HopFed Bancorp Inc. (HFBC, Financial) filed Quarterly Report for the period ended 2012-06-30.
Hopfed Bancorp, Inc has a market cap of $56.6 million; its shares were traded at around $7.55 with a P/E ratio of 11.8 and P/S ratio of 1. The dividend yield of Hopfed Bancorp, Inc stocks is 1.1%. Hopfed Bancorp, Inc had an annual average earning growth of 1.6% over the past 10 years.
Interest Income. For the six month periods ended June 30, 2012, and June 30, 2011, the Companys total interest income was $21.2 million and $23.6 million, respectively. As our loan demand has slowed down, the Company continues to have a greater dependency on investment income. The average balance of loans receivable declined from $585.6 million for the six months ended June 30, 2011, to $547.8 million for the six month period ended June 30, 2012. The ratio of average interest-earning assets to average interest-bearing liabilities increased from 107.49% for the six month period ended June 30, 2011, to 114.00% for the six month period ended June 30, 2012.
Average Balances, Yields and Interest Expenses. The table below summarizes the overall effect of changes in both interest rates and the average balances of interest earning assets and liabilities for the three-month periods ended June 30, 2012, and June 30, 2011. Yields on assets and cost of liabilities are derived by dividing income or expense by the average daily balances of interest earning assets and liabilities for the appropriate three-month periods.
Interest Income. For the three month periods ended June 30, 2012, and June 30, 2011, the Companys total interest income was $10.4 million and $11.8 million, respectively. As the Companys loan demand has slowed down, we continue to have a greater dependency on investment income. The average balance of loans receivable declined from $578.8 million for the three months ended June 30, 2011, to $544.1 million for the three month period ended June 30, 2012. The ratio of average interest-earning assets to average interest-bearing liabilities increased from 108.13% for the three months ended June 30, 2011, to 115.63% for the three months ended June 30, 2012.
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Hopfed Bancorp, Inc has a market cap of $56.6 million; its shares were traded at around $7.55 with a P/E ratio of 11.8 and P/S ratio of 1. The dividend yield of Hopfed Bancorp, Inc stocks is 1.1%. Hopfed Bancorp, Inc had an annual average earning growth of 1.6% over the past 10 years.
Highlight of Business Operations:
Average Balances, Yields and Interest Expenses. The table below summarizes the overall effect of changes in both interest rates and the average balances of interest earning assets and liabilities for the six-month periods ended June 30, 2012, and June 30, 2011. Yields on assets and cost of liabilities are derived by dividing income or expense by the average daily balances of interest earning assets and liabilities for the appropriate three-month periods.Interest Income. For the six month periods ended June 30, 2012, and June 30, 2011, the Companys total interest income was $21.2 million and $23.6 million, respectively. As our loan demand has slowed down, the Company continues to have a greater dependency on investment income. The average balance of loans receivable declined from $585.6 million for the six months ended June 30, 2011, to $547.8 million for the six month period ended June 30, 2012. The ratio of average interest-earning assets to average interest-bearing liabilities increased from 107.49% for the six month period ended June 30, 2011, to 114.00% for the six month period ended June 30, 2012.
Average Balances, Yields and Interest Expenses. The table below summarizes the overall effect of changes in both interest rates and the average balances of interest earning assets and liabilities for the three-month periods ended June 30, 2012, and June 30, 2011. Yields on assets and cost of liabilities are derived by dividing income or expense by the average daily balances of interest earning assets and liabilities for the appropriate three-month periods.
Interest Income. For the three month periods ended June 30, 2012, and June 30, 2011, the Companys total interest income was $10.4 million and $11.8 million, respectively. As the Companys loan demand has slowed down, we continue to have a greater dependency on investment income. The average balance of loans receivable declined from $578.8 million for the three months ended June 30, 2011, to $544.1 million for the three month period ended June 30, 2012. The ratio of average interest-earning assets to average interest-bearing liabilities increased from 108.13% for the three months ended June 30, 2011, to 115.63% for the three months ended June 30, 2012.
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