| Business Summary | | IBERIABANK
Corporation,
formerly
ISB
Financial
Corporation,
is
the
bank
holding
company
for
IBERIABANK
(the
Bank).
The
Company
is
primarily
engaged
in
attracting
deposits
from
the
general
public
and
using
those
funds
to
originate
loans.
The
Company's
emphasis
is
on
the
origination
of
consumer,
commercial
real
estate
and
commercial
business
loans.
Consumer
loans
consist
of
home
equity
loans,
home
equity
lines
of
credit,
automobile
loans,
indirect
automobile
loans,
loans
secured
by
deposit
accounts
and
other
consumer
loans.
Commercial
loans
consist
of
commercial
real
estate
loans
and
commercial
business
loans.
The
Company
also
originates
loans
for
the
purpose
of
constructing
residential
one-
to
four-family
units.
The
Bank
offers
discount
brokerage
services
through
its
wholly
owned
subsidiary,
Iberia
Financial
Services.
Brokerage
services
are
provided
through
Invest. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IBKC,
a
bank
holding
company
for
IBERIABANK,
operates
full
service
offices
in
south
central
LA
(25),
northeastern
LA
(10),
and
the
greater
New
Orleans
area
(8).
For
the
six
months
ended
6/30/01,
total
interest
income
rose
2%
to
$51.6
million.
Net
interest
income
after
loan
loss
prov.
rose
2%
to
$24.7
million.
Net
inc.
rose
17%
to
$7.1
million.
Net
interest
income
reflects
higher
loans
and
fees,
and
lower
interest
expenses
Earnings
reflect
higher
non-interest
revenue. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| William Fenstermaker, 51 Chairman | -- | Larrey Mouton, 58 CEO,
Director | $307K | Daryl Byrd, 45 Pres,
Director | 727K | Barry Mulroy, 53 Exec.
VP, CAO | -- | Donald Lee, 40 Exec.
VP, Sec. | 195K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|