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Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2015
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 of June 30, 2015 and December 31, 2014 as well as the effect of these derivative instruments on Trustmark’s results of operations for the periods presented ($ in thousands):

  
June 30, 2015
  
December 31, 2014
 
Derivatives in hedging relationships
    
Interest rate contracts:
    
Interest rate swaps included in other assets
 
$
(60
)
 
$
221
 
         
Derivatives not designated as hedging instruments
        
Interest rate contracts:
        
Futures contracts included in other assets
 
$
(620
)
 
$
928
 
Exchange traded purchased options included in other assets
  
311
   
253
 
OTC written options (rate locks) included in other assets
  
1,621
   
1,299
 
Interest rate swaps included in other assets
  
2,722
   
2,804
 
Credit risk participation agreements included in other assets
  
18
   
22
 
Forward contracts included in other liabilities
  
(1,957
)
  
1,014
 
Exchange traded written options included in other liabilities
  
742
   
490
 
Interest rate swaps included in other liabilities
  
2,705
   
2,813
 
Credit risk participation agreements included in other liabilities
  
18
   
21
 
Effects of derivative instruments on statements of operations
  
Three Months Ended June 30,
  
Six Months Ended June 30,
 
  
2015
  
2014
  
2015
  
2014
 
Derivatives in hedging relationships
        
Amount of loss recognized from accumulated
other comprehensive loss and recognized in other interest expense
 
$
(209
)
 
$
-
  
$
(421
)
 
$
-
 
Amount of loss recognized in mortgage banking, net
  
-
   
(2,269
)
  
-
   
(4,299
)
                 
Derivatives not designated as hedging instruments
                
Amount of (loss) gain recognized in mortgage banking, net
 
$
(1,594
)
 
$
4,977
  
$
2,956
  
$
8,253
 
Amount of gain (loss) recognized in bank card and other fees
  
118
   
(122
)
  
34
   
(243
)
Schedule of amount included in other comprehensive income (loss) for derivative instruments designated as hedges of cash flows
The following table discloses the amount included in other comprehensive (loss) income for derivative instruments designated as cash flow hedges for the periods presented ($ in thousands):

  
Three Months Ended June 30,
  
Six Months Ended June 30,
 
  
2015
  
2014
  
2015
  
2014
 
Derivatives in cash flow hedging relationship
        
Amount of gain (loss) recognized in other comprehensive income
 
$
174
  
$
(562
)
 
$
(434
)
 
$
(970
)
Information about financial instruments that are eligible for offset in the consolidated balance sheets
Information about financial instruments that are eligible for offset in the consolidated balance sheets as of June 30, 2015 and December 31, 2014 is presented in the following tables ($ in thousands):
 
 Offsetting of Derivative Assets                                         
As of June 30, 2015            
       
Gross Amounts Not Offset in the
Statement of Financial Position
   
  
Gross
Amounts of
Recognized
Assets
  
Gross Amounts Offset
in the Statement of
Financial Position
  
Net Amounts of
Assets presented in
the Statement of
 Financial Position
  
Financial Instruments
  
Cash Collateral Received
  
Net Amount
 
Derivatives
 
$
2,662
  
$
-
  
$
2,662
  
$
(395
) 
$
-
  
$
2,267
 
 
Offsetting of Derivative Liabilities
    
    
  
    
    
    
  
 
As of June 30, 2015
           
        
Gross Amounts Not Offset in the
 Statement of Financial Position
   
  
Gross
Amounts of
Recognized
 Liabilities
  
Gross Amounts Offset
in the Statement of
Financial Position
  
Net Amounts of
 Liabilities presented
 in the Statement of
 Financial Position
  
Financial
Instruments
  
Cash Collateral
 Posted
  
Net Amount
 
Derivatives
 
$
2,705
  
$
-
  
$
2,705
  
$
(395
) 
$
1,029
  
$
1,281
 
 
Offsetting of Derivative Assets
    
   
    
  
    
  
   
    
    
   
 
As of December 31, 2014
        
Gross Amounts Not Offset in the
Statement of Financial Position
   
  
Gross
Amounts of
Recognized
Assets
  
Gross Amounts Offset
in the Statement of
Financial Position
  
Net Amounts of
 Assets presented in
 the Statement of
 Financial Position
  
Financial
Instruments
  
Cash Collateral
 Received
  
Net Amount
 
Derivatives
 
$
3,025
  
$
-
  
$
3,025
  
$
(347
)
 
$
-
  
$
2,678
 
 
Offsetting of Derivative Liabilities
  
   
    
  
    
   
  
    
  
 
As of December 31, 2014
        
Gross Amounts Not Offset in the
Statement of Financial Position
   
  
Gross
Amounts of
Recognized
 Liabilities
  
Gross Amounts Offset
in the Statement of
Financial Position
  
Net Amounts of
Liabilities presented
in the Statement of
Financial Position
  
Financial
Instruments
  
Cash Collateral
Posted
  
Net Amount
 
Derivatives
 
$
2,813
  
$
-
  
$
2,813
  
$
(347
)
 
$
-
  
$
2,466