Business Segments (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following tables present certain information regarding operations by reportable segment, including a reconciliation of segment results to reported consolidated results for the periods presented. Reconciling items between segment results and reported results include:

• Elimination of interest income and interest expense representing interest earned by IBERIABANK on interest-bearing checking accounts held by related companies, as well as the elimination of the related deposit balances at the IBERIABANK segment;

• Elimination of investment in subsidiary balances on certain operating segments included in total and average segment assets; and

• Elimination of intercompany due to and due from balances on certain operating segments that are included in total and average segment assets.

	Three Months Ended September 30, 2019
(in thousands)	IBERIABANK			Mortgage		LTC			Consolidated
Interest and dividend income	$	330,896		$	2,282	$	—		$	333,178
Interest expense	83,845			—		—			83,845
Net interest income	247,051			2,282		—			249,333
Provision for (reversal of) credit losses	8,974			12		—			8,986
Mortgage income	—			17,432		—			17,432
Title revenue	—			—		7,170			7,170
Other non-interest income (expense)	35,881			3,194		(3		)	39,072
Allocated expenses (income)	(4,068		)	2,991		1,077			—
Non-interest expense	152,988			14,676		4,998			172,662
Income before income tax expense	125,038			5,229		1,092			131,359
Income tax expense	29,938			1,282		289			31,509
Net income	$	95,100		$	3,947	$	803		$	99,850
Total loans, leases, and loans held for sale, net of unearned income	$	23,650,057		$	281,756	$	—		$	23,931,813
Total assets	31,386,350			320,994		27,254			31,734,598
Total deposits	24,946,708			30,577		—			24,977,285
Average assets	31,256,216			271,817		26,258			31,554,291

	Three Months Ended September 30, 2018
(in thousands)	IBERIABANK			Mortgage			LTC		Consolidated
Interest and dividend income	$	315,467		$	1,599		$	1	$	317,067
Interest expense	57,842			—			—		57,842
Net interest income	257,625			1,599			1		259,225
Provision for (reversal of) credit losses	11,386			(2		)	—		11,384
Mortgage income	—			12,729			—		12,729
Title revenue	—			—			6,280		6,280
Other non-interest income (expense)	33,594			(16		)	500		34,078
Allocated expenses (income)	(3,691		)	2,680			1,011		—
Non-interest expense	154,000			10,223			4,839		169,062
Income before income tax expense	129,524			1,411			931		131,866
Income tax expense	29,765			386			250		30,401
Net income	$	99,759		$	1,025		$	681	$	101,465
Total loans, leases, and loans held for sale, net of unearned income	$	22,302,679		$	84,203		$	—	$	22,386,882
Total assets	29,974,065			119,322			25,000		30,118,387
Total deposits	23,179,549			13,897			—		23,193,446
Average assets	29,863,742			158,464			24,025		30,046,231

	Nine Months Ended September 30, 2019
(in thousands)	IBERIABANK			Mortgage			LTC			Consolidated
Interest and dividend income	$	989,595		$	5,633		$	1		$	995,229
Interest expense	240,073			—			—			240,073
Net interest income	749,522			5,633			1			755,156
Provision for (reversal of) credit losses	33,539			(35		)	—			33,504
Mortgage income	—			47,725			—			47,725
Title revenue	—			—			19,290			19,290
Other non-interest income (expense)	104,840			3,172			(19		)	107,993
Allocated expenses (income)	(10,515		)	7,741			2,774			—
Non-interest expense	447,882			38,807			14,344			501,033
Income before income tax expense	383,456			10,017			2,154			395,627
Income tax expense	91,047			2,425			576			94,048
Net income	$	292,409		$	7,592		$	1,578		$	301,579
Total loans, leases, and loans held for sale, net of unearned income	$	23,650,057		$	281,756		$	—		$	23,931,813
Total assets	31,386,350			320,994			27,254			31,734,598
Total deposits	24,946,708			30,577			—			24,977,285
Average assets	30,981,906			215,306			25,299			31,222,511

	Nine Months Ended September 30, 2018
(in thousands)	IBERIABANK			Mortgage			LTC			Consolidated
Interest and dividend income	$	886,629		$	4,802		$	2		$	891,433
Interest expense	143,206			—			—			143,206
Net interest income	743,423			4,802			2			748,227
Provision for (reversal of) credit losses	27,316			(26		)	—			27,290
Mortgage income	—			36,045			—			36,045
Title revenue	—			—			18,153			18,153
Other non-interest income (expense)	96,981			(83		)	497			97,395
Allocated expenses (income)	(9,043		)	6,714			2,329			—
Non-interest expense	505,423			34,105			14,382			553,910
Income (loss) before income tax expense	316,708			(29		)	1,941			318,620
Income tax expense (benefit)	78,516			(7		)	(99		)	78,410
Net income (loss)	$	238,192		$	(22	)	$	2,040		$	240,210
Total loans, leases, and loans held for sale, net of unearned income	$	22,302,679		$	84,203		$	—		$	22,386,882
Total assets	29,974,065			119,322			25,000			30,118,387
Total deposits	23,179,549			13,897			—			23,193,446
Average assets	29,136,369			164,039			23,037			29,323,445