“We are fortunate that Porter Bancorp raised over $32 million in new capital last year. Our capital ratios are much stronger than many of our peer banks and exceed those specified in the Consent Order. We believe our capital levels provide PBI Bank with a solid foundation to build on for our future,” concluded Ms. Bouvette.Porter Bancorp expects to file a copy of the Consent Order on Form 8-K with the Securities and Exchange Commission when the agreement is finalized and signed by PBI Bank’s Board of Directors, the FDIC and KDFI.
Porter Bancorp, Inc. Expects PBI Bank To Enter Into Agreement With FDIC And KDFI
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