State Coverage: Kentucky
Porter Pursues Hostile Takeover
American Banker | Oct 26Porter Bancorp of Louisville, Ky., moved ahead Friday with plans to buy Citizens First directly from shareholders, after getting snubbed by the board.
An Unusual, Unsolicited, Unrequited Buyout Bid
American Banker | Oct 19If at first you don't succeed, go hostile? That's Porter Bancorp's strategy as the $1.7 billion-asset company pursues the $339 million-asset Citizens First Corp.
Regulators Shut Subsidiaries of Indiana's Irwin Financial
Closures bring the year's failure total to 94
American Banker | Sep 21The failures of $2.7 billion-asset Irwin Union Bank and Trust Co. and $493 million-asset Irwin Union Bank were estimated to cost the Deposit Insurance Fund a total of $850 million.
Kentucky's Community Trust to Post Profit Dip
American Banker | Jan 12Community Trust Bancorp said Friday that it expects to report its fourth-quarter earnings per share fell roughly a third from a year earlier, to a range of 38 to 40 cents.
For Small Firms, a Bank Switch Gaining Appeal
Marissa Fajt contributed to this story. | Jan 07As bigger lenders tighten credit, small and midsize businesses are warming conceptually to striking relationships with community banks — and the banks appear receptive.
Going it Alone to Raise Trust-Preferred Capital
American Banker | Dec 19Peter Benoist, the president and CEO of Enterprise Financial Services, said his company chose the trust-preferred route because a stock offering would have been too dilutive, given the current stock price.
M&A Head Resigns at Republic of Kentucky
American Banker | Dec 03After joining Republic Bancorp as head of the company's acquisitions and corporate strategy, former National City executive Ted Parker has resigned ...
Court Upholds Preemption in Tax Lending Case
American Banker | Oct 02A court ruling against a two-year-old Connecticut restriction on tax refund anticipation loans may set a precedent for banks making these loans elsewhere.
Integra Selling Three Kentucky Branches
American Banker | Sep 24Integra Bank in Evansville, Ind., has struck a deal to sell three small Kentucky branches to Peoples Exchange Bank, a unit of Genbeach Co. in Beattyville, Ky.
Deal Done, MainSource Confronts Problem Assets
American Banker | Sep 19MainSource Financial Group's chief executive was not with the Greensburg, Ind., company at the time it struck a deal for 1st Independence Financial Group of Kentucky, but it is ...
Louisville's Republic Is Shopping
American Banker | Sep 02Republic Bancorp has never been much of a dealmaker, but with its stock price surging and its coffers full from record profits, the Louisville company is interested in buying banks.
Nonperformers Increase at S.Y.
American Banker | Jul 17S.Y. Bancorp in Louisville said Wednesday that its second-quarter earnings fell 3% from a year earlier, to $6.1 million.
Republic of Louisville Finds Refund Lending is Paying Off
American Banker | Apr 23Tax refund lending can be a high-risk business, but as Republic Bancorp Inc. in Louisville showed in the first quarter, it can also be a high-reward one.
Tax Loans Help Kentucky's Republic
American Banker | Apr 21Buoyed by growth in its tax refund anticipation loan business, Republic Bancorp of Louisville said Friday that its 1Q earnings more than doubled from a year earlier ...
Kentucky's First Financial Acquiring Indiana's FSB
American Banker | Mar 24First Financial of Elizabethtown, Ky., plans to acquire FSB Bancshares in Lanesville, Ind., for $14 million in cash.