Exhibit 99.2

Forward Looking Statements

Safe Harbor

Statements contained in this presentation which are

not historical facts and which pertain to future

operating results of IBERIABANK Corporation and its

subsidiaries constitute “forward-looking statements”

within the meaning of the Private Securities Litigation

Reform Act of 1995. These forward-looking

statements involve significant risks and uncertainties.

Actual results may differ materially from the results

discussed in these forward-looking statements.

Factors that might cause such a difference include,

but are not limited to, those discussed in the

Company’s periodic and other filings with the SEC.

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 $1.0 Billion in Excess Cash

Future Growth Engines in Multiple Markets

Strategic

Recruiting

Continued

During

The

Quarter

Fortunately, We Avoided What Ails The Banking Industry

Remain Well Positioned For Future Opportunities

Corporate Overview

2Q10

Deposit Market Share as of June 30, 2009

Source: SNL Financial

Map Reflects Locations as of June 30, 2010

NASDAQ Traded IBKC

Headquarters

Lafayette, LA

Founded

1887

Market Cap $ 1.4 Billion

Locations 214

(Bank Branches 134)

FTE’s 1,993

Asset Size

$ 10.4 Billion

Deposits $ 8.1 Billion

Loans $ 5.8 Billion

Clients 216,000

Subsidiaries

IBERIABANK

IBERIABANK fsb

Lenders Title

Arkansas

36 Branches

$964 mm deposits

#11 Rank

23 Non-bank Offices

Texas

2 Branches

Opened in 2009

Not Yet Ranked

3 Non-bank Offices

Louisiana

50 Branches

$3.14 bil deposits

#5 Rank

22 Non-bank Offices

Alabama

8 Branches

$411 mm deposits

#23 Rank

3 Non-bank Offices

Florida

36 Branches

$2.96 bil deposits

#20 Rank

8 Non-bank Offices

Tennessee

2 Branches

$101 mm deposits

#145 Rank

1 Non-bank Office

Introductory Comments

Strategic Goals & Priorities

•

Double-Digit Annual EPS Growth

•

ROTE Of 23% -

25%

•

Bank Tangible Efficiency < 50%

•

Top Quartile Asset Quality

•

Develop Memphis, Mobile & Houston

•

Deepen Share In Little Rock, Baton Rouge,

New Orleans, And Shreveport

•

Expand Wealth Management/Financial

Advisory Business

•

Provide Depth For Unusual Opportunities

•

Grind Our Way Through The Credit Cycle

Strategic

Goals

18-Month

Priorities

Introductory Comments

Summary –

2Q10 and 6/30/10

T/E Net Interest Income Up $1.7mm (+2%)

Credit Quality Statistics Excluding FDIC Covered Assets:

•

NPA/Assets = 0.91% (1.01% in 1Q10)

•

30+ Days Past Due = 1.90% (2.04% in 1Q10)

•

Loan Loss Reserve/Loans = 1.52% (1.53% in 1Q10)

•

Net COs/Avg Loans = 0.57% (0.41% in 1Q10)

•

Provision = $6mm ($13mm in 1Q10)

Minimal Investment Sale Gains in 2Q10 ($0.1mm Gain in 1Q10)

One-Time Acquisition Related Costs = $3.5mm ($2.3mm in

1Q10)

EPS = $0.33, Down 45% from 1Q10

$6.4mm or $0.15 EPS Impact In 2Q10 Related To Additional

Impairment On FDIC Covered Assets

Financial Overview

Favorable Balance Sheet Growth

2Q10 Results

•

Loans +$21mm, +0.4%

•

Deposits +$119mm +1%

•

Loan/Deposits = 71%

•

Equity = +$6mm, +1%

•

Equity/Assets = 12.56%

•

Tier 1 Leverage = 11.15%

•

Div Payout = 103.3%

•

ROA = 0.34%

•

ROE = 2.73%

•

ROTE = 3.73%

•

Efficiency Ratio = 75%

•

Tang Eff. Ratio = 72%

•

BV/Share = $48.31

•

Tang BV/Share = $38.71

Financial Overview

Quarterly Repricing Schedule

Excess Cash Methodically Being Deployed

Favorable Repricing Opportunities

Includes Orion Bank and Century Bank Acquisitions

2Q10

3Q10

4Q10

1Q11

2Q11

Cash Equivalents

1,094.1

1.27%

0.00%

Investments

191.6

157.0

109.3

96.4

77.6

3.69%

4.24%

4.49%

4.31%

4.45%

Loans

2,427.8

295.6

326.5

282.3

221.0

4.86%

6.09%

5.04%

5.50%

5.22%

Time Deposits

667.1

579.2

471.7

453.6

219.3

2.08%

1.87%

1.85%

1.77%

2.06%

Borrowed Funds

407.9

8.5

39.8

1.0

6.3

1.76%

4.94%

2.41%

4.12%

4.59%

Financial Overview

Interest Rate Simulations

Source: Bancware

Bancware

model, as of June 30, 2010

As Rates Have Fallen And Cash Has Accumulated, Become

More Asset Sensitive

Degree Is A Function Of The Reaction Of Competitors To

Changes In Deposit Pricing

Forward Curve Has A Positive Impact Over 12 Months

Includes FDIC Assisted Acquisitions of CapitalSouth, Orion and Century

Base

Blue

Forward

Change In:

-200 bp

-100 bp

Case

+100 bp

+200 bp

Chip

Curve

Net Interest

Income

-2.2%

-1.6%

0.0%

10.0%

20.4%

2.0%

1.2%

Economic

Value of

Equity

-9.8%

-5.7%

0.0%

2.4%

1.4%

-0.7%

0.7%

Capital

Last 12 Months Price Change By Index

Source: SNL Through July 19, 2010

(20.0)

(15.0)

(10.0)

(5.0)

5.0

10.0

15.0

20.0

25.0

30.0

35.0

New England Banks

Banks $500M-$1B

Micro Cap Banks

Banks $1B-$5B

Banks $250M-$500M

Banks < $500M

NASDAQ Bank

Western Banks

Banks < $250M

NASDAQ Finl

NYSE

Large Cap Banks

Banks

Mid-Atlantic Banks

Banks > $10B

S&P 500

Southeast Banks

Russell 3000

All Financial Institutions

S&P Financials

NASDAQ

Russell 2000

S&P Small-Cap

S&P Bank

Banks $5B-$10B

Midwest Banks

Small Cap Banks

IBERIABANK Corporation

S&P Mid-Cap

KBW Bank

Mid Cap Banks

Southwest Banks

TARP Participants

+24%

Capital

3 Years Price Change By Index

Source: SNL Through July 16, 2010

(80.0)

(70.0)

(60.0)

(50.0)

(40.0)

(30.0)

(20.0)

(10.0)

10.0

Southeast Banks

S&P Bank

Micro Cap Banks

Mid Cap Banks

S&P Financials

Banks > $10B

KBW Bank

Banks

Mid-Atlantic Banks

Large Cap Banks

TARP Participants

Midwest Banks

Banks $250M-$500M

Banks < $500M

All Financial Institutions

Banks $500M-$1B

Banks $1B-$5B

Banks < $250M

Small Cap Banks

NASDAQ Bank

New England Banks

Banks $5B-$10B

NASDAQ Finl

Southwest Banks

NYSE

Western Banks

S&P 500

Russell 3000

Russell 2000

S&P Small-Cap

S&P Mid-Cap

NASDAQ

IBERIABANK Corporation

+10%

Residential

Home Equity

Credit Card

Automobile

Indirect

Automobile

Other Consumer

Business

17%

Commercial RE

23%

All Other Loans

CapitalSouth

Gross Loans

= 4%,

Discount = 1%

Orion

Gross

Loans

= 13%,

Discount = 9%

Century

Gross Loans

= 6%,

Discount = 3%

indicates

loan discount

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 fsb

59,218

C&D-IBERIABANK

243,191

16%

CRE-Owner Occupied

588,305

38%

CRE-Non-Owner Occupied

670,320

43%

10%

Total Commercial RE

1,561,034

100%

23%

Asset Quality

2Q10 Compared To Prior Quarters

Note: Includes FDIC Assisted Acquisitions

($thousands)

4Q09

1Q10

2Q10

4Q09

1Q10

2Q10

4Q09

1Q10

2Q10

Nonaccruals

865,494

792,148

629,822

27,947

24,569

22,537

893,441

816,717

652,358

OREO & Foreclosed

62,811

38,706

35,666

11,281

11,436

10,177

74,092

50,142

45,843

90+ Days Past Due

42,184

58,259

91,296

1,767

1,316

2,416

43,952

59,575

93,712

Nonperforming Assets

970,489

889,113

756,784

40,996

37,321

35,130

1,011,485

926,434

791,914

NPAs/Assets

12.05%

10.24%

8.76%

2.68%

2.27%

2.11%

10.43%

8.91%

7.63%

NPAs/(Loans + OREO)

20.05%

18.67%

15.77%

4.03%

3.64%

3.49%

17.27%

16.00%

13.64%

LLR/Loans

0.72%

0.93%

1.59%

2.12%

1.98%

2.04%

0.96%

1.11%

1.67%

Net Charge-Offs/Loans

0.04%

0.13%

0.47%

0.78%

1.41%

0.31%

0.18%

0.36%

0.44%

Past Dues:

30-89 Days Past Due

199,558

110,121

115,094

9,461

7,647

3,585

209,019

117,769

118,679

90+ days Past Due

42,184

58,259

91,296

1,767

1,316

2,416

43,952

59,575

93,712

Nonaccual Loans

865,494

792,148

629,822

27,947

24,569

22,537

893,441

816,717

652,358

Total 30+ Past Dues

1,107,236

960,528

836,213

39,176

33,533

28,537

1,146,412

994,061

864,750

% Loans

23.17%

20.33%

17.55%

3.90%

3.30%

2.86%

19.82%

17.32%

15.01%

Loan Mix:

Commercial

61.6%

61.9%

64.6%

67.8%

69.1%

68.5%

62.7%

63.0%

65.0%

Consumer

11.7%

11.8%

13.3%

19.0%

18.5%

18.9%

13.0%

14.3%

Mortgage

19.6%

19.2%

14.9%

6.8%

6.4%

6.6%

17.3%

17.1%

13.6%

Business Banking

1.7%

1.6%

2.1%

2.0%

1.9%

1.7%

Indirect

5.4%

5.5%

5.6%

0.0%

4.5%

4.7%

Credit Cards

0.0%

4.3%

4.0%

4.1%

0.8%

0.7%

Total Loans

100.0%

IBERIABANK

IBERIABANK fsb

IBERIABANK Corporation

Asset Quality

Loans Past Due + Non-Accruals

By Entity:

3/31/09

6/30/09

9/30/09

12/31/09

3/31/10

6/30/10

IBERIABANK (Ex-FDIC Covered Assets)

30+ days past due

0.31%

0.33%

0.32%

0.58%

0.67%

0.81%

Non-accrual

0.54%

0.47%

0.45%

0.38%

0.94%

0.78%

Total Past Due

0.85%

0.80%

0.77%

0.96%

1.61%

1.59%

IBERIABANK fsb

30+ days past due

1.85%

1.73%

1.09%

1.12%

0.88%

0.60%

Non-accrual

2.12%

1.68%

2.45%

2.78%

2.42%

2.26%

Total Past Due

3.97%

3.41%

3.54%

3.90%

3.30%

2.86%

Consolidated (Ex-FDIC Covered Assets)

30+ days past due

0.65%

0.64%

0.50%

0.72%

0.73%

0.77%

Non-accrual

0.90%

0.74%

0.92%

0.97%

1.31%

1.13%

Total Past Due

1.55%

1.38%

1.42%

1.69%

2.04%

1.90%

CapitalSouth Only

30+ days past due

7.62%

7.59%

10.01%

9.78%

Non-accrual

24.64%

29.68%

23.97%

26.19%

Total Past Due

32.26%

37.27%

33.98%

35.97%

Orion Only

30+ days past due

16.54%

8.56%

12.49%

Non-accrual

57.58%

59.86%

41.73%

Total Past Due

74.12%

68.42%

54.22%

Century Only

30+ days past due

10.52%

10.81%

11.79%

Non-accrual

53.50%

43.73%

45.10%

Total Past Due

64.02%

54.54%

56.89%

Consolidated With FDIC Covered Assets

30+ days past due

1.08%

4.37%

3.09%

3.69%

Non-accrual

2.87%

15.45%

14.23%

11.32%

Total Past Due

3.95%

19.82%

17.32%

15.01%

Loans Past Due

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

Asset Quality

Trends –

Entity LLR & Net COs

Note: Includes FDIC Assisted Acquisitions

(Dollars in $000s)

2Q09

3Q09

4Q09

1Q10

2Q10

$Chg

6/30/09

9/30/09

12/31/09

3/31/10

06/30/10

Last Qtr.

Loan Loss Reserve*

IBERIABANK

30,098

31,629

34,431

43,763

75,660

31,897

IBERIABANK fsb

16,231

17,158

21,337

20,112

20,340

228

Consolidated

46,329

48,787

55,768

63,875

96,000

32,125

LLR / Total Loans

IBERIABANK

1.01%

0.94%

0.72%

0.93%

1.59%

IBERIABANK fsb

1.89%

1.86%

2.12%

1.98%

2.04%

Consolidated

1.21%

1.13%

0.96%

1.11%

1.67%

Net Charge-Offs

IBERIABANK

553

8,943

419

1,530

5,351

3,821

IBERIABANK fsb

2,562

14,041

1,865

3,564

760

(2,804)

Consolidated

3,116

22,984

2,284

5,094

6,111

1,017

Net COs/Avg Loans

IBERIABANK

0.08%

1.13%

0.04%

0.13%

0.46%

IBERIABANK fsb

1.22%

6.16%

0.78%

1.41%

0.31%

Consolidated

0.33%

2.26%

0.18%

0.36%

0.44%

LLR Coverage Of NPAs

IBERIABANK

159%

28%

10%

IBERIABANK fsb

40%

47%

52%

54%

58%

Consolidated

78%

32%

12%

Does not include loan discounts associated with acquisitions.

Asset Quality

Loan Mix And 30 Days+ Past Due

(Dollars in $000s)

2Q09

3Q09

4Q09

1Q10

2Q10**

2Q10

6/30/09

9/31/09

12/31/09

3/31/10

06/30/10

% of Outstandings

Commercial

60.9%

63.1%

62.7%

63.0%

65.7%

65.0%

Mortgage

12.5%

12.6%

17.3%

17.1%

10.2%

13.6%

Consumer

15.9%

14.8%

13.0%

14.6%

14.3%

Indirect

7.1%

6.2%

4.5%

6.4%

4.7%

Business Banking

2.6%

2.3%

1.7%

2.3%

1.7%

Credit Cards

1.0%

0.8%

0.7%

1.0%

0.7%

Total Loans

100.0%

Past Due 30+ Days*

Commercial

1.45%

4.82%

24.62%

21.17%

2.04%

17.08%

Mortgage

1.25%

4.25%

17.52%

16.61%

1.92%

16.54%

Consumer

1.20%

1.82%

9.74%

8.06%

1.68%

10.96%

Indirect

1.06%

1.05%

1.19%

1.01%

0.78%

Business Banking

1.29%

1.33%

2.17%

2.73%

2.51%

Credit Cards

1.32%

1.20%

1.52%

2.12%

1.48%

1.71%

Total Loans

1.38%

3.95%

19.82%

17.32%

1.90%

15.01%

IBERIABANK

0.80%

4.06%

23.04%

20.21%

1.59%

17.42%

IBERIABANK fsb

3.41%

3.54%

3.90%

3.30%

2.86%

Consolidated

1.38%

3.95%

19.82%

17.32%

1.90%

15.01%

Includes nonaccruing loans

Excludes FDIC assisted acquisitions

Asset Quality

Loan Loss Reserve

IBERIABANK Franchise

•

IBERIABANK Comprises 82% Of Consolidated Loan Portfolio

•

Legacy IBERIABANK Credits Performing Very Well

•

Classified Assets And NPAs Remain Favorable

•

$ 12 Million Loan Loss Provision In 2Q10 (1Q10 = $11 Million)

IBERIABANKfsb

Franchise

•

Construction Portfolio Continues To Compress

•

Continuing To Aggressively Address Potential Problems

•

$1 Million Loan Loss Provision in 2Q10 (1Q10 = $2 Million)

$6.0 Million In

Legacy Net

Charge-Offs In

2Q10 (0.57% Of

Average Loans)

2Q09

3Q09

4Q09

1Q10

2Q10

Net Charge-Offs - Legacy IBKC

5,358

22,980

2,283

5,094

5,956

Loan Growth

864

5,325

14,326

(501)

354

Change In Asset Quality

3,803

(3,009)

(7,350)

8,608

158

Loan Loss Provision - Legacy IBKC

10,025

25,295

9,260

13,201

6,468

Loan Loss Provision - FDIC Acqs.

6,431

Total Loan Loss Provision

10,025

25,295

9,260

13,201

12,899

Net Charge-Offs/Avg. Loans

0.33%

2.25%

0.18%

0.36%

0.44%

Loan Loss Reserve/Loans

1.21%

1.14%

0.96%

1.11%

1.67%

Asset Quality

C&D Loans And

NPAs Compared To

Peers

Source: SNL, using most recent quarterly information

The Lowest Level Of

C&D Loan Exposure

Compared To Peers

One Of The Lowest

Levels Of NPAs

Compared To Peers

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

IBKC

SFNC

SBCF

HBHC

TRMK

PNFP

CCBG

BXS

PRSP

WTNY

UCBI

OZRK

5.0%

C&D Loans /

Total Loans

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

PRSP

IBKC -

Ex Acquisitions

HBHC

SFNC

BXS

PNFP

TRMK

OZRK

WTNY

CCBG

UCBI

SBCF

0.91%

9.30%

IBKC

Including Acquisitions

NPAs / Total

Assets

Asset Quality

Commercial Real Estate Loan Portfolio

Note: Includes commercial construction and land development loans

Excludes covered loans related to FDIC-Assisted Acquisitions

IBERIABANK

fsb

TOTAL

Non-Owner Occupied

Current

696.5

169.8

866.3

Past Due

15.1

0.8

15.8

Nonaccrual

10.0

11.7

21.7

Total

721.6

182.3

903.8

% Nonaccrual

1.39%

6.41%

2.40%

Owner Occupied

Current

518.9

127.7

646.6

Past Due

2.4

0.1

2.5

Nonaccrual

3.7

4.4

8.1

Total

525.1

132.1

657.2

% Nonaccrual

0.71%

3.30%

1.23%

Total CRE

1,246.6

314.4

1,561.0

% Nonaccrual

1.10%

5.10%

1.91%

Last Qtr (3/31/10)

1.46%

5.26%

2.33%

Non-Owner Occup/Tier 1 Cap.

98%

112%

74%

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%

13%

14%

750 - 799

36%

34%

22%

25%

26%

30%

700 - 749

25%

23%

32%

25%

26%

21%

650 - 699

15%

14%

18%

20%

17%

600 - 649

10%

550 - 599

500 - 549

450 - 499

400 - 449

Other

Total

100%

Avg. Score

738

726

731

692

696

718

Consumer Portfolio - Score Distribution By Product

Consumer

Loan

Portfolio

Past Dues

By Product

Generally Good

And Stable

Asset Quality

Across

Consumer

Products

Excludes Covered Loans from FDIC Acquisitions

3/31/09

6/30/09

9/30/09

12/31/09

3/31/10

6/30/10

Home Equity Lines of Credit

30 to 59 Days Past Due

0.68%

0.19%

0.32%

0.57%

0.86%

0.47%

60 to 89 Days Past Due

0.07%

0.14%

0.07%

0.33%

0.14%

0.05%

Over 90 Days Past Due

0.11%

0.19%

0.13%

0.07%

0.14%

0.29%

Total 30+ Days Past Due

0.86%

0.52%

0.51%

0.98%

1.14%

0.80%

Net Charge-Offs

0.23%

0.07%

1.25%

0.35%

0.47%

0.58%

Home Equity Term Loans

30 to 59 Days Past Due

0.56%

0.46%

0.57%

0.85%

1.08%

0.45%

60 to 89 Days Past Due

0.17%

0.20%

0.22%

0.18%

0.24%

Over 90 Days Past Due

0.06%

0.28%

0.21%

0.32%

0.19%

0.13%

Total 30+ Days Past Due

0.79%

0.91%

0.98%

1.38%

1.45%

0.82%

Net Charge-Offs

0.13%

0.18%

0.81%

0.08%

0.46%

0.93%

Indirect Loans

30 to 59 Days Past Due

0.54%

0.49%

0.51%

0.64%

0.49%

0.30%

60 to 89 Days Past Due

0.12%

0.19%

0.16%

0.10%

0.07%

0.08%

Over 90 Days Past Due

0.05%

0.07%

0.06%

0.09%

0.07%

0.03%

Non Accrual

0.30%

0.32%

0.36%

0.39%

0.40%

0.39%

Total 30+ Days Past Due

1.00%

1.08%

1.23%

1.04%

0.80%

Net Charge-Offs

0.43%

0.42%

0.54%

0.43%

0.31%

0.39%

Credit Card Loans

30 to 59 Days Past Due

0.27%

0.42%

0.32%

0.40%

0.37%

60 to 89 Days Past Due

0.38%

0.18%

0.24%

0.30%

0.48%

0.21%

Over 90 Days Past Due

0.99%

0.72%

0.64%

0.54%

0.00%

Total 30+ Days Past Due

1.63%

1.32%

1.20%

1.24%

0.85%

0.58%

Net Charge-Offs

2.82%

4.31%

2.48%

2.63%

3.03%

Other Consumer Loans

30 to 59 Days Past Due

1.07%

0.70%

0.47%

0.83%

0.58%

0.42%

60 to 89 Days Past Due

0.15%

0.13%

0.33%

0.75%

0.25%

0.21%

Over 90 Days Past Due

0.12%

0.23%

0.36%

0.35%

0.45%

0.10%

Total 30+ Days Past Due

1.34%

1.07%

1.15%

1.94%

1.28%

0.73%

Net Charge-Offs

2.03%

1.40%

3.35%

1.54%

2.57%

1.45%

Consumer Loan Portfolio - Quarterly Credit Statistics

Loans Past Due As A % of Product Loans

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-

Agreements

Markets –

Local Economies

Freddie Mac –

Regional Prices

FHLMC, "U.S. Home Prices Declined 1.1% Over

Last Four Quarters" May 26, 2010

Source: Freddie Mac

Last 5-Year

Housing

Price

Last 12

1Q10 vs.

Region

States Included

Change

Months

4Q09

Pacific

CA, OR, WA, HI, AK

-13.2%

4.5%

-7.8%

Middle Atlantic

NY, NJ, PA

10.1%

1.0%

-1.7%

West South Central

LA, AR, TX, OK

16.6%

0.7%

-3.5%

West North Central

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

-0.2%

-1.3%

-12.1%

New England

CT, MA, ME, NH, RI, VT

-6.5%

-1.7%

-4.5%

East South Central

TN, AL, MS, KY

8.7%

-1.8%

-11.9%

East North Central

IL, IN, MI, OH, WI

-8.9%

-3.4%

-11.2%

South Atlantic

-5.2%

-4.0%

-8.8%

Mountain

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

-4.4%

-6.1%

-10.8%

United States

-2.7%

-1.1%

-8.0%

Markets –

Branches

Historical Office Optimization

Entered 3 New Markets

Acquired 12 Offices (All)

Closed/Consolidated 18

Offices (All Types)

Opened 10 New Bank

Offices

Opened 7 Mortgage

Offices

Divested/Sold 1 Office

5 Office Realignments

1999 Through 2005

Since 2005

Entered 26 New Markets

Acquired 138 Offices (All)

Closed/Consolidated 29

Offices (All Types)

Opened 15 New Bank

Offices

Opened 22 Mortgage

Offices

Opened 1 Title Office

11 Office Realignments

Loss Share Example

Consolidated Impact

Additional Impairment on Pool 5

(200,000)

Improvement -

Less Losses on Pool 1

$200,000

Net Change in Credit Expectations

Provision Expense

(40,000)

Income Reclass1

Net Impact

(40,000)

Loan Loss Reserve

$200,000

Indemnification Asset

160,000

Under

an 80/20 loss share with the FDIC, the $200,000 in improvement

will result in approximately $40,000 in additional interest income recognized

over the life of the pool and starting in the following quarter.

Quarterly Credit Adjustments

Quarterly Accounting -

Income Statement

Quarterly Accounting -

Balance Sheet