XML 56 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating Activities      
Net income $ 123,562us-gaap_NetIncomeLoss $ 117,060us-gaap_NetIncomeLoss $ 117,283us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses, net 7,382us-gaap_ProvisionForLoanLeaseAndOtherLosses (7,382)us-gaap_ProvisionForLoanLeaseAndOtherLosses 12,294us-gaap_ProvisionForLoanLeaseAndOtherLosses
Depreciation and amortization 36,072us-gaap_DepreciationAmortizationAndAccretionNet 37,153us-gaap_DepreciationAmortizationAndAccretionNet 29,275us-gaap_DepreciationAmortizationAndAccretionNet
Net amortization of securities 7,701us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments 6,427us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments 7,008us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments
Securities gains, net (300)us-gaap_GainLossOnSaleOfInvestments (485)us-gaap_GainLossOnSaleOfInvestments (1,059)us-gaap_GainLossOnSaleOfInvestments
Gains on sales of loans, net (10,762)us-gaap_GainLossOnSaleOfLoansAndLeases (26,422)us-gaap_GainLossOnSaleOfLoansAndLeases (33,918)us-gaap_GainLossOnSaleOfLoansAndLeases
Bargain purchase gain on acquisitions 0us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount 0us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount (3,635)us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
Deferred income tax provision (benefit) 18,700us-gaap_DeferredIncomeTaxExpenseBenefit 21,163us-gaap_DeferredIncomeTaxExpenseBenefit (8,452)us-gaap_DeferredIncomeTaxExpenseBenefit
Proceeds from sales of loans held for sale 924,289us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale 1,383,967us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale 1,849,712us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale
Purchases and originations of loans held for sale (893,569)us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale (1,270,460)us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale (1,856,293)us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale
Originations and sales of mortgage servicing rights, net (12,293)us-gaap_ServicingAssetAtFairValueAdditions (18,481)us-gaap_ServicingAssetAtFairValueAdditions (23,253)us-gaap_ServicingAssetAtFairValueAdditions
Increase in bank-owned life insurance (4,728)us-gaap_BankOwnedLifeInsuranceIncome (1,446)us-gaap_BankOwnedLifeInsuranceIncome (423)us-gaap_BankOwnedLifeInsuranceIncome
Net decrease (increase) in other assets 4,886us-gaap_IncreaseDecreaseInOtherOperatingAssets 54,885us-gaap_IncreaseDecreaseInOtherOperatingAssets (15,241)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Net (decrease) increase in other liabilities (6,010)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (2,319)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 16,482us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Other operating activities, net 16,337us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 7,523us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 22,497us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash provided by operating activities 211,267us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 301,183us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 112,277us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Investing Activities      
Proceeds from calls and maturities of securities held to maturity 93,471us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities 13,374us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities 15,534us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
Proceeds from calls and maturities of securities available for sale 405,186us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 766,858us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 917,316us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Proceeds from sales of securities available for sale 56,814us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities 227,930us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities 34,826us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
Purchases of securities held to maturity (90,114)us-gaap_PaymentsToAcquireHeldToMaturitySecurities (35,045)us-gaap_PaymentsToAcquireHeldToMaturitySecurities 0us-gaap_PaymentsToAcquireHeldToMaturitySecurities
Purchases of securities available for sale (631,713)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (1,227,860)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (1,122,480)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Purchase of bank owned life insurance 0us-gaap_PaymentsToAcquireLifeInsurancePolicies (100,000)us-gaap_PaymentsToAcquireLifeInsurancePolicies 0us-gaap_PaymentsToAcquireLifeInsurancePolicies
Net decrease (increase) in federal funds sold and securities purchased under reverse repurchase agreements 5,368us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet (207)us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet 2,212us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet
Net (increase) decrease in loans (437,240)us-gaap_PaymentsForProceedsFromLoansAndLeases 18,266us-gaap_PaymentsForProceedsFromLoansAndLeases 250,508us-gaap_PaymentsForProceedsFromLoansAndLeases
Purchases of premises and equipment (12,389)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (15,989)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (17,172)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sales of premises and equipment 4,641us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 4,168us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 4us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Proceeds from sales of other real estate 48,119us-gaap_ProceedsFromSaleOfForeclosedAssets 46,267us-gaap_ProceedsFromSaleOfForeclosedAssets 34,992us-gaap_ProceedsFromSaleOfForeclosedAssets
Investments in tax credit and other partnerships (5,435)us-gaap_PaymentsToAcquireOtherInvestments (45,766)us-gaap_PaymentsToAcquireOtherInvestments (20,152)us-gaap_PaymentsToAcquireOtherInvestments
Distributions received for investments in tax credit and other partnerships 7,037trmk_DistributionsReceivedForOtherInvestments 0trmk_DistributionsReceivedForOtherInvestments 0trmk_DistributionsReceivedForOtherInvestments
Net cash received in business combination 0us-gaap_CashAcquiredFromAcquisition 89,037us-gaap_CashAcquiredFromAcquisition 78,151us-gaap_CashAcquiredFromAcquisition
Net cash (used in) provided by investing activities (556,255)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (258,967)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 173,739us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Financing Activities      
Net (decrease) increase in deposits (161,544)us-gaap_IncreaseDecreaseInDeposits 223,131us-gaap_IncreaseDecreaseInDeposits 121,358us-gaap_IncreaseDecreaseInDeposits
Net increase (decrease) in federal funds purchased and securities sold under repurchase agreements 191,956us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet (37,242)us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet (315,671)us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
Net increase (decrease) in short-term borrowings 348,920us-gaap_ProceedsFromRepaymentsOfShortTermDebt (20,858)us-gaap_ProceedsFromRepaymentsOfShortTermDebt (1,641)us-gaap_ProceedsFromRepaymentsOfShortTermDebt
Payments on long-term FHLB advances (156)us-gaap_PaymentsForFederalHomeLoanBankAdvances (531)us-gaap_PaymentsForFederalHomeLoanBankAdvances 0us-gaap_PaymentsForFederalHomeLoanBankAdvances
Redemption of junior subordinated debt securities 0us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock (33,000)us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock 0us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock
Common stock dividends (62,474)us-gaap_PaymentsOfDividendsCommonStock (62,276)us-gaap_PaymentsOfDividendsCommonStock (59,961)us-gaap_PaymentsOfDividendsCommonStock
Common stock issued-net, long-term incentive plan (1,307)us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans 3,640us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans (1,318)us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
Excess tax (expense) benefit from stock-based compensation arrangements (195)us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities (808)us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 81us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net cash provided by (used in) financing activities 315,200us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 72,056us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (257,152)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
(Decrease) Increase in cash and cash equivalents (29,788)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 114,272us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 28,864us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 345,761us-gaap_CashAndCashEquivalentsAtCarryingValue 231,489us-gaap_CashAndCashEquivalentsAtCarryingValue 202,625us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of year $ 315,973us-gaap_CashAndCashEquivalentsAtCarryingValue $ 345,761us-gaap_CashAndCashEquivalentsAtCarryingValue $ 231,489us-gaap_CashAndCashEquivalentsAtCarryingValue