Trustmark Corporation · NASDAQ:TRMK
Trustmark — Sandler O'Neill East Coast Financial Services Conference 2013
23 slides from Trustmark's conference presentation, Nov 14, 2013
Slide 1: Sandler O'Neill East Coast Financial Services Conference
YY Sandler O/Neill East Coast Financial Cj Trustmark Services Conference Banking and Financial Solutions November 14, 2013 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,” “a
Slide 3: Corporate Profile
Corporate Profile At December 31, 2012 Total Assets $9.8 billion Total Loans (HEI & Acquired) $5.7 billion Total Deposits $7.9 billion Market Cap $1.5 billion Banking Centers 170 Financial Results 2010 2011 2012 Net Income cmon) $100.6 $106.8 $117.3 EPS - Diluted $1.57 $1.66 $1.81 Dividends per shar
Slide 4: Investment Thesis
Investment Thesis Proven ability to achieve superior profitability Effective credit risk management program Diversified business mix in attractive markets Significant opportunities for profitable growth a a a Committed to enhancing long-term shareholder value
Slide 5: Proven Ability to Achieve Superior Profitability
Proven Ability to Achieve Superior Profitability ROAA 2012 120% 410% 113% osx oa0% | | 065% osx — TAK GR stl ORF HBHC. BS. IBKC FIN na Average ROAA 2008 - 2012 I | i dos tal 1BKC -HBHC —BXS a] 0.44% 0.86% ROATCE 2012 14.47% sT)CFR)OTRMK RF HBHC BX. BKC. ‘Source: SNL Financial and company reports Ave
Slide 6: Driven by Strong Net Interest Margin and Efficiency Ratio
...Driven by Strong Net Interest Margin and Efficiency Ratio Net Interest Margin 2012 448% 4.09% 361% 357% 351% 5.40% 3.83% 3.11% HBHC TRMK = IBKC | BXS)CFR)— STIS FHN. RF Average NetInterest Margin" 2008 - 2012 420% 4.04% 4.08% my 3.70% TRMK CFR HBHC BXS)—STI_IBKC.) FN RF. Efficiency Ratio 2012 sti
Slide 7: Effective Credit Risk Management
Effective Credit Risk Management Quarter Ended 12/2011 3/2012 6/2012 9/2012 12/2012 YOY Change Nonaccrual Loans $110.5 $105.7 = $997 = $80.7 $824 -25.4% Other Real Estate $791 $75.7 $737 $82.5 $78.2 A1% Nonperforming Assets $189.5 $181.5 $1734 $163.1 $160.6 15.3% Nonperforming Assets/Total Loans inc
Slide 8: Strong Capital Base
Strong Capital Base v Capital base reflects profitability through the cycle Y Capital Utilization: = Supportorganic growth = Acquisitions to create additional growth opportunities = Cash dividends 2012 Peer TCE/TA(%) 2012 Peer Total Risk-Based Capital Ratio 10.28% 17.22% 594% 45.38% a5.a1%6 883% 8.7
Slide 9: Diversified Business Mix in Attractive Markets
Diversified Business Mix in Attractive Markets December 31, 2012 YTD Total Revenue $516 Total Noninterest Income $175 $ in millions $ in millions Wealth . Insurance, Dy, 928 MS Comnmutity Service Charges, $50 Banks, $110 Fee Income to Total Revenue 33.9%
Slide 10: Significant Opportunities for Profitable Growth
Significant Opportunities for Profitable Growth BancTrust Merger ¥ Ability to deliver Trustmark’s full suite of banking, mortgage banking, wealth y ‘ Transaction completed February 15,2018 management and insurance services to new Y 3* largest bankheadquartered in markets Alabama Y Completed successf
Slide 11: Financial Results
Financial Results At September 30, 201: Total Assets $118 billion Total Loans (HFI & Acquired) $6.6 billion Total Deposits $9.8 billion Market Cap $1.7 billion Banking Centers 215 Reported: 102013 202013 30-2013 Net Income ¢¢ minions $249 $311 $33.0 EPS —Diluted $0.38 $0.46 $0.49 Dividends persnare
Slide 12: Diversified Loan Portfolio
Diversified Loan Portfolio Y Loan portfolio has transitioned through economic cycle v In low rate, competitive environment not all loan growth improves profitability Vv Remain disciplined in credit process and pricing v Capacity, ability and desire to increase exposure to certain asset classes as ma
Slide 13: Attractive, Low-Cost Deposit Base
Attractive, Low-Cost Deposit Base Trustmark Deposit Trends $9,787 $7,566 $7,897 $6,824 $7,188 $7,045 21% 2009 10 2011 2012 3a. 2 2008 201 13 interest bearing lalNoninterest bearing Total Deposits at September 30, 2013 - $9,787 (Sinmillions)
Slide 14: Strategic Priorities to Enhance Shareholder Value
Strategic Priorities to Enhance Shareholder Value Y Create and expand customer relationships Optimize delivery of products and services Streamline processes to increase productivity and efficiency Manage risks effectively “SS SN Proactively manage balance sheet
Slide 15: Trustmark Banking and Financial Solutions
ZG Trustmark Banking and Financial Solutions
Slide 16: Supplemental Information
ZG Trustmark Banking and Financial Solutions Supplemental Information
Slide 17: Mississippi
Mississippi > $6.6 billion in deposits* > Maintain marketdominance through cross-selling and retention Masket a2 | sedeiea | Deveatse | Depot | TRMK CTopitDepeats) | Popiaion | Poptcton | Gximeny | Mamet | Bain Tadson NEA su | % Gohumtus NEA [ee | 038 sue 3 4+ As of S20/2012 Source: TRUK Ragone ++As
Slide 18: Alabama
Alabama v Completed BancTrust merger on 02/15/13 $1.5 billion in deposits* Deliver full suite of products to these new markets Market 2012 Projected | (nitions) [Mobile Market aithop. [Central and South Alabama {Top5 Deposits) Montgomery MSA Ibetmanisa 381% “191% Brewton-EscambiaCounty | 38,389 0.18
Slide 19: Florida Panhandle
Florida Panhandle > $598 million in deposits* > Cross-sell to Fisher Brown Bottrell commercial insurance customers > Focus on commercial lending and expansion of wealth management 2012-17 2012 ar Deposits++ | Deposit | TRMK Market : Projected | ( miions) | Market | Banking Population | Population si
Slide 20: Houston MSA
Houston MSA > $462 million in deposits* > Focus on commercial lending and treasury management 2012-17 store | Deposit. | TRMK 2012 Projected | Deposits++ Zs : Market | population Population | millions) | Market | Banking Growth Houston MSA 6,183,249 8.84% 023% As of ‘Source: TRMK Reports ws of
Slide 21: Memphis MSA
Memphis MSA > $673 million in deposits* > Focus on middle market commercial and real estate lending : Deposits-+ | Deposit | TRMK Market 2012 Projected | (¢ millions) | Market | Banking Population | Population aeese || Gs Growth Memphis MSA 1323471 | 2.16% $654 | 2.78% | 22 “+As of S20/2013 Source:
Slide 22: Community Involvement
Community Involvement Leadership by Example * Trustmark makes significant investments, in excess of $2.5 million annually, to supportthe arts, economic development, education, health and social services in the communities we serve. * Trustmark participates in more than 100 nonprofit programs designe
Slide 23: 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
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