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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities    
Net income per consolidated statements of income $ 76,643 $ 55,283
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses, net 6,837 1,514
Depreciation and amortization 19,534 18,729
Net amortization of securities 5,086 5,375
Securities (gains) losses, net 0 (1) [1]
Gains on sales of loans, net (9,999) (8,550)
Deferred income tax provision 4,000 4,200
Proceeds from sales of loans held for sale 525,611 565,150
Purchases and originations of loans held for sale (534,903) (588,773)
Originations of mortgage servicing rights (7,719) (7,497)
Earnings on bank-owned life insurance (2,639) (2,487)
Net change in other assets 7,087 22,130
Net change in other liabilities (2,658) (5,676)
Other operating activities, net (9,478) 2,588
Net cash provided by operating activities 77,402 61,985
Investing Activities    
Proceeds from maturities, prepayments and calls of securities held to maturity 71,817 90,340
Proceeds from maturities, prepayments and calls of securities available for sale 226,479 230,945
Proceeds from sales of securities available for sale 0 26,409
Purchases of securities held to maturity 0 (69,989)
Purchases of securities available for sale (4,159) (292,170)
Net proceeds from bank-owned life insurance 1,586 0
Net change in federal funds sold and securities purchased under reverse repurchase agreements 615 500
Net change in member bank stock 27,114 474
Net change in loans (28,727) (374,640)
Purchases of premises and equipment (6,224) (8,142)
Proceeds from sales of premises and equipment 651 7,696
Proceeds from sales of other real estate 10,681 15,948
Purchases of software (7,359) (2,267)
Investments in tax credit and other partnerships (17) (2,893)
Net cash used in business acquisition 0 (19,775)
Net cash provided by (used in) investing activities 292,457 (397,564)
Financing Activities    
Net change in deposits 494,923 201,221
Net change in federal funds purchased and securities sold under repurchase agreements 8,064 (31,749)
Net change in short-term borrowings (780,816) 192,799
Payments on long-term FHLB advances (33) (33)
Redemption of junior subordinated debt securities 0 (3,000)
Common stock dividends (31,347) (31,397)
Repurchase and retirement of common stock (7,877) 0
Shares withheld to pay taxes, long-term incentive plan (1,422) (1,639)
Net cash provided by (used in) financing activities (318,508) 326,202
Net change in cash and cash equivalents 51,351 (9,377)
Cash and cash equivalents at beginning of period 335,768 327,706
Cash and cash equivalents at end of period $ 387,119 $ 318,329
[1] Trustmark elected the modified retrospective approach of adoption; therefore, prior period balances are presented under legacy GAAP and may not be comparable to current year presentation.