Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Information

The following table discloses financial information by reportable segment for the periods presented ($ in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2021			2020			2021			2020
General Banking
Net interest income	$	118,169		$	103,376		$	219,277		$	205,779
Provision for credit losses (1)		540			24,430			(19,326	)		49,587
Noninterest income		35,167			50,051			74,819			95,227
Noninterest expense (1)		102,199			97,113			206,163			196,780
Income before income taxes		50,597			31,884			107,259			54,639
Income taxes		7,137			4,093			15,260			6,184
General banking net income	$	43,460		$	27,791		$	91,999		$	48,455
Selected Financial Information
Total assets	$	16,716,574		$	15,378,653		$	16,716,574		$	15,378,653
Depreciation and amortization	$	11,046		$	10,422		$	21,910		$	19,216
Wealth Management
Net interest income	$	1,256		$	1,576		$	2,487		$	3,080
Provision for credit losses		(3	)		(3	)		(5	)		2,204
Noninterest income		9,020			7,550			17,483			16,066
Noninterest expense		7,749			6,944			15,943			15,460
Income before income taxes		2,530			2,185			4,032			1,482
Income taxes		633			547			1,009			371
Wealth management net income	$	1,897		$	1,638		$	3,023		$	1,111
Selected Financial Information
Total assets	$	299,275		$	232,467		$	299,275		$	232,467
Depreciation and amortization	$	66		$	67		$	134		$	134
Insurance
Net interest income	$	(2	)	$	48		$	(5	)	$	93
Noninterest income		12,224			11,910			24,692			23,482
Noninterest expense		8,731			8,360			18,121			17,204
Income before income taxes		3,491			3,598			6,566			6,371
Income taxes		867			877			1,645			1,569
Insurance net income	$	2,624		$	2,721		$	4,921		$	4,802
Selected Financial Information
Total assets	$	82,283		$	80,959		$	82,283		$	80,959
Depreciation and amortization	$	190		$	171		$	384		$	306
Consolidated
Net interest income	$	119,423		$	105,000		$	221,759		$	208,952
Provision for credit losses (1)		537			24,427			(19,331	)		51,791
Noninterest income		56,411			69,511			116,994			134,775
Noninterest expense (1)		118,679			112,417			240,227			229,444
Income before income taxes		56,618			37,667			117,857			62,492
Income taxes		8,637			5,517			17,914			8,124
Consolidated net income	$	47,981		$	32,150		$	99,943		$	54,368
Selected Financial Information
Total assets	$	17,098,132		$	15,692,079		$	17,098,132		$	15,692,079
Depreciation and amortization	$	11,302		$	10,660		$	22,428		$	19,656

(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.