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When Iberiabank lowered the amount of money it expects to receive in FDIC loss-sharing, it meant some credits are performing better than expected — and that some losses might show up after the FDIC agreement runs out.
April 15 -
Iberiabank (IBKC) in Lafayette, La., eked out a profit in the first quarter despite a series of large charges. The $12.9 billion-asset company earned $697,000, compared with $19.4 million a year earlier.
April 26 -
Iberiabank (IBKC) in Lafayette, La., has uncovered an accounting error that forced it to restate nearly three years of financial data.
March 1
Iberiabank Corp. (IBKC) in Lafayette, La., has named a new chief credit officer.
H. Spurgeon Mackie succeeds Gregg Strader, who departed the $13 billion-asset company to spend time with his family, it said Tuesday. Mackie had been Iberiabank's executive credit officer since joining the company in 2010.
Mackie is a veteran banker who spent 32 years with Wachovia Bank and its predecessor bank, First Union Bank, in a variety of roles, including chief risk officer and chief credit officer for interstate banking.
Mackie "is the perfect candidate for the role based on his industry experience and the success he has had with our company," said Daryl Byrd, Iberiabank's president and chief executive, in the news release. "We are confident that, with his leadership, he will continue to deliver the high-quality credit results we have historically achieved."
Iberiabank
In March, Iberiabank said an
