TECHE HOLDING CO
SC 13G/A, 2000-02-23
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

        INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES
          13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT
                                TO RULE 13d-2(b)
                               (Amendment No. 2)*


                              Teche Holding Company
              -----------------------------------------------------
                                (Name of Issuer)


                                  Common Stock
             ------------------------------------------------------
                         (Title of Class of Securities)


                                   878330 10 9
             ------------------------------------------------------
                                 (CUSIP Number)

                               February 17, 1999
             ------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the  appropriate box to designate the rule pursuant to which this schedule
is filed:

|X|  Rule 13d-1(b)

|_|  Rule 13d-1(c)

|_|  Rule 13d-1(d)


- --------------
* The  remainder of the cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

         The information  required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise  subject to the  liabilities of that section of
the Act but shall be subject to all other  provisions of the Act  (however,  see
the Notes).

                         (Continued on following pages)

                                   Page 1 of 4

<PAGE>
CUSIP No. 878330 10 9         Schedule 13-G
                              -------------

1.       Name of Reporting Person
         S.S. or I.R.S. Identification Number of above person:

                          Teche Federal Savings Bank
                          Employee Stock Ownership Plan

2.       Check the appropriate box if a member of a group*

                  (a)  |X|                           (b)   |_|

3.       SEC Use Only

4.       Citizenship or Place of Organization:  Louisiana
                                                ---------

Number of Shares Beneficially Owned by Each Reporting Person with:

5.       Sole Voting Power:                       -0-
                                              -------

6.       Shared Voting Power:                 321,502
                                              -------

7.       Sole Dispositive Power:                  -0-
                                              -------

8.       Shared Dispositive Power:            321,502
                                              -------

9.       Aggregate Amount Beneficially Owned by Each Reporting Person:

         321,502
         -------

10.      Check Box If The Aggregate Amount in Row (9) Excludes Certain
         Shares*  |_|

11.      Percent of Class Represented by Amount in Row 9: 12.7%
                                                         ------

12.      Type of Reporting Person*:   EP
                                     ----


                                * SEE INSTRUCTION

                                   Page 2 of 4


<PAGE>

Item 1(a)Name of Issuer:  Teche Holding Company
         --------------

Item 1(b)Address of Issuer's Principal Executive Offices:
         -----------------------------------------------

               211 Willow Street
               Franklin, Louisiana  70538-6154

Item 2(a)Name of Person Filing:
         ---------------------

               Teche Federal Savings Bank
               Employee Stock Ownership Plan

Item 2(b)Address of Principal Business Office:  Same as Item 1(b)
         -------------------------------------  -----------------

Item 2(c)Citizenship:  Louisiana
         -----------   ---------

Item 2(d)Title of Class of Securities:  Common Stock
         ----------------------------   ------------

Item 2(e)CUSIP Number:    878330 10 9
         ------------     -----------

Item 3 Check whether the person filing is a:

Item 3(f)   X    Employee  Benefit  Plan, in accordance
           ---   with Rule 13d-1(b)(1)(ii)(F).

Item 3(j)   X    Group,  in  accordance  with Rule 13d-
           ---   1(b)(1)(ii)(J).

Item 3 (a) (b) (c) (d) (e) (g) (h) (i) - not applicable.

Item 4(a) Amount Beneficially Owned: 321,502
          -------------------------  -------

Item 4(b) Percent of Class: 12.7%
          ----------------  -----

Item 4(c) Number of shares as to which such person has:
          (i)      sole power to vote or to direct the vote            -0-
                                                                   -------
          (ii)     shared power to vote or to direct the vote      321,502
                                                                   -------
          (iii)    sole power to dispose or to direct the
                   disposition of                                      -0-
                                                                   -------
          (iv)     shared power to dispose or to direct the
                   disposition of                                  321,502
                                                                   -------

Item 5   Ownership of Five Percent or Less of Class:
         ------------------------------------------

                                 Not applicable

                                   Page 3 of 4

<PAGE>
Item 6            Ownership of More than Five Percent on Behalf of Another
                  --------------------------------------------------------
                  Person:
                  ------
                                 Not applicable

Item 7            Identification and Classification of the Subsidiary Which
                  ---------------------------------------------------------
                  Acquired the Security Being Reported on by the Parent
                  -----------------------------------------------------
                  Holding Company.
                  ---------------

                                 Not applicable

Item 8            Identification and Classification of Members of the
                  ---------------------------------------------------
                  Group.
                  -----

                  This  Schedule  13G is being  filed on behalf of the  Employee
                  Stock  Ownership Plan ("ESOP")  identified in Item 2(a) by the
                  Plan Committee and the Plan Trustee both filing under the Item
                  3(f) and 3(j) classifications. Exhibit A contains a disclosure
                  of the voting and dispositive powers over shares of the issuer
                  held directly by these entities exclusive of those shares held
                  by the  ESOP as well as  identification  of  members  of these
                  groups.

Item 9            Notice of Dissolution of Group.
                  ------------------------------

                                 Not applicable

Item 10           Certification.
                  -------------

                  By signing  below, I certify that, to the best of my knowledge
                  and belief, the securities  referred to above were acquired in
                  the ordinary  course of business and were not acquired for the
                  purpose  of  and  do  not  have  the  effect  of  changing  or
                  influencing  the control of the issuer of such  securities and
                  were not acquired in connection  with or as a  participant  in
                  any transaction having such purpose or effect.


                                   Page 4 of 4


<PAGE>
SIGNATURE:

         After reasonable inquiry and to the best of my knowledge and belief, as
a member of the ESOP Plan Committee, I certify that the information set forth in
this statement is true, complete and correct.



/s/ Robert E. Mouton                                                2/14/00
- -----------------------------------------------------------  --------------
Robert E. Mouton                                                    Date



- -----------------------------------------------------------  --------------
Scott Sutton                                                        Date



/s/ J.L. Chauvin                                                    2/14/00
- -----------------------------------------------------------  --------------
J.L. Chauvin                                                        Date



/s/ W. Ross Little                                                  2/14/00
- -----------------------------------------------------------  --------------
W. Ross Little                                                      Date



<PAGE>

SIGNATURE:

         After reasonable inquiry and to the best of my knowledge and belief, as
a member of the ESOP Trustee Committee, I certify that the information set forth
in this statement is true, complete and correct.



/s/ Mary Coon Biggs                                            2/14/00
- ----------------------------------------------------------  ----------
Mary Coon Biggs                                                Date



/s/ Henry L. Friedman                                          2/14/00
- ----------------------------------------------------------  ----------
Henry L. Friedman                                              Date



/s/ Christian L. Olivier                                       2/14/00
- ----------------------------------------------------------  ----------
Christian L. Olivier                                           Date







<PAGE>

Exhibit A
- ---------

                       Identification of Members of Group
                       ----------------------------------

         Shares of common  stock of the issuer are held in trust for the benefit
of  participating  employees by the ESOP Plan Trustee.  The Plan Trustee  shares
voting and dispositive power with the Plan Committee.  By the terms of the Plan,
the Plan Trustee votes stock  allocated to  participant  accounts as directed by
participants.  Stock held by the Trust,  but not yet  allocated  is voted by the
Plan  Trustee  as  directed  by the  Plan  Committee.  Investment  direction  is
exercised  by the Plan  Trustee  as  directed  by the Plan  Committee.  The Plan
Committee and the Plan Trustee share voting and  dispositive  power with respect
to  the  unallocated  stock  held  by  the  ESOP  pursuant  to  their  fiduciary
responsibilities  under Section 404 of the Employee  Retirement  Income Security
Act of 1974, as amended.

         Members of the Plan Committee and their beneficial  ownership of shares
of common stock of the issuer  exclusive of membership on the Plan Committee and
of shares beneficially owned as a Participant in the Plan are as follows:

                           Beneficial                      Beneficial Ownership
    Name                 Ownership(1)(2)(3)                as Plan Participant
- --------------------------------------------------------------------------------
Robert E. Mouton              37,641                               5,767
Scott Sutton                   6,872                                 -0-
J.L. Chauvin                  32,132                               5,523
W. Ross Little               145,644                               6,282


Members of the Trustee  Committee  and their  beneficial  ownership of shares of
common stock of the issuer exclusive of membership on the Trustee  Committee and
of shares beneficially owned are as follows:

                               Beneficial                   Beneficial Ownership
    Name                      Ownership (1)(2)              as Plan Participant
- --------------------------------------------------------------------------------
Mary Coon Biggs                25,211                                  0
Henry L. Friedman              29,408                                  0
Christian L. Olivier           17,011                                  0


- -------------
(1)      Beneficial ownership as of February 14, 2000. Includes shares of common
         stock of issuer  owned in  conjunction  with family  members.  The Plan
         Committee and Plan  Trustee(s)  disclaims  ownership of these shares in
         conjunction  with the exercise of their fiduciary  duties as members of
         the Plan Committee and Trustee Committee.
(2)      Excludes shares awarded under the Management Stock Bonus Plan for which
         individuals do not presently exercise voting or dispositive power.
(3)      Includes stock related to exercisable options.



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