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 in59 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
