The Bank of Kentucky Financial Corporation Announces Repayment of TARP Investment

The Bank of Kentucky Financial Corporation BKYF announced today that it has repurchased the remaining $17 million of outstanding Fixed Rate Cumulative Perpetual Preferred Stock, Series A, issued in February 2009 to the U.S. Department of the Treasury under its TARP Capital Purchase Program. The Company previously repurchased $17 million in December of 2010 following a successful common equity offering in which the Company raised approximately $28.1 million in November of 2010.