XML 51 R39.htm IDEA: XBRL DOCUMENT v3.21.2
Contingencies (Tables)
 6 Months Ended
Jun. 30, 2021
Commitments And Contingencies Disclosure [Abstract]  
Summary of Changes in ACL on Off-balance Sheet Credit Exposures

Changes in the ACL on off-balance sheet credit exposures were as follows for the periods presented ($ in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Balance at beginning of period

 

$

29,205

 

 

$

36,421

 

 

$

38,572

 

 

$

—

 

FASB ASU 2016-13 adoption adjustment

 

 

—

 

 

 

—

 

 

 

—

 

 

 

29,638

 

PCL, off-balance sheet credit exposures (1)

 

 

4,528

 

 

 

6,242

 

 

 

(4,839

)

 

 

13,025

 

Balance at end of period

 

$

33,733

 

 

$

42,663

 

 

$

33,733

 

 

$

42,663

 

 

(1)

During the second quarter of 2021, Trustmark reclassified its credit loss expense related to off-balance sheet credit exposures from noninterest expense to provision for credit losses, off-balance sheet credit exposures. Prior periods have been reclassified accordingly.