Trustmark Corporation · NASDAQ:TRMK
Trustmark — Keefe, Bruyette & Woods Regional Bank Conference 2007
22 slides from Trustmark's conference presentation, Mar 1, 2007
Slide 1: Keefe, Bruyette & Woods Regional Bank Conference
People you trus: Advice th GZ Trustmark Banking and Financial Solutions Keefe, Bruyette & Woods Regional Bank Conference Boston, MA March 1, 2007
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements contained in this dacument are not statements of historical fact and constitute forward- looking statements within the meaning of the Private Securities Litigation Refarm Act of 1995. These forward: looking statements include, but are not limited ta, sta
Slide 3: Corporate Profile
Corporate Profile As of December 31, 2006 OKLAHOMA s ao Trustmark is ai provider of banking and financial solutions atapama — \ m $8.8 billion in total assets = $436 million in revenue m Investment Ratings - Moody’s: A3 - S&P: BBB+ 2008 2008 Corporate Infrastructure 7e Reparted | Wad atna sl | Ae Re
Slide 4: Reasons to Invest in Trustmark
Reasons to Invest in Trustmark = Strong profitability metrics = Solid, well-positioned balance sheet = Diversified business mix = Expanded presence in attractive growth markets Positioned for growth and profitability
Slide 5: Peer Group
Peer Group Price/2007 Total Assets | Market Median 2131/2006 | Capitalization | Eamings. Peer Banks, (Sin Billions | ($ inBilliong | _ Estimate |UME Financial Corporation 39 16 \Vatley National Bancorp 124 3.0 |South Financial Group, Ine. 142 24 lUnited Community Banks, Inc. TA 15 IMB Financial, Ine
Slide 6: Key Ratios
Key Ratios Strong performance on mid-cap banking metrics 5 YrAvg 2006 Peer | TRMK Peer 2006 Median |S5YrAvg Median Net Interest Margin (FTE) 3.84% 3.81%] 4.09% 3.89% Efficiency Ratio 58.87% 57.48% | 54.26% 58.03% Retum on Average Tangible Equity | 20.78% 18.08% | 19.73% 18.82% Retum on Average Asset
Slide 7: Balance Sheet Data
Balance Sheet Data Fourth Quarter Average Solid Balance Sheet Enhanced Mix of Earning Assets and Funding Base {$ in Millions) 2003-2006 2005-2006 2006 | $ %o CAGR | $ % Net Loans 6564| 1647 33.50% 10.11%| 639 10.79% Securities &FedFunds | 1,157] (857) -42.53% 16.86% | (280) -19.47% Earning Assets 7.
Slide 8: Projected Principal Roll-off
Projected Principal Roll-off Taxable Investment Securities (8 in Millions) Total Taxable Securities at December 31, 2006: $912.5 Average duration of taxable securities portfolio: 1.9 years 2008 $228.3] 3.73% 2009 $106.6} 4.45%
Slide 9: Capital Management
Capital Management lends - Increased quarterly dividend per share 4.8% to $0.22, or $0.88 annually in 2006 - 24 consecutive year of increased dividends m= Share Repurchase Program - Repurchased 631 thousand shares ($18.8 million) in 2006 — Repurchased 21.3 million shares ($479.2 million) since 1998
Slide 10: Total Loans Quarter Average
Total Loans 4 Quarter Average $7.0 $6.0 $5.0 $4.0 $3.0 (8 in Billions) 2001 2002 2003 2004 2005 2006 10
Slide 11: Loan Composition
Loan Compo: As of December 31, 2006 By Loan Type {per Call Report Schedule) ($ in Billions) Commercial $11 Real Estate Consumer e sao By State Florida Other $0.6 Tennessee $0.4 Texas $0.7 $0.3 RealEstae Construction $0.9 14 Family Alabama $1.9 $0.2 Mississippi Other $4.3 $0.4 Total Loans $6.6 Billio
Slide 12: Financial Performance: Credit Quality
Financial Performance Credit Quality $100.0 $200 + $75.5 $748 $74.3 $60.0 $40.0 $20.0 $0.0 2001 2002 2003 2004 2005 2006 mmm Allowance for Loan and Lease Losses (ALLL) —*-Non Performing Assets (NPA) NPA‘Total Loans + ORE 3% | 0.82% 59% 51% | 0.56% | 0.59% Net Charge Offs/Average Loans | 0.35% | 0.33
Slide 13: Total Deposits Quarter Average
Total Deposits 4 Quarter Average (8 in Billions) $7.0 $6.0 $5.0 $4.0 $3.0 2001 2002 2003 2004 2005 2006 13
Slide 14: Deposit Composition
Deposit Composition As of December 31, 2006 By Deposit Type ($ in Billions) Money Market. $1.0 Savings Time By State $0.3 $2.6 Florida Tennessee $0.2 Interest fos checking: ‘3% Texas $15 $0.7 Non-i rest checking $16 Mississippi $5.6 Total Deposits $7.0 Billion 14
Slide 15: Branching Initiatives
Branching Initiatives = Balance efforts to augment productivity in mature, lower growth markets with opportunities to expand in higher growth markets Opened 7 strategically positioned banking centers in 2006 Closed 5 banking centers with limited potential in 2006 Anticipate opening 12 banking center
Slide 16: Positioned for Success in Attractive Markets
Positioned for Success in Attractive Markets 2006-11 Wes New Projected | Deposits Deposit TRMK Banking 2006 Population | 12/31/2006 | Market | Banking Centers Market Population Growth | (SinMillions) | _ Share” Centers | (by 2008) Jackson 478,278 6.5% 3,027 37.7% 42 2 Houston 3,952,523 11.3% 657 0.2
Slide 17: 2006 Revenue and Noninterest Income Composition
2006 Revenue and Noninterest Income Composition "Sse vanon {$ in Millions) Commercial & ‘Auto Finance! Retail Banking Credit Card $307 $34 Total Noninterest Income $155 Million General Banking $92 Insurance $34 Mort Fee Income to Total Revenue 35.6% Other $6 0 7
Slide 18: Financial Services
Financial Services Wealth Management = Assets under management and administration of $7.0 billion with additional $1.2 billion in brokerage assets Mortgage m= Mortgage loan production totaled $1.3 billion in 2006 Insurance = Ranked 32" largest bank-owned insurance agency based on revenue* * Source:
Slide 19: Strategic Focus
Strategic Focus = Increase loans and deposits = Build upon success of Wealth Management and Insurance businesses = Manage investments in human capital and infrastructure to promote revenue growth = Enhance long-term shareholder value 19
Slide 20: People you trust
People you. trust, ig rustmark Banking and Financial Solutions
Slide 21: Non-GAAP Financial Information
Non-GAAP Financial Information Management is presenting in the following table adjustments to net income as reported in accordance with generally accepted accounting principles for significant items resulting from Hurricane Katrina and the sale of its Merchant Services portfolio. Management believes
Slide 22: 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. Investor Inquiries: Joseph Rein First Vice President 601-208-6898 jrein@trustmark.com 2
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