President's Letter

 

January 12, 2016

I would like to personally welcome you to our website and to Bank of Lexington.

In 2005, a group of investors made the decision to enter the banking marketplace in Lexington, Kentucky. These organizers believed that with their support and a management team of local experienced bankers, they could successfully compete with more established local banks and large out-of-state banks. They were able to put together an officer team that averaged 20 years of experience in the Lexington and Bluegrass area. They felt this local team could separate itself from its competitors by creating a neighbor-to-neighbor community bank atmosphere.

I am proud to report to you, since our February 2006 opening, Bank of Lexington has grown to over $245 million in assets and about $190 million in loans. Our total number of deposit accounts now exceeds 4,465 leading to a deposit base of $194 million. With three convenient full service locations, we are well positioned to serve the Lexington community.

Our strength is knowing our community and dealing one-on-one with our clients while structuring products to meet their needs. For those of you who are banking with us, we thank you. For those of you who are seeking a new bank which offers unique as well as traditional products, we look forward to meeting you. Our board of directors, officers and entire staff, would like to serve your banking needs.

Craig Dunn

President