-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N31hOAYhbsB0ksWw4kO2p7dmxsX7Ge5acMQh1N2kIcYng+nPDC/oQRMtywzRDTiY p/RZvFfcwY1wpILWUmfzrg== 0001181431-06-059152.txt : 20061023 0001181431-06-059152.hdr.sgml : 20061023 20061023084331 ACCESSION NUMBER: 0001181431-06-059152 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061019 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061023 DATE AS OF CHANGE: 20061023 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Porter Bancorp, Inc. CENTRAL INDEX KEY: 0001358356 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 611142247 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33033 FILM NUMBER: 061156686 BUSINESS ADDRESS: STREET 1: 2500 EASTPOINT PARKWAY CITY: LOUISVILLE STATE: KY ZIP: 40223 BUSINESS PHONE: 502-499-4800 MAIL ADDRESS: STREET 1: 2500 EASTPOINT PARKWAY CITY: LOUISVILLE STATE: KY ZIP: 40223 8-K 1 rrd133527.htm Prepared By R.R. Donnelley Financial -- Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
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):  10/19/2006
 
PORTER BANCORP, INC.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  001-33033
 
Kentucky
  
61-1142247
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
2500 Eastpoint Parkway
Louisville, KY 40223
(Address of principal executive offices, including zip code)
 
502-499-4800
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
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 communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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

Information to be included in the report

 
Item 5.02.    Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
 
On October 19, 2006, upon the recommendation of the Nominating and Corporate Governance Committee (the "Nominating Committee") of the Board of Directors of Porter Bancorp Inc., the Porter Board increased the number of directors of Porter from six to seven and elected W. Glenn Hogan to fill the vacancy created by the increase. Mr. Hogan's term will expire at the 2007 annual meeting of shareholders of Porter, as do the terms of all of its directors. In addition, on October 19, 2006, upon the recommendation of the Nominating Committee, the Porter Board appointed Mr. Hogan to serve as a member of the Compensation Committee and the Nominating Committee of the Porter Board.
Mr. Hogan is the founder, President and Chief Executive Officer of Hogan Real Estate, a full service commercial real estate development company headquartered in Louisville, Kentucky. Mr. Hogan is a Certified Commercial Investment Member.  & nbsp;Mr. Hogan is currently a member of the Will Power Foundation and the Crusade for Children organization. He was previously a member of the board of directors of another community bank in Jefferson County.
The Porter Board determined that Mr. Hogan has no relationship with Porter or its subsidiaries, either directly or indirectly, that would be inconsistent with a determination of independence under the applicable rules and regulations of NASDAQ or the Securities and Exchange Commission.
Neither Mr. Hogan nor any member of his immediate family has engaged, directly or indirectly, in any transaction, or series of similar transactions, with Porter or any of its subsidiaries since January 1, 2006 in which the amount involved exceeds $60,000, except for a loan from PBI Bank to an affiliate of Mr. Hogan that was made in the ordinary course of business of PBI Bank on substantially the same terms, including interest rates paid and collateral required, as those prevailing at the time for comparable transactions with unaffiliated persons, and do not involve more than the normal risk of collectibility or present other features unfavorable to Porter.
The news release announcing the election of Mr. Hogan as a director of Porter is attached as Exhibit 99.1 to this Current Report on Form 8-K.
 
 
Item 9.01.    Financial Statements and Exhibits
 
(d) Exhibits
Exhibit No.        Description
99.1               News Release issued by Porter Bancorp Inc. on October 23, 2006 regarding election of W. Glenn Hogan as a director.
 

 

Signature(s)
 
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.
 
      
 
PORTER BANCORP, INC.
 
 
Date: October 23, 2006
     
By:
 
/s/    Maria L. Bouvette
               
Maria L. Bouvette
               
President and Chief Executive Officer
 
 

 

Exhibit Index
 
Exhibit No.
  
Description
EX-99.1
  
Press Release
EX-99.1 2 rrd133527_16383.htm PRESS RELEASE Item 5

PORTER BANCORP INC. APPOINTS NEW DIRECTOR

LOUISVILLE, Kentucky -- Porter Bancorp Inc. (Nasdaq: PBIB) announced the recent election of Glenn Hogan as a director of the company. The Porter Bancorp Board of Directors unanimously approved Hogan's appointment at the company's October 19th board meeting.

Hogan's appointment increases the number of Porter Bancorp directors to 7, which includes J. Chester Porter, Maria L. Bouvette, David L. Hawkins, Michael E. Miller, Sidney L. Monroe and Stephen A. Williams.

"Glenn is a welcome addition to the outstanding Porter Bancorp board," said J. Chester Porter, Chairman of Porter Bancorp. "We are fortunate to be able to add a person with strong real estate development experience as well as past community bank experience."

Glenn Hogan is the founder, President and Chief Executive Officer of Hogan Real Estate, a full service commercial real estate development company headquartered in Louisville, Kentucky. Hogan Real Estate provides real estate services for retailers, institutional and private property owners and investors. Hogan has over 20 years of real estate development experience and has developed over 5 million square feet of retail space in the Midwest and Southeast. Mr. Hogan is a Certified Commercial Investment Member and is past president of the Kentucky State CCIM Chapter. He is a graduate of Bellarmine University with a degree in Business Administration. Mr. Hogan is currently a member of the Will Power Foundation and the Crusade for Children organization. Hogan joins Porter Bancorp's board with over 10 years of experience as a director of a community bank in Jefferson County.

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."

 

END OF RELEASE

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