Porter Bancorp, Inc. Changes Name to Limestone Bancorp, Inc.
June 18 2018 - 7:30AM
Business Wire
Trading on Nasdaq under Ticker LMST to begin
on June 19, 2018
Porter Bancorp, Inc. (Nasdaq: PBIB), parent company of Limestone
Bank, announced today that it has changed its name to Limestone
Bancorp, Inc. The Company’s common stock will begin trading on the
Nasdaq stock exchange under the ticker symbol LMST on June 19,
2018. Shareholders approved the corporate name change at the
Company’s annual meeting on May 23, 2018. No further action is
required by shareholders to complete the name change.
John T. Taylor, President and CEO of Limestone Bancorp and
Limestone Bank, stated, “We are pleased that shareholders
overwhelmingly approved our corporate name change to Limestone
Bancorp, Inc. We believe the new name recognizes the bank’s
Kentucky roots, which can be traced back more than 110 years, and
allows us to update our brand to set the tone for the future. We
have a long history of servicing our local communities across the
Commonwealth, and we want to continue to make sure we live up to
the strength of the relationships we’ve built. The new name
emphasizes our Kentucky heritage. Limestone is not only a sturdy
rock found across Kentucky, but it’s also used by many of our
equine customers as a supplement source of calcium in horse feed.
These two aspects of limestone mirror our sturdy commitment to
helping our customers build a firm financial future.”
About Limestone Bancorp, Inc.Limestone Bancorp, Inc.
(formerly known as Porter Bancorp, Inc.) (NASDAQ: LMST) is a
Louisville, Kentucky-based bank holding company which operates
banking centers in 12 counties through its wholly-owned subsidiary
Limestone Bank. Our markets include metropolitan Louisville in
Jefferson County and the surrounding counties of Henry and Bullitt,
and extend south along the Interstate 65 corridor. We serve
southern and south central Kentucky from banking centers in Butler,
Green, Hart, Edmonson, Barren, Warren, Ohio and Daviess counties.
We also have a banking center in Lexington, Kentucky, the second
largest city in the state. Limestone Bank is a traditional
community bank with a wide range of personal and business banking
products and services.
Forward-Looking StatementsStatements in this press
release relating to Limestone Bancorp’s plans, objectives,
expectations or future performance are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. The words “believe,” “may,” “should,” “anticipate,”
“estimate,” “expect,” “intend,” “objective,” “possible,” “seek,”
“plan,” “strive” or similar words, or negatives of these words,
identify forward-looking statements that involve risks and
uncertainties. Although the Company’s management believes the
assumptions underlying the forward-looking statements contained
herein are reasonable, any of these assumptions could be
inaccurate. Therefore, there can be no assurance the
forward-looking statements included herein will prove to be
accurate. Factors that could cause actual results to differ from
those discussed in forward-looking statements include, but are not
limited to: economic conditions both generally and more
specifically in the markets in which the Company and its
subsidiaries operate; competition for the Company’s customers from
other providers of financial services; government legislation and
regulation, which change from time to time and over which the
Company has no control; changes in interest rates; material
unforeseen changes in liquidity, results of operations, or
financial condition of the Company’s customers; and other risks
detailed in the Company’s filings with the Securities and Exchange
Commission, all of which are difficult to predict and many of which
are beyond the control of the Company. The forward-looking
statements in this press release are made as of the date of the
release and Limestone Bancorp does not assume any responsibility to
update these statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20180618005128/en/
Limestone Bancorp, Inc.John T. Taylor, 502-499-4800Chief
Executive Officer
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