2.5 star ratingAverage User Rating:
2.5 star rating based on 3 reviews.

Iberiabank

Iberiabank Locations
200 West Congress Street
Lafayette, LA 70501
(800) 968-0801
www.iberiabank.com

Iberiabank is headquartered in Lafayette and is the 2nd largest bank in the state of Louisiana. It is also the 96th largest bank in the nation. It was established in 1887 and as of March of 2012, it had grown to 1,696 employees at 187 locations. Iberiabank has a 5-star health rating.

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Data for Q1 2012


Institution Statistics


Iberiabank
FDIC Certificate #28100
BankRate ReportView
Year Established1887
Employees1696
Primary RegulatorFED

Assets and Liabilities

Assets$11.70 billion
Loans$7.43 billion
Deposits$9.55 billion
Equity Capital$1.43 billion
Loan Loss Allowance$177.19 million
Unbacked Noncurrent Loans$98.31 million
Real Estate Owned$35.34 million

Historic Data - March 2011

Assets$9.87 billion
Equity Capital$1.13 billion
Loan Loss Allowance$149.12 million
Unbacked Noncurrent Loans$89.03 million
Real Estate Owned$17.02 million

Profit Margin - Quarterly

Net Interest Margin3.79%
Return on Assets0.87%
Return on Equity7.19%
Interest Income$109.14 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Iberiabank had $133.65 million in non-current loans and owned real-estate with $1.61 billion in equity and loan loss allowances on hand to cover it. This gives Iberiabank a Texas Ratio of 8.32% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Iberiabank held steady from 8.32% as of March 31, 2011 to 8.32% as of March 31, 2012, resulting in a positive change of 0.02%.This indicates that the balance sheet and financial strength for Iberiabank has held steady in recent periods.
Deposit Growth5
In the past year, Iberiabank has increased its total deposits by $1.47 billion, resulting in 18.24% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Iberiabank has shown is excellent.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Iberiabank has $11.7 billion in assets with $1.61 billion in equity, resulting in a capitalization level of 13.72%, which is excellent.
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Horrible Service At Little Rock Hieghts Branch
1 stars - TheTruth - Monday, October 10, 2011 - 4:23 PM

Have been banking with Iberia for almost 2 decades and never had a problem. However the staff at the R Street location in the Heights section of Little Rock, Arkansas is absent of customer service and seems to enjoy hassling customers. I am shopping for a new bank even though the other branches do a good job.

4

Palm Springs FL Branch
5 stars - jd178 - Thursday, May 3, 2012 - 9:31 PM

This branch is operated by some of the nicest women I've met in banking!  Iberia doesn't have some of the fancier looking web designs for their online banking, but they have made up for it in service.

 

Thank you Des, Jodi and Aida! 

 

Always a pleasure doing my banking with Iberia.

 

jd178

3

Horrible Customer Service
1 stars - laffelott - Tuesday, April 24, 2012 - 6:46 PM

It wasn't always bad.  But now I feel I should discourage everyone from using IberiaBank. I rarely walk out of my branch without grinding my teeth (Carrollton - New Orleans).  I'm not sure why the tellers are so mad and disgruntled.  I'm sure they have a hard job, but who doesn't.  At least fake a smile and maybe get off your cell phone while counting my money!!

3
 
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