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Porter Bancorp Inc (PBIB.OQ)

PBIB.OQ on NASDAQ Stock Exchange Capital Market

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15 Dec 2017
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Summary

Name Age Since Current Position

W. Glenn Hogan

53 2013 Chairman of the Board

John Taylor

55 2013 President, Chief Executive Officer, Director; President, Chief Executive Officer of PBI Bank

Phillip Barnhouse

45 2012 Chief Financial Officer ; Chief Financial Officer and Chief Operating Officer of PBI Bank

John Davis

52 2012 Chief Credit Officer of PBI Bank

Joseph Seiler

48 2013 Executive Vice President of PBI Bank

James Parsons

58 2015 Director

Edmond Seifried

68 2015 Director

Michael Levy

46 2013 Independent Director

Bradford Ray

59 2014 Independent Director

W. Kirk Wycoff

59 2010 Independent Director

Biographies

Name Description

W. Glenn Hogan

Mr. W. Glenn Hogan is Chairman of the Board of Porter Bancorp, Inc. Mr. Hogan is founder, President and Chief Executive Officer of Hogan Real Estate, a full service commercial real estate development company headquartered in Louisville, Kentucky. Mr. Hogan has more than twenty-five years of real estate development experience and has developed millions of square feet of retail space in the Midwest and Southeast. He is a Certified Commercial Investment Member and a past president of the Kentucky State CCIM Chapter. Mr. Hogan brings executive decision making and risk assessment skills from his commercial real estate background. He also is familiar with the banking industry from previous service on the Board of Directors of two other Louisville community banks. He also served as a director of US Wireless Online, Inc. from August 2005 until May 2006.

John Taylor

Mr. John T. Taylor has been appointed as President, Chief Executive Officer, Director of Porter Bancorp, Inc. and Chief Executive Officer, President of PBI Bank, the subsidiary of the Company. Prior to joining us, He became Chief Executive Officer of Porter Bancorp in 2013. Prior to joining us, Mr. Taylor served as President and CEO of American Founders Bank, Inc. and American Founders Bancorp, Inc. of Lexington, Kentucky since 2007. Prior to joining American Founders, he served in senior management positions with increasing responsibility for PNC Bank, N.A., including as President of its Ohio/Northern Kentucky region for six years. Mr. Taylor has over 30 years of banking experience in Kentucky and Ohio. Mr. Taylor has been actively involved in a number of civic and professional organizations. Mr. Taylor has a solid history of building organizations with a clear vision and strategy to build long-term enterprise value. He also has strong roots in Kentucky with significant experience in our key markets. He is a graduate of the University of Kentucky where he earned a Master’s and a Bachelor’s Degree in Business Administration.

Phillip Barnhouse

Mr. Phillip W. Barnhouse is Chief Financial Officer of Porter Bancorp and Chief Financial Officer and Chief Operating Officer of PBI Bank ,the subsidiary of the Company, since March 19, 2012. He has served as Chief Financial Officer of PBI Bank since 2006. He served as Chief Financial Officer of Ascencia Bank from 1998 until it was merged into PBI Bank at the end of 2005. From 1992 to 1998, Mr. Barnhouse worked with Arthur Andersen LLP, where he managed the audits of public and private companies. He is a member of the American Institute of Certified Public Accountants and the Kentucky Society of CPAs. Mr. Barnhouse earned a Bachelor’s degree in Accounting at Western Kentucky University and a diploma from The Graduate School of Banking at Louisiana State University.

John Davis

Mr. John R. Davis is Chief Credit Officer of PBI Bank, subsidiary of Porter Bancorp, Inc. Mr. Davis has the responsibility for establishing and executing credit quality policies and overseeing credit administration. He previously served as Executive Vice President and Chief Credit Officer of American Founders Bank, Inc. and American Founders Bancorp, Inc. of Lexington, Kentucky. Before joining American Founders in 2005, he served for 17 years in various commercial lending and credit administration positions of increasing authority with National City Bank. Mr. Davis earned his Bachelor’s degree in Business from the University of Louisville, an MBA from Bellarmine University and is a graduate of the Stonier Graduate School of Banking.

Joseph Seiler

Mr. Joseph C. Seiler is Executive Vice President of PBI Bank, the subsidiary of the Company. Mr. Seiler previously served as Executive Vice President, Asset Resolution Team, of PNC Bank, Inc. in Louisville, Kentucky. Before joining PNC Bank in 2009, he served as Executive Vice President and Managing Director, Investment Real Estate Group, for National City Bank of Louisville, Kentucky. Mr. Seiler earned his Bachelor’s degree in Economics from Centre College in Danville, Kentucky and an MBA from the University of Louisville.

James Parsons

Mr. James M. Parsons is Director of the Company. He has been the Chief Financial Officer of Ball Homes, LLC, a residential real estate development firm headquartered in Lexington, Kentucky with operations in Kentucky and Tennessee, since 2005. He previously served as President and CEO of ONB Insurance Group and has been an advisory board member for two community banks. Mr. Parsons received his bachelor’s degree in business administration and accounting from West Virginia University. Mr. Parsons’ background in finance, real estate development and accounting will strengthen the board’s depth of expertise in all three areas.

Edmond Seifried

Dr. Edmond J. Seifried is Director of the Company. Dr. Edmond J. Seifried is a principal in Seifried & Brew LLC, a community bank education center in Bethlehem, Pennsylvania. He is also the Executive Director of the Sheshunoff Affiliation Program, which provides education and idea exchanges for community bank executives. Dr. Seifried is Professor Emeritus at Lafayette College in Easton, Pennsylvania, where he has served on the faculty of the Department of Economics and Business since 2006. Dr. Seifried previously served as Chief Economist and Economic Advisor for Sheshunoff Consulting and Solutions, a national bank consulting firm; Dean of the Banking Schools of both the Virginia and West Virginia Bankers Associations, and on the faculty of the Southwestern Graduate School of Banking in Dallas, Texas. Dr. Seifried received a bachelor’s degree from Indiana University, a master’s degree from the University of Connecticut, and a doctorate degree from West Virginia University, all in economics. Dr. Seifried’s extensive background in banking education will assist the board in its oversight of the Company’s operations, human resources and training.

Michael Levy

Mr. Michael T. Levy is Independent Director of the company. He is President of Muirfield Insurance LLC of Kentucky, a Lexington, Kentucky insurance brokerage firm. An owner of Bluewater Farm, LLC, Mr. Levy is active in breeding and selling Thoroughbreds and serves as a board member of the Thoroughbred Owners and Breeders Association and Breeders Cup, Ltd. He is a graduate of the University of Pennsylvania. The lead producer in an insurance agency, Mr. Levy has intimate knowledge of the Lexington market, which has been identified as a target growth market in our strategic planning. He also has extensive experience in the equine industry, a niche market also identified in PBI Bank’s strategic plan.

Bradford Ray

Mr. Bradford T. Ray is independent Director of the Company., effective December 30, 2014. Mr. Ray served in various leadership roles at Steel Technologies, Inc., a steel processor, from 1981 to 2010, serving as CEO beginning in 1999 and as Chairman beginning in 2002. He served as an advisor to Steel Technologies, Inc. from 2010 to 2012. He has been a consultant with BTR Advisory Services since 2012 and has been an independent director at Global Brass and Copper Holdings, Inc. since December 10, 2014. Mr. Ray serves on the Board of Trustees of Bellarmine University in Louisville, Kentucky. He provides the experience and perspective of a former chief executive of a publicly traded manufacturing business.

W. Kirk Wycoff

Mr. W. Kirk Wycoff is an Independent Director of Porter Bancorp Inc., since August 1, 2010. Mr. Wycoff has been a managing member of Patriot Financial Partners, L.P., a private equity fund headquartered in Philadelphia that focuses on investing in community banks and thrifts throughout the U.S. since 2007. He has been designated by Patriot Financial Partners to serve on our Board of Directors, as provided by our June 2010 stock purchase agreement. Mr. Wycoff served as Chairman of Continental Bank of Plymouth Meeting, Pennsylvania, a $500 million community bank which was acquired in 2015 by Bryn Mawr Bank Corporation. He served as President and CEO of Continental Bank from 2005 to 2007, and as Chairman and CEO of Progress Financial Corp from 1991 to 2004. During his tenure with Progress, the bank grew from $280 million in assets and seven offices, to more than $1.2 billion in assets and 21 offices. Earlier, Mr. Wycoff had served as Chairman and CEO of Crusader Savings Bank, a Philadelphia community bank, which he transformed into a profitable mortgage lender. He also held senior level positions with Girard Bank and the Philadelphia Savings Fund Society. Mr. Wycoff serves as a director of three other bank holding companies: Heritage Commerce Corp, Guaranty Bancorp, and Square 1 Financial, Inc.

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