Hancock Holding Company													- Add 9 -
		Average Balance and Net Interest Margin Summary
		(amounts in thousands)
		(unaudited)
			Three Months Ended
			06/30/03					03/31/03					06/30/02
			Interest		Volume		Rate	Interest		Volume		Rate	Interest		Volume		Rate
Average Earning Assets
Commercial & real estate loans (TE)			$16,253		$1,100,310		5.92%	$16,188		$1,061,644		6.18%	$16,414		$972,234		6.77%
Mortgage loans			5,108		331,930		6.16%	4,723		294,611		6.41%	4,165		230,653		7.22%
Consumer loans			15,696		740,565		8.50%	15,691		736,954		8.64%	16,397		714,314		9.21%
Loan fees & late charges			2,922		-		0.00%	2,381		-		0.00%	2,240		-		0.00%
Total loans (TE)			39,979		2,172,805		7.38%	38,983		2,093,209		7.54%	39,216		1,917,200		8.20%
															0
US treasury securities			400		48,101		3.33%	412		50,265		3.33%	420		50,448		3.34%
US agency securities			4,665		450,334		4.14%	5,706		522,735		4.37%	6,849		568,330		4.82%
CMOs			4,087		530,975		3.08%	4,419		544,997		3.24%	7,116		577,356		4.93%
Mortgage backed securities			3,367		321,640		4.19%	1,474		109,890		5.37%	1,406		94,090		5.98%
Municipals (TE)			3,508		196,803		7.13%	3,740		206,975		7.23%	4,023		224,361		7.17%
Other securities			267		27,539		3.88%	336		31,498		4.33%	425		39,426		4.31%
Total securities (TE)			16,294		1,575,392		4.14%	16,087		1,466,360		4.39%	20,239		1,554,012		5.22%
Fed funds sold			119		39,964		1.20%	330		113,667		1.18%	182		41,733		1.75%
Cds with banks			8		6,854		0.45%	13		5,204		1.04%	77		10,944		2.80%
Other short-term investments			-		-		0.00%	65		21,935		1.21%	217		46,443		1.87%
Total short-term investments			127		46,818		1.09%	408		140,805		1.18%	475		99,121		1.92%
Average earning assets yield (TE)			$56,400		$3,795,016		5.95%	$55,479		$3,700,374		6.05%	$59,931		$3,570,333		6.73%
Interest-Bearing Liabilities
Interest-bearing transaction deposits			$4,668		$1,686,294		1.11%	$5,118		$1,651,450		1.26%	$6,397		$1,436,384		1.79%
Time deposits			9,339		1,142,855		3.28%	9,499		1,122,536		3.43%	10,792		1,147,475		3.77%
Total interest bearing deposits			14,007		2,829,150		1.99%	14,618		2,773,986		2.14%	17,189		2,583,859		2.67%
Customer repos			340		177,369		0.77%	369		171,072		0.87%	564		169,912		1.33%
Other borrowings			615		54,357		4.54%	594		52,823		4.56%	620		54,562		4.56%
Total borrowings			955		231,726		1.65%	963		223,895		1.74%	1,184		224,474		2.12%
Total interest bearing liab cost			$14,963		$3,060,876		1.96%	$15,581		$2,997,881		2.11%	$18,373		$2,808,334		2.62%
Noninterest-bearing deposits					599,041					582,992					623,300
Other net interest-free funding sources					135,099					119,501