SOURCE: Teche Holding Company

Teche Holding Company

March 02, 2011 14:48 ET

Teche Holding Company Named to Keefe, Bruyette and Wood's "Bank Honor Roll" of Superior Performers

NEW IBERIA, LA--(Marketwire - March 2, 2011) - (NYSE Amex: TSH) -- Teche Holding Company, parent company for Teche Federal Bank, was named to Keefe, Bruyette and Wood's (KBW) prestigious 2011 "Bank Honor Roll." KBW, Inc. is a national full-service investment bank that specializes in the financial services sector.

Teche Holding Company is the only Louisiana bank included on this year's list. The group includes practically all different sizes and categories of Banks in America. Nearly 400 banks from throughout the US with $500 million or more in total assets were considered for the Honor Roll. This list is selected primarily on the basis of the bank's earning's record. Teche has maintained consistent earnings over the last decade even during the recent financial crisis. Teche was also one of few publicly traded banks in the southeast whose financial strength allowed them to decline TARP.

"We are honored to be named to this elite group of 40 high performing banks in America," said Patrick Little, President & CEO of the Company.

KBW Honor Roll members are publicly traded banking companies with a $500 million or more in total assets that meet the following three conditions:

  • No annual loss reported in net income per share before extraordinary items over the past 10 years.
  • 2010 annual reported net income per-share before extraordinary items must have been equal to or greater than peak net income per-share over the past 10 years.
  • Consecutive increases in net income per-share before extraordinary items since 2009.

More information including press releases and annual reports of Teche are available on our website at www.teche.com

Teche Federal presently operates nineteen offices in the Louisiana parishes of St. Mary, Iberia, Lafayette, St. Martin, Terrebonne, Lafourche, St. Landry and East Baton Rouge. The Company's common stock is listed as Teche Holding Company and is traded under the symbol "TSH" on the NYSE - AMEX. The Federal Deposit Insurance Corporation (FDIC) insures deposits at Teche Federal Bank up to the legal maximum limits.

Contact Information

  • Contact:
    Patrick Little
    President & CEO
    Teche Holding Company
    (337) 560-7151