Investments in Affiliated Companies

3 Months Ended

Mar. 31, 2014

Equity Method Investments And Joint Ventures [Abstract]

Investments in Affiliated Companies

(7) INVESTMENTS IN AFFILIATED COMPANIES

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

Summary Statements of Financial Condition	At March 31, 2014		At December 31, 2013
Assets - investment in subordinated debentures issued by HopFed Bancorp, Inc.	$	10,310		10,310
Liabilities		—		—
Stockholder’s equity – trust preferred securities		10,000		10,000
Common stock (100% Owned by HopFed Bancorp, Inc.)		310		310
Total stockholders’ equity	$	10,310		10,310

Summary Statements of Income

	Three Month Periods Ended March 31,
	2014		2013
Income – interest income from subordinated debentures issued by HopFed Bancorp, Inc.	$	86		88
Net income	$	86		88

Summary Statement of Stockholders’ Equity

	Trust Preferred Securities		Common Stock		Retained Earnings			Total Stockholders’ Equity
Beginning balances, December 31, 2013	$	10,000		310		—			10,310
Net income		—		—		86			86
Dividends:
Trust preferred securities		—		—		(83	)		(83	)
Common paid to HopFed Bancorp, Inc.		—		—		(3	)		(3	)
Ending balances, March 31, 2014	$	10,000		310		—			10,310