BOWLING GREEN, Ky. - Trans Financial Bancorp Inc. said it entered a definitive agreement to acquire Kentucky Community Bancorp Inc. in a stock swap valued at $22 million.
Trans Financial said Kentucky Community Bancorp is headquartered in Maysville, Ky., and has total assets of about $171 million.
Also, Murray J. Brown, president and chief executive of Trans Financial's Tennessee banking unit, resigned to pursue outside business interests. (See story on page 8.)