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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities      
Net income per consolidated statements of income $ 149,584 $ 105,630 $ 108,411
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses, net 16,988 7,699 14,714
Depreciation and amortization 38,940 38,471 36,613
Net amortization of securities 9,181 10,964 9,664
Securities (gains) losses, net 0 (15) [1] 310 [1]
Gains on sales of loans, net (21,615) (18,933) (20,531)
Deferred income tax provision 11,740 26,068 18,000
Proceeds from sales of loans held for sale 1,114,020 1,197,821 1,404,852
Purchases and originations of loans held for sale (1,052,339) (1,179,187) (1,392,155)
Originations of mortgage servicing rights (15,759) (15,860) (16,745)
Earnings on bank-owned life insurance (5,358) (5,025) (4,883)
Net change in other assets (1,891) 23,451 (20,129)
Net change in other liabilities (1,277) 9,093 7,284
Other operating activities, net (3,016) 6,430 2,932
Net cash from operating activities 239,198 206,607 148,337
Investing Activities      
Proceeds from maturities, prepayments and calls of securities held to maturity 149,308 174,976 277,373
Proceeds from maturities, prepayments and calls of securities available for sale 423,617 467,194 486,915
Proceeds from sales of securities available for sale 0 27,682 24,693
Purchases of securities held to maturity 0 (69,989) (239,446)
Purchases of securities available for sale (23,901) (346,159) (547,112)
Net proceeds from bank-owned life insurance 1,824 3,623 2,585
Net change in federal funds sold and securities purchased under reverse repurchase agreements (215) 6,785 (250)
Net change in member bank stock 35,451 4,474 (8,386)
Net change in loans (140,710) (608,886) (677,296)
Purchases of premises and equipment (14,644) (13,219) (10,208)
Proceeds from sales of premises and equipment 772 8,377 6,799
Proceeds from sales of other real estate 20,502 26,849 42,809
Purchases of software (13,195) (5,498) (8,024)
Investments in tax credit and other partnerships (22) (5,296) (116)
Net cash used in business acquisition 0 (19,775) 0
Net cash from investing activities 438,787 (348,862) (649,664)
Financing Activities      
Net change in deposits 786,899 355,342 467,782
Net change in federal funds purchased and securities sold under repurchase agreements (419,356) (69,990) 98,775
Net change in short-term borrowings (905,396) (67,451) (150,748)
Payments on long-term FHLB advances (67) (65) (94)
Proceeds from long-term FHLB advances 0 0 250,000
Redemption of junior subordinated debt securities 0 (3,000) 0
Payment of subordinated debt 0 0 (50,000)
Common stock dividends (62,425) (62,795) (62,666)
Repurchase and retirement of common stock (62,421) 0 (750)
Shares withheld to pay taxes, long-term incentive plan (1,426) (1,724) (1,017)
Net cash from financing activities (664,192) 150,317 551,282
Net change in cash and cash equivalents 13,793 8,062 49,955
Cash and cash equivalents at beginning of year 335,768 327,706 277,751
Cash and cash equivalents at end of year $ 349,561 $ 335,768 $ 327,706
[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.