Exhibit 99.1

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

HOPFED BANCORP, INC. REPORTS SECOND QUARTER RESULTS

HOPKINSVILLE, Ky. (July 26, 2012) – HopFed Bancorp, Inc. (NASDAQ: HFBC) (the “Company”), the holding company for Heritage Bank (the “Bank”), today reported results for the three and six month periods ended June 30, 2012. For the three month period ended June 30, 2012, the Company’s net income available to common shareholders was $903,000, or $0.12 per share, basic and diluted, compared to net income available to common shareholders of $550,000, or $0.07 per share basic and diluted, for the three month period ended June 30, 2011. For the six month period ended June 30, 2012, the Company’s net income available to common shareholders was $1.4 million, or $0.18 per share, basic and diluted, compared to a net loss attributable to common shareholders of $1.5 million, or ($0.21) per share basic and diluted, for the six month period ended June 30, 2011.

Commenting on the second quarter results, John E. Peck, President and Chief Executive Officer, said, “The Company’s operating results improved modestly during the three month period ended June 30, 2012, as compared to the three months period ended March 31, 2012, and June 30, 2011, due to an increase in gains on the sales of securities and lower provision for loan loss expenses. Slight improvements in our local economy are tempered by drought concerns for our area farmers. At June 30, 2012, the Company had $90.1 million in loans classified as substandard and $297,000 in loans classified as doubtful as compared to $47.5 million classified as substandard and $1.7 million classified as doubtful at December 31, 2012. The Company’s main focus for the second half of 2012 will be to reduce its level of adversely classified assets.”

Mr. Peck concluded, “The Company continues to improve its deposit mix as we reduce our level of time deposit funding. At June 30, 2012, time deposits account for 62.0% of total deposits, compared to 68.1% at June 30, 2011. Total brokered deposits are $51.2 million, or 6.51% of deposits, compared to $80.0 million at June 30, 2011. In the second half of 2012, the Company will experience an increase in the amount of liabilities that mature, offering the opportunity to further reduce our interest expense.”

Financial Highlights

• The Company and Bank’s capital ratios continue to strengthen. At June 30, 2012, the Company’s tangible book value was $13.60 and our tangible common equity ratio is 10.14%. The Bank’s tier 1 capital and total risk based capital ratios at June 30, 2012, are 10.47% and 19.12%, respectively. The Company’s tier 1 capital and total risk based capital ratios are 11.89% and 21.77%, respectively.

• At June 30, 2012, the Company’s and Bank’s net classified asset to risk based capital ratios were 76.1% and 87.6%, respectively. At December 31, 2011, these ratios were 43.0% for the Company and 49.9% for the Bank. As compared to March 31, 2012, total classified assets increased by $8.8 million. The increase in classified assets consisted of a $5.0 million increase in loans secured by farmland, a $3.2 million increase in land development loans, a $2.4 million increase in multi-family loans and a $1.7 million increase in commercial real estate loans.

• At June 30, 2012, the Company’s allowance for loan loss totaled $10.6 million, or 1.92% of total loans and 87.23% of non-accrual loans. In the six month period ended June 30, 2012, the Company’s net charge offs totaled $2.2 million, or an annualized rate of 0.79% of average loans.

• For the three month period ended June 30, 2012, the Company’s net interest margin was 2.87%, as compared to 3.06% for the three month period ended June 30, 2011, and 2.97% for the three month period ended March 31, 2012. The Company’s net interest margin continues to decline as outstanding loan balances decline and higher yielding investments continued to be called.

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HFBC Reports Second Quarter Results

Page 2

July 26, 2012

Asset Quality

At June 30, 2012, the Company’s level of non-accrual loans totaled $12.1 million, as compared to $6.1 million at December 31, 2011. The increase in non-accrual loans is largely the result of two land development loans totaling $3.2 million and three non-residential real estate loans totaling $3.6 million being placed into non-accrual status.

A summary of non-accrual loans at June 30, 2012, and December 31, 2011, is as follows:

	6/30/2012		12/31/2011
	(Dollars in Thousands)
One-to-four family first mortgages		2,577		2,074
Home equity lines of credit		91		134
Junior liens		104		101
Multi-family		190		—
Construction		—		—
Land		4,290		1,330
Non-residential real estate		4,000		2,231
Farmland		727		—
Consumer loans		16		9
Commercial loans		121		254
Total non-accrual loans		12,116		6,133

A summary of the level of classified loans at June 30, 2012, is as follows:

			Special		Impaired Loans						Specific Reserve for		Reserve for Performing
June 30, 2012	Pass		Mention		Substandard		Doubful		Total		Impairment		Loans
	(Dollars in Thousands)
One-to-four family mortgages		156,113		2,251		9,253		—		167,617		698		1,738
Home equity line of credit		35,480		1,542		1,072		91		38,185		37		348
Junior liens		4,624		453		485		—		5,562		—		47
Multi-family		19,610		4,719		8,276		—		32,605		666		494
Construction		11,298		—		3,974		—		15,272		—		138
Land		13,714		7,764		28,425		—		49,903		1,205		842
Non-residential real estate		137,110		2,895		31,321		206		171,532		853		2,501
Consumer loans		14,151		28		225		—		14,404		57		234
Commercial loans		46,262		2,306		7,040		—		55,608		215		495
Total		438,362		21,958		90,071		297		550,688		3,731		6,837

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HFBC Reports Second Quarter Results

Page 3

July 26, 2012

At June 30, 2012, non-accrual loans plus other real estate owned totaled $13.5 million, or 1.31% of total assets, as compared to $8.4 million, or 0.81% of total assets, at December 31, 2011. The Company’s level of other real estate owned has declined from $2.3 million at December 31, 2011, to $1.3 million at June 30, 2012.

A summary of the activity in other real estate owned for the six month period ended June 30, 2012, is as follows:

			Activity During 2012
	Balance 12/31/2011		Foreclosures		Sales			Reduction in Values			Gain (Loss) on Sales			Balance 6/30/2012
	(Dollars in Thousands)
One-to-four family mortgages		480		451		(134	)		(104	)		14			707
Multi-family		905		—		(875	)		—			(30	)		—
Construction		465		—		(235	)		—			(14	)		216
Land		248		383		(141	)		(46	)		(19	)		425
Non-residential real estate		160		—		(140	)		(20	)		—			—
Consumer assets		9		—		(9	)		—			—			—
Total		2,267		834		(1,534	)		(170	)		(49	)		1,348

At June 30, 2012, the Company’s level of loans classified as substandard and doubtful were $94.7 million and $300,000, respectively, as compared to $47.5 million and $1.7 million, respectively, at December 31, 2011. The Company’s specific reserve for impaired loans was $3.7 million at June 30, 2012, and $4.1 million at December 31, 2011, respectively.

At June 30, 2012, the Company’s level of performing Troubled Debt Restructurings (“TDRs”) was $9.6 million, as compared to $6.2 million at December 31, 2011. A summary of the activity in loans classified as TDRs for the six month period ended June 30, 2012, is as follows:

	Balance at December 31, 2011		New TDR		Loss or Foreclosure		Removed due to performance		Balance at June 30,  2012
					(Dollars in Thousands)
One-to-four family mortgages		1,111		100		—		705		506
Home equity line of credit		—		244		—		37		207
Junior Lien		757		—		—		757		—
Multi-family		—		239		—		1		238
Construction		—		—		—		—		—
Land		941		4,850		7		934		4,850
Farmland		—		956		—		—		956
Non-residential real estate		3,366		—		253		589		2,524
Consumer loans		32		75		—		97		10
Commercial loans		20		931		—		570		381
Total TDR		6,227		7,395		260		3,690		9,672

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HFBC Reports Second Quarter Results

Page 4

July 26, 2012

A summary of TDRs and non-performing TDRs at June 30, 2012, and December 31, 2011, is stated below:

	June 30, 2012			December 31, 2011
	(Dollars in Thousands)
One-to-four family mortgages	$	2,084			2,521
Home equity line of credit	$	207			—
Junior lien		—			857
Multi-family		238			—
Construction		—			—
Land		7,175			941
Non-residential real estate		3,214			3,367
Farmland		956			—
Consumer loans		10			33
Commercial loans		381			125
Total TDR	$	14,265			7,844
Less:
TDR in non-accrual status
One-to-four family mortgages		(1,578	)		(1,410	)
Home equity line of credit		—			—
Junior lien		—			(100	)
Multi-family		—			—
Construction		—			—
Land		(2,325	)		—
Non-residential real estate		(690	)		(1	)
Consumer loans		—			(1	)
Commercial loans		—			(105	)
Total performing TDR	$	9,672		$	6,227

Net Interest Income

For the three month period ended June 30, 2012, the Company’s net interest income was $6.7 million, compared to $7.0 million for the three month period ended June 30, 2011, and $6.9 million for the three month period ended March 31, 2012.

For the three month period ended June 30, 2012, the Company’s net interest margin was 2.87%, as compared to 3.06% for the three month period ended June 30, 2011, and 2.98% for the three month period ended March 31, 2012.

For the six month period ended June 30, 2012, the Company’s net interest income was $13.5 million, as compared to $13.8 million for the six month period ended June 30, 2011. For the six month period ended June 30, 2012, the Company’s net interest margin was 2.93%, as compared to 3.00% for the six month period ended June 30, 2011.

The decline in the Company’s net interest income and net interest margin is largely to result of declining average loan balances and an increasingly high level of cash flow from our investment portfolio, resulting in an increase in premium amortizations and the reinvestment of funds at less attractive yields. During the first of 2012, assets have declined and re-priced more quickly than deposits. In the second half of 2012, the Company will experience an increase in the amount of time deposits maturing at rates that are significantly higher than current market rates. Given the poor climate for reinvesting excess funds, management anticipates that our currently pricing strategy may result in further reductions in both time and brokered deposits. Management will fund the reduction in assets by selling investment securities.

Non-interest Income

Non-interest income for the three month period ended June 30, 2012, was $2.6 million, as compared to $2.1 million for the three month periods ended June 30, 2011, and $1.9 million for the three month period ended March 31, 2012, respectively.

Non-interest income for the six month periods ended June 30, 2012, and June 30, 2011, was $4.6 million and $4.5 million, respectively.

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HFBC Reports Second Quarter Results

Page 5

July 26, 2012

The increase in non-interest income for the three month period ended June 30, 2012, as compared to the three month periods ended June 30, 2011, and March 31, 2012, was primarily the result of an increase in gains on the sale of securities. The Company recognized net gains on the sale of securities of $630,000, $329,000 and $44,000 for the three month periods ended June 30, 2012, June 30, 2011, and March 31, 2012, respectively. In the three month period ended June 30, 2012, the sale of securities and resulting gains were utilized to fund the reduction in higher costing time and brokered deposits.

For the three and six month periods ended June 30, 2012, the Company’s revenue related to the origination and sale of fixed rate mortgage loans was $263,000 and $466,000, respectively, as compared to $58,000 and $130,000 for the same periods in 2011. The Company has experienced an increase in the amount of refinancing activity on single family homes as long term interest rates have reached historic lows.

Non-interest Expense

Non-interest expenses were $7.4 million, $7.4 million and $7.1 million for the three month periods ended June 30, 2012, June 30, 2011, and March 31, 2012, respectively. For the six months ended June 30, 2012, and June 30, 2011, non-interest expenses were $14.5 million and $14.9 million, respectively.

On a linked quarter basis, professional services expenses increased by $110,000, deposit and examination fees increased by $130,000 and other operating expenses increased by $200,000. The increase in other operating expenses is the result of expenses related to the Company’s annual meeting and reporting requirements as well as increases in training expenses. No other operating expense item increased by more than $100,000 from March 31, 2012, to June 30, 2012.

For the three and six month periods ended June 30, 2012, and June 30, 2011, the decline in the Company’s losses on other real estate owned has largely been offset by increases in salaries and benefits and other operating expenses.

Balance Sheet

Total assets were $1.03 billion at June 30, 2012, a decrease of $14.7 million as compared to December 31, 2011. The decline in assets is largely the result of a $32.6 million reduction in time deposit balances. The reduction in time deposits included a $7.1 million decline in brokered deposits.

For the six month period ended June 30, 2012, gross loans declined by approximately $16.7 million, to $550.9 million as compared to $567.6 million at December 31, 2011. In the Company’s market area, desirable lending opportunities remained limited at this time, making meaningful loan growth challenging.

The Company

HopFed Bancorp, Inc. is the holding company for Heritage Bank headquartered in Hopkinsville, Kentucky. The Bank has eighteen offices in western Kentucky and middle Tennessee in addition to its subsidiary, Fall & Fall Insurance of Fulton, Kentucky. The Company has two additional operating divisions including Heritage Solutions of Murray, Kentucky, Hopkinsville, Kentucky, Kingston Springs, Tennessee and Pleasant View, Tennessee, which offers a broad line of financial services. Heritage Mortgage Services of Clarksville, Tennessee offers long term fixed rate 1- 4 family mortgages loans that are sold into the secondary market in all communities in the Company’s general market area. 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.

Forward-Looking Information

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 Reports Second Quarter Results

Page 6

July 26, 2012

HOPFED BANCORP, INC.

Balance Sheet

(Dollars in thousands)

	June 30, 2012		December 31, 2011
	(Unaudited)
Assets
Cash and due from banks	$	37,300		44,389
Interest-earning deposits in Federal Home Loan Bank		7,433		4,371
Cash and cash equivalents		44,733		48,760
Federal Home Loan Bank stock, at cost		4,428		4,428
Securities available for sale		391,782		383,782
Loans held for sale		130		—
Loans receivable, net of allowance for loan losses of $10,568 at June 30, 2012, and $11,262 at December 31, 2011		540,303		556,360
Accrued interest receivable		5,374		6,183
Real estate and other assets owned		1,348		2,267
Bank owned life insurance		9,293		9,135
Premises and equipment, net		22,935		23,431
Deferred tax assets		—		1,132
Intangible asset		389		519
Other assets		5,371		4,823
Total assets	$	1,026,086		1,040,820
Liabilities and Stockholders’ Equity
Liabilities:
Deposits:
Non-interest-bearing accounts	$	83,938		79,550
Interest-bearing accounts
NOW accounts		139,614		130,114
Savings and money market accounts		74,946		70,443
Other time deposits		487,411		519,988
Total deposits		785,909		800,095
Advances from Federal Home Loan Bank		64,484		63,319
Repurchase agreements		37,732		43,080
Subordinated debentures		10,310		10,310
Advances from borrowers for taxes and insurance		547		153
Dividends payable		179		176
Accrued expenses and other liabilities		5,539		5,204
Total liabilities		904,700		922,337

This information is preliminary and based on company data available at the time of the presentation.

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HFBC Reports Second Quarter Results

Page 7

July 26, 2012

HOPFED BANCORP, INC.

Balance Sheet

(Dollars in thousands)

	June 30, 2012			December 31, 2011
	(Unaudited)
Stockholders’ equity
Preferred stock, par value $0.01 per share; authorized - 500,000 shares; 18,400 shares issued and outstanding with a liquidation preference of $18,400,000 at June 30, 2012, and December 31, 2011		—			—
Common stock, par value $.01 per share; authorized 15,000,000 shares; 7,905,728 issued and 7,502,812 outstanding at June 30, 2012, and 7,895,336 issued and 7,492,420 outstanding at December 31, 2011 (a)		79			79
Common stock warrants (253,666 issued and outstanding) (a)		556			556
Additional paid-in-capital		76,077			75,967
Retained earnings-substantially restricted		40,662			39,591
Treasury stock (at cost, 402,916 shares at June 30, 2012, and December 31, 2011)		(5,076	)		(5,076	)
Accumulated other comprehensive income, net of taxes		9,088			7,366
Total stockholders’ equity		121,386			118,483
Total liabilities and stockholders’ equity	$	1,026,086			1,040,820

^(a)  Shares and warrants have been restated to reflect stock dividends distributed through October 18, 2011

This information is preliminary and based on company data available at the time of the presentation.

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HFBC Reports Second Quarter Results

Page 8

July 26, 2012

HOPFED BANCORP, INC.

Selected Financial Data

(Dollars in thousands)

	For the Three Month Periods Ended June 30,				For the Six Month Periods Ended June 30,
	2012		2011		2012		2011
Interest and dividend income:
Loans receivable		7,413		8,440		15,214		16,922
Investment in securities, taxable		2,434		2,732		4,809		5,422
Nontaxable securities available for sale		547		590		1,122		1,201
Interest-earning deposits		6		4		14		8
Total interest and dividend income		10,400		11,766		21,159		23,553
Interest expense:
Deposits		2,755		3,731		5,639		7,636
Advances from Federal Home Loan Bank		565		627		1,138		1,321
Repurchase agreements		237		225		485		430
Subordinated debentures		181		180		368		365
Total interest expense		3,738		4,763		7,630		9,752
Net interest income		6,662		7,003		13,529		13,801
Provision for loan losses		400		452		1,269		4,970
Net interest income after provision for loan losses		6,262		6,551		12,260		8,831
Non-interest income:
Service charges		973		952		1,911		1,808
Merchant card income		212		195		408		377
Mortgage origination revenue		263		58		466		130
Gain on sale of securities		630		329		674		1,050
Other than temporarily impairment on available for sale securities		—		—		—		(14	)
Income from bank owned life insurance		79		76		158		165
Financial services commission		271		232		498		419
Other operating income		211		276		441		548
Total non-interest income		2,639		2,118		4,556		4,483

This information is preliminary and based on company data available at the time of the presentation.

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HFBC Reports Second Quarter Results

Page 9

July 26, 2012

HOPFED BANCORP, INC.

Selected Financial Data

(Dollars in thousands, except share and per share data)

	For the Three Month Periods Ended June 30,				For the Six Month Periods Ended June 30,
	2012		2011		2012		2011
Non-interest expenses:
Salaries and benefits		3,561		3,352		7,068		6,678
Occupancy expense		884		797		1,739		1,585
Data processing expense		627		716		1,252		1,403
State deposit tax		162		157		324		325
Intangible amortization expense		65		81		130		162
Professional services expense		498		378		886		693
Deposit insurance and examination expense		549		567		853		1,159
Advertising expense		209		328		628		607
Postage and communications expense		157		133		298		281
Supplies expense		105		102		216		198
Loss on disposal of equipment		2		2		8		140
Loss on sale of real estate owned		72		563		219		1,072
Real estate owned expenses		25		127		71		200
Other operating expenses		523		133		846		382
Total non-interest expense		7,439		7,436		14,538		14,885
Income before income tax expense		1,462		1,233		2,278		(1,571	)
Income tax expense		300		426		389		(534	)
Net income		1,162		807		1,889		(1,037	)
Less:
Dividend on preferred shares		231		229		460		456
Accretion dividend on preferred shares		28		28		56		55
Net income available to common shareholders	$	903	$	550	$	1,373	($	1,548	)
Net income available to common shareholders
Per share, basic	$	0.12	$	0.07	$	0.18	($	0.21	)
Per share, diluted	$	0.12	$	0.07	$	0.18	($	0.21	)
Dividend per share	$	0.02	$	0.08	$	0.04	$	0.16
Weighted average shares outstanding - basic (a)		7,485,283		7,467,438		7,484,498		7,465,539
Weighted average shares outstanding - diluted (a)		7,485,283		7,467,438		7,484,498		7,465,539

This information is preliminary and based on company data available at the time of the presentation.

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HFBC Reports Second Quarter Results

Page 10

July 26, 2012

HOPFED BANCORP, INC.

Selected Financial Data

(Dollars in thousands

	For the Three Months Ended
	6/30/2012		3/31/2012		Change from Prior Quarter
Interest and dividend income:
Loans receivable		7,413		7,801		(388	)
Investment in securities, taxable		2,434		2,375		59
Nontaxable securities available for sale		547		575		(28	)
Interest-earning deposits		6		8		1
Total interest and dividend income		10,400		10,759		(356	)
Interest expense:
Deposits		2,755		2,884		(129	)
Advances from Federal Home Loan Bank		565		573		(8	)
Repurchase agreements		237		248		(11	)
Subordinated debentures		181		187		(6	)
Total interest expense		3,738		3,892		(154	)
Net interest income		6,662		6,867		(205	)
Provision for loan losses		400		869		(469	)
Net interest income after provision for loan losses		6,262		5,998		264
Non-interest income:
Service charges		973		938		35
Merchant card income		212		196		16
Mortgage origination revenue		263		203		60
Gain on sale of securities		630		44		586
Income from bank owned life insurance		79		79		0
Financial services commission		271		227		44
Other operating income		211		230		(19	)
Total non-interest income		2,639		1,917		722

This information is preliminary and based on company data available at the time of the presentation

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HFBC Reports Second Quarter Results

Page 11

July 26, 2012

HOPFED BANCORP, INC.

Selected Financial Data

(Dollars in thousands, except share and per share data)

	For the Three Months Ended
	6/30/2012		3/31/2012		Change from Prior Quarter
Non-interest expenses:
Salaries and benefits	$	3,561		3,507		54
Occupancy expense		884		855		29
Data processing expense		627		625		2
State deposit tax		162		162		0
Intangible amortization expense		65		65		—
Professional services expense		498		388		110
Deposit insurance and examination expense		549		419		130
Advertising expense		209		304		—
Postage and communications expense		157		141		16
Supplies expense		105		111		(6	)
Loss on disposal of equipment		2		6		(6	)
Loss on sale of real estate owned		72		147		(75	)
Real estate owned expenses		25		46		(21	)
Other operating expenses		523		323		200
Total non-interest expense		7,439		7,099		340
Income before income tax expense		1,462		816		646
Income tax expense		300		89		211
Net income		1,162		727		435
Less:
Dividend on preferred shares		231		229		2
Accretion dividend on preferred shares		28		28		—
Net income (loss) available (attributable) to common stockholders	$	903		470		433
Net income (loss) available (attributable) to common stockholders
Per share, basic	$	0.12	$	0.06		0.06
Per share, diluted	$	0.12	$	0.06		0.06
Dividend per share	$	0.02	$	0.02

This information is preliminary and based on company data available at the time of the presentation.

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HFBC Reports Second Quarter Results

Page 12

July 26, 2012

HOPFED BANCORP, INC.

Selected Financial Data

The table below adjusts tax-free investment income for the six month periods ended June 30, 2012, and June 30, 2011, by $533,000 and $560,000, respectively; for a tax equivalent rate using a cost of funds rate of 1.80% for the six month period ended June 30, 2012, and 2.20% for the six month period ended June 30, 2011. The table adjusts tax-free loan income by $5,000 for six month period ended June 30, 2012, and $17,000 for the six month period ended June 30, 2011, for a tax equivalent rate using the same cost of funds rate:

	Average Balance 6/30/2012		Income and Expense 6/30/2012			Average Rates 6/30/2012			Average Balance 6/30/2011		Income and Expense 6/30/2011			Average Rates 6/30/2011
	(Table Amounts in Thousands, Except Percentages)
Loans	$	547,815		15,219			5.56	%	$	585,625		16,939			5.78	%
Investments AFS taxable		329,809		4,809			2.92	%		296,122		5,422			3.66	%
Investment AFS tax free		66,852		1,655			4.95	%		67,978		1,761			5.18	%
Federal funds		14,762		14			0.19	%		8,471		8			0.19	%
Total interest earning assets		959,238		21,697			4.52	%		958,196		24,130			5.04	%
Other assets		89,115								118,070
Total assets	$	1,048,353							$	1,076,266
Retail time deposits		451,622		4,459			1.97	%		472,620		5,703			2.41	%
Brokered deposits		54,265		510			1.88	%		87,992		971			2.21	%
Saving & MMDA		73,453		66			0.18	%		66,685		116			0.35	%
Now accounts		147,336		604			0.82	%		140,370		847			1.21	%
FHLB borrowings		62,537		1,138			3.64	%		73,564		1,321			3.59	%
Repurchase agreements		41,915		485			2.31	%		39,852		430			2.16	%
Subordinated debentures		10,310		368			7.14	%		10,310		365			7.08	%
Total interest bearing liabilities		841,438		7,630			1.81	%		891,393		9,753			2.19	%
Non-interest bearing deposits		82,153								67,313
Other liabilities		5,212								5,196
Stockholders’ equity		119,550								112,364
Total liabilities and stockholders’ equity	$	1,048,353							$	1,076,266
Net change in interest earning assets and interest bearing liabilities				14,067			2.71	%				14,377			2.85	%
Net interest margin				2.93	%							3.00	%

This information is preliminary and based on company data available at the time of the presentation.

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HFBC Reports Second Quarter Results

Page 13

July 26, 2012

HOPFED BANCORP, INC.

Selected Financial Data

The table below adjusts tax-free investment income for the three month periods ended June 30, 2012, and June 30, 2011, by $260,000 and $275,000, respectively; for a tax equivalent rate using a cost of funds rate of 1.80% for the three month period ended June 30, 2012, and 2.20% for the three month period ended June 30, 2011. The table adjusts tax-free loan income by $3,000 for three month period ended June 30, 2012 and $9,000 for the three month period ended June 30, 2011, for a tax equivalent rate using the same cost of funds rate:

	Average Balance 6/30/2012		Income and Expense 6/30/2012			Average Rates 6/30/2012			Average Balance 6/30/2011		Income and Expense 6/30/2011			Average Rates 6/30/2011
	(Table Amounts in Thousands, Except Percentages)
Loans	$	544,056		7,416			5.45	%	$	578,815		8,449			5.84	%
Investments AFS taxable		339,125		2,434			2.87	%		299,228		2,732			3.65	%
Investment AFS tax free		68,035		807			4.74	%		68,580		865			5.05	%
Federal funds		13,632		6			0.18	%		7,062		4			0.23	%
Total interest earning assets		964,848		10,663			4.42	%		953,685		12,050			5.05	%
Other assets		79,426								113,166
Total assets	$	1,044,274							$	1,066,851
Retail time deposits		445,784		2,186			1.96	%		474,583		2,808			2.37	%
Brokered deposits		51,185		226			1.77	%		83,626		455			2.18	%
Savings & MMDA		74,472		33			0.18	%		67,906		60			0.35	%
Now accounts		150,813		310			0.82	%		135,890		410			1.21	%
FHLB borrowings		62,105		565			3.64	%		70,595		627			3.55	%
Repurchase agreements		39,788		237			2.38	%		39,082		225			2.30	%
Subordinated debentures		10,310		181			7.02	%		10,310		180			6.98	%
Total interest bearing liabilities		834,457		3,738			1.79	%		881,992		4,765			2.16	%
Non-interest bearing deposits		83,803								67,906
Other liabilities		4,158								5,549
Stockholders’ equity		121,856								111,404
Total liabilities and stockholders’ equity	$	1,044,274							$	1,066,851
Net change in interest earning assets and interest bearing liabilities				6,925			2.63	%				7,285			2.89	%
Net yield on interest earning assets				2.87	%							3.06	%

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