Iberiabank 8K Results of Operations and Financial Condition | IBKC 24 Oct 12

Exhibit 99.2

3Q12 Earnings Conference Call

Supplemental Presentation

October 23, 2012

Safe Harbor Language

To the extent that statements in this presentation and the accompanying press release relate to

future plans, objectives, financial results or performance of IBERIABANK Corporation, these statements are

deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of

1995. Such statements, which are based on management’s current information, estimates and assumptions

and the current economic environment, are generally identified by the use of the words “plan”, “believe”,

“expect”,

“intend”,

“anticipate”,

“estimate”,

“project”

similar

expressions.

IBERIABANK

Corporation’s

actual

strategies and results in future periods may differ materially from those currently expected due to various risks

and uncertainties.

Actual results could differ materially because of factors such as the current level of market

volatility and our ability to execute our growth strategy, including the availability of future FDIC-assisted failed

bank opportunities, unanticipated losses related to the integration of, and refinements to purchase accounting

adjustments for, acquired businesses and assets and assumed liabilities in these transactions, adjustments of

fair values of acquired assets and assumed liabilities and of deferred taxes in acquisitions, credit risk of our

customers, effects of the on-going correction in residential real estate prices and reduced levels of home sales,

sufficiency of our allowance for loan losses, changes in interest rates, access to funding sources, reliance on

the services of executive management, competition for loans, deposits and investment dollars, reputational risk

and social factors, changes in government regulations and legislation, increases in FDIC insurance

assessments, geographic concentration of our markets and economic conditions in these markets, rapid

changes in the financial services industry, dependence on our operational, technological, and organizational

systems or infrastructure, hurricanes and other adverse weather events, the volatility and low trading volume of

our common sock, and valuation of intangible assets. These and other factors that may cause actual results to

differ materially from these forward-looking statements are discussed in the Company’s Annual Report on Form

10-K and other filings with the Securities and Exchange Commission (the “SEC”), available at the SEC’s

website, http://www.sec.gov, and the Company’s website, http://www.iberiabank.com, under the heading

“Investor Information.”

All information in this presentation and the accompanying press release is as of the date

of this release. The Company undertakes no duty to update any forward-looking statement to conform to the

statement to actual results or changes in the Company’s expectations. Certain tabular presentations may not

reconcile because of rounding.

•

Stable net interest margin; tax-equivalent revenues up $8 million, or

6% (24% annualized)

•

Organic loan growth:

•

Core deposit growth:

•

Good growth in service charge income and fee income businesses

•

Service Charges –

5% increase over 2Q12

•

Mortgage –

highest quarter production level in our Company’s history

•

Title –

highest quarterly revenue in past 5 years

•

Capital Markets –

anticipate a very good fourth quarter of 2012

•

Process improvement initiative

•

Closing ten branches –

to date closed four of ten

•

Staff efficiency improvement

•

Retail/Business Banking sales effectiveness

•

Risk adjusted profitability and risk management

Introductory Comments

Third Quarter 2012 –

Core Performance

$329 million since June 30, 2012 (+20% annualized)

$821 million since year-end 2011 (+18% annualized)

$273 million since June 30, 2012 (+15% annualized)

$699 million since year-end 2011 (+14% annualized)

•

Florida Gulf acquisition:

•

3Q12 asset quality ratios (NPAs, past dues, classified assets, and

net charge-offs) were strong and stable

•

Provision for 3Q12 of $4.1 million (down $4.8 million, or 54%,

compared to 2Q12); reflects recognition of $1.3 million in FDIC

impairment and $1.5 million credit impairment from non-covered

acquired loans

•

Fabulous client growth in multiple markets

•

Our investments in markets and businesses are showing very good

progress

Introductory Comments

Third Quarter 2012 –

Initiatives

Consummated on July 31, 2012

Branch and operating system conversion

completed over weekend of August 18-19, 2012

Acquisition and conversion costs of $4.8 million

($1.0 million below projection)

Financial Overview

Performance Metrics –

Yields and Costs

•

Investment yield declined

18 bps due to prepayment

speeds and reinvesting

cash flows at lower yields

•

Net covered loan yield up

19 bps as base yield

improved

•

Non-covered loan yield

down 13 bps

•

Deposit costs declined 7

bps; continued future re-

pricing opportunities (next

slide)

•

Average noninterest

bearing deposits up $133

million (+8%)

•

Spread held flat and

margin declined 1 basis

point to 3.58%

6/30/2012

9/30/2012

Investment Securities

2.40%

2.22%

(18)

bps

Covered Loans & Loss Share Receivable

5.23%

5.42%

bps

Noncovered Loans

4.68%

4.55%

(13)

bps

Loans & Loss Share Receivable

4.80%

4.71%

(9)

bps

Mortgage Loans Held For Sale

3.64%

3.21%

(43)

bps

Other Earning Assets

0.84%

0.85%

bps

Total Earning Assets

4.20%

4.14%

(6)

bps

Interest Bearing Deposits

0.65%

0.58%

(7)

bps

Short-Term Borrowings

0.24%

0.21%

(3)

bps

Long-Term Borrowings

3.07%

3.10%

bps

Total Interest Bearing Liabilities

0.76%

0.69%

(7)

bps

Net Interest Spread

3.45%

bps

Net Interest Margin

3.59%

3.58%

(1)

bps

* Earning asset yields are shown on a fully taxable equivalent basis.

%/Basis Point

Change

For Quarter Ended:

Financial Overview

Quarterly Repricing Schedule

•

$1.6 Billion in time deposits re-price over next 12 months at weighted average 0.78% rate

•

During 3Q12, new and re-priced time deposits were booked at an average cost of 0.57%

$ in millions

Note: Amounts exclude repricing of assets and liabilities from prior quarters

4Q12

1Q13

2Q13

3Q13

4Q13

Cash Equivalents

Balance

474.9

Rate

0.58%

0.00%

Investments

Balance

116.4

120.8

154.0

128.6

111.6

Rate

3.29%

3.14%

2.74%

3.02%

Loans

Balance

4,032.3

428.1

437.1

373.4

311.0

Rate

3.74%

5.07%

5.12%

5.18%

4.10%

Time Deposits

Balance

541.7

380.8

362.7

299.7

124.6

Rate

0.79%

0.84%

0.70%

0.80%

1.22%

Borrowed Funds

Balance

665.1

7.1

37.7

2.3

1.0

Rate

0.80%

3.28%

3.44%

4.48%

4.28%

Financial Overview

Interest Rate Risk Simulations

Source: Bancware model, as of September 30, 2012

* Assumes instantaneous and parallel shift in interest rates

•

Slightly asset sensitive from an interest rate risk position

•

Degree is a function of the reaction of competitors to changes In

deposit pricing

•

Forward curve has a positive impact over 12 months

Base

Blue

Forward

Change In:

-200 bp*

-100 bp*

Case

+100 bp*

+200 bp*

Chip

Curve

Net Interest

Income

-0.2%

-0.1%

0.0%

3.0%

6.8%

0.2%

0.7%

Economic

Value of

Equity

-1.7%

-0.9%

0.0%

9.0%

13.4%

0.0%

-0.3%

Financial Overview

Performance Metrics –

Quarterly Trends

•

Stable margin

•

Average earning

assets up $333

million (+3%)

•

T/E net interest

income up $4

million (+4%)

•

Provision of $4

million:

•

Net charge-offs:

$1.9 million

•

Covered loan

provision: $1.3

million

•

Non-covered

acquired loan

provision: $1.5

million

•

Organic loan

provision: $1.2

million

•

Legacy asset quality measures remained stable in 3Q12

•

Strong capital position compared to peers

•

Repurchased 805,120 shares at average cost of $47.35 per share

•

A total of 46,692 shares remain under current authorized program

9/30/2011

12/31/2011

3/31/2012

6/30/2012

9/30/2012

Net Income ($ in thousands)

16,347

17,357

19,393

12,560

21,234

69%

Per Share Data:

Fully Diluted Earnings

0.54

0.59

0.66

0.43

0.73

71%

Operating Earnings (Non-GAAP)

0.70

0.69

0.62

0.54

0.83

55%

Pre-provision Operating Earnings (Non-GAAP)

0.83

0.78

0.68

0.73

0.92

26%

Tangible Book Value

36.41

36.80

37.23

37.28

37.07

-1%

Key Ratios:

Return on Average Assets

0.56%

0.59%

0.67%

0.43%

0.69%

bps

Return on Average Common Equity

4.31%

4.65%

5.21%

3.36%

5.56%

220

bps

Return on Average Tangible Common Equity (Non-GAAP)

6.22%

6.72%

7.43%

4.86%

7.91%

305

bps

Net Interest Margin (TE)*

3.58%

3.62%

3.59%

3.58%

(1)

bps

Tangible Efficiency Ratio (TE)* (Non-GAAP)

75.0%

75.2%

74.6%

78.2%

74.3%

(393)

bps

Tangible Common Equity Ratio

9.64%

9.52%

9.64%

9.37%

9.01%

(36)

bps

Tier 1 Leverage Ratio

10.42%

10.45%

10.51%

10.42%

10.01%

(41)

bps

Tier 1 Common Ratio (Non-GAAP)

13.90%

13.55%

13.48%

12.97%

12.04%

(93)

bps

Total Risk Based Capital Ratio

16.61%

16.20%

16.10%

15.54%

14.54%

(100)

bps

Net Charge-Offs to Average Loans**

0.12%

0.31%

0.09%

0.07%

0.11%

bps

Nonperforming Assets to Total Assets**

0.89%

0.87%

0.83%

0.84%

0.81%

(3)

bps

* Fully taxable equivalent basis.

** Excluding FDIC Covered Assets and acquired impaired loans.

For Quarter Ended:

%/Basis Point

Change

Financial Overview

Low Risk Balance Sheet At September 30, 2012

35% Of Balance Sheet In Very Low Risk Components

Cash and

Equivalents,

Investment

Securities,

16%

Mortgage

Loans Held

For Sale, 2%

Acquired

Loans

Fair

Value, 0.6%

Loans -

FDIC

Covered, 9%

FDIC Loss

Receivable,

Loans -

Noncovered,

56%

Other Assets,

Financial Overview

Non-Interest Income Trends

•

Continued rebound in service charge income (+5%)

•

Strong mortgage loan income continued

•

Title insurance revenue up 5%

•

IBERIA Financial Services Revenues up 7%

Originations up 20%

Sales up 26%

Margins improved

Revenue up 28%

Small buyback costs

Pipeline stable during

the quarter and

increased in October

Noninterest Income ($000s)

4Q11

1Q12

2Q12

3Q12

$ Change

% Change

Service Charges on Deposit Accounts

6,613

5,980

6,625

6,952

327

ATM / Debit Card Fee Income

1,997

2,024

2,166

2,377

211

10%

BOLI Proceeds and CSV Income

899

951

905

916

Gain on Sale of Loans, Net

13,173

13,619

18,078

23,085

5,007

28%

Gain (Loss) on Sale of Investments, Net

793

2,836

901

(860)

-95%

Title Revenue

4,846

4,533

5,339

5,623

284

Broker Commissions

2,457

3,060

3,102

3,092

(10)

All Other Noninterest Income

4,677

4,393

4,578

4,467

(111)

-2%

Total Noninterest Income

35,455

37,396

41,694

46,553

4,859

12%

3Q12 vs. 2Q12

Financial Overview

Non-Interest Expense

•

Process improvement initiatives

expense in 3Q12 totaling $1.6 million:

Branch closure costs ($0.3 million)

Consulting/professional ($0.6 million)

Severance ($0.7 million)

•

One-time merger-related expense of $3.0

million for Florida Gulf conversion

•

Mortgage commission growth due to

volume increase in loan production

•

Compensation increase due to Houston

and other revenue producers

•

One-time occupancy costs:

Hurricane Isaac cost of $73,000

Facility termination cost of $110,000

•

Total expenses were flat in 3Q12, excluding Florida Gulf operating expenses

Noninterest Expense ($000s)

4Q11

1Q12

2Q12

3Q12

Florida

Gulf

3Q12 Ex-

FL Gulf

$ Change

% Change

Mortgage Commissions

3,922

3,229

5,612

6,006

394

Hospitalization Expense

3,349

3,817

3,404

3,773

369

11%

Other Salaries and Benefits

44,039

47,522

48,011

49,270

602

48,667

656

Salaries and Employee Benefits

51,310

54,568

57,028

59,049

602

58,447

1,419

Credit/Loan Related

4,094

4,027

4,835

4,846

4,810

(25)

-1%

Occupancy and Equipment

12,498

12,677

12,852

13,500

193

13,306

454

Amortization of Acquisition Intangibles

1,384

1,290

1,289

1,287

(2)

All Other Noninterest Expense

25,987

26,373

27,105

26,611

122

26,489

(616)

-2%

Nonint. Exp. (Ex-Non-Operating Exp.)

95,272

98,935

103,109

105,293

955

104,339

1,230

Severance

206

219

1,053

712

(341)

-32%

Branch Closure Costs

2,743

284

(2,459)

-90%

Consulting and Professional

193

220

1,661

574

(1,087)

-65%

Nonint. Exp. Excluding Merger-Related

95,671

99,374

108,566

106,864

955

105,909

(2,657)

-2%

Merger-Related Expenses

4,055

500

456

2,985

2,529

554%

Total Noninterest Expense

99,726

99,873

109,022

109,848

955

108,894

(128)

Tangible

Efficiency

Ratio

excl

Nonop

Exp

72.2%

75.5%

74.4%

71.2%

3Q12 Ex-FL Gulf vs. 2Q12

Financial Overview

Non-Operating Items –

3Q12

•

Acquisition and conversion-related costs of $3.0 million in 3Q12 ($0.07 EPS)

•

3Q12 Severance, branch closure, and professional expenses of $1.6 million ($0.04 EPS)

•

3Q12 FDIC covered loan losses of $1.3 million ($0.03 EPS)

•

3Q12 Losses on acquired non-covered impaired loans of $1.5 million ($0.03 EPS)

Pre-tax

After-tax

Per share

Pre-tax

After-tax

Per share

Pre-tax

After-tax

Per share

Net Income (GAAP)

22,398

16,347

0.54

16,949

12,560

0.43

29,378

21,234

0.73

Merger-related expenses

4,259

2,769

0.09

456

296

0.01

2,985

1,940

0.07

Severance expenses

1,601

1,041

0.03

1,053

685

0.02

712

463

0.02

Branch closure expenses

2,743

1,783

0.06

284

185

0.01

Professsional expenses

291

189

0.01

1,661

1,080

0.04

574

373

0.01

Litigation settlement

(250)

(163)

(0.00)

Gain on sale of investments

(1,206)

(784)

0.03

(901)

(586)

(0.02)

(41)

(27)

(0.00)

Operating earnings (Non-GAAP)

27,094

19,399

0.70

21,961

15,818

0.54

33,892

24,168

0.83

Covered loan provision for loan losses

(175)

(114)

(0.00)

1,435

933

0.03

1,300

845

0.03

Acquired loan provision for loan losses

3,189

2,073

0.07

1,509

981

0.03

Other provision for loan losses

6,302

4,096

0.13

4,271

2,776

0.09

1,244

809

0.03

Pre-provision operating earnings (Non-GAAP)

33,221

23,381

0.82

30,856

21,600

0.73

37,945

26,803

0.92

Dollar Amount

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

(dollars in thousands)

For The Quarter Ended

September 30, 2011

June 30, 2012

September 30, 2012

•

Improve long-term operating efficiency, risk-

adjusted profitability, and long-term growth

prospects of franchise

Long Term Initiatives

Third Quarter 2012

Outside professionals

and dedicated internal

resources

Closing branches, staff

reductions, process

improvements

3Q12 cost of $1 million

and $0.03 EPS

4Q12 cost of $2 million

and $0.03 EPS

Benefit of $6 million

annually, or $0.13 EPS

Expect acquisition and

conversion related

costs of approximately

$1 million pre-tax in

4Q12

$ in millions

Expenses

2Q12

3Q12

4Q12

1Q13

Total

Branch Closure Cost - Phase 1

2.7

0.3

0.8

3.8

Branch Closure Cost - Phase 2

0.3

0.6

Severance Expense - Phase 1

1.0

0.4

0.1

1.5

Severance Expense - Phase 2

0.1

0.2

Professional Services

1.7

0.6

0.3

0.1

2.7

Total Expense

5.4

1.3

1.6

0.5

8.8

Benefits

2Q12

3Q12

4Q12

1Q13

Full Year

2013

Facilities Expense - Phase 1

0.0

0.2

0.9

Salary and Benefits - Phase 1

0.4

0.7

0.6

2.5

Facilities Expense - Phase 2

0.4

Salary and Benefits - Phase 2

0.3

Other

0.7

0.8

0.4

1.8

Total Benefits

1.1

1.6

1.2

5.9

2Q12

3Q12

4Q12

1Q13

Total

Merger Related Expenses

0.5

3.0

1.0

4.5

Asset Quality

Reported and Non-Covered Portfolio Trends

Non-Covered Portfolio excludes the impact of all FDIC-assisted acquisitions and acquired impaired loans from OMNI , Cameron, and Florida Gulf

($thousands)

1Q12

2Q12

3Q12

1Q12

2Q12

3Q12

Nonaccruals

677,619

625,939

567,153

61,160

66,545

66,348

OREO & Foreclosed

126,657

129,917

129,173

17,740

18,681

18,467

90+ Days Past Due

7,320

8,270

5,539

3,338

1,275

3,786

Nonperforming Assets

811,596

764,126

701,865

82,238

86,501

88,601

NPAs/Assets

6.88%

6.30%

5.60%

0.83%

0.84%

0.81%

NPAs/(Loans + OREO)

10.67%

9.71%

8.40%

1.33%

1.26%

LLR/Loans

2.37%

2.42%

2.45%

1.21%

1.19%

1.10%

Net Charge-Offs/Loans

0.09%

0.06%

0.10%

0.09%

0.07%

0.11%

Past Dues:

30-89 Days Past Due

35,228

46,391

59,063

15,429

16,833

21,029

90+ days Past Due

7,320

8,270

5,539

3,338

1,275

3,786

Nonaccual Loans

677,619

625,939

567,153

61,160

66,545

66,348

Total 30+ Past Dues

720,167

680,600

631,755

79,927

84,653

91,163

% Loans

9.63%

8.80%

7.68%

1.29%

1.30%

Total Portfolio

Non-Covered Portfolio (excl.

Acquired impaired loans)

Asset Quality

Commentary For Quarter Ending June 30, 2012

Asset Quality Summary

Excludes FDIC covered assets and acquired impaired loans

•

Total criticized

loans equal $395

million (29% of

Tier1 capital plus

ALLL); $248 million

in classified and

$147 million special

mention

•

TDRs equal $21.8

million (0.3% of

total loans)

•

3Q12 Provision

expense for this

portfolio was $1

million –

down $3

million compared to

2Q12

($ thousands)

9/30/2011

6/30/2012

9/30/2012

Year/Year

Qtr/Qtr

Nonperforming Assets

89,791

86,501

88,601

-1%

Past Due Loans

97,660

84,653

91,164

-7%

Classified Assets

196,537

200,872

247,923

26%

23%

Nonperforming Assets/Assets

0.89%

0.84%

0.81%

(8)

(3)

NPAs/(Loans + OREO)

1.57%

1.33%

1.26%

(31)

(7)

Classified Assets/Total Assets

2.09%

1.94%

2.28%

(Past Dues & Nonaccruals)/Loans

1.70%

1.30%

(40)

(0)

Provision For Loan Losses

6,302

4,271

1,244

-80%

-71%

Net Charge-Offs/(Recoveries)

1,711

1,102

1,923

12%

74%

Provision Less Net Charge-Offs

4,592

3,169

(679)

-115%

-121%

Net Charge-Offs/Average Loans

0.12%

0.07%

0.11%

(1)

Reserve For Loan Losses/Loans

1.34%

1.19%

1.10%

(24)

(9)

%/Basis Point Change

For Quarter Ended:

Markets

Loan Growth

•

Organic loan

growth of $1.9

billion or 47%

since December

2009 (17%

annualized)

•

FDIC covered

loan portfolio

declined $531

million or -32%

since December

2009 (-12%

annualized)

Sterling Bank FDIC-

Assisted Acquisition

$ in millions

* Organic loan growth excludes loans acquired in non-covered transactions (e.g OMNI , Cameron, and Florida Gulf)

-$150

-$100

-$50

$50

$100

$150

$200

$250

$300

$350

Mar-10

Jun-10

Sep-10

Dec-10

Mar-11

Jun-11

Sep-11

Dec-11

Mar-12

Jun-12

Sep-12

$64

$58

$43

$173

$149

$257

$109

$262

$164

$329

Organic Loan Growth *

Covered Loan Portfolio

Markets

Loan Originations 3Q12 –Top Markets

$ in millions

•

$1 billion in total

funded loans and

unfunded loan

commitments

originated in 3Q12

•

Tremendous

growth in Houston

•

Recently added

new team

members in

Houston

•

Exceptional growth

in other markets in

which we have

invested heavily

$20

$40

$60

$80

$100

$120

$140

$160

$180

$200

Little Rock

Mobile

Lafayette

Memphis

Baton

Rouge

Birmingham

New Orleans

Houston

Loan Commitments

Loan Fundings

$35

$57

$87

$90

$192

$153

$105

Markets

Net Loan Growth 3Q12 –Top Markets

$ in millions

•

Diversified

strength

throughout our

franchise

•

Strong growth

net of loan pay-

downs

•

Strongest

markets are

Houston and

New Orleans

•

Small business

lending is a

potential growth

engine

$10

$20

$30

$40

$50

$60

$70

$80

$90

Mobile

Montgomery

Birmingham

Naples

Baton

Rouge

Memphis

New Orleans

Houston

$12

$28

$33

$35

$90

$71

$42

Loan Growth

•

Organic core

deposit growth of

$1.5 billion or

30% since

December 2010

(17% annualized)

•

Organic non-

interest bearing

deposit growth of

$622 million or

71% since

December 2010

(40% annualized)

•

Cost of core

deposits has

fallen 36 bps to

0.32% since

December 2010

Excludes acquired deposits

Markets

Organic Deposit Growth

$ in millions

-$300

-$200

-$100

$100

$200

$300

$400

Mar-11

Jun-11

Sep-11

Dec-11

Mar-12

Jun-12

Sep-12

Non-Interest Bearing

Other Core Deposits

Time Deposits

$184

$217

$159

$281

$333

$93

$273

Markets

Core Deposit Growth 3Q12 –Top Markets

$ in millions

•

Balanced core

deposit growth

•

Strength in legacy

franchise and

newer markets

•

Deposit pricing

remains favorable

$10

$20

$30

$40

$50

$60

$70

$80

$90

Mobile

Shreveport

Birmingham

Baton

Rouge

Little Rock

Lafayette

Houston

New Orleans

$13

$16

$21

$23

$34

$45

$52

$81

Core Deposit Growth

Markets

Non-Interest Bearing Deposit Growth

$ in millions

•

Since 2010, total

non interest

bearing deposits

have increased

$973 million or

111% (40%

annualized rate)

•

$200 million

increase in 3Q12

or 12% (48%

annualized)

•

Top 3Q12 growth

markets include

New Orleans,

Lafayette, Little

Rock, Houston and

Shreveport

10%

12%

14%

16%

18%

20%

4Q10

1Q11

2Q11

3Q11

4Q11

1Q12

2Q12

3Q12

11%

12%

15%

16%

17%

18%

19%

Non Interest Bearing/Total Deposits

Markets

3Q12 Highlights

•

Exceptional loan and deposit growth continues

•

Non-FDIC loan growth of $329 million came from a number of

markets and in both commercial and retail markets

•

Houston, New Orleans, Birmingham, and Memphis showed strong

commercial

growth

–

concentrated

our

C&I

clients

•

Commercial loans originated and funded in 3Q12 totaled $472 million

with a mix of 47% fixed and 53% floating ($711 in commercial loan

commitments during the quarter)

•

Strong commercial pipeline of over $555 million at quarter-end

•

Retail growth driven by increases in indirect lending and home equity

lines

credit

–

arising

from

recent

changes

this

business

•

Period-end core deposit growth of $273 million, with non-interest

bearing deposits up $143 million ($132 million linked quarter growth

on an average balance basis).

Retail and Small Business

3Q12 Progress

•

Since June 30, 2012, we opened two new branch locations, including

Center Street in downtown Little Rock, Arkansas, and our first branch

in Denham Springs, near Baton Rouge, Louisiana

•

Closed four of the 10 branches planned for the second half of 2012

and consolidated one branch in the 3Q 2012

•

Enhanced IBKC’s digital banking tools to better serve clients:

•

Completed Image Deposit Taking Capabilities On ATMs

•

Improved on-line banking application with the launch of bank-to-bank

transfers

and

rollout

Direct

Connect

for

Quicken®

and

QuickBooks®

users

•

Experienced increases in both new small business clients and

checking account openings in 3Q12

•

Continued focused effort on consumer lending business through

home equity and indirect auto product marketing

Wealth And Capital Markets

3Q12 Progress

•

ICP/IWA revenues of

$1.9 million (down 7%

compared to 2Q12)

•

IWA assets under

management

decreased 2%, to $902

million at September

30, 2012

•

ICP brokerage

commission continued

to grow, while

investment banking

activity slowed in 3Q12

•

Research coverage on

57 public energy

companies

•

IFS revenue up 7%, to

$2.3 million, compared

to 2Q12

Total Quarterly Revenues

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

1Q11

2Q11

3Q11

4Q11

1Q12

2Q12

3Q12

Appendix

Appendix

FDIC Covered Loan Portfolio Roll Forward

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Covered Loans

1,350,935

55,518

16.139%

1,293,160

52,019

15.968%

1,218,933

51,150

16.661%

1,153,954

55,400

18.878%

Mortgage Loans

218,922

4,799

8.768%

211,640

4,946

9.347%

196,969

5,128

10.414%

169,580

5,306

12.517%

Indirect Automobile

0.000%

(0)

0.000%

Credit Card

957

6.246%

901

6.199%

862

6.629%

853

6.746%

Consumer

162,815

3,701

9.019%

155,406

3,895

10.080%

150,236

4,324

11.577%

149,877

5,282

14.020%

Line Of Credit-Consumer Loans

79,220

2,502

12.528%

75,164

2,927

15.663%

72,370

2,953

16.410%

72,598

3,462

18.971%

Commercial & Business Banking

889,481

44,502

19.581%

850,519

40,238

18.719%

798,767

38,731

19.186%

761,048

41,335

21.257%

Loans in Process

(461)

0.000%

(469)

0.000%

(272)

0.000%

(3)

0.000%

Overdrafts

0.000%

FDIC Loss Share Receivable

592,985

(29,255)

-19.305%

573,776

(27,927)

-19.255%

508,443

(28,484)

-22.163%

448,746

(33,488)

-29.201%

Net Covered Loan Portfolio

1,943,920

26,263

5.327%

1,866,937

24,092

5.142%

1,727,375

22,666

5.234%

1,602,700

21,912

5.416%

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Covered Loans

1,350,935

55,518

16.139%

1,293,160

52,019

15.968%

1,218,933

51,150

16.661%

1,153,954

55,400

18.878%

CapitalSouth Bank

209,043

14,372

26.967%

198,491

6,203

12.416%

187,742

7,077

14.966%

169,584

6,480

15.034%

Orion Bank

734,021

29,565

15.817%

710,111

34,820

19.448%

673,068

33,586

19.801%

651,176

35,154

21.221%

Century Bank

281,888

5,261

7.387%

264,864

6,697

10.080%

255,610

6,134

10.080%

244,874

8,047

12.967%

Sterling Bank

125,983

6,319

19.631%

119,694

4,299

14.239%

102,513

4,353

16.829%

88,322

5,718

25.371%

FDIC Loss Share Receivable

592,985

(29,255)

-19.305%

573,776

(27,927)

-19.255%

508,443

(28,484)

-22.163%

448,746

(33,488)

-29.201%

CapitalSouth Bank

56,241

(8,707)

-60.581%

49,433

(1,917)

-15.338%

44,503

(3,285)

-29.204%

40,443

(3,213)

-31.088%

Orion Bank

355,317

(16,430)

-18.095%

349,685

(21,626)

-24.466%

306,347

(21,149)

-27.311%

271,457

(22,983)

-33.130%

Century Bank

137,868

(761)

-2.160%

136,205

(2,380)

-6.913%

119,445

(1,911)

-6.329%

101,167

(3,875)

-14.987%

Sterling Bank

43,559

(3,357)

-30.153%

38,453

(2,004)

-20.621%

38,148

(2,139)

-22.181%

35,680

(3,417)

-37.472%

Net Covered Loan Portfolio

1,943,920

26,263

5.327%

1,866,937

24,092

5.142%

1,727,375

22,666

5.234%

1,602,700

21,912

5.416%

CapitalSouth Bank

265,284

5,665

8.406%

247,924

4,286

6.882%

232,245

3,792

6.493%

210,027

3,267

6.133%

Orion Bank

1,089,338

13,135

4.756%

1,059,796

13,194

4.952%

979,415

12,436

5.033%

922,633

12,171

5.160%

Century Bank

419,756

4,500

4.252%

401,069

4,317

4.309%

375,055

4,224

4.495%

346,041

4,173

4.766%

Sterling Bank

169,542

2,963

6.841%

158,148

2,294

5.763%

140,661

2,214

6.236%

124,002

2,301

7.255%

4Q2011

1Q2012

4Q2011

2Q2012

3Q2012

1Q2012

2Q2012

3Q2012

Iberiabank (IBKC) 8-KResults of Operations and Financial Condition