Fact Sheet

Bailout Bank Bio: Whitney Holding Corporation

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December 08, 2008
Programs: Budget & Tax

Whitney Holding Company logoWhitney Holding Corporation is a bank holding company based in New Orleans, Louisiana. The company is the parent of Whitney National Bank. In early 2007, Whitney completed its acquisition of Signature Financial Holdings, Inc., the parent of Signature Bank and in November 2008, Whitney completed its acquisition of Parish National Corporation, the parent company of Parish National Bank. Whitney Holding will receive $301 million through the Treasury Department’s Capital Purchase Program.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: Whitney Holding Corporation

 

Federal Equity Investment

$301 million

Total Revenue

$787.8 million (2007)
$683.0 million (2008)

Net Income

$151.1 million (2007)
$58.6 million (2008)

Number of Employees

2,474

Corporate Headquarters

New Orleans, Louisiana

Business Sector

Financial

Officers and Directors

John C. Hope III, Chairman of the Board, Chief Executive Officer

John M. Turner Jr., President, Director

Thomas L. Callicutt Jr., Chief Financial Officer, Executive Vice President, Treasurer

Corporate Website

http://www.whitneybank.com

Executive Compensation

Whitney Holding Corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

►Financial Documents

2008-11-26 Whitney Holding 8-K

2008-09-30 Whitney Holding 10-Q

2008 Whitney Holding Proxy

2007 Whitney Holding Annual Report

2007 Whitney Holding 10-K

Federal contracts

No records found at USAspending.gov (last accessed 03/30/2009)

Lobbying reports (if any)

Third Quarter 2008
 
No lobbying reports found

Political Contributions

Center for Responsive Politics (last accessed 12/08/2008)

Related Articles

December 1, 2008 Whitney eligible for federal bank plan help WBXH

December 1, 2008 List Of Cos Planning To Participate In US Govt's TARP CNNMoney

November 26, 2008 Treasury Department approves Whitney Bank's participation in bailout The Times-Picayune

November 24, 2008 Whitney Bank to pay out smallest quarterly dividend since 2003 The Times-Picayune

 

Last Updated March 16, 2009

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