Hancock Whitney Corporation · NASDAQ:HWC
Hancock Whitney — Hancock Holding — Gulf South Bank Conference 2012
20 slides from Hancock Whitney's conference presentation, May 14, 2012
Slide 1: Gulf South Bank Conference
Gulf South Bank Conference May 14, 2012 Gulf South Bank Conference May 14, 2012
Slide 2: Carl Chaney, President & CEO
Carl Chaney President & CEO
Slide 3: Whitney Integration Completed
Whitney Integration Completed • Systems integration completed March 16, • Approximately $1.6B of assets transferred • Consolidated 30 branches
Slide 4: A Successful Systems Conversion
A Successful Systems Conversion • Professional consulting groups assisted with the integration • Over 300 associates logged over 1 million hours • Executed almost 13,500 test scripts; completed more than 1,700 separate tasks • Extremely satisfied with the success of the conversion A Successful Syste
Slide 5: A Premier Gulf South Financial Services Franchise
A Premier Gulf South Financial Services Franchise • Diversified footprint across the Gulf South • 2 well-known Gulf Coast brands • Loyal customer base and attractive deposit funding • Diversified revenue stream with strong earnings momentum • Leading market share in key MSAs Whitney Bank Hancock Ban
Slide 6: Michael Achary, Chief Financial Officer
Michael Achary Chief Financial Officer
Slide 7: First Quarter 2012 Earnings Summary
First Quarter 2012 Earnings Summary First Quarter 2012 Earnings Summary * 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, securiti
Slide 8: Retaining Legacy Business; Generating New Business
Retaining Legacy Business; Generating New Business Acquired 45% Retaining Legacy Business; Generating New Business • Total loans $11.1B (Average loans increased $50 million compared to 4Q11) • Loans virtually flat linked-quarter (after adjusting for the decline in the covered Peoples First portfolio
Slide 9: Strong Core Deposit Funding
Strong Core Deposit Funding Strong Core Deposit Funding • Total deposits $15.4B (Average deposits virtually unchanged from 4Q11) • Historically both banks build deposits at year-end with some deposit runoff in the first quarter • Funding mix remained strong – Low cost of funds (38bps); down 6bps fro
Slide 10: Strong, Stable Net Interest Margin
Strong, Stable Net Interest Margin 0.08% 0.24% 0.37% 0.43% Strong, Stable Net Interest Margin • Net interest margin 4.43% up 4bps linked-quarter – Approximately 43bps of the NIM was related to net accretion of Whitney purchase accounting adjustments – Accretion amounts are reevaluated quarterly • Re
Slide 11: Sam Kendricks, Chief Credit Officer
Sam Kendricks Chief Credit Officer
Slide 12: Carl Chaney, President & CEO
Carl Chaney President & CEO
Slide 13: Opportunities For Growth
Opportunities For Growth • Organic/ De Novo Growth • Organic/ De Novo Growth Opportunities For Growth • Live Bank Transactions • Live Bank Transactions • FDIC-Assisted Acquisitions • FDIC-Assisted Acquisitions
Slide 14: Well-Capitalized Company
Well-Capitalized Company • TCE ratio improved to 8.27% from year-end 2011 • TCE ratio target: 8% minimum • Expect to build capital in the near term • Many opportunities to deploy excess capital • Primary: Expansion through organic growth and M&A • Secondary: Stock buybacks or increased dividends Wel
Slide 15: Well Positioned For The Future
Well Positioned For The Future Well Positioned For The Future Premier Gulf South franchise History of effective capital management Superior liquidity Conservative credit culture Enhanced earnings potential Well positioned for future growth Focused on shareholder value creation Notes: 1. As of 12/31/
Slide 16: Gulf South Bank Conference
Gulf South Bank Conference May 14, 2012 Gulf South Bank Conference May 14, 2012
Slide 17: Hance’ Bank Gwin EY
Hance’ Bank Gwin EY
Slide 18: /HITNEY
/HITNEY
Slide 19: Non-GAAP Reconciliation
Non-GAAP Reconciliation Non-GAAP Reconciliation Non-GAAP Reconciliation (amounts in thousands) (unaudited) 3/31/2012 12/31/2011 3/31/2011 Income Statement Interest income $191,716 $196,500 $82,533 Interest income (TE) 194,665 199,453 85,405 Interest expense 15,428 18,131 15,769 Net interest income (
Slide 20: Investor Contacts
Investor Contacts Investor Contacts Investor Contacts Carl J. Chaney – President & CEO carl.chaney@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 www.hancock