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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net income per consolidated statements of income $ 112,896 $ 89,862
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses, net 15,043 3,533
Depreciation and amortization 29,512 28,781
Net amortization of securities 7,197 8,084
Securities (gains) losses, net 0 (15) [1]
Gains on sales of loans, net (16,409) (13,633)
Deferred income tax provision 5,612 4,800
Proceeds from sales of loans held for sale 836,971 885,520
Purchases and originations of loans held for sale (823,134) (895,992)
Originations of mortgage servicing rights (12,248) (11,630)
Earnings on bank-owned life insurance (3,994) (3,753)
Net change in other assets 521 29,599
Net change in other liabilities 14 4,205
Other operating activities, net (10,268) 6,280
Net cash provided by operating activities 141,713 135,641
Investing Activities    
Proceeds from maturities, prepayments and calls of securities held to maturity 114,531 128,515
Proceeds from maturities, prepayments and calls of securities available for sale 334,852 351,817
Proceeds from sales of securities available for sale 0 27,682
Purchases of securities held to maturity 0 (69,989)
Purchases of securities available for sale (14,040) (338,532)
Net proceeds from bank-owned life insurance 1,843 3,630
Net change in federal funds sold and securities purchased under reverse repurchase agreements (385) 4,185
Net change in member bank stock 26,970 739
Net change in loans (63,796) (457,292)
Purchases of premises and equipment (10,870) (10,963)
Proceeds from sales of premises and equipment 651 7,792
Proceeds from sales of other real estate 16,490 20,301
Purchases of software (10,701) (3,492)
Investments in tax credit and other partnerships (17) (5,213)
Net cash used in business acquisition 0 (19,775)
Net cash provided by (used in) investing activities 395,528 (360,595)
Financing Activities    
Net change in deposits 379,398 9,572
Net change in federal funds purchased and securities sold under repurchase agreements 17,038 5,786
Net change in short-term borrowings (780,606) 283,820
Payments on long-term FHLB advances (50) (49)
Redemption of junior subordinated debt securities 0 (3,000)
Common stock dividends (47,014) (47,099)
Repurchase and retirement of common stock (7,877) 0
Shares withheld to pay taxes, long-term incentive plan (1,427) (1,659)
Net cash provided by (used in) financing activities (440,538) 247,371
Net change in cash and cash equivalents 96,703 22,417
Cash and cash equivalents at beginning of period 335,768 327,706
Cash and cash equivalents at end of period $ 432,471 $ 350,123
[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.