Trustmark Corporation · NASDAQ:TRMK
Trustmark — Sterne Agee Financial Institutions Investor Conference (February 2012)
22 slides from Trustmark's conference presentation, Feb 13, 2012
Slide 1: People you trust. Advice that works.
People you trust. Advice that works. iB rustmark Banking and Financial Solutions Sterne Agee Financial Institutions Investor Conference February 13, 2012
Slide 2: Forward-Looking Statements
Forward-Looking Statements UZ Trustmark ‘Banking and Financial Soitions Certain statements contained in this dacument constitute forward-looking statements within the meaning of the Private Secutities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “may,”
Slide 3: Corporate Profile
Corporate Profile @ Tustmark Trustmark is an integrated provider of banking and financial solutions At December 31, 2011 Total Assets $9.7 billion Toiai Loans (Hr ana Covered) $5.9 billion Total Deposits $7.6 billion Market Cap $1.6 billion Banking Centers 150 Financial Results 2010 2011 Net Income
Slide 4: Investment Thesis
Investment Thesis ¥ Proven ability to achieve superior profitability ¥ Stable and diversified business mix in attractive markets v Effective credit risk management program ¥ Opportunities for growth — organic and via disciplined M&A ¥ Robust capital position provides strategic flexibility ¥ Focused
Slide 5: Proven Ability to Achieve Superior Profitability
Proven Ability to Achieve Superior Profitability, Trustmark peasy se ree cones ROAA 2011 Average ROAA 2007 - 2011 a ae = ci [roy nas 25% aoe aoe va name J ih on me mc mec mS on Am reas am PUK ax 139% ROATCE 2011 Average ROATCE 2007 - 2011 sa4sx azz seas St oe ans nae 700% Stee Li: | Linu as © pox 45
Slide 6: Driven by Strong Net Interest Margin and Efficiency Ratio
...Driven by Strong Net Interest Margin and Efficiency Ratio CZ Trustmark Net Interest Margin 2011 420K 4256 sax Boog BK 550K 5405 32K 5 om ee a ed Average Net Interest Margin 2007 - 2011 0K ax 390% an 2.6 323K 319K 316K gam oo meme om ow sno Efficiency Ratio 2011 rams 2K saz STOR CLLOX GLK Tesevpes
Slide 7: Diversified and Stable Business Mix
iversified and Stable Business Mix or Trustmark ing and Financ Solutions Year to Date December 31, 2011 Total Revenue $509 Total Noninterest Income $160 Wealth Treasury & | Management Service Charges Other $49 $28 $52 Auto/Credit a Insurance $27 General Banking $31 Wealth Management $23 Commercial -
Slide 8: Diversified Loan Portfolio
Diversified Loan Portfolio @ Tustmark ing and Financ Solutions (Sin millions) ¥ Excluding planned runoff in construction and land development and indirect auto portfolios, loans increased $283.0 million in 2010 and $98.9 million in 2011. Loans $5,934 (HFI and covered) December 31, 2011 2007 2008 200
Slide 9: Prudent Credit Risk Management
Prudent Credit Risk Management ‘Banking and Finan Solu ($ in millions) Quarter Ended YOY % 12/31/10 38111 6/30/11 9/30/11 12/31/11 Change Nonaccrual Loans $142.9 $126.8 $121.0 $99.6 $110.5 = 22.7% Other Real Estate $86.7 $89.2 $90.0 $89.6 $79.1 -8.8% Nonperforming Assets $229.6 $216.0 $211.0 $189.2
Slide 10: Attractive, Low Cost Core Deposit Base
Attractive, Low Cost Core Deposit Base CZ Trustmark ($ in millions) Deposit Trends Sze s7pes ae A zor 2008 208 cy zm Interest Bearing —_jjNoninterest Bearing 4Q 2011 Cost of Interest Bearing Deposits (%) Souroe: SNL Rnanetal nd company raports Total Deposits $7,566 December 31, 2011 Interest MDA che
Slide 11: Robust Capital Position and Attractive Dividend
Robust Capital Position and Attractive Dividend gy a .<4, mark ‘Banking and Fina Y 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 $0.92 FE ESI ES FES Fh TRMK CF
Slide 12: Robust Capital Position Provides Strategic Flexibility
Robust Capital Position Provides Strategic Flexibility CZ Trustmark ¥ Continued leadership position in capital strength among mid-cap peers Existing capital base could support $2 billion to $3 billion in additional assets while maintaining appropriate capital ratios. 2011 Peer TCE/TA (%) 9.68% 9.59%
Slide 13: Capital Management Philosophy
Capital Management Philosophy @ Trustmark Capital Utilization Organic Growth * Support asset growth opportunities as economy improves a ‘* Investments to support revenue growth ] { ‘© Invest in existing business to further Capital ] enhance fee income businesses | Management _ * Support selective an
Slide 14: Mergers and Acquisitions
Mergers and Acquisitions @ TWustmark Heritage Banking Group ~ Carthage, MS ¥ Acquired from FDIC on April 18, 2011 ¥ #1 deposit market share in Leake County, 8 branches, 4 of which were consolidated into existing TRMK Offices ¥ At acquisition, fair value of loans and deposits of $107.4 million and $2
Slide 15: Strategic Priorities to Enhance Long-Term Shareholder Value
Strategic Priorities to Enhance Long-Term Shareholder Value v Expand revenue base Y Sustain credit quality improvement ¥ Enhance competitive position v Capitalize on merger and acquisition opportunities Y Position for changing regulatory environment Y Prudent capital management Priorities in 2042 15
Slide 16: People you trust. Advice that works.
People you trust. Advice that works. iB Trustmark janking and Financial Solutions
Slide 17: Supplemental Information
Supplemental Information
Slide 18: Trustmark has $2.1 billion in loans and $3.6 billion in deposits
>» Trustmark has $2.1 billion in loans > . smal att a and $3.6 billion in deposits* Maintain market dominance through cross-selling and retention 2010-45 Projected Deposit TRMK 2010 Population Market Banking County Population Growth Share Centers Hinds 250,044 0.67% 38.24% 22 Rankin 146,177 9.82% 37
Slide 19: Houston banking center market
Hi Banking center > Trustmark has $791 million in loans and $454 million in deposits* Building stronger commercial, retail, and wealth management platforms 2010-45. Projected | Deposit | TRMK 2010 Population | Market | Banking | Market | Population Growth | Share| Centers Houston MSA 8,017,013 10.46
Slide 20: Memphis market
Loo NNESSEE Ba cote uncon Wiokeliar ; r] Maver MARSHALL rhea MISSISSIP > Trustmark has $355 million in 2010.15 igs ¥ e Projected Deposit TRMK loans and $682 million in deposits* 2010 Population Market Banking . Market Population Growth Share Centers » Focus on middle market Memphis MSA | 1,325,833 |
Slide 21: Florida Panhandle
Florida Panhandle Trustmark ‘Banking and Finanesal Solutions oe esate = ls . Le ct oa... moll ie ae , 2010-15 >» Trustmark has $365 million in loans oom Projected Deposit TRMK iis i itet Population Market Banking and $225 million in deposits County Population | Growth Share Centers » Cross-sell to F
Slide 22: Contact information
Contact information CZ Trustmark 77 aosieg and Financial Soh 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 Principal F
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