Trustmark Corporation · NASDAQ:TRMK
Trustmark — Shareholder Meeting (May 2009)
19 slides from Trustmark's shareholder meeting presentation, May 12, 2009
Slide 1: Annual Shareholders' Meeting
People you trust. Advice that works. ig Trustmark Banking and Financial Solutions Annual Shareholders’ Meeting May 12, 2009
Slide 2: Forward-looking statements
YY Trustmark Certain statements contained in this document constitute forward-looking staternents within the meaning Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as "may," "hop *should,” “expect,” "plan." "anticipate," “intend,” "believe," “esti
Slide 3: Trustmark: integrated provider of banking and financial solutions
Oktahoma Arkansas Alabama Financial Results 2008 | Qi09 Net Income ($ in miffions) $91.1 $23.4 (available to common shareholders) Earnings per common share $1.59 $0.41 Return on average tangible common equity 14.88% | 14.46% Return on average assets 1.01% 1.10% Net interest margin 4.01% 4.18% Effici
Slide 4: Reasons to Invest in Trustmark
Reasons to Invest in Trustmark Diversified business mix in attractive markets Liquid, well-positioned balance sheet Solid profitability metrics Strong capital base Positioned for growth and profitability Vv Vv vVvV VW W Focused on maximizing shareholder value
Slide 5: Revenue and noninterest income breakdown
(8 in millions) Total Revenue $496 Total Noninterest Income $177 Service Mortgage AutoiCredit Charges General eneral Insurance SAT Card $28 sey g $54 Sanng 7 Other $64 > $31 : Other — $5 anhandle 3% Wealth Merorue Management ‘Gornmercial — s Insurance $29 Retail Banking $33 $293 Fee Income to Total
Slide 6: Loan portfolio composition
(8 in millions) Commercial Loans $4,377 Other Construction State & $909 & Land Political Subs Development $267 $1,000 Owner Occupied RE $699 CRE Income Producing $1,259 $843 Consumer Loans $2,263 Other Branch Home $80 Direct Mortgage S781 $796 Credit Card Indirect $40 Auta $566 Total Loans $6,640
Slide 7: Credit Quality Trends
Trustmark Corporation @ Tustmark Credit Quality Trends en (8 in millions) Quarter Ended March 31, 2009 Florida Mississippi (1) Tennessee (2) Texas Total Total Loans (including HFS) $606 $4,902* $680 $854 $6,942 Nonperforming Loans $83.8 $218 $5.8 $23.1 $134.5 Other Real Estate $19.8 $9.9 $9.1 $3.3 $
Slide 8: Deposit composition by type and region
Saing ans Fanci otlone (8 in millions) By Type By Region Memphis, ’ Noninterest FL TN $632 Houston, Jims Checking Panhandle TX $583 $2,608 $229 $1,504 Interest Checking biherité $1,863 $2,414 Jackson, Maney Savings $294 MS $3,309 Market $887 Total Deposits $7,157
Slide 9: Financial Results
Trustmark Corporation Financial Results gy Trustmark (Sn millions, except per share data) 1-08 2-08 3-08 4-08 Pre-tax, pre-provision income $53.4 $56.5 $48.6 $54.2 Net income to common $26.2 $176 $23.4 $24.0 Return on average tangible common equity 17.59% 11.70% 15.16% 15.10% Return on average asset
Slide 10: Capital Position
Trustmark Corporation @ Tustmark Capital Position (8 in millions) Q1-08 Q2-08 Q3-08 Q4-08 Q1-09 Tangible common equity/Tangible assets 7.05% 6.88% 7.22% 6.95% 7.20% Tangible common equity/Risk weighted assets 8.42% 8.51% 8.80% 9.03% 9.43% Tier 1 risk-based capital ratio 9.42% 9.58% 9.86% 13.01% 13.
Slide 11: Jackson Metro
Jackson Metro >» Trustmark has $2.1 billion in loans and $3.3 billion in deposits* » Maintain market dominance by focusing on cross-selling and retention >» Four new banking centers opened during last 36 months Bi Banking center Hinds 253,766 1.09% 43.55% 24 Rankin 141,751 13.37% 31.25% "1 25 oh erc
Slide 12: Houston MSA
Houston MSA » Trustmark has 16 banking centers > $855 million in loans and $583 million in deposits* » Building stronger Commercial, Retail, and Wealth Management platforms » Six new banking centers opened during last 36 months + As of 3731/2008 +H As of 6902008 Source: SNL Financial and ESRI ' Hous
Slide 13: Memphis MSA
Memphis MSA Trustmark has $443 million in loans and $632 million in deposits* Aoosahatchie NNESSEE » Focus on middle market commercial and real estate lending » Three new banking centers opened during last 36 months 1 Banking center 4c of 3012000 ‘Share! SHE Fnac and ESRI Memphis MSA | 1,324,150
Slide 14: Southern Region
Southern Region > Trustmark has $781 million in loans and $1.5 billion in deposits* » Focus on middle market commercial and real estate lending >» New Banking Center opened July 2008. We Banking center Hattiesburg 123,905 660% 11.78% q MS Gulf Coast 362,237 483% 0.94% 2 Other 374,878 1.30% 25.68% 36
Slide 15: Florida Panhandle
Florida Panhandle > Trustmark has $606 million Ee in loans and $222 millionin \ deposits* \ waswineto ok ALoosia » Cross-sell to Fisher- Brown’s commercial insurance customers » Focus on commercial lending >» Expand Wealth Management Banking center Bah ot eee >» New banking center in z Bay 170,977 7
Slide 16: 2008 Strategic Focus
2008 Strategic Focus » Manage crisis in financial services industry = Reduced credit exposure in Florida, indirect auto, HELOC and credit card = Increased investment securities portfolio = Maintained stable deposit base = Managed mortgage banking interest rate volatility » Assess and resolve problem
Slide 17: 2008 Strategic Focus
2008 Strategic Focus >» Continue retail banking center program = Opened six banking centers in Houston (2), Memphis, Panama City, MS Gulf Coast, and Jackson = Closed two offices with limited growth opportunities >» Invest in technology with new retail deposit system = Implemented Phase | of Argo Dat
Slide 18: 2009 Strategic Focus
2009 Strategic Focus >» Manage credit and balance sheet risk » Enhance and expand Commercial Banking business development program Continue development of Houston franchise Vigorously defend leadership position in major legacy market Preserve equity vv Vv Ww Selectively seek deposit acquisition oppor
Slide 19: People you trust. Advice that works.
People you trust. Advice that works. \\ “ij Trustmark Banking and Financial Solutions