Trustmark Corporation · NASDAQ:TRMK
Trustmark — Gulf South Bank Conference (May 2009)
27 slides from Trustmark's conference presentation, May 7, 2009
Slide 1: People you trust. Advice that works.
People you trust. Advice that works. ig Trustmark Banking and Financial Solutions Gulf South Bank Conference New Orleans, LA May 7, 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 is an integrated provider of banking and financial solutions
Oklahoma Arkansas Trustmark is an integrated provider of banking and financial solutions > $9.8 billion in total assets > $6.6 billion in loans held for investment > $7.2 billion in deposits > $1.1 billion of market capitalization » Serving Florida, Mississippi, Tennessee and Texas » 150 Banking Cen
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 mix
(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: Deposits 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 8: 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 9: Capital Position
Trustmark Corporation Z Trastmark 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% Tier 1 risk-based capital ratio 9.42% 9.58% 9.86% 13.01% — 13,34%* Total risk-based capital ratio 11.21% 11.46% 11.80% 14.98% 18, 28%"
Slide 10: 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 11: 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 12: 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 13: 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 14: 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 15: 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 16: 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 17: 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 7
Slide 18: People you trust. Advice that works.
People you trust. Advice that works. \\ “ij Trustmark Banking and Financial Solutions
Slide 19: Supplemental Information
7 Trustmark Supplemental Information 19
Slide 20: 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 21: Construction and land development loans
YY Trustmark (8 in millions) Mississippi | Tennessee Total Construction (Central and (Memphis, TN? Land and Southern Northern MS Development Loans Florida Regions} Region} Texas % or % oF % oF % of % oF Total Loan Loan Loan Loan 5 Type Type i i Type Lote cy 13 62.3% 5 23.4%) 5 5 W ERE Development 21
Slide 22: Florida loans and construction and land development
YY Trustmark (8 in millions) % of Loan Type $ Loans Gonstruction Land and Development Ganstruction and land development s 276 45.6%) |Lots 25.0%, Secured by 1-4 family residential 4 15.5%] |Development 15.1% Secured by nonfarm, nonresidential 181 (29.8%) |Unim proved land 35.9%) Other real estate se
Slide 23: Florida Credit Quality
Florida Credit Quality March 31, 2009 (8 in thousands) Glassitieg ©) Loan toss TotatLoms Reserve % criticived —Speciat Less Loan of Ror. Loans Mbrtion Nonimpaired impaired | impaired Loss impaired LrLoRina cReDrr QUALITY Totattoas @ ‘Accnring _Nonaccrual Nonaccruat (| Loaus Reserves __Loars (Cenmiru
Slide 24: Securities
Trustmark Corporation Securities March 31, 2009 ($ in millions) Other BoM Municipals 34 $257 $125 Martgage Backed Securities $1,454 Securities $1,870 24
Slide 25: Borrowings
Trustmark Corporation Borrowings March 37, 2009 (8 in millions) sunior subordinated Subordinated Got securities notes 70 Lonterm 9 Fed funds FHLB purchased & ativances repos $75 sor Treasury Auction Facility (TAF) ssa Other short- term borrowings $90 Borrowings $1,250 25
Slide 26: 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 27: People you trust. Advice that works.
People you trust. Advice that works. \\ “ij Trustmark Banking and Financial Solutions