Territorial Bancorp Inc.

Territorial Bancorp Inc. Declares Dividend

HONOLULU, May 1, 2013 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has approved an increase in the quarterly cash dividend on its common stock from $0.12 to $0.13 per share. The dividend is expected to be paid on May 29, 2013 to stockholders of record as of May 15, 2013.

Territorial Bancorp Inc.

Territorial Bancorp Inc. Announces First Quarter 2013 Results

HONOLULU, May 1, 2013 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announced net income of $3.6 million or $0.37 per basic and $0.36 per diluted share for the three months ended March 31, 2013, compared to $3.5 million or $0.35 per basic and $0.34 per diluted share for the three months ended March 31, 2012. The increase in earnings for the first quarter was primarily due to an increase in gain on sale of investment securities and higher mortgage loan production which increased interest income and generated greater gains on sales of loans. The Company also announced that the Board of Directors increased its quarterly cash dividend to $0.13 per share. The dividend is expected to be paid on May 29, 2013 to stockholders of record as of May 15, 2013.

Territorial Bancorp Inc.

Territorial Bancorp Inc. Completes Third Repurchase Program

HONOLULU, April 24, 2013 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that the Company has completed its third repurchase program. The Company repurchased 552,000 shares of its common stock at an average price of $21.76 per share. The Company's Board of Directors regularly reviews capital management options, including stock repurchase programs, and any future decision to adopt one or more additional stock repurchase programs would be subject to general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance.

Territorial Bancorp Inc.

Territorial Bancorp Inc. Declares Dividend

HONOLULU, Feb. 4, 2013 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has approved a quarterly cash dividend on its common stock of $0.12 per share. The dividend is expected to be paid on March 4, 2013 to stockholders of record as of February 18, 2013. 

Territorial Bancorp Inc.

Territorial Bancorp Inc. Announces Fourth Quarter 2012 Results

HONOLULU, Feb. 4, 2013 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announced net income of $3.8 million or $0.38 per basic and $0.37 per diluted share for the three months ended December 31, 2012, compared to $3.4 million or $0.33 per basic and diluted share for the three months ended December 31, 2011. For the year ended December 31, 2012, the Company earned $14.8 million or $1.47 per basic share and $1.45 per diluted share, compared to $12.8 million for the year ended December 31, 2011, or $1.19 per basic share and $1.17 per diluted share. The Company's earnings grew by 16.0% in 2012. The increase in earnings for the fourth quarter and for the year was primarily due to gains on sale of investment securities and higher mortgage loan production that increased interest income and generated greater gains on sale of loans.

Territorial Bancorp Inc.

Territorial Bancorp Inc. Declares Special Dividend

HONOLULU, Nov. 15, 2012 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has declared a special cash dividend of $.10 per share payable on December 13, 2012 to shareholders of record as of November 29, 2012.

Territorial Bancorp Inc.

Territorial Bancorp Inc. Declares Dividend

HONOLULU, Nov. 1, 2012 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has approved an increase in its quarterly cash dividend on its common stock from $0.11 to $0.12 per share. The dividend is expected to be paid on November 29, 2012 to stockholders of record as of November 15, 2012.

Territorial Bancorp Inc.

Territorial Bancorp Inc. Announces Third Quarter 2012 Results

HONOLULU, Nov. 1, 2012 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announced net income of $3.6 million or $0.36 per basic and diluted share for the three months ended September 30, 2012, compared to $3.0 million or $0.28 per basic and diluted share for the three months ended September 30, 2011. Net income increased by $661,000 or 22.1% for the three months ended September 30, 2012, compared to the same period in 2011. The increase in earnings for the third quarter was primarily due to higher mortgage loan originations which in turn increased interest income and gain on sale of loans. The increase in earnings can also be attributed to lower interest expense on deposits and borrowings, a decrease in salaries and employee benefits costs and higher gain on sale of investment securities.

Territorial Bancorp Inc.

Territorial Bancorp Inc. Declares Dividend

HONOLULU, Aug. 2, 2012 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has approved a quarterly cash dividend on its common stock of $0.11 per share. The dividend is expected to be paid on August 30, 2012 to stockholders of record as of August 16, 2012. 

Territorial Bancorp Inc.

Territorial Bancorp Inc. Announces Second Quarter 2012 Results

HONOLULU, Aug. 2, 2012 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (Nasdaq:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announced net income of $3.8 million or $0.38 per basic and $0.37 per diluted share for the three months ended June 30, 2012, compared to $3.4 million or $0.31 per basic and $0.30 per diluted share for the three months ended June 30, 2011. Net income increased by $461,000 or 13.6% for the three months ended June 30, 2012, compared to the same period in 2011. The increase in the earnings for the second quarter was primarily due to higher mortgage loan originations, which in turn, increased the interest earned on loans. The increase in earnings can also be attributed to lower interest expense on deposits and borrowings, and greater gains on the sales of mortgage loans.