Stock Compensation

3 Months Ended

Mar. 31, 2014

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

(3)	STOCK COMPENSATION

The Company incurred compensation cost related to the HopFed Bancorp, Inc. 2004 Long Term Incentive Plan of $31,000 for the three month period ended March 31, 2014, and $22,000 for the three month period ended March 31, 2013, respectively. The Company issued 227 shares of restricted stock during the three month period ended March 31, 2013. The Company did not issue any shares of restricted stock during the three month period ended March 31, 2014. The table below provides a detail of the Company’s future compensation expense related to restricted stock vesting at March 31, 2014:


Year Ending December 31,	Future Expense

2014	$	88,685
2015		101,302
2016		48,272
2017		3,125


Total	$	241,384

The compensation committee may make additional awards of restricted stock, thereby increasing the future expense related to this plan. In addition, award vesting may be accelerated due to certain events as outlined in the restricted stock award agreement. Any acceleration of vesting will change the timing of, but not the aggregate amount of, compensation expense incurred.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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