Exhibit 99.2

Safe Harbor And Legend

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

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.

The

Company’s

actual

strategies,

results

and

financial

condition

future

periods

may

differ

materially

from

those

currently

expected

due

various

risks

and

uncertainties. Forward-looking statements are subject to numerous assumptions, risks and uncertainties that

change over time and could cause actual results or financial condition to differ materially from those expressed in

or implied by such statements. Consequently, no forward-looking statement can be guaranteed.

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

Statements on Form S-4 that will contain proxy statement / prospectuses. INVESTORS AND SECURITY

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

THE PROPOSED TRANSACTIONS WHEN THEY BECOME AVAILABLE, BECAUSE SUCH DOCUMENTS WILL

CONTAIN IMPORTANT INFORMATION. Investors and security holders may obtain a free copy of the proxy

statement / prospectuses (when they are available) and other documents containing information about the

pending transactions with Florida Bank Group, Inc., Old Florida Bancshares, Inc. and Georgia Commerce

Bancshares, Inc., without charge, at the SEC’s website at http://www.sec.gov. Copies of the proxy statement /

prospectuses and the SEC filings that will be incorporated by reference in the proxy statement / prospectuses

may also be obtained for free from the IBERIABANK Corporation website, www.iberiabank.com, under the

heading “Investor Information”.

This communication is not a solicitation of any vote or approval, is not an offer to purchase shares of common

stock of Old Florida Bancshares, Inc. or Georgia Commerce Bancshares, Inc., nor is it an offer to sell shares of

IBERIABANK Corporation common stock which may be issued in the proposed mergers. The issuance of

IBERIABANK

Corporation

common

stock

any

proposed

merger

would

have

registered

under

the

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

means of a prospectus complying with the Act.

•

Reported EPS of $1.07 (up $0.15 from 3Q14) and non-GAAP operating EPS of $1.05 (up

$0.01 from 3Q14)

•

Tax

equivalent

net

interest

income

increased

$2.8

million,

from

3Q14,

while

average

earning assets increased $154 million, or 1%

•

Announced three acquisitions; Florida Bank Group, Inc., Old Florida Bancshares, Inc., and

Georgia Commerce Bancshares, Inc.

•

Legacy loan growth:

•

Legacy deposit growth:

•

Net interest margin increased four bps to 3.53%, which exceeded previously disclosed

guidance range of 3.45% to 3.50%

•

Tangible operating efficiency ratio increased to 65.9% in 4Q14 from 65.7% in 3Q14

•

Tax-equivalent operating revenues up $3 million or +2% (+7% annualized)

•

$2.9 million income tax benefit resulting in a $0.09 per share increase in non-operating EPS

$489 million since September 30, 2014 (+21% annualized), including $324

million of Commercial and $165 million of Small Business and Consumer

Growth in the loan portfolio was 34% Retail and Small Business and 66%

Commercial

Overview

Introductory

Comments

–

Fourth

Quarter

2014

$143 million since September 30, 2014 (+5% annualized)

$38 million increase in non-interest bearing deposits (+5% annualized)

•

Successfully completed and converted three acquisitions. Synergies better than expected

and deposit attrition less than expected.

•

Loan growth in 18 of 21 markets and deposit growth in 17 of 21 markets.

•

Average

asset

growth

$1.6

billion

2014,

13%

compared

2013.

•

Between year-end 2013 and 2014, improvement in nearly all asset quality metrics. Strategic

goal is top quartile performance throughout the planning period.

•

Net interest margin improved 13 basis points in 2014 to 3.51%, which exceeded previously

disclosed guidance range of 3.45% to 3.50%.

•

Tax equivalent operating revenues increased $74 million, or 13% compared to 2013.

•

Operating expenses increased $17 million, or 4%, compared to 2013, resulting in positive

operating leverage of 4.5 times.

•

Tangible operating efficiency ratio improved 600 basis points, from 74.6% in 2013 to 68.5%

in 2014. The ratio improved further to 65.9% in 4Q14. Strategic goal is below 60% by 4Q16.

•

Operating return on average tangible common equity of 9.94% in 2014, compared to 8.48%

in 2013, and 11.17% in 4Q14 (11.46% on a reported basis.) Strategic goal is 13.00% to

17.00% by 4Q16.

•

Reported EPS of $3.30 (up 50% from 2013) and non-GAAP operating EPS of $3.73 (up 20%

from 2013). Strategic goal is double-digit percentage growth year-over-year in operating

EPS throughout the planning period.

Overview

Introductory

Comments

–

Year

2014

Acquisitions

Update

•

HQ:

Tampa, Florida

•

Offices:

13 in Florida

•

Assets:

$571 million

•

Loans:

$319 million

•

Deposits:

$404 million

•

Collars:

$56.79 & $76.83

•

% Pro Forma IBKC: 3%

•

Merger Update:

Announced:

October 3

Apps. Accepted*:

November 5

S-4 Effective:

December 8

Shareholder Vote:

January 13

Potential Closing:

1Q15

•

HQ:

Orlando, Florida

•

Offices:

14 in Florida

•

Assets:

$1.4 billion

•

Loans:

$1.1 billion

•

Deposits:

$1.2 billion

•

Collars:

$57.31 & $70.05

•

% Pro Forma IBKC: 7%

•

Merger Update:

Announced:

October 27

Apps. Accepted*:

November 26

S-4 Effective:

January 15

Shareholder Vote:

February 20

Potential Closing:

1Q15

•

HQ:

Atlanta, Georgia

•

Offices:

9 in Georgia

•

Assets:

$1.0 billion

•

Loans:

$746 million

•

Deposits:

$858 million

•

Collars:

$58.69 & $71.73

•

% Pro Forma IBKC: 5%

•

Merger Update:

Announced:

December 8

Apps. Accepted*:

December 23

S-4 Effective:

TBD

Shareholder Vote:

TBD

Potential Closing:

2Q15

Old Florida Bancshares

Georgia Commerce

Florida Bank Group

Unaudited Balance Sheet Information as of December 31, 2014

*Dates applications were accepted by Federal Reserve Bank of Atlanta

•

Mortgage 4Q14 Non-Interest Income of $13.6

million is $0.6 million lower than 3Q14 driven by

•

$0.6 million lower market value adjustment

gains (-$1.1million recognized in 4Q14 versus

-$0.5 million in 3Q14)

•

$0.7 million higher hedging costs ($3.2 million

in 4Q14 versus $2.5 million in 3Q14)

•

$0.7 million higher gains on lower sales

volume (-5%) and higher sales margins (+4%)

•

Loan originations were up $3 million in 4Q14 to

$459 million from $456 million in 3Q14 (+1%)

•

The pipeline plus loans held for sale at December

was 13% lower than at September 30, 2014

Financial Results

Mortgage Income

Capital

Results and Anticipated Changes

•

Increase in Tier 1

Leverage ratio from

3Q14 due to an increase

in net interest income in

4Q14

Estimated Future Impacts:

•

Anticipated 50% phase-

out of trust preferred

securities beginning in

2015

•

Expiration of loss share

coverage on three FDIC-

assisted transactions

•

Commencing in 2015, the Company will experience a 50% phase-out of Tier 1 capital

treatment for its trust preferred securities with no commensurate change in total regulatory

capital

•

In addition, on January 1, 2015, the Company experienced the expiration of FDIC loss share

protection on additional non-single family loans associated with three FDIC–assisted

transactions

•

Net risk weighted assets increased $347 million, 3%, from 3Q14 as a result of organic loan

growth,

investment

securities

purchases

and

shift

loans

out

the

covered

loan

portfolio

Q3 2014

Q4 2014

Well

Capitalized

Minimum

Tier 1 Leverage

9.21%

9.36%

bps

5.00%

Tier 1 Risk Based

11.20%

11.18%

(2)

bps

6.00%

Tier 1 Common Risk Based

10.32%

(0)

bps

3.00%

Total Risk Based

12.40%

12.30%

(10)

bps

10.00%

Tangible Common Equity / Tangible Assets

8.45%

8.60%

bps

N/A

IBERIABANK Corporation Capital Ratios

Change

Estimated Impact on 4Q 2014 Capital Ratios

Phase out of Trust Preferred Securites (50% Phase Out)

(36)

bps

(43)

bps

End

Loss

certain

covered

assets

bps

(11)

bps

(12)

bps

Total Impact

(36)

bps

(54)

bps

(12)

bps

Total Risk Based

Tier 1 Risk Based

Tier 1 Leverage

Appendix

Performance Metrics –

Quarterly Trends

•

Average earning

assets up $0.2

billion (+1%)

•

T/E net interest

income up $3

million (+2%)

•

Provision for loan

losses of $6 million:

•

Legacy net charge-

offs: $1.5 million

(0.06% annualized

rate)

•

Covered and

acquired net

charge-offs: $0.2

million (0.05%

annualized rate)

•

Legacy provision

for loan losses:

$4.0 million

12/31/2013

3/31/2014

6/30/2014

9/30/2014

12/31/2014

Net Income ($ in thousands)

25,604

22,395

16,227

30,892

35,936

16%

Per Share Data:

Fully Diluted Earnings

0.86

0.75

0.53

0.92

1.07

16%

Operating Earnings (Non-GAAP)

0.87

0.73

0.89

1.04

1.05

Pre-provision Operating Earnings (Non-GAAP)

0.97

0.78

0.99

1.15

1.17

Tangible Book Value

37.17

37.59

37.30

37.83

39.11

Key Ratios:

Return on Average Assets

0.77%

0.68%

0.46%

0.79%

0.91%

bps

Return on Average Common Equity

6.62%

5.83%

3.99%

6.78%

7.78%

100

bps

Return on Average Tangible Common Equity (Non-GAAP)

9.43%

8.36%

5.88%

10.10%

11.46%

136

bps

Net Interest Margin (TE)

(1)

3.52%

3.54%

3.49%

3.53%

bps

Tangible Operating Efficiency Ratio (TE)

(1)

(Non-GAAP)

69.9%

73.6%

69.9%

65.7%

65.9%

bps

Tangible Common Equity Ratio (Non-GAAP)

8.55%

8.61%

8.44%

8.45%

8.60%

bps

Tier 1 Leverage Ratio

9.70%

9.61%

10.00%

9.21%

9.36%

bps

Tier 1 Common Ratio (Non-GAAP)

10.55%

10.44%

10.30%

10.32%

(0)

bps

Total Risk Based Capital Ratio

12.82%

12.69%

12.41%

12.40%

12.30%

(10)

bps

Net Charge-Offs to Average Loans

(2)

0.07%

0.05%

0.04%

0.09%

0.06%

(3)

bps

Non-performing Assets to Total Assets

(2)

0.61%

0.49%

0.53%

0.46%

0.41%

(5)

bps

(1)

Fully taxable equivalent basis.

(2)

Excluding FDIC Covered Assets and Acquired Assets.

Linked Quarter

%/Basis Point

Change

For Quarter Ended:

Appendix

Performance Metrics –

Yields and Costs

9/30/2014

12/31/2014

Investment Securities

2.20%

2.24%

bps

Covered Loans, net of loss share receivable

3.07%

3.57%

bps

Legacy Loans, net

3.97%

3.94%

(3)

bps

Non-Covered Acquired Loans, net

6.63%

6.94%

bps

Loans & Loss Share Receivable

4.31%

4.32%

bps

Mortgage Loans Held For Sale

3.90%

3.95%

bps

Other Earning Assets

0.60%

0.80%

bps

Total Earning Assets

3.83%

3.88%

bps

Interest-bearing Deposits

0.39%

0.41%

bps

Short-Term Borrowings

0.17%

0.19%

bps

Long-Term Borrowings

2.75%

2.73%

(2)

bps

Total Interest-bearing Liabilities

0.46%

0.48%

bps

Net Interest Spread

3.38%

3.41%

bps

Net Interest Margin

3.49%

3.53%

bps

(1)

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

For Quarter Ended:

Linked Quarter

Basis Point

Change

Appendix

Non-GAAP Cash Margin

•

Adjustments represent accounting

impacts of purchase discounts on

acquired loans and related accretion

as well as the I/A and related

amortization on the covered portfolio

Balances, as

Reported

Adjustments

As Adjusted

4Q13

Average Balance

11,853,896

3,929

11,857,825

Income

103,438

(2,072)

101,366

Rate

3.52%

-0.03%

3.49%

1Q14

Average Balance

12,088,186

16,847

12,105,029

Income

104,408

(2,517)

101,890

Rate

3.54%

-0.09%

3.45%

2Q14

Average Balance

12,687,971

30,318

12,718,289

Income

109,273

392

109,665

Rate

3.49%

0.01%

3.50%

3Q14

Average Balance

13,990,358

44,149

14,034,507

Income

121,751

(4,170)

117,581

Rate

3.49%

-0.13%

3.36%

4Q14

Average Balance

14,144,762

54,669

14,199,431

Income

124,680

(6,076)

118,603

Rate

3.53%

-0.18%

3.35%

Appendix

Non-Interest Income Trends

•

Mortgage income decreased $0.6 million, or -4%

•

Capital markets revenue decreased $1.0 million, or -36%

•

Credit Card fee income increased $0.8 million, or +30%

•

Corporate owned life insurance income increased $1.0 million

due to valuation adjustments on investments (mostly offset by

an increase to non-interest expense)

4Q14 originations up 1% from 3Q14

Refinancings were 36% of production, up

from 25% in 3Q14

Sales decreased 5% in 4Q14

Margins 5% higher in 4Q14

Pipeline of $137 million at quarter-end,

down 19% as compared to September 30,

2014. At January 23, 2015, the locked

pipeline was $200 million or +46% over

December 31, 2014

3Q14 and 4Q14 includes full quarter of Teche and First Private results

Non-interest Income ($000s)

4Q13

1Q14

2Q14

3Q14

4Q14

$ Change

% Change

Service Charges on Deposit Accounts

7,455

7,012

8,203

10,205

10,153

(52)

-1%

ATM / Debit Card Fee Income

2,493

2,467

2,937

3,287

3,331

BOLI Proceeds and CSV Income

900

934

1,047

1,050

Mortgage Income

12,356

10,133

13,755

14,263

13,646

(617)

-4%

Title Revenue

4,327

4,167

5,262

5,577

5,486

(91)

-2%

Broker Commissions

4,986

4,048

5,479

5,297

3,960

(1,337)

-25%

Other Noninterest Income

6,179

5,129

7,182

6,854

9,071

2,217

32%

Noninterest income excluding non-operating income

38,696

33,890

43,752

46,530

46,697

167

Gain (Loss) on Sale of Investments, Net

582

164

(418)

-72%

Other Non-operating income

1,772

211

100%

Total Non-interest Income

38,715

35,681

43,761

47,112

47,072

(40)

4Q14 vs. 3Q14

Appendix

Non-Interest Expense Trends

•

Non-interest expenses excluding non-operating items up

$2.4 million, or 2%, as compared to 3Q14

•

Total expenses down $0.8 million, or -1%, in 4Q14

•

Severance expense down $1.1 million, mostly related to

Teche acquisition

•

Impairment of long-lived assets down $3.1 million

•

Merger-related expense increased $0.2 million

•

Tangible Operating Efficiency Ratio of 65.9%, up from

65.7% in 3Q14

3Q14 and 4Q14 includes full quarter of Teche and First Private results

Non-interest Expense ($000s)

4Q13

1Q14

2Q14

3Q14

4Q14

$ Change

% Change

Mortgage Commissions

3,169

2,215

3,481

3,912

4,045

133

Hospitalization Expense

3,899

3,944

3,661

4,611

4,606

(5)

Other Salaries and Benefits

52,108

53,582

55,921

54,898

56,784

1,886

Salaries and Employee Benefits

59,176

59,741

63,063

63,421

65,435

2,013

Credit/Loan Related

2,776

3,560

3,093

4,569

2,483

(2,086)

-46%

Occupancy and Equipment

13,971

13,775

13,918

14,580

14,526

(54)

Amortization of Acquisition Intangibles

1,177

1,218

1,347

1,623

1,618

(5)

All Other Non-interest Expense

25,328

27,328

28,744

29,771

32,146

2,375

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

102,428

105,622

110,165

113,965

116,208

2,243

Severance

216

119

5,466

1,226

139

(1,087)

-89%

Occupancy and Branch Closure Costs

100%

Storm-related expenses

184

143%

Impairment of Long-lived Assets, net of gains on sales

(225)

541

1,241

4,213

1,078

(3,135)

-74%

Provision for FDIC clawback liability

(797)

797

-100%

Debt Prepayment

100%

Termination of Debit Card Rewards Program

(311)

(22)

100%

Consulting and Professional

100%

Merger-Related Expenses

566

967

10,419

1,752

1,955

203

12%

Total Non-interest Expense

102,674

107,428

127,309

120,360

119,382

(978)

-1%

Tangible Efficiency Ratio - excl Nonop-Exp

69.9%

73.6%

69.9%

65.7%

65.9%

4Q14 vs. 3Q14

Linked quarter increases/decreases of:

Equity compensation expense

$1.2 mil

Corporate-owned life insurance expense

Marketing and business development

0.5

Legal and professional fees

0.6

Credit/Loan related expense

(2.1)

Decreased payroll tax expense

(0.5)

0.7

Appendix

Non-Operating Items (Non-GAAP)

Non-operating adjustments equal to $3.2 million pre-tax or $0.02 EPS after-tax:

•

4Q14 Merger related expense of $2.0 million pre-tax or $0.04 EPS after-tax

•

4Q14 Severance expense of $0.1 million pre-tax or less than $0.01 EPS after-tax

•

Net impairment expense of $1.1 million pre-tax or $0.02 EPS after-tax

•

Income tax benefits of ($3.0) million or ($0.09) after tax

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)

34,779

25,604

0.86

42,789

30,892

0.92

45,875

35,936

1.07

Non-interest income adjustments

Gain on sale of investments and other non-interest income

(19)

(12)

(0.00)

(582)

(378)

(0.01)

(374)

(243)

(0.01)

Non-interest expense adjustments

Merger-related expenses

566

368

0.01

1,752

1,139

0.04

1,955

1,496

0.04

Severance expenses

216

141

0.00

1,226

797

0.02

139

0.00

(Gain) Loss on sale of long-lived assets, net of impairment

(225)

(146)

(0.00)

4,213

2,738

0.08

1,078

701

0.02

(Reversal of) Provision for FDIC clawback liability

(797)

(518)

(0.02)

Other non-operating non-interest expense

(311)

(202)

(0.01)

(0.00)

Total non-interest expense adjustments

246

161

0.01

6,394

4,156

0.12

3,174

2,289

0.07

Income tax benefits

(2,959)

(0.09)

Operating

earnings

(Non-GAAP)

(3)

35,006

25,752

0.87

48,602

34,671

1.04

48,675

35,023

1.05

Covered and acquired impaired (reversal of) provision for loan losses

0.00

1,692

1,100

0.03

2,474

1,608

0.05

Other (reversal of) provision for loan losses

4,621

3,004

0.10

4,022

2,614

0.08

4,021

2,614

0.08

Pre-provision

operating

earnings

(Non-GAAP)

(3)

39,706

28,808

0.97

54,316

38,385

1.15

55,170

39,245

1.17

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

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

RECONCILIATION

NON-GAAP

FINANCIAL

MEASURES

(1)

(dollars in thousands)

For The Quarter Ended

December 31, 2013

September 30, 2014

December 31, 2014

Dollar Amount

Appendix

Prior Period Adjustments

•

Purchase accounting adjustments represent adjustments to the fair values of

loans, mortgage servicing rights, and core deposit intangibles as recorded on the

acquisition date for the Teche transaction.

•

Correction adjustments represent recognition of timing adjustments of mortgage-

related income amounts recorded in the second and third quarters.

$ in thousands, except per share data

As Reported

Updated

As Reported

Updated

Net Interest Income

108,979

294

109,273

121,041

710

(0)

121,751

Non-Interest Income

47,963

(13)

(4,189)

43,761

45,663

(38)

1,487

47,112

Non-Interest Expense

127,375

104

(170)

127,309

120,060

130

170

120,360

EPS,

Diluted -

GAAP

0.60

0.00

(0.08)

0.53

0.89

0.01

0.02

0.92

EPS,

Diluted

Operating

(Non-GAAP)

0.96

0.00

(0.07)

0.89

1.00

0.01

0.03

1.04

Book Value per Share

53.86

(0.09)

53.77

54.35

0.02

(0.05)

54.32

Tangible Book Value per Share

37.41

(0.04)

(0.07)

37.30

37.91

(0.03)

(0.05)

37.83

Return on Average Assets

0.53%

bps

(7)

bps

0.46%

0.76%

bps

0.79%

Return on Average Common Equity

4.56%

bps

(60)

bps

3.99%

6.52%

bps

6.78%

Return on Average Tangible Common Equity

6.62%

bps

(84)

bps

5.88%

9.68%

bps

10.10%

Net Interest Margin (TE)

3.48%

bps

3.49%

3.47%

bps

3.49%

2Q 2014

3Q 2014

Correction

Purchase

Accounting

Adjustment

Purchase

Accounting

Adjustment

Appendix

Market Highlights For 4Q14

•

Competitive pressure remains strong for high quality commercial and

business banking clients in terms of both pricing and structure

•

Houston, New Orleans, Birmingham, Baton Rouge, and Lafayette

showed strong commercial loan originations

•

Total commitments originated during 4Q14 of $1.2 billion with 32%

fixed rate and 68% floating rate

•

Commercial loans originated and funded in 4Q14 totaled $563 million

with a mix of 19% fixed and 81% floating ($808 million in commercial

loan commitments during the quarter)

•

Strong commercial pipeline in excess of $600 million at quarter-end

•

Legacy small business loan growth of $56 million, or +7%, on a linked-

quarter basis

•

Period-end core deposit increase of $131 million, with non-interest

bearing deposits up $38 million

Appendix

Small Business and Retail –

4Q14 Progress

Excludes acquired loans and deposits

•

Small Business loan growth of $56 million, or +7%, on a linked-quarter basis

•

Consumer Direct & Mortgage loan growth of $108 million, or +4%, on a linked

quarter basis

•

Credit Card loan growth of $4 million, or +6%, on a linked quarter basis

•

Checking account growth:

•

Small Business checking accounts increased 11% year-over-year

and a 1% on a linked quarter basis

•

Consumer checking accounts decreased 2% year-over-year and a

1% on a linked quarter basis, primarily due to expected attrition from

recently converted Teche portfolio

•

Continued focus on productivity and efficiency of the delivery network –

opened one branch in 4Q14, did not close any branches in 4Q14

•

Acceptance and usage of digital delivery continues to increase among our

client base

•

Released Online Account Opening for Small Business Deposits

Appendix

Legacy Portfolio

Asset Quality Summary

(Excludes FDIC covered assets and all acquired loans)

•

NPAs equated to

0.41% of total assets,

down 5 bps compared

to 3Q14. Includes $12

million of bank-related

properties

•

$60 million in classified

assets (down $7.8

million from 3Q14)

•

Legacy net charge-offs

of $1.5 million, or an

annualized rate of

0.06% of average

loans

•

Past due loans

increased $15 million,

or 29%, to 0.68% of

total loans at 4Q14.

Increase associated

with three specific loan

relationships that have

been brought current

since year-end

($ thousands)

12/31/2013

9/30/2014

12/31/2014

Non-accrual Loans

43,687

38,060

34,970

-20%

-8%

OREO

28,272

23,477

21,243

-25%

-10%

Accruing Loans 90+ Days Past Due

1,075

754

-30%

16808%

Non-performing Assets

73,034

61,542

56,967

-22%

-7%

Note: NPAs excluding Former Bank Properties

63,828

48,808

45,411

-29%

-7%

Past Due Loans

66,153

50,505

65,291

-1%

29%

Classified Loans

82,199

67,462

59,663

-27%

-12%

Non-performing Assets/Assets

0.61%

0.46%

0.41%

(20)

bps

(5)

bps

NPAs/(Loans + OREO)

0.88%

0.67%

0.59%

(29)

bps

(8)

bps

Classified Assets/Total Assets

0.69%

0.50%

0.43%

(26)

bps

(7)

bps

(Past Dues & Nonaccruals)/Loans

0.80%

0.55%

0.68%

(12)

bps

Provision For Loan Losses

4,621

4,022

4,021

-13%

Net Charge-Offs/(Recoveries)

1,366

2,131

1,538

13%

-28%

Provision Less Net Charge-Offs

3,255

1,891

2,483

-24%

31%

Net Charge-Offs/Average Loans

0.07%

0.09%

0.06%

(1)

bps

(3)

bps

Allowance For Loan Losses/Loans

0.81%

0.79%

(2)

bps

(0)

bps

Allowance For Credit Losses/Loans

0.95%

0.92%

0.91%

(4)

bps

(1)

bps

% or Basis Point Change

Year/Year

Qtr/Qtr

For Quarter Ended:

Appendix

Asset Quality Portfolio Trends

($thousands)

Non-accruals

270,428

195,680

169,686

-37%

-13%

OREO & Foreclosed

99,173

63,386

53,947

-46%

-15%

90+ Days Past Due

2,194

190

1,708

-22%

798%

Non-performing Assets

371,795

259,256

225,341

-39%

-13%

NPAs/Assets

2.78%

1.67%

1.43%

(135)

bps

(24)

bps

NPAs/(Loans + OREO)

3.88%

2.32%

1.96%

(192)

bps

(36)

bps

LLR/Loans

1.51%

1.21%

1.14%

(37)

bps

(8)

bps

ACL/Loans

1.62%

1.32%

1.24%

(38)

bps

(8)

bps

Net Charge-Offs/Loans

0.06%

0.08%

0.06%

bps

(2)

bps

Past Dues:

30-89 Days Past Due

40,918

17,508

51,141

25%

192%

90+ days Past Due

2,194

190

1,708

-22%

798%

Non-accual Loans

270,428

195,680

169,686

-37%

-13%

Total 30+ Past Dues

313,540

213,378

222,535

-29%

% Loans

3.30%

1.93%

1.95%

(136)

bps

3Q14

Total Portfolio

% or Basis Point Change

4Q14

Year/Year

Qtr/Qtr

4Q13

Appendix

Expected Quarterly Re-pricing Schedule

$ in millions

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

Excludes FDIC loans and receivable, non-accrual loans and market value adjustments

1Q15

2Q15

3Q15

4Q15

1Q16

Cash Equivalents

Balance

356.2

Rate

0.82%

0.00%

Investments

Balance

68.5

78.5

76.7

76.4

59.6

Rate

2.97%

2.92%

3.06%

3.14%

2.96%

Fixed Rate Loans

Balance

347.7

317.9

321.1

296.8

282.0

Rate

4.97%

5.01%

4.92%

4.91%

Variable Rate Loans

Balance

5,241.7

60.4

48.5

44.2

19.6

Rate

3.24%

2.82%

3.77%

3.47%

3.33%

Held for Sale Loans

Balance

140.1

Rate

4.33%

0.00%

Time Deposits

Balance

674.6

362.4

320.7

264.8

105.9

Rate

0.42%

0.64%

0.74%

0.70%

1.07%

Repos/ST Debt

Balance

522.7

290.0

20.0

10.0

Rate

0.15%

0.20%

0.27%

0.29%

0.00%

Borrowed Funds

Balance

122.3

10.5

3.7

2.3

Rate

3.24%

3.49%

3.94%

3.69%

3.73%

Appendix

Interest Rate Risk Simulation

Source: Bancware model, as of December 31, 2014

* 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

-4.2%

-2.0%

0.0%

4.5%

9.1%

1.3%

1.1%

Economic

Value of

Equity

-7.1%

-12.2%

0.0%

8.6%

15.3%

-0.2%

Florida Bank Group, Inc.

Appendix

•

Announced October 3, 2014

•

In market and new-market acquisition of a Florida-based

commercial bank based in Tampa, Florida

•

Adds

branches

Florida

–

eight

offices

Tampa,

three

Jacksonville, one in Sarasota and one in Tallahassee

As of December 31, 2014:

•

Total Loans:

$319 million

•

Total Assets:

$571 million

•

Total Deposits:

$404 million

•

Total Equity:

$80 million common stock and $25

million in convertible preferred equity

•

Combination cash and common stock with aggregate cash

consideration not to exceed 50% of total consideration

•

$7.81 in cash per Florida Bank Group common share, and

•

Fixed exchange ratio of 0.149 of a share of IBKC common

stock for each Florida Bank Group share within price collars

and

floating

exchange

ratios

outside

the

collars

(1)

•

$87 million

(1)

for common stock outstanding based on IBKC

closing price of $62.61 on October 2, 2014

•

$17.14

per

Florida

Bank

Group

outstanding

(1)

•

$3.5 million in cash liquidation value of options

•

Neutral to 2015 EPS and accretive thereafter

•

Slightly dilutive to TVBS (less than 1%)

•

IRR in excess of 20%

Shareholders’

With All Other

Equity

Adjustments

(2)

Price / Total Book:

142%

126%

Price / Tangible Book:

142%

126%

(1)

the

weighted

average

trading

price

IBERIABANK

common

stock

were

below

$56.79

per

share,

exceed

$76.83 per share, over a specified period, the value of the common stock portion of the transaction would become

fixed and the exchange ratio would float

(2)

Assumes the impact of cash liquidation for options, reversal of $23.4 million of deferred tax asset valuation

allowance, credit loss assumptions, interest rate adjustments and fair value marks to facilities

IBKC

Florida Bank Group

•

Announced October 27, 2014

•

New-market acquisition of an Orlando, Florida-based

commercial bank

•

Adds

offices

Florida

–

offices

Orlando

and

two

offices north of Tampa

As of December 31, 2014:

•

Total Loans:

$1.1 billion

•

Total Assets:

$1.4 billion

•

Total Deposits:

$1.2 billion

•

Total

Equity:

$160

million

total

shareholders’

equity

•

Tax-free, stock-for-stock exchange

•

Fixed exchange ratio of 0.34 share of IBKC common stock for

each Old Florida Bancshares, Inc. share within collars and

floating

exchange

ratios

outside

collars

(1)

•

$21.80

per

Old

Florida

common

outstanding

(2)

•

Estimated $21 million in cash liquidation value of all options

outstanding

(3)

•

Approximately 2% accretive to EPS in 2016 and 3% accretive

in 2017

•

TBVS dilution of approximately 2% at consummation

•

TBVS breakeven in less than four years

•

IRR in excess of 20%

Old Florida

Bancshares, Inc.

Shareholders’

Aggregate Value

Equity

(2)

Including Options

(3)

Appendix

Price

Total

Book:

163%

178%

Price

Tangible

Book:

170%

185%

Notes:

(1)

The agreement provides for a fixed exchange ratio with pricing collars that fix the value received by Old Florida’s shareholders if the

weighted average trading price of IBERIABANK Corporation’s common stock were to decline below $57.31 per share, or exceed $70.05 per

share, over a specified period

(2)

Assumes common and preferred converted shares and no exercise of options outstanding

(3)

Assumes all stock options outstanding are cashed out at consummation

•

$238

million

for

total

equity

(2)

outstanding

based

IBKC’s

closing price of $64.13 on October 23,2014

Georgia Commerce

Bancshares, Inc.

•

Announced December 8, 2014

•

New market acquisition of a Georgia-based commercial

bank headquartered in Atlanta, Georgia

•

Adds

nine

branches

Georgia

–

all

offices

are

the

Atlanta, MSA

As of December 31, 2014:

•

Total Loans:

$746 million

•

Total Assets:

$1,020 million

•

Total Deposits:

$858 million

•

Total Equity:

$104 million common stock

•

Tax-free, stock-for-stock exchange

•

Fixed exchange ratio of 0.6134 share of IBKC common

stock for each Georgia Commerce Bancshares, Inc. share

within collars and floating exchange ratios outside of

collars

(1)

•

$189 million for total equity

(2)

outstanding based on IBKC’s

closing price of $65.21 on December 5, 2014

•

$40.00 per Georgia Commerce common share

outstanding

(2)

•

Estimated $6 million in cash liquidation value of all options

outstanding

(3)

•

Approximately 1.6% accretive to EPS in 2016 and 5%

accretive in 2017

•

TBVS dilution of approximately 1.8% at consummation

•

TBVS breakeven in approximately three and one-half years

•

IRR in excess of 20%

Shareholders’

Aggregate Value

Equity

(2)

Including Options

(3)

•

Price / Total Book:

181%

186%

•

Price / Tangible Book:

196%

202%

(1)

The agreement provides for a fixed exchange ratio with pricing collars that fix the value received by Georgia

Commerce’s shareholders if the weighted average trading price of IBERIABANK Corporation’s common stock were

to decline below $58.69 per share, or exceed $71.73 per share, over a specified period.

(2)

Assumes common shares and full exercise of outstanding warrants. No exercise of stock options outstanding.

(3)

Assumes all stock options outstanding are cashed out at consummation.

Appendix

Georgia Commerce