IBERIABANK Announces Birmingham Market President

• Press Release
• Source: IBERIABANK Corporation
• On 12:31 pm EDT, Friday October 23, 2009

BIRMINGHAM, Ala., Oct. 23 /PRNewswire-FirstCall/ -- IBERIABANK (www.iberiabank.com), the 122-year bank subsidiary of IBERIABANK Corporation (Nasdaq: IBKC - News), is pleased to announce the naming of Gregory A. King as Executive Vice President and President of the Birmingham, Alabama market.

King started his career with Highland Bank in Birmingham. He joined AmSouth Bank in 1997 (later bought by Regions Bank) where he served in a number of roles. He worked in the Metropolitan Commercial Banking Group and served as Assistant Relationship Manager and then as Vice President and Commercial Banking Relationship Manager. King moved to Chattanooga, Tennessee, in 2005 as Senior Vice President and Sales Manager for Commercial and Industrial Banking in Southeast Tennessee and North Georgia.

He most recently served as Senior Vice President and Market Manager for Middle Market Commercial and Industrial Banking in North Central Alabama for Regions Bank.

"We are very excited to add Greg to our team," says Michael Brown, COO of IBERIABANK. "Greg is an extremely talented individual who brings great energy, solid credit skills, leadership ability and connectivity to the Birmingham community. We believe this market will bring us great success and we are confident Greg is the perfect leader to take us in that direction."

Brown continued, "Upon the assumption of CapitalSouth Bank, we made a commitment to make a significant investment in Alabama. Our next steps will be to fill out our team in these markets and add branches in targeted locations. We are fortunate to be in a position that allows us to add such resources to meet clients' needs, particularly in a time when so many banks are unable to do so."

King earned a B.S. in Accounting from Birmingham-Southern College and a M.B.A. from The University of Alabama at Birmingham.

Active in the Birmingham community, King currently serves on the Executive Committee and as Treasurer for Pathways. He previously served on the Committee of 25 for Girls, Inc. of Central Alabama, is a member of the Builders Society of the United Way of Central Alabama and an active supporter of the Greater Alabama Council Boy Scouts of America.

King and his wife reside in Mountain Brook, Alabama.

IBERIABANK Corporation is a multi-bank financial holding company with $6.5 billion in assets headquartered in Lafayette, Louisiana. The Company now has a presence in 11 states with 170 combined offices, including 101 bank branch offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, and Florida, 26 title insurance offices in Arkansas and Louisiana, and mortgage representatives in 43 locations. The Company's common stock trades on the NASDAQ Global Select Market under the symbol "IBKC" and the Company's market capitalization of approximately $1 billion, based on the closing stock price on October 22, 2009.

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