Exhibit 99.1

    Porter Bancorp, Inc. Declares Cash Dividend of $0.20 Per Share


    LOUISVILLE, Ky.--(BUSINESS WIRE)--May 18, 2007--Porter Bancorp,
Inc. (NASDAQ: PBIB), parent company of PBI Bank, announced today that
its Board of Directors declared a cash dividend of $0.20 per share.
The dividend will be payable on July 2, 2007, to shareholders of
record as of June 15, 2007.

    Porter Bancorp, Inc. is a bank holding company headquartered in
Louisville, Kentucky and the seventh largest independent banking
organization domiciled in the Commonwealth of Kentucky based on total
assets. Through our subsidiary PBI Bank, we operate banking offices in
Louisville and 12 other Kentucky communities located along central
Kentucky's Interstate 65 corridor, which runs through Louisville and
central Kentucky and connects Chicago and Indianapolis to Nashville
and Atlanta. Porter Bancorp's common stock is traded on the Nasdaq
Global Market under the symbol "PBIB."

    PBIB-F PBIB-G


    CONTACT: Porter Bancorp, Inc.
             Maria L. Bouvette, President and CEO, 502-499-4800