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): April 22, 2005

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)

(270) 885-1171

Registrant’s telephone number, including area code

NOT APPLICABLE

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

On April 22, 2005, the Registrant announced its results of operations for the quarter ended March 31, 2005. A copy of the related press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits. The exhibit listed in the exhibit index is furnished pursuant to Item 2.02 as part of this Current Report on Form 8-K and is not to be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section.

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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: April 22, 2005	By:	/s/ John E. Peck
		John E. Peck
		President and Chief Executive Officer

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EXHIBIT INDEX

Exhibit Number
99.1	Press Release dated April 22, 2005, issued by the Registrant.

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EX-99.1

Exhibit 99.1

NEWS

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

HOPFED BANCORP, INC. REPORTS FIRST QUARTER RESULTS

HOPKINSVILLE, Ky. (April 22, 2005) – HopFed Bancorp, Inc. (NASDAQ: HFBC) (the “Company”) today reported results for the first quarter ended March 31, 2005. Net income for the first quarter ended March 31, 2005, was $993,000, or $0.27 per share, compared with net income of $947,000, or $0.26 per share, for the first quarter in 2004.

Commenting on the first quarter results, John E. Peck, president and chief executive officer, said, “The Company’s non-interest income growth is impressive as our new deposit and investment products are being well received by our customers. For the quarter ended March 31, 2005, non-interest income was $968,000, an increase of $176,000 over the same period in 2004. The increase in non-interest income was primarily the result of a $149,000 increase in service charge income. Other fee income increased by $215,000 over the same period last year due to improved operating results from subsidiary insurance and investment service activities. The Company continues to focus on growing its demand deposit account base in an effort to lower its cost of funds. Loan growth is strong, with commercial lending leading the way.

“In addition, at March 31, 2005, total assets increased to $582.1 million compared with $579.7 million at December 31, 2004; deposits increased to $438.2 million compared with $436.2 million at December 31, 2004; while net loans increased to $361.2 million compared with $356.8 million at December 31, 2004.”

HopFed Bancorp, Inc. is the 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.

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HFBC Announces First Quarter Results

Page 2

April 28, 2005

HOPFED BANCORP, INC.

ARTICLE I Selected Financial Data

(In thousands, except per share data)

ARTICLE II

	Three Months Ended March 31,
	2005		2004
Earnings Summary
Interest income on loans	$	5,000	$	4,720
Interest income on taxable investments		1,607		1,326
Interest income on non taxable investments		208		242
Interest income on time deposits		10		6
Total interest income		6,825		6,294
Interest expense on deposits		2,569		2,429
Interest expense on subordinated debentures		167		110
Interest expense on FHLB advances		682		426
Total interest expense		3,418		2,965
Net interest income		3,407		3,329
Provision for loan losses		300		300
Net interest income after provision for loan losses		3,107		3,029
Non-interest income:
Gain on sale of assets		4		—
Gain on sale of investments		—		171
Gain on sale of loans		11		32
Service charges		530		381
Other		423		208
Total non-interest income		968		792
Non-interest expense:
Salaries and benefits		1,433		1,256
Intangible amortization		95		95
Occupancy expense		224		169
Data processing		281		198
State deposit taxes		108		116
Loss on sale of fixed assets		—		7
Other operating expenses		523		555
Total non-interest expense		2,664		2,396
Net income before income taxes		1,411		1,425
Federal income tax expense		418		478
Net income	$	993	$	947

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HFBC Announces First Quarter Results

Page 3

April 28, 2005

ARTICLE III

	Three Months Ended March 31,
	2005		2004
Earnings per share - basic	$	0.27	$	0.26
Earnings per share - diluted	$	0.27	$	0.26
Dividend per share	$	0.12	$	0.12
Weighted average shares outstanding – Basic		3,639,283		3,630,396
Weighted average shares outstanding – Diluted		3,667,361		3,661,397

ARTICLE IV

	As of
	March 31, 2005			December 31, 2004
Total assets	$	582,131		$	579,731
Loans receivable, gross		364,607			360,098
Securities available for sale		153,039			158,181
Securities held to maturity		22,732			22,768
Allowance for loan losses		3,423			3,273
Total deposits		438,239			436,195
Total borrowings		91,676			91,629
Stockholder’s equity		48,641			49,373
Book value		13.37			13.58
Allowance for loan loss as a percent of gross loans		0.94	%		0.91	%
Non performing assets as a percent of assets		0.12	%		0.13	%
Nonaccrual and 90 days or more past due loan as a percent of gross loans		0.15	%		0.18	%

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