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

3Q11 Earnings Conference Call

3Q11 Earnings Conference Call

Supplemental Materials

October 26, 2011

October 26, 2011

Exhibit 99.2

2

Safe Harbor Language

Safe Harbor Language

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

3

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

•

Legacy Deposit Growth in 3Q11 And Improved Deposit Mix

•

Future Growth Engines in Multiple Markets

•

Strategic Recruiting Continued During The 3

rd

Quarter

•

Fortunately, We Avoided What Ails The Banking Industry

•

Remain Well Positioned For Future Opportunities

4

IBKC Overview

IBKC Overview

Our Locations

5

Deposit Market Share as of  June 30, 2011. Source: SNL Financial. Map Reflects Locations as of  October 24,2011.

*Other Mortgage Locations not shown = 9

Arkansas

34 Branches

$1.0 bil deposits

#12 Rank

32 Non-bank Offices

Texas

4 Branches

$185 mm deposits

#227 Rank

3 Non-bank Offices

Louisiana

78 Branches

$5.1 bil deposits

#5 Rank

31 Non-bank Offices

Alabama

12 Branches

$500 mm deposits

#20 Rank

5 Non-bank Offices

Florida

42 Branches

$2.3 bil deposits

#24 Rank

10 Non-bank Offices

Tennessee

2 Branches

$155 mm deposits

#113 Rank

1 Non-bank Office

Financial Overview

6

Financial Overview

Summary –

3Q11 and 09/30/11

•

T/E Net Interest Income Up $17mm (+21%)

•

Credit Quality Statistics Excluding FDIC Covered Assets And

Acquired Assets Marked To Fair Value:

•

NPA/Assets = 0.95% (0.84% in 2Q11)

•

30+ Days Past Due = 1.68% (1.40% in 2Q11)

•

Loan Loss Reserve/Loans = 1.33% (1.28% in 2Q11)

•

Net COs/Average Loans = 0.12% (0.13% in 2Q11)

•

Provision = $6mm ($10mm in 2Q11)

•

Reported EPS Of $0.58, Up 212% from 2Q11.  Significant

Items Impacting 3Q11 Results Include:

•

Merger And Conversion Costs = $6mm or $0.12

•

Gains On Sale of Investments = $1mm or $0.03

7

Financial Overview

Favorable Balance Sheet Growth

3Q11 Results

3Q11 Results

•Loans +$26mm, +0.4%

•Deposits +$117mm +1.3%

•Loan/Deposits = 79%

•Equity = -$35mm, -2%

•Equity/Assets = 12.77%

•Tier 1 Leverage = 10.55%

•Div Payout = 57.7%

•ROA = 0.59%

•ROE = 4.56%

•ROTE = 6.44%

•Efficiency Ratio = 74%

•Tang Eff. Ratio = 75%

•BV/Share = $50.19

•Tang BV/Share = $37.12

8

$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

$9,000

Quarterly Averages

Annual Average Balances

Financial Overview

Low Risk Balance Sheet At September 30, 2011

41% Of Balance Sheet In Very Low Risk Components

9

Cash and

Equivalents,

4%

Investment

Securities,

18%

Mortgage

Loans Held

For Sale, 1%

Acquired

Loans -

Fair

Value, 0.3%

Loans -

FDIC

Covered, 12%

FDIC Loss

Share

Receivable,

5%

Loans -

Noncovered,

49%

Other Assets,

10%

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

Source: Bloomberg

as of October 25, 2011

Mortgage Interest Rate Trend

Financial Overview

Mortgage Quarterly Revenues

•

In 3Q11 Closed

$504mm (+43%

Vs. 2Q11)

•

In 3Q11 Sold

$447mm (+34%

Vs. 2Q11)

•

3Q11 Vs. 2Q11:

43% Increase In

Mtg. Revenues

•

3Q11 Vs. 3Q10:

1% Decrease In

Mtg. Revenues

•

$225 mm

Locked Pipeline

on 10/21/11

11

Financial Overview

Title Insurance Quarterly Revenues

•

Title &

Mortgage

Footprints

Don’t

Necessarily

Overlap

•

3Q11:

$4.9mm In

Revenues    

(+9% Vs. 

2Q11)

12

$-

$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

*

* Includes United Title in April 2007

**

** Includes American Abstract in March 2008

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Financial Overview

Service Charges/Revenues

•

Less Reliance On

Service Charge

Income And

Consumer Fees Than

Peers

13

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

EBTX

PBIB

OZRK

CSFL

UCBI

IBKC

SBCF

HOMB

PFBX

FSGI

HBHC

FMFC

BXS

TRMK

TIBB

SFNC

RNST

MSL

SBSI

CCBG

IBKC = 6%

Source: SNL

Data as of most recent quarter

Non-

Interest Income Excludes Gains on Acquisitions and Investment Sales

Financial Overview

Quarterly Repricing Schedule

4Q11

1Q12

2Q12

3Q12

4Q12

Cash Equivalents

319.4

$             

-

$      

-

$      

-

$      

-

$      

0.64%

0.00%

0.00%

0.00%

0.00%

Investments

330.7

$             

211.3

$   

209.1

$   

142.6

$   

93.5

$    

3.05%

3.45%

3.61%

3.79%

3.80%

Loans

3,755.4

$          

386.5

$   

379.6

$   

358.5

$   

232.7

$   

3.65%

5.49%

5.28%

5.08%

5.62%

Time Deposits

728.4

$             

485.8

$   

467.3

$   

405.9

$   

126.7

$   

1.32%

1.51%

1.50%

1.51%

1.49%

Borrowed Funds

344.2

$             

22.3

$    

20.8

$    

1.5

$      

5.8

$      

1.25%

3.01%

2.90%

4.01%

2.19%

14

Financial Overview

Interest Rate Simulations

Source: Bancware

model, as of September 30, 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 Cameron and OMNI acquisitions

Base

Blue

Forward

Change In:

-200 bp

-100 bp

Case

+100 bp

+200 bp

Chip

Curve

Net Interest

Income

0.3%

0.3%

0.0%

2.0%

4.4%

-0.1%

0.8%

Economic

Value of

Equity

2.9%

2.0%

0.0%

5.4%

7.9%

-0.1%

-0.1%

15

Financial Overview

Annual Change In Stock Price

Source: Bloomberg

as of October 25, 2011

16

-60%

-20%

0%

20%

40%

60%

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

58%

-40%

Financial Overview

3 Years Price Change By Index

Source: SNL Through October 25, 2011

17

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

60%

70%

80%

+14%

Banks < $250M

Southeast Banks

Micro Cap Banks

Banks < $500M

Banks $1B-$5B

Banks > $10B

Banks $250M-$500M

Banks

Large Cap Banks

Banks $5B-$10B

Mid Cap Banks

TARP Participants

KBW Bank

Banks $500M-$1B

Small Cap Banks

Mid-Atlantic Banks

NASDAQ Bank

Western Banks

S&P Bank

Midwest Banks

Southwest Banks

S&P Financials

All Financial Institutions

NASDAQ Finl

New England Banks

IBERIABANK Corporation

NYSE

S&P 500

Russell 3000

Russell 2000

S&P Small-Cap

NASDAQ

S&P Mid-Cap

Asset Quality

18

Asset Quality

Loan Portfolio Mix

% based on gross portfolio –

excluding discounts on

loans

acquired

in

FDIC-assisted

transactions

$000s

% of CRE

%

Loans

C&D-IBERIABANK

344,926

15%

4%

CRE-Owner Occupied

932,169

41%

12%

CRE-Non-Owner Occupied

1,006,017

44%

13%

Total Commercial RE

2,283,111

$        

100%

29%

Residential

4%

Home Equity

10%

Credit Card

1%

Automobile

0%

Indirect

Automobile

4%

Other Consumer

1%

Business

22%

Commercial RE

29%

All Other Loans

4%

CapitalSouth

Gross Loans = 3%,

Discount = 1%

Orion

Gross Loans = 10%,

Discount = 4%

Century

Gross Loans = 4%,

Discount = 2%

Transparent

slices

indicate

loan

discounts

Sterling

Gross Loans = 2%,

Discount = 1%

19

Asset Quality

IBERIABANK

Builder & Non-Builder

C&D Loan Exposure

Note: Excludes Covered Loans

20

Asset Quality

3Q11 Compared To Prior Quarters

Note: Includes FDIC Assisted Acquisitions

21

     ($thousands)

3Q10

4Q10

1Q11

2Q11

3Q11

Nonaccruals

871,353

$  

816,243

$  

800,265

$  

790,953

$  

805,247

$  

OREO & Foreclosed

57,495

69,218

83,186

117,741

123,307

90+ Days Past Due

43,593

53,112

29,279

23,070

24,741

  Nonperforming Assets

972,441

$  

938,573

$  

912,730

$  

931,765

$  

953,295

$  

NPAs/Assets

9.21%

9.36%

9.18%

8.14%

8.27%

NPAs/(Loans + OREO)

16.63%

15.37%

14.71%

12.73%

12.97%

LLR/Loans

2.28%

2.26%

2.44%

2.36%

2.43%

Net Charge-Offs/Loans

0.36%

0.72%

-0.05%

0.10%

0.10%

Past Dues:

30-89 Days Past Due

89,786

$    

111,345

$  

107,725

$  

86,880

$    

74,604

$    

90+ days Past Due

43,593

53,112

29,279

23,070

24,741

Nonaccual Loans

871,353

816,243

800,265

790,953

805,247

Total 30+ Past Dues

1,004,732

$

980,700

$  

937,269

$  

900,903

$  

904,592

$  

% Loans

17.35%

16.25%

15.31%

12.51%

12.52%

Loan Mix:

Commercial

66.2%

67.2%

67.5%

60.6%

61.4%

Consumer

15.4%

15.4%

16.0%

16.2%

16.0%

Mortgage

12.4%

11.5%

10.8%

8.9%

8.3%

Business Banking

1.4%

1.4%

1.4%

10.5%

10.3%

Indirect

4.0%

3.8%

3.7%

3.2%

3.4%

Credit Cards

0.6%

0.7%

0.6%

0.6%

0.6%

   Total Loans

100.0%

100.0%

100.0%

100.0%

100.0%

IBERIABANK Corporation

9/30/10

12/31/10

3/31/11

6/30/11

9/30/11

Consolidated (Ex-FDIC Covered Assets and SOP 03-3)

     30+ days past due

0.52%

0.33%

0.35%

0.41%

0.46%

     Non-accrual

0.96%

1.11%

1.30%

0.99%

1.22%

     Total Past Due

1.48%

1.44%

1.65%

1.40%

1.68%

CapitalSouth Only

     30+ days past due

7.94%

7.10%

7.85%

6.57%

6.09%

     Non-accrual

23.38%

21.12%

21.47%

21.05%

21.20%

     Total Past Due

31.32%

28.22%

29.32%

27.62%

27.29%

Orion Only

     30+ days past due

3.59%

6.11%

4.24%

3.31%

2.85%

     Non-accrual

36.26%

34.52%

36.07%

35.16%

37.56%

     Total Past Due

39.85%

40.63%

40.31%

38.47%

40.41%

Century Only

     30+ days past due

3.53%

5.44%

5.18%

3.82%

4.09%

     Non-accrual

40.57%

41.39%

42.15%

42.74%

43.95%

     Total Past Due

44.10%

46.83%

47.33%

46.56%

48.04%

Sterling Only

     30+ days past due

7.31%

10.68%

12.17%

3.83%

2.69%

     Non-accrual

20.08%

26.68%

28.59%

31.97%

34.68%

     Total Past Due

27.39%

37.36%

40.76%

35.80%

37.37%

Consolidated (With FDIC Covered Assets)

     30+ days past due

1.98%

2.44%

2.04%

1.41%

1.28%

     Non-accrual

12.95%

12.10%

11.89%

10.17%

10.36%

     Total Past Due

14.93%

14.54%

13.93%

11.58%

11.64%

Asset Quality

Loans Past Due + Non-Accruals

** Beginning

in

2011,

IBERIABANK

fsb

was

merged

with

IBERIABANK

22

Asset Quality

Trends –

Entity NPAs & Past Dues

Note: Includes FDIC Assisted Acquisitions

23

(Dollars in $000s)

3Q10

4Q10

1Q11*

2Q11

3Q11

$Chg

9/30/10

12/31/10

3/31/11

6/30/11

9/30/11

Last Qtr.

Nonaccrual Loans

871,353

$    

816,244

$    

800,265

$    

790,953

$    

805,247

$    

14,294

$      

OREO & Foreclosed Assets

57,495

$      

69,217

$      

83,186

$      

117,742

$    

123,307

$    

5,564

$        

Accruing 90+ Days Past Due

43,593

$      

53,112

$      

29,279

$      

23,070

$      

24,741

$      

1,671

$        

Total NPAs

972,441

$    

938,573

$    

912,730

$    

931,765

$    

953,295

$    

21,530

$      

NPAs / Total Assets

9.21%

9.36%

9.18%

8.14%

8.27%

30-89 Days Past Due

89,786

$      

111,345

$    

107,725

$    

86,880

$      

74,604

$      

(12,276)

$     

30-89 Days PDs / Loans

1.55%

1.84%

1.76%

1.21%

1.03%

Asset Quality

Trends –

Entity LLR & Net COs

Note: Includes FDIC Assisted Acquisitions

24

(Dollars in $000s)

3Q10

4Q10

1Q11

2Q11

3Q11

$Chg

09/30/10

12/31/2010

3/31/2011

6/30/2011

9/30/2011

Last Qtr.

Loan Loss Reserve*

131,954

$    

136,100

$    

149,119

$    

169,988

$    

175,320

$    

5,332

$       

LLR / Total Loans

2.28%

2.26%

2.44%

2.36%

2.43%

Net Charge-Offs

5,330

$       

10,506

$      

(764)

$         

1,718

$       

1,880

$       

161

$          

Net COs/Avg Loans

0.36%

0.72%

-0.05%

0.10%

0.10%

LLR Coverage Of NPAs

14%

15%

16%

18%

18%

*

Does not include loan discounts associated with acquisitions.

Asset Quality

Loan Mix And 30 Days+ Past Due

25

3Q10

4Q10

1Q11

2Q11

3Q11

3Q11*

9/30/10

12/31/10

3/31/11

6/30/11

9/30/11

9/30/11

% of Outstandings

Commercial

66.2%

67.3%

67.5%

60.6%

61.4%

61.0%

Mortgage

12.4%

11.5%

10.8%

8.9%

8.3%

5.3%

Consumer

15.4%

15.4%

16.0%

16.2%

16.0%

15.8%

Indirect

4.0%

3.8%

3.7%

3.2%

3.4%

4.5%

Business Banking

1.4%

1.4%

1.4%

10.5%

10.3%

12.7%

Credit Cards

0.6%

0.6%

0.6%

0.6%

0.6%

0.7%

Total Loans

100.0%

100.0%

100.0%

100.0%

100.0%

100.0%

Past Due 30+ Days*

Commercial

15.99%

15.55%

14.78%

12.97%

12.80%

1.71%

Mortgage

14.28%

14.94%

15.21%

14.89%

15.84%

2.60%

Consumer

16.22%

14.82%

14.71%

11.33%

10.52%

1.17%

Indirect

0.78%

0.87%

0.74%

0.78%

0.96%

0.89%

Business Banking

2.95%

2.57%

2.82%

4.91%

7.01%

2.07%

Credit Cards

1.50%

1.57%

1.74%

1.56%

1.90%

1.73%

Total Loans

14.93%

14.54%

13.93%

11.58%

11.64%

1.68%

*

Excludes FDIC assisted acquisitions and SOP 03-3 loans acquired from OMNI and Cameron

Asset Quality

Asset Quality

Classified Assets

•

“Classified Assets”

Are

Loans That Exhibit

Stress And Warrant

Close Watching

•

At September 30,

2011 Classified Assets

were $197 million

•

Our Classified Assets

As A Percentage Of

Total Assets Are Very

Low, Particularly 

Compared To Our Local

Peers

26

Source: SNL, Company Filings for  2010

IBKC Data as of September 30, 2011 -Excludes covered

loans related to FDIC-Assisted Acquisitions

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

SBSI

OZRK

IBERIABANK

SFNC

RNST

EBTX

HOMB

TRMK

MSL

BXS

HBHC

CSFL

FMFC

SBCF

CCBG

WTNY

PFBX

PBIB

UCBI

FSGI

Classified Assets-to-

Total Assets

At December 31, 2010

$1.7 Million In

Net Charge-Offs

In 3Q11

Excluding FDIC

Covered and

SOP 03-3 Loans

(0.12% Of

Average Loans)

Asset Quality

Loan Loss Reserve

•

Legacy IBERIABANK Credits Performing Very Well

•

Classified Assets And NPAs Remain Favorable

•

$6.1 Million Loan Loss Provision In 3Q11 (2Q11 = $10.0

Million)

•

Acquired Builder Construction Portfolio Was Only $1.9

Million (0.03% of Total Loans)

27

3Q10

4Q10

1Q11

2Q11

3Q11

Net Charge-Offs - legacy

6,123

$     

10,473

$  

(655)

$      

1,895

$    

1,711

$   

Loan Growth

683

5,501

2,043

4,737

615

Change In Asset Quality

(3,548)

(4,418)

2,313

719

3,976

Loan Loss Provision - legacy

3,258

$     

11,556

$  

3,701

$    

7,351

$    

6,302

$   

Loan Loss Provision - FDIC Acqs.

1,870

(332)

1,770

2,639

(175)

Total Loan Loss Provision

5,128

$     

11,224

$  

5,471

$    

9,990

$    

6,127

$   

Net Charge-Offs/Avg. Loans

0.36%

0.72%

-0.05%

0.10%

0.10%

Loan Loss Reserve/Loans

2.28%

2.26%

2.44%

2.36%

2.43%

•

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

* Excludes FDIC Covered Assets and acquired assets marked

to fair value

28

Asset Quality

Commercial Real Estate Loan Portfolio

Excludes covered loans related to FDIC-Assisted Acquisitions

29

-

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 September 30, 2011

Asset Quality

Commercial Real Estate Loan Portfolio

Note: Includes commercial construction and land development loans

Excludes covered loans related to FDIC-Assisted Acquisitions

Sep 2010

Dec 2010

Mar 2011

Jun 2011

Sep 2011

Non-Owner Occupied

Current

910.5

$         

895.0

$         

916.1

$         

1,215.2

$      

1,193.0

$      

Past Due

1.5

2.5

6.8

10.8

16.2

Nonaccrual

18.4

22.7

31.9

50.7

57.1

Total

930.5

$         

920.2

$         

954.8

$         

1,276.7

$      

1,266.4

$      

   % Nonaccrual

1.98%

2.46%

3.34%

3.97%

4.51%

Owner Occupied

Current

605.2

$         

632.6

$         

691.2

$         

982.7

$         

1,009.0

$      

Past Due

7.3

1.7

0.8

1.2

0.5

Nonaccrual

5.0

5.6

5.9

7.5

7.3

Total

617.5

$         

639.9

$         

697.9

$         

991.4

$         

1,016.7

$      

   % Nonaccrual

0.81%

0.88%

0.84%

0.75%

0.72%

Total CRE

1,548.0

$      

1,560.1

$      

1,652.7

$      

2,268.1

$      

2,283.1

$      

   % Nonaccrual

1.52%

1.81%

2.29%

2.56%

2.82%

Non-Owner Occup/Risk Based Cap.

78%

76%

100%

120%

100%

30

Asset Quality

Commercial Loan Composition

Note:

At

September

30,

2011;

Includes

commercial

construction

and

land

development

loans

–

excludes

Covered

Assets

31

0%

5%

10%

15%

20%

25%

30%

35%

Storage

Agriculture

Governmental

Communications

Energy

Transport

Financial/Insurance

Education

Households

Religious

Heavy/Civil Construction

Wholesalers

Manufacturing

Construction

Retail

Other

Hospitality

RE-Owner Occupied

Medical

% Of Commercial Loan Portfolio At September 30, 2011

RE-Non-Owner Occupied

Consumer Loan

Portfolio

32

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 +

12%

14%

5%

8%

13%

12%

750 - 799

40%

35%

29%

31%

25%

28%

700 - 749

25%

24%

28%

25%

25%

23%

650 - 699

14%

15%

20%

17%

16%

18%

600 - 649

5%

5%

9%

8%

8%

8%

550 - 599

2%

4%

5%

5%

6%

5%

500 - 549

1%

2%

4%

3%

4%

3%

450 - 499

0%

1%

1%

1%

1%

1%

400 - 449

0%

0%

0%

0%

0%

0%

Other

1%

1%

2%

2%

3%

1%

Total

100%

100%

100%

100%

100%

100%

Avg. Score

745

725

731

710

700

716

Consumer Portfolio - Score Distribution By Product

33

Consumer

Loan Portfolio

Past Dues

By Product

•

Generally Good

And Stable Asset

Quality Across

Consumer

Products

Excludes Covered Loans from FDIC Acquisitions

9/30/10

12/31/10

3/31/11

6/30/11

9/30/11

Home Equity Lines of Credit

30 to 59 Days Past Due

0.24%

0.21%

0.21%

0.13%

0.17%

60 to 89 Days Past Due

0.03%

0.28%

0.01%

0.04%

0.08%

Over 90 Days Past Due

0.15%

0.00%

0.00%

0.00%

0.00%

Total 30+ Days Past Due

0.42%

0.49%

0.22%

0.17%

0.25%

Net Charge-Offs

0.87%

1.28%

0.90%

0.02%

0.38%

Home Equity Term Loans

30 to 59 Days Past Due

0.28%

0.57%

0.29%

0.50%

0.59%

60 to 89 Days Past Due

0.16%

0.17%

0.01%

0.13%

0.21%

Over 90 Days Past Due

0.31%

0.00%

0.00%

0.00%

0.01%

Total 30+ Days Past Due

0.75%

0.75%

0.31%

0.63%

0.81%

Net Charge-Offs

0.21%

0.65%

0.82%

0.34%

0.21%

Indirect Loans

30 to 59 Days Past Due

0.34%

0.40%

0.34%

0.38%

0.46%

60 to 89 Days Past Due

0.09%

0.07%

0.02%

0.09%

0.11%

Over 90 Days Past Due

0.03%

0.00%

0.00%

0.00%

0.00%

Non Accrual

0.35%

0.42%

0.40%

0.33%

0.42%

Total 30+ Days Past Due

0.81%

0.89%

0.76%

0.80%

0.99%

Net Charge-Offs

0.13%

0.39%

0.17%

0.09%

0.30%

Credit Card Loans

30 to 59 Days Past Due

0.35%

0.34%

0.26%

0.29%

0.37%

60 to 89 Days Past Due

0.21%

0.22%

0.32%

0.14%

0.25%

Over 90 Days Past Due

0.00%

0.00%

0.00%

0.00%

0.00%

Non Accrual

0.86%

0.88%

1.02%

1.01%

1.11%

Total 30+ Days Past Due

1.41%

1.44%

1.60%

1.44%

1.73%

Net Charge-Offs

2.16%

1.98%

1.76%

2.05%

1.69%

Other Consumer Loans

30 to 59 Days Past Due

0.48%

0.36%

0.26%

0.30%

0.28%

60 to 89 Days Past Due

0.10%

0.10%

0.09%

0.30%

0.05%

Over 90 Days Past Due

0.04%

0.00%

0.00%

0.00%

0.00%

Total 30+ Days Past Due

0.62%

0.46%

0.35%

0.60%

0.33%

Net Charge-Offs

2.11%

1.86%

0.74%

0.78%

1.81%

Total Consumer Loans

Total 30+ Days Past Due

0.57%

0.58%

0.31%

0.47%

0.56%

Net Charge-Offs

0.60%

0.90%

0.71%

0.31%

0.48%

Consumer Loan Portfolio - Quarterly Credit Statistics

Loans Past Due As A % of Product Loans

34

Consumer Loan Portfolio

By

Product

–

Origination

Mix

35

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1Q07

3Q07

1Q08

3Q08

1Q09

3Q09

1Q10

3Q10

1Q11

3Q11

35%

41%

19%

5%

Quarter

Originations

-

Product Total %

Consumer Loan Portfolio

By Product –

Loan-To-Values

36

54%

77%

68%

79%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Loan-to-Values At Time Of Origination

HELOC 1st

HELOC 2nd

Home Equity 1st

Home Equity 2nd

Quarter

Consumer Loan Portfolio

Indirect –

30+ Days Past Dues

37

Month

.55%

Consumer Loan Portfolio

Indirect –

Net Charge-Offs

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%

.17%

38

Month

FDIC Loss Share

Performance

39

Loss Share Performance Covered

Loan Portfolio Rollforward

40

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Covered Loans

1,466,627

39,453

10.592%

1,545,551

54,118

14.049%

1,489,782

40,454

10.768%

1,421,784

28,201

7.819%

Mortgage Loans

247,827

6,159

9.941%

253,360

6,865

10.839%

243,303

4,487

7.378%

229,678

5,209

9.072%

Indirect Automobile

-

-

0.000%

-

-

0.000%

-

-

0.000%

-

-

0.000%

Credit Card

1,154

20

6.934%

1,083

19

7.091%

1,026

17

6.721%

972

16

6.693%

Consumer

213,082

3,225

6.005%

196,378

3,926

8.107%

189,022

(234)

-0.497%

172,391

3,780

8.698%

Line Of Credit-Consumer Loans

79,958

4,582

22.733%

79,580

7,391

37.664%

81,575

2,967

14.588%

80,650

2,372

11.669%

Commercial & Business Banking

924,098

25,467

10.792%

1,015,204

35,917

14.155%

975,301

33,217

13.477%

938,554

16,824

7.018%

Loans in Process

508

-

0.000%

(54)

-

0.000%

(445)

-

0.000%

(460)

-

0.000%

Overdrafts

0

-

0.000%

0

-

0.000%

0

-

0.000%

0

-

0.000%

FDIC Loss Share Receivable

899,558

(8,619)

-3.749%

708,809

(21,913)

-12.366%

666,159

(18,315)

-10.877%

626,551

(2,602)

-1.625%

Net Covered Loan Portfolio

2,366,185

30,834

5.143%

2,254,360

32,205

5.744%

2,155,941

22,139

4.080%

2,048,335

25,599

4.930%

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Covered Loans

1,466,627

39,453

10.592%

1,545,551

54,118

14.049%

1,489,782

40,454

10.768%

1,421,784

28,201

7.819%

CapitalSouth Bank

250,865

8,355

13.171%

251,762

10,188

16.262%

240,511

5,196

8.536%

227,549

(1,827)

-3.080%

Orion Bank

742,289

24,721

13.046%

823,081

32,651

16.025%

794,202

29,013

14.479%

759,860

24,875

12.861%

Century Bank

332,360

3,878

4.610%

339,135

9,156

10.795%

323,681

4,105

5.072%

303,773

3,024

3.979%

Sterling Bank

141,113

2,499

6.770%

131,574

2,123

6.472%

131,388

2,140

6.464%

130,602

2,130

6.405%

FDIC Loss Share Receivable

899,558

(8,619)

-3.749%

708,809

(21,913)

-12.366%

666,159

(18,315)

-10.877%

626,551

(2,602)

-1.625%

CapitalSouth Bank

79,553

(2,600)

-12.788%

58,914

(1,877)

-12.744%

58,676

(4,456)

-30.041%

57,146

5,754

39.402%

Orion Bank

555,610

(5,568)

-3.921%

418,948

(18,861)

-18.009%

392,880

(13,256)

-13.348%

375,943

(11,021)

-11.472%

Century Bank

197,355

(593)

-1.177%

163,829

(1,385)

-3.383%

157,959

(756)

-1.894%

145,807

2,505

6.723%

Sterling Bank

67,040

142

0.830%

67,119

210

1.253%

56,644

152

1.065%

47,655

159

1.310%

Net Covered Loan Portfolio

2,366,185

30,834

5.143%

2,254,360

32,205

5.744%

2,155,941

22,139

4.080%

2,048,335

25,599

4.930%

CapitalSouth Bank

330,418

5,756

6.921%

310,676

8,311

10.762%

299,187

740

0.954%

284,696

3,927

5.448%

Orion Bank

1,297,899

19,153

5.783%

1,242,029

13,790

4.546%

1,187,083

15,757

5.269%

1,135,803

13,853

4.807%

Century Bank

529,715

3,285

2.457%

502,963

7,770

6.177%

481,639

3,349

2.787%

449,580

5,529

4.869%

Sterling Bank

208,153

2,641

4.854%

198,692

2,333

4.709%

188,032

2,293

4.838%

178,257

2,290

5.043%

4Q2010

1Q2011

2Q2011

3Q2011

4Q2010

1Q2011

2Q2011

3Q2011

Markets

41

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

42

Markets –

Local Economies

Freddie Mac –

Regional Prices

Source: Freddie Mac, FMHPI data series for 2Q2011

Last 5-Year

Housing

Price

Last 12

2Q11 vs.

Region

States Included

Change

Months

1Q11

West South Central

LA, AR, TX, OK

-1.8%

-2.3%

10.8%

West North Central

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

-6.0%

-3.1%

16.0%

East South Central

TN, AL, MS, KY

-9.2%

-3.8%

9.3%

South Atlantic

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

-16.5%

-4.0%

13.6%

New England

CT, MA, ME, NH, RI, VT

-18.0%

-4.6%

8.8%

East North Central

IL, IN, MI, OH, WI

-20.2%

-4.8%

26.2%

Pacific

CA, OR, WA, HI, AK

-22.1%

-5.8%

8.1%

Middle Atlantic

NY, NJ, PA

-14.6%

-5.9%

3.2%

Mountain

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

-25.3%

-9.6%

-0.6%

United States

-25.1%

-7.0%

8.5%

43

Markets –

Local Economies

Housing Price Change Vs. U.S. MSAs

Source: Freddie Mac, FMHPI data series for 2Q2011

44

-40.0%

-35.0%

-30.0%

-25.0%

-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

Average of MSAs

-5.4%

-3%

8%

2%

7%

-8%

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

Louisiana MSAs

Alexandria LA MSA

Baton Rouge LA MSA

Houma-Bayou Cane-Thibodaux LA MSA

Lafayette LA MSA

Lake Charles LA MSA

Monroe LA MSA

New Orleans-Metairie-Kenner LA MSA

Shreveport-Bossier City LA MSA

Markets –

Local Economies

Housing

Price

Trends

–

IBKC

Markets

45

Source :

Freddie Mac FHMPI Index –

data indexed at 4Q2006

Markets –

Local Economies

Housing

Price

Trends

–

IBKC

Markets

-26%

0%

-3%

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

Arkansas MSAs

Fayetteville-Springdale-Rogers AR-MO MSA

Jonesboro AR MSA

Little Rock-North Little Rock-Conway AR MSA

46

Source :

Freddie Mac FHMPI Index –

data indexed at 4Q2006

Markets –

Local Economies

Housing

Price

Trends

–

IBKC

Markets

-52%

-32%

-53%

-46%

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

Florida MSAs

Cape Coral-Fort Myers FL MSA

Jacksonville FL MSA

Miami-Fort Lauderdale-Pompano Beach FL MSA

Naples-Marco Island FL MSA

North Port-Bradenton-Sarasota FL MSA

47

Source :

Freddie Mac FHMPI Index –

data indexed at 4Q2006

Markets –

Local Economies

Housing

Price

Trends

–

IBKC

Markets

-11%

-4%

-19%

6%

-16%

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

Other MSAs

Birmingham-Hoover AL MSA

Huntsville AL MSA

Mobile AL MSA

Montgomery AL MSA

Houston-Sugar Land-Baytown TX MSA

Memphis TN-MS-AR MSA

48

Source :

Freddie Mac FHMPI Index –

data indexed at 4Q2006

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 2Q11

49

Shreveport, LA 17.6%

Jonesboro, AR 17.7%

Lafayette, LA 18.1%

Mobile, AL 39.4%

Baton Rouge, LA 40.9%

New Orleans, LA 45.9%

Memphis, TN 46.0%

Lake Charles, LA 47.8%

Little Rock, AR 23.7%

NW Arkansas, 25.0%

W. Palm Beach, FL 90.0%

Jacksonville, FL 92.6%

Tampa, FL 93.2%

Bradenton, FL 93.5%

Cape Coral, FL 96.0%

Naples, FL 96.8%

Monroe, LA 31.3%

Houston, TX 32.7%

Birmingham, AL 33.3%

Huntsville, AL 36.5%

Montgomery, AL 36.8%

Markets-Local Economies

IBKC Market Demographics

Source: SNL Financial

50

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

6

13

706,045

4.30

7.63

712,761

20.82

4.06

51,943

27.68

10.66

Naples-Marco Island, FL

5

7

623,371

6.25

6.74

332,156

32.13

5.99

62,368

28.82

11.33

Miami-Fort Lauderdale-Pompano Beach, FL

34

11

526,968

0.33

5.70

5,513,060

10.09

1.37

51,835

28.66

13.46

Key West, FL

5

5

185,312

8.21

2.00

73,868

(7.19)

(4.68)

53,763

25.83

10.94

Cape Coral-Fort Myers, FL

18

4

158,839

1.39

1.72

628,829

42.63

8.17

51,699

28.21

10.86

Jacksonville, FL

30

3

53,557

0.11

0.58

1,389,042

23.72

7.08

54,392

27.54

11.94

LOUISIANA

New Orleans-Metairie-Kenner, LA

5

24

1,404,895

4.82

15.18

1,187,772

(9.78)

8.77

42,621

20.67

6.36

Lafayette, LA

1

13

1,280,381

23.15

13.84

263,368

10.16

4.27

40,904

15.26

8.20

New Iberia, LA

1

4

786,474

45.05

8.50

75,402

2.92

0.17

35,185

13.27

7.36

Lake Charles, LA

3

17

508,287

15.17

5.49

194,964

0.72

(0.15)

40,423

14.49

9.42

Baton Rouge, LA

5

5

430,652

2.72

4.65

789,682

11.86

4.80

42,872

14.54

7.08

Monroe, LA

3

6

316,612

11.31

3.42

174,353

2.53

1.13

35,606

12.22

10.11

Shreveport-Bossier City, LA

7

2

189,816

2.85

2.05

394,961

5.05

1.61

37,988

14.48

8.83

Ruston, LA

4

2

89,832

7.88

0.97

57,874

(0.06)

(0.30)

30,621

11.16

4.98

Crowley, LA

6

2

52,234

6.52

0.56

60,988

3.61

0.49

29,921

12.20

4.42

Abbeville, LA

9

2

46,760

5.12

0.51

56,867

5.69

1.46

31,930

8.45

6.64

Bastrop, LA

6

2

17,509

6.49

0.19

28,799

(7.16)

(3.98)

27,955

11.26

5.29

Houma-Bayou Cane-Thibodaux, LA

14

1

13,291

0.31

0.14

204,128

4.96

0.46

39,560

12.74

9.36

ARKANSAS

Little Rock-North Little Rock-Conway, AR

9

11

389,999

2.87

4.22

694,164

13.70

5.87

51,146

31.38

13.27

Jonesboro, AR

3

6

213,547

8.31

2.31

119,895

11.26

6.02

39,890

28.23

16.63

Fayetteville-Springdale-Rogers, AR-MO

17

8

118,343

1.44

1.28

461,723

33.04

10.17

48,929

35.01

9.83

Paragould, AR

9

2

7,324

0.98

0.08

41,398

10.89

4.05

39,063

26.62

15.16

TENNESSEE

Memphis, TN-MS-AR

25

2

155,202

0.68

1.68

1,325,833

10.01

4.28

51,618

30.32

11.85

TEXAS

Houston-Sugar Land-Baytown, TX

54

4

185,288

0.13

2.00

6,017,013

27.60

10.46

58,086

30.07

14.35

ALABAMA

Birmingham-Hoover, AL

13

4

245,181

0.84

2.65

1,133,874

7.76

3.39

45,636

20.09

6.12

Montgomery, AL

12

2

104,538

1.45

1.13

372,902

7.61

3.06

44,338

19.12

8.45

Mobile, AL

9

2

99,878

1.65

1.08

410,234

2.60

1.01

39,492

17.15

9.17

Huntsville, AL

19

2

41,820

0.63

0.45

407,958

19.15

9.36

51,241

18.68

7.69

Daphne-Fairhope-Foley, AL

18

1

14,260

0.44

0.15

186,407

32.75

11.05

46,476

15.47

3.91

Aggregate: National

169

9,603,738

96.86

23,310,275

9.60

4.06

45,656

21.40

9.47

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 27 New Markets

•

Acquired 180 Offices (All)

•

Closed/Consolidated 54

Offices (All Types)

•

Opened 23 New Bank

Offices

•

Opened 27 Mortgage

Offices

•

Opened 2 Title Office

•

13 Office Realignments

51

Markets –

Local Economies

Oil & Gas Impact

Source: Bloomberg

52

Natural Gas

Crude Oil

$3.62

$92.99

$-

$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

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

53