Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Summary of Noninterest Income Disaggregated by Reportable Operating Segment and Revenue Stream

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

	Three Months Ended June 30, 2023							Three Months Ended June 30, 2022
	Topic 606		Not Topic 606 (1)			Total		Topic 606		Not Topic 606 (1)		Total
General Banking Segment
Service charges on deposit accounts	$	10,673	$	—		$	10,673	$	10,205	$	—	$	10,205
Bank card and other fees		8,036		868			8,904		8,665		1,490		10,155
Mortgage banking, net		—		6,600			6,600		—		8,149		8,149
Wealth management		215		—			215		181		—		181
Other, net		2,932		(329	)		2,603		1,855		—		1,855
Total noninterest income	$	21,856	$	7,139		$	28,995	$	20,906	$	9,639	$	30,545
Wealth Management Segment
Service charges on deposit accounts	$	22	$	—		$	22	$	21	$	—	$	21
Bank card and other fees		13		—			13		12		—		12
Wealth management		8,667		—			8,667		8,921		—		8,921
Other, net		36		96			132		33		12		45
Total noninterest income	$	8,738	$	96		$	8,834	$	8,987	$	12	$	8,999
Insurance Segment
Insurance commissions	$	14,764	$	—		$	14,764	$	13,702	$	—	$	13,702
Other, net		960		—			960		7		—		7
Total noninterest income	$	15,724	$	—		$	15,724	$	13,709	$	—	$	13,709
Consolidated
Service charges on deposit accounts	$	10,695	$	—		$	10,695	$	10,226	$	—	$	10,226
Bank card and other fees		8,049		868			8,917		8,677		1,490		10,167
Mortgage banking, net		—		6,600			6,600		—		8,149		8,149
Insurance commissions		14,764		—			14,764		13,702		—		13,702
Wealth management		8,882		—			8,882		9,102		—		9,102
Other, net		3,928		(233	)		3,695		1,895		12		1,907
Total noninterest income	$	46,318	$	7,235		$	53,553	$	43,602	$	9,651	$	53,253

(1)Noninterest income not in scope for FASB ASC Topic 606 includes customer derivatives revenue and miscellaneous credit card fee 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 security gains (losses), net.

	Six Months Ended June 30, 2023							Six Months Ended June 30, 2022
	Topic 606		Not Topic 606 (1)			Total		Topic 606			Not Topic 606 (1)		Total
General Banking Segment
Service charges on deposit accounts	$	20,988	$	—		$	20,988	$	19,636		$	—	$	19,636
Bank card and other fees		15,679		1,017			16,696		16,082			2,505		18,587
Mortgage banking, net		—		14,239			14,239		—			18,022		18,022
Wealth management		448		—			448		205			—		205
Other, net		5,920		(937	)		4,983		4,373			657		5,030
Total noninterest income	$	43,035	$	14,319		$	57,354	$	40,296		$	21,184	$	61,480
Wealth Management Segment
Service charges on deposit accounts	$	43	$	—		$	43	$	41		$	—	$	41
Bank card and other fees		24		—			24		22			—		22
Wealth management		17,214		—			17,214		17,951			—		17,951
Other, net		81		191			272		65			19		84
Total noninterest income	$	17,362	$	191		$	17,553	$	18,079		$	19	$	18,098
Insurance Segment
Insurance commissions	$	29,069	$	—		$	29,069	$	27,791		$	—	$	27,791
Other, net		954		—			954		(1	)		—		(1	)
Total noninterest income	$	30,023	$	—		$	30,023	$	27,790		$	—	$	27,790
Consolidated
Service charges on deposit accounts	$	21,031	$	—		$	21,031	$	19,677		$	—	$	19,677
Bank card and other fees		15,703		1,017			16,720		16,104			2,505		18,609
Mortgage banking, net		—		14,239			14,239		—			18,022		18,022
Insurance commissions		29,069		—			29,069		27,791			—		27,791
Wealth management		17,662		—			17,662		18,156			—		18,156
Other, net		6,955		(746	)		6,209		4,437			676		5,113
Total noninterest income	$	90,420	$	14,510		$	104,930	$	86,165		$	21,203	$	107,368

(1)Noninterest income not in scope for FASB ASC Topic 606 includes customer derivatives revenue and miscellaneous credit card fee 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 security gains (losses), net.