Segment Reporting

9 Months Ended

Sep. 30, 2011

Segment Reporting [Abstract]

Segment Reporting

14. Segment Reporting

The Company's primary segments are divided into Hancock, Whitney, and Other. Effective January 1, 2010, the Company's Florida segment was merged into Hancock, which was previously referred to as Mississippi ("MS" in prior filings). On June 4, 2011, we completed the acquisition of Whitney Holding Corporation. Whitney National Bank was merged into Hancock Bank of Louisiana and renamed Whitney Bank. Prior to the merger the segment now called Whitney Bank was Hancock Bank Louisiana, labeled "LA" on the prior period table. As part of the merger, Hancock Bank of Alabama ("AL" in prior filings) was merged into Whitney Bank. Subsequently, the assets and liabilities of the former Hancock Bank of Alabama were then transferred to Hancock Bank. Prior periods report the segment formerly called Alabama in the Mississippi segment. As a result, Hancock Holding Company is now the parent company of two wholly-owned bank subsidiaries, Hancock Bank, Gulfport, Mississippi (Hancock Bank) and Whitney Bank, New Orleans, Louisiana (Whitney Bank). Each segment offers the same products and services but is managed separately due to different pricing, product demand, and consumer markets. Each segment offers commercial, consumer and mortgage loans and deposit services. In the following tables, the column "Other" includes additional consolidated subsidiaries of the Company: Hancock Investment Services, Inc. and subsidiaries, Hancock Insurance Agency, Inc. and subsidiaries, Harrison Finance Company, Magna Insurance Company, Lighthouse Services Corp., Invest-Sure, Inc., Peoples First Transportation, Inc., Community First, Whitney Securities LLC, Berwick LLC, Key Investment Securities, Inc., and Southern Coastal Insurance Agency, and subsidiaries, and three real estate corporations owning land and buildings that house bank branches and other facilities.

Following is selected information for the Company's segments (in thousands):

	Three Months Ended September 30, 2011
	Hancock			Whitney			Other			Eliminations			Consolidated
Interest income	$	48,962		$	144,049		$	5,051		$	(367	)	$	197,695
Interest expense		8,267			10,593			2,044			(251	)		20,653
Net interest income		40,695			133,456			3,007			(116	)		177,042
Provision for loan losses		(2,651	)		(6,278	)		(325	)		—			(9,254	)
Noninterest income		22,425			37,469			5,048			(7	)		64,935
Depreciation and amortization		(2,062	)		(4,144	)		(177	)		—			(6,383	)
Other noninterest expense		(47,933	)		(133,643	)		(6,083	)		23			(187,636	)
Securities transactions gain		—			—			16			—			16
Net income before income taxes		10,474			26,860			1,484			(100	)		38,720
Income tax expense		2,220			5,285			837			—			8,342
Net income	$	8,254		$	21,575		$	647		$	(100	)	$	30,378
Goodwill	$	23,386		$	601,820		$	4,482		$	—		$	629,688
Total assets	$	4,949,379		$	14,121,103		$	2,915,127		$	(2,569,920	)	$	19,415,689
Total interest income from affiliates	$	966		$	250		$	—		$	(1,216	)	$	—
Total interest income from external customers	$	47,996		$	143,799		$	5,051		$	849		$	197,695

	Three Months Ended September 30, 2010
	Hancock			LA			Other			Eliminations			Consolidated
Interest income	$	48,503		$	32,747		$	5,381		$	(1,233	)	$	85,398
Interest expense		13,690			4,972			1,031			(1,116	)		18,576
Net interest income		34,813			27,775			4,350			(117	)		66,822
Provision for loan losses		(7,056	)		(7,491	)		(1,711	)		—			(16,258	)
Noninterest income		17,223			11,134			6,865			(14	)		35,207
Depreciation and amortization		(2,279	)		(656	)		(206	)		—			(3,141	)
Other noninterest expense		(36,415	)		(20,231	)		(8,302	)		30			(64,918	)
Net income before income taxes		6,286			10,531			996			(101	)		17,712
Income tax (benefit)/expense		(253	)		2,544			568			—			2,859
Net income	$	6,539		$	7,987		$	428		$	(101	)	$	14,853
Goodwill	$	23,386		$	33,763		$	4,482		$	—		$	61,631
Total assets	$	5,435,997		$	2,853,320		$	1,143,518		$	(1,193,473	)	$	8,239,362
Total interest income from affiliates	$	1,113		$	—		$	120		$	(1,233	)	$	—
Total interest income from external customers	$	47,390		$	32,747		$	5,261		$	—		$	85,398

	Nine Months Ended September 30, 2011
	Hancock			Whitney			Other			Eliminations			Consolidated
Interest income	$	143,963		$	237,907		$	14,684		$	(849	)	$	395,705
Interest expense		28,310			20,662			4,372			(503	)		52,841
Net interest income		115,653			217,245			10,312			(346	)		342,864
Provision for loan losses		(13,615	)		(11,980	)		(1,625	)		—			(27,220	)
Noninterest income		66,506			65,356			13,998			(26	)		145,834
Depreciation and amortization		(6,572	)		(6,634	)		(532	)		—			(13,738	)
Other noninterest expense		(132,716	)		(223,755	)		(18,268	)		73			(374,666	)
Securities transactions (loss)/gain		(51	)		20			(40	)		—			(71	)
Net income before income taxes		29,205			40,252			3,845			(299	)		73,003
Income tax expense		4,790			8,737			1,683			—			15,210
Net income	$	24,415		$	31,515		$	2,162		$	(299	)	$	57,793
Goodwill	$	23,386		$	601,820		$	4,482		$	—		$	629,688
Total assets	$	4,949,379		$	14,121,103		$	2,915,127		$	(2,569,920	)	$	19,415,689
Total interest income from affiliates	$	2,998		$	454		$	—		$	(3,452	)	$	—
Total interest income from external customers	$	140,965		$	237,453		$	14,684		$	2,603		$	395,705
	Nine Months Ended September 30, 2010
	Hancock			LA			Other			Eliminations			Consolidated
Interest income	$	155,175		$	99,449		$	16,681		$	(3,788	)	$	267,517
Interest expense		49,630			16,795			3,261			(3,442	)		66,244
Net interest income		105,545			82,654			13,420			(346	)		201,273
Provision for loan losses		(32,909	)		(17,229	)		(4,463	)		—			(54,601	)
Noninterest income		49,863			32,224			19,856			(61	)		101,882
Depreciation and amortization		(7,239	)		(2,335	)		(621	)		—			(10,195	)
Other noninterest expense		(112,175	)		(60,688	)		(25,053	)		109			(197,807	)
Net income before income taxes		3,085			34,626			3,139			(298	)		40,552
Income tax (benefit)/expense		(4,209	)		9,003			571			—			5,365
Net income	$	7,294		$	25,623		$	2,568		$	(298	)	$	35,187
Goodwill	$	23,386		$	33,763		$	4,482		$	—		$	61,631
Total assets	$	5,435,997		$	2,853,320		$	1,143,518		$	(1,193,473	)	$	8,239,362
Total interest income from affiliates	$	3,417		$	9		$	362		$	(3,788	)	$	—
Total interest income from external customers	$	151,758		$	99,440		$	16,319		$	—		$	267,517