HopFed Bancorp, Inc. Reports Q4 EPS of $.08

HopFed Bancorp, Inc. HFBC, today reported results for the three and twelve month periods ended December 31, 2010. For the three month period ended December 31, 2010, net income available to common shareholders was $557,000, or $0.08 per share basic and diluted, compared to net income available to common shareholders of $1,953,000, or $0.55 per share basic and diluted, for the three month period ended December 31, 2009. For the twelve month period ended December 31, 2010, net income available to common shareholders was $5,485,000, or $0.98 per share basic and diluted, as compared to net income available to common shareholders of $944,000, or $0.26 per share basic and diluted, for the twelve month period ended December 31, 2009. Income results for the year ended December 31, 2009 were adversely affected by a $5.0 million goodwill impairment charge. The impairment charge reduced the Company's after-tax net income by $3.3 million or $0.92 per share basic and diluted, for the year ended December 31, 2009.