Porter Bancorp Inc. announced that Maria L. Bouvette will retire as Porter Bancorp's Chairman of the Board and CEO, and as Chairman of the Board of PBI Bank on July 31, 2013. Effective with Ms. Bouvette's retirement, W. Glenn Hogan is expected to be elected Chairman of the Board of Porter Bancorp, and John T. Taylor will be named CEO of Porter Bancorp. Mr. Hogan joined Porter Bancorp's Board in 2006.

He is founder, President and Chief Executive Officer of Hogan Real Estate, a full service commercial real estate development company headquartered in Louisville, Kentucky. John Taylor, was named President and CEO of PBI Bank and President of Porter Bancorp Inc. in July 2012. He was also elected as a Board member of PBI Bank and Porter Bancorp.

Prior to joining Porter, Mr. Taylor served as President and CEO of American Founders Bank Inc. and American Founders Bancorp Inc. of Lexington, Kentucky.