Hancock Holding Company

- Add 11 -

Quarterly Financial Data

(amounts in thousands, except per share data)

(unaudited)

2001

2002

2003

Per Common Share Data*

Earnings per share:

Basic

$0.53

$0.55

$0.57

$0.71

$0.68

$0.75

$0.80

$0.84

$0.76

Diluted

$0.53

$0.55

$0.57

$0.70

$0.67

$0.73

$0.78

$0.82

$0.74

Earnings per share before amortization of

purchased intangibles:

Basic

$0.59

$0.61

$0.64

$0.79

$0.69

$0.76

$0.82

$0.86

$0.85

$0.77

Diluted

$0.59

$0.61

$0.64

$0.78

$0.68

$0.74

$0.79

$0.83

$0.75

Cash dividends per share

$0.19

$0.20

$0.21

Book value per share (period end)

$21.02

$22.18

$23.26

$23.13

$23.45

$24.65

$25.15

$25.09

$25.45

$25.83

Weighted average number of shares:

Basic

16,109

16,086

16,061

15,932

15,892

15,869

15,709

15,487

15,442

15,420

Diluted

16,132

16,121

17,214

17,090

17,103

17,156

17,047

16,822

16,756

16,742

Period end number of shares

16,106

16,076

15,982

15,893

15,892

15,798

15,517

15,443

15,435

15,389

Market data:

High closing price

$28.96

$28.63

$29.33

$29.97

$36.17

$45.13

$49.73

$50.37

$46.94

$49.25

Low closing price

$23.50

$24.74

$25.99

$25.21

$27.56

$35.17

$39.33

$42.00

$42.80

$42.00

Period end closing price

$28.96

$28.63

$27.05

$28.69

$35.80

$44.92

$46.97

$44.65

$43.06

$46.75

Trading volume

652

710

1,042

872

1,117

2,246

3,690

2,353

1,418

1,274

Performance Ratios

Return on average assets

1.12%

1.11%

1.06%

1.30%

1.23%

1.30%

1.36%

1.39%

1.37%

1.20%

Return on average common equity

10.09%

10.16%

10.60%

12.74%

12.25%

13.04%

13.30%

13.87%

14.08%

12.42%

Earning asset yield (TE)

8.16%

7.87%

7.64%

7.36%

6.95%

6.73%

6.77%

6.50%

6.05%

5.95%

Total cost of funds

3.69%

3.45%

3.27%

2.63%

2.27%

2.06%

1.97%

1.86%

1.71%

1.58%

Net interest margin (TE)

4.47%

4.42%

4.38%

4.72%

4.68%

4.66%

4.80%

4.65%

4.34%

4.37%

Non-interest expense as a percent

of total revenue (TE) before

amortization of purchased intangibles

and securities transactions

61.22%

60.65%

61.49%

57.81%

58.03%

57.34%

57.97%

57.33%

60.09%

Average common equity as

a percent of average total assets

11.06%

10.96%

9.98%

10.20%

10.05%

9.97%

10.24%

10.05%

9.73%

9.68%

Leverage ratio

10.00%

9.68%

8.42%

9.49%

8.44%

9.35%

9.30%

9.35%

9.21%

9.16%

Tangible common equity to assets

9.73%

9.86%

8.97%

8.61%

8.40%

8.73%

8.53%

8.45%

8.14%

8.31%

Net charge-offs as a

percent of average loans

0.49%

0.48%

0.65%

0.94%

1.67%

0.88%

0.51%

0.63%

0.59%

0.64%

Reserve for loan losses as

a percent of period end loans

1.71%

1.69%

1.90%

1.82%

1.68%

1.65%

1.64%

1.57%

Reserve for loan losses to

NPAs + loans 90 days past due

127.34%

136.74%

133.67%

104.54%

118.55%

122.93%

134.42%

143.48%

149.63%

138.95%

Provision for loan losses to net charge-offs

100.00%

67.06%

66.37%

68.65%

116.21%

141.23%

143.64%

100.00%

114.43%

*Note: Share and per share data give effect to the 3 - for - 2 stock split effective August 5, 2002.