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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest Income        
Interest and fees on LHFS & LHFI $ 102,980 $ 89,112 $ 291,362 $ 253,507
Interest and fees on acquired loans 4,033 6,625 13,932 18,077
Interest on securities:        
Taxable 16,186 19,291 50,586 57,865
Tax exempt 518 717 1,748 2,328
Interest on federal funds sold and securities purchased under reverse repurchase agreements 3 14 10 26
Other interest income 1,050 355 3,038 993
Total Interest Income 124,770 116,114 360,676 332,796
Interest Expense        
Interest on deposits 14,972 6,381 36,602 15,433
Interest on federal funds purchased and securities sold under repurchase agreements 1,348 1,301 3,260 3,036
Other interest expense 1,467 4,520 6,574 10,821
Total Interest Expense 17,787 12,202 46,436 29,290
Net Interest Income 106,983 103,912 314,240 303,506
Provision for loan losses, LHFI 8,673 3,672 15,801 9,355
Provision for loan losses, acquired loans (467) (1,653) (758) (5,822)
Net Interest Income After Provision for Loan Losses 98,777 101,893 299,197 299,973
Noninterest Income        
Service charges on deposit accounts 11,075 11,223 [1] 32,579 32,810 [1]
Bank card and other fees 7,459 7,150 [1] 21,155 21,020 [1]
Mortgage banking, net 8,647 4,425 [1] 28,958 23,618 [1]
Insurance commissions 10,765 10,398 [1] 30,919 29,355 [1]
Wealth management 7,789 7,530 [1] 22,834 22,617 [1]
Other, net 1,358 3,740 [1] 4,832 11,268 [1]
Security gains (losses), net   14 [1] 0 15 [1]
Total Noninterest Income 47,093 44,480 [1] 141,277 140,703 [1]
Noninterest Expense        
Salaries and employee benefits 60,847 57,871 179,297 170,445
Defined benefit plan termination       17,644
Services and fees 16,404 15,133 48,472 45,474
Net occupancy - premises 6,910 6,702 19,962 19,150
Equipment expense 6,200 6,297 18,501 18,457
Other real estate expense, net 1,168 864 1,941 3,006
FDIC assessment expense 1,999 2,816 7,532 8,142
Other expense 11,695 13,403 35,783 44,900
Total Noninterest Expense 105,223 103,086 311,488 327,218
Income Before Income Taxes 40,647 43,287 128,986 113,458
Income taxes 4,394 8,708 16,090 23,596
Net Income $ 36,253 $ 34,579 $ 112,896 $ 89,862
Earnings Per Share        
Basic $ 0.54 $ 0.51 $ 1.67 $ 1.33
Diluted 0.54 0.51 1.67 1.32
Dividends Per Share $ 0.23 $ 0.23 $ 0.69 $ 0.69
[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.