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Investments in Affiliated Companies
12 Months Ended
Dec. 31, 2013
Equity Method Investments And Joint Ventures [Abstract]  
Investments in Affiliated Companies
(21) Investments in Affiliated Companies (Unaudited):

Investments in affiliated companies accounted for under the equity method consist of 100% of the common stock of HopFed Capital Trust I (the Trust), a wholly owned statutory business trust. The Trust was formed on September 25, 2003. Summary financial information for the HopFed Capital Trust 1 is as follows:

Summary Balance Sheets

 

     December. 31,
2013
     December. 31,
2012
 
  

 

 

    

 

 

 

Asset – investment in subordinated debentures issued by HopFed Bancorp, Inc.

   $ 10,310         10,310   
  

 

 

    

 

 

 

Liabilities

   $ —           —     

Stockholders’ equity:

     

Trust preferred securities

     10,000         10,000   

Common stock (100% owned by HopFed Bancorp, Inc.)

     310         310   
  

 

 

    

 

 

 

Total stockholder’s equity

     10,310         10,310   
  

 

 

    

 

 

 

Total liabilities and stockholder’s equity

   $ 10,310         10,310   
  

 

 

    

 

 

 

Summary Statements of Income

 

     Years Ended December. 31,  
     2013      2012  

Income – interest income from subordinated debentures issued by HopFed Bancorp, Inc.

   $ 353         372   
  

 

 

    

 

 

 

Net income

   $ 353         372   
  

 

 

    

 

 

 

Summary Statements of Stockholder’s Equity

 

     Trust
Preferred
Securities
     Common
Stock
     Retained
Earnings
    Total
Stockholder’s
Equity
 

Beginning balances, January 1, 2013

   $ 10,000         310         —          10,310   

Retained earnings:

          

Net income

     —           —           353        353   

Dividends:

          

Trust preferred securities

     —           —           (342     (342

Common dividends paid to HopFed Bancorp, Inc.

     —           —           (11     (11
  

 

 

    

 

 

    

 

 

   

 

 

 

Total retained earnings

     —           —           —          —     
  

 

 

    

 

 

    

 

 

   

 

 

 

Ending balances, December 31, 2013

   $ 10,000         310         —          10,310