Condensed Parent Company Information (Tables)

12 Months Ended

Dec. 31, 2012

Condensed Balance Sheets

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

Condensed Balance Sheets

	December 31,
	2012		2011
Assets:
Cash	$	26,041	$	28,015
Securities available for sale		132,551		103,788
Investment in bank subsidiaries		2,495,412		2,358,368
Investment in non-bank subsidiaries		8,071		10,222
Due from subsidiaries and other assets		13,447		9,014
	$	2,675,522	$	2,509,407
Liabilities and Stockholders’ Equity:
Long term debt	$	220,000	$	140,000
Due to subsidiaries and other liabilities		2,244		2,244
Stockholders’ equity		2,453,278		2,367,163
	$	2,675,522	$	2,509,407

Condensed Statements of Income

Condensed Statements of Income

	Years Ended December 31,
	2012			2011			2010
Operating Income
From subsidiaries
Cash dividends received from bank subsidiaries	$	25,000		$	123,100		$	41,500
Non-cash dividend from bank subsidiary in restructuring		225,000			13,451			—
Dividends received from non-bank subsidiaries		150			—			—
Equity in earnings of subsidiaries greater than (less than) dividends received		(94,486	)		(57,172	)		10,471
Total operating income		155,664			79,379			51,971
Other (expense) income		(6,673	)		(2,592	)		342
Income tax expense (benefit)		(2,751	)		28			107
Net income	$	151,742		$	76,759		$	52,206

Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

	Years Ended December 31,
	2012			2011			2010
Cash flows from operating activities - principally dividends received from subsidiaries	$	18,789		$	113,355		$	31,241
Net cash (used in) provided by operating activities		18,789			113,355			31,241
Cash flows from investing activities
Contribution of capital to subsidiary		(955	)		(233	)		(454	)
Loans to nonbank subsidiaries, net of repayments		1,684			—			—
Purchase of available for sale securities		(77,058	)		(103,432	)		—
Proceeds of securities available for sale		47,305			1,396			—
Cash paid in connection with business combination		—			(275,563	)		—
Net cash used by investing activities		(29,024	)		(377,832	)		(454	)
Cash flows from financing activities:
Proceeds from issuance of long term debt		217,933			140,000			—
Repayment of long term debt		(140,000	)		—			—
Dividends paid to stockholders		(83,151	)		(70,617	)		(36,182	)
Stock transactions, net		13,479			222,322			5,876
Net cash (used by) financing activities		8,261			291,705			(30,306	)
Net increase (decrease) in cash		(1,974	)		27,228			481
Cash, beginning of year		28,015			787			306
Cash, end of year	$	26,041		$	28,015		$	787