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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest Income        
Interest and fees on LHFS & LHFI $ 96,359 $ 111,740 $ 202,704 $ 218,535
Interest and fees on PPP loans 5,044   5,044  
Interest and fees on acquired loans [1]   2,010   3,926
Interest on securities:        
Taxable 12,762 13,916 25,710 28,581
Tax exempt 249 436 610 946
Interest on federal funds sold and securities purchased under reverse repurchase agreements   214   216
Other interest income 239 1,820 979 3,423
Total Interest Income 114,653 130,136 235,047 255,627
Interest Expense        
Interest on deposits 8,730 21,500 23,687 41,070
Interest on federal funds purchased and securities sold under repurchase agreements 42 81 667 369
Other interest expense 881 831 1,741 1,656
Total Interest Expense 9,653 22,412 26,095 43,095
Net Interest Income 105,000 107,724 208,952 212,532
Provision for credit losses (PCL) [1] 18,185 2,486 38,766 4,097
Provision for loan losses, acquired loans [1]   106   184
Net Interest Income After PCL 86,815 105,132 170,186 208,251
Noninterest Income        
Service charges on deposit accounts 6,397 10,379 16,429 20,644
Bank card and other fees 7,717 8,004 13,072 15,195
Mortgage banking, net 33,745 10,295 61,228 13,737
Insurance commissions 11,868 11,089 23,418 21,960
Wealth management 7,571 7,742 16,108 15,225
Other, net 2,213 2,130 4,520 4,369
Total Noninterest Income 69,511 49,639 134,775 91,130
Noninterest Expense        
Salaries and employee benefits 66,107 61,949 135,255 122,903
Services and fees 20,567 18,009 40,497 34,977
Net occupancy - premises 6,587 6,403 12,873 12,857
Equipment expense 5,620 5,958 11,236 11,882
Other real estate expense, net 271 132 1,565 1,884
Credit loss expense related to off-balance sheet credit exposures [1] 6,242   13,025  
Other expense 13,265 13,650 28,018 27,619
Total Noninterest Expense 118,659 106,101 242,469 212,122
Income Before Income Taxes 37,667 48,670 62,492 87,259
Income taxes 5,517 6,530 8,124 11,780
Net Income $ 32,150 $ 42,140 $ 54,368 $ 75,479
Earnings Per Share        
Basic $ 0.51 $ 0.65 $ 0.86 $ 1.16
Diluted $ 0.51 $ 0.65 $ 0.85 $ 1.16
[1] Effective January 1, 2020, Trustmark adopted FASB ASU 2016-13 using the modified retrospective approach.  Therefore, prior period balances are presented under legacy GAAP and may not be comparable to current period presentation.