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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net income per consolidated statements of income $ 150,460 $ 149,584 $ 105,630
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses, net 10,839 16,988 7,699
Depreciation and amortization 39,420 38,940 38,471
Net amortization of securities 7,789 9,181 10,964
Securities (gains) losses, net 0 0 (15) [1],[2]
Gains on sales of loans, net (27,301) (21,615) (18,933)
Compensation expense, long-term incentive plan 4,787 3,870 4,309
Deferred income tax provision (3,880) 11,740 26,068
Proceeds from sales of loans held for sale 1,431,003 1,114,020 1,197,821
Purchases and originations of loans held for sale (1,480,752) (1,052,339) (1,179,187)
Originations of mortgage servicing rights (16,711) (15,759) (15,860)
Earnings on bank-owned life insurance (5,592) (5,358) (5,025)
Net change in other assets (30,729) (1,891) 23,451
Net change in other liabilities 13,276 (1,277) 9,093
Other operating activities, net 23,838 (6,886) 2,121
Net cash from operating activities 116,447 239,198 206,607
Investing Activities      
Proceeds from maturities, prepayments and calls of securities held to maturity 173,385 149,308 174,976
Proceeds from maturities, prepayments and calls of securities available for sale 425,260 423,617 467,194
Proceeds from sales of securities available for sale 0 0 27,682
Purchases of securities held to maturity 0 0 (69,989)
Purchases of securities available for sale (177,739) (23,901) (346,159)
Net proceeds from bank-owned life insurance 4,140 1,824 3,623
Net change in federal funds sold and securities purchased under reverse repurchase agreements 830 (215) 6,785
Net change in member bank stock 262 35,451 4,474
Net change in loans (480,295) (140,710) (608,886)
Purchases of premises and equipment (17,327) (14,644) (13,219)
Proceeds from sales of premises and equipment 3,248 772 8,377
Proceeds from sales of other real estate 11,182 20,502 26,849
Purchases of software (13,412) (13,195) (5,498)
Investments in tax credit and other partnerships (3,426) (22) (5,296)
Purchase of insurance book of business (347) 0 0
Net cash used in business acquisition 0 0 (19,775)
Net cash from investing activities (74,239) 438,787 (348,862)
Financing Activities      
Net change in deposits (118,854) 786,899 355,342
Net change in federal funds purchased and securities sold under repurchase agreements 205,549 (419,356) (69,990)
Net change in short-term borrowings 561 (905,396) (67,451)
Payments on long-term FHLB advances (68) (67) (65)
Payments under finance lease obligations (1,964) 0 0
Redemption of junior subordinated debt securities 0 0 (3,000)
Common stock dividends (59,804) (62,425) (62,795)
Repurchase and retirement of common stock (56,615) (62,421) 0
Shares withheld to pay taxes, long-term incentive plan (1,658) (1,426) (1,724)
Net cash from financing activities (32,853) (664,192) 150,317
Net change in cash and cash equivalents 9,355 13,793 8,062
Cash and cash equivalents at beginning of year 349,561 335,768 327,706
Cash and cash equivalents at end of year $ 358,916 $ 349,561 $ 335,768
[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.