Condensed Parent Company Information

12 Months Ended

Dec. 31, 2011

Condensed Parent Company Information [Abstract]

Condensed Parent Company Information

Note 20. Condensed Parent Company Information

The following condensed financial statements reflect the accounts and transactions of Hancock Holding Company only (in thousands):

Condensed Balance Sheets
	December 31,
	2011		2010
Assets:
Cash	$	28,015	$	787
Investment in bank subsidiaries		2,358,368		833,965
Securities available for sale		103,788		—
Investment in non-bank subsidiaries		10,222		20,798
Due from subsidiaries and other assets		9,014		1,567
	$	2,509,407	$	857,117
Liabilities and Stockholders' Equity:
Due to subsidiaries	$	158	$	569
Long term debt		140,000		—
Other liabilities		2,086		—
Stockholders' equity		2,367,163		856,548
	$	2,509,407	$	857,117

Condensed Statements of Income
	Years Ended December 31,
	2011			2010		2009
Operating Income
From subsidiaries
Dividends received from bank subsidiaries	$	123,100		$	41,500	$	36,700
Dividends received from non-bank subsidiaries		—			—		—
Equity in earnings of subsidiaries greater than (less than) dividends received		(43,721	)		10,471		38,161
Total operating income		79,379			51,971		74,861
Other (expense) income		(2,592	)		342		(178	)
Income tax provision (benefit)		28			107		(92	)
Net income	$	76,759		$	52,206	$	74,775

Condensed Statements of Cash Flows

	Years Ended December 31,
	2011			2010			2009
Cash flows from operating activities—principally dividends received from subsidiaries	$	113,355		$	31,241		$	36,743
Net cash (used in) provided by operating activities		113,355			31,241			36,743
Cash flows from investing activities—contribution of capital to subsidiary		(233	)		(454	)		(181,798	)
Purchase of available for sale securities		(103,432	)		—			—
Proceeds of securities available for sale		1,396			—			—
Cash paid in connection with business combination		(275,563	)		—			—
Net cash used by investing activities		(377,832	)		(454	)		(181,798	)
Cash flows from financing activities:
Proceeds from issuance of long term debt		140,000			—			—
Dividends paid to stockholders		(70,617	)		(36,182	)		(32,011	)
Stock transactions, net		222,322			5,876			173,319
Net cash used by financing activities		291,705			(30,306	)		141,308
Net increase (decrease) in cash		27,228			481			(3,747	)
Cash, beginning of year		787			306			4,053
Cash, end of year	$	28,015		$	787		$	306