Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - TECHE HOLDING COMPANY - TECHE HOLDING CO | f8k_051011-0123.htm |
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Statements contained in this presentation which are not historical facts are
forward-looking statements. These forward-looking statements and all
other statements that may be contained in this presentation that are not
historical facts are subject to a number of risks and uncertainties, and
actual results may differ materially than those forecasted. Such forward-
looking statements are estimates reflecting the best judgment of Teche
Holding Company’s management based upon currently available
information. Certain factors which could affect the accuracy of such
forward-looking statements are identified in the public filings made by
Teche Holding Company with the Securities and Exchange Commission, and
forward-looking statements contained herein, or other public statements
of Teche Holding Company or its management should be considered in
light of those factors. Teche does not undertake, and specifically disclaims,
any obligation to publicly release the results of any revisions that may be
made to any forward-looking statements to reflect the occurrence of
anticipated or unanticipated events or circumstances after the date of such
statements.
forward-looking statements. These forward-looking statements and all
other statements that may be contained in this presentation that are not
historical facts are subject to a number of risks and uncertainties, and
actual results may differ materially than those forecasted. Such forward-
looking statements are estimates reflecting the best judgment of Teche
Holding Company’s management based upon currently available
information. Certain factors which could affect the accuracy of such
forward-looking statements are identified in the public filings made by
Teche Holding Company with the Securities and Exchange Commission, and
forward-looking statements contained herein, or other public statements
of Teche Holding Company or its management should be considered in
light of those factors. Teche does not undertake, and specifically disclaims,
any obligation to publicly release the results of any revisions that may be
made to any forward-looking statements to reflect the occurrence of
anticipated or unanticipated events or circumstances after the date of such
statements.
Results of Fiscal Year 2010 and FYTD
2011
2011
Fiscal Year Ends September 30th
Superior Results…FY10 and FYTD11
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Investment Perspective
5
Investment Perspective
Median 1.7%
Note: No Reported Dividends for 5 GSBC
Banks
Banks
Closing Prices 4/29/11
Investment Perspective
Closing Prices 4/29/11
Median 13.5x
Note: Nine GSBC Banks Reported Losses
Leadership
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Superior Results…FY10 and
FYTD11
FYTD11
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|
SMARTGROWTH
STRATEGY WELL-EXECUTED
FOR 15 YEARS |
10
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
SmartGrowth
$172
$210
$225
$240
$277
$330
$368
$400
$439
$153
11
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Checking
Savings
MMA
Time
SmartGrowth Loans
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Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
$460
$130
$180
$254
$300
$336
$376
$430
$465
$456
|
STRATEGIC
GROWTH 9 YEAR CAGR
17.3% |
|
PROFITABLE
COMMERCIAL LENDING ON STRONG RETAIL BASE |
SmartGrowth Loans
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|
STRATEGIC
CHANGE IN LOAN MIX |
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Commercial
l
l
Retail
Loans
Loans
Conforming
Loans
Loans
SmartGrowth Loans
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|
COMMERCIAL LOANS
$208 MILLION
|
|
DIVERSIFIED
HIGH QUALITY
LOW RISK
MINIMAL EXPOSURE
TO ENERGY SECTOR: ~ 5%
|
Commercial Loan Mix
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Retail
Conforming
Loans
Solid Credit Quality
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|
CREDIT
CULTURE |
|
DISCIPLINED
|
|
CONSERVATIVE
STANDARDS |
|
CONSISTENT
|
|
QUALITY
DIRECTED |
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Solid Credit Quality
16
|
CONSISTENTLY
HIGH PERFORMANC E ON QUALITY MEASURES |
Median 1.37%
Source: SNL Financial LC 3/31/11
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Solid Credit Quality
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
|
LOW NCOs
TO PEERS
|
Superior Results
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
|
TECHE OFFERS
EXCELLENT RETURNS |
Superior Results
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
|
TECHE
OUTPERFORMS PEER GROUP |
|
Record Net
Interest Margin For 4 Years |
Superior Results
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Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Superior Results
|
QUALITY RATIOS
|
||
|
|
2Q10
|
2Q11
|
|
Risk-Based
Capital |
12.9%
|
13.9%
|
|
BV/Share
|
$35.02
|
$37.23
|
|
TBV/Share
|
$33.27
|
$35.47
|
|
No TARP
|
|
No Trust
Preferred |
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Superior Results
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$19
$21
$25
$25
$27
$31
$35
$38
$42
$45
$23
$46
|
CONSISTENT
REVENUE GROWTH |
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Superior Results
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|
SUSTAINED
RECORD EARNINGS |
|
|
FY 2009
|
$3.36
|
|
FY 2010
|
$3.37
|
Teche
Technology
Initiatives
Technology
Initiatives
Technology
Improves
Performance
and Customer
Service
Improves
Performance
and Customer
Service
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Steady Regional
Economy
Economy
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Teche MSAs Rank
Lower Than the
National Average
Lower Than the
National Average
8.2%
6.3%
5.8%
|
March 2011
|
|
|
United States
|
8.8%
|
|
Houma/
Thibodaux MSA |
5.8%
|
|
Lafayette MSA
|
6.3%
|
|
Baton Rouge
MSA |
8.2%
|
8.8%
8.0
%
%
New
Orleans
Orleans
Source: US Bureau of Labor Statistics
MSAs Data: Not Seasonally Adjusted
“The unemployment
numbers for Houma and
Lafayette are actually
looking very good right
now, when we anticipated
them being very bad."
very bad.”
numbers for Houma and
Lafayette are actually
looking very good right
now, when we anticipated
them being very bad."
very bad.”
Economist, 4/15/11
|
KEY ECONOMIC
DRIVERS IN SOUTH LOUISIANA |
Steady Regional
Economy
Economy
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Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Shareholder Value
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8 Consecutive
Years of
Increasing
Dividends
Years of
Increasing
Dividends
|
ROI ANNUALIZED
|
|
|
10 Years
|
17.6%
|
|
DIVIDEND
YIELD |
4.00%
|
|
PAYOUT
RATIO LTM |
42.30%
|
|
2010
|
42.14%
|
|
2009
|
41.32%
|
Strong Balance Sheet
Solid Credit Quality
Superior Results
Steady Economy
Shareholder Value
Shareholder Value
Investment Perspective
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