Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Stockholders' Equity Note [Abstract]

Components of Accumulated Other Comprehensive Income (Loss)

A rollforward of the components of Accumulated Other Comprehensive Income (Loss) is presented in the table that follows:

($ in thousands)	Available for Sale Securities			HTM Securities Transferred from AFS			Employee Benefit Plans			Cash Flow Hedges			Equity Method Investment			Total
Balance, December 31, 2020	$	171,224		$	276		$	(125,573	)	$	39,511		$	(5,369	)	$	80,069
Net change in unrealized gain (loss)		(208,760	)		—			—			(3,258	)		438			(211,580	)
Reclassification of net (gain) loss realized and included in earnings		2,166			—			4,555			(26,674	)		4,468			(15,485	)
Valuation adjustments to pension plan attributable to VERIP and curtailment		—			—			59,606			—			—			59,606
Other valuation adjustments for employee benefit plans		—			—			(6,735	)		—			—			(6,735	)
Amortization of unrealized net gain on securities transferred to held to maturity		—			(158	)		—			—			—			(158	)
Income tax (expense) benefit		46,407			35			(12,799	)		6,705			—			40,348
Balance, December 31, 2021	$	11,037		$	153		$	(80,946	)	$	16,284		$	(463	)	$	(53,935	)
Net change in unrealized gain (loss)		(785,538	)		—			—			(113,171	)		468			(898,241	)
Reclassification of net (gain) loss realized and included in earnings		1,707			—			2,274			(9,928	)		—			(5,947	)
Valuation adjustments to employee benefit plans		—			—			(24,139	)		—			—			(24,139	)
Transfer of net unrealized loss from AFS to HTM securities portfolio		15,405			(15,405	)		—			—			—			—
Amortization of unrealized net loss on securities transferred to held to maturity		—			1,355			—			—			—			1,355
Income tax benefit		172,981			3,163			4,859			27,722			—			208,725
Balance, December 31, 2022	$	(584,408	)	$	(10,734	)	$	(97,952	)	$	(79,093	)	$	5		$	(772,182	)
Net change in unrealized gain (loss)		104,543			—			—			(13,850	)		368			91,061
Reclassification of net loss realized and included in earnings		68,105			—			6,800			40,714			—			115,619
Valuation adjustments to employee benefit plans		—			—			(13,325	)		—			—			(13,325	)
Amortization of unrealized net loss on securities transferred to held to maturity		—			1,747			—			—			—			1,747
Income tax (expense) benefit		(38,988	)		(398	)		1,416			(6,077	)		—			(44,047	)
Balance, December 31, 2023	$	(450,748	)	$	(9,385	)	$	(103,061	)	$	(58,306	)	$	373		$	(621,127	)

Line Items in Consolidated Income Statements Affected by Amounts Reclassified from Accumulated Other Comprehensive Income

The following table shows the line items in the consolidated statements of income affected by amounts reclassified from AOCI:

Amount reclassified from AOCI (a)	Year Ended December 31,						Increase (decrease) in affected line
($ in thousands)	2023			2022			item in the income statement
Amortization of unrealized net loss on securities transferred to HTM	$	1,747		$	1,355		Interest income
Tax effect		(398	)		(305	)	Income taxes
Net of tax		1,349			1,050		Net income
Loss on sale of AFS securities		(68,105	)		(1,707	)	Securities transactions, net
Tax effect		15,380			385		Income taxes
Net of tax		(52,725	)		(1,322	)	Net income
Amortization of defined benefit pension and post-retirement items		(6,800	)		(2,274	)	Other noninterest expense
Tax effect		1,476			505		Income taxes
Net of tax		(5,324	)		(1,769	)	Net income
Reclassification of unrealized loss on cash flow hedges		(47,285	)		(1,748	)	Interest income
Tax effect		10,697			394		Income taxes
Net of tax		(36,588	)		(1,354	)	Net income
Amortization of gain on terminated cash flow hedges		6,571			11,676		Interest income
Tax effect		(1,486	)		(2,629	)	Income taxes
Net of tax		5,085			9,047		Net income
Total reclassifications, net of tax	$	(88,203	)	$	5,652		Net income

(a)Amounts in parentheses indicate reduction in net income.

Compliance with Regulatory Capital Requirements

Following is a summary of the actual regulatory capital amounts and ratios for the Company and the Bank together with corresponding regulatory capital requirements at December 31, 2023 and 2022.

	Actual				Required for Minimum Capital Adequacy				Required To Be Well Capitalized
($ in thousands)	Amount		Ratio %		Amount		Ratio %		Amount		Ratio %
At December 31, 2023
Tier 1 leverage capital
Hancock Whitney Corporation	$	3,584,474		10.10	$	1,419,209		4.00	$	1,774,011		5.00
Hancock Whitney Bank		3,493,531		9.86		1,417,854		4.00		1,772,318		5.00
Common equity tier 1 (to risk weighted assets)
Hancock Whitney Corporation	$	3,584,474		12.33	$	1,308,034		4.50	$	1,889,383		6.50
Hancock Whitney Bank		3,493,531		12.03		1,306,464		4.50		1,887,115		6.50
Tier 1 capital (to risk weighted assets)
Hancock Whitney Corporation	$	3,584,474		12.33	$	1,744,046		6.00	$	2,325,394		8.00
Hancock Whitney Bank		3,493,531		12.03		1,741,952		6.00		2,322,603		8.00
Total capital (to risk weighted assets)
Hancock Whitney Corporation	$	4,049,245		13.93	$	2,325,394		8.00	$	2,906,743		10.00
Hancock Whitney Bank		3,785,802		13.04		2,322,603		8.00		2,903,254		10.00
At December 31, 2022
Tier 1 leverage capital
Hancock Whitney Corporation	$	3,279,419		9.53	$	1,376,092		4.00	$	1,720,115		5.00
Hancock Whitney Bank		3,279,536		9.54		1,374,761		4.00		1,718,451		5.00
Common equity tier 1 (to risk weighted assets)
Hancock Whitney Corporation	$	3,279,419		11.41	$	1,293,035		4.50	$	1,867,717		6.50
Hancock Whitney Bank		3,279,536		11.43		1,291,467		4.50		1,865,453		6.50
Tier 1 capital (to risk weighted assets)
Hancock Whitney Corporation	$	3,279,419		11.41	$	1,724,046		6.00	$	2,298,728		8.00
Hancock Whitney Bank		3,279,536		11.43		1,721,956		6.00		2,295,942		8.00
Total capital (to risk weighted assets)
Hancock Whitney Corporation	$	3,726,834		12.97	$	2,298,728		8.00	$	2,873,411		10.00
Hancock Whitney Bank		3,554,451		12.39		2,295,942		8.00		2,869,927		10.00