Heritage Bank parent company HopFed Bancorp, Inc. to acquire Tennessee-Based Sumner Bank & Trust
February 13, 2013
Hopkinsville, KY – HopFed Bancorp, Inc. (NASDAQ: HFBC) (“HopFed”), the parent company of Heritage Bank in Hopkinsville, Kentucky (“Heritage”), today announced that it has entered into a definitive agreement to acquire Sumner Bank & Trust (OTC Pink: SBKT), based in Gallatin, Tennessee (“Sumner”).
HopFed has agreed to pay approximately $14.3 million in cash, or $10.04 per share, to purchase all of the common stock and common stock equivalents of Sumner, including common stock that would be issued upon the conversion of Sumner’s convertible preferred stock upon a change of control (subject to adjustments). [Read more]
Heritage Bank Congratulates Jacob Rugen as Heritage Bank’s Player of the Week
September 26, 2012
Clarksville, TN – John Peck, President and CEO of Heritage Bank and Carla Allison, Office Manager at the Main Street location in Clarksville, are proud to congratulate the September 14th, 2012, Heritage Bank Player of the Week, Clarksville Academy Junior Quarterback and Linebacker, Jacob Rugen.
Jacob Rugen Player of the Week
Heritage Bank holding company HopFed Bancorp, Inc. declares Quarterly Cash Dividend
September 22, 2012
Hopkinsville, KY – HopFed Bancorp, Inc. (NASDAQ: HFBC) announced that its Board of Directors has declared a quarterly cash dividend of $0.02 per share.
The cash dividend will be paid on October 19th, 2012, to stockholders of record as of October 1st, 2012. [Read more]
