Hancock Holding Company   
 Financial Highlights 
 (amounts in thousands, except per share data and FTE headcount) 
 (unaudited) 
   Three Months Ended    Six Months Ended  
6/30/2005 3/31/2005 6/30/2004 6/30/2005
6/30/2004
Per Common Share Data        
       
Earnings per share:        
    Basic $0.56 $0.48 $0.50 $1.03 $0.94
    Diluted $0.55 $0.47 $0.50 $1.02 $0.92
Cash dividends per share  $0.165 $0.165 $0.125 $0.330
$0.250
Book value per share (period end) $14.87 $14.16 $13.32 $14.87 $13.32
Tangible book value per share (period end) $12.73 $11.99 $11.17 $12.73 $11.17
Weighted average number of shares:        
    Basic         32,396         32,463         32,549         32,429         32,299
    Diluted         32,928         33,019         33,042         32,973         33,023
Period-end number of shares         32,310         32,463         32,538         32,310         32,538
Market data:        
    High closing price $34.87 $34.20 $32.25 $34.87 $32.25
    Low closing price $28.25 $30.25 $25.00 $28.25 $25.00
    Period end closing price  $34.40 $32.50 $29.06 $34.40 $29.06
    Trading volume           3,527          3,286           3,252           6,814          5,998
       
Other Period-end Data        
       
FTE Headcount 1,813 1,766 1,754 1,813 1,754
Tangible common equity $411,203 $389,344 $363,451 $411,203 $363,451
Tier I capital $416,312 $408,163 $381,428 $416,312 $381,428
Goodwill $55,409 $55,409 $56,474 $55,409 $56,474
Amortizable intangibles $11,746 $12,510 $11,410 $11,746 $11,410
Mortgage servicing intangibles $2,082 $2,288 $2,171 $2,082 $2,171
Common shares repurchased for publicly announced plans 96.1 40.0 100.0 136.1 151.8
       
Performance Ratios        
       
Return on average assets 1.52% 1.32% 1.49% 1.42% 1.41%
Return on average common equity 15.27% 13.32% 14.97% 14.31% 13.99%
Earning asset yield (TE) 6.08% 5.90% 5.83% 5.99% 5.83%
Total cost of funds 1.66% 1.55% 1.43% 1.61% 1.42%
Net interest margin (TE) 4.42% 4.35% 4.40% 4.39% 4.41%
Non-interest expense as a percent of total revenue (TE)        
    before amortization of purchased intangibles and        
    securities transactions 57.83% 59.99% 56.79% 58.88% 58.43%
Average common equity as a percent of average total assets 9.94% 9.94% 9.95% 9.94% 10.09%
Leverage ratio  8.83% 8.75% 8.76% 8.83% 8.76%
Tangible common equity to assets  8.71% 8.28% 8.27% 8.71% 8.27%
Net charge-offs as a percent of average loans 0.24% 0.33% 0.47% 0.28% 0.46%
Allowance for loan losses as a percent of period end loans 1.45% 1.48% 1.47% 1.45% 1.47%
Allowance for loan losses to NPAs + accruing loans 90 days past due 284.75% 323.66% 211.55% 284.75% 211.55%
Provision for loan losses to net charge-offs 111.83% 122.13% 126.52% 117.72% 126.71%
Loan/Deposit Ratio 73.63% 72.40% 70.13% 73.02% 70.15%
Non-interest income excluding securities transactions,        
    as a percent of total revenue (TE) 34.06% 32.77% 35.93% 33.43% 35.36%
 
 Hancock Holding Company   
 Financial Highlights 
 (amounts in thousands, except per share data and FTE headcount) 
 (unaudited) 
 Three Months Ended   Six Months Ended  
6/30/2005 3/31/2005 6/30/2004 6/30/2005 6/30/2004
Asset Quality Information        
       
Non-accrual loans $8,052 $6,335 $10,134 $8,052 $10,134
Foreclosed assets 2,567 3,591 4,270 2,567 4,270
Total non-performing assets $10,619 $9,926 $14,404 $10,619 $14,404
Non-performing assets as a percent of loans and foreclosed assets 0.37% 0.36% 0.55% 0.37% 0.55%
Accruing Loans 90 days past due $3,914 $2,798 $3,701 $3,914 $3,701
Accruing Loans 90 days past due as a percent of loans 0.14% 0.10% 0.14% 0.14% 0.14%
Non-performing assets + accruing loans 90 days past due         
  to loans and foreclosed assets 0.51% 0.46% 0.69% 0.51% 0.69%
       
Net charge-offs $1,691 $2,260 $3,017 $3,951 $5,803
Net charge-offs as a percent of average loans 0.24% 0.33% 0.47% 0.28% 0.46%
       
Allowance for loan losses $41,382 $41,182 $38,300 $41,382 $38,300
Allowance for loan losses as a percent of period end loans 1.45% 1.48% 1.47% 1.45% 1.47%
Allowance for loan losses to NPAs + accruing loans 90 days past due 284.75% 323.66% 211.55% 284.75% 211.55%
       
Provision for loan losses $1,891 $2,760 $3,817 $4,651 $7,353
Provision for loan losses to net charge-offs 111.83% 122.13% 126.52% 117.72% 126.71%
       
Allowance for Loan Losses        
       
Beginning Balance $41,182 $40,682 $37,500 $40,682 $36,750
Provision for loan loss 1,891 2,760 3,817 4,651 7,353
Charge-offs 3,539 4,026 4,690 7,565 10,385
Recoveries 1,848 1,766 1,673 3,614 4,582
Net charge-offs 1,691 2,260 3,017 3,951 5,803
Ending Balance $41,382 $41,182 $38,300 $41,382 $38,300
       
Net Charge-Off Information        
       
Net charge-offs:        
Commercial/real estate loans $202 $770 $788 $972 $1,947
Mortgage loans                (5)               68              (26)                63              (27)
Direct consumer loans              491             501           1,182              992          1,818
Indirect consumer loans              538             540             572           1,078          1,015
Finance company loans              465             381             501              846          1,050
Total net charge-offs $1,691 $2,260 $3,017 $3,951 $5,803
       
Average loans:        
Commercial/real estate loans $1,523,348 $1,491,008 $1,352,432 $1,507,267 $1,325,916
Mortgage loans        417,307       407,258       391,270        412,310       379,295
Direct consumer loans        509,628       503,700       483,150        506,681       485,301
Indirect consumer loans        323,100       313,542       279,230        318,347       273,770
Finance Company loans         62,124         60,720         57,829         61,426         56,659
Total average loans $2,835,506 $2,776,229 $2,563,910 $2,806,031 $2,520,941
       
Net charge-offs to average loans:        
Commercial/real estate loans 0.05% 0.21% 0.23% 0.13% 0.30%
Mortgage loans 0.00% 0.07% -0.03% 0.03% -0.01%
Direct consumer loans 0.39% 0.40% 0.98% 0.39% 0.75%
Indirect consumer loans 0.67% 0.70% 0.82% 0.68% 0.75%
Finance Company loans 3.00% 2.54% 3.48% 2.78% 3.73%
Total net charge-offs to average loans 0.24% 0.33% 0.47% 0.28% 0.46%
 
 Hancock Holding Company   
 Financial Highlights 
 (amounts in thousands, except per share data and FTE headcount) 
 (unaudited) 
 Three Months Ended   Six Months Ended  
6/30/2005 3/31/2005 6/30/2004 6/30/2005 6/30/2004
Income Statement        
       
Interest income  $64,027 $60,531 $56,318 $124,557 $110,160
Interest income (TE)         65,767         62,302         58,115        128,069       113,811
Interest expense         17,961         16,289         14,218         34,249         27,688
Net interest income (TE)         47,807         46,013         43,897         93,820         86,123
Provision for loan losses           1,891          2,760           3,817           4,651          7,353
Non-interest income excluding gains on sale of branches,        
  credit card merchant and securities transactions         24,695         22,427         21,619         47,122         41,850
Gains on sale of branches & credit card merchant                -                 -             3,000                -            5,258
Securities transactions gains/(losses)               (15)                 7               11                (8)             161
Non-interest expense          42,505         41,642         39,437         84,148         78,699
Income before income taxes         26,350         22,273         23,476         48,623         43,688
Income tax expense           8,256          6,836           7,104         15,091         13,172
Net income $18,094