IberiaBank Corp. announced the naming of H. Spurgeon Mackie, Jr. as Executive Vice President and Chief Credit Officer. Mackie joined the Company in 2010 as Executive Credit Officer. Gregg Strader, former Chief Credit Officer, has chosen to depart from IBERIABANK to spend more time with his family in North Carolina.

IberiaBank Corp. will close or combine nine branches in 2013, although the locations of those offices have not been announced. closures follow four branch closures that IberiaBank made during the first quarter.

IberiaBank Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, net interest income was $92,871,000 against $91,861,000 for the same period a year ago. Loss before income taxes was $4,159,000 against $26,527,000 for the same period a year ago. Net income was $717,000 or $0.02 diluted earnings per share against $19,393,000 or $0.66 diluted earnings per share for the same period a year ago. Book value per common share was $51.33 against $50.67 for the same period a year ago. Tangible book value per common share was $36.93 against $37.23 for the same period a year ago. Return on average assets was 0.02% against 0.67% for the same period a year ago. Return on average common equity was 0.19% against 5.21% for the same period a year ago. Net interest income non-GAAP was $95,335,000 against $94,233,000 for the same period a year ago. Revenue non-GAAP was $140,332,000 against $132,141,000 for the same period a year ago. Operating return on average tangible common equity (Non-GAAP) was 9.59% against 6.90% for the same period a year ago. Operating earnings non-GAAP was $21,771,000 or $0.74 per share against $18,160,000 or $0.62 per share for the same period a year ago. Revenue was $1.255 million, but up only 1% on the linked quarter basis versus $1.2 million. The company provided earnings guidance for the second quarter, third quarter, and fourth quarter ended June 30, 2013, September 30, 2013 and December 31, 2013 respectively. For the second quarter, expected pre-tax amount was $4,265,000, after-tax amount was $2,772,000 and $0.09 per share. For the third quarter, expected pre-tax amount was $3,757,000, after-tax amount was $2,442,000 and $0.08 per share. For the fourth quarter, expected pre-tax amount was $3,158,000, after-tax amount was $2,053,000 and $0.07 per share. The company expects the tax rate to revert to the more historical norms in future quarters. The company provided earnings guidance for the first quarter ended March 31, 2014. For the quarter, expected pre-tax amount was $2,723,000, after-tax amount was $1,770,000 and $0.06 per share. For the first quarter of 2012, the company reported net charge-offs totaled $1.2 million or an annualized 0.06% of average loans.