Hopfed bancorp inc (HFBC)
Income statement / Quarterly
Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest and dividend income:
Loans

8,230

8,210

8,164

7,858

7,477

7,208

7,260

6,963

6,736

6,603

6,569

6,141

6,465

6,405

6,374

6,231

6,290

6,282

6,913

6,503

6,327

6,578

6,605

6,676

6,882

7,211

7,403

7,413

7,801

8,239

8,332

8,440

8,482

9,396

10,010

Investment in taxable securities available for sale

1,035

998

970

1,033

1,079

1,081

1,124

1,155

1,118

1,051

1,099

1,198

1,247

1,196

1,237

1,268

2,448

1,513

1,562

1,694

1,779

1,636

1,641

1,764

1,832

-

2,014

2,434

2,375

-

2,581

2,732

2,690

3,165

3,035

Securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

635

611

Nontaxable securities available for sale

195

187

189

208

213

218

233

280

283

289

326

340

353

384

398

416

453

492

514

531

544

543

544

547

585

571

573

547

575

530

532

590

611

-

-

Interest-bearing deposits

82

79

21

16

29

34

18

21

23

8

10

12

16

11

3

4

4

-

5

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest-earning deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

-

-

-

6

4

6

6

8

6

5

4

4

-

-

Interest-earning deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

7

-

-

-

-

-

-

-

-

-

-

-

Total interest and dividend income

9,542

9,474

9,344

9,115

8,798

8,541

8,635

8,419

8,160

7,951

8,004

7,691

8,081

7,996

8,012

7,919

9,195

8,294

8,994

8,734

8,658

8,763

8,795

8,994

9,305

9,685

9,996

10,400

10,759

11,237

11,450

11,766

11,787

13,196

13,656

Interest expense:
Deposits

2,137

1,946

1,694

1,392

1,244

1,240

1,206

1,197

1,167

1,094

1,044

1,007

1,095

1,280

1,246

1,245

1,260

1,290

1,354

1,488

1,471

1,510

1,622

1,936

2,046

2,292

2,640

2,755

2,884

3,028

3,543

3,731

3,905

4,313

4,501

FHLB borrowings

159

187

210

134

92

97

89

30

32

29

33

28

73

83

71

66

69

373

430

428

434

445

445

446

444

454

1,017

565

573

611

625

627

694

818

826

Repurchase agreements

302

223

188

171

154

117

130

119

103

87

139

139

143

123

130

118

120

152

228

245

249

237

245

230

242

242

236

237

248

241

238

225

205

213

204

Subordinated debentures

147

140

139

138

122

112

112

108

104

101

99

94

94

186

186

183

184

186

174

193

184

185

184

182

182

181

185

181

187

191

186

180

185

193

181

Total interest expense

2,745

2,496

2,231

1,835

1,612

1,566

1,537

1,454

1,406

1,311

1,315

1,268

1,405

1,672

1,633

1,612

1,633

2,001

2,186

2,354

2,338

2,377

2,496

2,794

2,914

3,169

4,078

3,738

3,892

4,071

4,592

4,763

4,989

5,537

5,712

Net interest income

6,797

6,978

7,113

7,280

7,186

6,975

7,098

6,965

6,754

6,640

6,689

6,423

6,676

6,324

6,379

6,307

7,562

6,293

6,808

6,380

6,320

6,386

6,299

6,200

6,391

6,516

5,918

6,662

6,867

7,166

6,858

7,003

6,798

7,659

7,944

Provision for loan losses

60

84

74

62

68

56

71

59

291

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

255

465

458

-

275

270

215

-1,500

-892

-261

380

396

426

406

376

500

506

400

869

476

475

452

4,518

1,332

858

Net interest income after provision for loan losses

6,737

6,894

7,039

7,218

7,118

6,919

7,027

6,906

6,463

6,577

6,434

5,958

6,218

6,033

6,104

6,037

7,347

7,793

7,700

6,641

5,940

5,990

5,873

5,794

6,015

6,016

5,412

6,262

5,998

6,690

6,383

6,551

2,280

6,327

7,086

Non-interest income:
Service charges

667

-

-

-

706

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,060

232

Other-than-temporary impairment losses on debt securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

511

-

-

-

-

-

-

141

0

0

14

-

-

Portion of losses recognized in other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111

-

-

-

-

-

-

-

-

-

-

-

-

Net impairment losses recognized in earnings (note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

400

-

-

-

-

-

-

-

-

-

-

-

-

Net impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

400

-

-

-

-

-

-

-

-

-

-

-

-

Service charges

-

-

-

-

-

-

-

-

804

-

719

698

677

741

750

720

714

849

879

848

778

931

949

937

853

966

963

973

938

985

1,020

952

856

953

1,036

Merchant card

299

325

316

330

308

306

299

315

302

311

308

314

291

288

286

286

270

275

265

276

259

256

245

259

223

222

212

212

196

197

194

195

182

180

179

Mortgage origination revenue

249

288

338

489

319

374

335

278

334

367

415

435

368

310

345

343

177

212

316

133

58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investments

-

-

5

481

-

-

162

14

-

-

-

52

291

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage origination revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

147

212

200

-

218

263

203

295

295

58

72

204

-

Gain on sale of securities

-

-

-

-

27

-

-

-

2

-

79

-

-

139

103

83

366

30

294

241

13

44

201

789

627

53

944

630

44

600

1,247

329

721

-

-

Income from bank owned life insurance

117

85

75

73

71

81

95

72

235

78

104

77

84

83

108

73

71

81

65

66

95

104

88

87

75

161

80

79

79

67

84

76

89

85

89

Income from financial services

173

178

184

177

138

117

134

145

140

159

131

191

133

146

186

194

159

-

363

168

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial services commission

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

206

-

314

347

297

293

280

271

227

203

272

232

187

293

286

Gain on sale of real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63

268

Other operating income

131

151

219

87

175

198

186

212

479

201

189

203

176

178

158

169

156

214

211

213

189

178

225

197

208

219

200

211

230

223

169

276

272

247

263

Total non-interest income

1,636

1,816

1,893

2,364

1,744

1,868

2,030

1,836

2,296

2,000

1,945

1,970

2,020

1,885

1,936

1,868

1,913

1,904

2,393

1,945

1,598

2,292

1,769

2,828

2,483

2,186

2,897

2,639

1,917

2,429

3,281

2,118

2,365

3,085

2,456

Non-interest expenses:
Salaries and benefits

4,044

3,697

4,134

4,116

4,117

3,917

3,919

3,977

4,236

3,754

3,757

3,901

3,988

3,662

3,960

4,004

4,184

3,854

3,881

3,692

3,795

3,436

3,735

3,714

3,848

3,464

3,447

3,561

3,507

3,279

3,309

3,352

3,326

3,186

3,207

Occupancy

734

698

785

747

782

700

716

729

775

775

810

801

787

799

788

752

738

719

781

808

909

870

878

882

845

917

875

884

855

817

867

797

788

795

767

Data processing

822

812

807

765

784

779

795

546

764

767

744

704

727

710

724

701

692

693

730

736

728

747

652

646

650

632

610

627

625

589

653

716

687

705

707

State deposit tax

215

212

158

160

169

170

169

200

231

247

248

247

248

-

260

251

-

-

346

398

-

149

143

147

142

-

161

162

162

151

151

157

168

162

160

Other state taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

248

-

-

-

246

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

16

16

16

16

33

32

32

33

48

49

49

48

65

65

64

65

81

81

81

98

Professional services

332

257

489

499

466

1,095

409

464

348

396

368

305

335

329

380

468

329

306

397

341

287

338

493

549

393

284

435

498

388

386

293

378

315

335

345

Advertising

248

229

329

338

308

365

240

368

381

334

376

371

320

319

337

340

306

318

368

341

314

303

292

308

333

405

324

324

304

304

324

328

279

262

271

Loss on sale of loan note

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

103

Foreclosure, net

20

37

20

21

-6

-80

-25

6

108

-

204

-

-

-

-

-

-

-

-29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Postage and communications

-

-

-

-

-

-

-

-

-

-

-

-

-

-

162

134

132

154

140

140

143

140

149

139

139

118

146

157

141

128

140

133

148

144

147

Supplies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

107

111

146

168

156

158

145

107

159

93

136

75

64

105

111

105

96

102

96

95

99

Deposit insurance and examination fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135

151

117

162

182

183

197

179

137

179

232

267

419

434

419

417

445

567

592

759

407

Loss on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-5

-2

-6

0

-5

-2

-138

-

-

Loss (gain) on real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

-741

7

-

-35

-102

-23

-147

54

-12

-35

21

-68

-72

-147

-61

-570

-563

-509

-

-

Foreclosure, net

-

-

-

-

-

-

-

-

-

-

-

201

68

-

202

67

137

-

-

92

130

216

78

32

76

33

19

25

46

60

16

127

73

36

87

Gain on sale of fixed assets

27

-

-1

-9

-

-

-

-3

-

-

72

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger

596

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

760

782

789

919

920

861

945

940

846

963

918

1,079

1,210

2,231

516

498

432

409

560

423

375

580

289

375

396

547

350

523

323

320

193

133

249

296

292

Total non-interest expense

7,744

6,724

7,512

7,574

7,540

7,806

7,168

7,233

7,689

7,211

7,353

7,609

7,683

7,188

7,553

8,234

7,470

11,582

7,563

7,447

7,324

7,256

6,984

7,124

7,274

6,932

6,971

7,439

7,099

6,681

7,127

7,436

7,449

6,856

6,587

Net income before income tax expense

629

1,986

1,420

2,008

1,322

981

1,889

1,509

1,070

1,366

1,026

319

555

730

487

-329

1,790

-

2,530

1,139

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

214

-

658

1,498

1,224

1,270

1,338

1,462

816

2,438

2,537

1,233

-2,804

2,556

2,955

Income tax expense

6

368

180

323

196

1,159

486

368

135

260

41

15

46

74

-23

-212

435

-424

577

-214

-140

-50

122

332

240

165

263

300

89

109

909

426

-960

788

884

Net income

623

1,618

1,240

1,685

1,126

-178

1,403

1,141

935

1,106

985

304

509

656

510

-117

1,355

-1,033

1,953

925

354

1,076

536

1,166

984

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,075

1,162

727

2,329

1,628

807

-1,844

1,768

2,071

Less: Dividend on preferred shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

318

229

231

229

232

232

229

227

232

229

Accretion dividend on preferred shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

139

27

28

28

28

28

28

27

28

28

Net income available for common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

648

819

903

470

2,069

1,368

550

-2,098

1,508

1,814

Earnings per share:
Basic

0.10

0.25

0.20

0.28

0.18

-0.02

0.22

0.18

0.15

0.18

0.16

0.05

0.08

0.12

0.08

-0.02

0.20

-0.15

0.27

0.13

0.05

0.14

0.07

0.16

0.13

0.09

0.11

0.12

0.06

0.28

0.18

0.07

-0.28

0.20

0.45

Diluted

0.10

0.25

0.20

0.28

0.18

-0.02

0.22

0.18

0.15

0.18

0.16

0.05

0.08

0.12

0.08

-0.02

0.20

-0.15

0.27

0.13

0.05

0.14

0.07

0.16

0.13

0.09

0.11

0.12

0.06

0.28

0.18

0.07

-0.28

0.20

0.45

Dividend per share

-

-

0.07

0.07

0.05

-

0.05

0.05

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.02

0.02

-

0.02

0.02

0.02

-

0.02

0.08

0.08

0.08

0.12

Weighted average shares outstanding - basic

6,277

-

-

-

6,188

-

-

-

6,218

-

6,212

-

6,297

5,971

6,359

6,425

6,732

7,165

7,265

7,376

7,416

7,473

7,483

7,488

7,488

7,488

7,487

7,485

7,484

7,427

7,481

7,467

7,465

7,416

4,016

Weighted average shares outstanding - diluted

6,277

-

-

-

6,188

-

-

-

6,218

-

6,212

-

6,297

5,971

6,359

6,425

6,732

7,165

7,265

7,376

7,416

7,473

7,483

7,488

7,488

7,488

7,487

7,485

7,484

7,427

7,481

7,467

7,465

7,416

4,018