Hancock Holding Company					- Add 4 -
Financial Highlights
(amounts in thousands, except per share data and FTE headcount)
(unaudited)
			Three Months Ended
			3/31/2007	12/31/2006	3/31/2006
Per Common Share Data
Earnings per share:
Basic			$0.59	$0.67	$0.68
Diluted			$0.58	$0.65	$0.67
Cash dividends per share			$0.240	$0.240	$0.195
Book value per share (period-end)			$17.27	$17.09	$15.06
Tangible book value per share (period-end)			$15.05	$14.87	$12.85
Weighted average number of shares:
Basic			32,665	32,632	32,393
Diluted			33,299	33,378	33,088
Period-end number of shares			32,518	32,666	32,494
Market data:
High price			$54.09	$56.00	$46.67
Low price			$41.88	$50.85	$37.75
Period end closing price			$43.98	$52.84	$46.52
Trading volume			8,577	6,393	3,990
Other Period-end Data
FTE headcount			1,929	1,848	1,768
Tangible common equity			$489,430	$485,778	$417,684
Tier I capital			$513,229	$510,638	$440,302
Goodwill			$62,277	$62,277	$61,418
Amortizable intangibles			$8,991	$9,414	$8,725
Mortgage servicing intangibles			$829	$941	$1,384
Common shares repurchased for publicly announced plans			228	-	17
Performance Ratios
Return on average assets			1.32%	1.44%	1.49%
Return on average common equity			13.77%	15.54%	18.34%
Earning asset yield (TE)			6.64%	6.54%	6.17%
Total cost of funds			2.60%	2.48%	1.88%
Net interest margin (TE)			4.04%	4.06%	4.30%
Noninterest expense as a percent of total revenue (TE)
before amortization of purchased intangibles, net storm-related gain/(loss)
and securities transactions			61.38%	59.79%	58.29%
Common equity (period-end) as a percent of total assets (period-end)			9.61%	9.36%	7.82%
Leverage (Tier I) ratio			8.80%	8.63%	7.45%
Tangible common equity ratio			8.48%	8.24%	6.75%
Net charge-offs as a percent of average loans			0.18%	0.19%	-0.01%
Allowance for loan losses as a percent of period-end loans			1.41%	1.44%	2.51%
Allowance for loan losses to NPAs + accruing loans 90 days past due			413.60%	694.67%	432.85%
Loan/deposit ratio			65.91%	64.34%	59.00%
Non-interest income excluding net storm-related gain/(loss)
and securities transactions as a percent of
total revenue (TE)			32.48%	33.14%	29.92%
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Hancock Holding Company					- Add 5 -
Financial Highlights
(amounts in thousands)
(unaudited)
			Three Months Ended
			3/31/2007	12/31/2006	3/31/2006
Asset Quality Information
Non-accrual loans			$4,494	$3,500	$8,676
Foreclosed assets			718	681	1,779
Total non-performing assets			$5,212	$4,181	$10,455
Non-performing assets as a percent of loans and foreclosed assets			0.16%	0.13%	0.35%
Accruing loans 90 days past due			$6,035	$2,552	$6,632
Accruing loans 90 days past due as a percent of loans			0.18%	0.08%	0.22%
Non-performing assets + accruing loans 90 days past due
to loans and foreclosed assets			0.34%	0.21%	0.58%
Net charge-offs			$1,465	$1,523	($108)
Net charge-offs as a percent of average loans			0.18%	0.19%	-0.01%
Allowance for loan losses			$46,517	$46,772	$73,961
Allowance for loan losses as a percent of period-end loans			1.41%	1.44%	2.51%
Allowance for loan losses to NPAs + accruing loans 90 days past due			413.60%	694.67%	432.85%
Provision for loan losses			$1,211	($57)	($705)
Allowance for Loan Losses
Beginning Balance			$46,772	$48,352	$74,558
Provision for loan loss			1,211	(57)	(705)
Charge-offs			3,076	4,493	3,922
Recoveries			1,611	2,970	4,030
Net charge-offs			1,465	1,523	(108)
Ending Balance			$46,517	$46,772	$73,961
Net Charge-off Information
Net charge-offs:
Commercial/real estate loans			$168	($137)	($1,769)
Mortgage loans			23	(11)	181
Direct consumer loans			110	493	579
Indirect consumer loans			675	395	653
Finance company loans			489	783	248
Total net charge-offs			$1,465	$1,523	($108)
Average loans:
Commercial/real estate loans			$1,931,966	$1,855,506	$1,674,706
Mortgage loans			426,103	428,674	410,023
Direct consumer loans			485,201	479,087	469,832
Indirect consumer loans			357,008	350,829	351,405
Finance Company loans			92,315	86,965	64,496
Total average loans			$3,292,593	$3,201,061	$2,970,461
Net charge-offs to average loans:
Commercial/real estate loans			0.04%	-0.03%	-0.43%
Mortgage loans			0.02%	-0.01%	0.18%
Direct consumer loans			0.09%	0.41%	0.50%
Indirect consumer loans			0.77%	0.45%	0.75%
Finance Company loans			2.15%	3.57%	1.56%
Total net charge-offs to average loans			0.18%	0.19%	-0.01%
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Hancock Holding Company					- Add 6 -
Financial Highlights
(amounts in thousands)
(unaudited)
			Three Months Ended
			3/31/2007	12/31/2006	3/31/2006
Income Statement
Interest income			$85,708	$87,104	$81,590
Interest income (TE)			88,124	89,366	83,570
Interest expense			34,308	33,966	25,273
Net interest income (TE)			53,816	55,400	58,297
Provision for loan losses			1,211	(57)	(705)
Noninterest income excluding net storm-related gain/(loss)
and securities transactions			25,889	27,460	24,890
Net storm-related gain/(loss)			-	5,084	-
Securities transactions gains/(losses)			213	(5,396)	118
Noninterest expense			49,346	50,042	49,165
Income before income taxes			26,945	30,300	32,865
Income tax expense			7,715	8,538	10,854
Net income			$19,229	$21,762	$22,011
Noninterest Income and Noninterest Expense
Service charges on deposit accounts			$9,190	$9,402	$7,884
Trust fees			3,693	3,624	3,078
Debit card & merchant fees			1,778	1,983	1,709
Insurance fees			4,369	5,346	5,159
Investment & annuity fees			1,978	1,519	1,264
ATM fees			1,324	1,215	1,294
Secondary mortgage market operations			911	945	817
Other income			2,646	3,426	3,684
Noninterest income excluding net storm-related gain/(loss)
and securities transactions			$25,889	$27,460	$24,890
Net storm-related gain/(loss)			-	5,084	-
Securities transactions gains/(losses)			213	(5,396)	118
Total noninterest income including net storm-related gain/(loss)
and securities transactions			$26,101	$27,147	$25,008
Personnel expense			$26,563	$24,092	$26,202
Occupancy expense (net)			4,073	3,335	3,659
Equipment expense			2,272	2,665