Trustmark Corporation · NASDAQ:TRMK
Trustmark — Sandler O'Neill + Partners East Coast Financial Services Conference 2008
26 slides from Trustmark's conference presentation, Nov 13, 2008
Slide 1: People you trust. Advice that works.
People you trust. Advice that works. ig Trustmark Banking and Financial Solutions Sandler O’Neill + Partners, L.P. East Coast Financial Services Conference November 13, 2008
Slide 2: Forward-looking statements
rustmark Certain statements contained in this document are not statements of historical fact and constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements relating to
Slide 3: Trustmark is an integrated provider of banking and financial solutions
Trustmark is an integrated provider of banking and financial solutions Oklahoma > $9.1 billion in total assets Arkansas » $6.7 billion in loans > $6.9 billion in deposits Louisiana > $1.2 billion of market capitalization » Serving Florida, Mississippi, Tennessee and Texas » 150 Banking Centers » 2,6
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 » Focused on maximizing shareholder value
Slide 5: Houston MSA
Houston MSA » Trustmark has 16 banking centers > $830 million in loans and $551 million in deposits* » Building stronger Commercial, Retail, and Wealth Management platforms » Six new banking centers opened during last 24 months + As of 9072008, +H As of 60/2008 Source: SNL Financial and ESRI ' Houst
Slide 6: Jackson Metro
Jackson Met >» Trustmark has $2.1 billion in loans and $3.0 billion in deposits* >» Maintain market aon ie P F x a dominance by focusing ‘ean ee on cross-selling and retention >» New banking center to open in 2008 @ Future banking center cams | nt, [RR | BE | S| — Hinds 253,766 1.09% 43.55% 20 Ranki
Slide 7: Memphis MSA
Memphis MSA Trustmark has $454 million in loans and $616 million in deposits* Aoosahatchie NNESSEE » Focus on middle market commercial and real estate lending >» Two new Banking Centers opened in the last year WARSHALL Byhata : 1 Banking center + Ae of 9790/2008 Memphis MSA 1,324,150 fete of gore So
Slide 8: Loans by type
$70 $50 $40 $30 (8 in billions) T T T T T T 2001 2002 2003 2004 2005 2006. 2007 9.08 YY Trustmark Sing ans Fanci Sotlone Commercial Loans $4,142 (Sin millions) State & Political Subs See Construction Occupied RE son $708 k CRE Income an Producing $765 $1,328 Consumer Loans $2,598 (Sin millions) Othe
Slide 9: Deposits by type and region
$70 $60 $50 $40 $20 (8 in billions) T T T T T T T 7 201 2 200825 2G 20 908 By Type Noninterest Checking 15 Time $2.5 | T : Interest Checking Money Savings ats Market $1.0 $03 By Region Florida $0.2 Tennessee Mississippi 541
Slide 10: Total revenue and noninterest income
(8 in millions) Total Revenue Total Noninterest Income $371 Million $139 Million Service Insurance Mortgage Charges General $26 $38 AutolCredit $40 Banking Wealth Card $20 $21 waren Treasury & Other $44 Other $9 ‘Wealth Mortgage Management Commercial — $22 Insurance $21 Retail $218 $26 Fee Income to
Slide 11: Financial Results and Capital
Trustmark Corporation Financial Results and Capital (8 in thousands, except EPS) Financial Results Q3-07 4-07 Q1-08 Q2-08 Q3-08 Eamings per share $0.51 $0.42 $0.46 $0.31 $041 Retum on average tangible equity 2041% 16.28% 17.59% 11.70% 15.16% Retum on average assets 1.31% 1.06% 1.19% 0.77% 1.02% Net
Slide 12: Capital Strategy
Trustmark Corporation Capital Strategy » Approval for $215 million of Tier 1 capital through U.S. Treasury CPP » Additional capital for offensive and defensive actions >» Earning asset growth >» Expansion opportunities » Recession “term insurance” As Reported Pro forma »Capital ratios 9/30/08 9/30/0
Slide 13: Strategic Focus
Trustmark Corporation 4 Trustmark Strategic Focus » Manage Florida residential loan portfolio >» Devote resources to grow Houston franchise >» Realign and reinvest in retail banking centers » Invest in technology with new deposit system >» Vigorously defend leadership position of major legacy market
Slide 14: People you trust. Advice that works.
People you trust. Advice that works. \\ “ij Trustmark Banking and Financial Solutions
Slide 15: Supplemental Information
7 Trustmark Supplemental Information 15
Slide 16: Houston MSA
Houston MSA » Trustmark has 16 banking centers > $830 million in loans and $551 million in deposits* » Building stronger Commercial, Retail, and Wealth Management platforms » Six new banking centers opened during last 24 months + As of 9072008, +H As of 60/2008 Source: SNL Financial and ESRI Houston
Slide 17: Jackson Metro
Jackson Met >» Trustmark has $2.1 billion in loans and $3.0 billion in deposits* >» Maintain market aon ie P F x a dominance by focusing ‘ean ee on cross-selling and retention >» New banking center to open in 2008 @ Future banking center cams | nt, [RR | BE | S| — Hinds 253,766 1.09% 43.55% 20 Ranki
Slide 18: Memphis MSA
Memphis MSA Trustmark has $454 million in loans and $616 million in deposits* Aoosahatchie NNESSEE » Focus on middle market commercial and real estate lending >» Two new Banking Centers opened in the last year WARSHALL Byhata : 1 Banking center + Ae of 9790/2008 Memphis MSA 1,324,150 fete of gore So
Slide 19: Southern Region
Southern Region > Trustmark has $781 million in loans and $1.4 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 20: Florida Panhandle
Florida Panhandle >» Trustmark has $617 million Ee in loans and $218 million in \ 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
Slide 21: Credit Quality Trends
Trustmark Corporation Credit Quality Trends (8 in millions) Quarter Ended September 30, 2008 Total Loans (including HFS) Nonperforming Loans Other Real Estate Nonperforming Assets Nonperforming Assets/Total Loans + ORE Provision for Loan Losses Net Charge-offs Periods Ended 2001 Total Loans (includi
Slide 22: Construction and land development loans
YY Trustmark (Bin mitlions) Construction Mississippi | Tennessee Land and {Central and | {Mem phis, Development Southern |TNiNorthern Loans Florida Regions) | MS Region) Texas hot Hof Hof hot hot Total Loan Loan Loan Loan $ Loans| $ Type} $ Type| $ Type| $ Type Lots $ 130 12.9%/$ 82 63.9%/$ 28 2198%
Slide 23: Florida construction and land development
Soot Construction Land and Development $ Loans Lets Ey BAY Development xB 125% Unim proved land 12) 37.0% 1-4 family construction 23 B.7% Other construction 4a 13.594 Construction andland development loans | $302 | 100.0%) Construction and Land Development ($ in millions) %ot Loan Type $ Loans Const
Slide 24: Florida Credit Quality
Florida Credit Quality @ Teustmari September 30, 2008 (8 in thousands) Total Loans Toan Loss Less Loan reserve % of Criticized Classified Nonaccrual Impaired | Impaired Loss —Non-Impaired Totelloans Loans fi} Loms(?) loans Loans f}/ Loss Reserves Loans Construction Land and Development: Lots eza72 $
Slide 25: Contact Information
Contact Information Trustmark 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 Financial Officer 601-208-2310 I
Slide 26: People you trust. Advice that works.
People you trust. Advice that works. \\ “ij Trustmark Banking and Financial Solutions
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