Iberiabank (IBKC) 8-K/A Results of Operations and Financial Condition

2Q08 Earnings Conference Call

Supplemental Materials

July 22, 2008

Exhibit 99.2

2

Forward Looking Statements

Safe Harbor

Statements contained in this presentation which are

Statements contained in this presentation which are

not historical facts and which pertain to future

not historical facts and which pertain to future

operating results of IBERIABANK Corporation and its

operating results of IBERIABANK Corporation and its

subsidiaries constitute “forward-looking statements”

subsidiaries constitute “forward-looking statements”

within the meaning of the Private Securities Litigation

within the meaning of the Private Securities Litigation

Reform Act of 1995. These forward-looking

Reform Act of 1995. These forward-looking

statements involve significant risks and uncertainties. 

statements involve significant risks and uncertainties. 

Actual results may differ materially from the results

Actual results may differ materially from the results

discussed in these forward-looking statements. 

discussed in these forward-looking statements. 

Factors that might cause such a difference include,

Factors that might cause such a difference include,

but are not limited to, those discussed in the

but are not limited to, those discussed in the

Company’s periodic filings with the SEC.

Company’s periodic filings with the SEC.

3

Introductory

Comments

4

Introductory Comments

Summary

Solid, Balanced Organic And Acquisition Growth

Solid, Balanced Organic And Acquisition Growth

Significant Asset Quality Improvement This Quarter

Significant Asset Quality Improvement This Quarter

Optimistic About Operating Leverage Opportunities

Optimistic About Operating Leverage Opportunities

Favorable Interest Rate And Credit Risk Positioning

Favorable Interest Rate And Credit Risk Positioning

ANB Acquisition Complete; Conversion This Month

ANB Acquisition Complete; Conversion This Month

Deposit Campaign & ANB: Margin/Earnings Pressure

Deposit Campaign & ANB: Margin/Earnings Pressure

Memphis Will Be A Very Good Growth Engine

Memphis Will Be A Very Good Growth Engine

We Avoided What Ails The Banking Industry

We Avoided What Ails The Banking Industry

Unique And Well Positioned For Future Opportunities

Unique And Well Positioned For Future Opportunities

5

Introductory Comments

Distinctively Different

One Of Oldest Banks In LA -

One Of Oldest Banks In LA -

March 12, 1887

March 12, 1887

No Toxic Investments

No Toxic Investments

Positioned Well For Mortgage Refinancing Wave

Positioned Well For Mortgage Refinancing Wave

Stable And Countercyclical Markets

Stable And Countercyclical Markets

Strong Tailwinds –

Strong Tailwinds –

Energy And Katrina Rebuild

Energy And Katrina Rebuild

Favorable Competitive Dynamics

Favorable Competitive Dynamics

Extremely Small C&D Exposure

Extremely Small C&D Exposure

Taking Corrective Action Early & Aggressively

Taking Corrective Action Early & Aggressively

Delivering On Long-Term Investments

Delivering On Long-Term Investments

Growth Opportunities

Growth Opportunities

6

Introductory Comments

Change In Stock Price

58%

27%

45%

47%

13%

-4%

16%

-21%

3%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

60%

2000

2001

2002

2003

2004

2005

2006

2007

YTD

2008

IBKC

S&P Banks

NASDAQ Banks

DJIA

S&P 500

Russell 2000

Source: Stifel Nicolaus, July 18, 2008

7

Asset Quality

8

Asset

Asset

Quality

Quality

Pulaski

Pulaski

Builder

Builder

Exposure

Exposure

# Of Loans

$ Funded

% Of Line

Average

Funded

Committed

Committed

%Total

Funded

$ Funded

Builder Loans

Memphis Area

16,044

$    

16,499

$   

79

35.7%

97%

203,086

$    

North Mississippi

4,028

4,028

21

9.0%

100%

191,832

$    

Little Rock

13,263

13,947

71

29.5%

95%

186,804

$    

Northeast Ark.

3,103

3,427

25

6.9%

91%

124,117

$    

Northwest Ark.

8,451

8,675

70

18.8%

97%

120,735

$    

Total

44,890

$    

46,577

$   

266

100.0%

96%

168,758

$    

On 3/31/08

53,321

$   

55,464

$   

307

100.0%

96%

173,683

$    

By Dollar Amount ($000)

Development

Lot

House <100%

House 100%

Development

House <100%

House 100%

Loans

Loans

Complete

Complete

Loans

Lots

Complete

Complete

Memphis Area

2,051

$         

4,102

$    

444

$           

9,447

$      

1

87

4

55

North Mississippi

-

484

-

3,544

0

10

0

17

Little Rock

2,275

762

1,580

8,646

1

52

9

49

Northeast Ark.

-

1,021

522

1,560

0

27

5

10

Northwest Ark.

-

1,376

260

6,816

0

24

3

45

Total

4,326

$         

7,745

$    

2,806

$        

30,013

$    

2

200

21

176

On 3/31/08

4,718

$        

9,051

$    

4,720

$       

34,832

$   

3

174

33

199

% Of Total -

6/30/08

10%

17%

6%

67%

1%

50%

5%

44%

% Of Total -

3/31/08

9%

17%

9%

65%

1%

43%

8%

49%

By Dollar Amount ($000)

Number

% Balance

Funded

Loans

Discounts &

%

Discounts &

Balance

Current

30-59

60-89

> 90

Nonaccrual

Reserves

Nonaccrual

Reserves

Builder Loans

Memphis Area

16,044

$

8,556

$  

427

$      

343

$      

-

$      

6,718

$     

1,864

$      

41.9%

11.62%

North Mississippi

4,028

-

-

-

-

4,028

557

100.0%

13.84%

Little Rock

13,263

8,960

974

-

-

3,328

429

25.1%

3.23%

Northeast Ark.

3,103

1,558

-

392

-

1,153

215

37.2%

6.94%

Northwest Ark.

8,451

5,460

1,787

440

-

764

823

9.0%

9.74%

Total

44,890

$

24,534

$

3,188

$   

1,175

$   

-

$      

15,993

$   

3,888

$      

35.6%

8.66%

On 3/31/08

53,321

$

29,115

$

5,198

$  

1,076

$  

514

$     

17,419

$  

3,855

$     

32.7%

7.23%

By Dollar Amount ($000)

# Of Days Past Due

9

Asset Quality

2Q08 Compared To Prior Quarters

($thousands)

4Q07

1Q08

2Q08

4Q07

1Q08

2Q08

4Q07

1Q08

2Q08

Nonaccruals

3,545

$       

4,408

$     

6,295

$     

32,562

$

29,698

$

24,534

$     

36,107

$   

34,107

$    

30,829

$   

OREO & Foreclosed

1,688

2,164

850

7,726

7,560

8,862

9,413

9,724

9,712

90+ Days Past Due

1,684

1,437

867

971

2,394

501

2,655

3,831

1,367

Nonperforming Assets

6,917

$       

8,009

$     

8,012

$     

41,259

$

39,652

$

33,897

$     

48,175

$   

47,662

$    

41,908

$   

NPAs/Assets

0.19%

0.22%

0.22%

3.14%

2.73%

2.12%

0.98%

0.93%

0.79%

NPAs/(Loans + OREO)

0.26%

0.30%

0.29%

5.06%

5.03%

4.10%

1.40%

1.39%

1.18%

LLR/Loans

0.93%

0.92%

0.92%

1.72%

1.89%

1.81%

1.12%

1.14%

1.12%

Net Charge-Offs/Loans

0.12%

0.10%

0.04%

0.14%

0.58%

0.35%

0.12%

0.21%

0.11%

Past Dues:

30-89 Days Past Due

10,042

$     

9,604

$     

7,842

$     

8,202

$  

9,725

$  

8,722

$       

18,244

$   

19,329

$    

16,564

$   

90+ days Past Due

1,684

1,437

867

971

2,394

501

2,655

3,831

1,367

Nonaccual

Loans

3,545

4,408

6,295

32,562

29,698

24,534

36,107

34,107

30,829

Total 30+ Past Dues

15,271

$     

15,449

$   

15,004

$   

41,735

$

41,817

$

33,756

$     

57,006

$   

57,267

$    

48,760

$   

% Loans

0.58%

0.58%

0.55%

4.93%

4.99%

3.88%

1.66%

1.69%

1.38%

Loan Mix:

Commercial

55.4%

55.7%

54.2%

63.0%

65.3%

65.8%

56.7%

57.1%

56.2%

Consumer

13.6%

13.9%

14.5%

22.8%

22.8%

22.8%

16.0%

16.3%

16.7%

Mortgage

19.5%

19.0%

18.1%

7.2%

7.2%

6.6%

16.8%

16.6%

15.8%

Business Banking

2.3%

2.3%

4.1%

0.0%

1.2%

1.1%

1.8%

2.1%

3.4%

Indirect

9.2%

9.1%

9.1%

0.0%

0.0%

0.0%

7.0%

7.0%

7.0%

Credit Cards

0.0%

0.0%

0.0%

7.0%

3.5%

3.7%

1.7%

0.9%

0.9%

Total Loans

100.0%

100.0%

100.0%

100.0%

100.0%

100.0%

100.0%

100.0%

100.0%

IBERIABANK Corporation

IBERIABANK

Pulaski Bank & Trust

10

Asset Quality

Trends –

Entity NPAs & Past Dues

(Dollars in $000s)

4Q06

1Q07

2Q07

3Q07

4Q07

1Q08

2Q08

$Chg

12/31/06

3/31/07

6/30/07

9/30/07

12/31/07

3/31/08

6/30/08

Last Qtr.

Nonaccrual

Louisiana

2,701

$       

3,100

$       

2,532

$       

2,994

$       

3,545

$       

4,408

$       

6,295

$       

1,887

$       

Pulaski

-

12,456

11,718

13,197

32,562

29,698

24,534

(5,164)

Consolidated

2,701

$       

15,556

$     

14,250

$     

16,191

$     

36,107

$     

34,107

$     

30,829

$     

(3,278)

$      

OREO & Foreclosed Assets

Louisiana

2,008

$       

2,439

$       

1,769

$       

1,937

$       

1,688

$       

2,164

$       

850

$          

(1,314)

$      

Pulaski

-

911

2,497

4,796

7,726

7,560

8,862

1,302

Consolidated

2,008

$       

3,350

$       

4,266

$       

6,733

$       

9,414

$       

9,724

$       

9,712

$       

(12)

$           

Accruing 90+ Days Past Due

Louisiana

310

$          

253

$          

914

$          

1,067

$       

1,684

$       

1,437

$       

867

$          

(570)

$         

Pulaski

-

142

1,670

4,046

971

2,394

501

(1,893)

Consolidated

310

$          

395

$          

2,584

$       

5,113

$       

2,655

$       

3,831

$       

1,367

$       

(2,464)

$      

Total NPAs

Louisiana

5,019

$       

5,793

$       

5,215

$       

5,998

$       

6,917

$       

8,009

$       

8,012

$       

3

$              

Pulaski

-

13,509

15,885

22,039

41,258

39,653

33,896

(5,757)

Consolidated

5,019

$       

19,302

$     

21,100

$     

28,037

$     

48,176

$     

47,662

$     

41,908

$     

(5,754)

$      

NPAs

/ Total Assets

Louisiana

0.16%

0.18%

0.16%

0.17%

0.19%

0.22%

0.22%

Pulaski

n.m.

0.98%

1.15%

1.61%

3.13%

2.73%

2.12%

Consolidated

0.16%

0.42%

0.45%

0.58%

0.98%

0.93%

0.79%

30-89 Days Past Due

Louisiana

5,303

$       

11,060

$     

6,671

$       

6,197

$       

10,042

$     

9,604

$       

7,842

$       

(1,762)

$      

Pulaski

-

8,055

10,592

9,030

8,202

9,725

8,722

(1,003)

Consolidated

5,303

$       

19,116

$     

17,263

$     

15,227

$     

18,244

$     

19,329

$     

16,564

$     

(2,765)

$      

30-89 Days PDs

/ Loans

Louisiana

0.24%

0.49%

0.28%

0.25%

0.38%

0.36%

0.29%

Pulaski

n.m.

1.05%

1.33%

1.05%

0.97%

1.25%

1.01%

Consolidated

0.24%

0.63%

0.54%

0.46%

0.53%

0.56%

0.47%

11

Asset Quality

Trends –

Entity LLR & Net COs

(Dollars in $000s)

4Q06

1Q07

2Q07

3Q07

4Q07

1Q08

2Q08

$Chg

12/31/06

3/31/07

6/30/07

9/30/07

12/31/07

3/31/08

6/30/08

Last Qtr.

Loan Loss Reserve*

Louisiana

29,922

$    

29,968

$    

27,999

$    

23,669

$    

24,417

$    

24,434

$    

24,962

$    

528

$        

Pulaski

-

8,743

9,827

12,044

13,868

14,769

14,791

22

Consolidated

29,922

$    

38,711

$    

37,826

$    

35,713

$    

38,285

$    

39,203

$    

39,753

$    

550

$        

LLR / Total Loans

Louisiana

1.34%

1.32%

1.17%

0.95%

0.93%

0.92%

0.92%

Pulaski

n.m.

1.14%

1.24%

1.47%

1.72%

1.89%

1.81%

Consolidated

1.34%

1.28%

1.19%

1.08%

1.12%

1.14%

1.12%

Net Charge-Offs

Louisiana

85

$           

54

$           

134

$         

230

$         

230

$         

678

$         

283

$         

(395)

$       

Pulaski

-

110

160

190

178

1,100

702

(398)

Consolidated

85

$           

164

$         

294

$         

420

$         

408

$         

1,778

$      

985

$         

(793)

$       

Net COs/Avg

Loans

Louisiana

0.02%

0.01%

0.02%

0.04%

0.12%

0.10%

0.04%

Pulaski

n.m.

0.09%

0.08%

0.09%

0.14%

0.58%

0.35%

Consolidated

0.02%

0.02%

0.04%

0.05%

0.12%

0.21%

0.11%

LLR Coverage Of NPAs

Louisiana

596%

517%

537%

395%

353%

305%

312%

Pulaski

n.m.

65%

62%

55%

34%

37%

44%

Consolidated

596%

201%

179%

127%

79%

82%

95%

*

Does not include loan discounts associated with acquisitions.

12

Asset Quality

Loan Mix And 30 Days+ Past Due

(Dollars in $000s)

4Q06

1Q07

2Q07

3Q07

4Q07

1Q08

2Q08

12/31/06

3/31/07

6/30/07

9/30/07

12/31/07

3/31/08

6/30/08

% of Outstandings

Commercial

51.7%

53.9%

54.8%

55.3%

56.7%

57.1%

56.2%

Mortgage

21.4%

20.3%

17.9%

17.6%

16.8%

16.6%

15.8%

Consumer

13.8%

14.8%

16.4%

16.4%

16.0%

16.3%

16.7%

Indirect

10.2%

7.5%

7.4%

7.3%

7.0%

7.0%

7.0%

Business Banking

2.5%

1.9%

1.9%

1.8%

1.8%

2.1%

3.4%

Credit Cards

0.4%

1.6%

1.6%

1.6%

1.7%

0.9%

0.9%

Total Loans

100.0%

100.0%

100.0%

100.0%

100.0%

100.0%

100.0%

Past Due 30+ Days*

Commercial

0.19%

1.30%

1.02%

1.21%

1.95%

2.00%

1.60%

Mortgage

0.28%

1.29%

1.06%

0.82%

1.06%

0.90%

0.95%

Consumer

0.76%

0.79%

1.54%

1.39%

1.74%

1.66%

1.45%

Indirect

0.90%

0.66%

0.65%

0.66%

1.21%

0.97%

0.75%

Business Banking

0.58%

0.43%

0.59%

0.04%

0.11%

1.30%

0.75%

Credit Cards

1.12%

0.72%

0.70%

0.94%

0.82%

1.44%

1.02%

Total Loans

0.37%

1.15%

1.07%

1.10%

1.66%

1.69%

1.38%

Louisiana

0.37%

0.64%

0.42%

0.41%

0.59%

0.59%

0.55%

Pulaski

n.m.

2.70%

3.02%

3.04%

4.93%

4.99%

3.88%

Consolidated

0.37%

1.15%

1.07%

1.10%

1.66%

1.69%

1.38%

*

Includes nonaccruing

loans

13

Asset Quality

Legacy –

Classified Assets

Note: Classified Assets Include Substandard, Doubtful and Loss

Note: Classified Assets Include Substandard, Doubtful and Loss

$-

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

Classified Assets -

Legacy IBERIABANK

Loss

Doubtful

Substandard

14

Asset Quality

Loan Loss Reserve

Louisiana Franchise –

Louisiana Franchise –

Improved Situation

Improved Situation

•

•

85% Of LA Loan Portfolio Is In South Louisiana

85% Of LA Loan Portfolio Is In South Louisiana

•

•

South Louisiana Credits Performing Very Well

South Louisiana Credits Performing Very Well

•

•

Classified Assets And NPAs Remain Strong

Classified Assets And NPAs Remain Strong

•

•

$0.8 Million Loan Loss Provision In 2Q08 (1Q08 = $0.7 Million)

$0.8 Million Loan Loss Provision In 2Q08 (1Q08 = $0.7 Million)

Pulaski Franchise –

Pulaski Franchise –

Mixed Situation

Mixed Situation

•

•

Most Of Loan Portfolio Is In Very Good Shape

Most Of Loan Portfolio Is In Very Good Shape

•

•

Construction Portfolio Improving

Construction Portfolio Improving

•

•

Aggressively Addressing Potential Problems

Aggressively Addressing Potential Problems

•

•

$0.7 Million Loan Loss Provision in 2Q08 (1Q08 = $2.0 Million)

$0.7 Million Loan Loss Provision in 2Q08 (1Q08 = $2.0 Million)

$1.0 Million In Net Charge-

$1.0 Million In Net Charge-

Offs In 2Q08 (0.11% Loans)

Offs In 2Q08 (0.11% Loans)

Reversal In “Change In

Reversal In “Change In

Asset Quality”

Asset Quality”

Due To

Due To

Loan Sale In 2Q08

Loan Sale In 2Q08

3Q07

4Q07

1Q08

2Q08

Net Charge-Offs

420

$     

1,029

$  

1,803

$

960

$     

Loan Growth

1,378

1,375

(63)

1,302

Change In Asset Quality

(3,491)

1,198

955

(725)

Loan Loss Provision

(1,693)

$ 

3,602

$  

2,695

$

1,537

$  

Net Charge-Offs/Avg. Loans

0.05%

0.12%

0.22%

0.11%

Loan Loss Reserve/Loans

1.08%

1.12%

1.14%

1.12%

15

Asset Quality

C&D Loans

Compared To

Peers

Source: SNL, using most recent quarterly information

Source: SNL, using most recent quarterly information

One Of The Lowest

One Of The Lowest

Levels Of C&D Loan

Levels Of C&D Loan

Exposure Compared

Exposure Compared

To Peers

To Peers

One Of The Highest

One Of The Highest

Levels Of C&D

Levels Of C&D

Nonaccrual Loans

Nonaccrual Loans

Addressing C&D

Addressing C&D

Exposure Assertively

Exposure Assertively

5%

14%

16%

17%

17%

18%

23%

32%

37%

40%

0%

5%

10%

15%

20%

25%

30%

35%

40%

IBKC

SFNC

CCBG

TRMK

HBHC

BXS

WTNY

SBCF

OZRK

UCBI

Construction & Land Development Loans / Total Loans

(Most Recent Quarter Information)

0%

0%

0%

1%

2%

3%

3%

4%

9%

10%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%

11.0%

BXS

OZRK

UCBI

SFNC

HBHC

WTNY

CCBG

TRMK

SBCF

IBKC

C&D Nonaccruals / Total C&D Loans

(Most Recent Quarter Information)

16

Note: Includes commercial construction and land development loans

Asset Quality

Commercial Real Estate Portfolio

IBERIABANK

Pulaski

Bank

TOTAL

Non-Owner

Occupied

Current

453.3

$         

183.8

$       

637.1

$       

Past Due

-

4.6

4.6

Nonaccrual

0.9

18.6

19.5

Total

454.2

$         

207.0

$       

661.2

$       

% Nonaccrual

0.19%

8.98%

2.94%

Owner

Occupied

Current

559.6

$         

143.7

$       

703.3

$       

Past Due

1.9

0.5

2.5

Nonaccrual

2.3

1.8

4.1

Total

563.8

$         

146.0

$       

709.9

$       

% Nonaccrual

0.41%

1.21%

0.58%

Total CRE

1,018.0

$      

353.0

$       

1,371.0

$    

% Nonaccrual

0.31%

5.77%

1.72%

17

Consumer Loan

Portfolio

18

Consumer Portfolio

By Product –

Credit Quality

Note: Excludes Credit Cards

Note: Excludes Credit Cards

Volume

Score

Volume

Score

Volume

Score

Direct Consumer

335.6

$       

718

178.7

$    

719

514.3

$    

718

HELOC

85.4

725

14.3

736

99.7

727

Home Equity Loans

173.7

726

141.2

723

314.9

725

Unsecured

36.6

687

7.8

685

44.4

687

Other Secured

39.9

694

15.4

690

55.3

693

Indirect Auto

220.8

707

-

-

220.8

707

Total

892.0

$       

715

357.4

$    

719

1,249.4

$ 

716

Consumer Portfolio - Product Type And Average Score

IBERIABANK

Pulaski

IBERIABANK Corp

Score

Intervals

Direct

Consumer

HELOC

Home

Equity

Loans

Unsecured

Other

Secured

Indirect

Auto

Total

800 +

12%

10%

14%

6%

11%

11%

12%

750 -

799

30%

29%

32%

20%

20%

24%

28%

700 -

749

22%

28%

23%

22%

20%

19%

22%

650 -

699

16%

16%

16%

19%

18%

18%

17%

600 -

649

8%

9%

7%

13%

12%

10%

9%

550 -

599

5%

4%

4%

8%

8%

5%

5%

500 -

549

3%

2%

3%

6%

6%

4%

3%

450 -

499

1%

1%

1%

2%

2%

1%

1%

400 -

449

0%

0%

0%

0%

0%

0%

0%

Other

2%

1%

1%

4%

3%

7%

3%

Total

100%

100%

100%

100%

100%

100%

100%

Avg. Score

718

727

725

687

693

707

716

Consumer Portfolio -

Score Distribution By Product

19

Consumer

Consumer

Portfolio

Portfolio

Product Credit

Product Credit

Quality

Quality

Exceptional

Exceptional

Quality & Good

Quality & Good

2Q08 Trends

2Q08 Trends

$75mm in 2

$75mm in 2

nd

Mortgages (Only

Mortgages (Only

0.45% Past Due)

0.45% Past Due)

$48mm Of 2

$48mm Of 2

nd

Mortgages Are

Mortgages Are

Insured Up To

Insured Up To

10% ($4.8mm)

10% ($4.8mm)

6/30/07

9/30/07

12/31/07

3/31/08

6/30/08

Home Equity Lines of Credit

30 to 59 Days Past Due

0.28%

0.63%

0.44%

1.10%

0.34%

60 to 89 Days Past Due

0.07%

0.09%

0.15%

0.04%

0.02%

Over 90 Days Past Due

0.00%

0.02%

0.00%

0.10%

0.06%

Total 30+ Days Past Due

0.36%

0.75%

0.59%

1.24%

0.43%

Net Charge-Offs

-0.10%

0.31%

0.12%

0.00%

0.02%

Home Equity Term Loans

30 to 59 Days Past Due

0.76%

0.71%

0.96%

0.85%

0.35%

60 to 89 Days Past Due

0.25%

0.15%

0.17%

0.07%

0.30%

Over 90 Days Past Due

0.29%

0.22%

0.13%

0.10%

0.11%

Total 30+ Days Past Due

1.29%

1.08%

1.26%

1.03%

0.77%

Net Charge-Offs

-0.01%

0.06%

-0.02%

0.04%

0.01%

Indirect Auto Loans

30 to 59 Days Past Due

0.33%

0.35%

0.71%

0.49%

0.34%

60 to 89 Days Past Due

0.05%

0.05%

0.15%

0.08%

0.04%

Over 90 Days Past Due

0.01%

0.04%

0.12%

0.03%

0.07%

Non Accrual

0.28%

0.23%

0.27%

0.39%

0.33%

Total 30+ Days PD + NAs

0.67%

0.68%

1.24%

1.00%

0.78%

Net Charge-Offs

0.25%

0.14%

0.18%

0.45%

0.14%

Credit Card Loans

30 to 59 Days Past Due

0.21%

0.42%

0.36%

0.49%

0.35%

60 to 89 Days Past Due

0.14%

0.16%

0.10%

0.26%

0.30%

Over 90 Days Past Due

0.35%

0.36%

0.36%

0.68%

0.37%

Total 30+ Days Past Due

0.70%

0.94%

0.82%

1.44%

1.02%

Net Charge-Offs

0.99%

1.81%

0.71%

2.95%

1.57%

Other Consumer Loans

30 to 59 Days Past Due

0.90%

1.10%

1.53%

1.63%

1.20%

60 to 89 Days Past Due

0.25%

0.15%

0.36%

0.29%

0.90%

Over 90 Days Past Due

0.25%

0.04%

0.15%

0.14%

0.10%

Total 30+ Days Past Due

1.40%

1.29%

2.04%

2.05%

2.20%

Net Charge-Offs

0.27%

0.82%

0.69%

0.66%

1.36%

Consumer Portfolio -

Quarterly Credit Statistics

Loans Past Due As % Of Product Loans

HOME EQUITY PORTFOLIO -

BALANCES BY ZIP CODE

Acadiana 38%

Monroe/ Ruston 9%

New Orleans/

Northshore 8%

Little Rock 10%

Jonesboro 9%

Tulsa 10%

NW Arkansas 2%

Memphis 1%

Home

Home

Equity

Equity

Portfolio:

Portfolio:

LA = 61%

LA = 61%

AR = 23%

AR = 23%

OK = 12%

OK = 12%

21

Consumer Portfolio

By Product –

Credit Quality

9%

46%

33%

12%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

3Q07

4Q07

1Q08

2Q08

Quarter

Originations - Product Total %

Home Equity 2nd

Home Equity 1st

HELOC 2nd

HELOC 1st

22

Consumer Portfolio

By Product –

Credit Quality

Loan-to-Values At Time Of Origination

52%

76%

70%

83%

73%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

3Q07

4Q07

1Q08

2Q08

Quarter

HELOC 1st

HELOC 2nd

Home Equity 1st

Home Equity 2nd

Total

23

INDIRECT AUTOMOBILE PORTFOLIO -

BALANCES BY ZIP CODE

Acadiana 79%

Monroe/ Ruston 5%

98% Of

98% Of

Indirect Auto

Indirect Auto

Portfolio Is

Portfolio Is

In Louisiana

In Louisiana

24

Consumer Portfolio

Indirect –

30+ Days Past Dues

Note: Excludes Nonaccruing

Loans

Indirect Auto Portfolio

Loans Past Due 30 Days Or More

0.00%

0.20%

0.40%

0.60%

0.80%

1.00%

1.20%

1.40%

1.60%

1.80%

2.00%

2.20%

2.40%

Month

25

Consumer Portfolio

Indirect –

Net Charge-Offs

Indirect Auto Portfolio

Annualized Net Charge-Offs As % Of Loans

0.00%

0.20%

0.40%

0.60%

0.80%

1.00%

1.20%

1.40%

1.60%

1.80%

2.00%

2.20%

2.40%

Month

26

Financial Overview

27

Financial Overview

Favorable Balance Sheet Growth

2Q08 Results

2Q08 Results

•

•

Loans +$116mm, +3%

Loans +$116mm, +3%

•

•

Deposits +$225mm +6%

Deposits +$225mm +6%

•

•

Loan/Deposits = 88%

Loan/Deposits = 88%

•

Equity -$2mm, 0%

•

•

Equity/Assets = 9.57%

Equity/Assets = 9.57%

•

•

Tier 1 Leverage = 7.24%

Tier 1 Leverage = 7.24%

•

•

Div Payout = 46%

Div Payout = 46%

•

•

ROA = 0.73%

ROA = 0.73%

•

•

ROE = 7.45%

ROE = 7.45%

•

•

ROTE = 15.70%

ROTE = 15.70%

•

•

Efficiency Ratio = 72.9%

Efficiency Ratio = 72.9%

•

•

Tang Eff. Ratio = 69.9%

Tang Eff. Ratio = 69.9%

•

•

BV/Share = $39.49

BV/Share = $39.49

•

•

Tang BV/Share = $19.27

Tang BV/Share = $19.27

$600

$1,000

$1,400

$1,800

$2,200

$2,600

$3,000

$3,400

$3,800

$4,200

Loans

Deposits

Quarterly Averages

Annual Average Balances

-1%

20%

17

17%

22%

34%

1%

3%

7%

4%

13

%

16%

18%

9%

15%

12%

17

11%

14%

13%

8%

16%

46%

56%

36%

42%

55%

46%

52%

43%

45%

52%

23%

15%

15%

12%

28

Base

Blue

Forward

Change In:

-200 bp

-100 bp

Case

+100 bp

+200 bp

Chip

Curve

Net Interest

Income

-5%

-1%

0%

1%

3%

0%

0%

Economic

Value of

Equity

-4%

-1%

0%

1%

1%

--

--

Financial Overview

Interest Rate Simulations

Source: Bancware

Source: Bancware

Bancware

model, as of June 30, 2008

model, as of June 30, 2008

As Rates Have Fallen, Become Slightly Asset Sensitive

As Rates Have Fallen, Become Slightly Asset Sensitive

Degree Is A Function Of The Reaction Of Competitors To

Degree Is A Function Of The Reaction Of Competitors To

Changes In Deposit Pricing

Changes In Deposit Pricing

Forward Curve Has Little Projected Impact Over 12 Months

Forward Curve Has Little Projected Impact Over 12 Months

29

Financial Overview

Trends -

Mortgage Interest Rates

Source: National Home Builders Association

Source: National Home Builders Association

Mortgage

Mortgage

Rates Have

Rates Have

Converged

Converged

Since 2003

Since 2003

Spike Down

Spike Down

In Early 2008

In Early 2008

Rates Have

Rates Have

Trended Up

Trended Up

Since Early

Since Early

2008

2008

Refinance

Refinance

Activity

Activity

Slowed

Slowed

Considerably

Considerably

(For Us: 18%

(For Us: 18%

Recently)

Recently)

Mortgage Interest Rate Trend

6.35%

5.89%

5.89%

5.18%

3.00

3.50

4.00

4.50

5.00

5.50

6.00

6.50

7.00

30-year

15-year

5/1 ARM

Adjustable

30-Year Fixed

Adjustable

5/1 ARM

15-Year Fixed

30

Financial Overview

Trends –

Jumbo Mortgage Rates

Source: Bloomberg on July 20, 2008

Source: Bloomberg on July 20, 2008

Subprime Mtg.

Subprime Mtg.

Market Gone

Market Gone

Alt-A Market Is

Alt-A Market Is

Stalled

Stalled

Jumbo Market

Jumbo Market

Spreads Are

Spreads Are

Very Wide

Very Wide

Shift From

Shift From

These

These

Products To

Products To

FHA/VA &

FHA/VA &

Conforming

Conforming

Almost Half Of

Almost Half Of

Our Production

Our Production

Is Now FHA/VA

Is Now FHA/VA

Weekly National 30-Year Mortgage Rates

6.31%

7.71%

5.00%

5.25%

5.50%

5.75%

6.00%

6.25%

6.50%

6.75%

7.00%

7.25%

7.50%

7.75%

8.00%

8.25%

Conforming

Jumbo

31

Financial Overview

Mortgage Quarterly Revenues

Closed $987mm

Closed $987mm

In Full Year 2007

In Full Year 2007

In 2Q08 Closed

In 2Q08 Closed

$268mm (+8%

$268mm (+8%

Vs. 1Q08)

Vs. 1Q08)

In 2Q08 Sold

In 2Q08 Sold

$267mm (+16%

$267mm (+16%

Vs. 1Q08)

Vs. 1Q08)

2Q08 Vs. 1Q08:

2Q08 Vs. 1Q08:

+30% Increase

+30% Increase

In Mortgage

In Mortgage

Revenues

Revenues

$70 Million

$70 Million

Locked Pipeline

Locked Pipeline

On 6/30/08

On 6/30/08

$-

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

$4.0

$4.5

$5.0

$5.5

$6.0

$6.5

2003

2004

2005

2006

2007

2008

Mortgage Gains On Sale Of Loans

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

**

**

Assumes Pulaski's acquisition of IBERIABANK Mortgage beginning in February 2007

32

Financial Overview

Title Insurance Qtrly

Revenues

Completed And

Completed And

Integrated

Integrated

United Title-LA

United Title-LA

In April 2007

In April 2007

And American

And American

Abstract In

Abstract In

March 2008

March 2008

2007: 14,634

2007: 14,634

Closings (+9%)

Closings (+9%)

& Revenues Of

& Revenues Of

$18mm (+22%)

$18mm (+22%)

2Q08: $5.5mm In

2Q08: $5.5mm In

Revenues (+21%

Revenues (+21%

Vs. 1Q08)

Vs. 1Q08)

$-

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

$4.0

$4.5

$5.0

$5.5

$6.0

$6.5

2003

2004

2005

2006

2007

2008

Title Insurance Revenues

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

*

*

Includes United Title in April 2007

**

**

Includes American Abstract in March 2008

33

Markets

34

Markets

Memphis Opportunity

$28 Billion Deposit

$28 Billion Deposit

Memphis Market Is

Memphis Market Is

A Unique Growth

A Unique Growth

Opportunity For Us

Opportunity For Us

Large & Small

Large & Small

Banks Have

Banks Have

Experienced

Experienced

Difficulties

Difficulties

We Recently

We Recently

Recruited 5 New

Recruited 5 New

Team Members

Team Members

$19mm Deposits &

$19mm Deposits &

$62mm In Credits

$62mm In Credits

(Funded/Unfunded 

(Funded/Unfunded 

& In Pipeline)

& In Pipeline)

Source: FDIC For Memphis MSA At June 30, 2007

Source: FDIC For Memphis MSA At June 30, 2007

Bank of

America

3.4%

BancorpSouth

3.4%

SunTrust

5.9%

Regions

12.7%

First Horizon

50.2%

35

Markets -

Markets -

Branches

Branches

Branch Expansion Initiative

Branch Expansion Initiative

Period-End Loan And Deposit Volumes

14 Offices

14 Offices

2Q08 Loans

2Q08 Loans

Of $116 mm

Of $116 mm

(+109% Over

(+109% Over

1-Year)

1-Year)

2Q08

2Q08

Deposits Of

Deposits Of

$209 mm

$209 mm

(+142%

(+142%

Over 1-

Over 1-

Year)

Year)

$-

$25

$50

$75

$100

$125

$150

$175

$200

$225

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

3Q07

4Q07

1Q08

2Q08

Deposits

Loans

36

Markets –

Branches

Historical Office Optimization

Entered 3 New Markets

Entered 3 New Markets

Acquired 12 Offices (All)

Acquired 12 Offices (All)

Closed/Consolidated 18

Closed/Consolidated 18

Offices (All Types)

Offices (All Types)

Opened 10 New Bank

Opened 10 New Bank

Offices

Offices

Opened 7 Mortgage

Opened 7 Mortgage

Offices

Offices

Divested/Sold 1 Office

Divested/Sold 1 Office

5 Office Realignments

5 Office Realignments

Entered 13 New Markets

Entered 13 New Markets

Acquired 94 Offices (All)

Acquired 94 Offices (All)

Closed/Consolidated 17

Closed/Consolidated 17

Offices (All Types)

Offices (All Types)

Opened 9 New Bank

Opened 9 New Bank

Offices

Offices

Opened 6 Mortgage

Opened 6 Mortgage

Offices

Offices

Opened 1 Title Office

Opened 1 Title Office

11 Office Realignments

11 Office Realignments

1999 Through 2005

1999 Through 2005

Since 2005

Since 2005

37

Markets –

Local Economies

Oil & Gas Impact

Source: Bloomberg on July 20, 2008

Source: Bloomberg on July 20, 2008

$10.54

$128.88

$-

$2.00

$4.00

$6.00

$8.00

$10.00

$12.00

$14.00

$16.00

$-

$20.00

$40.00

$60.00

$80.00

$100.00

$120.00

$140.00

$160.00

Natural Gas (Left Scale)

Crude Oil (Right Scale)

Natural Gas

Crude Oil

38

Markets –

Local Economies

Oil & Gas –

Louisiana

The Gulf Of Mexico

The Gulf Of Mexico

Accounts For:

Accounts For:

1/3 Of U.S. Oil

1/3 Of U.S. Oil

Production

Production

20% Of U.S. Natural

20% Of U.S. Natural

Gas Production

Gas Production

LA Ranks 4

LA Ranks 4

th

In U.S. Crude Oil Production

In U.S. Crude Oil Production

2 of 4 U.S. Strategic Petro Reserves in LA

2 of 4 U.S. Strategic Petro Reserves in LA

LA Processes 1/5 Of Foreign Crude In US

LA Processes 1/5 Of Foreign Crude In US

2

2

nd

Highest Petro Products Processed

Highest Petro Products Processed

LA Ranks 2

LA Ranks 2

nd

In Natural Gas Production

In Natural Gas Production

39

Markets –

Local Economies

Oil & Gas –

Fayetteville Shale

Source: State Of Arkansas Oil & Gas Commission

Source: State Of Arkansas Oil & Gas Commission

40

Markets –

Local Economies

Big Local Economic Influences

Fayetteville Shale Play (10 Counties In Arkansas)

Fayetteville Shale Play (10 Counties In Arkansas)

•

•

Estimated Benefit Over 10-15+ Years

Estimated Benefit Over 10-15+ Years

•

•

2003-05: $158MM Direct; $190MM Total

2003-05: $158MM Direct; $190MM Total

•

•

2005-08 Estimated: $3.8 Bil. Direct; $5.5 Bil. Total

2005-08 Estimated: $3.8 Bil. Direct; $5.5 Bil. Total

•

•

Estimated: 9,683 Jobs And Add $358MM In Taxes

Estimated: 9,683 Jobs And Add $358MM In Taxes

Haynesville Shale Play (Shreveport/Bossier City, LA)

Haynesville Shale Play (Shreveport/Bossier City, LA)

•

•

Potential Significant Play In The Very Early Stages

Potential Significant Play In The Very Early Stages

Cyberspace Command (Shreveport/Bossier City, LA)

Cyberspace Command (Shreveport/Bossier City, LA)

•

•

Current “Provisional HQ”; In The Running For Final

Current “Provisional HQ”; In The Running For Final

•

•

Estimated: 10,000+ Jobs With Avg. Salary = $70,000

Estimated: 10,000+ Jobs With Avg. Salary = $70,000

Katrina/Rita Rebuilding (South Louisiana)

Katrina/Rita Rebuilding (South Louisiana)

•

•

Latest Cost Estimate: $127 Billion

Latest Cost Estimate: $127 Billion

•

•

Average Of $425,000 Per Person

Average Of $425,000 Per Person

41

Markets –

Local Economies

Housing’s Share Of State GDP

Source: NAHB; Figures represent 2005 levels as indicative of peak period

US Average: 16.6%

Arkansas: 12.4%

Mississippi: 12.1%

Louisiana: 9.4%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

Nevada

Hawaii

Florida

Arizona

California

Maryland

Colorado

Idaho

Montana

Oregon

New Jersey

Virginia

Washington

New

Vermont

Rhode Island

Utah

Maine

South Carolina

Massachusett

United States

Illinois

Minnesota

New York

Georgia

North Carolina

Wisconsin

Michigan

Connecticut

Tennessee

Pennsylvania

Missouri

New Mexico

Ohio

Indiana

Alabama

Kentucky

Kansas

Wyoming

West Virginia

Arkansas

Iowa

Oklahoma

Mississippi

Nebraska

Texas

Delaware

South Dakota

North Dakota

District of

Alaska

Louisiana

Housing Share Of State GDP

Nationwide,

Housing

Peaked In 2005

Housing Was A

Substantial

Contributor To

State Economic

Growth--Now

Working In

Reverse

Our Markets:

Minimal Impact

42

Markets –

Local Economies

Unemployment –

Vs. U.S. MSAs

43

Markets -

Housing

Local –

Lafayette Home Inventory

Acadiana

Acadiana

Housing

Housing

Inventory

Inventory

Declined In

Declined In

The First

The First

Half Of 2008

Half Of 2008

Remains

Remains

40% Below

40% Below

The National

The National

Average For

Average For

Housing

Housing

Supply

Supply

Source: Van Eaton & Romero and Bloomberg

Source: Van Eaton & Romero and Bloomberg

Acadiana

Region -

Months Supply Of Housing

10.8

10.9

6.4

7.1

-

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

11.0

12.0

Sep 05

Mar 06

Dec 06

Feb 07

Jun 07

Sep 07

Oct 07

Nov 07

Dec 07

Feb 08

Mar 08

Jun 08

U.S. Average-Existing Homes

U.S. Average-New Homes

Lafayette-All Properties

All Acadiana

Parishes

44

Summary Of IBKC

Industry Operating Environment--Challenging

Industry Operating Environment--Challenging

•

•

Housing

Housing

•

•

Credit Risk

Credit Risk

•

•

Interest Rate Risk

Interest Rate Risk

•

•

Operations Risk

Operations Risk

We Tend To Move “Ahead Of The Curve”

We Tend To Move “Ahead Of The Curve”

Focus On Long-Term Investments & Payback

Focus On Long-Term Investments & Payback

Organic And External Growth

Organic And External Growth

Both Expense Control And Revenue Growth

Both Expense Control And Revenue Growth

EPS/Stock Price Linkage -

EPS/Stock Price Linkage -

Shareholder Focus

Shareholder Focus

Favorable Risk/Return Compared To Peers

Favorable Risk/Return Compared To Peers