LAFAYETTE, La., March 2, 2012 /PRNewswire/ -- IBERIABANK
Corporation (NASDAQ: IBKC), the parent holding company of
IBERIABANK (www.iberiabank.com), announced today that it filed a
shelf registration statement on Form S-3 with the Securities and
Exchange Commission ("SEC"). Under SEC regulations, this
registration will permit the Company, from time to time, to offer
and sell an unspecified amount of securities. Under SEC
regulations, the shelf registration statement is effective for
three years and became effective immediately upon filing. The
filing today replaces the Company's previous shelf registration
statement that was to expire later this year.
Daryl G. Byrd, President and
Chief Executive Officer of the Company, stated, "Although we have
no current plans to issue any securities at this time, it is our
longstanding practice to maintain an effective and up-to-date shelf
registration statement to ensure flexibility should the need
arise."
At December 31, 2011, IBERIABANK
Corporation had total assets of $11.8
billion, shareholders' equity of $1.5
billion, and a tangible common equity ratio of 9.52%. The
Company's common stock trades on the NASDAQ Global Select Market
under the symbol "IBKC."
IBERIABANK Corporation is a bank holding company headquartered
in Lafayette, Louisiana. The
Company has 263 combined offices, including 173 bank branch offices
in Louisiana, Arkansas, Tennessee, Alabama, Texas, and Florida, 24 title insurance offices in
Arkansas and Louisiana, and mortgage representatives
in 59 locations in 12 states. The Company has six
locations with representatives of IBERIA Wealth Advisors in four states, and one
office of IBERIA Capital Partners,
L.L.C.
This press release is neither an offer to purchase nor a
solicitation to buy any securities of the Company. A
prospectus supplement will describe the terms of any particular
offering made under the shelf registration statement.
Forward Looking Statements
To the extent that statements in this press release
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" or similar
expressions. IBERIABANK Corporation's actual strategies and results
in future periods may differ materially from those currently
expected due to various risks and uncertainties.
Actual results could differ materially because of factors
such as the current level of market volatility and our ability to
execute our growth strategy, including the availability of future
FDIC-assisted failed bank opportunities, unanticipated losses
related to the integration of, and accounting for, acquired
businesses and assets and assumed liabilities in FDIC-assisted
transactions, adjustments of fair values of acquired assets and
assumed liabilities and of deferred taxes in FDIC-assisted
acquisitions, credit risk of our customers, effects of the on-going
correction in residential real estate prices and reduced levels of
home sales, sufficiency of our allowance for loan losses, changes
in interest rates, access to funding sources, reliance on the
services of executive management, competition for loans, deposits
and investment dollars, reputational risk and social factors,
changes in government regulations and legislation, increases in
FDIC insurance assessments, geographic concentration of our markets
and economic conditions in these markets, rapid changes in the
financial services industry, dependence on our operational,
technological, and organizational infrastructure, hurricanes and
other adverse weather events, the volatility and low trading volume
of our common stock, and valuation of intangible assets.
These and other factors that may cause actual results to differ
materially from these forward-looking statements are discussed in
the Company's Annual Report on Form 10-K and other filings with the
Securities and Exchange Commission (the "SEC"), available at the
SEC's website, http://www.sec.gov, and the Company's
website, http://www.iberiabank.com, under the heading
"Investor Information." All information in this release is as
of the date of this release. The Company undertakes no duty
to update any forward-looking statement to conform the statement to
actual results or changes in the Company's expectations.
SOURCE IBERIABANK Corporation