8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 30, 2004

HOPFED BANCORP, INC.

(Exact name of registrant as specified in charter)

Delaware	0-23667	61-1322555
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
2700 Fort Campbell Boulevard, Hopkinsville, Kentucky		42240
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code:     (270) 885-1171    

Item 12. Results of Operations and Financial Condition

On January 30, 2004, the Registrant announced its results of operations for the quarter and fiscal year ended December 31, 2003. A copy of the related press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety.

The information furnished herein, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	HOPFED BANCORP, INC.
DATE: February 6, 2004	By:	/s/ John E. Peck
		John E. Peck     President and Chief Executive     Officer

EXHIBIT INDEX

Exhibit Number
99.1	Press Release, dated January 30, 2004, issued by the Registrant.

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE	CONTACT:	John E. Peck
		President and CEO (270) 885-1171

HOPFED BANCORP REPORTS FOURTH QUARTER RESULTS

HOPKINSVILLE, Ky. (January 30, 2004) – HopFed Bancorp, Inc. (NASDAQ: HFBC) today reported results for the fourth quarter and twelve-month period ended December 31, 2003. Net income for the fourth quarter ended December 31, 2003 was $949,000, or $0.26 per share, compared with net income of $967,000, or $0.26 per share for the fourth quarter ended December 31, 2002. Net income for the twelve- month period ended December 31, 2003 was $3,495,000, or $0.96 per share, compared to $4,594,000, or $1.26 per share, for the twelve-month period ended December 31, 2002.

Commenting on the fourth quarter results, John E. Peck, president and chief executive officer, said, “The Company’s quarterly earnings compared to the previous fourth quarter remained relatively stable despite lower non interest income levels due to the decline in fixed rate refinancing activity and an $85,000 increase in provision for loan loss in the fourth quarter of 2003 as compared to the fourth quarter of 2002. The Company’s loan loss allowance to total loan ratio increased from 0.50% at December 31, 2002 to 0.76% at December 31, 2003, despite loan growth of $42.6 million. Credit quality remains strong, as the Bank’s non-performing asset to total asset ratio was 0.27% at December 31, 2003, compared to 0.19% at December 31, 2002.

“At December 31, 2003, total assets increased to $531.5 million compared with $427.5 million at December 31, 2002; deposits increased to $417.5 million compared with $353.7 million at December 31, 2002; while net loans increased to $334.7 million compared with $292.1 million at December 31, 2002.”

HopFed Bancorp, Inc. is a holding company for Heritage Bank headquartered in Hopkinsville, Kentucky. The Bank has nine offices in western Kentucky as well as Fall & Fall Insurance of Fulton, Kentucky and Heritage Solutions of Murray, Kentucky. The Bank offers a broad line of banking and financial products and services with the personalized focus of a community banking organization. More information about HopFed Bancorp and Heritage Bank may be found on its website www.bankwithheritage.com.

Information contained in this press release, other than historical information, may be considered forward-looking in nature and is subject to various risk, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. Among the key factors that may have a direct bearing on the Company’s operating results, performance or financial condition are competition and the demand for the Company’s products and services, and other factors as set forth in filings with the Securities and Exchange Commission.

-MORE-

HFBC Announces Fourth-Quarter Results

Page 2

January 30, 2004

HOPFED BANCORP, INC.

Selected Financial Data

(In thousands, except per share data)

	Three Months Ended December 31,				Twelve Months Ended December 31,
	2003		2002		2003		2002
Earnings Summary:
Net interest income	$	3,332	$	2,788	$	12,444	$	10,622
Provision for loan losses		450		365		1,750		795
Non-interest income		615		795		3,418		2,312
Non-interest expense		2,176		1,776		9,043		5,199
Income before taxes		1,321		1,442		5,069		6,940
Income tax expense		372		475		1,574		2,346
Net income	$	949	$	967	$	3,495	$	4,594
Earnings per share:
Basic and diluted	$	0.26	$	0.26	$	0.96	$	1.26
Weighted average shares outstanding
Basic		3,630		3,630		3,630		3,630
Diluted		3,659		3,639		3,654		3,636

	As of Dec. 31, 2003		As of Dec. 31, 2002
Balance Sheet Data:
Total assets	$	531,469	$	427,502
Loans receivable, net		334,740		292,095
Total deposits		417,487		353,655
Shareholders’ equity		47,238		46,878
Book value per share	$	13.01	$	12.91

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