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(PBIB)

(PBIB)
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Porter Bancorp, Inc. was incorporated in the State of Kentucky. It was organized in 1988. It is a bank holding company. Through its subsidiary PBI Bank, it operates 18 full-service banking offices in approximately 12 counties in Kentucky. The Company's markets include metropolitan Louisville in Jefferson County and the surrounding counties of Henry and Bullitt, and extend south along the Interstate 65 corridor to Tennessee. It serves south central Kentucky and southern Kentucky from banking offices in Butler, Green, Hart, Edmonson, Barren, Warren, Ohio, and Daviess Counties. It also has an office in Lexington, Kentucky, the second largest city in Kentucky. PBI Bank is both a traditional community bank with a wide range of commercial and personal banking products, with a focus on commercial real estate and residential real estate lending, and an innovative on-line bank which delivers competitive deposit products and services through an on-line banking division operating under the name of Ascencia. It operates in markets that include the four largest cities in Kentucky - Louisville, Lexington, Owensboro and Bowling Green. It meets its customers' banking needs with a broad range of financial products and services. The Company's lending services include real estate, commercial, mortgage and consumer loans to small to medium-sized businesses located in its markets, the owners and employees of those businesses, as well as other executives and professionals. It complements its lending operations with an array of retail and commercial deposit products. In addition, it offers its customers drive-through banking facilities, automatic teller machines, night depository, personalized checks, credit cards, debit cards, internet banking, electronic funds transfers through ACH services, domestic and foreign wire transfers, travelers' checks, cash management, vault services, loan and deposit sweep accounts and lock box services. Through its trust division, it offers personal trust services, employer retirement plan services and personal financial and retirement planning services.
(Values in U.S. Thousands) Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013
Sales 42,380 40,370 44,270 43,590 49,150
Sales Growth +4.98% -8.81% +1.56% -11.31% -26.99%
Net Income 38,450 -2,750 -3,210 -11,160 -1,590
Net Income Growth +1,498.18% +14.33% +71.24% -601.89% +95.17%
(Values in U.S. Thousands) Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013
Total Assets 970,800 945,180 948,720 1,017,990 1,076,120
Total Assets Growth +2.71% -0.37% -6.80% -5.40% -7.44%
Total Liabilities 898,130 912,440 916,710 984,520 1,040,190
Total Liabilities Growth -1.57% -0.47% -6.89% -5.35% -6.75%
(Values in U.S. Thousands) Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013
Operating Cash Flow 2,010 6,110 4,060 1,430 9,530
Operating Cash Flow Growth -67.10% +50.49% +183.92% -84.99% -73.34%
Net Cash Flow -32,210 -27,020 13,160 -30,950 61,560
Change in Net Cash Flow -19.21% -305.32% +142.52% -150.28% +209.17%
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