Limestone Bancorp, Inc. Holds Annual Meeting of Shareholders; Shareholders Elect Eight Directors
18 Mayo 2022 - 3:05PM
Business Wire
Declares Quarterly Cash Dividend of $0.05
Per Common Share
Limestone Bancorp, Inc. (NASDAQ: LMST), parent company of
Limestone Bank, announced today that its shareholders elected eight
directors, approved a non-binding advisory vote on the compensation
of the Company’s named executives, and approved a proposal to
ratify the appointment of the Company’s independent registered
public accounting firm.
At the annual meeting, shareholders elected the following as
directors to serve for a one-year term:
- W. Glenn Hogan – Chairman of Limestone Bancorp, Inc. and CEO of
Hogan Real Estate, a full service commercial real estate
development company headquartered in Louisville, KY
- Celia P. Catlett – General Counsel at the TurnPoint Services
Group, a rapidly growing residential and commercial services
company. Ms. Catlett also serves as a director and officer of
Mothers Esquire, Inc., a non-profit organization dedicated to
achieving gender equity in the legal profession
- Kevin J. Kooman – a partner with Patriot Financial Partners,
L.P., a private equity fund focused on investing in community
banks, thrifts and other financial service-related companies
- Michael T. Levy – President of Muirfield Insurance LLC of
Kentucky, a Lexington, KY based insurance brokerage firm
- James M. Parsons – Chief Financial Officer of Ball Homes, LLC,
a residential real estate development firm headquartered in
Lexington, KY
- Bradford T. Ray – Retired Chairman and CEO of Steel
Technologies, Inc., a steel processor
- Dr. Edmond J. Seifried – Principal of S&B West LLC, a
community bank consulting center in Easton, PA, and Professor
Emeritus at Lafayette College in Easton, PA
- John T. Taylor – President and CEO of Limestone Bancorp, and
President, CEO and Chairman of Limestone Bank
Limestone Bancorp also announced today that its Board of
Directors declared a quarterly cash dividend of $0.05 per common
share. The dividend will be paid on July 1, 2022, to shareholders
of record as of June 17, 2022.
About Limestone Bancorp, Inc.
Limestone Bancorp, Inc. (NASDAQ: LMST) is a Louisville,
Kentucky-based bank holding company which operates banking centers
in 14 counties through its wholly-owned subsidiary Limestone Bank.
The Bank’s markets include metropolitan Louisville in Jefferson
County and the surrounding counties of Bullitt and Henry and extend
south along the Interstate 65 corridor. The Bank serves south
central, southern, and western Kentucky from banking centers in
Barren, Butler, Daviess, Edmonson, Green, Hardin, Hart, Ohio, and
Warren counties. The Bank also has banking centers in Lexington,
Kentucky, the second largest city in the state, and Frankfort,
Kentucky, the state capital. Limestone Bank is a traditional
community bank with a wide range of personal and business banking
products and services.
Forward-Looking Statements
Statements 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: the impact and duration of the COVID-19 pandemic;
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 inflation and efforts to control it; 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. See Risk
Factors outlined in the Company's Form 10-K for the year ended
December 31, 2021 and Form 10Q for the quarter ended March 31,
2022.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220518005735/en/
John T. Taylor Chief Executive Officer (502) 499-4800
Limestone Bancorp (NASDAQ:LMST)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Limestone Bancorp (NASDAQ:LMST)
Gráfica de Acción Histórica
De May 2023 a May 2024