![]() Acquisition of Sumner Bank & Trust February 13, 2013 Exhibit 99.1 |
![]() 2 ACQUISITION OF SUMNER BANK & TRUST HopFed Bancorp, Inc. Strategic Considerations Financial Considerations Significant addition to presence in Nashville MSA – adds 3 branches and 3 loan production offices Sumner leadership will remain and lead our efforts in these new markets Our infrastructure is equipped to allow us to become a $1.5B asset-sized banking organization and we can easily absorb Sumner Improves deposit mix and pricing Sumner mortgage banking business is impressive Attractive new market demographics Cash transaction priced at 111% of Tangible Book Value Significantly earnings accretive Moderate tangible book value per share dilution with earn-out in less than 2.5 years Fully realized cost savings expected to be more than $2.0 million per year Capital ratios will be levered, but remain strong |
![]() 3 PRO FORMA BRANCH MAP Branch Summary Gallatin I 780 Browns Lane Gallatin, TN 37066 2012 Deposits: $55,306 2011 Deposits: $46,531 Gallatin II 240 W Broadway Gallatin, TN 37066 2012 Deposits: $55,848 2011 Deposits: $56,364 Hendersonville 255 Indian Lake Blvd Hendersonville, TN 37075 2012 Deposits: $28,083 2011 Deposits: $16,039 Source: SNL Financial HopFed Bancorp, Inc. For the period ended June 30 (Dollars in Thousands) |