8-K

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                    WASHINGTON, D.C. 20549 [GRAPHIC OMITTED]

                                    FORM 8-K


                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): May 18, 2007


                              PORTER BANCORP, INC.
             (Exact name of registrant as specified in its charter)


           Kentucky                      001-33033            61-1142247
           --------                      ---------            ----------
(State or other jurisdiction of         (Commission          (I.R.S. Employer
 incorporation or organization)         File Number)         Identification No.)


               2500 Eastpoint Parkway, Louisville, Kentucky, 40223
               ---------------------------------------------------
                    (Address of principal executive offices)


                                 (502) 499-4800
                                 --------------
              (Registrant's telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[_] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[_] Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14-2(b))

[_] Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))

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Item 8.01. Other Events.

On May 18, 2007, Porter Bancorp, Inc. issued a press release announcing that its
Board of Directors declared a cash dividend of $0.20 per share. A copy of the
press release is attached hereto as Exhibit 99.1 to this Form 8-K.


ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

        (d)   Exhibits

Exhibit No.     Description of Exhibit
- -----------     ----------------------
99.1            Press Release issued by Porter Bancorp, Inc. on May 18, 2007




                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


Date: May 18, 2007                      Porter Bancorp, Inc.

                                    By: /s/ Maria L. Bouvette
                                        ---------------------
                                        Maria L. Bouvette,
                                        President and Chief Executive Officer




                                  EXHIBIT INDEX
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Exhibit         Description
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99.1            Press Release dated May 18, 2007

EX-99.1

                                                                    Exhibit 99.1

    Porter Bancorp, Inc. Declares Cash Dividend of $0.20 Per Share


    LOUISVILLE, Ky.--(BUSINESS WIRE)--May 18, 2007--Porter Bancorp,
Inc. (NASDAQ: PBIB), parent company of PBI Bank, announced today that
its Board of Directors declared a cash dividend of $0.20 per share.
The dividend will be payable on July 2, 2007, to shareholders of
record as of June 15, 2007.

    Porter Bancorp, Inc. is a bank holding company headquartered in
Louisville, Kentucky and the seventh largest independent banking
organization domiciled in the Commonwealth of Kentucky based on total
assets. Through our subsidiary PBI Bank, we operate banking offices in
Louisville and 12 other Kentucky communities located along central
Kentucky's Interstate 65 corridor, which runs through Louisville and
central Kentucky and connects Chicago and Indianapolis to Nashville
and Atlanta. Porter Bancorp's common stock is traded on the Nasdaq
Global Market under the symbol "PBIB."

    PBIB-F PBIB-G


    CONTACT: Porter Bancorp, Inc.
             Maria L. Bouvette, President and CEO, 502-499-4800