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Porter Bancorp Inc (PBIB.OQ)

PBIB.OQ on NASDAQ Stock Exchange Capital Market

10.80USD
23 Aug 2017
Change (% chg)

$-0.18 (-1.64%)
Prev Close
$10.98
Open
$10.80
Day's High
$10.80
Day's Low
$10.80
Volume
2
Avg. Vol
1,039
52-wk High
$13.75
52-wk Low
$7.80

Latest Key Developments (Source: Significant Developments)

Porter Bancorp reports Q2 earnings per share $0.27
Wednesday, 26 Jul 2017 04:05pm EDT 

July 26 (Reuters) - Porter Bancorp Inc :Porter Bancorp reports 2nd quarter 2017 net income of $1.7 million or $0.27 per diluted share.Q2 earnings per share $0.27.Porter Bancorp Inc - Net interest income before provision expense increased to $7.6 million for Q2 of 2017, compared with $7.2 million in Q2 of 2016.  Full Article

Porter Bancorp enters into senior secured loan agreement
Wednesday, 5 Jul 2017 04:40pm EDT 

July 5 (Reuters) - Porter Bancorp Inc ::Porter Bancorp Inc - ‍on June 30, 2017, co entered into a senior secured loan agreement with First Merchants Bank Of Muncie, Indiana​.Porter Bancorp - loan agreement, related promissory note and pledge agreement provide for a $10 million senior secured term loan maturing on June 30, 2022.Porter Bancorp Inc - ‍interest is payable quarterly at an interest rate of three-month libor plus 250 basis points through June 30, 2020​.Porter Bancorp Inc - ‍company contributed $9.0 million of borrowing proceeds to PBI Bank as common equity tier 1 capital​.Porter Bancorp Inc - loan is secured by a first priority pledge of 100% of issued and outstanding stock of PBI Bank, Inc Company's unit.  Full Article

Porter Bancorp Q1 earnings per share $0.27
Wednesday, 19 Apr 2017 04:10pm EDT 

April 19 (Reuters) - Porter Bancorp Inc ::Porter Bancorp reports 1st quarter 2017 net income of $1.6 million or $0.27 per diluted share.Q1 earnings per share $0.27.Porter Bancorp Inc - net interest income before provision expense increased to $7.7 million for q1 of 2017, compared with $7.3 million in q4 of 2016.Porter Bancorp Inc - net interest margin increased to 3.55% in q1 of 2017, compared with 3.35 pct in q4 of 2016.  Full Article

RMB Capital Holdings reports 9.9 pct passive stake in Porter Bancorp Inc
Friday, 10 Mar 2017 01:23pm EST 

Porter Bancorp Inc :RMB Capital Holdings LLC reports 9.9 percent passive stake in Porter Bancorp Inc as on December 31, 2016 - SEC filing.  Full Article

Porter Bancorp Q4 loss per share $1.07
Wednesday, 25 Jan 2017 04:05pm EST 

Porter Bancorp Inc : Porter Bancorp reported 2016 net loss narrowed to $2.7 million or ($0.46) per share compared to 2015 net loss of $2.9 million or ($0.62) per share . Q4 loss per share $1.07 .Net interest income before provision was $7.3 million for q4 of 2016 compared to $7.5 million in q3 of 2016.  Full Article

Porter Bancorp reports Q2 2016 net income of $979,000
Wednesday, 27 Jul 2016 04:15pm EDT 

Porter Bancorp Inc : Porter Bancorp reports 2nd quarter 2016 net income of $979,000 or $0.03 per diluted share . Q2 earnings per share $0.03 .Net interest income before provision expense decreased to $7.2 million for Q2 of 2016 compared with $7.7 million in Q1 of 2016.  Full Article

Porter Bancorp files for shelf offering
Friday, 20 May 2016 04:07pm EDT 

Porter Bancorp Inc :Files for shelf offering of up to 3.4 million common shares - sec filing.  Full Article

Porter Bancorp closes private placement of common stock
Monday, 18 Apr 2016 04:05pm EDT 

Porter Bancorp:Says completion of a private placement of common stock on April 15, 2016.In the transaction, the Company issued 2.9 million common shares and 1.1 million non-voting common shares at $1.25 each resulting in total proceeds of $5.0 million.Approximately $2.8 million of the proceeds were directed by investors to make interest payments and bring current the Company's trust preferred securities which had been in deferral since 2011.The balance of the proceeds will be used for general corporate purposes and to support the Company's wholly-owned subsidiary, PBI Bank.  Full Article

BRIEF-Porter Bancorp reports Q2 earnings per share $0.27

* Porter Bancorp reports 2nd quarter 2017 net income of $1.7 million or $0.27 per diluted share