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Investments in Affiliated Companies (Tables)
12 Months Ended
Dec. 31, 2017
Equity Method Investments [Member]  
Summary of Balance Sheets

Summary Balance Sheets

 

     December 31,      December 31,  
     2017      2016  

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 of Condensed Statements of Income

Summary Statements of Income

 

     Years Ended
December. 31,
 
     2017      2016  

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

   $ 449        400  
  

 

 

    

 

 

 

Net income

   $ 449        400  
  

 

 

    

 

 

 
Summary Statement of Stockholders' Equity

Summary Statements of Stockholder’s Equity

 

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

Beginning balances, January 1, 2017

   $ 10,000        310        —          10,310  

Retained earnings:

           

Net income

     —          —          449        449  

Dividends:

           

Trust preferred securities

     —          —          (436      (436

Common dividends paid to HopFed Bancorp, Inc.

     —          —          (13      (13
  

 

 

    

 

 

    

 

 

    

 

 

 

Total retained earnings

     —          —          —          —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Ending balances, December 31, 2017

   $ 10,000        310        —          10,310  
  

 

 

    

 

 

    

 

 

    

 

 

 
HopFed [Member]  
Summary of Balance Sheets

Condensed Balance Sheets:

     
     2017      2016  

Assets:

     

Cash

   $ 862        1,084  

Investment in subsidiary

     96,826        95,242  

Prepaid expenses and other assets

     1,109        804  
  

 

 

    

 

 

 

Total assets

     98,797        97,130  
  

 

 

    

 

 

 

Liabilities and equity

     

Liabilities

     

Dividend payable - common

     353        288  

Interest payable

     112        101  

Other liabilities

     610        3  

Subordinated debentures

     10,310        10,310  
  

 

 

    

 

 

 

Total liabilities

     11,385        10,702  
  

 

 

    

 

 

 

Equity:

     

Preferred stock

     —          —    

Common stock

     80        80  

Additional paid-capital

     58,825        58,660  

Retained earnings

     51,162        49,035  

Treasury stock - common stock

     (16,655      (15,347

Unearned ESOP shares

     (5,901      (6,548

Accumulated other comprehensive income

     (99      548  
  

 

 

    

 

 

 

Total equity

     87,412        86,428  
  

 

 

    

 

 

 

Total liabilities and equity

   $ 98,797        97,130  
  

 

 

    

 

 

 
Summary of Condensed Statements of Income

Condensed Statements of Income:

 

     2017      2016      2015  

Interest and dividend income:

        

Dividend income from subsidiary Bank

   $ 2,500        2,000        12,100  
  

 

 

    

 

 

    

 

 

 

Total interest and dividend income

     2,500        2,000        12,100  
  

 

 

    

 

 

    

 

 

 

Interest expense

     436        388        740  

Non-interest expenses

     1,538        391        541  
  

 

 

    

 

 

    

 

 

 

Total expenses

     1,974        779        1,281  
  

 

 

    

 

 

    

 

 

 

Income before income taxes and equity in undistributed earnings of subsidiary

     526        1,221        10,819  

Income tax benefits

     (545      (319      (529
  

 

 

    

 

 

    

 

 

 

Income before equity in undistributed earnings of subsidiary

     1,071        1,540        11,348  

Equity in (distribution in excess of) earnings of subsidiary

     2,230        1,364        (8,944
  

 

 

    

 

 

    

 

 

 

Income available to common shareholders

   $ 3,301        2,904        2,404