IberiaBank Corp. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company's net interest income was $103,438,000 against $99,990,000 a year ago. Net interest income after provision for loan losses was $98,738,000 against $95,124,000 a year ago. Income before income taxes was $34,779,000 against $32,037,000 a year ago. Net income was $25,604,000 against $23,208,000 a year ago. Diluted earnings available to common shareholders were $25,148,000 against $22,780,000 a year ago. Basic and diluted earnings per share available to common shareholders were $0.86 against $0.79 a year ago. Earnings per share, diluted, excluding non-operating expenses (Non-GAAP) were $0.87 against $0.80 a year ago. Book value per share was $51.40 as on December 31, 2013 against $51.88 as on December 31, 2012. Tangible book value per share was $37.17 as on December 31, 2013 against $37.34 as on December 31, 2012. Return on average assets was 0.77% against 0.73% a year ago. Return on average common equity was 6.62% against 6.02% a year ago. Return on average tangible common equity was 9.43% against 8.62% a year ago. Net interest income (Non-GAAP) was $105,709,000 against $99,773,000 a year ago. Operating earnings (Non-GAAP) was $25,753,000 or $0.87 per diluted share against $23,476,000 or $0.80 per diluted share a year ago.

For the year, the company's net interest income was $390,244,000 against $381,750,000 a year ago. Net interest income after provision for loan losses was $385,099,000 against $361,079,000 a year ago. Income before income taxes was $80,972,000 against $104,891,000 a year ago. Net income was $65,103,000 against $76,395,000 a year ago. Diluted earnings available to common Shareholders were $63,894,000 against $74,962,000 a year ago. Diluted earnings per share available to common shareholders were $2.20 against $2.59 a year ago. Operating earnings (Non-GAAP) was $92,538,000 or $3.12 per diluted share against $81,621,000 or $2.74 per diluted share a year ago.

In the fourth quarter of 2013, the company recorded net charge-offs of $1.4 million, or 0.06% of average loans on an annualized basis and a provision for loan losses of $4.7 million, up $2.7 million, or 133% compared to the third quarter of 2013.