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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 634,402 $ 567,251
Securities available for sale, at fair value (amortized cost: $1,762,504 - 2025 $1,719,537-2024; allowance for credit losses (ACL): $0) 1,782,092 1,692,534
Securities held to maturity, net of ACL of $0 (fair value: $1,247,682 - 2025; $1,259,107-2024) 1,290,572 1,335,385
Loans held for sale (LHFS) 219,649 200,307
Loans held for investment (LHFI) 13,464,780 13,089,942
Less ACL, LHFI 168,237 160,270
Net LHFI 13,296,543 12,929,672
Premises and equipment, net 228,964 235,410
Mortgage servicing rights (MSR) 132,702 139,317
Goodwill 334,605 334,605
Other real estate, net 8,972 5,917
Operating lease right-of-use assets 34,016 34,668
Other assets [1] 653,142 677,356
Total Assets 18,615,659 18,152,422
Deposits:    
Noninterest-bearing 3,135,435 3,073,565
Interest-bearing 11,980,426 12,034,610
Total deposits 15,115,861 15,108,175
Federal funds purchased and securities sold under repurchase agreements 456,326 324,008
Other borrowings 558,654 301,541
Subordinated notes 123,812 123,702
Junior subordinated debt securities 61,856 61,856
ACL on off-balance sheet credit exposures 25,891 29,392
Operating lease liabilities 38,091 38,698
Other liabilities 164,379 202,723
Total Liabilities 16,544,870 16,190,095
Shareholders' Equity    
Authorized: 250,000,000 shares Issued and outstanding: 60,401,684 shares-2025; 61,008,023 shares -2024 12,585 12,711
Capital surplus 133,195 157,899
Retained earnings 1,955,498 1,875,376
Accumulated other comprehensive income (loss), net of tax (30,489) (83,659)
Total Shareholders' Equity 2,070,789 1,962,327
Total Liabilities and Shareholders' Equity $ 18,615,659 $ 18,152,422
[1]

(1) During the first quarter of 2025, Trustmark reclassified its identifiable intangible assets, net to other assets. The prior period has been reclassified accordingly.