Mississippi 0-13089 64-0169065
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(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification Number)
incorporation)
One Hancock Plaza, 2510 14th Street,
Gulfport, Mississippi 39501
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(Address of principal executive offices) (Zip code)
(228) 868-4000
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(Registrant's telephone number, including area code)
Item 5. Other Events.
On March 17, 2004 Hancock Holding Company issued a press release
announcing that Hancock had acquired approximately $40.0 million of performing
loans from FDIC. A copy of the press release is filed as Exhibit 99.1 and is
incorporated by reference herein.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits.
99.1 Press Release issued by Hancock Holding Company
dated March 17, 2004, headed "Hancock Holding
Company acquires loans in Florida acquisition"
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 19, 2004
HANCOCK HOLDING COMPANY
(Registrant)
By: /s/ Paul D. Guichet
--------------------------------
Paul D. Guichet
Vice President
Investor Relations
Exhibit 99.1 to Hancock Holding Company Form 8-K
For Immediate Release For More Information
March 17, 2004 Carl J. Chaney, CFO, Hancock Holding Company
Telephone: 228.669.0982
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Hancock Holding Company acquires loans in Florida acquisition
GULFPORT, MS (March 17, 2004) - Hancock Holding Company (NASDAQ: HBHC) announced today that Hancock has
acquired approximately $40.0 million of performing loans from the Federal Deposit Insurance Corporation (FDIC) in
the recently announced acquisition of all deposit liabilities of the former Guaranty National Bank of
Tallahassee, FL.
In addition to the $40 million of performing loans, Hancock acquired approximately $1.7 million of
investment securities and $13.5 million of federal funds (short-term securities) at fair market value. The
previously announced premium of $13.6 million, or 20% of the acquired deposits, remains unchanged. Hancock
Holding Company - the parent company of Hancock Bank Mississippi, Hancock Bank of Louisiana, and Hancock Bank of
Florida - has assets of $4.3 billion.
The Office of the Comptroller of the Currency closed all locations of Guaranty National Bank of Tallahassee,
FL at 5 p.m. (EST) on Friday, March 12, 2004. All five locations reopened on Monday, March 15, 2004, as new
Hancock Bank of Florida branches.
Founded on October 9, 1899, Hancock Bank ranks among the top 4.6 percent of America's financial institutions
for financial strength and stability, according to Veribanc, Inc., and has received a BauerFinancial, Inc.,
five-star superior rating (the highest rating possible) for the past 36 consecutive quarters. Hancock Bank
operates more than 100 full service offices and 140 automated teller machines in South Mississippi and Louisiana
as well as subsidiaries Hancock Investment Services, Inc., Hancock Insurance Agency, Hancock Mortgage
Corporation, Magna Insurance Company, and Harrison Finance Company. Additional corporate information and on-line
banking and bill pay services are available at www.hancockbank.com.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Congress passed the
Private Securities Litigation Act of 1995 in an effort to encourage corporations to provide information
about companies' anticipated future financial performance. This act provides a safe harbor for such
disclosure, which protects the companies from unwarranted litigation if actual results are different from
management expectations. This release contains forward-looking statements and reflects management's
current views and estimates of future economic circumstances, industry conditions, Company performance,
and financial results. These forward-looking statements are subject to a number of factors and
uncertainties which could cause the Company's actual results and experience to differ from the anticipated
results and expectations expressed in such forward-looking statements.
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