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): November 20, 2007


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


          Kentucky                  001-33033            61-1142247
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(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 November 20, 2007, Porter Bancorp, Inc. issued a press release announcing
that its Board of Directors declared a cash dividend of $0.21 per share, a 5%
increase over the previous level. 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 November 20, 2007






                                   SIGNATURES
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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: November 20, 2007                Porter Bancorp, Inc.

                                          By:  /s/ David B. Pierce
                                               -------------------
                                               David B. Pierce
                                               Chief Financial Officer






                                  EXHIBIT INDEX
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Exhibit           Description
- -------           -----------

99.1              Press Release dated November 20, 2007

EX-99.1

                                                                    Exhibit 99.1

                   Porter Bancorp, Inc. Increases Cash
                               Dividend


    LOUISVILLE, Ky.--(BUSINESS WIRE)--Nov. 20, 2007--Porter Bancorp,
Inc. (NASDAQ: PBIB), parent company of PBI Bank, announced today that
its Board of Directors declared a cash dividend of $0.21 per share, a
5% increase over the previous level. The dividend will be payable on
January 3, 2008, to shareholders of record as of December 15, 2007.

    "The dividend action taken by our Board reflects the underlying
strength of the company and highlights our strong financial
performance," stated Maria L. Bouvette, President and CEO of Porter
Bancorp, Inc. "Our Board of Directors is committed to building
long-term shareholder value, and we believe our cash dividend is an
important part of this strategy."

    About Porter Bancorp, Inc.

    Porter Bancorp, Inc. is a bank holding company headquartered in
Louisville, Kentucky. It is the seventh largest independent banking
organization based on total assets domiciled in the Commonwealth of
Kentucky, with $1.3 billion in assets as of September 30, 2007.
Through Porter's subsidiary PBI Bank, it operates banking offices in
10 counties located along central Kentucky's Interstate 65 corridor,
which runs through Louisville and central Kentucky. Porter Bancorp's
common stock is traded on the Nasdaq Global Market under the symbol
"PBIB."

    PBIB-F

    PBIB-G


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