Stock and Incentive Compensation Plans (Tables)

6 Months Ended

Jun. 30, 2014

Stock and Incentive Compensation Plans [Abstract]

Summary of stock and incentive plans' vesting periods and contractual terms

Trustmark’s time-vested awards are granted to Trustmark’s Board of Directors, executive and senior management team.  Time-vested awards are valued utilizing the fair value of Trustmark’s stock at the grant date.  These awards are recognized on the straight-line method over the requisite service period.

The following table summarizes the stock and incentive plans’ vesting periods and contractual terms in years:

	Vesting		Contractual
	Period		Term
Stock option awards - 1997 plan		4		10
Stock option awards - 2005 plan		5		7
Performance awards (includes acheivement shares for grants after 2013)		3		-
Achievement shares from performance grants prior to 2013		3		-
Time-vested awards		3		-

Summary of stock and incentive plan activity

The following tables summarize the stock and incentive plan activity for the periods presented:

	Three Months Ended June 30, 2014
	Stock			Performance		Time-Vested
	Options			Awards		Awards
Outstanding/Nonvested shares or units, beginning of period		99,450			184,133		333,738
Granted		-			-		500
Exercised or released from restriction		-			-		(367	)
Expired		(99,450	)		-		-
Forfeited		-			-		(2,688	)
Outstanding/Nonvested shares or units, end of period		-			184,133		331,183

	Six Months Ended June 30, 2014
	Stock			Performance			Time-Vested
	Options			Awards			Awards
Outstanding/Nonvested shares or units, beginning of period		105,450			160,520			291,634
Granted		-			73,726			104,190
Exercised or released from restriction		-			(38,580	)		(60,706	)
Expired		(105,450	)		-			-
Forfeited		-			(11,533	)		(3,935	)
Outstanding/Nonvested shares or units, end of period		-			184,133			331,183

Compensation expense for stock and incentive plans

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Compensation expense - Stock and Incentive plans:
Performance awards	$	267	$	187	$	530	$	398
Time-vested awards		777		665		1,705		1,476
Total	$	1,044	$	852	$	2,235	$	1,874