UNITED STATES

                    SECURITIES AND EXCHANGE COMMISSION

                          Washington, D. C. 20549

                                 FORM 10-Q

Quarterly Report Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934

For the quarterly period ended          March 31, 2003

Commission file Number        2-89561

                          Teche Bancshares, Inc.

Louisiana                          72-1008552
(State or other jurisdiction of         (I.R.S Employer
incorporation or organization)          Identification No.)

606 South Main Street, St. Martinville, Louisiana 70582
(Address of principal executive offices)

Registrant's telephone number, including area code:
(337) 394-9726

     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.

               YES (X)        NO ( )

     Indicated the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practical date.

     Common Stock, $10 Par Value - 27,925 shares as of March 31, 2003.















                         TECHE BANCSHARES, INC.

                           TABLE OF CONTENTS
          FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2003


PART I - FINANCIAL INFORMATION:

     Item 1. Financial Statements

          Consolidated balance sheets

          Consolidated statements of income

          Consolidated statements of changes in stockholders' equity

          Consolidated statements of cash flows

          Note to consolidated financial statements

     Item 2.  Management's discussion and analysis of financial condition
               and results of operations

     Item 3.  Quantitative and Qualitative Disclosures about Market
               Risk

     Item 4.  Controls and Procedures


PART II - OTHER INFORMATION:

     Item 1 - Legal proceedings

     Item 2 - Changes in securities and Use of Proceeds

     Item 3 - Defaults upon senior securities

     Item 4 - Submission of matters to a vote of security holders

     Item 5 - Other information

     Item 6 - Exhibits and reports on Form 8-K


SIGNATURE

CERTIFICATIONS

ACT 906 CERTIFICATIONS





TECHE BANCSHARES, INC. AND SUBSIDIARY
  St. Martinville, Louisiana

  CONSOLIDATED BALANCE SHEETS
          (UNAUDITED)
March 31, 2003 and December 31, 2002
    (Dollars in Thousands)

                                             March 31, December 31,
                                               2003       2002
            ASSETS
Cash and due from banks                         $2,410     $2,354
Interest - bearing deposits with banks           2,232      2,401
Securities Available for Sale at mkt value      26,454     25,400
Securities Held To Maturity (Market Value
     of $202 and $1,105, respectively)             200      1,101
Other securities at cost                           526        524
Federal funds sold                               6,700      2,425
Loans, net of allowance for loan losses
     of $357 and $341, respectively)            29,697     30,197
Bank premises, furniture, and equipment            733        759
Accrued interest receivable                        268        311
Other real estate owned                            145        151
Other assets                                        82         62
                                            ----------------------
Total assets                                   $69,447    $65,685
                                            ======================
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
    Deposits -
        Non-interest demand                     $8,096     $9,191
        Interest bearing -
            NOW and MMDA accounts               18,542     13,163
            Savings                              4,998      4,645
            Time, $100 and over,                12,529     13,610
            Other time                          12,364     12,101
                                            ----------------------
                Total deposits                  56,529     52,710

Accrued interest payable                            95        153
FHLB Borrowings                                  7,254      7,290
Other liabilities and accrued expenses             170        182
                                            ----------------------
               Total liabilities                64,048     60,335

Stockholders' equity:
    Common stock ($10 par value, 100,000
        shares authorized, 28,125 shares
        issued and outstanding)                    281        281
    Surplus                                      1,144      1,144
    Retained earnings                            3,831      3,742
                                            ----------------------
                                                 5,256      5,167
    Less:   200 shares of treasury stock           (19)       (19)
                Market Value Allowance on
                  AFS Bonds                        162        202
                                            ----------------------
                Total stockholders' equity       5,399      5,350
                                            ----------------------
Total liabilities and stockholders' equity     $69,447    $65,685
                                            ======================
The accompanying notes are an integral part of this statement.















































TECHE BANCSHARES, INC. AND SUBSIDIARY
  St. Martinville, Louisiana

CONSOLIDATED STATEMENTS OF INCOME
         (UNAUDITED)
Three Months Ended March 31, 2003 and 2002;
(Dollars in Thousands except Earnings per Share)

                                              Three Months Ended
                                             March 31,  March 31,
                                               2003       2002
Interest income:
    Interest and fees on loans                    $559       $598
    Interest on investment securities -
        U.S. government securities                 158        178
        State and political subdivisions            20          8
    Interest on interest-bearing deposits
        in banks                                     2          2
    Dividends on equity securities                   6          8
    Interest on federal funds sold                  17         13
                                            ----------------------
            Total interest income                  762        807
Interest expense:
    Interest on deposits                          $192       $300
    Interest on borrowed funds                     105         96
                                            ----------------------
            Total interest expense                 297        396
                                            ----------------------
Net interest income                                465        411
Provision for Credit Losses                         15         10
                                            ----------------------
    Net interest income after provision            450        401
                                            ----------------------
Other income:
    Service charges on deposit accounts             85         80
    Other income and charges                        28         28
                                            ----------------------
           Total other income                      113        108

Other expenses:
    Salaries and employee benefits                 215        217
    Occupancy expense                               54         62
    Other operating expenses                       165        132
                                            ----------------------
        Total other expenses                       434        411
                                            ----------------------
        Income before income taxes                 129         98

    Income taxes                                    40         31
                                            ----------------------
    Net income                                     $89       $ 67
                                            ======================


    Net income per share of common stock         $3.17      $2.42
                                            ======================

    Average shares outstanding                  27,925     27,925
                                            ======================


The accompanying notes are an integral part of this statement.















































TECHE BANCSHARES, INC. AND SUBSIDIARY
  St. Martinville, Louisiana

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
          (UNAUDITED)
For the Three Months Ended March 31, 2003 and 2002



                                            Unrealized
                                            Gain (Loss)
                               Common Stock     on
                                Treas. Stk     AFS
                                  Surplus   Securities     Total

Balances, January 1, 2003            $5,148       $202     $5,350

    Net income three months              89                    89

    Change in Unrealized AFS                       (40)       (40)
                                    -------      ------    ------

Balances, March 31, 2003             $5,237      $ 162     $5,399
                                    =======      ======    ======

Balances, January 1, 2002            $4,743       $146     $4,889

    Net income three months              67                    67

    Change in Unrealized AFS                       (30)       (30)
                                    -------      ------    ------

Balances, March 31, 2002             $4,810      $ 116     $4,926
                                    =======      ======    ======







The accompanying notes are an integral part of this statement.












TECHE BANCSHARES, INC. AND SUBSIDIARY
  St. Martinville, Louisiana

CONSOLIDATED STATEMENTS OF CASH FLOWS
          (UNAUDITED)
For the Three Months Ended March 31, 2003 and 2002

                                             March 31,  March 31,
                                               2003       2002
Cash flows from operating activities:
    Net income                                     $89       $ 67
    Adjustments to reconcile net income
      to net cash provided by
      operating activities -
        Depreciation of bank premises               25         30
        Provision for Loan loss                     15         10
        Write down of other real estate              5          6
        (Inc)dec accrued int receivable             43         17
        (Inc) dec other assets                     (20)         6
        Inc(dec) accrued interest payable          (58)       (54)
        Inc(dec) other liabilities                 (11)         3
          Net cash provided by operating    ----------------------
            activities                              88         85
Cash flows from investing activities:
    Dec(inc) in interest bearing deposits
      in banks                                     169        145
    Dec(inc) in federal funds                   (4,275)      (125)
    Dec(inc) in investment securities             (193)      1,748
    Dec(inc) in other securities                    (2)        (2)
    Net dec (inc) in loans                         485     (1,096)
    Insurance proceeds from Hurricane                9          0
    Capital expenditures premises & equip           (8)         0
                                            ----------------------
      Net cash used in investing activities     (3,815)        670

Cash flows from financing activities:
    Net increase (decrease) in -
      Demand deposits                           (1,095)      (117)
      NOW and MMDA                               5,379    (2,583)
      Savings deposits                             353        537
      Time deposits $100,000 and over           (1,081)        861
      Other time deposits                          263        287
      FHLB Borrowings                              (36)       (24)
                                            ----------------------
  Net cash provided by financing activities      3,783     (1,039)

 Net increase in cash and cash equivalents          56      (284)

Cash and cash equivalents, beginning             2,354      2,257

Cash and cash equivalents, end of period        $2,410     $1,973


Cash paid during the period:

    Interest                                      $450       $450

    Income Taxes                                    $0         $0


The accompanying notes are an integral part of this statement.











                          TECHE BANCSHARES, INC.

                       NOTES TO FINANCIAL STATEMENTS

                             March 31, 2003

     The information furnished reflects all normal, recurring adjustments
which are, in the opinion of management, necessary for a fair statement of
Teche Bancshares, Inc. and its subsidiary for the three (3) months ended
March 31, 2003.  Results for the interim period presented are not necessarily
indicative of results which may be expected for any other interim period or
for the year as a whole.

























                          TECHE BANCSHARES, INC.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS FOR THE QUARTER ENDED MARCH 31, 2003.

Liquidity

Liquidity is the ability to insure that adequate funds are available to
satisfy contractual liabilities, fund operations, meet withdrawal
requirements of depositors and provide for customer's credit needs in a
timely manner. Our primary source of liquidity is our core deposits. We
supplement our core deposits with a line of credit with our correspondent
banks, public fund time deposits, and a line of credit with the Federal Home
Loan Bank. Our sources of liquidity are adequate to fund the loan demand that
we are experiencing.

The primary source of funding for the parent company is dividends from the
Bank.  Management believes the parent's current sources of funds are
sufficient to meet its liquidity needs for the foreseeable future.

Capital Resources and Asset Quality

Our consolidated risk based capital to asset ratio was 19.41% and Tier one
capital ratio was 7.54% at March 31, 2003.  The bank only risk based capital
ratio was 19.50% and Tier one capital ratio was 7.58%. Banks are required to
maintain a risk weighted capital to asset ratio of 8% and Tier one capital
ratio of 5%.  Our risk based capital ratio and Tier one capital ratio both
exceed the required amount.  Management monitors our capital ratio and asset
growth to assure that the bank will have adequate capital to support its
assets.

Asset quality continues to be satisfactory due to our emphasis on credit
quality in our loan portfolio.  Management is of the opinion that we have all
of our problem credits identified and that an adequate allowance has been
made for any potential future losses.

We continuously monitor the quality of our loans.  Loans past due 90 days or
greater still accruing at March 31, 2003, were $21,679 a decrease of $2,563
from December 31, 2002. There was $32,314 of loans on which the accrual of
interest had been discontinued at March 31, 2003.

We are actively marketing our other real estate owned.  At March 31, 2003
other real estate totalled $145,144.  The one piece of real estate, a
commercial building, that we own is currently under a three year lease with
monthly lease payments of $1,800.  We are writing down the value of the
building owned in the amount of $1,957 per month.  At the end of the three
year lease, the lessee has an option to purchase the building.

Results of Operations

Net Income.  Our net income for the three (3) months ended March 31, 2003 was
$88,635 up $21,144 as compared to that of the same period last year. The
increase in income was mostly attributed to an increase in net interest
income. Net interest income increased as a result of growth of the bank's
assets and deposits.  The bank has the contract for the local school board
account until August 1, 2004.  The School Board maintains approximately
$10,000,000 on deposit.  Much of the increase in net interest income was
attributable to earnings on these deposits.

Revenue. Our net interest income for the three (3) months ended March 31,
2003 is up $49,037 as compared to the same period in 2002.  The increase in
net interest income was the result of growth in the bank's total assets and
deposits as previously stated.

Provision for Loan Losses. Our bad debt reserve totalled $356,556 at March
31, 2003 which represents 1.19% of our gross loans.  During the first quarter
of 2003, we added $15,000 to our reserve for loan loss account.  Our reserve
for loan loss balance was considered adequate at March 31, 2003.

Other Income. Our other income is up $4,901 when compared to the same period
last year.  The increase was mostly due to increases in income on demand
deposit accounts due to an increase in the volume of demand deposit accounts
outstanding.

Other Expenses.  Other expenses are up $22,659 as compared to the same time
last year.  The majority of the increase in expense was due to an increase in
other operating expenses.  Other operating expenses increased mostly due to
an increase in legal expenses paid by the Holding Company.  The Company has
retained counsel to advise us with a going private and subchapter S
transaction  that will allow the bank to reduce the cost burden that the
Sarbanes-Oxley Act has created.

Provision for Income Tax. A provision is made for income tax to reflect one
fourth (3/12ths) of the annualized income tax that we anticipate we will
incur. The provision for income tax for the period ended March 31, 2003 was
$40,843 as compared to $30,708 for the same period last year. The increase in
income tax was due to increased income for the current year.





















                          TECHE BANCSHARES, INC.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

     Inapplicable under the Small Business Issuer Criteria.



















































                          TECHE BANCSHARES, INC.

ITEM 4. CONTROLS AND PROCEDURES

     An evaluation of disclosure controls and procedures was performed by
Alcee J. Durand, Jr. and Brian E. Friend on May 5, 2003.  On this date they
reviewed the accounting processes, procedures and workpapers involved in
gathering and compiling the information provided in this Form 10-Q. The
workpapers and accompanying Financial Statements will be forwarded to our
Independent Auditors for their review prior to filing with the Securities and
Exchange Commission.  It is the conclusion of Alcee J. Durand, Jr. and Brian
E. Friend that sufficient controls exist to provide for the accurate
reporting of financial information.

     There have been no changes in internal controls or other factors that
could significantly affect internal controls subsequent to the date of the
evaluation. There were no significant deficiencies or material weaknesses
requiring corrective action.



































                        PART II - OTHER INFORMATION

Item #1   Legal proceedings

          Inapplicable

Item #2   Changes in Securities

          Inapplicable

Item #3   Defaults Upon Senior Securities

          Inapplicable

Item #4   Submission of Matters to be a Vote of Securities Holders

          Inapplicable

Item #5   Other information

          Inapplicable

Item #6   Exhibits and Reports on Form 8-K

          Inapplicable















                          TECHE BANCSHARES, INC.

     Pursuant to the requirement of the Securities Exchange Act of 1934, the
Bank has duly caused this quarterly report to be signed on its behalf by the
undersigned thereunto duly authorized.

                              TECHE BANCSHARES, INC.
                              Registrant


                              /s/ Alcee J. Durand, Jr.

May 5, 2003                   Alcee J. Durand, Jr.
Date                          President/CEO


                         TECHE BANCSHARES, INC.
                            CERTIFICATION

I, Alcee J. Durand, Jr., certify that:

1.   I have reviewed this quarterly report on Form 10-q of Teche Bancshares,
     Inc.;

2.   Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary
     to make the statements made, not misleading with respect to the period
     covered by this quarterly report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and
     cash flows of the registrant as of, and for, the periods presented in
     this quarterly report;

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as
     defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and
     we have:

     a.   designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within
          those entities, particularly during the period in which this
          quarterly report is being prepared;

     b.   evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date
          of this quarterly report (the "Evaluation Date"); and

     c.   presented in this quarterly report our conclusions about the
          effectiveness of the disclosure controls and procedures based on
          our evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based
     on our most recent evaluation, to the registrant's auditors and the
     audit committee of registrant's board of directors (or persons
     performing the equivalent function):

     a.   all significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses in
          internal controls; and

     b.   any fraud, whether or not material, that involves management or
          other employees who have a significant role in the registrant's
          internal controls; and


                         TECHE BANCSHARES, INC.
                            CERTIFICATION
Page 2

6.   The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in
     internal controls or in other factors that could significantly affect
     internal controls subsequent to the date of our most recent evaluation,
     including any corrective actions with regard to significant deficiencies
     and material weaknesses.


                              TECHE BANCSHARES, INC.
                              Registrant


                              /s/ Alcee J. Durand, Jr.

                              Alcee J. Durand, Jr.
                              President

May 5, 2003
Date































                         TECHE BANCSHARES, INC.
                            CERTIFICATION

I, Brian E. Friend, certify that:

1.   I have reviewed this quarterly report on Form 10-q of Teche Bancshares,
     Inc.;

2.   Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary
     to make the statements made, not misleading with respect to the period
     covered by this quarterly report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and
     cash flows of the registrant as of, and for, the periods presented in
     this quarterly report;

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as
     defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and
     we have:

     a.   designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within
          those entities, particularly during the period in which this
          quarterly report is being prepared;

     b.   evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date
          of this quarterly report (the "Evaluation Date"); and

     c.   presented in this quarterly report our conclusions about the
          effectiveness of the disclosure controls and procedures based on
          our evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based
     on our most recent evaluation, to the registrant's auditors and the
     audit committee of registrant's board of directors (or persons
     performing the equivalent function):

     a.   all significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses in
          internal controls; and

     b.   any fraud, whether or not material, that involves management or
          other employees who have a significant role in the registrant's
          internal controls; and


                         TECHE BANCSHARES, INC.
                            CERTIFICATION
Page 2

6.   The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in
     internal controls or in other factors that could significantly affect
     internal controls subsequent to the date of our most recent evaluation,
     including any corrective actions with regard to significant deficiencies
     and material weaknesses.


                              TECHE BANCSHARES, INC.
                              Registrant


                              /s/ Brian E. Friend

                              Brian E. Friend
                              Teche Bank & Trust Company
                              Vice President & Cashier

May 5, 2003
Date
































                         TECHE BANCSHARES, INC.
                         ACT 906 CERTIFICATION


     I, Alcee J. Durand, Jr., certify that the attached financial statements
for the period ending March 31, 2003, fully comply with the requirements of
sections 13(a) or 15(d) of the Exchange Act and the statements fairly
represent, in all material respects, the financial condition and results of
operations of Teche Bancshares, Inc.


                              TECHE BANCSHARES, INC.
                              Registrant


                              /s/ Alcee J. Durand, Jr.

                              Alcee J. Durand, Jr.
                              President

May 5, 2003
Date
































                         TECHE BANCSHARES, INC.
                         ACT 906 CERTIFICATION


     I, Brian E. Friend, certify that the attached financial statements for
the period ending March 31, 2003, fully comply with the requirements of
sections 13(a) or 15(d) of the Exchange Act and the statements fairly
represent, in all material respects, the financial condition and results of
operations of Teche Bancshares, Inc.


                              TECHE BANCSHARES, INC.
                              Registrant


                              /s/ Brian E. Friend

                              Brian E. Friend
                              Teche Bank & Trust Company
                              Vice President & Cashier

May 5, 2003
Date