New Iberia-based Teche Holdings Co. reported earnings of $1.7 million, or 82 cents per share, for the quarter ended March 31, compared to $1.5 million, or 72 cents per share, a year ago.
Teche had $11.6 million in revenue for the quarter, compared to $11.2 million a year earlier.
Patrick Little, president and chief executive officer, said in a news release that the bank holding company has posted record earnings for the past three fiscal years and is ahead of last year’s results at the halfway point of the fiscal year.
Earnings for the six months ended March 31 were $3.5 million, or $1.67 per share, compared to $3.3 million, or $1.59 per share, for the same period in fiscal 2011, Little said.
Teche said its earnings highlights included an increase in total loans to $641.5 million, $53.3 million, or 9.1 percent, more than a year ago.
The company’s net charge-offs for the quarter were $500,000, or 0.08 percent of average loans.