HOPFED BANCORP, INC. (NASDAQ:HFBC) Files An 8-K Changes in Registrant’s Certifying Accountant

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HOPFED BANCORP, INC. (NASDAQ:HFBC) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01 Changes in the Registrant’s Certifying Accountant

The Audit Committee of the Board of Directors of HopFed Bancorp, Inc. (the “Company”) conducted a competitive process to determine the Company’s independent registered public accounting firm for the Company’s fiscal year ending December31, 2018. The Audit Committee invited nine qualified accounting firms to participate in the process, including Carr, Riggs& Ingram (“CRI”), the Company’s then independent registered public accounting firm. As a result of this process, on March13, 2018, the Audit Committee approved the engagement of HORNE LLP (“HORNE”) as the Company’s independent registered public accounting firm for the Company’s 2018 fiscal year and dismissed CRI.

During the Company’s fiscal years ended December31, 2016 and 2017, and the subsequent interim period through the date of the filing of this Form 8-K, there were (i)no “disagreements” as that term is defined in Item 304(l)(iv) of Regulation S-K between the Company and CRI on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, any of which, if not resolved to CRI’s satisfaction, would have caused CRI to make reference to the subject matter of the disagreement in its report on the Company’s consolidated financial statements for the relevant year, and (ii)no “reportable events” as that term is defined in Item 304(a)(1)(v) of Regulation S-K.

The audit reports of CRI on the consolidated financial statements of the Company as of December31, 2016 and 2017, contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.

The Company has provided CRI with a copy of this Form 8-K prior to its filing with the U.S. Securities and Exchange Commission (“SEC”) and requested CRI to furnish to the Company a letter addressed to the SEC stating whether it agrees with the statements made above. A copy of CRI’s letter will be filed with the SEC on Form 8-K.

During the fiscal years ended December31, 2016 and December31, 2017, and the subsequent interim period through the date of the filing of this Form 8-K, neither the Company nor anyone on its behalf has consulted with HORNE regarding (i)the application of accounting principles to a specific transaction, either completed or proposed,(ii) the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided to the Company that HORNE concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, or (iii)any matter that was either the subject of a disagreement within the meaning of Item 304(a)(1)(iv) of Regulation S-K, or a reportable event within the meaning of Item 304(a)(l)(v) of Regulation S-K.


About HOPFED BANCORP, INC. (NASDAQ:HFBC)

HopFed Bancorp, Inc. is a savings and loan holding company that operates through its subsidiary, Heritage Bank USA, Inc. (the Bank). The Bank is a Kentucky state chartered commercial bank based in Hopkinsville, Kentucky, with branch offices in Kentucky and Tennessee. The business of the Bank primarily consists of attracting deposits from the general public and investing such deposits in loans secured by single family residential real estate and investment securities, including United States Government and agency securities, municipal and corporate bonds, collateralized mortgages obligations (CMOs), and mortgage-backed securities. The Bank also originates single-family residential/construction loans, and multi-family and commercial real estate loans, as well as loans secured by deposits, other consumer loans and commercial loans.