XML 59 R41.htm IDEA: XBRL DOCUMENT v3.22.4
Revenue from Contracts with Customers (Tables)
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Summary of Noninterest Income Disaggregated by Reportable Operating Segment and Revenue Stream

The following table presents noninterest income disaggregated by reportable operating segment and revenue stream for the periods presented ($ in thousands):

 

 

 

Year Ended December 31, 2022

 

 

Year Ended December 31, 2021

 

 

Year Ended December 31, 2020

 

 

 

Topic 606

 

 

Not Topic
606
(1)

 

 

Total

 

 

Topic 606

 

 

Not Topic
606
(1)

 

 

Total

 

 

Topic 606

 

 

Not Topic
606
(1)

 

 

Total

 

General Banking
   Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on
   deposit accounts

 

$

42,073

 

 

$

 

 

$

42,073

 

 

$

33,169

 

 

$

 

 

$

33,169

 

 

$

32,213

 

 

$

 

 

$

32,213

 

Bank card and other fees

 

 

31,474

 

 

 

4,584

 

 

 

36,058

 

 

 

30,897

 

 

 

3,727

 

 

 

34,624

 

 

 

27,398

 

 

 

3,594

 

 

 

30,992

 

Mortgage banking, net

 

 

 

 

 

28,306

 

 

 

28,306

 

 

 

 

 

 

63,750

 

 

 

63,750

 

 

 

 

 

 

125,822

 

 

 

125,822

 

Wealth management

 

 

639

 

 

 

 

 

 

639

 

 

 

48

 

 

 

 

 

 

48

 

 

 

254

 

 

 

 

 

 

254

 

Other, net

 

 

8,469

 

 

 

805

 

 

 

9,274

 

 

 

6,621

 

 

 

(338

)

 

 

6,283

 

 

 

7,432

 

 

 

978

 

 

 

8,410

 

Total noninterest
   income

 

$

82,655

 

 

$

33,695

 

 

$

116,350

 

 

$

70,735

 

 

$

67,139

 

 

$

137,874

 

 

$

67,297

 

 

$

130,394

 

 

$

197,691

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wealth Management
   Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on
   deposit accounts

 

$

84

 

 

$

 

 

$

84

 

 

$

77

 

 

$

 

 

$

77

 

 

$

76

 

 

$

 

 

$

76

 

Bank card and other fees

 

 

47

 

 

 

 

 

 

47

 

 

 

38

 

 

 

 

 

 

38

 

 

 

30

 

 

 

 

 

 

30

 

Wealth management

 

 

34,374

 

 

 

 

 

 

34,374

 

 

 

35,142

 

 

 

 

 

 

35,142

 

 

 

31,371

 

 

 

 

 

 

31,371

 

Other, net

 

 

528

 

 

 

39

 

 

 

567

 

 

 

130

 

 

 

33

 

 

 

163

 

 

 

107

 

 

 

50

 

 

 

157

 

Total noninterest
   income

 

$

35,033

 

 

$

39

 

 

$

35,072

 

 

$

35,387

 

 

$

33

 

 

$

35,420

 

 

$

31,584

 

 

$

50

 

 

$

31,634

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance commissions

 

$

53,721

 

 

$

 

 

$

53,721

 

 

$

48,511

 

 

$

 

 

$

48,511

 

 

$

45,176

 

 

$

 

 

$

45,176

 

Other, net

 

 

1

 

 

 

 

 

 

1

 

 

 

105

 

 

 

 

 

 

105

 

 

 

92

 

 

 

 

 

 

92

 

Total noninterest
   income

 

$

53,722

 

 

$

 

 

$

53,722

 

 

$

48,616

 

 

$

 

 

$

48,616

 

 

$

45,268

 

 

$

 

 

$

45,268

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on
   deposit accounts

 

$

42,157

 

 

$

 

 

$

42,157

 

 

$

33,246

 

 

$

 

 

$

33,246

 

 

$

32,289

 

 

$

 

 

$

32,289

 

Bank card and other fees

 

 

31,521

 

 

 

4,584

 

 

 

36,105

 

 

 

30,935

 

 

 

3,727

 

 

 

34,662

 

 

 

27,428

 

 

 

3,594

 

 

 

31,022

 

Mortgage banking, net

 

 

 

 

 

28,306

 

 

 

28,306

 

 

 

 

 

 

63,750

 

 

 

63,750

 

 

 

 

 

 

125,822

 

 

 

125,822

 

Insurance commissions

 

 

53,721

 

 

 

 

 

 

53,721

 

 

 

48,511

 

 

 

 

 

 

48,511

 

 

 

45,176

 

 

 

 

 

 

45,176

 

Wealth management

 

 

35,013

 

 

 

 

 

 

35,013

 

 

 

35,190

 

 

 

 

 

 

35,190

 

 

 

31,625

 

 

 

 

 

 

31,625

 

Other, net

 

 

8,998

 

 

 

844

 

 

 

9,842

 

 

 

6,856

 

 

 

(305

)

 

 

6,551

 

 

 

7,631

 

 

 

1,028

 

 

 

8,659

 

Total noninterest
   income

 

$

171,410

 

 

$

33,734

 

 

$

205,144

 

 

$

154,738

 

 

$

67,172

 

 

$

221,910

 

 

$

144,149

 

 

$

130,444

 

 

$

274,593

 

(1)
Noninterest income not in scope for FASB ASC Topic 606 includes customer derivatives revenue and miscellaneous credit card income within bank card and other fees; mortgage banking, net; amortization of tax credits, accretion of the FDIC indemnification asset, cash surrender value on various life insurance policies, earnings on Trustmark’s non-qualified deferred compensation plans, other partnership investments and rental income within other, net; and securities gains (losses), net.