Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2012

Derivative Financial Instruments [Abstract]

Fair value of derivative instruments

The following tables disclose the fair value of derivative instruments in Trustmark's balance sheets as well as the effect of these derivative instruments on Trustmark's results of operations for the periods presented ($ in thousands):

	September 30,		December 31,
	2012		2011
Derivatives in hedging relationships
Interest rate contracts:
Forward contracts included in other liabilities	$	7,496	$	2,217
Derivatives not designated as hedging instruments
Interest rate contracts:
Futures contracts included in other assets	$	740	$	986
Exchange traded purchased options included in other assets		89		144
OTC written options (rate locks) included in other assets		4,305		702
Interest rate swaps included in other assets		5,114		1,689
Credit risk participation agreements included in other assets		24		-
Exchange traded written options included in other liabilities		315		694
Interest rate swaps included in other liabilities		5,368		1,769

Effects of derivative instruments on statements of operations

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Derivatives in hedging relationships
Amount of loss recognized in mortgage banking, net	$	(4,212	)	$	(3,570	)	$	(5,279	)	$	(6,845	)
Derivatives not designated as hedging instruments
Amount of gain recognized in mortgage banking, net	$	2,883		$	12,092		$	9,913		$	18,246
Amount of loss recognized in bankcard and other fees		(85	)		(23	)		(246	)		(38	)