HopFed Bancorp Inc. (HFBC, Financial) filed Quarterly Report for the period ended 2012-09-30.
Hopfed Bancorp, Inc. has a market cap of $61.2 million; its shares were traded at around $8.05 with a P/E ratio of 14.3 and P/S ratio of 1.1. The dividend yield of Hopfed Bancorp, Inc. stocks is 1%. Hopfed Bancorp, Inc. had an annual average earning growth of 1.6% over the past 10 years.
Interest Income. For the nine month periods ended September 30, 2012, and September 30, 2011, the Companys total interest income was $31.2 million and $35.0 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 $579.9 million for the nine months ended September 30, 2011, to $545.5 million for the nine month period ended September 30, 2012. The ratio of average interest-earning assets to average interest-bearing liabilities increased from 107.89% for the nine month period ended September 30, 2011, to 114.66% for the nine month period ended September 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 September 30, 2012, and September 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 September 30, 2012, and September 30, 2011, the Companys total interest income was $10.0 million and $11.5 million, respectively. Loan demand remains weak and the Company has reduced the amount of investments available for sale to fund the decline in both FHLB loan balances and time deposits. The average balance of loans receivable declined from $568.6 million for the three months ended September 30, 2011, to $540.8 million for the three month period ended September 30, 2012. The ratio of average interest-earning assets to average interest-bearing liabilities increased from 108.63% for the three months ended September 30, 2011, to 115.65% for the three months ended September 30, 2012 as the Company reduced the average size of its balance sheet.
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Hopfed Bancorp, Inc. has a market cap of $61.2 million; its shares were traded at around $8.05 with a P/E ratio of 14.3 and P/S ratio of 1.1. The dividend yield of Hopfed Bancorp, Inc. stocks is 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 nine-month periods ended September 30, 2012, and September 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 nine-month periods.Interest Income. For the nine month periods ended September 30, 2012, and September 30, 2011, the Companys total interest income was $31.2 million and $35.0 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 $579.9 million for the nine months ended September 30, 2011, to $545.5 million for the nine month period ended September 30, 2012. The ratio of average interest-earning assets to average interest-bearing liabilities increased from 107.89% for the nine month period ended September 30, 2011, to 114.66% for the nine month period ended September 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 September 30, 2012, and September 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 September 30, 2012, and September 30, 2011, the Companys total interest income was $10.0 million and $11.5 million, respectively. Loan demand remains weak and the Company has reduced the amount of investments available for sale to fund the decline in both FHLB loan balances and time deposits. The average balance of loans receivable declined from $568.6 million for the three months ended September 30, 2011, to $540.8 million for the three month period ended September 30, 2012. The ratio of average interest-earning assets to average interest-bearing liabilities increased from 108.63% for the three months ended September 30, 2011, to 115.65% for the three months ended September 30, 2012 as the Company reduced the average size of its balance sheet.
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