Hopfed Bancorp (HFBC) 8-K Regulation FD Disclosure

Howe Barnes Hoefer

& Arnett Investor Conference

Chicago, IL

John E. Peck,

President & Chief Executive Officer

Billy C. Duvall,

Senior Vice President & Chief Financial Officer

August 17, 2010

Exhibit 99.1

2

Certain statements contained herein are forward-looking statements, within the meaning of Section

27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are

subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that

involve risks and uncertainties. Actual results may differ materially from the results in these forward-

looking statements. Factors that might cause such a difference include, among other matters, changes

in interest rates, economic conditions, governmental regulation and legislation, credit quality and

competition affecting the Company’s business; the risk of natural disasters and future catastrophic

events including terrorist related incidents; and other factors discussed in the Company’s Annual

Report on Form 10-K for the year ended December 31, 2009 and in subsequent reports

filed on Form

10-Q and Form 8-K.

We can give no assurance that any of the events anticipated by the forward-looking statements will

occur or, if any of them does, what impact they will have on our

results of operations and financial

condition.  We disclaim any intent or obligation to publicly update or revise any forward-looking

statements, regardless of whether new information becomes available, future developments occur or

otherwise, except as required by law.

Cautionary and Forward Looking Statements

Company Profile

Headquarters:

Hopkinsville, Kentucky

18 branches: 11 in Kentucky; 7

in Tennessee

Total Assets:

$1.1 billion

Common

Stockholders’

Equity:

$95.4 million

Total Loans:

$636.4 million

Total Deposits:

$844.3 million

3

Source: SNL Financial LC and Company reports

Financials as of June 30, 2010

4

Recent Follow-on Common Stock Offering

Summary

Rationale

Pricing date: June 16, 2010

Gross proceeds: $32.3 million (including

overallotment)

Price per share: $9.00

Shares issued: 3,583,334

Shares issued / total shares: 49.9%

Price/ pro forma tang. book value: 69.0%

Price performance since offering: 4.1%

Further strengthens our balance sheet

and regulatory capital ratios

Supports ongoing and future growth

Eventual redemption of our TARP

preferred capital

Current Pricing Multiples

Stock Price (as of 8/11/10):

$9.37

TBV ($13.66):

68.6%

Earnings (Howe Barnes Estimates)

2010 ($1.24):

7.6x

2011 ($1.25):

7.5x

Source: SNL Financial LC and Company reports

5

Balance Sheet Strength

Consolidated Capital Ratios

Asset Quality YTD as of June 30, 2010

Tier 1 Capital Ratio

(1)

:

10.61%

RBC Ratio

(1)

:

18.03%

TCE / TA:

8.58%

NPLs

/ Loans:

1.83%

NPAs

/ total assets:

Including TDRs:

2.22%

Excluding TDRs:

1.28%

NCOs / avg. loans:

0.54%

LLR / total loans:

1.35%

(1) Includes $18.4 million in TARP preferred equity

6

Market Areas –

Clarksville/Hopkinsville

Source: SNL Financial LC and company reports

8 Offices in 4 counties

Clarksville, TN is ninth fastest

growing city in United States

Entire market area home to Ft.

Campbell Army Base with 22,000

active personnel –

largest

employer in TN and KY

“Green Energy Corridor”

–

future

home of Hemlock Semiconductor

Diverse agricultural production –

corn, wheat, soybeans, cattle and

tobacco

Strong retail and service industries

Home to Austin Peay

State

University with 10,000+ students

Recognized for growth potential,

talented labor pool and affordable

living

Market

# of

Deposits in

Market

Rank

Institution (State)

branches

Market ($MM)

Share (%)

1

F&M Financial Corporation (TN)

9

415

$                  

13.74%

2

Planters Financial Group Inc. (TN)

8

336

11.12%

3

Regions Financial Corp. (AL)

7

310

10.24%

4

HopFed Bancorp Inc. (KY)

7

309

10.23%

5

BB&T Corp. (NC)

6

293

9.70%

6

U.S. Bancorp (MN)

12

243

8.05%

7

Legends Financial Holdings Inc (TN)

6

225

7.44%

8

First Advantage Bancorp (TN)

5

208

6.90%

9

Bank of America Corp. (NC)

4

191

6.32%

10

Green Bankshares Inc (TN)

5

131

4.33%

11

Todd Bancshares Inc. (KY)

4

113

3.73%

12

Cumberland Bancorp Inc. (TN)

5

106

3.50%

13

Cadiz Bancorp Inc. (KY)

4

73

2.40%

14

Jackson Financial Corporation (KY)

2

69

2.29%

15

J. R. Montgomery Bancorp. (OK)

1

0

0.02%

Grand Total

85

3,021

$            

100.00%

Clarksville/Hopkinsville MSA Market Share

(1)

(1) Source: SNL Financial LC; Branch deposit data as of June 30, 2009

7

Market Areas –

Middle Tennessee

Source: SNL Financial LC and company reports

3 Offices in Cheatham County

and 1 in Houston County

Cheatham County is in

Nashville MSA and currently

serves as a Nashville bedroom

community

Light manufacturing

Management values good

deposit mix, long term growth

prospects and proximity to

Nashville

Market

# of

Deposits in

Market

Rank

Institution (State)

branches

Market ($MM)

Share (%)

1

Regions Financial Corp. (AL)

67

6,120

$             

18.78%

2

Bank of America Corp. (NC)

38

4,924

13.71%

3

SunTrust Banks Inc. (GA)

57

4,220

12.91%

4

Pinnacle Financial Partners (TN)

30

3,638

9.53%

5

Fifth Third Bancorp (OH)

30

1,742

5.08%

6

First Horizon National Corp. (TN)

49

1,659

5.20%

7

Tennessee Commerce Bancorp Inc (TN)

1

1,205

3.05%

8

Wilson Bank Holding Company (TN)

21

1,176

3.59%

9

U.S. Bancorp (MN)

51

1,023

2.84%

10

Green Bankshares Inc (TN)

21

717

2.24%

11

First South Bancorp Inc. (TN)

10

601

1.53%

12

Synovus Financial Corp. (GA)

10

541

2.25%

13

BB&T Corp. (NC)

3

459

1.44%

14

Wells Fargo & Co. (CA)

11

428

1.11%

15

First Farmers Bancshares Inc. (TN)

10

378

1.20%

16

Avenue Financial Holdings Inc. (TN)

6

350

0.61%

17

Renasant Corp. (MS)

7

347

1.16%

18

Reliant Bank (TN)

3

323

0.84%

19

Southeastern Bancorp Inc. (TN)

9

293

0.97%

20

Citizens Bncp Investment Inc. (TN)

10

272

0.84%

47

HopFed Bancorp Inc. (KY)

3

59

0.17%

Grand Total

564

34,682

$         

Nashville MSA Market Share

(1)

(1) Source: SNL Financial LC; Branch deposit data as of June 30, 2009

8

Market Areas –

Western Kentucky

6 Offices in 3 counties

Significant agricultural base

with prominent wheat, corn

and soybean production

Light manufacturing

Tourism focused on

Kentucky Lake and Land

Between the Lakes

Home to Murray State with

10,000+ students

Market

# of

Deposits in

Market

Rank

Institution (State)

branches

Market ($MM)

Share (%)

1

Community Financial Services (KY)

6

323

$                  

21.90%

2

HopFed Bancorp Inc. (KY)

6

320

21.71%

3

BB&T Corp. (NC)

4

226

15.34%

4

Regions Financial Corp. (AL)

5

208

14.10%

5

BancKentucky Inc. (KY)

2

174

11.81%

6

U.S. Bancorp (MN)

3

103

6.98%

7

Citizens Bncp of Hickman Inc. (KY)

2

72

4.88%

8

Reelfoot Bancshares Inc. (TN)

1

31

2.11%

9

Exchange Bancshares Inc. (KY)

2

12

0.81%

10

Jackson Financial Corporation (KY)

1

4

0.28%

11

Woodforest Financial Group (TX)

1

1

0.04%

12

Cadiz Bancorp Inc. (KY)

1

0

0.03%

Grand Total

34

1,474

$            

100.00%

Market Share –

Fulton, Marshall and Calloway

Counties

(1)

(1) Source: SNL Financial LC; Branch deposit data as of June 30, 2009

9

Experienced Management

Our management team has over 150 years of combined industry

experience and strong ties to the Western Kentucky and Middle

Tennessee markets

Years with

Industry

Name

Position

HFBC

Experience

Previous experience

John Peck

President & CEO

10

29

President and CEO of United Commonwealth Bank

President of Firstar Bank-Calloway County

Mike Woolfolk

Chief Operating Officer

10

38

President of Firstar Bank-Marshall County

Senior Vice President of Operations of Citizens Bank

Billy Duvall

Chief Financial Officer

9

20

Auditor with Rayburn, Betts & Bates, P.C.

Examiner with National Credit Union Administration

Michael Stalls

SVP & Chief Credit Officer

7

36

Senior Lending Officer at Regions Bank (Southern TN)

Boyd Clark

SVP & Corporate Secretary

38

38

Held a variety of positions all at Heritage Bank

10

Business Strategy

Focus on relationship banking

We operate our franchise in a manner that provides local decision making in our retail offices

We have a local market president and a local market advisory board within our larger markets

Focus on our existing market footprint

Our markets are ideal for a community bank as they provide both stability and growth

Ft. Campbell military base, located within our markets, is a major source of stability

Considerable population growth is projected for both the Clarksville and Nashville MSAs

Take advantage of our unique position as a middle market player

Our primary competitors are either large regional banks or smaller community banks

We are small enough to present ourselves to our customers as a locally-based community bank,

yet large enough to attract businesses that require a larger capital  base to service their needs

Continue to reposition our balance sheet

In the last ten years we have transformed our Bank from a traditional mutual savings bank into a

highly diversified financial institution

We believe that the continued diversification of our loan portfolio and improved                                     

deposit mix will result in improved operating results

We distinguish our self from our competition by offering comprehensive banking

services to businesses and individuals in our markets with personalized service

11

Franchise Transformation -

Lending

Over the last 10 years, we have transformed our franchise from a

traditional mutual to a vibrant community bank

  dollars in thousands

Dec. 31, 2000

Dec. 31, 2005

June 30, 2010

Branches:

5

9

18

Employees:

33

126

245

Loans:

1-4 Family

93,147

$      

71.1%

211,564

$    

52.7%

231,445

$    

36.4%

Mulit-family

2,841

2.2%

6,613

1.7%

48,352

7.6%

CRE

21,695

16.5%

102,676

25.6%

196,054

30.8%

C&D

5,729

4.4%

16,592

4.1%

90,211

14.2%

C&I

946

0.7%

36,945

9.2%

50,926

8.0%

Consumer

6,691

5.1%

26,924

6.7%

19,440

3.0%

Total

131,049

$    

100.0%

401,314

$    

100.0%

636,428

$    

100.0%

12

Franchise Transformation -

Funding

Over the last 10 years, we have transformed our franchise from a

traditional mutual to a vibrant community bank

  dollars in thousands

Dec. 31, 2000

Dec. 31, 2005

June 30, 2010

Deposits

Transaction Accounts

Non-Interest Bearing

3,828

$         

2.3%

36,918

$      

7.6%

69,788

$      

8.3%

Interest Bearing

9,527

5.7%

96,949

20.1%

138,956

16.4%

Total

13,355

8.0%

133,867

27.7%

208,744

24.7%

MMDA & Savings

34,371

20.8%

97,477

20.2%

62,425

7.4%

Time Deposits

Retail < $100K

103,446

62.5%

174,741

36.2%

377,639

44.7%

Retail > $100K

14,432

8.7%

76,643

15.9%

111,161

13.2%

Brokered

---

---

---

---

84,376

10.0%

Total

117,878

71.2%

251,384

52.1%

573,176

67.9%

Total

165,604

$    

100.0%

482,728

$    

100.0%

844,345

$    

100.0%

13

Asset Quality

Non-performing Assets Detail

Much of our past success is

attributable to our

commitment to conservative

lending practices

During the recent economic

downturn, we have remained

profitable, while continuing to

fund our allowance for loan

losses at appropriate levels

Source: SNL Financial LC and company reports

Non-performing Assets to Total Assets

(1)

(1) KY Banks & Thrifts include all banks and thrifts headquartered in Kentucky that are listed on a major stock exchange.

($ in thousands)

2005

2006

2007

2008

2009

Q2'10

Non-performing loans

$           996

$           863

$           593

$        7,321

$         11,209

$    11,655

ORE

228

342

347

875

1,883

2,491

Non-performing assets

$        1,224

$        1,205

$           940

$        8,196

$         13,092

$    14,146

Total loans

$    401,314

$    499,438

$    581,094

$    634,210

$       650,945

$  636,428

Allowance for loan loss

4,004

4,470

4,842

6,133

8,851

8,571

Total assets

639,589

770,888

808,352

967,560

1,029,876

1,106,431

NPAs

/ Total loans

0.25%

0.17%

0.10%

1.16%

1.72%

1.83%

NPAs

/ Total assets

0.19%

0.16%

0.12%

0.84%

1.28%

1.28%

ALL /  Total loans

1.00%

0.90%

0.30%

0.97%

1.36%

1.35%

ALL /  NPAs

402.01%

519.96%

816.53%

83.01%

78.96%

73.54%

2.11%

1.28%

0.19%

0.16%

0.12%

0.84%

1.28%

1.29%

0.89%

0.94%

1.94%

0.59%

0.45%

1.93%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

2005

2006

2007

2008

2009

Q1'10

Q2'10

HopFed

Bancorp, Inc.

KY Banks & Thrifts Median

14

Loan Portfolio

Total Loan Portfolio

(1)

Over the last 10 years we have transformed

our loan portfolio to near optimum

concentrations and our continued loan

diversification will lead to improved

operating results

Total Loans:

$636.5 million

Weighted Average Yield:

6.17%

(1)

As of June 30, 2010

1-4 Family

36.4%

Mulit-family

7.6%

Commercial

Real Estate

30.8%

C&D 14.2%

C&I 8.0%

Consumer,

3.0%

Outstanding

% of Total

% of Risk

Balance

Loans

Based Capital

Consumer

19,440

$        

3.0%

15.8%

RE  -

1 -

4 family

231,445

36.4%

188.5%

Multi-family

48,352

7.6%

39.4%

CRE (investor)

31,432

4.9%

25.6%

CRE (owner occupied)

164,622

25.9%

134.1%

Construction

28,584

4.5%

23.3%

Land & land development

61,627

9.7%

50.2%

C&I

50,926

8.0%

41.5%

Total

$  636,428

100.0%

518.4%

Loan Portfolio Concentration

(1)

122,803

Consolidated Risk Based Capital

$      

Source: SNL Financial LC and company reports

15

Deposit Portfolio

Total

Deposit

Breakout

(1)

Total Deposit Growth ($M)

2010 Deposit Cost Summary

1

st

Qtr. Overall Cost of Deposits:  2.27%

2

nd

Qtr. Overall Cost of Deposits:   2.14%

Marketing campaign focused on increasing

our market share of checking accounts

that began in 2008 has netted 4,000 new

noninterest bearing checking accounts in

each of the last two years

Our base of core deposits has been a

driver of our net interest margin and

profitability throughout our recent history

Brokered deposits represent 10.0% of

total deposits and we have agreed not to

increase our brokered deposits without

prior OTS approval

Source: SNL Financial LC and company reports

(1) As of June 30, 2010

Interest

Bearing

16%

MMDA &

Savings

7%

Retail < $100K

46%

Retail > $100K

13%

Brokered

10%

Non-Interest

Bearing

8%

16

Financial Metrics

Source: Company reports

At or for the six months

ended June 30,

At or for the year ended December 31,

2010

2009

2009

2008

2007

2006

2005

(unaudited)

($ in thousands, except per share data)

Statement

of

Income:

Net interest income

$         15,218

$         12,957

$         26,829

$         23,057

$         20,142

$         17,380

$         14,192

Provision for loan losses

1,469

1,936

4,199

2,417

976

1,023

1,250

Non-interest income

4,765

5,100

10,225

8,344

7,231

5,765

4,532

Non-interest expense

12,973

12,743

30,483

22,417

20,553

16,514

11,600

Income before income taxes

5,541

3,378

2,372

6,567

5,844

5,608

5,874

Provision for income taxes

1,610

1,001

397

1,952

1,728

1,700

1,744

Net income

3,931

2,377

1,975

4,615

4,116

3,908

4,130

Preferred stock dividends

511

511

1,031

56

-

-

-

Net income available to common stockholders

$           3,420

$           1,866

$              944

$           4,559

$           4,116

$           3,908

$           4,130

Balance

Sheet:

Assets

$    1,106,431

$    1,001,794

$    1,029,876

$       967,560

$       808,352

$       770,888

$       639,589

Loans receivable, net

627,857

637,111

642,355

628,356

576,252

494,968

397,310

Deposits

844,345

743,547

794,144

713,005

598,753

569,433

482,728

Subordinated debentures

10,310

10,310

10,310

10,310

10,310

10,310

10,310

Total stockholders' equity

113,806

79,809

79,949

78,284

55,803

52,270

49,842

Performance

Ratios:

Return on average assets

0.74%

0.48%

0.09%

0.55%

0.53%

0.56%

0.69%

Return on average equity

9.24

5.93

1.18

8.08

7.84

7.65

8.33

Net interest margin

3.28

2.91

2.97

3.06

2.89

2.71

2.61

Efficiency ratio

62.58

69.33

80.73

70.41

73.66

70.66

61.95

Capital

Ratios:

Tangible common equity to tangible assets

8.58%

5.58%

5.87%

5.52%

6.01%

5.73%

7.06%

Tier 1 capital to risk weighted assets (Company)

10.6%

12.6%

12.7%

12.7%

10.1%

11.0%

14.7%

Total capital to risk weighted assets (Company)

18.0%

13.8%

13.8%

13.7%

11.0%

11.8%

15.7%

Tier 1 capital to risk weighted assets (Bank)

8.9%

7.8%

12.2%

11.7%

9.6%

10.4%

14.0%

Total capital to risk weighted assets (Bank)

15.0%

13.0%

13.3%

12.6%

10.5%

11.3%

15.0%

Per

Share

Data:

Basic earnings per share

$              0.91

$              0.52

$              0.26

$              1.28

$              1.15

$              1.08

$              1.13

Diluted earnings per share

0.91

0.52

0.26

1.27

1.14

1.07

1.13

Book value per share

13.74

17.22

17.12

16.70

15.54

14.41

13.66

Tangible book value per share

13.60

15.44

16.80

14.81

13.40

12.03

12.27

Dividends per share

0.12

0.12

0.48

0.48

0.48

0.48

0.48

Weighted

average

shares

outstanding

-

basic

3,757,614

3,568,257

3,569,969

3,572,127

3,588,163

3,634,138

3,644,178

Weighted

average

shares

outstanding

-

diluted

3,757,614

3,568,257

3,569,969

3,597,483

3,607,870

3,659,666

3,669,918

Common shares outstanding

6,971,616

3,594,620

3,594,620

3,585,049

3,592,033

3,627,906

3,649,078

17

0.69%

0.56%

0.53%

0.55%

0.74%

0.09%

0.00%

0.25%

0.50%

0.75%

1.00%

1.25%

1.50%

2005

2006

2007

2008

2009

YTD

61.95%

70.66%

73.30%

69.84%

66.88%

62.58%

40.00%

50.00%

60.00%

70.00%

80.00%

2005

2006

2007

2008

2009

YTD

2.61%

2.71%

2.89%

3.06%

2.97%

3.28%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

2005

2006

2007

2008

2009

YTD

9.24%

8.33%

7.65%

7.84%

8.08%

1.18%

0.00%

2.50%

5.00%

7.50%

10.00%

12.50%

15.00%

2005

2006

2007

2008

2009

YTD

Historical Performance

Return on Average Equity

Net Interest Margin

Efficiency Ratio

(1)

Return on Average Assets

HopFed

Bancorp, Inc.

KY Banks & Thrifts

(2)

Source: SNL Financial LC and company reports

(1) Excludes goodwill impairment and foreclosed property expense.

(2) KY Banks & Thrifts include all banks and thrifts headquartered in Kentucky that are listed on a major stock exchange.

18

Why Invest in HopFed

Bancorp, Inc.

History of strong financial performance

We have remained profitable during the recent economic downturn and believe that

we are positioned to take advantage of future growth opportunities

Strong Asset Quality

Our asset quality metrics have remained superior to our peers

Experienced Management Team

We have

an

experienced

and

energetic

management

team

with

strong

relationships in

our market areas

Disciplined approach to internal and external growth

We are

confident

in

our

ability

to

successfully

integrate

future

branch

or

whole

bank

acquisitions as well as grow through de novo branches 

Attractive Entry Point

Opportunity to invest in a high quality franchise with a proven track record and at a

significant discount to tangible book value and peer trading multiples

We believe there will be exceptional opportunities for responsible strategic

growth in our market areas

19

Public Company Comparables

Source: SNL Financial LC and company reports

Publicly traded banks headquartered in Kentucky and listed on a major stock

exchange

YTD as of June 30, 2010

Pricing data as of August 11, 2010

Total

TCE /

Price/

Assets

Tg. Assets

Price/

LTM

NIM

LLRs/

NPAs/

Ticker

Company Name

City, State

($MM)

(%)

TBV (%)

EPS (x)

ROAA (%)

ROAE (%)

(%)

Loans (%)

Assets (%)

CTBI

Community Trust Bancorp Inc.

Pikeville, KY

3,209

8.43

148.5

14.0

0.97

9.37

4.06

1.48

2.83

RBCAA

Republic Bancorp Inc.

Louisville, KY

3,140

11.36

121.2

6.9

2.80

30.15

5.73

1.21

2.20

FFKT

Farmers Capital Bank Corp.

Frankfort, KY

2,093

5.76

34.4

NM

0.44

6.34

3.00

2.09

5.98

SYBT

S.Y. Bancorp Inc.

Louisville, KY

1,859

8.68

203.3

18.6

1.17

13.24

3.88

1.55

0.82

PBIB

Porter Bancorp Inc.

Louisville, KY

1,761

7.80

79.4

16.6

0.27

2.78

3.45

2.01

6.66

BKYF

Bank of Kentucky Finl Corp.

Crestview Hills, KY

1,520

5.71

122.9

16.7

0.57

6.29

3.72

1.46

1.78

FFKY

First Financial Service Corp.

Elizabethtown, KY

1,239

5.29

44.0

NM

0.11

1.60

3.15

2.19

4.19

CZFC

Citizens First Corp.

Bowling Green, KY

347

5.23

82.3

NM

0.66

6.11

4.03

1.67

0.53

Average

1,896

7.28

104.5

14.6

0.87

9.49

3.88

1.71

3.12

Median

1,810

6.78

101.7

16.6

0.62

6.32

3.80

1.61

2.52

HFBC

HopFed Bancorp Inc.

Hopkinsville, KY

1,106

8.58

68.6

14.2

0.74

9.24

3.28

1.35

2.22

Valuation Data:

Operating Data:

20

Appendix: Company History

1879:

The Bank was founded under the name Hopkinsville Building and Loan Association

1940:

The Bank converted to a savings association and began insuring deposits

1983:

The Bank became a federal mutual savings bank

1997:

HopFed

Bancorp, Inc. was incorporated under the laws of Delaware

1998:

The Bank converted from a federal mutual savings bank to a federal stock

savings bank and the Company became listed on the NASDAQ

2000:

John E. Peck named President and Chief Executive Officer

2002:

Bank changed name from Hopkinsville Federal Savings Bank to  Heritage Bank

2002:

Acquired two branch offices in Fulton, Kentucky from Old National Bancorp

2006:

Acquired four branch offices in Middle Tennessee from AmSouth Bancorp

2006:

Opened first of three branch offices in Clarksville, Tennessee

2008:

Issued $18.4 million of Series A Preferred Stock under CPP     

to the Treasury

June 2010:

Completed sale of 3,583,334 shares of common stock

We are a Kentucky-based unitary savings and loan holding company. 

Our wholly-owned savings bank subsidiary is Heritage Bank.

John E. Peck

Billy C. Duvall

President & Chief Executive Officer

SVP & Chief Financial Officer

(270) 887-8401

(270) 887-8404

john.peck@bankwithheritage.com

billy.duvall@bankwithheritage.com