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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest Income      
Interest and fees on LHFS & LHFI $ 440,156 $ 395,969 $ 344,625
Interest and fees on acquired loans 8,373 17,115 24,478
Interest on securities:      
Taxable 54,649 66,082 76,192
Tax exempt 1,711 2,236 3,001
Interest on federal funds sold and securities purchased under reverse repurchase agreements 240 14 33
Other interest income 5,363 4,196 1,466
Total Interest Income 510,492 485,612 449,795
Interest Expense      
Interest on deposits 79,171 53,936 22,717
Interest on federal funds purchased and securities sold under repurchase agreements 1,420 4,788 4,152
Other interest expense 3,312 7,468 15,376
Total Interest Expense 83,903 66,192 42,245
Net Interest Income 426,589 419,420 407,550
Provision for loan losses, LHFI 10,797 17,993 15,094
Provision for loan losses, acquired loans 42 (1,005) (7,395)
Net Interest Income After Provision for Loan Losses 415,750 402,432 399,851
Noninterest Income      
Service charges on deposit accounts 42,603 43,702 [1] 44,003 [1],[2]
Bank card and other fees 31,736 28,905 [1] 28,286 [1],[2]
Mortgage banking, net 29,822 34,674 [1] 29,902 [1],[2]
Insurance commissions 42,396 40,481 [1] 38,168 [1],[2]
Wealth management 30,679 30,338 [1] 30,340 [1],[2]
Other, net 9,809 6,736 [1] 13,949 [1],[2]
Securities gains (losses), net 0 0 15 [1],[2]
Total Noninterest Income 187,045 184,836 [1] 184,663 [1],[2]
Noninterest Expense      
Salaries and employee benefits 247,717 238,033 229,265
Defined benefit plan termination     17,644
Services and fees 73,315 66,382 60,893
Net occupancy - premises 26,149 26,703 25,767
Equipment expense 23,733 24,830 24,453
Other real estate expense 3,906 2,002 3,672
FDIC assessment expense 6,444 9,429 11,010
Other expense 47,738 48,036 57,465
Total Noninterest Expense 429,002 415,415 430,169
Income Before Income Taxes 173,793 171,853 154,345
Income taxes 23,333 22,269 48,715
Net Income $ 150,460 $ 149,584 $ 105,630
Earnings Per Share      
Basic $ 2.33 $ 2.22 $ 1.56
Diluted $ 2.32 $ 2.21 $ 1.56
[1] During the first quarter of 2019, Trustmark revised the composition of its operating segments by moving the Private Banking Group from the General Banking Segment to the Wealth Management Segment as a result of a change in supervision of this group for segment reporting purposes.  The prior period amounts presented include reclassifications to conform to the current period presentation.
[2] 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.