Slide 1: Second Quarter Financial Results
Second Quarter Financial Results July 26, 2016 Building a Premier Regional Financial Services Organization Exhibit 99.2
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: Second Quarter Highlights
Second Quarter Highlights Source: Company reports (1) Excludes the one-time, pre-tax voluntary early retirement charge of $9.3 million incurred during the quarter Continued solid performance – Q2-16 EPS of $0.32 and adjusted EPS of $0.40(1) At June 30, 2016: Total Assets $13.0 billion Total Loans (H
Slide 4: Loans Held for Investment Portfolio
Source: Company reports Loans Held for Investment Portfolio ($ in millions) Continued to prudently grow the held for investment loan portfolio, while remaining focused on credit quality and profitability Linked-quarter loan growth by state ($ in millions): AL: +$58 FL: +$2 Growth in construction, de
Slide 5: Credit Risk Management
Credit Risk Management Source: Company reports Noted: Unless noted otherwise, credit metrics exclude acquired loans and other real estate covered by FDIC loss-share agreement (1) ALL includes allowances for both held for investment and acquired loans; total loans include held for investment and acqu
Slide 6: Performance of acquired loans
Performance of acquired loans Source: Company reports ($ in millions) Acquired Loan Portfolio Acquired Loans Acquired loan yield in the second quarter totaled 9.26% and included recoveries from settlement of debt of $2.9 million, which represented approximately 3.28% of the total yield on acquired l
Slide 7: Low-Cost Deposit Base
Strength of franchise reflected by low cost of deposits of 13 bps and deposit base with nearly 60% of deposit balances in checking accounts Noninterest-bearing deposits represented 30.3% of average deposits in the second quarter Source: Company reports (1) Source: SNL Financial; Peer Group as define
Slide 8: Income Statement Highlights – Revenue
Income Statement Highlights – Revenue Revenue excluding income on acquired loans totaled $132.6 million, up 1.2%, or 4.8% annualized, from the prior quarter Net Interest Income – FTE Net Interest Margin Noninterest Income ($ in millions) Net Interest Income on Acq. Loans Net Interest Income (excl. I
Slide 9: Income Statement Highlights – Noninterest Expense
Income Statement Highlights – Noninterest Expense Source: Company reports (1) Total does not foot due to rounding Routine noninterest expense remained well controlled Excluding ORE and intangible amortization of $2.9 million and the one-time voluntary early retirement charge of $9.3 million, noninte
Slide 10: Capital Management
Capital Management Source: Company reports Tangible equity to tangible assets ratio was 8.97%, while the total risk-based capital ratio was 13.82% in the second quarter In the second quarter, Trustmark repurchased approximately 34 thousand of its common shares The repurchase program, which is subjec
Slide 11: Strategic Priorities to Enhance Shareholder Value
Profitable revenue generation Create and expand customer relationships Loan growth Noninterest income – deposit services, wealth management, insurance and mortgage banking Business development and cross-selling Process improvement and expense management Performance Measurement Market Optimization Ca