Trustmark Corporation · NASDAQ:TRMK
Trustmark — Gulf South Bank Conference 2011
23 slides from Trustmark's conference presentation, May 10, 2011
Slide 1: People you trust. Advice that works.
People you trust. Advice that works. iB rustmark Banking and Financial Solutions Annual Shareholders’ Meeting Jackson, Mississippi May 10, 2011 Gulf South Bank Conference New Orleans, Louisiana May 10, 2011
Slide 2: Forward-Looking Statements
Forward-Looking Statements 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 wards such as “may,” “hope,” “will,” “should,” “expect,” "plan," “
Slide 3: Trustmark is Uniquely Positioned to Capitalize on Market Opportunities
Trustmark is Uniquely Positioned to Capitalize i Zar on Market Opportunities v Strong market share in legacy markets with growth potential in Houston and Memphis Y Diversified and stable business mix v Proven ability to generate superior profitability through the cycle Y Solid credit quality as a re
Slide 4: People you trust. Advice that works.
People you trust. At March 31, 2014 ate Advice that works. * Total Assets $9.5 billion Onlatoma * Total Loans HFI $6.0 billion * Total Deposits $7.4 billion * Market Cap $1.5 billion ° Banking Centers 150 Financial Results (¢ in thousands except per share data) 2010 Q1-11 Net income available to com
Slide 5: Stable Business Mix
Stable Business Mix For The Year Ended December 31, 2010 (8 in millions) Total Revenue $518 Total Noninterest Income $166 AutolCredit Card Sirs Mart 54 14 ervice ertatae § ‘Treasury & Charges $55 Insurance $28 r Other $81 General - : Banking $32 Wealth Management Wealth Management $23 Mortgage $28 C
Slide 6: Proven Ability to Generate Superior Profitability
Proven Ability to Generate Superior Profitability @ Trustmark (8 in miltions) Profitability and Key Ratios 1-10 2-10 3-10 4-10 2010 1-11 Net Income Available to Common Shareholders $23.5 $26.2 $25.9 $25.2 $100.6 $24.0 Return on Average Assets 102% 113% 1.11% 1.07% 1.08% 102% Return on Average Tangib
Slide 7: Driven by Best in Class Net Interest Margin and Efficiency Ratio
... Driven by Best in Class Net Interest Margin @ Teustmark and Efficiency Ratio Y Best inclass margin resulting from disciplined loan and deposit pricing and prudent investment portfolio management v Management’s focus on expense initiatives has translated into a top tier operating platform 192011
Slide 8: Total Loans Held for Investment $5,964
Total Loans Held for Investment $5,964 Commercial Loans $3,933 Consumer Loans $2,031 & Land
Slide 9: Prudent Credit Risk Management
Prudent Credit Risk Management @ Teustmark March 31, 2011 (Sin millions) Y — During the last 12 months the Florida construction and land development portfolio was reduced by 33.3% to $122.4 million. At quarter end, the associated reserve on this portfolio was $14.5 million, or 11.88%. Y Allocation o
Slide 10: Dependable, Low Cost Core Funding Base
Dependable, Low Cost Core Funding Base March 31, 2011 ($ in milions) Total Deposits $7,426 Loans HFI/ Deposits 120% 108 100% 7 * 0 80 ax HO 4 = 1876 7 % 6% - — — -— = = 40% 20% ox eee ESEE RS ec ES Source: SNL Rnancial and company reports Dependable, Low Cost Core Funding Base 10
Slide 11: Robust Capital Position
Robust Capital Position @ Teustmark Provides Strategic Flexibility Optimized capital structure; 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. Q1-10
Slide 12: Robust Capital Position and Attractive Dividend
Robust Capital Position and Attractive Dividend @ Teustmark Y Given quality and stability of earnings, Trustmark has increased its dividend over time and maintained it through the cycle Y Trustmark is one of the 27 largest banks “ in the U.S. that maintained its dividend since September 2007 2010 Ta
Slide 13: Heritage Banking Group
Heritage Banking Gr é ¥ Acquired from FDIC on April 15, 2011 Y 90-year old financial institution headquartered Ceietos in Carthage, MS ¥ #1 deposit market share in Leake County ¥ 8 branches, including 5 in close proximity to existing Trustmark offices ¥ Acquired $203 million in deposits and $150 mil
Slide 14: Slow recovery with continued uncertainty
Slow recovery with continued uncertainty Exceptionally low interest rates Continued elevation in credit costs Reg E and Durbin Amendment provide revenue headwinds Anticipate higher regulatory capital requirements Sluggish economic environment coupled with increased credit casts and reduced revenue f
Slide 15: Strategic Priorities
Strategic Priorities Y Continue to manage through challenging business cycle v Aggressively work to dispose of ORE ¥ Maintain fortress balance sheet and appropriate capital ratios ¥ Position organization for success in new regulatory reform environment ¥ Prudent investments to support revenue growth
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 7
Slide 18: Mississippi banking center market
2 mind ot >» Trustmark has $2.0 billion in loans and $3.6 billion i 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% 40.58% 21 Rankin 146,177 9.82% 33.09
Slide 19: Houston banking center market
Banking center > Trustmark has $784 million in loans and $446 million in deposits* Building stronger Commercial, Retail, and Wealth Management platforms 2010-15 Projected | Deposit | _TRMK 2010 Population | Market | Banking Market Population Growth Share’ | Centers Houston MSA 6,017,013 10.48% | 0.3
Slide 20: Memphis banking center market
NNESSEE Ba cote uncon MARSHALL Prhata MISSISSIP Banking center > Trustmark has $389 million in 2010.15 igs ¥ e Projected Deposit TRMK loans and $637 million in deposits* 2010 Population Market Banking . Market Population Growth Share* Centers » Focus on middle market Memphis MSA | 1,325,833 | 4.28%
Slide 21: Florida banking center market
>» Trustmark has $427 million in loans ‘lion i itst and $229 million in deposits Feauney » Cross-sell to Fisher Brown Bottrell Bay 170,196 commercial insurance customers Okaloosa 191,856 Walton 57,960 >» Focus on commercial lending and expansion of wealth management Total 420,012 3.89% 3.27% 8 +Rea
Slide 22: Contact information
Contact information 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 Igreer@trus
Slide 23: People you trust. Advice that works.
People you trust. Advice that works. iB Trustmark janking and Financial Solutions