Porter Bancorp Inc. (PBIB) 1.58 $PBIB
Porter Bancorp, Inc. Holds Annual Meeting of Shareholders
BusinessWire - Wed May 25, 3:05PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, announced today that its shareholders elected eight directors, approved a non-binding advisory vote on the compensation of the company's executives, approved a proposal to authorize our board of directors to effect, at its discretion, a reverse stock split, and approved the 2016 Omnibus Equity Compensation Plan.
PBIB: 1.58 (-0.01)
PBI Bank, U.S. Department of Labor Reach Settlement in ESOP Case
BusinessWire - Fri May 13, 3:05PM CDT
PBI Bank, Inc. announced today that a settlement agreement has been reached with the United States Department of Labor (DOL) in an Employee Stock Ownership Plan (ESOP) matter that was pending in federal court in the Southern District of Indiana.
PBIB: 1.58 (-0.01)
Porter Bancorp Reports 1st Quarter 2016 Net Income of $1.4 Million or $0.05 Per Diluted Share
BusinessWire - Wed Apr 27, 3:15PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, today reported unaudited results for the first quarter of 2016.
PBIB: 1.58 (-0.01)
Porter Bancorp Closes Private Placement of Common Stock
BusinessWire - Mon Apr 18, 3:05PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB) reported today the completion of a private placement of common stock on April 15, 2016. In the transaction, the Company issued 2.9 million common shares and 1.1 million non-voting common shares at $1.25 each resulting in total proceeds of $5.0 million. Approximately $2.8 million of the proceeds were directed by investors to make interest payments and bring current the Company's trust preferred securities which had been in deferral since 2011. The balance of the proceeds will be used for general corporate purposes and to support the Company's wholly-owned subsidiary, PBI Bank.
PBIB: 1.58 (-0.01)
Investment Professionals, Inc. Adds PBI Bank to Broker-Dealer Platform
PR Newswire - Tue Mar 08, 6:50AM CST
Investment Professionals, Inc. (IPI), a national leading provider of investment services and programs to individuals and community banks, announced today that it has partnered with PBI Bank (PBI), a wholly owned subsidiary of Porter Bancorp, Inc. (NASDAQ: PBIB), to provide investment services to their customers through IPI's nondeposit investment program.
PBIB: 1.58 (-0.01)
BUYINS.NET: PBIB, BOTJ, CIVB, Expected to Trade Higher After Bullish Insider Trading
M2 - Wed Feb 03, 8:39AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. Porter Bancorp Inc (NASDAQ
BIB), Bank Of The James (NASDAQ:BOTJ), (NASDAQ:CIVB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
BOTJ: 11.96 (+0.03), PBIB: 1.58 (-0.01), CIVB: 12.70 (+0.62)
Porter Bancorp Reports 28% NPA Reduction in 4th Quarter and 64% for 2015
BusinessWire - Wed Jan 27, 4:01PM CST
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, today reported unaudited results for the fourth quarter of 2015.
PBIB: 1.58 (-0.01)
Porter Bancorp announces resolution of dispute with SBAV LP
M2 - Tue Nov 03, 6:29AM CST
Porter Bancorp Inc (NASDAQ BIB) revealed on Tuesday that it has settled its dispute confidentially with SBAV LP in the pending law suit, SBAV LP v. Porter Bancorp, et. al. (Civ. Action 3:13-CV-710).
PBIB: 1.58 (-0.01)
Porter Bancorp and SBAV LP Resolve Dispute
BusinessWire - Mon Nov 02, 5:49PM CST
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, Inc., announced today that a confidential settlement agreement has been reached in the SBAV LP v. Porter Bancorp, et. al. (Civ. Action 3:13-CV-710) matter that was pending in federal court in the Western District of Kentucky. In resolving SBAV's claims, the Company did not admit liability, and the settlement of this matter had no material effect on the Company's financial condition or operating results.
PBIB: 1.58 (-0.01)
Porter Bancorp Reports Third Quarter 2015 Net Loss of $1.0 Million or ($0.04) Per Diluted Share; Book Value Per Share Increased from $1.06 to $1.15 on Debt Extinguishment
BusinessWire - Fri Oct 30, 3:05PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, today reported unaudited results for the third quarter of 2015.
PBIB: 1.58 (-0.01)
Porter Bancorp, Inc. Completes Debt for Equity Exchange
BusinessWire - Thu Oct 01, 3:36PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, Inc., announced that on September 30, 2015, Porter Bancorp, Inc. ("Porter" or the "Company"
completed a common equity for debt exchange with holders of $4,000,000 of the capital securities (the "Trust Securities" of Porter Statutory Trust IV, a trust subsidiary of Porter, with accrued and unpaid interest thereon of approximately $330,000. In exchange for the $4.3 million debt and interest liability, the Company issued 800,000 common shares and 400,000 non-voting common shares, for a total of 1,200,000 shares, as described below.
PBIB: 1.58 (-0.01)
Porter Bancorp announces shareholders' approval of amendment to Articles of Incorporation at special meeting
M2 - Thu Sep 24, 4:40AM CDT
Porter Bancorp Inc (NASDAQ BIB) disclosed on Thursday that its shareholders approved an amendment to the Articles of Incorporation, at a special shareholders meeting on Wednesday (23 September 2015).
PBIB: 1.58 (-0.01)
Porter Bancorp elects James M. Parsons and Dr Edmond J. Seifried as directors to its board
M2 - Thu Sep 24, 3:52AM CDT
Porter Bancorp Inc (NASDAQ BIB) revealed on Thursday the addition of James M. Parsons and Dr Edmond J. Seifried as new members to its board of directors.
PBIB: 1.58 (-0.01)
Porter Bancorp, Inc. Appoints Two New Board Members
BusinessWire - Wed Sep 23, 3:10PM CDT
--Dr. Edmond J. Seifried Joins Porter Bancorp Board
PBIB: 1.58 (-0.01)
Porter Bancorp, Inc. Shareholders Approve Amendment to Articles of Incorporation at Special Meeting
BusinessWire - Wed Sep 23, 3:05PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, Inc., today announced that shareholders approved an amendment to the Articles of Incorporation as an effort to protect the long-term value of the Company's accumulated tax benefit. The special shareholders meeting was held on September 23, 2015.
PBIB: 1.58 (-0.01)
PBI Bank Sponsors Kentucky Habitat for Humanity Cargo Container Home Exhibit at Kentucky State Fair
BusinessWire - Mon Aug 17, 3:05PM CDT
PBI Bank, Inc. will serve as sponsor for a unique Kentucky Habitat for Humanity (KyHFH) exhibit at this year's Kentucky State Fair, which takes place in Louisville, Ky. from Thursday, Aug. 20, to Sunday, Aug. 30. A first for the Kentucky State Fair, KyHFH will put a fully furnished cargo container home and vet cabin on display to the public. This latest KyHFH project involves recycling used steel cargo containers and retrofitting them into an affordable home option for homeless military veterans and low-income individuals and families.
PBIB: 1.58 (-0.01)
Porter Bancorp, Inc. Adopts Tax Benefits Preservation Plan to Preserve Use of Net Operating Losses
BusinessWire - Fri Jun 26, 8:00AM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB) (the "Company" today announced that its board of directors adopted a tax benefits preservation plan designed to preserve the value of certain of the Company's deferred tax assets primarily associated with net operating loss carryforwards (NOLs) under Section 382 of the Internal Revenue Code.
PBIB: 1.58 (-0.01)
Porter Bancorp declares results of 2015 annual shareholders' meeting
M2 - Thu May 28, 6:46AM CDT
Porter Bancorp Inc (NASDAQ BIB) disclosed on Wednesday that the shareholders at its annual meeting elected six directors, approved a non-binding advisory vote on the compensation of its executives, voted to conduct future votes on executive compensation annually and approved a proposal whereby the board of directors at its discretion can conduct a reverse stock split, to maintain its Nasdaq listing.
PBIB: 1.58 (-0.01)
Porter Bancorp, Inc. Holds Annual Meeting of Shareholders
BusinessWire - Wed May 25, 3:05PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, announced today that its shareholders elected eight directors, approved a non-binding advisory vote on the compensation of the company's executives, approved a proposal to authorize our board of directors to effect, at its discretion, a reverse stock split, and approved the 2016 Omnibus Equity Compensation Plan.
PBIB: 1.58 (-0.01)
PBI Bank, U.S. Department of Labor Reach Settlement in ESOP Case
BusinessWire - Fri May 13, 3:05PM CDT
PBI Bank, Inc. announced today that a settlement agreement has been reached with the United States Department of Labor (DOL) in an Employee Stock Ownership Plan (ESOP) matter that was pending in federal court in the Southern District of Indiana.
PBIB: 1.58 (-0.01)
Porter Bancorp Reports 1st Quarter 2016 Net Income of $1.4 Million or $0.05 Per Diluted Share
BusinessWire - Wed Apr 27, 3:15PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, today reported unaudited results for the first quarter of 2016.
PBIB: 1.58 (-0.01)
Porter Bancorp Closes Private Placement of Common Stock
BusinessWire - Mon Apr 18, 3:05PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB) reported today the completion of a private placement of common stock on April 15, 2016. In the transaction, the Company issued 2.9 million common shares and 1.1 million non-voting common shares at $1.25 each resulting in total proceeds of $5.0 million. Approximately $2.8 million of the proceeds were directed by investors to make interest payments and bring current the Company's trust preferred securities which had been in deferral since 2011. The balance of the proceeds will be used for general corporate purposes and to support the Company's wholly-owned subsidiary, PBI Bank.
PBIB: 1.58 (-0.01)
Investment Professionals, Inc. Adds PBI Bank to Broker-Dealer Platform
PR Newswire - Tue Mar 08, 6:50AM CST
Investment Professionals, Inc. (IPI), a national leading provider of investment services and programs to individuals and community banks, announced today that it has partnered with PBI Bank (PBI), a wholly owned subsidiary of Porter Bancorp, Inc. (NASDAQ: PBIB), to provide investment services to their customers through IPI's nondeposit investment program.
PBIB: 1.58 (-0.01)
BUYINS.NET: PBIB, BOTJ, CIVB, Expected to Trade Higher After Bullish Insider Trading
M2 - Wed Feb 03, 8:39AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. Porter Bancorp Inc (NASDAQ
BIB), Bank Of The James (NASDAQ:BOTJ), (NASDAQ:CIVB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns. BOTJ: 11.96 (+0.03), PBIB: 1.58 (-0.01), CIVB: 12.70 (+0.62)
Porter Bancorp Reports 28% NPA Reduction in 4th Quarter and 64% for 2015
BusinessWire - Wed Jan 27, 4:01PM CST
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, today reported unaudited results for the fourth quarter of 2015.
PBIB: 1.58 (-0.01)
Porter Bancorp announces resolution of dispute with SBAV LP
M2 - Tue Nov 03, 6:29AM CST
Porter Bancorp Inc (NASDAQ
BIB) revealed on Tuesday that it has settled its dispute confidentially with SBAV LP in the pending law suit, SBAV LP v. Porter Bancorp, et. al. (Civ. Action 3:13-CV-710). PBIB: 1.58 (-0.01)
Porter Bancorp and SBAV LP Resolve Dispute
BusinessWire - Mon Nov 02, 5:49PM CST
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, Inc., announced today that a confidential settlement agreement has been reached in the SBAV LP v. Porter Bancorp, et. al. (Civ. Action 3:13-CV-710) matter that was pending in federal court in the Western District of Kentucky. In resolving SBAV's claims, the Company did not admit liability, and the settlement of this matter had no material effect on the Company's financial condition or operating results.
PBIB: 1.58 (-0.01)
Porter Bancorp Reports Third Quarter 2015 Net Loss of $1.0 Million or ($0.04) Per Diluted Share; Book Value Per Share Increased from $1.06 to $1.15 on Debt Extinguishment
BusinessWire - Fri Oct 30, 3:05PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, today reported unaudited results for the third quarter of 2015.
PBIB: 1.58 (-0.01)
Porter Bancorp, Inc. Completes Debt for Equity Exchange
BusinessWire - Thu Oct 01, 3:36PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, Inc., announced that on September 30, 2015, Porter Bancorp, Inc. ("Porter" or the "Company"
completed a common equity for debt exchange with holders of $4,000,000 of the capital securities (the "Trust Securities" of Porter Statutory Trust IV, a trust subsidiary of Porter, with accrued and unpaid interest thereon of approximately $330,000. In exchange for the $4.3 million debt and interest liability, the Company issued 800,000 common shares and 400,000 non-voting common shares, for a total of 1,200,000 shares, as described below. PBIB: 1.58 (-0.01)
Porter Bancorp announces shareholders' approval of amendment to Articles of Incorporation at special meeting
M2 - Thu Sep 24, 4:40AM CDT
Porter Bancorp Inc (NASDAQ
BIB) disclosed on Thursday that its shareholders approved an amendment to the Articles of Incorporation, at a special shareholders meeting on Wednesday (23 September 2015). PBIB: 1.58 (-0.01)
Porter Bancorp elects James M. Parsons and Dr Edmond J. Seifried as directors to its board
M2 - Thu Sep 24, 3:52AM CDT
Porter Bancorp Inc (NASDAQ
BIB) revealed on Thursday the addition of James M. Parsons and Dr Edmond J. Seifried as new members to its board of directors. PBIB: 1.58 (-0.01)
Porter Bancorp, Inc. Appoints Two New Board Members
BusinessWire - Wed Sep 23, 3:10PM CDT
--Dr. Edmond J. Seifried Joins Porter Bancorp Board
PBIB: 1.58 (-0.01)
Porter Bancorp, Inc. Shareholders Approve Amendment to Articles of Incorporation at Special Meeting
BusinessWire - Wed Sep 23, 3:05PM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, Inc., today announced that shareholders approved an amendment to the Articles of Incorporation as an effort to protect the long-term value of the Company's accumulated tax benefit. The special shareholders meeting was held on September 23, 2015.
PBIB: 1.58 (-0.01)
PBI Bank Sponsors Kentucky Habitat for Humanity Cargo Container Home Exhibit at Kentucky State Fair
BusinessWire - Mon Aug 17, 3:05PM CDT
PBI Bank, Inc. will serve as sponsor for a unique Kentucky Habitat for Humanity (KyHFH) exhibit at this year's Kentucky State Fair, which takes place in Louisville, Ky. from Thursday, Aug. 20, to Sunday, Aug. 30. A first for the Kentucky State Fair, KyHFH will put a fully furnished cargo container home and vet cabin on display to the public. This latest KyHFH project involves recycling used steel cargo containers and retrofitting them into an affordable home option for homeless military veterans and low-income individuals and families.
PBIB: 1.58 (-0.01)
Porter Bancorp, Inc. Adopts Tax Benefits Preservation Plan to Preserve Use of Net Operating Losses
BusinessWire - Fri Jun 26, 8:00AM CDT
Porter Bancorp, Inc. (NASDAQ: PBIB) (the "Company"
today announced that its board of directors adopted a tax benefits preservation plan designed to preserve the value of certain of the Company's deferred tax assets primarily associated with net operating loss carryforwards (NOLs) under Section 382 of the Internal Revenue Code. PBIB: 1.58 (-0.01)
Porter Bancorp declares results of 2015 annual shareholders' meeting
M2 - Thu May 28, 6:46AM CDT
Porter Bancorp Inc (NASDAQ
BIB) disclosed on Wednesday that the shareholders at its annual meeting elected six directors, approved a non-binding advisory vote on the compensation of its executives, voted to conduct future votes on executive compensation annually and approved a proposal whereby the board of directors at its discretion can conduct a reverse stock split, to maintain its Nasdaq listing. PBIB: 1.58 (-0.01)
