Hancock Whitney Corporation - 6 8K Other Events | HWC 2 Aug 11

Exhibit 99.1

Hancock Holding Company

Keefe, Bruyette & Woods

2011 Community Bank Conference

August 2, 2011

Carl J. Chaney
President & CEO

Forward-Looking Statements

During this presentation we may make forward-looking statements.

Forward-looking statements provide projections of results of operations or of financial
condition or state other forward-looking information, such as expectations about
future conditions and descriptions of plans and strategies for the future. Hancock’s
ability to accurately project results or predict the effects of future plans or strategies is
inherently limited.

We believe that the expectations reflected in the forward-looking statements are based
on reasonable assumptions, but actual results and performance could differ materially
from those set forth in the forward-looking statements. Factors that could cause
actual results to differ from those expressed in the Company's forward-looking
statements include, but are not limited to, those outlined in Hancock's SEC filings,
including the “Risk Factors” section of the Company’s form 10-K and 10-Q.

Hancock does not intend, and undertakes no obligation, to update or revise any
forward-looking statements, and you are cautioned not to place undue reliance on
such forward-looking statements.

Whitney Acquisition Complete

• Closed June 4, 2011

• Purchase price $1.6B

• $308 million paid to the U.S. Treasury for Whitney’s preferred stock and warrants

• 40.8 million shares of Hancock common stock issued for Whitney’s outstanding
common stock

• Added $11.7B in assets, $6.5B in loans and $9.2B in deposits

• Pre-tax restructuring charge approximately $125 million

• Confirmed credit mark

• $463 million, or 6.7%, loan mark on Whitney’s loan portfolio

• (Significant losses already taken by Whitney from 2008 through 1Q11)

• Outlook is very positive and exciting

The New Hancock

Whitney Acquisition Solidifies Premier Gulf South
Financial Services Franchise

Strategic Rationale

ü Leadership Position in the Gulf South

ü Diversified Revenue Stream with Strong Earnings Momentum, Loyal Customer Base and Attractive Deposit Funding

ü Employer of Choice, with Complimentary, Conservative Culture

ü Commanding presence in attractive markets that we know

Attractive Returns

ü Highly accretive upon realization of identified cost savings

ü 1.20+ ROAs

ü Potentially significant revenue synergies from Insurance, Cash Management, Trust, etc. are not factored in

ü Stronger internal capital generation will enable strategic and capital management flexibility

Low Risk Transaction

ü 100 years in the making

ü Markets we know and understand

ü Credit exposure “de-risked” through upfront purchase accounting mark

ü Maintaining a very strong balance sheet - capital / liquidity

ü Leadership in place and on the same page

Diversified Footprint Across The Gulf
South

As of June 30, 2011

Hancock

Whitney

Leading Position In Key Markets;
Building A Presence In Other Attractive Markets

• 2-bank Holding Company

– Hancock Bank

– Whitney Bank

• 5-state footprint

• $20B in assets

• $11B in loans

• $16B in deposits

• ~300 branches

• ~400 ATMs

• ~5,000 employees

Michael M. Achary
CFO

Purchase Accounting Items

• Impact of the acquisition is reflected in 2Q11 financial
information from the acquisition date, or only 26 days

• Whitney’s balance sheet was “marked” to fair value at acquisition

• Whitney’s allowance for loan losses at acquisition date of $208
million was not carried forward and the loan portfolio was
reduced, or “marked” $463 million

• Total nonaccrual loans and past due accruing loans do not include
purchased credit impaired loans which were written down to fair
value

2Q11 Financial Results

* A reconciliation of net income to operating income and pre-tax, pre-provision income is included in the appendix.

** Noninterest expense as a percent of total revenue (TE) before amortization of purchased intangibles and securities transactions and merger expenses.

($s in millions)	2Q11	1Q11	2Q10
Operating Income*	$26.6	$16.4	$7.6
Operating E.P.S. (diluted)*	$.48	$.44	$.21
Return on Assets (operating)*	0.92%	0.81%	0.36%
Net Income	$12.1	$15.3	$6.5
Earnings Per Share (diluted)	$.22	$.41	$.17
Pre-Tax, Pre-Provision Income*	$49.5	$32.4	$35.8
Net Interest Margin	4.11%	3.97%	3.87%
Net Charge-offs	0.49%	0.57%	1.11%
Tangible Common Equity	8.09%	11.94%	9.32%
Noninterest income (excluding securities transactions) as a percent of revenue (TE)	31.43%	32.93%	33.23%
Efficiency Ratio**	65.62%	68.21%	65.64%

As of June 30, 2011

Balanced Loan Portfolio

• Total loans of $11.2B at June 30, 2011

• $463 million (6.7%) loan discount (“mark”)

• Balanced Portfolio

– C&I Exposure 45%

– CRE Exposure 28%

– Mortgage & Consumer Exposure 27%

• Positioned for rising rates

As of June 30, 2011

Strong Core Deposit Funding

• Total deposits of $15.6B at June 30, 2011

• $9.2B of deposits acquired from Whitney

• Lower cost of funds for the combined
company

• Impact from Whitney’s favorable deposit
mix

– Noninterest bearing demand deposits (DDA)
comprised 31% of total period-end deposits
compared to 18% at 3/31/11

• Approximately $3B in CDs maturing over
the next 4 quarters

As of June 30, 2011

Improved Net Interest Margin

• 2Q11 net interest margin 4.11%

• Reflects a favorable shift in funding sources and a decline in funding
costs, partly offset by a less than favorable shift in earning asset mix

• Approximately 6bps of the NIM was related to net accretion of purchase
accounting adjustments (26 days)

– $2.8 million related to the loan mark accretion

– Balance related to amortization of securities and CD portfolio

• Accretion of the loan discount and amortization of the fair value
adjustments on the securities and CD portfolios will continue to impact
the NIM and net interest income in future quarters

As of June 30, 2011

Credit Quality Metrics Remain Solid

• Allowance for loan losses was $112.4 million at June 30, 2011, up $18
million from March 31, 2011

• Increase related to an $18 million provision for FDIC covered loans offset by $17.1
million of FDIC loss share coverage

• Provision for loan losses was $9.1 million

• $8.2 million for non-covered loans

• $0.9 million for FDIC covered loans

• Net charge-offs totaled $8.2 million

• ALLL/loans was 1.95% (excluding the impact of the Whitney acquired loans and FDIC covered
loans)

• Increase in nonperforming assets was related to the addition of Whitney’s
ORE portfolio

As of June 30, 2011

Noninterest Income

• Noninterest income totaled $46.7 million in 2Q11

– Whitney’s fee income totaled approximately $8.2 million (26 days)

– Additional $3 million of interest accretion on the FDIC receivable from the
Peoples First acquisition

– Seasonal increase in insurance fees related to annual policy renewals

• Impact from new interchange rates related to the Durbin amendment could
lower noninterest income by:

– Approximately $2 - $3 million for the remainder of 2011

– Approximately $15 - $18 million in 2012

• Cross-sell opportunities expected to generate additional fee income

As of June 30, 2011

Noninterest Expense

• Noninterest expense totaled $121.4 million in 2Q11

– Merger-related expenses totaled $22.2 million

– Hancock’s operating expenses totaled approximately $72 million

– Whitney’s operating expenses totaled approximately $26 million (26 days)
(normalized = $30 million/month)

– Amortization of intangibles totaled $1.6 million

($1 million related to Whitney acquisition)

• Results included approximately $4 million in cost synergies

• Expect approximately $4.5 million per quarter in total amortization of intangibles

As of June 30, 2011

Illustrative Core Earnings Potential

Notes:

1. Based on 3.0% annual growth

2. As of 6/30/2011

n Elimination of Whitney credit expenses

n Approximately $3 billion of CDs repricing
over the next 4 quarters (avg. cost 1.29%)

n Investment of excess liquidity (25 bps)
($400 million invested at the end of 2Q11)

n 72% loans/deposits at 6/30/11

n Increase in interest rates
(Asset sensitive balance sheet)

n Revenue synergies
(Insurance, Trust, Cards, Cash Management)

Potential Additional Earnings Levers

Earnings Potential

Assumed ROA*

($ millions)

1.20%

1.30%

Avg. Assets in 2013

(1)

$21.1B

Implied Net Income

$254

$275

Shares outstanding (millions)

(2)

84.7

Pro Forma EPS

$3.00

$3.25

* Includes only projected cost synergies

Carl J. Chaney
President & CEO

Integration Update

• Integration continues to progress as scheduled

• Professional consulting groups have been assisting with the
integration

• Main systems conversion currently scheduled for 1Q12

• To-date merger costs have totaled $24 million

• Customer and employee retention is a priority

• No major customer relationship lost as a result of the merger

As of June 30, 2011

Expected Cost Savings On Track

ü Remain confident we will meet total projected cost saves of
$134 million

ü Realized approximately $4 million in cost synergies from
acquisition date through the end of second quarter 2011

ü Timeline for synergies remains on track

• Cost saves phased in (15% in 2011; 80% in 2012; 100% thereafter)

As of June 30, 2011

Potential Cross-Sell Opportunities

ü Hancock Insurance Agency /
Private Banking

ü Trust Services

• Top 10 U.S. ranking

ü Hancock Investment Services

Accelerates product development

Scaled opportunity

Broaden C&I scope

Louisiana based commercial
cross sell

Personal & corporate trust

Mature sales process

ü Treasury Services / cash management

ü Merchant Services

ü Banking business owners

n Conservative approach to banking since 1899

― 50 years of continuous profitability

― Never missed or lowered our dividend

n Our culture defines how we run our bank

― Commitment to strong capital

― Superior asset quality

― Superior liquidity / low loan to deposit ratio

― No exotic securities

― Did not take TARP

n Experienced and stable management team

n A safe harbor in times of distress

Honor & Integrity

Strength & Stability

Commitment

to Service

Teamwork

Personal

Responsibility

Proud History of Conservative Banking

Conservative Credit Culture Will Continue

§ Hancock’s conservative credit culture was key during the most
recent credit cycle

§ That conservative credit culture will continue to exist post merger

§ During 2010 Whitney established and implemented a culture and
review process similar to Hancock’s

§ Lenders and credit analysts trained

§ Credit review took a leading role

Investment Highlights

n Creates dominant Gulf South leader

n History of effective capital management

n Superior liquidity

n Excellent asset quality and conservative culture

n Management and leadership in place

n Focused on integration

n Enhanced earnings potential

n Well positioned for future growth

n Focused on shareholder value creation

10-Year Total Return (1)

Notes:

1. As of 6/30/2011

2. KRX index of 50 regional U.S. banks

3. BKX index of 24 large-cap U.S. banks

Large Cap

Peers (3)

Regional
Peers (2)

S&P 500

Index

171%

38%

31%

(2%)

(50)

100

150

200

Questions?

Hancock Holding Company

Keefe, Bruyette & Woods

2011 Community Bank Conference

August 2, 2011

Appendix

Non-GAAP Reconciliation

Investor Contacts

Carl J. Chaney - President & CEO

carl_chaney@hancockbank.com

Michael M. Achary - EVP & CFO

michael_achary@hancockbank.com

Trisha Voltz Carlson - SVP, Investor Relations

trisha_carlson@hancockbank.com

Hancock Holding Company

P.O. Box 4019, Gulfport, MS 39502

Phone: 228.868.4000 or 1.800.522.6542

HancockBank.com

Hancock Whitney Corporation - 6 (HWC) 8-KOther Events