Foundations IberiaBank

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former iberiabank logo, used officially until 2007


in 1999, former bank 1 executive daryl byrd took on ceo, ushering in period of rapid growth bank. new name iberiabank corporation, company grow acquire 24 banks since 2001.


when hurricane katrina hit gulf coast in 2005, iberiabank incurred hurricane-related expenses including loan losses associated storm, facility repairs , insurance deductible payments. being bank solely based in louisiana, organization decided diversify geographic footprint in years following storm minimize risk. bank expanded beyond louisiana first time in 2007 purchase of arkansas –based pulaski bank , trust.


spring of 2008 began period of rapid growth fueled accumulating assets of failed banks in aftermath of global financial crisis. began assumption of insured deposits arkansas-based anb financial, third fdic-insured bank fail in 2008. following year, iberiabank assumed assets , branches of birmingham-based capitalsouth, orion bank of florida, , century bank of florida. fifth , final fdic-assisted transaction occurred late 2009 purchase of east florida’s sterling bank.








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