Kentucky

Citizens First in Bowling Green, Ky., has appointed a Tennessee businessman and a Kentucky government official to its board.

Porter Bancorp in Louisville, Ky., has agreed to pay $1.1 million to settle a lawsuit alleging mismanagement of a former client's employee stock ownership plan.

Porter Bancorp in of Louisville, Ky., has adopted a plan to preserve the value of its deferred tax benefits, designed to allow the company to continue the use of net operating loss carryforwards.

American Founders Bank in Lexington, Ky., has agreed to sell itself to a real estate developer.

Farmers Capital Bank in Frankfort, Ky., has completed the redemption of its Troubled Asset Relief program preferred shares for about $10.1 million.

First Capital in Corydon, Ind., has agreed to buy Peoples Bancorp Inc. of Bullitt County in Shepherdsville, Ky.

City Holding in Charleston, W.Va., has agreed to buy three branches in Kentucky from American Founders Bank in Lexington.

Proposed new rules from the CFPB could wind up forcing banks out of the small-dollar lending business, leaving cash-strapped consumers with fewer borrowing options.

Farmers Capital Bank in Frankfort, Ky., will repurchase the rest of its outstanding preferred stock.

Stock Yards Bancorp in Louisville, Ky., reported much better-than-expected earnings in the first quarter one the strength of higher mortgage revenue and net interest income.

Poage Bankshares in Ashland, Ky., has named Daniel King 3rd as its chairman.

Farmers Capital Bank in Versailles, Ky., has been freed from a regulatory order.

Ohio Valley Financial Group in Henderson, Ky., has merged with BankTrust Financial in Henderson.

Kentucky First Federal Bancorp is merging its two banks.

Old National Bancorp in Evansville, Ind., has agreed to buy Mutual Underwriters Insurance in Louisville, Ky.

The $794 million-asset Kentucky Bancshares will pay $7.2 million, or $32.50 a share, in stock for the $121 million-asset Madison.

Republic Bancorp in Louisville, Ky., reported a quadrupling in profit due to higher interest income and lower expenses during the fourth quarter of 2014.

FS Card announced Thursday that Republic Bank & Trust in Louisville, Ky., will issue its new subprime credit card, which is scheduled to be launched this spring.

Citizens National in Paintsville, Ky., has acquired Peoples Security Bancorp in Louisa, Ky.

The Defense Department's decision to bar service members from using the military's discretionary allotment system will reduce Farmers Capital's annual process revenue by nearly $1.5 million.