Trustmark Corporation · NASDAQ:TRMK
Trustmark — Gulf South Bank Conference 2015
21 slides from Trustmark's conference presentation, May 4, 2015
Slide 1: Trustmark Gulf South Bank Conference
ZL, Trustmark Gulf South Bank Conference Banking and Financial Solutions May 4, 2015 LS Building a Premier Regional Financial Services Organization
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “
Slide 3: Consistent, solid financial performance
stmark COT} (Sin thousands, except per share data) Earnings Earnings Per Share Dividends Per Share Net Income Earnings Ratios: Return on Avg Tangible Equity Return on Avg Equity Return on Avg Assets Capital Ratios: Tangible Equity to Tangible Assets Tier 1 Risk Based Capital Total Risk Based Cap: ei
Slide 4: Financial Results
uncial R Another quarter of solid financial results; Q1-15 EPS of $0.43 - up 2.4% from Q4-14 At March 31, 2015 Total Assets $12.2 billion Total Loans (HEI & Acquired) $6.9 billion Total Deposits $9.9 billion Banking Centers 202 (Gin millions except per share amounts) ol f oor O14 = sa) ast) coMMITME
Slide 5: Assessment of Strategic Initiatives
Assessment of Strategic Initiatives Executing our Strategic Plan — 1st Quarter 2015 Revenue Generation Y Loan Growth: building traction in higher loan- growth markets: Alabama, Texasand Tennessee Y Insurance: revenue totaled $8.6 million, up 10.0% and 6.4% from the prior quarter and year, respective
Slide 6: Assessment of Strategic Initiatives (cont.)
Assessment of Strategic Initiatives (cont.) Executing our Strategic Plan — 1st Quarter 2015 Credit Quality Y Performance of acquired loan portfolio continued to exceed expectations Y Continued improvementin classified and criticized loan balances Y Other realestate declined 2.5% linked quarter and 1
Slide 7: Legacy Loan Portfolio
Legacy Loan Portfolio Building traction in higher loan-growth markets Y Loans held for investment (“HEI’) decreased $356 | LansHFIDollar Growth by Type 4 ee J ‘(Sin millions) Linked million to $6.4 billion from the prior quarter; year- a YoY over-year, loans HFI increased $490.1 million Type Salence
Slide 8: Acquired Loan Portfolio
Acquired Loan Portfolio Performance of acquired loans VY Acquired loan yield in the first quarter totaled InterestIncome & Impairment- Acquired Loans 11.62% and included recoveries from settlement (Sin pousonds) Quik Qk GME Oe gis of debt of $3.9 million, which represented ‘Acq. loan accretion int S
Slide 9: Credit Risk Management
Credit Risk Management Solid credit quality continues Y Nonperforming assets declined 2.7% million from the prior quarter and 4.8% million from the prior year > Other real estate decreased 2.5% from the prior quarter and 19.2% from the prior year VY Net charge-offs for the quarter were negligible an
Slide 10: Attractive, Low-Cost Deposit Base
Attractive, Low-Cost Deposit Base Well diversified deposit base serves as an excellent, low-cost source of funds Y Average deposits in the first quarter totaled $9.8 billion, up $234.5 million from the prior quarter V Noninterest-bearing represented 28.1% of average deposits in the first quarter Y C
Slide 11: Income Statement Highlights - Revenue
Income Statement Highlights - Revenue Revenue remained relatively stable at approximately $140 million, reflecting Trustmark’s diversified business model Net Interest Income—-FTE (Sin millions) $99 si10 $1 S101 STE $82 $86 $87 | QI-14 Q2-1k 3-18 Qk QU -15 Net Interest Income (excl. Acq. Loans) mNet
Slide 12: Income Statement Highlights - Noninterest Expense
Income Statement Highlights - Noninterest Expense Noninterest expense totaled $99.2 million, down 5.0% from the prior quarter VY Excluding ORE and intangible amortization of $3.1 million, noninterest expense in the first quarter totaled $96.1 million, a decrease of $3.0 million from the prior quarte
Slide 13: Capital Management
Capital Management Solid capital position reflects consistent profitability of our diversified financial services businesses Y Tangible equity to tangible assets ratio was 8.91%, while the total risk-based capital ratio was 14.92% in the first quarter Solid capital base provides the opportunity to s
Slide 14: Strategic Priorities to Enhance Shareholder Value
Strategic Priorities to Enhance Shareholder Value V Profitable revenue generation > Create and expand customer relationships > Loan growth > Noninterest income — deposit services, wealth management, insurance » Business development and cross-selling Vv Process improvement and expense management > Pe
Slide 15: Supplemental Information
ZL, Trustmark Banking and Financial Solutions Supplemental Information
Slide 16: Mississippi
Mississippi $6.9billion in deposits’; 117 offices #1 Deposit Market share in State Key Focus- maintain dominate market share; enhance “share of wallet” through business development and referral programs ‘Major Industries/Economic Drivers ~ automotive (issan, Toyota, Yokohamo Tires), healthcare Unive
Slide 17: Alabama
Alabama > $14 billion in deposits’; 40 offices > Key Focus ~ corporate and real estate banking, mortgage banking, municipal finance, wealth management and retail banking > Major Industries/Economic Drivers — automotive (Mercedes, Honda, Hyundai - Kia), aerospace (Airbus, ST Aerospace), steel (Thysse
Slide 18: Florida Panhandle
Florida Panhandle $584 million in deposits Key Focus - resolution of acquired problem loan portfolio; mortgage banking: residential construction, treasury management services and private banking > — Major Industries/Economic Drivers Tourism, leisure and hospitality, military, aerospace and medical >
Slide 19: Houston MSA
Houston MSA > $443 million in deposits” > Key Focus ~ corporate, residential and commercial real estate, healthcare, energy related businesses > Major Industries/Economic Drivers - 25 Fortune 500 companies, headquartered in Houston; energy, construction, trade and manufacturing > M&A Entry into Mark
Slide 20: Memphis MSA
Memphis MSA > — $689 million in deposits > Key Focus ~ corporate and real estate banking; relocation of regional HQ to central business district > — Major Industries/Economic Drivers — transportation, distribution and healthcare; major firms headquartered here are: > FedEx > International Paper > Au
Slide 21: Contact Information
Contact Information Trustmark Corporation’s common stock is listed on the NASDAQ National Market System and is traded under the symbol TRMK. Additional information is available at www.trustmark.com. InvestorInquiries: Louis E.Greer Treasurer and Principal Financial Officer 601-208-2310 lgreer@trustm