Revenue during the quarter grew 8.32 percent to $8.58 million from $7.92 million in the previous year period. Net interest income for the quarter rose 5 percent over the prior year period to $6.64 million. Non-interest income for the quarter rose 6.10 percent over the last year period to $2 million.

HopFed Bancorp, Inc. has made provision of $0.06 million for loan losses during the quarter, down 78.35 percent from $0.29 million in the same period last year.

Net interest margin improved 14 basis points to 3.35 percent in the quarter from 3.21 percent in the last year period.

Commenting on the Companys results for the three and twelve month periods ended December 31, 2016, John E. Peck, president and chief executive officer, said, "The Company experienced loan growth of $25.2 million and $18.3 million for the three month periods ended December 31, 2016, and September 30, 2016, respectively. In the three month period ended December 31, 2016, the Companys loan growth largely occurred in our legacy markets. Our improving profitability levels are a direct result of our recent lending success. Entering 2017, our loan pipeline remains robust and we are optimistic about our future."

Deposits stood at $732.88 million as on Dec. 31, 2016, down 0.88 percent compared with $739.41 million on Dec. 31, 2015.

Noninterest-bearing deposit liabilities were $131.14 million or 17.89 percent of total deposits on Dec. 31, 2016, compared with $125.07 million or 16.91 percent of total deposits on Dec. 31, 2015.

Investments stood at $209.48 million as on Dec. 31, 2016, down 11.68 percent or $27.70 million from year-ago. Shareholders equity was at $86.43 million as on Dec. 31, 2016.