EX-99.3

1Q13 Earnings Conference Call

Supplemental Presentation

April 25, 2013

Exhibit 99.3

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 level of market volatility, 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

deferred

taxes

acquisitions,

actual

results deviating from the

Company’s current estimates and assumptions of timing and amounts of cash flows, 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 and those of third-party providers of those services, hurricanes and other adverse

weather

events,

the

modest

trading

volume

our

common

sock,

and

valuation

intangible

assets.

These

and

other

factors

that

may

cause

actual

results

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

this

presentation and the

accompanying

press

release

the

date

this

release.

The

Company

undertakes

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.

•

Reserve for impairment of FDIC indemnification asset of $32 million ($0.70 per share)

•

Adoption of new accounting standard resulted in a $5.5 million ($0.12 per share)

increase in the amortization of the FDIC indemnification asset in 1Q13

•

$3 million negative loan loss provision driven by exceptional asset quality on non-

covered loan portfolio

•

Organic loan growth:

•

Core deposit growth:

•

32 basis point net interest margin decline

•

Other influences on first quarter performance:

•

Closed/consolidated 4 branches

•

Paid off $90 million in FHLB debt

•

Other non-operating items:

Introductory Comments

First Quarter 2013 –

Summary Comments

$185 million since December 31, 2012 (+10% annualized)

$1.3 billion since year-end 2011 (+18% annualized)

$14 million since December 31, 2012 (+1% annualized)

$1.6 billion since year-end 2011 (+19% annualized)

$2.4 million gain on sale of investments

$2.3 million loss on extinguishment of debt

19 bps due to accelerated I/A amortization

8 bps due to other changes in covered loan yields

2 bps due to incremental liquidity on balance sheet

3 bps due to other items

Financial Overview

Performance Metrics –

Quarterly Trends

•

Average earning

assets up $437

million (+4%)

•

T/E net interest

income down $7

million (-7%); $5.5

million due to

accelerated IA

amortization

•

Reversal of

Provision of $3

million:

•

Net charge-offs:

$1.2 million (0.06%

annualized rate)

•

Covered and

acquired impaired

loan provision:

$0.6 million

•

All other provision

reversal: $3.9

million

3/31/2012

6/30/2012

9/30/2012

12/31/2012

3/31/2013

Net Income ($ in thousands)

19,393

12,560

21,234

23,208

717

-97%

Per Share Data:

Fully Diluted Earnings

0.66

0.43

0.73

0.79

0.02

-97%

Operating Earnings (Non-GAAP)

(1)

0.62

0.54

0.83

0.80

0.86

Pre-provision Operating Earnings (Non-GAAP)

0.68

0.73

0.92

0.91

0.66

-27%

Tangible Book Value

37.23

37.28

37.07

37.34

36.93

-1%

Key Ratios:

Return on Average Assets

0.67%

0.43%

0.69%

0.73%

0.02%

(71)

bps

Return on Average Common Equity

5.21%

3.36%

5.56%

6.02%

0.19%

(583)

bps

Return on Average Tangible Common Equity (Non-GAAP)

7.43%

4.86%

7.91%

8.62%

0.55%

(807)

bps

Net Interest Margin (TE)

(2)

3.59%

3.58%

3.55%

3.23%

(32)

bps

Tangible Efficiency Ratio (TE)

(2)

(Non-GAAP)

74.6%

78.2%

74.3%

73.2%

102.4%

2,924

bps

Tangible Common Equity Ratio (Non-GAAP)

9.64%

9.37%

9.01%

8.66%

8.75%

bps

Tier 1 Leverage Ratio

10.51%

10.42%

10.01%

9.70%

9.37%

(33)

bps

Tier 1 Common Ratio (Non-GAAP)

13.48%

12.97%

12.04%

11.74%

11.39%

(35)

bps

Total Risk Based Capital Ratio

16.10%

15.54%

14.54%

14.19%

13.80%

(39)

bps

Net Charge-Offs to Average Loans

(3)

0.09%

0.07%

0.11%

0.01%

0.06%

bps

Nonperforming Assets to Total Assets

(3)

0.83%

0.84%

0.81%

0.85%

0.83%

(2)

bps

(1)

Excludes the impact of the adoption of the new accounting standard.

(2)

Fully taxable equivalent basis.

(3)

Excluding FDIC Covered Assets and acquired impaired loans.

%/Basis Point

Change

For Quarter Ended:

Financial Overview

Non-Interest Income Trends

•

Mortgage loan income seasonally favorable

•

IBERIA Capital Partners revenues down $0.3 million to $1.7

million for 1Q13

•

Deposit service charge income declined $0.5 million, or -7%,

from 4Q12

•

Title Insurance income declined $0.5 million, or -9%

•

$2.2 million OMNI investment gain in 4Q12; none in 1Q13

1Q13 originations down 19% from 4Q12

(seasonally consistent)

Sales up 1% in 1Q13 and up 30% over

1Q12

$19 million in 1Q13 revenues (down

17%)

Steady margin; Small buyback costs

Pipeline of $281 million at quarter-end

Noninterest Income ($000s)

1Q12

2Q12

3Q12

4Q12

1Q13

$ Change

% Change

Service Charges on Deposit Accounts

5,980

6,625

6,952

7,295

6,797

(498)

-7%

ATM / Debit Card Fee Income

2,024

2,166

2,377

2,412

2,183

(229)

-9%

BOLI Proceeds and CSV Income

951

905

916

909

939

Mortgage Income

13,718

18,185

23,215

22,935

18,931

(4,004)

-17%

Gain (Loss) on Sale of Investments, Net

2,836

901

(4)

2,359

2,363

Title Revenue

4,533

5,339

5,623

5,492

5,021

(471)

-9%

Broker Commissions

3,060

3,102

3,092

4,192

3,534

(658)

-16%

Other Noninterest Income

4,294

4,471

4,337

4,928

4,727

(201)

-4%

Noninterest inc. ex. non-op inc.

37,396

41,694

46,553

48,158

44,491

(3,667)

-8%

Non-operating income

2,196

(2,196)

-100%

Total Noninterest Income

37,396

41,694

46,553

50,354

44,491

(5,863)

-12%

1Q13 vs. 4Q12

and

$322

million

April

(+15%)

Financial Overview

Non-Interest Expense

•

Noninterest expenses excluding non-operating

items down $0.7 million or 1%

•

Total expenses up $31 million, or 28%, in 1Q13

•

Impairment of indemnification asset of $32 million

•

Merger-related costs of $0.2 million (-87%)

•

Other non-operating expenses of $0.5 million

(down 65% compared to 4Q12 of $1.4 million)

Linked quarter increases/(decreases) of:

FHLB debt extinguishment

2.3

mil.

Payroll tax increase

1.9

Franchise and share taxes

1.1

Mortgage commissions

(1.4)

Business development and marketing

(1.5)

OREO expense

(0.9)

Credit and loan-related expense

(0.6)

0.9

mil.

Noninterest Expense ($000s)

1Q12

2Q12

3Q12

4Q12

1Q13

$ Change

% Change

Mortgage Commissions

3,229

5,612

6,006

5,747

4,327

(1,420)

-25%

Hospitalization Expense

3,817

3,404

3,773

4,005

4,407

402

10%

Other Salaries and Benefits

47,522

48,011

49,270

50,675

53,668

2,993

Salaries and Employee Benefits

54,568

57,028

59,049

60,426

62,402

1,976

Credit/Loan Related

4,027

4,835

4,846

4,386

3,739

(647)

-15%

Occupancy and Equipment

12,677

12,852

13,500

14,413

14,774

361

Amortization of Acquisition Intangibles

1,290

1,289

1,287

1,285

1,183

(102)

-8%

All Other Noninterest Expense

26,373

27,105

26,611

30,328

28,050

(2,278)

-8%

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

98,935

103,109

105,293

110,838

110,148

(690)

-1%

Severance

219

1,053

712

370

(273)

-74%

Occupancy and Branch Closure Costs

2,743

284

711

375

(336)

-47%

Impairment of Indemnification Asset

31,813

100%

Debt Prepayment

2,307

100%

Consulting and Professional

220

1,661

574

339

(339)

-100%

Nonint. Exp. Excluding Merger-Related

99,374

108,566

106,864

112,258

144,741

32,483

29%

Merger-Related Expenses

500

456

2,985

1,183

157

(1,026)

-87%

Total Noninterest Expense

99,873

109,022

109,848

113,441

144,898

31,457

28%

Tangible

Efficiency

Ratio

excl

Nonop

Exp

75.5%

74.4%

71.2%

72.5%

79.0%

1Q13 vs. 4Q12

Financial Overview

Non-Operating Items –

1Q13

•

Impairment of indemnification asset of $31.8 million in 1Q13 ($0.70 EPS)

•

Accelerated amortization of indemnification asset of $5.5 million in 1Q13 ($0.12 EPS)

•

1Q13 Other non-operating expenses of $0.6 million ($0.02 EPS)

Pre-tax

After-tax

(2)

Per share

Pre-tax

After-tax

(2)

Per share

Pre-tax

After-tax

(2)

Per share

Net Income (Loss) (GAAP)

26,527

19,393

0.66

32,037

23,208

0.79

(4,159)

717

0.02

Noninterest income adjustments

Loss (Gain) on sale of investments

(2,836)

(1,843)

(0.06)

(0.00)

(2,359)

(1,533)

(0.05)

Other noninterest income

(2,196)

(1,427)

(0.05)

Noninterest expense adjustments

Merger-related expenses

500

325

0.01

1,183

769

0.03

157

102

0.00

Severance expenses

219

142

0.00

370

241

0.01

0.00

Impairment of indemnification asset

31,813

20,678

0.70

Debt prepayment

2,307

1,500

0.05

Occupancy expenses and branch closure expenses

711

462

0.02

375

244

0.01

Professional expenses and litigation settlements

220

143

0.01

339

220

0.01

Operating earnings (Non-GAAP) (3)

24,630

18,160

0.62

32,448

23,475

0.80

28,231

21,771

0.74

Covered and acquired impaired loan provision for credit losses

1,853

1,205

0.04

4,504

2,928

0.10

565

367

0.01

Other (reversal of) provision for credit losses

1,004

652

0.02

362

235

0.01

(3,941)

(2,562)

(0.09)

Pre-provision operating earnings (Non-GAAP) (3)

27,487

20,017

0.68

37,314

26,638

0.90

24,855

19,576

0.66

Net Income (Loss) (GAAP)

26,527

19,393

0.66

32,037

23,208

0.79

(4,159)

717

0.02

Impact

adoption

new

accounting

standard

(3)

5,453

3,544

0.12

Earnings less impact of new accounting standard (Non-GAAP)

26,527

19,393

0.66

32,037

23,208

0.79

1,294

4,262

0.14

24,630

18,160

0.62

32,448

23,475

0.80

28,231

21,771

0.74

Impact

adoption

new

accounting

standard

(3)

5,453

3,544

0.12

Operating earnings less impact of new accounting standard (Non-GAAP)

24,630

18,160

0.62

32,448

23,475

0.80

33,684

25,315

0.86

(1) Per share amounts may not appear to foot due to rounding

(2) After-tax amounts estimated based on a 35% marginal tax rate

(3) Includes the impact of the adoption of ASU 2012-06 in the three month period ending March 31, 2013

(4) Adjustments represent additonal amortization on the Company's loss share receivable due to the adoption of ASU 2012-06 in the three month period ending March 31, 2013. The amount

included above represents the incremental amortization as calculated using the yield on the covered portfolio for the three month period ending December 31, 2012.

Operating earnings including the impact of the adoption of new accounting

standard (Non-GAAP)

Dollar Amount

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

(1)

(dollars in thousands)

For The Quarter Ended

March 31, 2012

December 31, 2012

March 31, 2013

Financial Overview

Performance Metrics –

Yields and Costs

•

Investment yield declined 17

bps to 1.92%

•

Net covered loan yield

declined 233 bps due to

accelerated IA amortization;

decline in non-covered loan

yield of 8 bps

•

Interest bearing deposit

costs declined 6 bps

•

Average noninterest bearing

deposits up $10 million

•

Margin declined 32 bps to

3.23%;

•

19 bps due to accelerated

IA amortization,

•

9 bps due to changes in

covered loan portfolio,

•

2 bps due to liquidity

increases and

•

3 bps in other items

12/31/2012

3/31/2013

Investment Securities

2.09%

1.92%

(17)

bps

Covered Loans & Loss Share Receivable

7.68%

5.35%

(233)

bps

Noncovered Loans

4.52%

4.44%

(8)

bps

Loans & Loss Share Receivable

4.70%

4.36%

(34)

bps

Mortgage Loans Held For Sale

2.96%

2.97%

bps

Other Earning Assets

0.61%

0.52%

(9)

bps

Total Earning Assets

4.06%

3.70%

(36)

bps

Interest Bearing Deposits

0.53%

0.47%

(6)

bps

Short-Term Borrowings

0.21%

0.19%

(2)

bps

Long-Term Borrowings

3.17%

3.16%

(1)

bps

Total Interest Bearing Liabilities

0.65%

0.58%

(7)

bps

Net Interest Spread

3.41%

3.12%

(29)

bps

Net Interest Margin

3.55%

3.23%

(32)

bps

(1)

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

Basis Point

Change

For Quarter Ended:

Financial Overview

Quarterly Re-pricing Schedule

•

$1.5 Billion in time deposits re-price over next 12 months at weighted average 0.75% rate

•

During 1Q13, new and re-priced time deposits were booked at an average cost of 0.45%

•

In 1Q13, retention rate of time deposits was 93% with average reduction in rate of 22 basis points

$ in millions

Note: Amounts exclude re-pricing of assets and liabilities from prior quarters

2Q13

3Q13

4Q13

1Q14

2Q14

Cash Equivalents

Balance

485.8

Rate

0.62%

0.00%

Investments

Balance

243.8

119.4

129.4

116.5

102.6

Rate

1.48%

2.71%

2.47%

2.31%

2.70%

Loans

Balance

4,430.1

392.3

327.3

309.7

312.1

Rate

3.63%

5.11%

5.00%

4.98%

4.62%

Time Deposits

Balance

462.8

412.4

366.9

293.4

110.4

Rate

0.58%

0.69%

0.85%

0.97%

1.01%

Borrowed Funds

Balance

456.6

2.3

1.0

0.5

5.5

Rate

1.31%

4.48%

4.28%

3.72%

4.17%

Operating Improvement Initiative

Composition of Benefits

Expense Initiatives

Branch closures

Other reductions

Closing 9 branch offices

Consumer products

IT Maintenance

Consulting

Telephone

Business travel

Occupancy expense

Professional services

Revenue Enhancements

Loan related fee income

Mortgage mandatory delivery

Increased origination activity

Service fees

$ in millions

$20.7 million pre-tax net benefit

realized in 2014 and beyond

19% of initiatives, representing

29% of total benefits, were

implemented in April 2013

Salary & Benefits

40%

Branch Closings

20%

Contracts

13%

Marketing & Technology

Other Expense

11%

Total Expense

92%

Revenue Enhancements

100%

Compensation

Branch closings

Contracts

Marketing & Technology

Other Items

Operating Improvement Initiative

Timing of Net Benefits

$ in thousands

$20.7 million annual pre-tax earnings run-rate improvement by 1Q14

92% expense reductions

8% revenue improvements

Aggregate $3.9 million pre-tax implementation costs

76%

$2.8

million

total

implementation

costs

incurred

2Q13

Net benefit of $6.8 million in remainder of 2013

2Q13

3Q13

4Q13

1Q14

2Q14

3Q14

4Q14

1Q15

2013

2014

2015

Expense Reductions:

Branch closings

$585

$1,045

$2,215

$4,178

Contracts

123

397

528

683

1,048

2,732

Marketing & Technology

190

369

622

1,476

Other expense

305

565

569

1,438

2,277

Salary & benefits

1,056

1,628

2,018

2,078

4,702

8,310

$2,131

$3,364

$4,529

$4,743

$10,024

$18,973

Revenue improvements

213

422

634

1,688

Total earnings enhancement

$2,131

$3,577

$4,951

$5,165

$10,659

$20,661

Implementation cost

(2,811)

(811)

(242)

(3,863)

Net Benefit

($679)

$2,766

$4,709

$5,165

$6,796

$20,661

Impact to Full Year

Quarterly Impact:

Asset Quality

Legacy Portfolio

Asset Quality Summary

(Excludes FDIC covered assets and acquired impaired loans)

•

NPAs equated to

0.83% of total assets,

down 2 bps compared

to 4Q12

•

$214 million in

classified assets (-8%

from 4Q12)

•

$111 million special

mention loans (-9%

from 4Q12)

•

Net charge-offs of

$1.2 million or an

annualized rate of

0.06% of average

loans

•

$3.9 million negative

provision for legacy

franchise in 1Q13

($ thousands)

3/31/2012

12/31/2012

3/31/2013

Nonaccrual Loans

61,160

70,354

66,659

-5%

OREO

17,740

26,380

26,515

49%

Accruing Loans 90+ Days Past Due

3,338

1,776

2,827

-15%

59%

Nonperforming Assets

82,238

98,510

96,001

17%

-3%

Past Due Loans

79,928

93,358

85,399

-9%

Classified Loans

194,034

231,586

213,589

10%

-8%

Nonperforming Assets/Assets

0.83%

0.85%

0.83%

(0)

bps

(2)

bps

NPAs/(Loans + OREO)

1.33%

1.34%

1.27%

(6)

bps

(7)

bps

Classified Assets/Total Assets

1.96%

1.99%

1.84%

(12)

bps

(15)

bps

(Past Dues & Nonaccruals)/Loans

1.29%

1.27%

1.13%

(15)

bps

(14)

bps

Provision For Credit Losses

1,004

362

(3,941)

Net Charge-Offs/(Recoveries)

1,339

1,170

-13%

1180%

Provision Less Net Charge-Offs

(336)

270

(5,111)

Net Charge-Offs/Average Loans

0.09%

0.01%

0.06%

(3)

bps

Reserve For Credit Losses/Loans

1.22%

1.08%

0.99%

(23)

bps

(9)

bps

For Quarter Ended:

% or Basis Point Change

Year/Year

Qtr/Qtr

Asset Quality

Total Portfolio Trends

($thousands)

Nonaccruals

677,619

540,867

463,075

-32%

-14%

OREO & Foreclosed

126,657

121,536

131,836

90+ Days Past Due

7,320

4,404

5,697

-22%

29%

Nonperforming Assets

811,596

666,807

600,608

-26%

-10%

NPAs/Assets

6.88%

5.08%

4.63%

(225)

bps

(45)

bps

NPAs/(Loans + OREO)

10.67%

7.74%

6.87%

(380)

bps

(87)

bps

LLR/Loans

2.37%

2.96%

2.21%

(16)

bps

(75)

bps

Net Charge-Offs/Loans

0.09%

0.00%

0.06%

(3)

bps

Past Dues:

30-89 Days Past Due

35,228

47,899

33,227

-6%

-31%

90+ days Past Due

7,320

4,404

5,697

-22%

29%

Nonaccual Loans

677,619

540,867

463,075

-32%

-14%

Total 30+ Past Dues

720,167

593,170

501,999

-30%

-15%

% Loans

9.63%

6.98%

5.84%

(379)

(114)

Total Portfolio

1Q12

4Q12

1Q13

% or Basis Point Change

Year/Year

Qtr/Qtr

Markets

Loan Growth

Organic Loan Growth

Sterling Bank FDIC-

Assisted Acquisition

$ in millions

1st Quarter 2013:

•

Since YE 2011:

•

Since YE 2009:

•

* Organic loan growth excludes the outstanding balance of loans acquired in non-covered transactions (e.g., OMNI, Cameron,

and Florida Gulf) at the date of the acquisition in the respective acquisition periods

$185 million, or

+2% (+10%

annualized)

$1.3 billion, or

+22% (+18%

annualized)

$2.4 billion, or

+59% (+18%

annualized)

The FDIC covered

loan portfolio

declined 40%, or

$666 million (a 12%

annualized rate)

Markets

Quarterly Organic Loan Growth

*Organic loan growth excludes the outstanding balance of loans acquired in all transactions at the date of the acquisition in the respective acquisition periods

•

First quarter of each year tends

to exhibit slower loan growth

than other quarters

Markets

Loan

Originations

1Q13

–Top

Markets

$ in millions

•

$873 million in total

funded loans and

unfunded loan

commitments

originated in 1Q13

•

Significant growth in

Houston, New Orleans

and Lafayette

•

Continued growth in

other markets in which

we have invested

heavily

Excludes acquired deposits

Markets

Organic Deposit Growth

$ in millions

Organic

Deposit

Growth

1st Quarter 2013:

•

Decrease of $62

million, or -0.6% in

1Q13 (-2%

Annualized)

•

Approximately $115

million of the decline

was due to a outlflow

in seasonal deposits

Total

Deposit

Growth

Very strong transaction

account growth in 4Q12

Core deposit growth of

$14 million, or +0.2%

(+1% annualized)

Markets

Core

Deposit

Growth

1Q13

–Top

Markets

$ in millions

•

Strong growth in

Birmingham, Lake

Charles, and Naples;

seasonal deposit

outflows in Lafayette,

New Orleans and

Southeast Florida

•

Deposit pricing

remains favorable:

Cost of interest bearing

deposits declined 6 bps

to 0.47%

•

Cost of total deposits

declined 5 bps to

0.38%

•

Markets

Non-Interest Bearing Deposit Growth

% of Total Deposits

•

Since 2010, total non-

interest bearing

deposits have

increased $1.1 billion

or +124% (+55%

annualized rate)

•

Modest growth in 1Q13

(+$4 million on a linked

quarter basis)

•

Top 1Q13 noninterest

bearing deposit growth

markets include

Naples, Lafayette,

Lake Charles, Little

Rock and Houston

Non-interest bearing deposits at period-end

Markets

1Q13 Highlights

•

Seasonal influences affected loan and deposit growth in 1Q13

•

Heightened

competition

impacted

both

commercial

loan

pricing

and

structure

•

Non-FDIC loan growth of $185 million came from a number of markets and in both

commercial and retail markets

•

Houston, New Orleans, Memphis and Baton Rouge showed strong commercial loan

originations –

concentrated in our C&I clients

•

Loans and commitments originated during 1Q13 of $873 million with 57% fixed rate

and 43% floating rate

•

Commercial loans originated and funded in 1Q13 totaled $324 million with a mix of

30% fixed and 70% floating ($521 in commercial loan commitments during the

quarter)

•

Strong commercial pipeline of $609 million at quarter-end

•

Small business loans, including lines of credit, grew $58 million or 9% in 1Q13 (36%

annualized)

•

Consumer

loan

growth

driven

increases

indirect

lending

and

home

equity

lines

of credit –

arising from recent improvements in these businesses

•

Period-end core deposit growth of $14 million, with non-interest bearing deposits up

$4 million ($10 million linked quarter growth on an average balance basis) impacted

by $115 million in seasonal outflows during the quarter

Retail and Small Business

1Q13 Progress

•

Completed closure and consolidation of 4 branches in the first quarter of 2013,

as planned

•

Continued growth in Small Business and Consumer loan originations:

•

Small Business of $72 million

•

Indirect of $48 million

•

Direct Consumer of $113 million

•

Strong checking account growth in openings:

•

Small Business accounts up 21% on a linked quarter basis and 24%

from 1Q12

•

Consumer accounts down 3% on a linked quarter basis and up 84%

from 1Q12

•

Continued emphasis on branch efficiency and productivity and digital delivery

Continued investment with the addition of three new business bankers

•

Wealth And Capital Markets

1Q13 Progress

•

ICP/IWA revenues

of $2.9 million

(down 10%

compared to 4Q12

and up 50% from

1Q12)

•

ICP currently

provides research

coverage on 68

public energy

companies

•

IWA assets under

management

increased 12%, to

$1.1 billion at March

31, 2013

Total Quarterly Revenues For:

•

IBERIA Capital Partners

•

IBERIA Wealth Advisors

Appendix

Appendix

Expected Amortization Comparison

FDIC Portfolio (in thousands)

Revenues

41,607

27,992

24,480

21,616

18,751

15,324

12,553

10,856

9,789

IA Amortization

(27,702)

(15,405)

(13,472)

(11,896)

(10,319)

(8,434)

(6,806)

(4,884)

(2,852)

IBT

13,905

12,588

11,008

9,720

8,432

6,890

5,747

5,972

6,937

Appendix

Expected Future Performance Metrics

$ in thousands

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

1,218,933

51,150

16.661%

1,153,954

55,400

18.878%

1,112,153

49,550

17.528%

1,039,469

41,607

16.047%

Mortgage Loans

196,969

5,128

10.414%

169,580

5,306

12.517%

155,989

5,318

13.636%

180,902

4,398

9.724%

Indirect Automobile

0.000%

(0)

0.000%

(0)

0.000%

(0)

0.000%

Credit Card

862

6.629%

853

6.746%

860

6.664%

824

6.565%

Consumer

150,236

4,324

11.577%

149,877

5,282

14.020%

148,001

5,308

14.267%

130,960

3,509

10.867%

Line Of Credit-Consumer Loans

72,370

2,953

16.410%

72,598

3,462

18.971%

69,910

3,661

20.831%

41,802

3,200

31.044%

Commercial & Business Banking

798,767

38,731

19.186%

761,048

41,335

21.257%

737,394

35,250

18.706%

684,981

30,487

17.803%

Loans in Process

(272)

0.000%

(3)

0.000%

(1)

0.000%

(1)

0.000%

Overdrafts

0.000%

FDIC Loss Share Receivable

508,443

(28,484)

-22.163%

448,746

(33,488)

-29.201%

411,328

(28,201)

-26.828%

384,319

(27,702)

-28.832%

Net Covered Loan Portfolio

1,727,375

22,666

7.438%

1,602,700

21,912

7.596%

1,523,481

21,349

7.678%

1,423,788

13,905

5.351%

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Average

Income /

Expense

Average

Yield

Covered Loans

1,218,933

51,150

16.661%

1,153,954

55,400

18.878%

1,112,153

49,550

17.528%

1,039,469

41,607

16.047%

CapitalSouth Bank

187,742

7,077

14.966%

169,584

6,480

15.034%

150,872

6,737

17.537%

138,793

4,109

11.855%

Orion Bank

673,068

33,586

19.801%

651,176

35,154

21.221%

641,252

29,720

18.235%

597,706

25,287

16.960%

Century Bank

255,610

6,134

10.080%

244,874

8,047

12.967%

232,967

7,137

12.108%

219,726

6,401

11.703%

Sterling Bank

102,513

4,353

16.829%

88,322

5,718

25.371%

87,063

5,956

26.806%

83,245

5,810

27.941%

FDIC Loss Share Receivable

508,443

(28,484)

-22.163%

448,746

(33,488)

-29.201%

411,328

(28,201)

-26.828%

384,319

(27,702)

-28.832%

CapitalSouth Bank

44,503

(3,285)

-29.204%

40,443

(3,213)

-31.088%

35,811

(3,431)

-37.492%

29,301

(2,388)

-32.596%

Orion Bank

306,347

(21,149)

-27.311%

271,457

(22,983)

-33.130%

251,749

(17,944)

-27.892%

235,594

(17,330)

-29.423%

Century Bank

119,445

(1,911)

-6.329%

101,167

(3,875)

-14.987%

92,076

(3,200)

-13.601%

90,384

(4,100)

-18.146%

Sterling Bank

38,148

(2,139)

-22.181%

35,680

(3,417)

-37.472%

31,691

(3,625)

-44.761%

29,040

(3,884)

-53.502%

Net Covered Loan Portfolio

1,218,933

22,666

7.438%

1,153,954

21,912

7.596%

1,112,153

21,349

7.678%

1,039,469

13,905

5.351%

CapitalSouth Bank

187,742

3,792

8.079%

169,584

3,267

7.706%

150,872

3,305

8.764%

138,793

1,721

4.961%

Orion Bank

673,068

12,436

7.391%

651,176

12,171

7.477%

641,252

11,776

7.345%

597,706

7,958

5.326%

Century Bank

255,610

4,224

6.609%

244,874

4,173

6.816%

232,967

3,937

6.760%

219,726

2,301

4.188%

Sterling Bank

102,513

2,214

8.639%

88,322

2,301

10.420%

87,063

2,331

10.709%

83,245

1,925

9.252%

2Q2012

3Q2012

4Q2012

1Q2013

2Q2012

3Q2012

4Q2012

1Q2013

Appendix

Interest Rate Risk Simulations

Source: Bancware model, as of March 31, 2013

* Assumes instantaneous and parallel shift in interest rates based on static balance sheet

•

Asset sensitive from an interest rate risk position

•

The degree of asset sensitivity 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

-3.9%

-1.8%

0.0%

4.3%

9.0%

0.3%

0.8%

Economic

Value of

Equity

-10.3%

-10.5%

0.0%

8.7%

14.8%

-0.1%