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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Interest Income        
Interest and fees on LHFS & LHFI $ 94,523 $ 113,285 $ 297,227 $ 331,820
Interest and fees on PPP loans 6,729   11,773  
Interest and fees on acquired loans [1]   2,309   6,235
Interest on securities:        
Taxable 12,542 13,184 38,252 41,765
Tax exempt 238 383 848 1,329
Interest on federal funds sold and securities purchased under reverse repurchase agreements 1 23 1 239
Other interest income 331 1,044 1,310 4,467
Total Interest Income 114,364 130,228 349,411 385,855
Interest Expense        
Interest on deposits 7,437 20,385 31,124 61,455
Interest on federal funds purchased and securities sold under repurchase agreements 32 547 699 916
Other interest expense 688 830 2,429 2,486
Total Interest Expense 8,157 21,762 34,252 64,857
Net Interest Income 106,207 108,466 315,159 320,998
Provision for credit losses (PCL) [1] 1,760 3,039 40,526 7,136
Provision for loan losses, acquired loans [1]   (140)   44
Net Interest Income After PCL 104,447 105,567 274,633 313,818
Noninterest Income        
Service charges on deposit accounts 7,577 11,065 24,006 31,709
Bank card and other fees 8,843 8,349 21,915 23,544
Mortgage banking, net 36,439 8,171 97,667 21,908
Insurance commissions 11,562 11,072 34,980 33,032
Wealth management 7,679 7,691 23,787 22,916
Other, net 1,601 1,989 6,121 6,358
Total Noninterest Income 73,701 48,337 208,476 139,467
Noninterest Expense        
Salaries and employee benefits 67,342 62,495 202,597 185,398
Services and fees 20,992 18,838 61,489 53,815
Net occupancy - premises 7,000 6,831 19,873 19,688
Equipment expense 5,828 5,971 17,064 17,853
Other real estate expense, net 1,203 531 2,768 2,415
Credit loss expense related to off-balance sheet credit exposures [1] (3,004)   10,021  
Other expense 14,598 12,187 42,616 39,806
Total Noninterest Expense 113,959 106,853 356,428 318,975
Income Before Income Taxes 64,189 47,051 126,681 134,310
Income taxes 9,749 6,016 17,873 17,796
Net Income $ 54,440 $ 41,035 $ 108,808 $ 116,514
Earnings Per Share        
Basic $ 0.86 $ 0.64 $ 1.71 $ 1.80
Diluted $ 0.86 $ 0.64 $ 1.71 $ 1.80
[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.