Condensed Parent Company Information

12 Months Ended

Dec. 31, 2015

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Parent Company Information

Note 19. Condensed Parent Company Information

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

Condensed Balance Sheets

	December 31,
(in thousands)	2015		2014
Assets:
Cash	$	36,364	$	44,771
Securities available for sale		83,835		97,423
Investment in bank subsidiaries		2,534,299		2,452,529
Investment in non-bank subsidiaries		3,051		3,202
Due from subsidiaries and other assets		31,168		24,896
	$	2,688,717	$	2,622,821
Liabilities and Stockholders’ Equity:
Long term debt	$	275,000	$	149,600
Other liabilities		574		819
Stockholders’ equity		2,413,143		2,472,402
	$	2,688,717	$	2,622,821

Condensed Statements of Income

	Years Ended December 31,
(in thousands)	2015			2014			2013
Operating Income
From subsidiaries
Cash dividends received from bank subsidiaries	$	31,000		$	124,000		$	249,000
Dividends received from non-bank subsidiaries		—			—			2,990
Equity in earnings of subsidiaries greater than
(less than) dividends received		111,424			58,358			(82,203	)
Total operating income		142,424			182,358			169,787
Other expense, net		(17,297	)		(10,035	)		(10,335	)
Income tax benefit		(6,334	)		(3,399	)		(3,904	)
Net income	$	131,461		$	175,722		$	163,356

Condensed Statements of Cash Flows

	Years Ended December 31,
(in thousands)	2015			2014			2013
Cash flows from operating activities—principally dividends received from subsidiaries	$	30,527		$	126,491		$	257,251
Net cash provided by operating activities		30,527			126,491			257,251
Cash flows from investing activities
Contribution of capital to subsidiary		(90	)		—			(870	)
Proceeds from principal paydowns of securities available for sale		12,863			12,664			18,685
Other, net		1,629			—			(5,630	)
Net cash provided by investing activities		14,402			12,664			12,185
Cash flows from financing activities:
Proceeds from issuance of long term debt		269,004			—			—
Repayment of long term debt		(149,600	)		(35,200	)		(35,200	)
Dividends paid to stockholders		(77,474	)		(80,392	)		(81,673	)
Stock transactions, net		(95,266	)		(45,130	)		(112,266	)
Net cash used by financing activities		(53,336	)		(160,722	)		(229,139	)
Net (decrease) increase in cash		(8,407	)		(21,567	)		40,297
Cash, beginning of year		44,771			66,338			26,041
Cash, end of year	$	36,364		$	44,771		$	66,338