Limestone Bank

Louisville, United States Founded: 1902 • Age: 124 yrs Acquired By Peoples Bancorp
Commercial banking services are offered in the United States.

About Limestone Bank

Limestone Bank is a company based in Louisville (United States) founded in 1902 was acquired by Peoples Bancorp in October 2022.. Limestone Bank has raised $51.21 million across 5 funding rounds from investors including Peoples Bank and Patriot Financial Partners. Limestone Bank offers products and services including Checking Accounts, Savings Accounts, Loans, and Credit Cards. Limestone Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.

  • Headquarter Louisville, United States
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Peoples Bank
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $51.21 M (USD)

    in 5 rounds

  • Latest Funding Round
    $14.95 M (USD), Series B

    Mar 30, 2018

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Peoples Bancorp

    (Oct 24, 2022)

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Products & Services of Limestone Bank

Limestone Bank offers a comprehensive portfolio of products and services, including Checking Accounts, Savings Accounts, Loans, and Credit Cards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Accounts for managing everyday transactions and payments securely.

Options for saving money with interest and easy access.

Financial products for personal and business borrowing needs.

Cards for purchases, rewards, and credit building purposes.

People of Limestone Bank
Headcount 200-500
Employee Profiles 6
Board Members and Advisors 2
Employee Profiles
People
John R. Davis
EVP, Chief Credit Officer,
People
Joseph C. Seiler
EVP, Head of Commercial Banking, Limestone Bank
People
Phillip W. Barnhouse
CFO
People
John T. Taylor
President & CEO

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Funding Insights of Limestone Bank

Limestone Bank has successfully raised a total of $51.21M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $14.95 million completed in March 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series B — $14.9M
  • First Round

    (12 Jul 2010)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Series B - Limestone Bank Valuation

investors

Apr, 2016 Amount Series B - Limestone Bank Valuation

investors

Apr, 2016 Amount Post-IPO - Limestone Bank Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Limestone Bank

Limestone Bank has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Peoples Bank and Patriot Financial Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are targeted at US companies.
Founded Year Domain Location
Peoples Bank is engaged in providing banking and financial services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Limestone Bank

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Limestone Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Limestone Bank Comparisons

Employees
+
Add Comparison
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Competitors of Limestone Bank

Limestone Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Diversified financial services are offered through commercial banking operations.
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Regional bank
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Diversified financial services are offered through commercial banking operations.
Company Name Domain Founded year HQ Location Description
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Limestone Bank

Frequently Asked Questions about Limestone Bank

When was Limestone Bank founded?

Limestone Bank was founded in 1902 and raised its 1st funding round 108 years after it was founded.

Where is Limestone Bank located?

Limestone Bank is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.

Who is the current CEO of Limestone Bank?

John Taylor is the current CEO of Limestone Bank.

Is Limestone Bank a funded company?

Limestone Bank is a funded company, having raised a total of $51.21M across 5 funding rounds to date. The company's 1st funding round was a Post-IPO of $5M, raised on Jul 12, 2010.

What does Limestone Bank do?

Limestone Bank was founded in 1902 and operates as a commercial bank based in Louisville, Kentucky, United States. Core operations include deposit accounts, lending, and financial services for businesses and individuals. The bank serves the regional market, with leadership provided by CEO and President John Taylor. Focus is placed on standard banking functions within the financial sector, supporting local economic activities.

Who are the top competitors of Limestone Bank?

Limestone Bank's top competitors include Truist, Investec and Citi.

What products or services does Limestone Bank offer?

Limestone Bank offers Checking Accounts, Savings Accounts, Loans, and Credit Cards.

Who are Limestone Bank's investors?

Limestone Bank has 2 investors. Key investors include Peoples Bank, and Patriot Financial Partners.

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