Trustmark Corporation · NASDAQ:TRMK
Trustmark — Sterne Agee Bank Conference 2013
25 slides from Trustmark's conference presentation, Feb 12, 2013
Slide 1: People you trust. Advice that works.
People you trust. Advice that works. iB rustmark Banking and Financial Solutions Sterne Agee Bank Conference Miami, FL February 12, 2013
Slide 2: Forward-Looking Statements
Forward-Looking Statements @ TWustmark 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 staternents by words such as "may," "hope," "will," “should,” “expec
Slide 3: Corporate Profile
Corporate Profile LZ Trustmark Trustmark is an integrated provider of banking and financial solutions At December 31, 2012 Total Assets $9.8 billion Total Loans «ri acaurea $5.7 billion Total Deposits $7.9 billion Market Cap $1.5 billion Banking Centers 170 Financial Results 2010 2011 2012 Net Incom
Slide 4: Investment Thesis
Investment Thesis x & %® RK & Proven ability to achieve superior profitability Stable and diversified business mix in attractive markets Effective credit risk management program Opportunities for profitable growth Focused on maximizing long-term shareholder value Positioned for Continued Success 4
Slide 5: Proven Ability to Achieve Superior Profitability
Proven Ability to Achieve Superior Profitability @ Trustmark ROAA 2012 Average ROAA 2008 - 2012 1.20% 1.16% 1.13% i 0.92% 0.80% 0.80% 0.53% i CFR = TRMK = IBKC_--HBHC-—BXS FHN {RI 0.10% | TRMK CFR STIs RF HBHC) | BXS-— BKC. FHN Ree 0.07% ROATCE 2012 Average ROATCE 2008 - 2012 15.84% ssusy 13.15% 19
Slide 6: Driven by Strong Net Interest Margin and Efficiency Ratio
...Driven by Strong Net Interest Margin and Efficiency Ratio Net Interest Margin 2012 CFR a Trustmark Average Net Interest Margin 2008 - 2012 4.40% 4.09% 420% 4.04% 4.04% 381% 357% 351% 5.40% a7 ; 2na% 3.11% ply |\|\ 31% 2.95% HBHC TRMK IBKCBXS CFR) STI FHN. RF TRMK CFR -HBHCBXS-STI_sIBKC.FHN. RF i
Slide 7: Robust Capital Position
Robust Capital Position yZ Provides Strategic Flexibility Tustmaric v Continued leadership position in capital strength among mid-cap peers v Leverage capital with BancTrust merger and organic growth 2012 Peer TCE/TA (%) 2012 Peer Total Risk-Based Capital Ratio 17.22% 10.28% 15-88% 45.40% 15.11% 15.
Slide 8: Robust Capital Position and Attractive Dividend
Robust Capital Position UZA Trustmark and Attractive Dividend v Given quality and stability of earnings, Trustmark has increased its dividend over time and maintained it through the cycle Trustmark’s Annual Dividend Yield (%)” Dividend - Last 20 Years $1.00 90.92 4.10% $0.90 eg $0.80 $0.70 277% $0.6
Slide 9: Positioned for Continued Success
Positioned for Continued Success cz, Trustmark ‘Banking and Finanesal Solutions Industry Outlook Trustmark Economy Interest Rates Regulatory Reform Profitability Consolidation Slow recovery with continued uncertainty Prolonged low interest rate environment Revenue headwinds from Durbin Amendment Inc
Slide 10: Diversified and Stable Business Mix
Diversified and Stable Business Mix @ Tustmark Year to Date December 31, 2012 Total Revenue $516 Total Noninterest Income $175 Commercial and Real Wealth Management, $25 4% Insurance, $28 Florida, $27 Mortgage, $09 Treasury & Other, $13 Ms Community Banks, $110 Mortgage, S41 Central MS, Sus Fee Inco
Slide 11: Diversified Loan Portfolio
sified Loan Portfolio or Trustmark fiteae) ig oe Fuel eons Total Loans $5,726 yi December 31, 2012 ¥ Loan portfolio has transitioned (HFI and Acquired) through economic cycle Construction, _ ond sae In low rate, competitive development Consumer ee ‘andother Cqusuuer weal environment not all loan gro
Slide 12: Prudent Credit Risk Management
Prudent Credit Risk Management ($ in millions) ‘Banking and Financial Soitions Quarter Ended 121312011 3131/2012 6/30/2012 09/30/2012 12/31/2012 YOY% Change Nonaccrual Loans $1105 $1057 $997 $80.7 $82.4 24% Other Real Estate $79.1 $75.7 $73.7 $825 $78.2 AN% Nonperforming Assets $1895 $1815 $1734 $16
Slide 13: Attractive, Low Cost Core Deposit Base
Attractive, Low Cost Core Deposit Base ($ in milfions) Deposit Trends 7897 ; soana 78 spas S780 Total Deposits $7,897 ” December 31, 2012 Tine Nowtnteest Benring Dba, $2255 roe = 2009200 Interest-Bearing = Noninterest Bearing ssa Cost of Deposits | 0.48% 0.42% i” ie = Interest-Bearing Deposits Total
Slide 14: Exceptional opportunity to expand footprint into attractive Alabama markets
Exceptional opportunity to expand footprint into attractive Alabama markets and increase scale in existing Florida franchise Immediately accretive to operating EPS Credit risk is well understood and manageable; loans and OREO. appropriately marked Straightforward systems conversions Strong pro forma
Slide 15: BancTrust Financial Group Overview & Strategic Rationale
BancTrust Financial Group Trustmark Overview & Strategic Rationale a ¥ 26-year-old bank holding company headquartered in Mobile, AL * 3 largest bank headquartered in Alabama Pro Forma Bra M: Vv As of December 31, 2012 * $1.2 billion in loans * $1.7 billion in deposits * 40 offices in Alabama, 9 offi
Slide 16: Strategic Priorities to Enhance Trustmark
Strategic Priorities to Enhance Trustmark ‘Banking and Financial Soitions Long-Term Shareholder Value ¥ Broaden customer relationships v Optimize delivery of products and services v Manage risks effectively v Proactively manage balance sheet Y Streamline processes to increase productivity and effici
Slide 17: People you trust. Advice that works.
People you trust. Advice that works. iB Trustmark janking and Financial Solutions
Slide 18: Supplemental Information
Supplemental Information
Slide 19: Trustmark Mississippi: loans and deposits
© Banking center >» Trustmark has $2.0 billion in loans and $3.7 billion in deposits* >» Maintain market dominance through cross-selling and retention See ai ‘al 2011-46 Projected Deposit TRMK 2011 Population Market Banking County Population Growth Share Centers Hinds 244,155 1.24% 38.75% 22 Rankin
Slide 20: Trustmark Houston: loans and deposits
be one. cd a So egiouston | Sw AB Leeccis S © Ser ad Pasaden} _O/Pat wa ran oe a, ay nets i None ° oes pe Sra A | @ Banking center nin loans and > Trustmark has $813 mi $444 million in deposits* >» Building stronger commercial, retail, and wealth management platforms 2011 Poputation | Market | Banki
Slide 21: Trustmark Memphis: loans and deposits
> Trustmark has $368 million in loans and $672 million in deposits* >» Focus on middle market commercial and real estate lending = PG \ FT \ 7 Lf > ‘ Se Mon 2 @ 5 ong: is) le z od © roende a WesMerel Memphis = ea) 0 Cs _ ® wom oe ane Om ‘5 ry Co Mas @ Banking center 2011.46 Projected Deposit | TRMK
Slide 22: Florida Panhandle
Florida Panhandle Acquired Bay Bank & Trust Co., Panama City, FL in Q1-12 Trustmark has $405 million in loans and $414 million in deposits* Cross-sell to Fisher Brown Bottrell commercial insurance customers Focus on commercial lending and expansion of wealth management Cm ‘Banking and Finanesal Solu
Slide 23: Community investment and volunteering
v Trustmark makes significant investments in excess of $2.5 million annually to support the arts, economic development, education, health and social services in the communities we serve. v We have given our personal and company time to participate in more than 100 nonprofit programs designed to stre
Slide 24: Contact information
Contact information CZ Trustmark ‘Banking and Financial Soitions 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: Louis E. Greer Treasurer and Princip
Slide 25: People you trust. Advice that works.
People you trust. Advice that works. iB Trustmark janking and Financial Solutions