ANB Financial fails, taken over by Iberiabank unit

WASHINGTON, May 9 (Reuters) - ANB Financial, a small Arkansas bank, failed and its deposits were taken over by Pulaski Bank and Trust, a unit of Iberiabank Corp (IBKC.O: Quote, Profile, Research), the Federal Deposit Insurance Corp. said on Friday.

The failed bank's nine offices will reopen Monday as branches of Pulaski and depositors will automatically become depositors of Pulaski, the FDIC said in a statement.

As of Jan. 31, 2008, ANB Financial had about $2.1 billion in assets and $1.8 billion in total deposits, the agency said. (Reporting by John Poirier; editing by Carol Bishopric)