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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): October 23, 2007


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


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


               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 October 25, 2007, Porter Bancorp,  Inc. announced that it signed a definitive
agreement to acquire Paramount Bank in Lexington,  Kentucky. Paramount Bank is a
division of SCB Bank, the bank subsidiary of Blue River  Bancshares,  Inc. (OTC:
BRBI) of  Shelbyville,  Indiana.  Paramount  has  approximately  $75  million in
assets.  The acquisition is valued at  approximately $5 million and will be paid
in cash.  The proposed  acquisition is expected to close at the beginning of the
first quarter of 2008.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

   (d)Exhibits

Exhibit No.     Description of Exhibit

99.1            Press Release issued by Porter Bancorp, Inc. on October 25,
                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: October 26, 2007                 Porter Bancorp, Inc.

                                          By:  /s/ David Pierce
                                               ----------------
                                               David Pierce,
                                               Chief Financial Officer






                                  EXHIBIT INDEX
                                  -------------


Exhibit         Description
-------         -----------
99.1            Press Release dated October 25, 2007