Hancock Holding Company																	- Add 9 -
Average Balance and Net Interest Margin Summary
(amounts in thousands)
(unaudited)
			Three Months Ended
			03/31/07					12/31/06					03/31/06
			Interest		Volume		Rate	Interest		Volume		Rate	Interest		Volume		Rate
Average Earning Assets
Commercial & real estate loans (TE)			$35,231		$1,931,966		7.39%	$34,210		$1,855,506		7.32%	$28,637		$1,674,706		6.93%
Mortgage loans			6,509		426,103		6.11%	6,516		428,674		6.08%	5,897		410,023		5.75%
Consumer loans			20,197		934,524		8.76%	19,890		916,881		8.61%	17,473		885,732		8.00%
Loan fees & late charges			443		-		0.00%	1,510		-		0.00%	2,320		-		0.00%
Total loans (TE)			62,380		3,292,593		7.67%	62,126		3,201,061		7.71%	54,327		2,970,461		7.40%
US treasury securities			736		60,480		4.94%	1,081		84,281		5.09%	627		60,086		4.23%
US agency securities			11,755		940,516		5.00%	14,505		1,181,943		4.91%	13,786		1,194,312		4.62%
CMOs			1,104		107,986		4.09%	1,268		124,850		4.06%	1,810		184,276		3.93%
Mortgage backed securities			5,482		444,427		4.93%	5,920		490,990		4.82%	5,519		477,789		4.62%
Municipals (TE)			2,861		198,815		5.76%	2,422		190,739		5.08%	2,729		163,175		6.69%
Other securities			922		78,333		4.71%	968		81,105		4.77%	872		73,320		4.76%
Total securities (TE)			22,861		1,830,557		5.00%	26,165		2,153,908		4.86%	25,342		2,152,958		4.71%
Total short-term investments			2,883		231,558		5.05%	1,075		81,675		5.22%	3,900		335,986		4.71%
Average earning assets yield (TE)			$88,124		$5,354,709		6.64%	$89,366		$5,436,644		6.54%	$83,570		$5,459,405		6.17%
								9.46E-11					-1.1E-10
Interest-bearing Liabilities
Interest-bearing transaction deposits			$4,765		$1,492,405		1.29%	$3,930		$1,495,724		1.04%	$3,266		$1,714,514		0.77%
Time deposits			19,022		1,698,218		4.54%	18,999		1,697,427		4.44%	13,005		1,406,969		3.75%
Public Funds			9,029		820,652		4.46%	8,318		742,063		4.45%	6,750		712,394		3.84%
Total interest bearing deposits			32,816		4,011,274		3.32%	31,247		3,935,214		3.15%	23,021		3,833,877		2.44%
Customer repos			1,830		198,898		3.73%	3,061		298,163		4.07%	1,641		230,725		2.88%
Other borrowings			(338)		6,838		-20.03%	(342)		23,129		-5.87%	611		57,014		4.35%
Total borrowings			1,492		205,737		2.94%	2,719		321,292		3.36%	2,252		287,738		3.17%
Total interest bearing liab cost			$34,308		$4,217,011		3.30%	$33,966		$4,256,506		3.17%	$25,273		$4,121,615		2.49%
Noninterest-bearing deposits					983,973					1,039,846					1,201,186
Other net interest-free funding sources					153,725					140,292					136,604
Total Cost of Funds			$34,308		$5,354,709		2.60%	$33,966		$5,436,644		2.48%	$25,273		$5,459,405		1.88%
Net Interest Spread (TE)			$53,816				3.34%	$55,400				3.38%	$58,297				3.69%
Net Interest Margin (TE)			$53,816		$5,354,709		4.04%	$55,400		$5,436,644		4.06%	$58,297		$5,459,405		4.30%
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