Trustmark Corporation · NASDAQ:TRMK
Trustmark — Shareholder Meeting (May 2007)
18 slides from Trustmark's shareholder meeting presentation, May 8, 2007
Slide 1: Annual Shareholders' Meeting
People you trust. Advice that works. stmark Banking and Financial Solutions Annual Shareholders’ Meeting May 8, 2007
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements contained in this presentation are not statements of historical fact and constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but ate not limited to,
Slide 3: Corporate Profile
Corporate Profile As of March 31, 2007 ° Ta wat ne aan azn Net inoame | $149 milion | $442.6 milhon | $22.9 milian | $25: mien ROATE 078% 1.8% 20.5% 18.76% ROA 1 1% a mo Bacio EPS em em 038 goat Trustmark is an integrated provider of banking and financial solutions = $8.9 billion in total assets = $
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: Strategic Focus
Strategic Focus a Increase loans and deposits = Build upon success of Wealth Management and Insurance businesses =a Manage investments in human capital and infrastructure to promote revenue growth a Enhance long-term shareholder value
Slide 6: Balance Sheet
Balance Sheet (8 in thousands) Net Loans $6,067,164 $6,663,620 | 596,456 98% Securities & Fed Funds 1,316,559 1,099,050 | (217,509) -16.5% Earning Assets 7,383,723 7,162,670 | 378,947 5.1% Total Assets 8,201,725 8,814,787 | 613,062 75% Total Deposits 6,184,505 7,114,993 | 930,488] 15.0% Borrowings 1
Slide 7: Loans By Loan Type
Loans By Loan Type (8 in billions) we intournsy PUES \ rear RIE Construction | $789,134 | $1,000,008 | $1072 | 26.75% Real Estate 199712 | 4223620 | 190,12 | 13.9% ny ue Commercial canes | 1155905 | 205,011 | 2.e%6 By State 4-4 Family. 1,885,124 | 1,805.46 (69,655) | -3.2% Sin sitions) 407 Consumer
Slide 8: Credit Quality
Credit Quality $100.0 (8 in millions) $80.0 $748 $74.3 $72.0 $60.0 $40.0 $20.0 2001 2002 ©2003 ©2004 «2008 «= 2006) 1-07 wee Allowance for Loan and Lease Losses (ALLL) —e-Non? erforming Assets PA) 2001 [2002 [2003 | 2004 | 2005 [2006 [0-07 INPA Total Loans + ORE 0.93% | 0.82% | 0.50% | 0.51% | 0.56%
Slide 9: Deposits By Deposit Type
Deposits By Deposit Type in ditions) Norirt Chea H5 6 in tousares) Interest cha time “7 a7 Noninterast Checking sazezos | $1,522,088 | ¢93e00 | so Moray saunas a 402 Interest Checking | 150675 | 1.240402 | 2aaeae | 15.0% savings aoscet | 2a0g71| 15450) | som By State @ i bitions) Money Market s7oi2
Slide 10: Florida Panhandle
Florida Panhandle = = Trustmark has $696 million = in loans and $256 million in wi deposits* i = Cross-sell to Fisher- Brown’s 4,000 commercial insurance customers = Expand Wealth 1 Futurebranches Management Existing branches: = 2new banking centers to open by end of 2007 a New headquarters in Bay 1
Slide 11: Houston Futurebranches
Houston 1 Futurebranches B ewstingbranches a Trustmark has 14 con banking centers with ~~ $730 million in loans and aos $662 million in deposits* = Building stronger Commercial, Retail, and Wealth Management platforms a 3 new banking centers to open by early 2008 Depesit | _TRMK 2005 | 2006-11 Proje
Slide 12: Jackson
Jackson = Trustmark has $1.9 billion in loans and $3.1 billion in deposits* = Maintain market dominance by focusing on cross-selling and retention = 2 new banking centers to open by end of 2008 1 Future branches 5 Existing branches Hinds 253,998 0.1% 42.7% 2 Rankin 135,528 14.2% 31.8% 2 Madison 88,7
Slide 13: Memphis
Memphis a Trustmark has $460 million in loans and $698 million in deposits* Strengthen retail banking franchise = Focus on middle market lending and consumer banking = = Expand Mortgage and Wealth i Management platforms 1 new banking center to open in 2007 Memphis 4,113,280 6.4% 27% 2
Slide 14: South Region
South Region @ Trustmark has $654 million in loans and $1.6 billion in deposits* @ 1 new banking center to open in 34 Qtr 2007 1 Future branches = 2 new banking centers to open 3 nsing branches by early 2008 Hattiesburg 121,888 si% | 13.4% 6 MS Gulf Coast mSAs | _ 922,070 14.8% 041% 1 ther 300,321 o
Slide 15: 2006 Revenue and Noninterest Income Composition
2006 Revenue and Noninterest Income Composition in millions) Total Revenue a ? $436 Million Commercial & ‘Ata Finance Retail Banting ——— eC Total Noninterest Income $155 Million wean Management ‘wealth Treasury Management a cther 8 7 Genera Banking Insurance $82 Fee Income to Total Revenue 35.6%
Slide 16: Capital Management
Capital Management = Dividends ~ Increased quarterly dividend per share 4.8% to $0.22, or $0.88 annually in 2006 - 24" consecutive year of increased dividends = Share Repurchase Program - Repurchased 21.8 million shares ($492.6 million) since 1998 including - 468 thousand shares ($13.4 million) in Q
Slide 17: People yo.
People yo. ij rustmark Banking and Financial Solutions
Slide 18: 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. Management believes this information will help users compare Trustm