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Slide #100. IBERIABANK — Certain assets and assumption of certain liabilities associated with the Memphis, Tennessee, operations of Trust One Bank
Acquirer:
IBERIABANK (IBKC)
Acquiree:
Certain assets and assumption of certain liabilities associated with the Memphis, Tennessee, operations of Trust One Bank
Details:
IBERIABANK Corporation (NASDAQ: IBKC) ("IBERIABANK"), holding company of the 126-year-old IBERIABANK (www.iberiabank.com), announced today the completion of the acquisition of certain assets and assumption of certain liabilities associated with the Memphis, Tennessee, operations of Trust One Bank, a division of Synovus Bank. The transaction was first announced on September 6, 2013 and subsequently received regulatory approval from the Federal Reserve on October 22, 2013.
IBERIABANK is a financial holding company. Co. is the holding company for IBERIABANK, a banking corporation; Lenders Title Company, which provides a line of title insurance and closing services throughout Arkansas, Tennessee, and Louisiana; IBERIA Capital Partners, LLC, which provides equity research, institutional sales and trading, and corporate finance services throughout the energy industry; 1887 Leasing, LLC, a holding company for Co.'s aircraft, IBERIA Asset Management, Inc., which provides wealth management and trust advisory services to individuals, pension funds, corporations and trusts; and IBERIA CDE, LLC, which invests in purchased tax credits.
Preferred: IBKCP
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