Hopfed Bancorp (HFBC) Reports Q1 EPS of $0.15

Go back to Hopfed Bancorp (HFBC) Reports Q1 EPS of $0.15

HopFed Bancorp, Inc. Reports First Quarter Results

April 26, 2017 8:15 AM EDT

HOPKINSVILLE, Ky.--(BUSINESS WIRE)-- HopFed Bancorp, Inc. (NASDAQ: HFBC) (the Company), the holding company for Heritage Bank USA, Inc. (the Bank), today reported results for the three month period ended March 31, 2017. For the three month period ended March 31, 2017, the Companys net income was $935,000, or $0.15 per share basic and diluted, compared to $509,000, or $0.08 per share basic and diluted, for the three month period ended March 31, 2016.

Commenting on the first quarter results, John E. Peck, President and Chief Executive Officer, said, During the three month period ended March 31, 2017, net loan balances increased by $11.2 million, an... More