Stock and Incentive Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2013

Stock and Incentive Compensation Plans [Abstract]

Stock option activity

The following table summarizes Trustmark’s stock option activity for 2013, 2012 and 2011:

	2013					2012					2011
				Average					Average					Average
				Option					Option					Option
Options	Shares			Price		Shares			Price		Shares			Price
Outstanding, beginning of year		699,600		$	27.58		1,205,100		$	27.31		1,311,925		$	27.03
Granted		-			-		-			-		-			-
Exercised		(187,300	)		26.96		(11,125	)		24.09		(69,525	)		21.68
Expired		(406,850	)		27.90		(494,375	)		27.01		(36,000	)		27.71
Forfeited		-			-		-			-		(1,300	)		31.55
Outstanding, end of year		105,450			27.43		699,600			27.58		1,205,100			27.31
Exercisable, end of year		105,450			27.43		699,600			27.58		1,205,100			27.31
Aggregate Intrinsic Value
Outstanding, end of year	$	-				$	-				$	44,365
Exercisable, end of year	$	-				$	-				$	44,365

Stock options by ranges of exercise prices

The following table presents information on stock options by ranges of exercise prices at December 31, 2013:

Options Outstanding								Options Exercisable
				Weighted-		Weighted-				Weighted-		Weighted-
		Outstanding		Average		Average		Exercisable		Average		Average
Range of		December 31,		Remaining Years		Exercise		December 31,		Remaining Years		Exercise
Exercise Prices		2013		To Expiration		Price		2013		To Expiration		Price
$	25.88 - $29.11		99,450		0.3	$	27.31		99,450		0.3	$	27.31
$	29.11 - $32.35		6,000		0.2		29.38		6,000		0.2		29.38
			105,450		0.3		27.43		105,450		0.3		27.43

Restricted stock grants

The following table summarizes Trustmark’s performance award activity during years ended December 31, 2013, 2012 and 2011:

	2013					2012					2011
				Weighted-					Weighted-					Weighted-
				Average					Average					Average
				Grant-Date					Grant-Date					Grant-Date
	Shares			Fair Value		Shares			Fair Value		Shares			Fair Value
Nonvested shares, beginning of year		159,583		$	24.26		179,421		$	20.30		210,797		$	20.30
Granted		62,119			23.65		55,295			25.66		53,863			25.40
Released from restriction		(54,784	)		24.15		(72,632	)		21.38		(84,338	)		20.00
Forfeited		(6,398	)		25.42		(2,501	)		24.70		(901	)		23.82
Nonvested shares, end of year		160,520			25.20		159,583			24.26		179,421			20.30

The following table summarizes Trustmark’s time-vested award activity during years ended December 31, 2013, 2012 and 2011:

	2013					2012					2011
				Weighted-					Weighted-					Weighted-
				Average					Average					Average
				Grant-Date					Grant-Date					Grant-Date
	Shares			Fair Value		Shares			Fair Value		Shares			Fair Value
Nonvested shares, beginning of year		317,573		$	23.28		334,356		$	21.04		343,469		$	20.33
Granted		112,964			24.47		141,616			24.66		157,178			24.15
Released from restriction		(122,727	)		24.40		(151,331	)		23.14		(160,447	)		20.46
Forfeited		(16,176	)		25.14		(7,068	)		24.14		(5,844	)		20.17
Nonvested shares, end of year		291,634			24.48		317,573			23.28		334,356			21.04

Compensation expense for all stock and incentive plans

The following table presents information regarding compensation expense for all stock and incentive plans for the periods presented ($ in thousands):

									Weighted
									Average Life
	Recognized Compensation Expense						Unrecognized		of Unrecognized
	for Years Ended December 31,						Compensation		Compensation
	2013		2012		2011		Expense		Expense
Stock option-based awards	$	-	$	-	$	100	$	-		-
Performance awards		825		868		855		955		1.70
Time-vested awards		2,774		3,105		2,835		3,102		1.80
RSU award		-		-		184		-		-
Total stock and incentive plan compensation expense	$	3,599	$	3,973	$	3,974	$	4,057