Welcome Shareholders 2014 Annual Meeting |
SENIOR MANAGEMENT 2 • John E. Peck, President & CEO • Mike Woolfolk, Executive VP & COO • Billy Duvall, Sr.VP & Chief Financial Officer • P. Michael Foley III, Sr.VP & Chief Credit Officer |
Gilbert E. Lee Chairman of the Board Co-owner-C&L Rentals, L.L.C. John E. Peck President and Chief Executive Officer H. Joseph Dempsey, M.D. Anesthesiologist Clay Smith Ted Kinsey Owner – Parkway Chrysler Robert Bolton President – Iron Bay Capitol Steve Hunt Vice President – Agri-Power and Agri-Chem Richard H. Perkins Retired – Bank Examiner Michael L. Woolfolk Chief Operating Officer, Executive Vice President and Secretary HopFed Bancorp, Inc. Board of Directors 3 President – Pennyrile Ford, Lincoln, Mercury And Purchase Ford, Lincoln, Mercury |
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Recent Accomplishments of Heritage Bank 5 •Leading the market share in all communities Heritage Bank serves •Approximately $11 million increase in checking deposits this year over last year • Substantial reduction in Costs of Deposits •Continued Improvement in Asset Quality •Application for State Banking Charter approved and successful conversion to State Banking Charter |
Recent Accomplishments Of Heritage Bank 6 •Continued transition of loan portofilo to more attractive mix •Kentucky Chamber of Commerce “BEST PLACES TO WORK” winner fourth year in a row 2011, 2012, 2013 and 2014 •Relocate Facilities in Marshall County, KY *HFBC* •Doubled Dividend •Implemented stock buy-back program |
Billy Duvall Chief Financial Officer 7 |
8 The Following Slides are for Heritage Bank These next slides reflect performance of Heritage Bank a State Chartered Bank and are not consolidated numbers. |
Non-Interest Deposits (Millions) 9 This information is for Heritage Bank |
Cost of Deposits 10 This information is for Heritage Bank |
Net Income 2011 – 2013 (Millions) 11 This information is for Heritage Bank |
Mike Foley Chief Credit Officer 12 |
30 to 89 Day Past Due 13 •March 31, 2014 This information is for Heritage Bank |
Classified Loans 14 This information is for Heritage Bank |
Loan Mix 15 Type 2012 2013 Percent One-to-Four Family $162,355 $155,252 -4.36% Land $45,906 $34,681 -24.45% Non- Residential RE $122,637 $157,692 28.58% Commercial $50,549 $64,041 26.69% Total Loans $535,487 $552,406 3.16% This information is for Heritage Bank |
John E. Peck President / CEO 16 |
Stock Price 17 |
Stock Price 18 12 months 30% increase. |
Capital Position 19 This information is for Heritage Bank |
THANK YOU 20 |
Welcome Shareholders 2014 Annual Meeting |