Goodbye Pulaski Bank | Arkansas Blog

Friday, April 3, 2009

Goodbye Pulaski Bank

Posted By on Fri, Apr 3, 2009 at 8:31 AM

Hello IBERIABANK fsb. Name change to take place May 4.


LAFAYETTE, LOUISIANA -- IBERIABANK Corporation (NASDAQ:  IBKC) announced it will change the name of Pulaski Bank and Trust Company (, to “IBERIABANK fsb.”  New signage on this subsidiary’s banking facilities and literature will carry the moniker, “IBERIABANK fsb.”  The name change of the bank is expected to be effective on May 4, 2009.

The Company has also decided to change the name of Pulaski Mortgage Company, a subsidiary of Pulaski Bank, to “IBERIABANK Mortgage Company.”

The name changes provide common branding across the Company’s rapidly expanding footprint.  Recent growth opportunities in nine states have been achieved through acquisitions and de novo expansion.  On January 31, 2007, the Company acquired Pulaski Investment Corporation, the holding company for Pulaski Bank and Trust Company, based in Little Rock, Arkansas.  The next day, the Company acquired Pocahontas Bancorp, Inc., the holding company for First Community Bank, based in Jonesboro, Arkansas.  On May 9, 2008, the Company acquired certain assets and assumed certain liabilities of ANB Financial, N.A., based in Bentonville, Arkansas.  The Company has recently recruited commercial banking teams in Baton Rouge, Louisiana, Memphis, Tennessee, Mobile, Alabama, New Orleans, Louisiana, and Houston, Texas.  The Company intends to open full-service offices in Mobile and Houston under the “IBERIABANK fsb” name.
Daryl G. Byrd, President and Chief Executive Officer of the Company commented, “Our assimilation of the three Arkansas-based financial institutions has progressed extremely well.  We have retained and recruited talent and expanded our client relationships as we tripled our distribution system and folded these organizations under the Pulaski name.  As evidence of this favorable assimilation, since the time of the first Arkansas acquisition through year-end 2008, loans grew at this subsidiary by $89 million, or 12%.  Similarly, deposits grew $149 million, or 15%, over this period.”

Byrd continued, “Expanding our Company under the thrift charter also allows us tremendous flexibility to grow quickly and with great ease into new markets. Our expansion opportunities, such as our most recent in Mobile and Houston, the strong brand image of the IBERIABANK name, the benefits of common brand messaging, and continued growth opportunities in the current environment were the primary catalysts for the name changes.  We believe the ‘IBERIABANK fsb’ name will provide clients in those markets a consistent, positive brand message of strength, stability, and local decision-making, while distinguishing the separate corporate and regulatory structures of the two financial institutions. This message is built on a reputation of exceptional service that has been earned by successfully serving clients’ needs for 122 years.”
IBERIABANK Corporation

IBERIABANK Corporation is a multi-bank financial holding company with 150 combined offices in nine states, including 88 bank branch offices in Louisiana, Arkansas, and Tennessee, one loan production office in Alabama, 26 title insurance offices in Arkansas and Louisiana, and mortgage representatives in 35 locations in eight states. The Company’s common stock trades on the NASDAQ Global Select Market under the symbol “IBKC” and the Company’s market capitalization is approximately $780 million, based on the closing stock price on April 2, 2009.

From the ArkTimes store


Comments (6)

Showing 1-6 of 6

Add a comment

Subscribe to this thread:
Showing 1-6 of 6

Add a comment

More by Max Brantley

  • Tax-cut deficits OK. Help for Puerto Rico? Not for French HIll and them

    Vox points out the towering hypocrisy in the vote by 69 Republican members of the U.S. House, including Rep. French Hill of Little Rock, against a disaster aid package for Puerto Rico and other parts of the U.S.
    • Oct 17, 2017
  • Governor to talk about health care, highway funding

    Gov. Asa Hutchinson will entertain media questions at a 9:30 a.m. session today that is said to cover health care and highway funding. Questions need to be asked about impact on people, not just the state budget, from recent insurance premium increeases and Donald Trump's cut of federal subsidies.
    • Oct 17, 2017
  • State tallies 323 applications to grow or sell medical marijuana

    The state Department of Finance and Administration Department released this evening a tally of total applications to either cultivate (95) or dispense (228) marijuana under the new medical marijuana law.
    • Oct 16, 2017
  • More »

Readers also liked…

  • Judge Griffen: Why black lives matter

    Another few words from Judge Wendell Griffen growing from the controversy over the sale of Black Lives Matter T-shirts at the state black history museum ā€” removed by the administration and restored after protests from Griffen and others stirred by a story in the Arkansas Times:
    • Mar 13, 2016
  • Today in Trump: Obstruction of justice anyone?

    It's the New York Times with the news today. Fired FBI Director James Comey kept notes of his talks with Donald Trump. A memo he wrote in February after a meeting with Trump said the president asked him to shut down the investigation into Michael Flynn, his former national security adviser.
    • May 16, 2017
  • IHOP coming down, but .....

    I always scan the Little Rock City Board for items of interest this week and this one caught my eye: A zoning measure required by a proposal to tear down the IHOP at Markham and University.
    • Apr 30, 2016

Most Shared

Most Viewed

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation