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.