IBERIABANK CORP (IBKC) [Rocket]

In millions, except per share items	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans	1,177.5	1,100.1	812.9	667.2	607.0	526.7	488.9	513.9
Interest income on investments	125.8	117.8	96.2	59.2	53.2	44.7	38.2	41.3
	1,310.0	1,221.6	913.8	716.9	646.9	504.8	437.2	445.2
Interest expense:
Interest on deposits	267.2	161.0	79.8
	320.4	208.4	104.9	67.7	59.1	44.7	47.0	63.5
Net interest income	989.6	1,013.2	808.8	649.2	587.8	460.1	390.2	381.8
Provision for loan losses	41.7	40.4	51.7	41.5	30.9	19.1	5.1	20.7
Net interest income after provision for loan losses	948.0	972.9	757.1	607.7	556.9	441.1	385.1	361.1
Deposit and loan fees					42.2	35.6	28.9	26.9
Credit and debit card fees					10.7
Other non-interest income	234.4	152.6	202.1	227.7	167.5
Total non-interest income	234.4	152.6	202.1	227.7	220.4	173.6	169.0	176.0
Non-interest expenses	682.8	722.9	666.4	563.5	570.3	473.6	472.8	432.2
Pre-tax income before non-recurring items	498.6	352.6	292.7	274.0	208.5	141.1	119.2	107.8
Non-recurring items	-1.0	-49.9	-0.1	2.0	1.6		37.9	2.9
Pre-tax income	499.6	402.5	292.9	272.0	206.9	141.1	81.3	104.9
Income taxes	115.4	32.3	150.5	85.2	64.1	35.7	16.1	28.5
Tax rate	23.1%	8.0%	51.4%	31.3%	31.0%	25.3%	19.9%	27.2%
Net income	368.0	357.6	132.1	176.9	141.2	103.7	63.9	75.0
Net margin	31.1%	31.8%	13.8%	21.2%	18.2%	16.9%	11.5%	14.0%

Basic EPS	$6.97	$6.50	$2.61	$4.32	$3.69	$3.31	$2.20	$2.59
Diluted EPS	$6.92	$6.46	$2.59	$4.30	$3.68	$3.30	$2.20	$2.59

Shares outstanding (basic)	52.8	55.0	50.6	40.9	38.2	31.3	29.1	28.9
Shares outstanding (diluted)	53.2	55.4	51.0	41.1	38.3	31.4	29.1	29.0

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.