This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

HopFed Bancorp Announces Exercise Of Underwriter's Over-Allotment Option

HOPKINSVILLE, Ky., July 16 /PRNewswire-FirstCall/ -- HopFed Bancorp, Inc. (the "Company") (Nasdaq: HFBC), announced today that the underwriter for the Company's recent public offering of 3,333,334 shares of common stock has exercised its over-allotment option and purchased an additional 250,000 shares of the Company's common stock.  The Company received net proceeds of approximately $2,137,500 from the sale of the additional 250,000 shares.  Howe Barnes Hoefer & Arnett, Inc. acted as the sole manager for the offering.

About HopFed Bancorp, Inc.

HopFed Bancorp, Inc. is a unitary savings and loan holding company headquartered in Hopkinsville, Kentucky with assets of $1 billion as of March 31, 2010.  Through its wholly owned bank subsidiary, Heritage Bank, the Company offers a full range of banking services to commercial and retail customers in western Kentucky and Tennessee, northwest of Nashville.  Heritage Bank has 18 locations in Kentucky and Tennessee and more than 60 ATMs.  

Forward-Looking Statements

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 subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties.  Actual results may differ materially from the results anticipated in these forward-looking statements.  Factors that might cause such a difference include, among other matters, changing market conditions, economic conditions, credit quality, governmental regulation and legislation, interest rates, and other factors discussed in the Company's Registration Statement on Form S-1 related to this offering and in its other filings with the SEC.  The Company does not undertake any obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or otherwise, except as required by law.

SOURCE HopFed Bancorp, Inc.

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
HFBC $11.70 0.09%
AAPL $118.03 -0.71%
FB $105.41 -0.31%
GOOG $748.15 -0.02%
TSLA $229.64 5.22%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs