Capital Requirements and Other Regulatory Matters

12 Months Ended

Dec. 31, 2014

Banking and Thrift [Abstract]

Capital Requirements and Other Regulatory Matters

NOTE 19 – CAPITAL REQUIREMENTS AND OTHER REGULATORY MATTERS

The Company and IBERIABANK are subject to various regulatory capital requirements administered by the federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and IBERIABANK, as applicable, must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors.

Quantitative measures established by regulation to ensure capital adequacy require the Company and IBERIABANK to maintain minimum amounts and ratios of total and Tier 1 capital to risk-weighted assets and of Tier 1 capital to average assets. Management believes, as of December 31, 2014 and 2013, that the Company and IBERIABANK met all capital adequacy requirements to which they are subject.

As of December 31, 2014, the most recent notification from the FDIC categorized IBERIABANK as well capitalized under the regulatory framework for prompt corrective action (the prompt corrective action requirements are not applicable to the Company). To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based and Tier 1 leverage ratios as set forth in the following table. There are no conditions or events since the notification that management believes have changed that categorization. The Company’s and IBERIABANK’s actual capital amounts and ratios as of December 31 are presented in the following table.

(Dollars in thousands)	2014
	Minimum					Well Capitalized					Actual
	Amount		Ratio			Amount		Ratio			Amount		Ratio
Tier 1 Leverage
Consolidated	$	602,387		4.00	%	$	N/A		N/A	%	$	1,408,842		9.36	%
IBERIABANK		600,149		4.00			750,186		5.00			1,266,241		8.44
Tier 1 risk-based capital
Consolidated	$	504,114		4.00	%	$	N/A		N/A	%	$	1,408,842		11.18	%
IBERIABANK		502,421		4.00			753,631		6.00			1,266,241		10.08
Total risk-based capital
Consolidated	$	1,008,227		8.00	%	$	N/A		N/A	%	$	1,550,789		12.31	%
IBERIABANK		1,004,841		8.00			1,256,052		10.00			1,408,188		11.21
	2013
	Minimum					Well Capitalized					Actual
	Amount		Ratio			Amount		Ratio			Amount		Ratio
Tier 1 Leverage
Consolidated	$	507,760		4.00	%	$	N/A		N/A	%	$	1,231,886		9.70	%
IBERIABANK		505,723		4.00			632,154		5.00			1,069,783		8.46
Tier 1 risk-based capital
Consolidated	$	426,002		4.00	%	$	N/A		N/A	%	$	1,231,886		11.57	%
IBERIABANK		424,578		4.00			636,868		6.00			1,069,783		10.08
Total risk-based capital
Consolidated	$	852,005		8.00	%	$	N/A		N/A	%	$	1,365,280		12.82	%
IBERIABANK		849,157		8.00			1,061,446		10.00			1,202,738		11.33