Slide 1: Fourth Quarter & Fiscal Year 2016 Financial Results
Fourth Quarter & Fiscal Year 2016 Financial Results January 24, 2017 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: Financial Highlights
Financial Highlights Source: Company reports Continued solid financial results – Q4-16 EPS of $0.43 and 2016 EPS of $1.60 At December 31, 2016: Total Assets $13.4 billion Total Loans (LHFI & Acquired) $8.1 billion Total Deposits $10.1 billion Banking Centers 193 2016: Net Income $108.4 million EPS –
Slide 4: Loans Held for Investment Portfolio
Source: Company reports Loans Held for Investment Portfolio ($ in millions) Continued robust growth in LHFI, while remaining focused on credit quality and profitability Linked-quarter loan growth by state ($ in millions): AL $40 FL $5 MS $225 TN $25 TX $57 Trustmark has no loan exposure in which the
Slide 5: Credit Risk Management
Nonperforming assets decreased $8.1 million, or 6.8%, from the prior quarter and $21.2 million, or 16.0%, from the prior year, reflecting a reduction in both nonaccrual loans and other real estate Allowance for loan losses represented 267.4% of nonperforming loans, excluding specifically reviewed im
Slide 6: Performance of acquired loans
Performance of acquired loans Source: Company reports ($ in millions) Acquired Loan Portfolio Acquired Loans Acquired loan yield in the fourth quarter totaled 11.69% and included recoveries from settlement of debt of $3.8 million, which represented approximately 5.4% of the total yield on acquired l
Slide 7: Attractive, Low-Cost Deposit Base
Strength of franchise reflected by low cost of deposits of 14 bps, and deposit base with nearly 61% of deposit balances in checking accounts Noninterest-bearing deposits represented 32% of average deposits in the fourth quarter Source: Company reports (1) Source: SNL Financial; Peer Group as defined
Slide 8: Income Statement Highlights – Revenue
Income Statement Highlights – Revenue Revenue excluding income on acquired loans increased $19.5 million, or 3.7%, for the year 2016 Net Interest Income – FTE Net Interest Margin Noninterest Income ($ in millions) Net Interest Income on Acq. Loans Net Interest Income (excl. Income on Acq. Loans) Sou
Slide 9: Income Statement Highlights – Noninterest Expense
Income Statement Highlights – Noninterest Expense Source: Company reports (1) Total does not foot due to rounding Core noninterest expense remained well controlled Core noninterest expense, which excludes ORE expense ($525 thousand), intangible amortization ($1.7 million), expense related to reducin
Slide 10: Capital Management
Capital Management Source: Company reports Solid capital base continues to provide the flexibility to support strategic growth initiatives while meeting the needs of our customers and providing value to our shareholders During the fourth quarter, Trustmark did not repurchase any of its common shares
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