Iberiabank 8K oration Reports Record Yearly Results For Fourth Quarter | IBKC 28 Jan 10

4Q09 Earnings Conference Call

Supplemental Materials

January 27, 2009

Exhibit 99.2

Forward Looking Statements

Safe Harbor

Statements contained in this presentation which are

not historical facts and which pertain to future

operating results of IBERIABANK Corporation and its

subsidiaries constitute “forward-looking statements”

within the meaning of the Private Securities Litigation

Reform Act of 1995. These forward-looking

statements involve significant risks and uncertainties.

Actual results may differ materially from the results

discussed in these forward-looking statements.

Factors that might cause such a difference include,

but are not limited to, those discussed in the

Company’s periodic filings with the SEC.

Introductory

Comments

Introductory Comments

Summary -

Position

Favorable Balance Sheet Composition

Very Balanced; Core Funded; Low C&D Exposure

Continued Good Asset Quality; Extraordinary Capital

Favorable Interest Rate And Credit Risk Positioning

$20

Million Unrealized Gain In Investment Portfolio,

Excluding Acquisitions (down from $29

million)

Future Growth Engines in Multiple Markets

Strategic

Recruiting

Continued

During

The

Quarter

We Avoided What Ails The Banking Industry

Remain Well Positioned For Future Opportunities

Corporate Overview

Year-End 2009

Deposit Market Share as of June 30, 2009

Source: SNL Financial

Map Reflects Locations as of January 27, 2010

NASDAQ Traded IBKC

Headquarters

Lafayette, LA

Founded

1887

Market Cap

Locations 209

FTE’s 1,863

Asset Size

Deposits

Loans

Clients 216,000

Arkansas

36 Branches

$964 mm deposits

#12 Rank

33 Non-bank Offices

Texas

2 Branches

Opened in 2009

Not Yet Ranked

3 Non-bank Offices

Louisiana

51 Branches

$3.14

bil

deposits

#5 Rank

22 Non-bank Offices

Alabama

10 Branches

$411 mm deposits

#23 Rank

4 Non-bank Offices

Florida

35 Branches

$2.96

bil

deposits

#20 Rank

1 Non-bank Office

Tennessee

2 Branches

$101 mm deposits

#145 Rank

1 Non-bank Office

Subsidiaries

IBERIABANK

IBERIABANK fsb

Lenders Title

$ 1.2 Billion

$ 9.7 Billion

$ 7.6 Billion

$ 5.8 Billion

Introductory Comments

Annual Change In Stock Price

Source: Bloomberg data through December 31, 2009

Introductory Comments

Last 12 Months Price Change By Index

Source: SNL Through January 19, 2010

(30.0)

(20

.0)

(10.0)

30.0

40.0

70.0

80.0

SNL Micro Cap Bank

SNL Bank $ 1B-$5B

SNL Bank < $ 250 M

SNL Small Cap Bank

SNL Bank < $ 500M

SNL Bank $250M-$500M

SNL Bank $500 M-$1B

NASDAQ Bank

SNL Bank $5B-$10B

SNL Midwest Bank

SNL Mid Cap Bank

NASDAQ Finl

SNL New England Bank

SNL Southwest Bank

S&P 500

Russell 3000

NYSE

S&P Small-Cap

Russell 2000

S&P Bank

SNL Western Bank

S&P Mid-Cap

SNL All Financial Institutions

SNL Bank

IBKC

KBW Bank

NASDAQ

SNL Mid-Atlantic Bank

SNL Bank > $ 10B

S&P Financials

SNL TARP Participants

SNL Large Cap Bank

SNL Southeast Bank

Introductory Comments

3 Years Price Change By Index

Source: SNL Through January 19, 2010

(80.0)

(70

.0)

(60.0)

(50.0)

(40

.0)

(30.0)

(20.0)

(10.0)

SNL Southeast Bank

S&P Bank

SNL Mid Cap Bank

SNL Micro Cap Bank

SNL Bank < $ 250 M

KBW Bank

SNL TARP Participants

S&P Financials

SNL Bank < $ 500 M

SNL Bank > $ 10 B

SNL Bank $ 250M-$500M

SNL Mid-Atlantic Bank

SNL Bank

SNL Bank $ 1B-$5B

SNL Midwest Bank

SNL Small Cap Bank

SNL Large Cap Bank

SNL Bank $ 500M-$1B

SNL All Financial Institutions

NASDAQ Bank

SNL Bank $ 5 B-S10 B

SNL Southwest Bank

SNL New England Bank

NASDAQ Finl

SNL Western Bank

S&P 500

NYSE

Russell 3000

Russell 2000

S&P Small-Cap

S&P Mid-Cap

NASDAQ

IBKC

-2%

Introductory Comments

Strategic Goals & Priorities

•

Double-Digit Annual EPS Growth

•

ROTE Of 23% -

25%

•

Bank Tangible Efficiency < 50%

•

Top Quartile Asset Quality

•

Develop Memphis, Mobile & Houston

•

Deepen Share In Little Rock, Baton Rouge,

New Orleans, And Shreveport

•

Expand Investment Management Business

•

Provide Depth For Unusual Opportunities

•

Grind Our Way Through The Credit Cycle

Strategic

Goals

18-Month

Priorities

Financial Overview

Introductory Comments

Summary –

4Q09 and 12/31/09

T/E Net Interest Income Up $17.2mm (+41%)

Credit Quality Statistics Excluding FDIC Covered Assets:

NPA/Assets = 0.91% (0.93% in 3Q09)

30+ Days Past Due = 1.67 % (1.32% in 3Q09)

Loan Loss Reserve/Loans = 1.36% (1.24% in 3Q09)

Net COs/Avg

Loans = 0.18% (2.26% in 3Q09)

Provision = $9mm ($25 in 3Q09)

$170 mm FAS 141R Acquisition Gains ($58 mm in 3Q09)

$ 0.8mm Investment Sale Gains in 4Q09 ($0.0mm Gain in 3Q09)

Goodwill Impairment Of $9.7 mm in 4Q09

One-Time Acquisition Merger Related Costs = $7.9 mm ($0.6 in

3Q09)

EPS = $5.23, Up 332%

Financial Overview

Favorable Balance Sheet Growth

4Q09 Results

•

Loans +$1,486mm, +35%

•

Deposits +$2,780mm +58%

•

Loan/Deposits = 82%

•

Equity = +$104mm, +12%

•

Equity/Assets = 11.24%

•

Tier 1 Leverage = 9.90%

•

Div Payout = 6.5%

•

ROA = 5.29%

•

ROE = 46.94%

•

ROTE = 66.26%

•

Efficiency Ratio = 30%

•

Tang Eff. Ratio = 29%

•

BV/Share = $46.04

•

Tang BV/Share = $33.53

Quarterly Averages

Annual Average Balances

$600

$1,000

$1,400

$1,800

$2,200

$2,600

$3,000

$3,400

$3,800

$4,200

$4,600

$5,000

$5,400

-1%

20%

17%

22%

34%

13%

15%

12%

17%

15%

14%

52%

43%

10%

12%

64%

95%

19%

20%

55%

89%

$5,800

$6,200

$6,600

$7,000

$7,400

Loans

Deposits

Financial Overview

Organic and Acquired Growth

Financial Overview

Organic and Acquired Growth

($ in thousands)

Reported

CapitalSouth

3Q09

Organic

Reported

Orion

Century

4Q09 Organic

Reported

6/30/2009

Acquisition *

Growth

9/30/2009

Acquisition *

Growth

12/31/2009

Assets

Investments

1,023,388

46,027

26,404

1,095,819

230,968

22,128

231,922

1,580,837

Loans

3,829,326

366,788

102,298

4,298,412

961,094

417,561

107,298

5,784,365

Allowance

(46,329)

(2,462)

(48,791)

(6,977)

(55,768)

OREO

17,352

9,556

(3,947)

22,961

28,505

21,150

1,475

74,091

Other Assets

878,890

188,152

31,924

1,098,966

1,141,120

351,170

(274,379)

2,316,877

Total Assets

5,702,627

610,523

154,217

6,467,367

2,361,687

812,009

59,339

9,700,402

Liabilities

Deposits

4,172,895

517,153

85,685

4,775,733

1,883,087

615,815

281,513

7,556,148

L/T Borrowings

538,161

30,624

(42,679)

526,106

344,689

143,006

(267,937)

745,864

Total Liabilities

5,042,053

552,693

22,040

5,616,786

2,288,952

780,274

60,175

8,746,187

Equity

660,574

57,830

132,177

850,581

72,735

31,735

(836)

954,215

Liabs

& Equity

5,702,627

610,523

154,217

6,467,367

2,361,687

812,009

59,339

9,700,402

Unaudited. Derived from financial information furnished by the FDIC at acquisition.

Subsequently revised to include fair value adjustments

Financial Overview

Trends -

Mortgage Interest Rates

Source: Bloomberg

Conforming

Rates

Remain Low

Refi

Activity

Beginning To

Moderate

Sales

Spreads

Remain

Favorable

Improved

Competitive

Dynamics In

Mortgage

Business

Nov

Feb

May

Aug

Nov

Feb

May

Aug

Nov

Feb

May

Aug

Nov

Feb

May

Aug

Nov

Feb

May

Aug

Nov

Feb

May

Aug

Nov

Feb

May

Aug

Nov

Feb

May

Aug

Nov

Feb

May

Aug

Nov

Feb

May

Aug

Nov

Feb

May

Aug

Nov

Financial Overview

Trends –

Jumbo Mortgage Rates

Source: Bloomberg

Subprime Mtg.

Market Gone &

Alt-A Market Is

Stalled

Jumbo Spread

Has Narrowed

Considerably

Mix Of FHA/VA

& Conforming

Product

In December,

35% Of Our

Production

Was FHA/VA

And 51% Was

Conventional

Financial Overview

Mortgage Quarterly Revenues

In 4Q09 Closed

$351mm (+16%

Vs. 3Q09)

In 4Q09 Sold

$335mm (-1% Vs.

3Q09)

Highest

Revenue Quarter

In Company

History

4Q09 Vs. 3Q09:

12% Increase In

Mtg. Revenues

$87mm Locked

Pipeline 1/22/10

Financial Overview

Title Insurance Qtrly

Revenues

Financial Overview

Title Insurance Qtrly

Revenues

Title & Mortgage

Footprints Don’t

Necessarily

Overlap

4Q09: $4.1mm In

Revenues (-11%

Vs. 3Q09)

FY 2009:

$18.5mm In

Revenues (-3%

Vs. 2008)

Impairment

Recorded in 4Q09

Totaling $9.7 mm

Financial Overview

Quarterly Repricing Schedule

Excess Cash Methodically Being Deployed

Favorable Repricing Opportunities

Excludes Orion Bank and Century Bank Acquisitions

1Q10

2Q10

3Q10

4Q10

1Q11

Cash Equivalents

125.8

0.18%

0.00%

Investments

164.9

122.2

115.7

84.9

54.2

2.68%

4.31%

3.96%

4.16%

4.64%

Loans

2,019.9

206.5

178.5

138.7

125.7

3.72%

6.22%

6.25%

6.65%

6.50%

Time Deposits

440.4

343.6

325.5

273.0

148.5

1.94%

2.02%

2.57%

2.16%

2.08%

Borrowed Funds

408.9

23.8

37.6

9.5

39.5

0.68%

5.29%

4.77%

4.72%

3.82%

Financial Overview

Interest Rate Simulations

Source: Bancware

Source: Bancware

Bancware

model, as of December 31, 2009

As Rates Have Fallen, Become More Asset Sensitive

Degree Is A Function Of The Reaction Of Competitors To

Changes In Deposit Pricing

Forward Curve Has A Positive Impact Over 12 Months

Includes

CapitalSouth

loan

balances

without

FDIC

Loss

Excludes Orion Bank and Century Bank

Base

Blue

Forward

Change In:

-200 bp

-100 bp

Case

+100 bp

+200 bp

Chip

Curve

Net Interest

Income

-8.4%

-3.7%

0.0%

1.3%

3.9%

-0.6%

1.1%

Economic

Value of

Equity

-5.4%

-0.9%

0.0%

-1.1%

-3.3%

-2.6%

-4.5%

Asset Quality

Asset Quality

Loan Portfolio Mix

% based on gross portfolio –

excluding discounts on

loans acquired in FDIC-assisted transactions

Indicates Loan Discount

Residential

Home Equity

Credit Card

Automobile

Indirect

Automobile

Other Consumer

Business

Commercial RE

All Other Loans

CapitalSouth

Gross Loans

Discount = 2

Orion

Gross

Loans

= 26%,

Discount = 12%

Century

Gross

Loans

Discount =

CapitalSouth

Orion

Gross

Loans

= 26%,

Century

CapitalSouth

Orion

Gross

Loans

= 26%,

Century

$000s

% of CRE

Loans

C&D-IBERIABANK fsb

34,252

C&D-IBERIABANK

248,148

16%

CRE-Owner Occupied

583,970

38%

CRE-Non-Owner Occupied

667,801

44%

Total Commercial RE

1,534,171

100%

22%

Asset Quality

IBERIABANK fsb

Builder

Exposure

Development

Lot

House <100%

House 100%

Development

House <100%

House 100%

Loans

Complete

Loans

Lots

Complete

Memphis Area

979

1,575

1,100

North Mississippi

350

Little Rock

1,532

167

488

Northeast Ark.

118

223

Northwest Ark.

606

2,021

Total

2,511

2,467

4,182

On 9/30/09

3,253

2,627

6,952

% Of Total - 12/31/09

27%

45%

78%

20%

% Of Total - 9/30/09

25%

20%

54%

69%

29%

By Dollar Amount ($000)

Number

% Balance

Funded

Loans

Discounts &

Balance

Current

30-59

60-89

> 90

Nonaccrual

Reserves

Nonaccrual

Reserves

Builder Loans

Memphis Area

3,655

361

3,294

341

90.1%

9.33%

North Mississippi

350

100.0%

14.27%

Little Rock

2,187

644

1,543

723

70.5%

33.06%

Northeast Ark.

418

374

10.5%

2.97%

Northwest Ark.

2,627

861

1,766

356

67.2%

13.55%

Total

9,237

2,241

6,996

1,482

75.7%

16.05%

On 9/30/09

12,831

7,965

731

180

3,955

638

30.8%

4.97%

By Dollar Amount ($000)

# Of Days Past Due

Geographic Exposure

# Of Loans

$ Funded

% Of Line

Average

Funded

Committed

%Total

Funded

$ Funded

Builder Loans

Memphis Area

3,655

3,659

39.6%

100%

214,994

North Mississippi

350

3.8%

100%

349,597

Little Rock

2,187

2,196

23.7%

100%

218,730

Northeast Ark.

418

490

4.5%

85%

69,734

Northwest Ark.

2,627

2,815

28.4%

93%

114,196

Total

9,237

9,510

100.0%

97%

162,048

On 9/30/09

12,831

12,859

100.0%

100%

173,396

By Dollar Amount ($000)

Note: Excludes Covered Loans

% Balance

Funded

Loans

Discounts &

Balance

Current

30-59

60-89

> 90

Nonaccrual

Reserves

Nonaccrual

Reserves

Holding Co & Admin

284

100.0%

0.28%

Lafayette

47,756

47,282

120

225

677

0.1%

1.42%

Community Bank

3,788

3,672

0.5%

0.81%

Baton Rouge

15,940

15,887

270

0.3%

1.69%

New Orleans

89,073

88,774

105

100

1,025

0.1%

1.15%

Northshore

17,071

16,919

153

514

0.9%

3.01%

Regional Commercial South

18,657

216

0.0%

1.16%

Shreveport

14,596

214

0.0%

1.47%

NE Louisiana

1,672

1,633

2.3%

0.83%

Regional Commercial North

29,753

507

0.0%

1.70%

Mortgage -

RIC

9,559

7,523

407

1,055

574

6.0%

0.37%

Total

248,148

244,695

309

632

1,255

1,257

3,504

0.5%

1.41%

On 9/30/09

225,875

222,409

931

206

362

1,966

2,804

0.9%

1.24%

By Dollar Amount ($000)

# Of Days Past Due

Construction & Development

Loans (1A)

<100%

100%

<100%

100%

Complete

Holding Co & Admin

284

Lafayette

5,906

41,850

134

Community Bank

518

3,269

126

Baton Rouge

2,935

13,004

New Orleans

21,200

67,873

Northshore

7,582

9,490

Regional Commercial South

350

18,307

Shreveport

4,902

9,694

NE Louisiana

225

1,447

Regional Commercial North

12,060

17,693

Mortgage -

RIC

Total

59,943

188,205

459

On 9/30/09

54,517

171,358

495

Construction & Development

Loans (1A)

By Dollar Amount ($000)

Number

# Of Loans

$ Funded

% Of Line

Average

Funded

Committed

%Total

Funded

$ Funded

Holding Co & Admin

284

0.1%

100%

283,578

Lafayette

47,756

69,939

153

19.2%

68%

312,130

Community Bank

3,788

4,139

128

1.5%

91%

29,590

Baton Rouge

15,940

20,242

6.4%

79%

346,515

New Orleans

89,073

104,975

35.9%

85%

1,290,917

Northshore

17,071

18,246

6.9%

94%

775,973

Regional Commercial South

18,657

20,206

7.5%

92%

3,109,455

Shreveport

14,596

15,623

5.9%

93%

1,122,772

NE Louisiana

1,672

3,027

0.7%

55%

36,340

Regional Commercial North

29,753

42,496

12.0%

70%

2,975,293

Mortgage -

RIC

9,559

14,063

3.9%

68%

164,817

Total

248,148

313,240

552

100.0%

79%

449,544

On 9/30/09

225,875

273,987

590

100.0%

82%

382,840

By Dollar Amount ($000)

Construction & Development

Loans (1A)

4,265

5,294

Asset Quality

IBERIABANK

Builder & Non-Builder

C&D Exposure

Asset Quality

4Q09 Compared To Prior Quarters

($thousands)

2Q09

3Q09

4Q09

2Q09

3Q09

4Q09

2Q09

3Q09

4Q09

Nonaccruals

14,110

100,649

863,046

14,409

22,655

27,947

28,519

123,304

890,993

OREO & Foreclosed

1,199

11,872

62,811

16,153

11,192

11,281

17,352

23,065

74,092

90+ Days Past Due

3,596

2,047

42,184

9,663

2,651

1,767

13,259

4,698

43,952

Nonperforming Assets

18,905

114,568

968,041

40,225

36,498

40,996

59,130

151,066

1,009,037

NPAs/Assets

0.45%

2.34%

12.02%

2.78%

2.43%

2.68%

1.04%

2.34%

10.40%

NPAs/(Loans + OREO)

0.64%

3.38%

19.99%

4.60%

3.90%

4.03%

1.54%

3.50%

17.22%

LLR/Loans

1.01%

0.94%

0.72%

1.89%

1.86%

2.12%

1.21%

1.13%

0.96%

Net Charge-Offs/Loans

0.08%

1.13%

0.04%

1.22%

6.16%

0.78%

0.33%

2.26%

0.18%

Past Dues:

30-89 Days Past Due

6,195

34,476

199,558

5,209

7,457

9,461

11,404

41,933

209,019

90+ days Past Due

3,596

2,047

42,184

9,663

2,651

1,767

13,259

4,698

43,952

Nonaccual

Loans

14,110

100,649

863,046

14,409

22,655

27,947

28,519

123,304

890,993

Total 30+ Past Dues

23,902

137,172

1,104,788

29,280

32,763

39,176

53,182

169,935

1,143,964

% Loans

0.80%

4.07%

23.12%

3.41%

3.54%

3.90%

1.38%

3.95%

19.78%

Loan Mix:

Commercial

60.5%

62.7%

61.6%

62.2%

64.9%

67.8%

60.9%

63.1%

62.7%

Consumer

14.0%

13.1%

11.7%

22.6%

20.9%

19.0%

15.9%

14.8%

13.0%

Mortgage

13.8%

14.0%

19.6%

8.0%

7.3%

6.8%

12.5%

12.6%

17.3%

Business Banking

2.6%

2.3%

1.7%

2.5%

2.3%

2.1%

2.6%

2.3%

1.7%

Indirect

9.1%

7.9%

5.4%

0.0%

7.1%

6.2%

4.5%

Credit Cards

0.0%

4.7%

4.6%

4.3%

1.0%

0.8%

Total Loans

100.0%

IBERIABANK

IBERIABANK fsb

IBERIABANK Corporation

Asset Quality

Loans Past Due + Non-Accruals

By Entity:

9/30/08

12/31/08

3/31/09

6/30/09

9/30/09

12/31/09

IBERIABANK

30+ days past due

0.28%

0.69%

0.31%

0.33%

0.32%

0.58%

Non-accrual

0.21%

0.22%

0.54%

0.47%

0.45%

0.38%

Total Past Due

0.49%

0.92%

0.85%

0.80%

0.77%

0.96%

IBERIABANK fsb

30+ days past due

1.29%

1.57%

1.85%

1.73%

1.09%

1.12%

Non-accrual

2.42%

2.53%

2.12%

1.68%

2.45%

2.78%

Total Past Due

3.71%

4.10%

3.97%

3.41%

3.54%

3.90%

Consolidated (Ex-FDIC Covered Assets)

30+ days past due

0.52%

0.89%

0.65%

0.64%

0.50%

0.71%

Non-accrual

0.72%

0.74%

0.90%

0.74%

0.92%

0.96%

Total Past Due

1.24%

1.63%

1.55%

1.38%

1.42%

1.67%

CapitalSouth Only

30+ days past due

7.62%

7.59%

Non-accrual

24.64%

29.68%

Total Past Due

32.26%

37.27%

Orion Only

30+ days past due

16.55%

Non-accrual

57.63%

Total Past Due

74.18%

Century Only

30+ days past due

10.52%

Non-accrual

52.88%

Total Past Due

63.40%

Consolidated With FDIC Covered Assets

30+ days past due

1.08%

4.35%

Non-accrual

2.87%

15.33%

Total Past Due

3.95%

19.68%

Asset Quality

Trends –

Entity NPAs

& Past Dues

Asset Quality

Trends –

Entity LLR & Net COs

(Dollars in $000s)

Q408

1Q09

2Q09

3Q09

4Q09

$Chg

12/31/08

3/31/09

6/30/09

9/30/09

12/31/09

Last Qtr.

Loan Loss Reserve*

IBERIABANK

26,671

27,866

30,098

31,629

34,431

2,801

IBERIABANK fsb

14,201

13,796

16,231

17,158

21,337

4,179

Consolidated

40,872

41,662

46,329

48,787

55,768

6,980

LLR / Total Loans

IBERIABANK

0.92%

0.96%

1.01%

0.94%

0.72%

IBERIABANK fsb

1.68%

1.64%

1.89%

1.86%

2.12%

Consolidated

1.09%

1.11%

1.21%

1.13%

0.96%

Net Charge-Offs

IBERIABANK

801

1,052

553

8,943

414

(8,529)

IBERIABANK fsb

4,084

1,190

2,562

14,041

1,865

(12,176)

Consolidated

4,885

2,242

3,116

22,984

2,278

(20,705)

Net COs/Avg

Loans

IBERIABANK

0.11%

0.15%

0.08%

1.13%

0.04%

IBERIABANK fsb

1.93%

0.58%

1.22%

6.16%

0.78%

Consolidated

0.53%

0.24%

0.33%

2.26%

0.18%

LLR Coverage Of NPAs

IBERIABANK

268%

147%

159%

28%

IBERIABANK fsb

39%

34%

40%

47%

52%

Consolidated

88%

70%

78%

32%

Does not include loan discounts associated with acquisitions.

Asset Quality

Loan Mix And 30 Days+ Past Due

(Dollars in $000s)

4Q08

1Q09

2Q09

3Q09

4Q09**

4Q09

12/31/08

3/31/09

6/30/09

9/31/09

9/30/09

12/31/09

% of Outstandings

Commercial

58.3%

59.5%

60.9%

63.1%

64.6%

62.7%

Mortgage

14.3%

13.6%

12.5%

12.6%

10.9%

17.3%

Consumer

16.2%

16.1%

15.9%

14.8%

13.0%

Indirect

7.1%

7.0%

7.1%

6.2%

6.3%

4.5%

Business Banking

3.1%

2.8%

2.6%

2.3%

2.4%

1.7%

Credit Cards

1.0%

0.8%

Total Loans

100.0%

Past Due 30+ Days*

Commercial

1.91%

1.82%

1.45%

4.82%

1.61%

24.44%

Mortgage

0.97%

0.85%

1.25%

4.25%

1.75%

17.28%

Consumer

1.55%

1.53%

1.20%

1.82%

2.06%

9.74%

Indirect

1.08%

0.97%

1.06%

1.05%

1.19%

Business Banking

1.10%

0.83%

1.29%

1.33%

2.17%

Credit Cards

1.55%

1.63%

1.32%

1.20%

1.24%

1.52%

Total Loans

1.63%

1.55%

1.38%

3.95%

1.67%

19.68%

IBERIABANK

0.91%

0.85%

0.80%

4.06%

0.96%

22.99%

IBERIABANK fsb

4.10%

3.97%

3.41%

3.54%

3.90%

Consolidated

1.63%

1.55%

1.38%

3.95%

1.67%

19.68%

Includes nonaccruing loans

Excludes FDIC assisted acquisitions

Asset Quality

Loan Loss Reserve

IBERIABANK Franchise –

•

IBERIABANK Comprises 83% Of Consolidated Loan Portfolio

•

Legacy IBERIABANK Credits Performing Very Well

•

Classified

Assets

And

NPAs

Remain

Favorable

•

$ 3 Million Loan Loss Provision In 4Q09 (3Q09 = $10 Million)

IBERIABANK

IBERIABANKfsb

Franchise

–

•

Construction Portfolio Continues To Compress

•

Continuing To Aggressively Address Potential Problems

•

$6 Million Loan Loss Provision in 4Q09 (3Q09 = $15 Million)

$2.3 Million In

Net Charge-Offs

In 4Q09 (0.18%

Of Average

Loans)

1Q09

2Q09

3Q09

4Q09

Net Charge-Offs

2,242

3,116

22,980

2,283

Loan Growth

150

864

5,321

14,326

Change In Asset Quality

640

3,803

(3,006)

(7,349)

Loan Loss Provision

3,032

7,783

25,295

9,260

Net Charge-Offs/Avg. Loans

0.24%

0.33%

2.26%

0.18%

Loan Loss Reserve/Loans

1.11%

1.21%

1.13%

0.96%

Asset Quality

C&D Loans And

NPAs

Compared To

Peers

Source: SNL, using most recent quarterly information

The Lowest Level Of

C&D Loan Exposure

Compared To Peers

One Of The Lowest

Levels Of NPAs

Compared To Peers

NPAs

Total Assets

10%

15%

20%

25%

30%

35%

IBKC

SFNC

HBHC

TRMK

SBCF

BXS

PNFP

PRSP

CCBG

WTNY

UCBI

OZRK

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

PRSP

HBHC

IBKC

SFNC

BXS

TRMK

OZRK

PNFP

SBCF

CCBG

UCBI

SBCF

0.91%

10.40%

IBKC including Acquisitions

C&D Loans /

Total Loans

Asset Quality

Commercial Real Estate Portfolio

Excludes covered loans related to FDIC-Assisted Acquisitions

Note:

Includes

commercial

construction

and

land

development

loans

Excludes

covered

loans

FDIC-Assisted

Acquisitions

Asset Quality

Commercial Real Estate Portfolio

IBERIABANK

fsb

TOTAL

Non-Owner Occupied

Current

692.4

183.6

876.0

Past Due

2.1

0.8

2.9

Nonaccrual

0.6

17.4

18.1

Total

695.2

201.8

897.0

% Nonaccrual

0.09%

8.63%

2.01%

Owner Occupied

Current

464.7

160.2

624.9

Past Due

2.1

1.0

3.1

Nonaccrual

2.8

6.4

9.2

Total

469.7

167.5

637.2

% Nonaccrual

0.60%

3.81%

1.44%

Total CRE

1,164.8

369.3

1,534.2

% Nonaccrual

0.30%

6.45%

1.78%

Last Qtr (9/30/09)

0.41%

5.35%

1.64%

Non-Owner Occup/Tier 1 Cap.

114%

127%

104%

Asset Quality

Commercial Portfolio Composition

Note:

December

31,

2009;

Includes

commercial

construction

and

land

development

loans

–

excludes

Covered

Assets

Consumer Loan

Portfolio

Consumer Portfolio

By Product –

Score Distribution

Note: Excludes Credit Cards

Score

Intervals

HELOC

Home

Equity

Loans

Unsecured

Lines

Unsecured

Other

Secured

Indirect

Auto

800 +

12%

11%

12%

13%

750 - 799

35%

34%

17%

25%

24%

30%

700 - 749

26%

24%

27%

25%

22%

21%

650 - 699

15%

14%

16%

20%

16%

17%

600 - 649

10%

550 - 599

500 - 549

450 - 499

400 - 449

Other

10%

Total

100%

Avg. Score

735

723

729

692

697

715

Consumer Portfolio - Score Distribution By Product

Excludes Covered Loans from FDIC Acquisitions

Volume

Score

Volume

Score

Volume

Score

HELOC

152

735

732

182

735

Home Equity Loans

213

722

135

725

348

723

Unsecured Lines

729

723

729

Unsecured

692

693

692

Other Secured

699

692

697

Indirect Auto

249

715

249

715

Total

676

717

190

714

881

717

Consumer Portfolio -

Product Type And Average Score

IBERIABANK

fsb

IBERIABANK Corp

Consumer

Portfolio

Past Dues

By Product

Generally Good

And Stable

Asset Quality

Across

Consumer

Products

Excludes Covered Loans from FDIC Acquisitions

9/30/08

12/31/08

3/31/09

6/30/09

9/30/09

12/31/09

Home Equity Lines of Credit

30 to 59 Days Past Due

0.31%

0.24%

0.68%

0.19%

0.32%

0.57%

60 to 89 Days Past Due

0.15%

0.13%

0.07%

0.14%

0.07%

0.33%

Over 90 Days Past Due

0.09%

0.11%

0.19%

0.13%

0.07%

Total 30+ Days Past Due

0.55%

0.48%

0.86%

0.52%

0.51%

0.98%

Net Charge-Offs

0.01%

0.15%

0.23%

0.07%

1.25%

0.35%

Home Equity Term Loans

30 to 59 Days Past Due

0.25%

0.80%

0.56%

0.46%

0.57%

0.85%

60 to 89 Days Past Due

0.18%

0.09%

0.17%

0.20%

0.22%

Over 90 Days Past Due

0.30%

0.05%

0.06%

0.28%

0.21%

0.32%

Total 30+ Days Past Due

0.73%

0.93%

0.79%

0.91%

0.98%

1.38%

Net Charge-Offs

0.04%

0.21%

0.13%

0.18%

0.81%

0.08%

Indirect Loans

30 to 59 Days Past Due

0.45%

0.59%

0.54%

0.49%

0.51%

0.64%

60 to 89 Days Past Due

0.12%

0.18%

0.12%

0.19%

0.16%

0.10%

Over 90 Days Past Due

0.07%

0.05%

0.07%

0.06%

0.09%

Non Accrual

0.28%

0.30%

0.32%

0.36%

0.39%

Total 30+ Days Past Due

0.93%

1.12%

1.00%

1.08%

1.23%

Net Charge-Offs

0.20%

0.44%

0.43%

0.42%

0.54%

0.43%

Credit Card Loans

30 to 59 Days Past Due

0.49%

0.27%

0.42%

0.32%

0.40%

60 to 89 Days Past Due

0.21%

0.45%

0.38%

0.18%

0.24%

0.30%

Over 90 Days Past Due

0.45%

0.61%

0.99%

0.72%

0.64%

0.54%

Total 30+ Days Past Due

1.15%

1.55%

1.63%

1.32%

1.20%

1.24%

Net Charge-Offs

1.05%

1.34%

2.82%

4.31%

2.48%

2.63%

Other Consumer Loans

30 to 59 Days Past Due

0.76%

1.20%

1.07%

0.70%

0.47%

0.83%

60 to 89 Days Past Due

0.46%

0.35%

0.15%

0.13%

0.33%

0.75%

Over 90 Days Past Due

0.53%

0.82%

0.12%

0.23%

0.36%

0.35%

Total 30+ Days Past Due

1.74%

2.37%

1.34%

1.07%

1.15%

1.94%

Net Charge-Offs

1.55%

1.88%

2.03%

1.40%

3.35%

1.54%

Consumer Portfolio - Quarterly Credit Statistics

Loans Past Due As A % of Product Loans

Consumer Portfolio

By Product –

Origination Mix

Consumer Portfolio

By Product –

Loan-To-Values

Consumer Portfolio

Indirect –

30+ Days Past Dues

Month

Indirect Lending Portfolio

Loans Past Due 30 Days Or More

Consumer Portfolio

Indirect –

Net Charge-Offs

Month

Indirect Lending Portfolio

Annualized Net Chargeoffs

Markets

IBERIABANK

Florida Market Share

•

Existing IBKC = $132

Million in Deposits From

CapitalSouth

Bank

Acquisition in 3Q09

•

Acquisition of Orion

Bank And Century Bank

Added Approximately

$2.7 Billion in Deposits

•

IBKC Franchise Holds

The 20

Ranked Market

Share With $2.9 Billion in

Deposits

Source: SNL Financial –

June 30, 2009 data

Rank

Company

Branches

Deposits

Mkt Share %

Bank of America Corp. (NC)

664

72,758,277

18.52

Wells Fargo & Co. (CA)

721

64,256,750

16.36

SunTrust Banks Inc. (GA)

567

39,902,616

10.16

Regions Financial Corp. (AL)

426

17,449,995

4.44

BB&T Corp. (NC)

307

16,447,119

4.19

JPMorgan Chase & Co. (NY)

240

10,765,960

2.74

Citigroup Inc. (NY)

8,915,841

2.27

BU Financial Corp. (FL)

8,303,473

2.11

Fifth Third Bancorp (OH)

167

7,609,986

1.94

PNC Financial Services Group (PA)

112

6,034,456

1.54

EverBank Financial (FL)

5,752,713

1.46

Northern Trust Corp. (IL)

5,071,085

1.29

AmTrust Financial Corporation (OH)

4,805,144

1.22

BankAtlantic Bancorp Inc. (FL)

101

4,076,885

1.04

Ocean Bankshares Inc. (FL)

4,043,670

1.03

Mercantil Servicios

3,807,862

0.97

Synovus Financial Corp. (GA)

3,441,333

0.88

HSBC Holdings plc

3,319,692

0.84

South Financial Group Inc. (SC)

3,060,065

0.78

IBERIABANK

2,962,490

0.75

Total For Institutions In Market

5,829

392,871,126

Florida - State Market Share

IBERIABANK

Florida Market Share -

MSAs

Source: SNL Financial –

June 30, 2009 data

Rank

Company

Branches

Deposits

Mkt

Rank

Company

Branches

Deposits

Mkt

Share %

Fifth Third Bancorp (OH)

1,977,049

16.93

First State Bk

of the FL Keys (FL)

534,275

24.00

Bank of America Corp. (NC)

1,571,101

13.45

TIB Financial Corp. (FL)

507,304

22.79

Wells Fargo & Co. (CA)

1,341,835

11.49

Bank of America Corp. (NC)

339,100

15.23

IBERIABANK

1,260,813

10.79

Home BancShares

Inc. (AR)

206,167

9.26

KeyCorp (OH)

688,091

5.89

IBERIABANK

186,951

8.40

Total For Institutions In Market

158

11,680,468

Total For Institutions In Market

2,226,451

Rank

Company

Branches

Deposits

Mkt

Rank

Company

Branches

Deposits

Mkt

Share %

Bank of America Corp. (NC)

3,675,155

20.34

Wells Fargo & Co. (CA)

1,854,458

15.22

Wells Fargo & Co. (CA)

3,005,570

16.63

Bank of America Corp. (NC)

1,752,328

14.38

SunTrust Banks Inc. (GA)

2,032,448

11.25

SunTrust Banks Inc. (GA)

1,579,773

12.97

BB&T Corp. (NC)

959,861

5.31

BB&T Corp. (NC)

1,086,516

8.92

IBERIABANK

928,434

5.14

Fifth Third Bancorp (OH)

943,784

7.75

IBERIABANK

174,194

1.43

Total For Institutions In Market

329

18,069,727

Total For Institutions In Market

245

12,184,691

Rank

Company

Branches

Deposits

Mkt

Rank

Company

Branches

Deposits

Mkt

Share %

Wells Fargo & Co. (CA)

225

26,035,757

17.04

Bank of America Corp. (NC)

13,793,482

38.81

Bank of America Corp. (NC)

209

24,658,473

16.14

Wells Fargo & Co. (CA)

6,057,486

17.05

SunTrust Banks Inc. (GA)

106

10,637,975

6.96

EverBank

Financial (FL)

5,752,713

16.19

Citigroup Inc. (NY)

8,909,313

5.83

SunTrust Banks Inc. (GA)

1,748,971

4.92

JPMorgan Chase & Co. (NY)

130

7,617,076

4.99

Banco

Bilbao Vizcaya

Argent SA

1,141,779

3.21

IBERIABANK

279,532

0.19

IBERIABANK

132,566

0.37

Total For Institutions In Market

1,660

152,799,523

Total For Institutions In Market

328

35,537,013

Naples-Marco Island, FL

Key West, FL

Bradenton-Sarasota-Venice, FL

Cape Coral-Fort Myers, FL

Miami-Fort Lauderdale-Pompano Beach-Homestead, FL

Jacksonville, FL

IBERIABANK

IBKC Market Demographics

Source: SNL Financial

MSA

IBKC

Market IBKC

Rank

IBKC

Offices

Deposits

IBKC Dep

Mkt. Share

(%)

Percent of

IBKC

Franchise

Market

Population

Change

2000-09

(%)

Projected

Population

Change

2009-14

(%)

Median

2009

($)

Income

Change

2000-09

(%)

Projected

HH Income

Change

2009-14

(%)

FLORIDA

Naples-Marco Island, FL

1,260,813

10.79

16.63

331,285

31.79

10.67

63,299

30.75

5.13

Bradenton-Sarasota-Venice, FL

928,434

1.55

12.25

721,598

22.31

8.45

52,726

29.60

6.01

Miami-Fort Lauderdale-Pompano Beach-Homestead, FL

279,532

0.16

3.69

5,549,666

10.83

3.49

52,512

30.34

4.03

Key West, FL

186,951

8.40

2.47

73,639

(7.48)

(4.11)

54,614

27.82

(0.02)

Cape Coral-Fort Myers, FL

174,194

1.43

2.30

645,899

46.50

17.89

52,154

29.34

5.02

Jacksonville, FL

132,566

0.37

1.75

1,392,346

24.01

10.33

55,237

29.52

4.49

LOUISIANA

Lafayette, LA

1,149,488

22.72

15.17

260,628

9.01

4.00

41,287

16.34

3.26

New Iberia, LA

538,043

37.70

7.10

75,954

3.67

1.18

35,547

14.44

1.11

New Orleans-Metairie-Kenner, LA

477,850

1.79

6.30

1,166,214

(11.42)

11.89

42,739

21.00

(1.80)

Baton Rouge, LA

312,764

2.14

4.13

782,691

10.87

5.21

43,138

15.25

3.29

Monroe, LA

297,896

11.53

3.93

173,860

2.24

0.70

36,070

13.68

4.15

Shreveport-Bossier City, LA

130,931

2.39

1.73

393,983

4.79

1.82

38,191

15.09

2.36

Ruston, LA

101,101

10.26

1.33

58,032

0.22

(0.37)

30,974

12.44

1.60

Crowley, LA

53,818

7.39

0.71

61,376

4.27

1.64

30,304

13.63

0.37

Abbeville, LA

45,285

5.33

0.60

56,905

5.76

2.08

32,473

10.30

1.26

Bastrop, LA

17,901

6.53

0.24

29,521

(4.84)

(3.32)

28,280

12.55

1.06

Houma-Bayou Cane-Thibodaux, LA

15,277

0.39

0.20

204,970

5.40

1.43

40,199

14.56

4.23

ARKANSAS

Little Rock-North Little Rock-Conway, AR

400,326

3.15

5.28

686,372

12.42

5.94

51,839

33.16

4.95

Jonesboro, AR

177,513

7.62

2.34

118,164

9.65

4.59

40,548

30.35

7.34

Fayetteville-Springdale-Rogers, AR-MO

106,203

1.44

1.40

456,132

31.43

13.38

49,287

36.00

4.35

Paragould, AR

11,528

1.61

0.15

41,326

10.70

5.46

39,417

27.77

6.28

TENNESSEE

Memphis, TN-MS-AR

101,656

0.46

1.34

1,321,291

9.63

4.39

52,209

31.81

4.71

ALABAMA

Birmingham-Hoover, AL

246,572

0.93

3.25

1,124,423

6.86

3.26

45,864

20.69

4.91

Montgomery, AL

82,324

1.06

1.09

371,467

7.20

3.67

44,553

19.70

3.98

Huntsville, AL

77,960

1.10

1.03

397,307

16.04

7.87

52,034

20.52

3.14

Mobile, AL

4,191

0.07

0.06

410,457

2.65

1.41

39,943

18.48

4.39

Aggregate: National

96.46

309,731,508

10.06

4.63

54,719

29.78

4.06

Income

Markets -

Branches

Branch Expansion Initiative

Period-End

Loan

And

Deposit

Volumes

13 Offices

4Q09 Loans

Of $179 mm

(+26% Over

1-Year)

4Q09

Deposits Of

$281 mm

(+40% Over

1-Year)

Closed One

Office

(Prairieville)

Markets –

Branches

Historical Office Optimization

Entered 3 New Markets

Acquired 12 Offices (All)

Closed/Consolidated 18

Offices (All Types)

Opened 10 New Bank

Offices

Opened 7 Mortgage

Offices

Divested/Sold 1 Office

5 Office Realignments

1999 Through 2005

Since 2005

Entered 26 New Markets

Acquired 138 Offices (All)

Closed/Consolidated 26

Offices (All Types)

Opened 15 New Bank

Offices

Opened 13 Mortgage

Offices

Opened 1 Title Office

11 Office Realignments

Markets –

Local Economies

Oil & Gas Impact

Source: Bloomberg

Jan

Mar

Oct

Dec

Jul

Feb

Sep

Mar

Oct

Dec

Jul

Feb

Sep

Apr

Nov

Jun

Dec

Jul

Feb

Sep

Apr

Nov

Jun

Jan

Mar

Sep

Apr

Nov

Jun

Jan

Crude Oil (WTI, $ Per Barrel)

Markets –

Local Economies

Unemployment –

Vs. U.S. MSAs

Source: U.S. Department of Labor, Bureau of Labor Statistics

Curve Has

Continued

To Shift

Upward

Belly Of The

Curve Hit

Worst

Consistently

Low Rates Of

Unemploy-

ment

In Our

Legacy

MSAs

Many Of Our

Markets Not

Dependent

On Housing

For Growth

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

Markets –

Local Economies

Freddie Mac –

Regional Prices

FHLMC, “Home Prices Rise 0.9% in Third

Quarter”, December 8, 2009

Source: Freddie Mac

Last 5-Year

Housing

Price

Last 12

3Q09 vs.

Region

States Included

Change

Months

2Q09

West South Central

LA, AR, TX, OK

20.5%

0.0%

0.1%

West North Central

IA, KS, MN, MO, ND, NE, SD

5.2%

-1.1%

0.5%

East South Central

TN, AL, MS, KY

15.4%

-1.4%

0.2%

New England

CT, MA, ME, NH, RI, VT

-1.7%

-2.4%

-0.7%

Middle Atlantic

NY, NJ, PA

16.2%

-2.5%

1.1%

East North Central

IL, IN, MI, OH, WI

-2.5%

-2.7%

0.2%

South Atlantic

NC,

SC,

FL,

GA,

VA,

MD,

WV,

DC,

7.9%

-5.0%

0.6%

Pacific

CA, OR, WA, HI, AK

-4.3%

-6.9%

3.9%

Mountain

AZ, CO, ID, MT, NM, NV, UT, WY

7.7%

-9.3%

-0.6%

United States

5.5%

-3.9%

0.9%

Markets –

Local Economies

Housing Price Change Vs. U.S. MSAs

Source: Freddie Mac, 3Q09 Data

Markets –

Local Economies

House Price Decline Probability

Local

Housing

Prices

Did

Not

Escalate

Rapidly,

Little

House

Price

“Snap-

Back”

According

PMI,

Our

Legacy

Markets

Have

Some

The

Lowest

Probabilities

Exhibit

Housing

Price

Declines

Over

Years

Source: PMI Economic Real Estate Trends

109

121

133

145

157

169

181

193

205

217

229

241

253

265

277

289

301

313

325

337

349

361

373

Summary Of IBKC

Industry Operating Environment--Challenging

•

Housing

•

Credit Risk

•

Interest Rate Risk

•

Operations Risk

We Tend To Move “Ahead Of The Curve”

Focus On Long-Term Investments & Payback

Organic And External Growth

Both Expense Control And Revenue Growth

EPS/Stock Price Linkage -

Shareholder Focus

Favorable Risk/Return Compared To Peers

Iberiabank (IBKC) 8-KIBERIABANK Corporation Reports Record Yearly Results For Fourth Quarter