IberiaBank FSB’s Last Call Report Shows $8 Million Net Income
IberiaBank FSB is no more, as you might have heard.
The thrift charter sprang from the combination of Pulaski Bank & Trust and First Community Bank of Jonesboro after they were acquired by IberiaBank Corp. of Lafayette, La., in 2007, and it was merged into the flagship IberiaBank on Jan. 1. In the future, we won’t be able to see what assets and net income are attributable to IberiaBank’s Arkansas operations.
So here’s the bottom line from IberiaBank FSB’s last call report: Net income of $8.27 million on year-end assets of $1.65 billion. That follows a loss of $9.15 million in 2009.