Iberiabank (IBKC) 8-K IBERIABANK Corporation Reports First Quarter Results

1Q11 Earnings Conference Call

Supplemental Materials

April 26, 2011

Exhibit 99.2

2

Forward Looking Statements

Safe Harbor

In connection with the proposed mergers, IBERIABANK Corporation has filed Registration

Statements on Form S-4 that contain a proxy statement/prospectus.  INVESTORS AND SECURITY

HOLDERS ARE URGED TO CAREFULLY READ THE PROXY STATEMENT/PROSPECTUS REGARDING THE

PROPOSED TRANSACTIONS WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN

IMPORTANT INFORMATION.

Investors

and

security

holders

may

obtain

a

free

copy

of

the

proxy

statement/prospectus (when it is available) and other documents containing information about

IBERIABANK Corporation, Cameron Bancshares, Inc. and OMNI BANCSHARES Inc., without charge, at the

SEC's web site at http://www.sec.gov. Copies of the proxy statement/prospectus and the SEC filings that

will be incorporated by reference in the proxy statement/prospectus may also be obtained for free from the

IBERIABANK

Corporation

website,

www.iberiabank.com,

under

the

heading

“Investor

Information”.

This communication

is

not

an

offer

to

purchase

shares

of

Cameron

Bancshares,

Inc.

common

stock

or

OMNI

BANCSHARES,

Inc.

common

stock,

nor

is

it

an

offer

to

sell

shares of IBERIABANK

Corporation common stock which may be issued in either proposed merger.  Any issuance of

IBERIABANK Corporation common stock in either proposed merger would have to be registered under the

Securities Act of 1933, as amended, and such IBERIABANK Corporation common stock would be offered

only by means of a prospectus complying with the Act.

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.

3

Introductory

Comments

4

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

Some of the Highest Capital Ratios of Bank Holding

Companies with More Than $5 Billion in Assets

Approximately $217 Million in Excess Liquidity In 1Q11

Deposit Runoff During 1Q11 As We Lowered Deposit Rates

Future Growth Engines in Multiple Markets

Strategic

Recruiting

Continued

During

The

1

Quarter

Fortunately, We Avoided What Ails The Banking Industry

Remain Well Positioned For Future Opportunities

st

Corporate Overview

1Q11

Deposit Market Share as of  June 30, 2010

Source: SNL Financial

Map Reflects Locations as of  April 26, 2011

* Includes OMNI and Cameron branches

NASDAQ Traded     IBKC

Headquarters

Lafayette, LA

Founded

1887

Market Cap           $ 1.6 Billion

Locations  *                255

(Bank Branches *     176)

FTE’s                       2,142

Asset Size

$ 9.9 Billion

Deposits              $  7.9 Billion

Loans                    $  6.1 Billion

Clients                         216,000

Subsidiaries

IBERIABANK

Lenders Title

Arkansas

36 Branches

$1.0 bil deposits

#12 Rank

33 Non-bank Offices

Texas

4 Branches

$53 mm deposits

#462 Rank

4 Non-bank Offices

Louisiana

86 Branches*

$5.1 bil deposits

#5 Rank

21 Non-bank Offices

Alabama

10 Branches

$474 mm deposits

#22 Rank

4 Non-bank Offices

Florida

43 Branches

$3.0 bil deposits

#21 Rank

8 Non-bank Offices

Tennessee

2 Branches

$170 mm deposits

#105 Rank

1 Non-bank Office

Locations

IBERIABANK Branches

140

OMNI BANK Branches

14

Cameron State Bank Branches

22

IBERIABANK Mortgage Locations

54

IBERIA Capital Partners

1

Title Insurance Offices

24

255

Total Offices

6

Financial Overview

7

Financial Overview

Summary –

1Q11 and 03/31/11

T/E Net Interest Income Up $6mm (+8%)

Credit Quality Statistics Excluding FDIC Covered Assets:

•

NPA/Assets = 1.01% (0.91% in 4Q10)

•

30+ Days Past Due = 1.65% (1.44% in 4Q10)

•

Loan Loss Reserve/Loans = 1.45% (1.40% in 4Q10)

•

Net COs/Average Loans = -0.06% (0.96% in 4Q10)

•

Provision = $5mm ($11mm in 4Q10)

Minimal Gains On Sale of Investments in 1Q11

Merger And Conversion Related Costs = $1.6mm ($1.7mm in

4Q10)

Reported EPS = $0.54, Up 12% from 4Q10

EPS Excluding One-Time Costs = $0.58, Up 10% from 4Q10

Capital Ratios Improved (Tier 1 Leverage up 41 bps to 11.65%)

8

Financial Overview

Favorable Balance Sheet Growth

1Q11 Results

1Q11 Results

•

Loans +$86mm, +1%

•

Deposits -$56mm -1%

•

Loan/Deposits = 78%

•

Equity = +$10mm, +1%

•

Equity/Assets = 13.21%

•

Tier 1 Leverage = 11.65%

•

Div Payout = 62.6%

•

ROA = 0.59%

•

ROE = 4.52%

•

ROTE = 5.95%

•

Efficiency Ratio = 76%

•

Tang Eff. Ratio = 74%

•

BV/Share = $48.68

•

Tang BV/Share = $38.95

$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

$5,800

$6,200

$6,600

$7,000

$7,400

$7,800

$8,200

$8,600

Total Loans And Deposits ($ Millions)

Loans

Deposits

Quarterly

Averages

Annual Average Balances

-1%

20%

17%

17%

22%

34%

1%

3%

7%

4%

13%

15%

12%

17%

15%

14%

52%

43%

18%

21%

38%

71%

5%

2%

9

Financial Overview

Trends -

Mortgage Interest Rates

Conforming

Rates Have

Bounced Off

Of Lows

Refi Activity

Has

Diminished

Sales

Spreads

Remain

Favorable

Improved

Competitive

Dynamics In

Mortgage

Business

10

Financial Overview

Mortgage Quarterly Revenues

In 1Q11 Closed

$289mm (-44%

Vs. 4Q10)

In 1Q11 Sold

$319mm (-47%

Vs. 4Q10)

1Q11 Vs. 4Q10:

45% Decrease In

Mtg. Revenues

1Q11 Vs. 1Q10:

21% Increase In

Mtg. Revenues

$122 mm Locked

Pipeline on

4/22/11

$-

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

$7.0

$8.0

$9.0

$10.0

$11.0

$12.0

$13.0

$14.0

$15.0

$16.0

$17.0

2003

2004

2005

2006

2007

2008

2009

2010

2011

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

11

Financial Overview

Title Insurance Qtrly

Revenues

Title & Mortgage

Footprints Don’t

Necessarily

Overlap

1Q11: $3.8mm

In Revenues    

(-19% Vs. 4Q10)

New CEO For

Title Business

On 10/25/10

$-

$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

2009

2010

2011

Title Insurance Revenues

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

*

Includes United Title in April 2007

**

Includes American Abstract in March 2008

Financial Overview

Service Charges/Revenues

12

•

Less Reliance On

Service Charge

Income And

Consumer Fees

Than Peers

•

77% Of Eligible

Accounts With

Overdraft Activity

Have Opted-In To

Overdraft Services

(Reg-E)

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

TIBB

EBTX

PBIB

IBKC

WTNY

CSFL

UCBI

SBCF

PFBX

FSGI

HOMB

TRMK

BXS

HBHC

SFNC

FMFC

RNST

SBSI

MSL

CCBG

OZRK

IBKC = 5.2%

Source: SNL

Data as of most recent quarter

Non-Interest Income Excludes Gains on Acquisitions and Investment Sales

13

Financial Overview

Quarterly Repricing Schedule

2Q11

3Q11

4Q11

1Q12

2Q12

Cash Equivalents

202.5

$             

-

$      

-

$      

-

$      

-

$      

0.57%

0.00%

0.00%

0.00%

0.00%

Investments

113.6

$             

110.2

$   

121.3

$   

79.5

$    

88.8

$    

4.06%

4.14%

3.26%

4.01%

3.69%

Loans

3,408.9

$          

326.6

$   

257.2

$   

231.1

$   

195.3

$   

3.52%

5.21%

5.63%

5.75%

5.88%

Time Deposits

657.0

$             

521.2

$   

438.7

$   

317.0

$   

212.3

$   

1.42%

1.40%

1.76%

1.93%

2.35%

Borrowed Funds

329.4

$             

4.6

$      

1.7

$      

13.1

$    

5.6

$      

1.26%

3.64%

3.57%

3.28%

1.85%

14

Financial Overview

Interest Rate Simulations

Source: Bancware

model, as of March 31, 2011

Fairly Balanced From An Interest Rate Risk Position

Degree Is A Function Of The Reaction Of Competitors To

Changes In Deposit Pricing

Forward Curve Has A Small Positive Impact Over 12 Months

Includes FDIC Assisted Acquisitions of CapitalSouth, Orion, Century and Sterling

Base

Blue

Forward

Change In:

-200 bp

-100 bp

Case

+100 bp

+200 bp

Chip

Curve

Net Interest

Income

0.1%

0.3%

0.0%

0.4%

1.5%

0.0%

0.1%

Economic

Value of

Equity

-12.3%

-2.9%

0.0%

-1.1%

-3.8%

-0.5%

-0.7%

15

Financial Overview

Annual Change In Stock Price

Source: Bloomberg

as of April 25, 2011

-60%

-40%

-20%

0%

20%

40%

60%

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

58%

27%

45%

47%

13%

-4%

16%

-21%

3%

12%

10%

1%

IBKC

S&P Banks

NASDAQ Banks

DJIA

S&P 500

Russell 2000

16

Financial Overview

3 Years Price Change By Index

Source: SNL Through April 25, 2011

-70%

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

+24%

Southeast Banks

Micro Cap Banks

Banks < $250M

Mid Cap Banks

S&P Bank

TARP Participants

Banks < $500M

Banks > $10B

Banks $250M

-

$500M

S&P Financials

Banks

KBW Bank

Banks $1B

-

$5B

Large Cap Banks

Midwest Banks

Mid

-

Atlantic Banks

Banks $500M

-

$1B

Small Cap Banks

All Financial Institutions

Banks $5B

-

$10B

NASDAQ Bank

New England Banks

NASDAQ Finl

Southwest Banks

Western Banks

NYSE

S&P 500

Russell 3000

NASDAQ

Russell 2000

S&P Small

-

Cap

S&P Mid-

Cap

IBERIABANK Corporation

17

Asset Quality

18

Asset Quality

Loan Portfolio Mix

% based on gross portfolio –

excluding discounts on

loans acquired in FDIC-assisted transactions

Residential

5%

Home Equity

9%

Credit Card

1%

Automobile

0%

Indirect

Automobile

4%

Other Consumer

1%

Business

21%

Commercial RE

25%

All Other Loans

3%

CapitalSouth

Gross Loans

= 4%,

Discount = 1%

Orion

Gross Loans

= 12%,

Discount = 5%

Century

Gross Loans

=5%,

Discount = 2%

Transparent slices indicate

loan discounts

Sterling

Gross Loans

= 2%,

Discount = 1%

$000s

% of CRE

%

Loans

C&D-IBERIABANK

276,304

17%

4%

CRE-Owner Occupied

612,478

37%

9%

CRE-Non-Owner Occupied

763,930

46%

11%

Total Commercial RE

1,652,712

$        

100%

25%

19

Asset Quality

IBERIABANK

Builder & Non-Builder

C&D Loan Exposure

Note: Excludes Covered Loans

<100%

100%

<100%

100%

Complete

Complete

Complete

Complete

Baton Rouge Market

7,661

20,688

19

57

Iberia & Community Bank Market

55

3,122

1

110

Lafayette Market

17,329

38,355

28

122

NE Louisiana Market

382

4,142

6

47

New Orleans Market

27,268

48,058

14

68

Northshore Market

1,913

2,719

3

17

Shreveport Market

2,947

5,118

7

6

Birmingham Market

613

1,103

2

2

Huntsville Market

-

-

0

0

Mobile Market

560

5,670

2

6

Montgomery Market

-

-

0

0

Little Rock Market

7,487

25,452

8

61

N Mississippi Market

-

-

1

0

NE Arkansas Market

1,543

4,989

9

116

NW Arkansas Market

68

1,802

3

22

Regional Commercial Banking-North

4,738

27,180

3

8

Memphis Market

-

3,876

0

11

Houston Market

796

6,483

6

4

Mortgage Lending & RIC

653

3,533

8

17

Total

74,013

$       

202,290

$       

120

674

By Dollar Amount ($000)

Number

Construction & Development Loans (1A)

% Balance

Funded

Loans

Discounts &

%

Discounts &

Balance

Current

30-59

60-89

> 90

Reserves

Reserves

Baton Rouge Market

28,349

28,349

-

-

-

-

372

0.0%

1.31%

Iberia & Community Bank Market

3,177

3,161

5

-

-

11

43

0.4%

1.35%

Lafayette Market

55,684

55,674

-

-

-

10

1,116

0.0%

2.00%

NE Louisiana Market

4,524

4,524

-

-

-

-

106

0.0%

2.34%

New Orleans Market

75,326

75,315

-

-

-

11

904

0.0%

1.20%

Northshore Market

4,632

4,556

-

-

-

76

130

1.6%

2.80%

Shreveport Market

8,064

8,064

-

-

-

-

78

0.0%

0.97%

Birmingham Market

1,716

1,716

-

-

-

-

21

0.0%

1.24%

Huntsville Market

-

-

-

-

-

-

-

--

--

Mobile Market

6,230

6,230

-

-

-

-

74

0.0%

1.19%

Montgomery Market

-

-

-

-

-

-

-

--

--

Little Rock Market

32,938

30,846

-

-

-

2,092

731

6.4%

2.22%

N Mississippi Market

-

-

-

-

-

-

-

--

--

NE Arkansas Market

6,532

6,248

-

-

-

285

102

4.4%

1.56%

NW Arkansas Market

1,870

579

-

221

-

1,070

32

57.2%

1.71%

Regional Commercial Banking-North

31,918

31,572

-

-

-

346

678

1.1%

2.12%

Memphis Market

3,876

2,846

-

-

-

1,030

178

26.6%

4.60%

Houston Market

7,279

7,279

-

-

-

-

129

0.0%

1.77%

Mortgage Lending & RIC

4,186

2,354

-

-

-

1,832

25

43.8%

0.60%

Total

276,304

$

269,315

$

5

$        

221

$     

-

$      

6,763

$  

4,719

$  

2.4%

1.71%

By Dollar Amount ($000)

# Of Days Past Due

Construction & Development Loans (1A)

# Of Loans

$ Funded

% Of Line

Average

Funded

Committed

Committed

%Total

Funded

$ Funded

Baton Rouge Market

28,349

43,658

76

10.3%

65%

373,020

$       

Iberia & Community Bank Market

3,177

3,222

111

1.1%

99%

28,621

$         

Lafayette Market

55,684

72,265

150

20.2%

77%

371,228

$       

NE Louisiana Market

4,524

5,567

53

1.6%

81%

85,366

$         

New Orleans Market

75,326

91,282

82

27.3%

83%

918,613

$       

Northshore Market

4,632

8,143

20

1.7%

57%

231,595

$       

Shreveport Market

8,064

14,599

13

2.9%

55%

620,343

$       

Birmingham Market

1,716

8,426

4

0.6%

20%

428,970

$       

Huntsville Market

-

-

-

0.0%

--

--

Mobile Market

6,230

6,789

8

2.3%

92%

778,802

$       

Montgomery Market

-

-

-

0.0%

--

--

Little Rock Market

32,938

41,378

69

11.9%

80%

477,367

$       

N Mississippi Market

-

-

1

0.0%

--

-

$               

NE Arkansas Market

6,532

8,417

125

2.4%

78%

52,260

$         

NW Arkansas Market

1,870

2,057

25

0.7%

91%

74,803

$         

Regional Commercial Banking-North

31,918

38,184

11

11.6%

84%

2,901,639

$     

Memphis Market

3,876

3,877

11

1.4%

100%

352,376

$       

Houston Market

7,279

10,436

10

2.6%

70%

727,858

$       

Mortgage Lending & RIC

4,186

5,454

25

1.5%

77%

167,444

$       

Total

276,304

$  

363,756

$       

794

100.0%

76%

347,989

$       

By Dollar Amount ($000)

Construction & Development Loans (1A)

Nonaccrual

Nonaccrual

20

Asset Quality

1Q11 Compared To Prior Quarters

Note: Includes FDIC Assisted Acquisitions

($thousands)

2Q10

3Q10

4Q10

1Q11

Nonaccruals

870,154

$      

871,353

$      

816,243

$      

800,265

$      

OREO & Foreclosed

45,843

57,495

69,218

83,186

90+ Days Past Due

113,891

43,593

53,112

29,279

Nonperforming Assets

1,029,887

$   

972,441

$      

938,573

$      

912,730

$      

NPAs/Assets

9.93%

9.21%

9.36%

9.18%

NPAs/(Loans + OREO)

17.74%

16.63%

15.37%

14.71%

LLR/Loans

1.67%

2.28%

2.26%

2.44%

Net Charge-Offs/Loans

0.44%

0.36%

0.72%

-0.05%

Past Dues:

30-89 Days Past Due

119,026

$      

89,786

$       

111,345

$      

107,725

$      

90+ days Past Due

113,891

43,593

53,112

29,279

Nonaccual Loans

870,154

871,353

816,243

800,265

Total 30+ Past Dues

1,103,071

$   

1,004,732

$   

980,700

$      

937,269

$      

% Loans

19.15%

17.35%

16.25%

15.31%

Loan Mix:

Commercial

65.0%

66.2%

67.2%

67.5%

Consumer

14.3%

15.4%

15.4%

16.0%

Mortgage

13.6%

12.4%

11.5%

10.8%

Business Banking

1.7%

1.4%

1.4%

1.4%

Indirect

4.7%

4.0%

3.8%

3.7%

Credit Cards

0.7%

0.6%

0.7%

0.6%

Total Loans

100.0%

100.0%

100.0%

100.0%

IBERIABANK Corporation

By Entity:

12/31/09

3/31/10

6/30/10

9/30/10

12/31/10

3/31/11**

Consolidated (Ex-FDIC Covered Assets)

     30+ days past due

0.72%

0.73%

0.77%

0.52%

0.33%

0.35%

     Non-accrual

0.97%

1.31%

1.13%

0.96%

1.11%

1.30%

     Total Past Due

1.69%

2.04%

1.90%

1.48%

1.44%

1.65%

CapitalSouth Only

     30+ days past due

5.69%

7.54%

7.83%

7.94%

7.10%

7.85%

     Non-accrual

22.25%

25.23%

23.87%

23.38%

21.12%

21.47%

     Total Past Due

27.94%

32.77%

31.70%

31.32%

28.22%

29.32%

Orion Only

     30+ days past due

8.72%

4.64%

8.51%

3.59%

6.11%

4.24%

     Non-accrual

30.37%

36.63%

34.06%

36.26%

34.52%

36.07%

     Total Past Due

39.09%

41.27%

42.57%

39.85%

40.63%

40.31%

Century Only

     30+ days past due

6.03%

7.04%

7.58%

3.53%

5.44%

5.18%

     Non-accrual

30.67%

35.90%

38.31%

40.57%

41.39%

42.15%

     Total Past Due

36.70%

42.94%

45.89%

44.10%

46.83%

47.33%

Sterling Only

     30+ days past due

7.31%

10.68%

12.17%

     Non-accrual

20.08%

26.68%

28.59%

     Total Past Due

27.39%

37.36%

40.76%

Consolidated With FDIC Covered Assets

     30+ days past due

3.60%

3.09%

3.48%

1.98%

2.44%

2.04%

     Non-accrual

12.70%

14.23%

13.01%

12.95%

12.10%

11.89%

     Total Past Due

16.30%

17.32%

16.49%

14.93%

14.54%

13.93%

Loans Past Due

Loans Past Due 30 Days Or More And Nonaccruing Loans As % Of Loans Outstanding

21

Asset Quality

Loans Past Due + Non-Accruals

** Beginning in 2011, IBERIABANK fsb was merged with IBERIABANK

(Dollars in $000s)

1Q10

2Q10

3Q10

4Q10

1Q11*

$Chg

3/31/10

6/30/10

9/30/10

12/31/10

3/31/11

Last Qtr.

Nonaccrual Loans

969,159

$      

870,153

$      

871,353

$   

816,244

$   

800,265

$  

(15,979)

$    

OREO & Foreclosed Assets

50,142

$       

45,843

$       

57,495

$     

69,217

$     

83,186

$    

13,969

$     

Accruing 90+ Days Past Due

60,357

$       

113,891

$      

43,593

$     

53,112

$     

29,279

$    

(23,832)

$    

Total NPAs

1,079,658

$   

1,029,887

$   

972,441

$   

938,573

$   

912,730

$  

(25,842)

$    

NPAs / Total Assets

10.39%

9.93%

9.21%

9.36%

9.18%

30-89 Days Past Due

119,226

$      

119,026

$      

89,786

$     

111,345

$   

107,725

$  

(3,620)

$      

30-89 Days PDs / Loans

2.08%

2.07%

1.55%

1.84%

1.76%

22

Asset Quality

Trends –

Entity NPAs & Past Dues

Note: Includes FDIC Assisted Acquisitions

23

Asset Quality

Trends –

Entity LLR & Net COs

Note: Includes FDIC Assisted Acquisitions

(Dollars in $000s)

1Q10

2Q10

3Q10

4Q10

1Q11**

$Chg

3/31/10

06/30/10

09/30/10

12/31/2010

3/31/2011

Last Qtr.

Loan Loss Reserve*

63,875

$    

96,000

$    

131,954

$  

136,100

$  

149,119

$  

13,019

$    

LLR / Total Loans

1.11%

1.67%

2.28%

2.26%

2.44%

Net Charge-Offs

5,094

$     

6,111

$     

5,330

$     

10,506

$    

(764)

$       

(11,270)

$   

Net COs/Avg Loans

0.36%

0.44%

0.36%

0.72%

-0.05%

LLR Coverage Of NPAs

6%

9%

14%

15%

16%

*

Does not include loan discounts associated with acquisitions.

24

Asset Quality

Loan Mix And 30 Days+ Past Due

1Q10

2Q10

3Q10

4Q10

1Q11

1Q11*

3/31/10

6/30/10

9/30/10

12/31/10

3/31/11

3/31/11

% of Outstandings

Commercial

63.0%

65.0%

66.2%

67.3%

67.5%

69.1%

Mortgage

17.1%

13.6%

12.4%

11.5%

10.8%

7.4%

Consumer

13.0%

14.3%

15.4%

15.4%

16.0%

15.3%

Indirect

4.5%

4.7%

4.0%

3.8%

3.7%

5.3%

Business Banking

1.7%

1.7%

1.4%

1.4%

1.4%

2.0%

Credit Cards

0.7%

0.7%

0.6%

0.6%

0.6%

0.9%

Total Loans

100.0%

100.0%

100.0%

100.0%

100.0%

100.0%

Past Due 30+ Days

Commercial

21.17%

17.08%

15.99%

15.55%

14.78%

1.63%

Mortgage

16.61%

16.54%

14.28%

14.94%

15.21%

2.90%

Consumer

8.06%

10.96%

16.22%

14.82%

13.94%

1.21%

Indirect

1.01%

0.78%

0.78%

0.87%

0.74%

0.74%

Business Banking

2.73%

2.51%

2.95%

2.57%

2.82%

2.82%

Credit Cards

2.12%

1.71%

1.50%

1.57%

1.74%

1.60%

Total Loans

17.32%

15.01%

14.93%

14.54%

13.93%

1.65%

*

Excludes FDIC assisted acquisitions

25

Asset Quality

Loan Loss Reserve

•

Legacy IBERIABANK Credits Performing Very Well

•

Net Recoveries in Legacy Portfolio in 1Q11

•

Classified Assets And NPAs Remain Favorable

•

$5.5 Million Loan Loss Provision In 1Q11 (4Q10 = $11.2

Million)

•

Acquired Builder Construction Portfolio Was Only $3.7

Million (0.06% of Total Loans)

($0.7) Million In

Legacy Net

Charge-Offs In

1Q11 (-0.06% Of

Average Loans)

1Q10

2Q10

3Q10

4Q10

1Q11

Net Charge-Offs -

legacy

5,094

$   

5,956

$   

6,123

$   

10,473

$

(655)

$   

Loan Growth

(501)

354

683

5,501

2,043

Change In Asset Quality

7,680

158

(3,548)

(4,418)

2,313

Loan Loss Provision -

legacy

12,273

$ 

6,468

$   

3,258

$   

11,556

$

3,701

$ 

Loan Loss Provision -

FDIC Acqs.

928

6,431

1,870

(332)

1,770

Total Loan Loss Provision

13,201

$ 

12,899

$ 

5,128

$   

11,224

$

5,471

$ 

Net Charge-Offs/Avg. Loans

0.36%

0.44%

0.36%

0.72%

-0.05%

Loan Loss Reserve/Loans

1.11%

1.67%

2.28%

2.26%

2.44%

The Lowest Level Of

C&D Loan Exposure

Compared To Peers

One Of The Lowest

Levels Of NPAs

Compared To Peers

Asset Quality

C&D Loans And

NPAs Compared To

Peers

Source: SNL, using most recent quarterly information

26

C&D Loans /

Total Loans

NPAs / Total

Assets

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

IBKC

SBCF

TRMK

PNFP

CCBG

SFNC

BXS

HBHC

WTNY

PRSP

UCBI

OZRK

5.0%

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

PRSP

IBKC

HBHC

TRMK

PNFP

WTNY

SFNC

OZRK

BXS

CCBG

UCBI

SBCF

1.01%

9.18%

IBKC

Including Acquisitions

27

Asset Quality

Commercial Real Estate Loan Portfolio

Excludes covered loans related to FDIC-Assisted Acquisitions

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

9,000,000

10,000,000

Non-Builder Portfolio CRE

-

CRE Loans Outstanding At March 31, 2011

28

Asset Quality

Commercial Real Estate Loan Portfolio

Note: Includes commercial construction and land development loans

Excludes covered loans related to FDIC-Assisted Acquisitions

Mar 2010

Jun 2010

Sep 2010

Dec 2010

Mar 2011

Non-Owner Occupied

Current

876.3

$        

866.3

$        

910.5

$        

895.0

$        

916.1

$        

Past Due

11.2

15.8

1.5

2.5

6.8

Nonaccrual

26.2

21.7

18.4

22.7

31.9

Total

913.7

$        

903.8

$        

930.5

$        

920.2

$        

954.8

$        

% Nonaccrual

2.87%

2.40%

1.98%

2.46%

3.34%

Owner Occupied

Current

624.1

$        

646.6

$        

605.2

$        

632.6

$        

691.2

$        

Past Due

1.4

2.5

7.3

1.7

0.8

Nonaccrual

10.0

8.1

5.0

5.6

5.9

Total

635.5

$        

657.2

$        

617.5

$        

639.9

$        

697.9

$        

% Nonaccrual

1.57%

1.23%

0.81%

0.88%

0.84%

Total CRE

1,549.2

$     

1,561.0

$     

1,548.0

$     

1,560.1

$     

1,652.7

$     

% Nonaccrual

2.33%

1.91%

1.52%

1.81%

2.29%

Non-Owner Occup/RBC

76%

74%

78%

76%

100%

29

Asset Quality

Commercial Loan Composition

Note:

At

March

31,

2011;

Includes

commercial

construction

and

land

development

loans

–

excludes

Covered

Assets

0%

5%

10%

15%

20%

Storage

Communications

Religious

Households

Agriculture

Transport

Education

Heavy/Civil Construction

Construction

Retail

Governmental

Real Estate

Hospitality

Wholesalers

Financial/Insurance

RE-Owner Occupied

Energy

Manufacturing

Other

Medical

RE-Non-Owner Occupied

0%

1%

1%

2%

2%

2%

2%

2%

3%

3%

5%

5%

5%

5%

5%

5%

6%

7%

8%

11%

19%

% Of Commercial Loan Portfolio At 3/31/2011

30

Consumer Loan

Portfolio

31

Consumer Loan Portfolio

By Product –

Score Distribution

Note: Excludes Credit Cards

Excludes Covered Loans from FDIC Acquisitions

Score

Intervals

HELOC

Home

Equity

Loans

Unsecured

Lines

Unsecured

Other

Secured

Indirect

Auto

800 +

11%

12%

4%

8%

13%

14%

750 - 799

41%

39%

24%

30%

26%

30%

700 - 749

24%

25%

25%

24%

22%

22%

650 - 699

13%

12%

22%

18%

18%

17%

600 - 649

5%

5%

10%

8%

8%

8%

550 - 599

2%

3%

5%

5%

5%

4%

500 - 549

2%

3%

4%

4%

3%

3%

450 - 499

0%

1%

1%

1%

1%

1%

400 - 449

0%

0%

0%

0%

0%

0%

Other

1%

1%

3%

2%

3%

1%

Total

100%

100%

100%

100%

100%

100%

Volume

219

$     

392

$      

19

$            

26

$            

58

$         

238

$      

Avg. Score

744

726

734

710

704

720

Consumer Portfolio - Score Distribution By Product

32

Consumer

Loan

Portfolio

Past Dues

By Product

Generally Good

And Stable

Asset Quality

Across

Consumer

Products

Excludes Covered Loans from FDIC Acquisitions

3/31/10

6/30/10

9/30/10

12/31/10

3/31/11

Home Equity Lines of Credit

30 to 59 Days Past Due

0.86%

0.47%

0.24%

0.21%

0.21%

60 to 89 Days Past Due

0.14%

0.05%

0.03%

0.28%

0.01%

Over 90 Days Past Due

0.14%

0.29%

0.15%

0.00%

0.00%

Total 30+ Days Past Due

1.14%

0.80%

0.42%

0.49%

0.22%

Net Charge-Offs

0.47%

0.58%

0.87%

1.28%

0.90%

Home Equity Term Loans

30 to 59 Days Past Due

1.08%

0.45%

0.28%

0.57%

0.29%

60 to 89 Days Past Due

0.18%

0.24%

0.16%

0.17%

0.01%

Over 90 Days Past Due

0.19%

0.13%

0.31%

0.00%

0.00%

Total 30+ Days Past Due

1.45%

0.82%

0.75%

0.75%

0.31%

Net Charge-Offs

0.46%

0.93%

0.21%

0.65%

0.82%

Indirect Loans

30 to 59 Days Past Due

0.49%

0.30%

0.34%

0.40%

0.34%

60 to 89 Days Past Due

0.07%

0.08%

0.09%

0.07%

0.02%

Over 90 Days Past Due

0.07%

0.03%

0.03%

0.00%

0.00%

Non Accrual

0.40%

0.39%

0.35%

0.42%

0.40%

Total 30+ Days Past Due

1.04%

0.80%

0.81%

0.89%

0.76%

Net Charge-Offs

0.31%

0.39%

0.13%

0.39%

0.17%

Credit Card Loans

30 to 59 Days Past Due

0.37%

0.37%

0.35%

0.34%

0.26%

60 to 89 Days Past Due

0.48%

0.21%

0.21%

0.22%

0.32%

Over 90 Days Past Due

0.00%

0.00%

0.00%

0.00%

0.00%

Non Accrual

0.88%

0.90%

0.86%

0.88%

1.02%

Total 30+ Days Past Due

1.73%

1.47%

1.41%

1.44%

1.60%

Net Charge-Offs

3.03%

3.03%

2.16%

1.98%

1.76%

Other Consumer Loans

30 to 59 Days Past Due

0.58%

0.42%

0.48%

0.36%

0.26%

60 to 89 Days Past Due

0.25%

0.21%

0.10%

0.10%

0.09%

Over 90 Days Past Due

0.45%

0.10%

0.04%

0.00%

0.00%

Total 30+ Days Past Due

1.28%

0.73%

0.62%

0.46%

0.35%

Net Charge-Offs

2.57%

1.45%

2.11%

1.86%

0.74%

Total Consumer Loans

Total 30+ Days Past Due

1.11%

0.68%

0.57%

0.58%

0.31%

Net Charge-Offs

0.71%

0.84%

0.60%

0.90%

0.71%

Loans Past Due As A % of Product Loans

Consumer Loan Portfolio - Quarterly Credit Statistics

33

Consumer Loan Portfolio

By Product –

Origination Mix

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1Q07

3Q07

1Q08

3Q08

1Q09

3Q09

1Q10

3Q10

1Q11

18%

21%

54%

7%

Quarter

Originations

-

Product Total %

Home Equity 2nd

Home Equity 1st

HELOC 2nd

HELOC 1st

34

Consumer Loan Portfolio

By Product –

Loan-To-Values

54%

81%

67%

75%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Quarter

Loan-to-Values At Time Of Origination

HELOC 1st

HELOC 2nd

Home Equity 1st

Home Equity 2nd

35

Consumer Loan Portfolio

Indirect –

30+ Days Past Dues

Month

Indirect Lending Portfolio

Loans Past Due 30 Days Or More

-35%

36

Consumer Loan Portfolio

Indirect –

Net Charge-Offs

Month

Indirect Lending Portfolio

Annualized Net Chargeoffs Per Month

.14%

37

FDIC Loss Share

Performance

Loss Share Performance

Covered Portfolio Performance

38

($ in thousands)

1

Excludes non-reimbursable expenses and accrued interest, which totaled $13.8mm life-to-date at March 31, 2011.

Original

Estimated

Losses

Additional

Impairment

Losses to

Date¹

Estimated

Remaining

Losses @

03/31/11

Projected

Total Losses

FDIC

Threshold

Projected

Credit

Improvement

Projected

Credit

Improvement

excl.

Additional

Impairment

CapitalSouth

113,500

$    

20,584

$      

47,254

$      

33,585

$      

80,839

$      

135,000

$    

32,661

$       

53,245

$       

Acquired 8/21/2009

Orion Bank

862,681

$    

38,728

$      

401,830

$    

195,112

$    

596,942

$    

550,000

$    

265,739

$      

304,467

$      

Acquired 11/13/09

Century Bank

296,809

$    

33,396

$      

131,279

$    

154,134

$    

285,413

$    

285,000

$    

11,396

$       

44,792

$       

Acquired 11/13/09

Sterling Bank

84,305

$      

-

$           

13,828

$      

70,477

$      

84,305

$      

52,000

$      

-

$             

-

Acquired 7/23/10

Total

1,357,295

$ 

92,708

$      

594,191

$    

453,308

$    

1,047,499

$ 

309,796

$      

402,504

$      

Loss Share Performance

Covered Portfolio Performance

39

($ in thousands)

Additional

Impairment

Loan

Recapture

Loan

Impairment

Total Loan

Impairment

ORE

Impairment

Other

1

Additional

Impairment

12/31/2010

Q1 2011

Q1 2011

Q1 2011

Q1 2011

3/31/2011

CapitalSouth

11,099

$     

(1,741)

$      

8,909

$       

7,169

$       

75

$           

2,242

$       

20,584

$     

Acquired 8/21/2009

Orion Bank

35,273

$     

(6,317)

$      

3,916

$       

(2,401)

$      

803

$         

5,054

$       

38,728

$     

Acquired 11/13/09

Century Bank

27,256

$     

(2,800)

$      

4,470

$       

1,670

$       

1,172

$       

3,299

$       

33,396

$     

Acquired 11/13/09

Sterling Bank

-

$          

-

$          

-

$          

-

$          

-

$          

-

$          

-

$          

Acquired 7/23/10

Total

73,627

$     

(10,858)

$    

17,296

$     

6,438

$       

2,049

$       

10,594

$     

92,708

$     

Net Loans

1,519,556

$

Notes:

% of Net Loans

6.1%

1

Represents ORE impairments prior to 12/31/2010

Gross Loans

2,128,894

$

% of Gross Loans

4.4%

Impairment Change

40

Loss Share Performance

Covered Loan Portfolio Rollforward

($ in thousands)

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Covered Loans

1,571,248

36,709

9.199%

1,466,627

39,453

10.592%

1,545,551

54,118

14.049%

Mortgage Loans

289,197

7,479

10.345%

247,827

6,159

9.941%

253,360

6,865

10.839%

Indirect Automobile

-

-

0.000%

-

-

0.000%

-

-

0.000%

Credit Card

1,204

25

8.374%

1,154

20

6.934%

1,083

19

7.091%

Consumer

190,836

2,893

6.015%

213,082

3,225

6.005%

196,378

3,926

8.107%

Line Of Credit-Consumer Loans

84,514

1,623

7.618%

79,958

4,582

22.733%

79,580

7,391

37.664%

Commercial & Business Banking

1,004,908

24,688

9.636%

924,098

25,467

10.792%

1,015,204

35,917

14.155%

Loans in Process

589

-

0.000%

508

-

0.000%

(54)

-

0.000%

Overdrafts

1

-

0.000%

0

-

0.000%

0

-

0.000%

FDIC Loss Share Receivable

865,810

(5,025)

-2.271%

899,558

(8,619)

-3.749%

708,809

(21,913)

-12.366%

Net Covered Loan Portfolio

2,437,058

31,684

5.133%

2,366,185

30,834

5.143%

2,254,360

32,205

5.744%

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Covered Loans

1,571,248

36,709

9.199%

1,466,627

39,453

10.592%

1,545,551

54,118

14.049%

CapitalSouth Bank

273,100

5,268

7.634%

250,865

8,355

13.171%

251,762

10,188

16.262%

Orion Bank

817,253

20,627

9.881%

742,289

24,721

13.046%

823,081

32,651

16.025%

Century Bank

366,169

8,860

9.580%

332,360

3,878

4.610%

339,135

9,156

10.795%

Sterling Bank

114,725

1,953

5.860%

141,113

2,499

6.770%

131,574

2,123

6.472%

FDIC Loss Share Receivable

865,810

(5,025)

-2.271%

899,558

(8,619)

-3.749%

708,809

(21,913)

-12.366%

CapitalSouth Bank

77,103

(954)

-4.840%

79,553

(2,600)

-12.788%

58,914

(1,877)

-12.744%

Orion Bank

551,435

(4,562)

-3.237%

555,610

(5,568)

-3.921%

418,948

(18,861)

-18.009%

Century Bank

186,425

349

0.732%

197,355

(593)

-1.177%

163,829

(1,385)

-3.383%

Sterling Bank

50,847

141

1.089%

67,040

142

0.830%

67,119

210

1.253%

Net Covered Loan Portfolio

2,437,058

31,684

5.133%

2,366,185

30,834

5.143%

2,254,360

32,205

5.744%

CapitalSouth Bank

350,204

4,314

4.887%

330,418

5,756

6.921%

310,676

8,311

10.762%

Orion Bank

1,368,688

16,066

4.596%

1,297,899

19,153

5.783%

1,242,029

13,790

4.546%

Century Bank

552,594

9,209

6.595%

529,715

3,285

2.457%

502,963

7,770

6.177%

Sterling Bank

165,573

2,095

4.393%

208,153

2,641

4.854%

198,692

2,333

4.709%

3Q2010

4Q2010

1Q2011

3Q2010

4Q2010

1Q2011

41

Acquisitions

OMNI BANCSHARES, Inc.

•

Announced February 22, 2011

•

Adds 14 branches –

nearly doubles

distribution and market share in New

Orleans, LA MSA

•

Complementary

client

base

–

enhances

ability to compete and capitalize on

current market dislocation

•

Total Loans:  $525 million

•

Total Assets:  $735 million

•

Total Deposits:  $646 million

•

Total Equity: $31 million plus $15

million trust preferred

•

Total deal value of $40 million plus

assume $24 million in trust preferred

and holding company debt

•

Includes $51 million, pre-tax credit

mark (9% of loans)

•

Price / Tangible Book: 1.3x

•

Core Deposit Premium:  1.8%

•

Adjusted Core Deposit Premium:  6.2%

•

Accretive to EPS

•

Slightly dilutive to TVBS

•

High teens IRR

42

IBERIABANK Branches

OMNI Branches

Cameron Bancshares, Inc.

43

Cameron Branches

•

Announced March 11, 2011

•

Adds 22 branches in Lake Charles MSA

•

Attractive, established client base

including a favorable small business

and retail client mix

•

Total Loans:  $408 million

•

Total Assets:  $706 million

•

Total Deposits:  $575 million

•

Total Equity:  $77 million

•

Total deal value of $133 million

•

Includes $25 million, pre-tax credit

mark (6% of loans)

•

Price / Tangible Book: 1.7x

•

Core Deposit Premium:  13.4%

•

Adjusted Core Deposit Premium: 

12.3%

•

Accretive to EPS

•

Slightly dilutive to TVBS

•

IRR in excess of 20%

Summary of Acquisitions 1Q11

•

Total Assets of $1.4 Billion (+14%)

•

Securities of $0.3 Billion (+12%)

•

Total Loans of $0.9 Billion (+15%)

•

Total Deposits of $1.2 Billion (+15%)

•

Shareholders Equity of $0.1 Billion (+8%)

•

36 Offices in 3 MSAs in Louisiana (+25%)

•

497 Employees (+23%)

44

Data as of December 31 ,2010

45

Markets

46

Markets –

Local Economies

Unemployment –

vs. U.S. MSAs

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

Consistently

Low Rates Of

Unemploy-

ment In Our

Legacy MSAs

Many Of Our

Legacy

Markets Not

Dependent

On Housing

For Growth

Assets In

FDIC-

Assisted

Acquisition

Markets Are

Protected

Under Loss-

Share

Agreements

47

Markets –

Local Economies

Freddie Mac –

Regional Prices

FHLMC, “Home Values Decline in Fourth Quarter"

February 28, 2011

Source: Freddie Mac

Last 5-Year

Housing

Price

Last 12

4Q10 vs.

Region

States Included

Change

Months

3Q10

Middle Atlantic

NY, NJ, PA

-0.6%

-1.7%

-4.4%

New England

CT, MA, ME, NH, RI, VT

-11.7%

-1.8%

-8.8%

West South Central

LA, AR, TX, OK

8.4%

-2.1%

-9.2%

East North Central

IL, IN, MI, OH, WI

-12.4%

-2.9%

-8.3%

Mountain

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

-20.0%

-2.9%

-16.0%

West North Central

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

-5.3%

-3.7%

-10.9%

East South Central

TN, AL, MS, KY

1.5%

-3.9%

-8.5%

South Atlantic

NC, SC, FL, GA, VA, MD, WV, DC, DE

-16.9%

-5.7%

-10.6%

Pacific

CA, OR, WA, HI, AK

-26.7%

-6.3%

-14.4%

United States

-12.3%

-4.3%

-10.1%

48

Markets –

Local Economies

Housing Price Change Vs. U.S. MSAs

48

Source: Freddie Mac, 4Q10 Data

49

Markets

–

Local

Economies

House Price Decline Probability

Local Housing

Prices Did Not

Escalate

Rapidly, So

Little House

Price “Snap-

Back”

According To

PMI, Our

Legacy Markets

Have Some Of

The Lowest

Probabilities To

Exhibit Housing

Price Declines

Over Next 2

Years

Source: PMI Economic Real Estate Trends as of 2Q10

50

Markets-Local Economies

IBKC Market Demographics

Source:

SNL

Financial

-

Pro Forma pending acquisitions

MSA

IBKC

Market

Rank

IBKC

Offices

IBKC

Deposits

IBKC Dep

Mkt. Share

(%)

Percent of

IBKC

Franchise

Market

Population

Population

Change

2000-10

(%)

Projected

Population

Change

2010-15

(%)

Median

HH

Income

2010 

($)

HH

Income

Change

2000-10

(%)

Projected

HH Income

Change

2010-15

(%)

FLORIDA

North Port-Bradenton-Sarasota, FL

4

13

942,036

5.55

10.85

712,761

20.82

4.06

51,943

27.68

10.66

Naples-Marco Island, FL

4

7

824,574

7.46

9.50

332,156

32.13

5.99

62,368

28.82

11.33

Miami-Fort Lauderdale-Pompano Beach-Homestead, FL

30

10

758,759

0.48

8.74

5,513,060

10.09

1.37

51,835

28.66

13.46

Key West, FL

5

5

197,375

8.74

2.27

73,868

(7.19)

(4.68)

53,763

25.83

10.94

Cape Coral-Fort Myers, FL

15

4

197,292

1.69

2.27

628,829

42.63

8.17

51,699

28.21

10.86

Jacksonville, FL

30

3

80,159

0.18

0.92

1,389,042

23.72

7.08

54,392

27.54

11.94

LOUISIANA

New Orleans-Metairie-Kenner, LA

5

25

1,323,690

4.75

13.35

1,187,772

(9.78)

8.77

42,621

20.67

6.36

Lafayette, LA

1

13

1,294,043

24.87

14.90

263,368

10.16

4.27

40,904

15.26

8.20

New Iberia, LA

1

4

825,934

48.14

9.51

75,402

2.92

0.17

35,185

13.27

7.36

Lake Charles, LA

3

19

537,623

17.22

5.42

194,964

0.72

(0.15)

40,423

14.49

9.42

Baton Rouge, LA

5

5

381,350

2.48

3.85

789,682

11.86

4.80

42,872

14.54

7.08

Monroe, LA

3

7

318,375

11.65

3.67

174,353

2.53

1.13

35,606

12.22

10.11

Shreveport-Bossier City, LA

7

2

202,919

3.42

2.34

394,961

5.05

1.61

37,988

14.48

8.83

Ruston, LA

3

2

99,879

9.35

1.15

57,874

(0.06)

(0.30)

30,621

11.16

4.98

Crowley, LA

4

2

55,324

7.29

0.64

60,988

3.61

0.49

29,921

12.20

4.42

Abbeville, LA

9

2

47,411

5.48

0.55

56,867

5.69

1.46

31,930

8.45

6.64

Bastrop, LA

6

2

18,964

7.19

0.22

28,799

(7.16)

(3.98)

27,955

11.26

5.29

Houma-Bayou Cane-Thibodaux, LA

14

1

14,864

0.37

0.17

204,128

4.96

0.46

39,560

12.74

9.36

ARKANSAS

Little Rock-North Little Rock-Conway, AR

9

11

439,589

3.25

5.06

694,164

13.70

5.87

51,146

31.38

13.27

Jonesboro, AR

3

6

215,850

8.60

2.49

119,895

11.26

6.02

39,890

28.23

16.63

Fayetteville-Springdale-Rogers, AR-MO

18

8

121,448

1.62

1.40

461,723

33.04

10.17

48,929

35.01

9.83

Paragould, AR

9

1

8,933

1.25

0.10

41,398

10.89

4.05

39,063

26.62

15.16

TENNESSEE

Memphis, TN-MS-AR

24

2

170,942

0.77

1.72

1,325,833

10.01

4.28

51,618

30.32

11.85

TEXAS

Houston-Sugar Land-Baytown, TX

83

5

52,825

0.04

0.53

6,017,013

27.60

10.46

58,086

30.07

14.35

ALABAMA

Birmingham-Hoover, AL

13

3

249,344

0.90

2.87

1,133,874

7.76

3.39

45,636

20.09

6.12

Montgomery, AL

13

2

86,103

1.47

0.99

372,902

7.61

3.06

44,338

19.12

8.45

Mobile, AL

11

1

70,134

1.18

0.81

410,234

2.60

1.01

39,492

17.15

9.17

Huntsville, AL

17

2

67,999

0.94

0.78

407,958

19.15

9.36

51,241

18.68

7.69

Aggregate: National

96.86

23,310,275

9.60

4.06

45,656

21.40

9.47

51

Markets –

Local Economies

IBKC 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 35

Offices (All Types)

Opened 21 New Bank

Offices

Opened 23 Mortgage

Offices

Opened 2 Title Office

13 Office Realignments

52

Markets –

Local Economies

Oil & Gas Impact

Source: Bloomberg

$4.23

$107.12

$-

$20.00

$40.00

$60.00

$80.00

$100.00

$120.00

$140.00

$160.00

$-

$2.00

$4.00

$6.00

$8.00

$10.00

$12.00

$14.00

$16.00

Natural Gas (Left Scale)

Crude Oil (Right Scale)

Natural Gas

Crude Oil

Natural Gas Average = $4.04

Crude Oil Average = $39.18

53

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

Expense Controls And Revenue Growth

EPS/Stock Price Linkage -

Shareholder Focus

Favorable Risk/Return Compared To Peers