Trustmark Corporation · NASDAQ:TRMK
Trustmark — Shareholder Meeting (May 2013)
16 slides from Trustmark's shareholder meeting presentation, May 7, 2013
Slide 1: Annual Meeting of Shareholders
4A Annual Meeting of Shareholders ig Trust ma rk Jackson, Mississippi Banking and Financial Solutions May 7, 2013 Building a Premier Regional Financial Services Organization
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: Corporate Profile
Corporate Profile At December 31, 2012 Total Assets $9.8 billion Total Loans (HEI & Acquired) $5.7 billion Total Deposits $7.9 billion Market Cap $1.5 billion Banking Centers 170 Financial Results 2010 2011 2012 Net Income cmon) $100.6 $106.8 $117.3 EPS - Diluted $1.57 $1.66 $1.81 Dividends per shar
Slide 4: Investment Thesis
Investment Thesis Proven ability to achieve superior profitability Effective credit risk management program Diversified business mix in attractive markets Significant opportunities for profitable growth a a a Committed to enhancing long-term shareholder value
Slide 5: Proven Ability to Achieve Superior Profitability
Proven Ability to Achieve Superior Profitability ROAA 2012 120% 410% 113% osx oa0% | | 065% osx — TAK GR stl ORF HBHC. BS. IBKC FIN na Average ROAA 2008 - 2012 I | i dos tal 1BKC -HBHC —BXS a] 0.44% 0.86% ROATCE 2012 14.47% sT)CFR)OTRMK RF HBHC BX. BKC. ‘Source: SNL Financial and company reports Ave
Slide 6: Driven by Strong Net Interest Margin and Efficiency Ratio
...Driven by Strong Net Interest Margin and Efficiency Ratio Net Interest Margin 2012 448% 4.09% 361% 357% 3.51% HBHC TRMK © IBKC | BXS—CFR. Average NetInterest Margin" 2008 - 2012 420% 4.04% 4.08% my 3.70% TRMK CFR HBHC BXS)—STI_IBKC.) FN RF. Efficiency Ratio 2012 70.76% 59.6% 61.70% 62.17% 63.20%
Slide 7: Effective Credit Risk Management
Effective Credit Risk Management Quarter Ended 12/2011 3/2012 6/2012 9/2012 12/2012 YOY Change Nonaccrual Loans $110.5 $105.7 = $997 = $80.7 $824 -25.4% Other Real Estate $791 $75.7 $737 $82.5 $78.2 A1% Nonperforming Assets $189.5 $181.5 $1734 $163.1 $160.6 15.3% Nonperforming Assets/Total Loans inc
Slide 8: Strong Capital Base
Strong Capital Base v Capital base reflects profitability through the cycle Y Capital Utilization: = Supportorganic growth = Acquisitions to create additional growth opportunities = Cash dividends 2012 Peer TCE/TA(%) 2012 Peer Total Risk-Based Capital Ratio 10.28% 17.22% 594% 45.38% a5.a1%6 883% 8.7
Slide 9: Diversified Business Mix in Attractive Markets
Diversified Business Mix in Attractive Markets December 31, 2012 YTD Total Revenue $516 Total Noninterest Income $175 $ in millions $ in millions Wealth . Insurance, Dy, 928 MS Comnmutity Service Charges, $50 Banks, $110 Fee Income to Total Revenue 33.9%
Slide 10: Significant Opportunities for Profitable Growth
Significant Opportunities for Profitable Growth BancTrust Merger ¥ Ability to deliver Trustmark’s full suite of banking, mortgage banking, wealth y ‘ Transaction completed February 15,2018 management and insurance services to new Y 3* largest bankheadquartered in markets Alabama Y Completed successf
Slide 11: Financial Results — 1st Quarter 2013
Financial Results — 1° Quarter 2013 At March 31, 2013: Total Assets $11.9 billion Total Loans (HFI & Acquired) $6.5 billion Total Deposits $9.9 billion Market Cap $1.7 billion Banking Centers 220 Reporte 3-31-13 YTD Net Income $24.9 million EPS - Diluted $0.38 Dividends per Share $0.23 ROATCE 10.82%
Slide 12: Diversified Loan Portfolio
Diversified Loan Portfolio Y Loan portfolio has transitioned through economic cycle v In low rate, competitive environment not all loan growth improves profitability Vv Remain disciplined in credit process and pricing v Capacity, ability and desire to increase exposure to certain asset classes as ma
Slide 13: Attractive, Low-Cost Deposit Base
Attractive, Low-Cost Deposit Base Trustmark Deposit Trends $9,909 $7,897 s6a24 $7188 «$7,085 2010 "= InterestBearing _™Noninterest Bearing Cost of Interest-Bearing Deposits 10-2013 0.54% 0.47% 0.38% 0.35% 0.30% 0.26% 0.27% u i | | CFR ORF HBHCTRMK = STI_— FN. IBKC.— XS. ‘Source: SNL Financial and co
Slide 14: Strategic Priorities to Enhance Shareholder Value
Strategic Priorities to Enhance Shareholder Value Y Createand expand customer relationships v Optimize delivery of products and services Y Streamline processes to increase productivity and efficiency v Manage risks effectively v Proactively manage balance sheet
Slide 15: Community Involvement
Community Involvement Leadership by Example * Trustmark makes significant investments, in excess of $2.5 million annually, to supportthe arts, economic development, education, health and social services in the communities we serve. * Trustmark participates in more than 100 nonprofit programs designe
Slide 16: Annual Meeting of Shareholders
4A Annual Meeting of Shareholders ig Trust ma rk Jackson, Mississippi Banking and Financial Solutions May 7, 2013 Building a Premier Regional Financial Services Organization