Despite a "relatively sound" banking industry and steady home prices in Kentucky, the recession is taking us along for the ride. That's what two of the state's leading economists told lawmakers on the state's banking committee Tuesday.The credit crisis, which fueled the country's financial meltdown, has not scorched Kentucky's banking industry."Community banks here in Kentucky have been extremely prudent in the application of their lending standards," University of Kentucky economist Donald Mullineaux told lawmakers. "They did not get engaged in the sub prime business at all.Mullineaux, who is a banking and finance professor at UK, testified that one out of every 14 banks in Kentucky is losing money. Nationwide, the problem increases to one out of every six banks.The typical Kentucky bank is more than three times as profitable as banks on a nationwide basis.There are around 200 banks in Kentucky, but none have failed. Still, the credit crisis is bleeding over into the rest of the economy everywhere, Kentucky included."Week by week I'm getting more pessimistic," Paul Coomes, a University of Louisville economics professor told the legislative panel. "Unemployment is rising. Employment growth has screeched to a halt.While jobs are scarce, with negative job growth the last couple of months, homes for sale are not.