HopFed Bancorp, Inc. Reports Third Quarter EPS of $.21

HopFed Bancorp, Inc. HFBC today reported results for the three and nine month periods ended September 30, 2010. For the three month period ended September 30, 2010, net income available to common shareholders was $1,508,000 or $0.21 per share basic and diluted compared to a net loss of $2,875,000, or $0.80 per share basic and diluted, for the three month period ended September 30, 2009. For the nine month period ended September 30, 2010, net income available to common shareholders was $4,928,000, or $1.01 per share basic and diluted as compared to a net loss of $1,009,000, or $0.28 per share basic and diluted for the nine month period ended September 30, 2009. Income results for the three and nine month periods ended September 30, 2009, were adversely affected by a $5.0 million goodwill impairment charge. The impairment charge reduced the Company's net income by $3.3 million or $0.92 per share basic and diluted, for the three and nine month periods ended September 30, 2009.