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Acquisition Of Whitney Holding Corporation (Assets Purchased And The Liabilities Assumed And The Adjustments To Fair Value) (Details) (USD $)
6 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 04, 2011
Dec. 31, 2010
Jun. 30, 2010
Jul. 04, 2011
Whitney Holding Corporation [Member]
Jun. 30, 2011
Credit Card Relationships [Member]
Jun. 30, 2011
Trust [Member]
Cash and cash equivalents         $ 957,000,000    
Loans held for sale 67,081,000   21,866,000   57,000,000    
Securities         2,635,000,000    
Loans and leases         6,456,000,000    
Property and equipment 522,008,000   209,919,000   284,000,000    
Other intangible assets         266,000,000 [1]    
Other assets         580,000,000    
Total assets 19,757,545,000   8,138,327,000 8,500,018,000 11,235,000,000    
Deposits 15,587,909,000   6,775,719,000   9,182,000,000    
Borrowings         776,000,000    
Other liabilities 278,129,000   126,829,000   175,000,000    
Total liabilities 17,371,232,000   7,281,779,000   10,133,000,000    
Net identifiable assets acquired 11,700,000,000       1,102,000,000    
Goodwill 629,688,000     61,631,000 514,000,000 [2]    
Net assets acquired         1,616,000,000    
Hancock Holding Company common shares issued (in millions)         41,000,000    
Purchase price per share of the Company's common stock         $ 32.04 [3]    
Company common stock issued and cash exchanged for fractional shares         1,307,000,000    
Stock options converted         1,000,000    
Cash paid for preferred TARP stock and warrant         308,000,000    
Fair value of total consideration transferred   1,600,000,000     1,616,000,000    
Goodwill expected to deductible $ 0            
CDI intangible assets, amortization life, minimum 12            
CDI intangible assets, amortization life, maximum 17            
Amortization life, years           15 10
[1] Intangible assets consists of core deposit intangible of $189 million, trade name of $54 million, trust relationships of $11 million, and credit card relationships of $11 million. The amortization is life 12 - 17 years for the CDI intangible asset; 15 years for credit card relationships and 10 years for trust. They will be amortized on an accelerated basis.
[2] No goodwill is expected to be deductible for federal income tax purposes. The goodwill will be primarily allocated to the Whitney Bank segment.
[3] The value of the shares of common stock exchanged with Whitney shareholders was based upon the closing price of the Company's common stock at June 3, 2011, the last traded day prior to the date of acquisition.