Teche Holding Company Announces $46.3 Million Loan Sale

Teche Holding Company Announces $46.3 Million Loan Sale 
NEW IBERIA, LA -- (Marketwire) -- 11/28/12 --  (NYSE MKT: TSH) --
Patrick Little, President and CEO of Teche Holding Company, holding
company for Teche Federal Bank, today announced the sale of a
portfolio of single-family owner-occupied, performing, fixed rate
mortgage loans with a book value of $46.3 million.  
The Company will recognize a one-time gain of approximately $2.0
million in the Company's first fiscal quarter associated with the
sale of the loans. The Bank will retain servicing of these loans. 
The portfolio has a weighted average coupon rate of approximately
3.7% and a weighted average remaining term of approximately 170
months. The transaction is expected to boost the Company's capital
base, increase non-interest income of the Bank for the first quarter
of fiscal 2013, and strengthen the overall financial position of the
Company and the Bank. 
Commenting on the loan sale, Little said, "The loan sale positively
impacts our balance sheet and income statement. With more commercial
lenders in place, together with the good economy in South Louisiana,
we believe we can replace these loans with a mix of conforming
mortgage, other retail and commercial loans."  
Teche Holding Company is the parent company of Teche Federal Bank,
which operates nineteen offices in South Louisiana and serves over
70,000 customers. Teche is the fourth largest publicly traded bank
holding company based in Louisiana with over $851 million in assets.
Deposits at Teche Federal Bank are insured up to the legal maximum
amount by the Federal Deposit Insurance Corporation (FDIC). Teche
Holding Company's common stock is traded under the symbol "TSH" on
the NYSE MKT. 
Statements contained in this news release, which are not historical
facts, are forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to risks and uncertainties
which could cause actual results to differ materially from those
currently anticipated due to a number of factors, which include, but
are not limited to, factors discussed in documents filed by Teche
Holding Company with the Securities and Exchange Commission from time
to time. The Company does not undertake to update any forward-looking
statement, whether written or oral, that may be made from time to
time by or on behalf of the Company. 
Patrick Little
President & CEO
Teche Holding Company
(337) 560-7151 
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