Hancock Holding Company 
- Add 5 -
 Financial Highlights 
 (amounts in thousands, except per share data) 
 (unaudited) 
   Three Months Ended    Twelve Months Ended  
3/31/2005 12/31/2004
3/31/2004
####### #######
Per Common Share Data        
       
Earnings per share:        
    Basic $0.48 $0.49 $0.44 $0.43 $0.46
    Diluted $0.47 $0.48 $0.43 $0.43 $0.42
Cash dividends per share  $0.165 $0.165
$0.125
$0.580 $0.440
Book value per share (period end) $14.16 $14.32 $13.75 $14.16 $13.75
Tangible book value per share (period end) $11.99 $12.16 $11.58 $11.99 $11.73
Weighted average number of shares:        
    Basic         32,463         32,467         32,048   32,390   30,714
    Diluted         33,019         33,078         33,018   33,052   33,410
Period-end number of shares         32,463         32,440         32,558   32,463   30,450
Market data:        
    High closing price $34.20 $34.83 $32.00 $34.83 $29.25
    Low closing price $30.25 $30.00 $27.08 $25.00 $21.00
    Period end closing price  $32.50 $33.46 $30.96 $32.50 $30.96
    Trading volume           3,284          2,781           2,745   11,572   11,411
       
Other Period-end Data        
       
FTE Headcount 1,766 1,767 1,717 1,766 1,717
Tangible common equity $389,344 $394,389 $377,056 ####### #######
Tier I capital $408,163 $399,320 $372,527 ####### #######
Goodwill $55,409 $55,409 $59,281 $55,409 $59,281
Amortizable intangibles $12,510 $12,263 $8,732 $12,510 $8,732
Mortgage servicing intangibles $2,288 $2,520 $2,464 $2,288 $2,464
       
Performance Ratios        
       
Return on average assets 1.32% 1.39% 1.33% 0.28% 0.33%
Return on average common equity 13.32% 13.54% 13.01% 2.20% 3.23%
Earning asset yield (TE) 5.90% 6.00% 5.82% 3.94% 5.82%
Total cost of funds 1.55% 1.47% 1.41% 1.03% 1.41%
Net interest margin (TE) 4.35% 4.53% 4.41% 2.91% 4.41%
Non-interest expense as a percent of total revenue (TE)        
    before amortization of purchased intangibles and        
    securities transactions 59.99% 54.95% 60.17% 51.89% 60.17%
Average common equity as a percent of average total assets 9.94% 10.26% 10.24% 12.83% 10.24%
Leverage ratio  8.75% 8.97% 8.73% 8.75% 8.73%
Tangible common equity to assets  8.28% 8.58% 8.77% 8.28% 8.77%
Net charge-offs as a percent of average loans 0.33% 0.56% 0.45% 0.05% 0.11%
Allowance for loan losses as a percent of period end loans 1.48% 1.48% 1.49% 1.48% 1.49%
Allowance for loan losses to NPAs + accruing loans 90 days past due 323.66% 251.85% 188.51% 323.65% 188.51%
Provision for loan losses to net charge-offs 122.13% 150.98% 126.92% 100.00% 126.92%
Loan/Deposit Ratio 72.40% 75.19% 70.16% 72.78% 70.16%
Non-interest income excluding securities transactions,        
    as a percent of total revenue (TE) 32.77% 32.37% 34.75% 30.68% 34.75%
 Hancock Holding Company  - Add 6 -
 Financial Highlights 
 (amounts in thousands, except per share data) 
 (unaudited) 
 Three Months Ended   Twelve Months Ended  
3/31/2005 12/31/2004 3/31/2004 ####### #######
Asset Quality Information        
       
Non-accrual loans $6,335 $7,480 $9,670 $6,335 $9,670
Foreclosed assets 3,591 3,513 5,212 3,591 5,212
Total non-performing assets $9,926 $10,993 $14,882 $9,926 $14,882
Non-performing assets as a percent of loans and foreclosed assets 0.36% 0.40% 0.59% 0.36% 0.59%
Accruing Loans 90 days past due $2,798 $5,160 $5,011 $2,798 $5,011
Accruing Loans 90 days past due as a percent of loans 0.10% 0.19% 0.20% 0.10% 0.20%
Non-performing assets + accruing loans 90 days past due         
  to loans and foreclosed assets 0.46% 0.59% 0.79% 0.46% 0.79%
       
Net charge-offs $2,260 $3,839 $2,786 $1,402 $2,786
Net charge-offs as a percent of average loans 0.33% 0.56% 0.45% 0.05% 0.11%
       
Allowance for loan losses $41,182 $40,682 $37,500 $41,182 $37,500
Allowance for loan losses as a percent of period end loans 1.48% 1.48% 1.49% 1.48% 1.49%
Allowance for loan losses to NPAs + accruing loans 90 days past due 323.66% 251.85% 188.51% 323.65% 188.51%
       
Provision for loan losses $2,760 $5,796 $3,536 $1,402 $3,536
Provision for loan losses to net charge-offs 122.13% 150.98% 126.92% 100.00% 126.92%
       
Allowance for Loan Losses        
       
Beginning Balance $40,682 $38,725 $36,750 $36,750 $34,740
Provision for loan loss 2,760 5,796 3,536 16,537 15,154
Charge-offs 4,026 5,562 5,695 20,428 19,543
Recoveries 1,766 1,723 2,909 7,823 6,399
Net charge-offs 2,260 3,839 2,786 12,605 13,144
Ending Balance $41,182 $40,682 $37,500 $40,682 $36,750
       
Net Charge-Off Information        
       
Net charge-offs:        
Commercial/real estate loans $770 $1,003 $1,159 $3,685 $3,825
Mortgage loans                68               38                (1)        (11)       113
Direct consumer loans              501          1,173             637    4,213    5,022
Indirect consumer loans              540             910             442    2,327    2,135
Finance company loans              381             715             549    2,391    2,049
Total net charge-offs $2,260 $3,839 $2,786 $12,605 $13,144
       
Average loans:        
Commercial/real estate loans $1,491,008 $1,439,074 $1,299,399 ####### #######
Mortgage loans        407,258       408,535       367,320 ####### #######
Direct consumer loans        503,700       498,336       487,452 ####### #######
Indirect consumer loans        313,542       307,413       268,311 ####### #######
Finance Company loans         60,720         60,604         55,488   60,638   55,488
Total average loans $2,776,229 $2,713,963 $2,477,971 ####### #######
       
Net charge-offs to average loans:        
Commercial/real estate loans 0.21% 0.28% 0.36% 0.24% 0.29%
Mortgage loans 0.07% 0.04% 0.00% 0.00% 0.03%
Direct consumer loans 0.40% 0.94% 0.53% 0.84% 1.03%
Indirect consumer loans 0.70% 1.18% 0.66% 0.74% 0.80%
Finance Company loans 2.54% 4.69% 3.98% 3.94% 3.69%
Total net charge-offs to average loans 0.33% 0.56% 0.45% 0.45% 0.53%
 Hancock Holding Company  - Add 7 -
 Financial Highlights 
 (amounts in thousands, except per share data) 
 (unaudited) 
 Three Months Ended   Twelve Months Ended  
3/31/2005 12/31/2004 3/31/2004 ####### #######
Income Statement        
       
Interest income  $60,531 $59,190 $53,842 $41,153 $53,842
Interest income (TE)         62,302         61,051         55,696   42,391   55,696
Interest expense         16,289         15,014         13,470   11,064   13,470
Net interest income (TE)         46,013         46,037         42,226   31,328   42,226
Provision for loan losses           2,760          5,796           3,536    1,402    3,536
Non-interest income excluding gains on sale of branches        
  and securities transactions         22,427         22,037         20,231   13,867   20,231
Gains on sale of branches                -                 -             2,258         -      2,258
Securities transactions gains/(losses)                 7                 4             149          (0)       149
Non-interest expense          41,642         37,945         39,262   23,839   39,262
Income before income taxes         22,273         22,475         20,212   18,714   20,212
Income tax expense           6,836          6,684           6,068    4,628    6,068
Net income         15,438         15,791         14,144   14,086   14,144
Preferred dividends                -                 -                  -           -           -  
Net income to common $15,438 $15,791 $14,144 $14,086 $14,144
       
Non-interest Income and Operating Expense        
       
Service charges on deposit accounts $9,490 $11,062 $10,230 $6,523 $10,230
Trust fees 2,541 2,487 1,985 420 1,985
Debit card & merchant fees 1,030 1,172 861 640 861
Insurance fees 3,881 1,824 2,484 2,693 2,484
Investment & annuity fees 1,188 581 693 594 693
ATM fees 1,372 1,119 1,128