falsedesktopTRMK2020-09-30000156459020051335{"tbl_sim": "https://q10k.com/tbl-sim", "search": "https://q10k.com/search"}{"q10k_tbl_0": "Large accelerated filer\t☒\tAccelerated filer\t☐\nNon-accelerated filer\t☐\tSmaller reporting company\t☐\nEmerging growth company\t☐\t\t\n", "q10k_tbl_1": "\t(Unaudited)\t\n\tSeptember 30 2020\tDecember 31 2019\nAssets\t\t\nCash and due from banks\t564588\t358916\nFederal funds sold and securities purchased under reverse repurchase agreements\t50\t0\nSecurities available for sale at fair value (amortized cost: $1885860; allowance for credit losses: $0)\t1922728\t1602404\nSecurities held to maturity net of allowance for credit losses of $0 (fair value: $639665-2020; $746202-2019)\t611280\t738099\nPaycheck Protection Program (PPP) loans\t944270\t0\nLoans held for sale (LHFS)\t485103\t226347\nLoans held for investment (LHFI) (1)\t9847728\t9335628\nLess allowance for credit losses (ACL) LHFI (1)\t122010\t84277\nNet LHFI\t9725718\t9251351\nAcquired loans (1)\t0\t72601\nLess allowance for loan losses acquired loans (1)\t0\t815\nNet acquired loans\t0\t71786\nNet LHFI and acquired loans\t9725718\t9323137\nPremises and equipment net\t192722\t189791\nMortgage servicing rights\t61613\t79394\nGoodwill\t385270\t379627\nIdentifiable intangible assets net\t8142\t7343\nOther real estate\t16248\t29248\nOperating lease right-of-use assets\t30508\t31182\nOther assets\t609922\t532389\nTotal Assets\t15558162\t13497877\nLiabilities\t\t\nDeposits:\t\t\nNoninterest-bearing\t3964023\t2891215\nInterest-bearing\t9258390\t8354342\nTotal deposits\t13222413\t11245557\nFederal funds purchased and securities sold under repurchase agreements\t153834\t256020\nOther borrowings\t178599\t85396\nJunior subordinated debt securities\t61856\t61856\nACL on off-balance sheet credit exposures (1)\t39659\t0\nOperating lease liabilities\t31838\t32354\nOther liabilities\t159922\t155992\nTotal Liabilities\t13848121\t11837175\nShareholders' Equity\t\t\nCommon stock no par value:\t\t\nAuthorized: 250000000 shares Issued and outstanding: 63423820 shares - 2020; 64200111 shares - 2019\t13215\t13376\nCapital surplus\t231836\t256400\nRetained earnings\t1459306\t1414526\nAccumulated other comprehensive income (loss) net of tax\t5684\t(23600)\nTotal Shareholders' Equity\t1710041\t1660702\nTotal Liabilities and Shareholders' Equity\t15558162\t13497877\n", "q10k_tbl_2": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nInterest Income\t\t\t\t\nInterest and fees on LHFS & LHFI\t94523\t113285\t297227\t331820\nInterest and fees on PPP loans\t6729\t0\t11773\t0\nInterest and fees on acquired loans (1)\t0\t2309\t0\t6235\nInterest on securities:\t\t\t\t\nTaxable\t12542\t13184\t38252\t41765\nTax exempt\t238\t383\t848\t1329\nInterest on federal funds sold and securities purchased under reverse repurchase agreements\t1\t23\t1\t239\nOther interest income\t331\t1044\t1310\t4467\nTotal Interest Income\t114364\t130228\t349411\t385855\nInterest Expense\t\t\t\t\nInterest on deposits\t7437\t20385\t31124\t61455\nInterest on federal funds purchased and securities sold under repurchase agreements\t32\t547\t699\t916\nOther interest expense\t688\t830\t2429\t2486\nTotal Interest Expense\t8157\t21762\t34252\t64857\nNet Interest Income\t106207\t108466\t315159\t320998\nProvision for credit losses (PCL) (1)\t1760\t3039\t40526\t7136\nProvision for loan losses acquired loans (1)\t0\t(140)\t0\t44\nNet Interest Income After PCL\t104447\t105567\t274633\t313818\nNoninterest Income\t\t\t\t\nService charges on deposit accounts\t7577\t11065\t24006\t31709\nBank card and other fees\t8843\t8349\t21915\t23544\nMortgage banking net\t36439\t8171\t97667\t21908\nInsurance commissions\t11562\t11072\t34980\t33032\nWealth management\t7679\t7691\t23787\t22916\nOther net\t1601\t1989\t6121\t6358\nTotal Noninterest Income\t73701\t48337\t208476\t139467\nNoninterest Expense\t\t\t\t\nSalaries and employee benefits\t67342\t62495\t202597\t185398\nServices and fees\t20992\t18838\t61489\t53815\nNet occupancy - premises\t7000\t6831\t19873\t19688\nEquipment expense\t5828\t5971\t17064\t17853\nOther real estate expense net\t1203\t531\t2768\t2415\nCredit loss expense related to off-balance sheet credit exposures (1)\t(3004)\t0\t10021\t0\nOther expense\t14598\t12187\t42616\t39806\nTotal Noninterest Expense\t113959\t106853\t356428\t318975\nIncome Before Income Taxes\t64189\t47051\t126681\t134310\nIncome taxes\t9749\t6016\t17873\t17796\nNet Income\t54440\t41035\t108808\t116514\nEarnings Per Share\t\t\t\t\nBasic\t0.86\t0.64\t1.71\t1.80\nDiluted\t0.86\t0.64\t1.71\t1.80\n", "q10k_tbl_3": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nNet income per consolidated statements of income\t54440\t41035\t108808\t116514\nOther comprehensive income (loss) net of tax:\t\t\t\t\nNet unrealized gains (losses) on available for sale securities and transferred securities:\t\t\t\t\nNet unrealized holding gains (losses) arising during the period\t(5781)\t3116\t26585\t32293\nChange in net unrealized holding loss on securities transferred to held to maturity\t603\t637\t1832\t2139\nPension and other postretirement benefit plans:\t\t\t\t\nReclassification adjustments for changes realized in net income:\t\t\t\t\nNet change in prior service costs\t28\t46\t84\t140\nRecognized net loss due to lump sum settlement\t30\t34\t60\t105\nChange in net actuarial loss\t239\t186\t723\t562\nDerivatives:\t\t\t\t\nChange in the accumulated gain (loss) on effective cash flow hedge derivatives\t0\t14\t0\t(109)\nReclassification adjustment for (gain) loss realized in net income\t0\t(75)\t0\t(309)\nOther comprehensive income (loss) net of tax\t(4881)\t3958\t29284\t34821\nComprehensive income\t49559\t44993\t138092\t151335\n", "q10k_tbl_4": "\t\t\t\t\tAccumulated\t\n\t\t\t\t\tOther\t\n\tCommon Stock\t\t\t\tComprehensive\t\n\tShares\t\tCapital\tRetained\tIncome\t\n\tOutstanding\tAmount\tSurplus\tEarnings\t(Loss)\tTotal\nBalance January 1 2020\t64200111\t13376\t256400\t1414526\t(23600)\t1660702\nFASB ASU 2016-13 adoption adjustment\t0\t0\t0\t(19949)\t0\t(19949)\nNet income per consolidated statements of income\t0\t0\t0\t22218\t0\t22218\nOther comprehensive income (loss) net of tax\t0\t0\t0\t0\t31298\t31298\nCommon stock dividends paid ($0.23 per share)\t0\t0\t0\t(14706)\t0\t(14706)\nShares withheld to pay taxes long-term incentive plan\t83759\t17\t(1037)\t0\t0\t(1020)\nRepurchase and retirement of common stock\t(886958)\t(184)\t(27354)\t0\t0\t(27538)\nCompensation expense long-term incentive plan\t0\t0\t1394\t0\t0\t1394\nBalance March 31 2020\t63396912\t13209\t229403\t1402089\t7698\t1652399\nNet income per consolidated statements of income\t0\t0\t0\t32150\t0\t32150\nOther comprehensive income (loss) net of tax\t0\t0\t0\t0\t2867\t2867\nCommon stock dividends paid ($0.23 per share)\t0\t0\t0\t(14687)\t0\t(14687)\nShares withheld to pay taxes long-term incentive plan\t25527\t5\t(64)\t0\t0\t(59)\nCompensation expense long-term incentive plan\t0\t0\t1274\t0\t0\t1274\nBalance June 30 2020\t63422439\t13214\t230613\t1419552\t10565\t1673944\nNet income per consolidated statements of income\t0\t0\t0\t54440\t0\t54440\nOther comprehensive income (loss) net of tax\t0\t0\t0\t0\t(4881)\t(4881)\nCommon stock dividends paid ($0.23 per share)\t0\t0\t0\t(14686)\t0\t(14686)\nShares withheld to pay taxes long-term incentive plan\t1381\t1\t(16)\t0\t0\t(15)\nCompensation expense long-term incentive plan\t0\t0\t1239\t0\t0\t1239\nBalance September 30 2020\t63423820\t13215\t231836\t1459306\t5684\t1710041\n", "q10k_tbl_5": "\t\t\t\t\tAccumulated\t\n\t\t\t\t\tOther\t\n\tCommon Stock\t\t\t\tComprehensive\t\n\tShares\t\tCapital\tRetained\tIncome\t\n\tOutstanding\tAmount\tSurplus\tEarnings\t(Loss)\tTotal\nBalance January 1 2019\t65834395\t13717\t309545\t1323870\t(55679)\t1591453\nNet income per consolidated statements of income\t0\t0\t0\t33339\t0\t33339\nOther comprehensive income (loss) net of tax\t0\t0\t0\t0\t14764\t14764\nCommon stock dividends paid ($0.23 per share)\t0\t0\t0\t(15033)\t0\t(15033)\nShares withheld to pay taxes long-term incentive plan\t123821\t25\t(1629)\t0\t0\t(1604)\nRepurchase and retirement of common stock\t(1168273)\t(243)\t(36650)\t0\t0\t(36893)\nCompensation expense long-term incentive plan\t0\t0\t1002\t0\t0\t1002\nBalance March 31 2019\t64789943\t13499\t272268\t1342176\t(40915)\t1587028\nNet income per consolidated statements of income\t0\t0\t0\t42140\t0\t42140\nOther comprehensive income (loss) net of tax\t0\t0\t0\t0\t16099\t16099\nCommon stock dividends paid ($0.23 per share)\t0\t0\t0\t(14987)\t0\t(14987)\nShares withheld to pay taxes long-term incentive plan\t7087\t2\t(3)\t0\t0\t(1)\nRepurchase and retirement of common stock\t(398184)\t(83)\t(12925)\t0\t0\t(13008)\nCompensation expense long-term incentive plan\t0\t0\t1279\t0\t0\t1279\nBalance June 30 2019\t64398846\t13418\t260619\t1369329\t(24816)\t1618550\nNet income per consolidated statements of income\t0\t0\t0\t41035\t0\t41035\nOther comprehensive income (loss) net of tax\t0\t0\t0\t0\t3958\t3958\nCommon stock dividends paid ($0.23 per share)\t0\t0\t0\t(14904)\t0\t(14904)\nShares withheld to pay taxes long-term incentive plan\t2502\t1\t(35)\t0\t0\t(34)\nRepurchase and retirement of common stock\t(138569)\t(29)\t(4486)\t0\t0\t(4515)\nCompensation expense long-term incentive plan\t0\t0\t1272\t0\t0\t1272\nBalance September 30 2019\t64262779\t13390\t257370\t1395460\t(20858)\t1645362\n", "q10k_tbl_6": "\tNine Months Ended September 30\t\n\t2020\t2019\nOperating Activities\t\t\nNet income per consolidated statements of income\t108808\t116514\nAdjustments to reconcile net income to net cash provided by operating activities:\t\t\nCredit loss expense net (1)\t50547\t7180\nDepreciation and amortization\t30000\t29585\nNet amortization of securities\t8458\t5699\nGains on sales of loans net\t(61464)\t(17556)\nCompensation expense long-term incentive plan\t3907\t3553\nDeferred income tax provision\t(20600)\t(6400)\nProceeds from sales of loans held for sale\t1869187\t943309\nPurchases and originations of loans held for sale\t(1976190)\t(1078222)\nOriginations of mortgage servicing rights\t(20728)\t(11431)\nEarnings on bank-owned life insurance\t(3845)\t(4239)\nNet change in other assets\t(53141)\t(31241)\nNet change in other liabilities\t5667\t(1625)\nOther operating activities net\t30367\t26874\nNet cash from operating activities\t(29027)\t(18000)\nInvesting Activities\t\t\nProceeds from maturities prepayments and calls of securities held to maturity\t128367\t125652\nProceeds from maturities prepayments and calls of securities available for sale\t465568\t306630\nPurchases of securities available for sale\t(758008)\t(9744)\nNet proceeds from bank-owned life insurance\t592\t4159\nNet change in federal funds sold and securities purchased under reverse repurchase agreements\t(50)\t830\nNet change in member bank stock\t281\t(285)\nNet change in LHFI and PPP loans\t(1384833)\t(370781)\nPurchases of premises and equipment\t(15634)\t(11335)\nProceeds from sales of premises and equipment\t548\t2374\nProceeds from sales of other real estate\t11434\t6698\nPurchases of software\t(6050)\t(9541)\nInvestments in tax credit and other partnerships\t(4458)\t(3426)\nPurchase of insurance book of business\t(3097)\t(347)\nNet cash used in business acquisition\t(4834)\t0\nNet cash from investing activities\t(1570174)\t40884\nFinancing Activities\t\t\nNet change in deposits\t1976856\t(110228)\nNet change in federal funds purchased and securities sold under repurchase agreements\t(102186)\t326241\nNet change in short-term borrowings\t4272\t344\nPayments on long-term FHLB advances\t(39)\t(51)\nPayments under finance lease obligations\t(1319)\t(1509)\nCommon stock dividends\t(44079)\t(44924)\nRepurchase and retirement of common stock\t(27538)\t(54416)\nShares withheld to pay taxes long-term incentive plan\t(1094)\t(1639)\nNet cash from financing activities\t1804873\t113818\nNet change in cash and cash equivalents\t205672\t136702\nCash and cash equivalents at beginning of period\t358916\t349561\nCash and cash equivalents at end of period\t564588\t486263\n", "q10k_tbl_7": "\tSeptember 30 2020\nAaa\t579674\nAa1 to Aa3\t26166\nNot Rated (1)\t5440\nTotal\t611280\n", "q10k_tbl_8": "\tSecurities Available for Sale\t\t\t\tSecurities Held to Maturity\t\t\t\nSeptember 30 2020\tAmortized Cost\tGross Unrealized Gains\tGross Unrealized Losses\tEstimated Fair Value\tAmortized Cost\tGross Unrealized Gains\tGross Unrealized Losses\tEstimated Fair Value\nU.S. Government agency obligations\t19318\t189\t(496)\t19011\t0\t0\t0\t0\nObligations of states and political subdivisions\t7714\t601\t0\t8315\t31605\t375\t(12)\t31968\nMortgage-backed securities\t\t\t\t\t\t\t\t\nResidential mortgage pass-through securities\t\t\t\t\t\t\t\t\nGuaranteed by GNMA\t60492\t1665\t(1)\t62156\t8244\t353\t0\t8597\nIssued by FNMA and FHLMC\t1259607\t21265\t(953)\t1279919\t78213\t2776\t0\t80989\nOther residential mortgage-backed securities\t\t\t\t\t\t\t\t\nIssued or guaranteed by FNMA FHLMC or GNMA\t487567\t13309\t(18)\t500858\t399400\t22181\t(10)\t421571\nCommercial mortgage-backed securities\t\t\t\t\t\t\t\t\nIssued or guaranteed by FNMA FHLMC or GNMA\t51162\t1316\t(9)\t52469\t93818\t2726\t(4)\t96540\nTotal\t1885860\t38345\t(1477)\t1922728\t611280\t28411\t(26)\t639665\nDecember 31 2019\t\t\t\t\t\t\t\t\nU.S. Government agency obligations\t22965\t69\t(707)\t22327\t3781\t220\t0\t4001\nObligations of states and political subdivisions\t24952\t513\t0\t25465\t31781\t434\t(53)\t32162\nMortgage-backed securities\t\t\t\t\t\t\t\t\nResidential mortgage pass-through securities\t\t\t\t\t\t\t\t\nGuaranteed by GNMA\t69196\t425\t(369)\t69252\t10820\t266\t(10)\t11076\nIssued by FNMA and FHLMC\t714350\t2171\t(3165)\t713356\t96631\t286\t(370)\t96547\nOther residential mortgage-backed securities\t\t\t\t\t\t\t\t\nIssued or guaranteed by FNMA FHLMC or GNMA\t656162\t3777\t(1713)\t658226\t485324\t7026\t(656)\t491694\nCommercial mortgage-backed securities\t\t\t\t\t\t\t\t\nIssued or guaranteed by FNMA FHLMC or GNMA\t113359\t625\t(206)\t113778\t109762\t1042\t(82)\t110722\nTotal\t1600984\t7580\t(6160)\t1602404\t738099\t9274\t(1171)\t746202\n", "q10k_tbl_9": "\tLess than 12 Months\t\t12 Months or More\t\tTotal\t\nSeptember 30 2020\tEstimated Fair Value\tGross Unrealized Losses\tEstimated Fair Value\tGross Unrealized Losses\tEstimated Fair Value\tGross Unrealized Losses\nU.S. Government agency obligations\t0\t0\t11347\t(496)\t11347\t(496)\nObligations of states and political subdivisions\t0\t0\t6221\t(12)\t6221\t(12)\nMortgage-backed securities\t\t\t\t\t\t\nResidential mortgage pass-through securities\t\t\t\t\t\t\nGuaranteed by GNMA\t353\t(1)\t0\t0\t353\t(1)\nIssued by FNMA and FHLMC\t399494\t(953)\t0\t0\t399494\t(953)\nOther residential mortgage-backed securities\t\t\t\t\t\t\nIssued or guaranteed by FNMA FHLMC or GNMA\t11155\t(28)\t0\t0\t11155\t(28)\nCommercial mortgage-backed securities\t\t\t\t\t\t\nIssued or guaranteed by FNMA FHLMC or GNMA\t15029\t(4)\t663\t(9)\t15692\t(13)\nTotal\t426031\t(986)\t18231\t(517)\t444262\t(1503)\nDecember 31 2019\t\t\t\t\t\t\nU.S. Government agency obligations\t6585\t(105)\t12886\t(602)\t19471\t(707)\nObligations of states and political subdivisions\t0\t0\t6216\t(53)\t6216\t(53)\nMortgage-backed securities\t\t\t\t\t\t\nResidential mortgage pass-through securities\t\t\t\t\t\t\nGuaranteed by GNMA\t23544\t(107)\t18529\t(272)\t42073\t(379)\nIssued by FNMA and FHLMC\t112879\t(230)\t278120\t(3305)\t390999\t(3535)\nOther residential mortgage-backed securities\t\t\t\t\t\t\nIssued or guaranteed by FNMA FHLMC or GNMA\t158341\t(738)\t151271\t(1631)\t309612\t(2369)\nCommercial mortgage-backed securities\t\t\t\t\t\t\nIssued or guaranteed by FNMA FHLMC or GNMA\t51312\t(167)\t14155\t(121)\t65467\t(288)\nTotal\t352661\t(1347)\t481177\t(5984)\t833838\t(7331)\n", "q10k_tbl_10": "\tSecurities Available for Sale\t\tSecurities Held to Maturity\t\n\tAmortized Cost\tEstimated Fair Value\tAmortized Cost\tEstimated Fair Value\nDue in one year or less\t4667\t4719\t20900\t21018\nDue after one year through five years\t1543\t1589\t10705\t10950\nDue after five years through ten years\t2096\t2051\t0\t0\nDue after ten years\t18726\t18967\t0\t0\n\t27032\t27326\t31605\t31968\nMortgage-backed securities\t1858828\t1895402\t579675\t607697\nTotal\t1885860\t1922728\t611280\t639665\n", "q10k_tbl_11": "\tSeptember 30 2020\tDecember 31 2019\nLoans secured by real estate:\t\t\nConstruction land development and other land\t494519\t1162791\nOther secured by 1-4 family residential properties (1)\t547148\t1855913\nSecured by nonfarm nonresidential properties\t2707627\t2475245\nOther real estate secured\t887792\t724480\nOther loans secured by real estate: (1)\t\t\nOther construction\t891428\t0\nSecured by 1-4 family residential properties\t1228252\t0\nCommercial and industrial loans\t1398468\t1477896\nConsumer loans\t163933\t175738\nState and other political subdivision loans\t935349\t967944\nOther commercial loans (1)\t593212\t495621\nLHFI\t9847728\t9335628\nLess ACL\t122010\t84277\nNet LHFI\t9725718\t9251351\n", "q10k_tbl_12": "\tSeptember 30 2020\t\t\n\tNonaccrual With No ACL\tTotal Nonaccrual\tLoans Past Due 90 Days or More Still Accruing\nLoans secured by real estate:\t\t\t\nConstruction land development and other land\t517\t786\t0\nOther secured by 1-4 family residential properties\t1928\t4298\t299\nSecured by nonfarm nonresidential properties\t6951\t10272\t0\nOther real estate secured\t61\t565\t0\nOther loans secured by real estate:\t\t\t\nOther construction\t0\t0\t0\nSecured by 1-4 family residential properties\t0\t11087\t359\nCommercial and industrial loans\t13465\t16813\t0\nConsumer loans\t0\t96\t124\nState and other political subdivision loans\t0\t4019\t0\nOther commercial loans\t0\t5920\t0\nTotal\t22922\t53856\t782\n", "q10k_tbl_13": "\tSeptember 30 2020\t\t\t\t\t\n\tPast Due\t\t\t\t\t\n\t30-59 Days\t60-89 Days\t90 Days or More\tTotal Past Due\tCurrent Loans\tTotal LHFI\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t867\t262\t186\t1315\t493204\t494519\nOther secured by 1-4 family residential properties\t906\t664\t908\t2478\t544670\t547148\nSecured by nonfarm nonresidential properties\t172\t93\t881\t1146\t2706481\t2707627\nOther real estate secured\t15\t107\t0\t122\t887670\t887792\nOther loans secured by real estate:\t\t\t\t\t\t\nOther construction\t0\t0\t0\t0\t891428\t891428\nSecured by 1-4 family residential properties\t2882\t1034\t3857\t7773\t1220479\t1228252\nCommercial and industrial loans\t740\t340\t1922\t3002\t1395466\t1398468\nConsumer loans\t899\t226\t124\t1249\t162684\t163933\nState and other political subdivision loans\t0\t0\t177\t177\t935172\t935349\nOther commercial loans\t46\t520\t401\t967\t592245\t593212\nTotal\t6527\t3246\t8456\t18229\t9829499\t9847728\n", "q10k_tbl_14": "\tDecember 31 2019\t\t\t\t\t\t\n\tPast Due\t\t\t\t\t\t\n\t30-59 Days\t60-89 Days\t90 Days or More (1)\tTotal\tNonaccrual\tCurrent Loans\tTotal LHFI\nLoans secured by real estate:\t\t\t\t\t\t\t\nConstruction land development and other land\t380\t256\t0\t636\t897\t1161258\t1162791\nSecured by 1-4 family residential properties\t5254\t940\t211\t6405\t16810\t1832698\t1855913\nSecured by nonfarm nonresidential properties\t1698\t0\t0\t1698\t7700\t2465847\t2475245\nOther real estate secured\t8\t0\t0\t8\t1032\t723440\t724480\nCommercial and industrial loans\t617\t12\t39\t668\t21775\t1455453\t1477896\nConsumer loans\t2208\t380\t392\t2980\t108\t172650\t175738\nState and other political subdivision loans\t76\t0\t0\t76\t4079\t963789\t967944\nOther loans\t152\t4\t0\t156\t825\t494640\t495621\nTotal\t10393\t1592\t642\t12627\t53226\t9269775\t9335628\n", "q10k_tbl_15": "\tDecember 31 2019\t\t\t\t\t\n\tLHFI\t\t\t\t\t\n\tUnpaid Principal Balance\tWith No Related Allowance Recorded\tWith an Allowance Recorded\tTotal Recorded Investment\tRelated Allowance\tAverage Recorded Investment\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t926\t610\t16\t626\t0\t1089\nSecured by 1-4 family residential properties\t6513\t2104\t3360\t5464\t35\t4713\nSecured by nonfarm nonresidential properties\t7295\t1462\t5255\t6717\t2355\t8096\nOther real estate secured\t69\t0\t68\t68\t0\t158\nCommercial and industrial loans\t27178\t19374\t4084\t23458\t707\t27088\nConsumer loans\t22\t0\t21\t21\t0\t11\nState and other political subdivision loans\t4079\t0\t4079\t4079\t1809\t6337\nOther loans\t1207\t0\t784\t784\t553\t1033\nTotal\t47289\t23550\t17667\t41217\t5459\t48525\n", "q10k_tbl_16": "\tThree Months Ended September 30\t\t\t\t\t\n\t2020\t\t\t2019\t\t\n\tNumber of Contracts\tPre-Modification Outstanding Recorded Investment\tPost-Modification Outstanding Recorded Investment\tNumber of Contracts\tPre-Modification Outstanding Recorded Investment\tPost-Modification Outstanding Recorded Investment\nLoans secured by real estate:\t\t\t\t\t\t\nOther secured by 1-4 family residential properties\t3\t87\t89\t4\t113\t102\nCommercial and industrial loans\t1\t48\t47\t0\t0\t0\nTotal\t4\t135\t136\t4\t113\t102\n", "q10k_tbl_17": "\tNine Months Ended September 30\t\t\t\t\t\n\t2020\t\t\t2019\t\t\n\tNumber of Contracts\tPre-Modification Outstanding Recorded Investment\tPost-Modification Outstanding Recorded Investment\tNumber of Contracts\tPre-Modification Outstanding Recorded Investment\tPost-Modification Outstanding Recorded Investment\nLoans secured by real estate:\t\t\t\t\t\t\nOther secured by 1-4 family residential properties\t11\t794\t800\t11\t992\t980\nSecured by nonfarm nonresidential properties\t1\t139\t139\t1\t5055\t5055\nCommercial and industrial loans\t3\t1630\t1629\t8\t9167\t9054\nConsumer loans\t6\t26\t26\t2\t30\t30\nState and other political subdivision loans\t2\t3902\t3872\t0\t0\t0\nTotal\t23\t6491\t6466\t22\t15244\t15119\n", "q10k_tbl_18": "\tNine Months Ended September 30\t\t\t\n\t2020\t\t2019\t\n\tNumber of Contracts\tRecorded Investment\tNumber of Contracts\tRecorded Investment\nLoans secured by real estate:\t\t\t\t\nOther secured by 1-4 family residential properties\t4\t484\t1\t46\nSecured by nonfarm nonresidential properties\t1\t139\t0\t0\nCommercial and industrial loans\t1\t82\t8\t254\nConsumer loans\t0\t0\t1\t27\nTotal\t6\t705\t10\t327\n", "q10k_tbl_19": "\tSeptember 30 2020\t\t\n\tAccruing\tNonaccrual\tTotal\nLoans secured by real estate:\t\t\t\nConstruction land development and other land\t0\t13\t13\nOther secured by 1-4 family residential properties\t18\t3689\t3707\nSecured by nonfarm nonresidential properties\t0\t2970\t2970\nCommercial and industrial loans\t1500\t13198\t14698\nConsumer loans\t16\t19\t35\nState and other political subdivision loans\t0\t3842\t3842\nOther commercial loans\t0\t125\t125\nTotal TDRs\t1534\t23856\t25390\n", "q10k_tbl_20": "\tSeptember 30 2019\t\t\n\tAccruing\tNonaccrual\tTotal\nLoans secured by real estate:\t\t\t\nConstruction land development and other land\t0\t18\t18\nSecured by 1-4 family residential properties\t101\t3373\t3474\nSecured by nonfarm nonresidential properties\t0\t5243\t5243\nCommercial and industrial loans\t1246\t20262\t21508\nConsumer loans\t0\t23\t23\nOther loans\t0\t244\t244\nTotal TDRs\t1347\t29163\t30510\n", "q10k_tbl_21": "\tSeptember 30 2020\t\t\t\t\t\n\tReal Estate\tEquipment and Machinery\tInventory and Receivables\tVehicles\tMiscellaneous\tTotal\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t1024\t0\t0\t0\t0\t1024\nOther secured by 1-4 family residential properties\t474\t0\t0\t0\t0\t474\nSecured by nonfarm nonresidential properties\t13527\t0\t0\t0\t0\t13527\nOther real estate secured\t61\t0\t0\t0\t0\t61\nOther loans secured by real estate:\t\t\t\t\t\t\nOther construction\t0\t0\t0\t0\t0\t0\nSecured by 1-4 family residential properties\t1453\t0\t0\t0\t0\t1453\nCommercial and industrial loans\t96\t798\t5174\t155\t8660\t14883\nConsumer loans\t0\t0\t0\t0\t0\t0\nState and other political subdivision loans\t4019\t0\t0\t0\t0\t4019\nOther commercial loans\t623\t0\t1983\t0\t3120\t5726\nTotal\t21277\t798\t7157\t155\t11780\t41167\n", "q10k_tbl_22": "\tTerm Loans by Origination Year\t\t\t\t\t\t\t\n\t2020\t2019\t2018\t2017\t2016\tPrior\tRevolving Loans\tTotal\nAs of September 30 2020\tCommercial LHFI\t\t\t\t\t\t\t\nLoans secured by real estate:\t\t\t\t\t\t\t\t\nConstruction land development and other land:\t\t\t\t\t\t\t\t\nPass - RR 1 through RR 6\t226639\t96572\t33263\t4709\t3424\t4336\t29238\t398181\nSpecial Mention - RR 7\t268\t0\t0\t0\t0\t0\t0\t268\nSubstandard - RR 8\t6304\t4194\t1372\t34\t680\t23\t0\t12607\nDoubtful - RR 9\t0\t0\t0\t0\t0\t42\t0\t42\nTotal\t233211\t100766\t34635\t4743\t4104\t4401\t29238\t411098\nOther secured by 1-4 family residential properties:\t\t\t\t\t\t\t\t\nPass - RR 1 through RR 6\t28504\t23022\t18840\t10616\t11869\t6610\t8288\t107749\nSpecial Mention - RR 7\t46\t43\t0\t0\t0\t0\t0\t89\nSubstandard - RR 8\t934\t82\t981\t353\t305\t613\t4150\t7418\nDoubtful - RR 9\t31\t0\t0\t0\t0\t0\t0\t31\nTotal\t29515\t23147\t19821\t10969\t12174\t7223\t12438\t115287\nSecured by nonfarm nonresidential properties:\t\t\t\t\t\t\t\t\nPass - RR 1 through RR 6\t545273\t503516\t435877\t326971\t274113\t333242\t110298\t2529290\nSpecial Mention - RR 7\t6330\t6916\t13487\t4551\t5053\t15227\t0\t51564\nSubstandard - RR 8\t14093\t22207\t3515\t13092\t35939\t34326\t2130\t125302\nDoubtful - RR 9\t55\t167\t0\t0\t217\t318\t0\t757\nTotal\t565751\t532806\t452879\t344614\t315322\t383113\t112428\t2706913\nOther real estate secured:\t\t\t\t\t\t\t\t\nPass - RR 1 through RR 6\t107988\t206213\t303645\t107141\t110083\t27682\t11336\t874088\nSpecial Mention - RR 7\t0\t0\t0\t0\t0\t858\t0\t858\nSubstandard - RR 8\t11076\t148\t18\t0\t566\t501\t0\t12309\nDoubtful - RR 9\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t119064\t206361\t303663\t107141\t110649\t29041\t11336\t887255\n", "q10k_tbl_23": "\tTerm Loans by Origination Year\t\t\t\t\t\t\t\n\t2020\t2019\t2018\t2017\t2016\tPrior\tRevolving Loans\tTotal\nAs of September 30 2020\tCommercial LHFI\t\t\t\t\t\t\t\nOther loans secured by real estate:\t\t\t\t\t\t\t\t\nOther construction\t\t\t\t\t\t\t\t\nPass - RR 1 through RR 6\t113727\t564093\t194012\t13346\t1605\t0\t4060\t890843\nSpecial Mention - RR 7\t0\t0\t0\t0\t0\t0\t0\t0\nSubstandard - RR 8\t585\t0\t0\t0\t0\t0\t0\t585\nDoubtful - RR 9\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t114312\t564093\t194012\t13346\t1605\t0\t4060\t891428\nCommercial and industrial loans:\t\t\t\t\t\t\t\t\nPass - RR 1 through RR 6\t433771\t184698\t104647\t83887\t74401\t49508\t394527\t1325439\nSpecial Mention - RR 7\t844\t0\t177\t0\t0\t0\t3000\t4021\nSubstandard - RR 8\t5824\t1731\t15519\t3781\t2286\t5800\t33604\t68545\nDoubtful - RR 9\t178\t219\t0\t0\t38\t4\t24\t463\nTotal\t440617\t186648\t120343\t87668\t76725\t55312\t431155\t1398468\nState and other political subdivision loans:\t\t\t\t\t\t\t\t\nPass - RR 1 through RR 6\t141729\t84369\t51181\t116529\t135190\t396607\t832\t926437\nSpecial Mention - RR 7\t0\t0\t0\t0\t0\t4000\t0\t4000\nSubstandard - RR 8\t0\t0\t0\t293\t0\t4619\t0\t4912\nDoubtful - RR 9\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t141729\t84369\t51181\t116822\t135190\t405226\t832\t935349\nOther commercial loans:\t\t\t\t\t\t\t\t\nPass - RR 1 through RR 6\t74539\t76935\t23491\t11708\t56530\t51725\t265683\t560611\nSpecial Mention - RR 7\t7917\t0\t0\t0\t0\t0\t11333\t19250\nSubstandard - RR 8\t127\t2146\t686\t0\t893\t0\t9473\t13325\nDoubtful - RR 9\t0\t3\t0\t0\t0\t23\t0\t26\nTotal\t82583\t79084\t24177\t11708\t57423\t51748\t286489\t593212\nTotal commercial LHFI\t1726782\t1777274\t1200711\t697011\t713192\t936064\t887976\t7939010\n", "q10k_tbl_24": "\tTerm Loans by Origination Year\t\t\t\t\t\t\t\n\t2020\t2019\t2018\t2017\t2016\tPrior\tRevolving Loans\tTotal\nAs of September 30 2020\tConsumer LHFI\t\t\t\t\t\t\t\nLoans secured by real estate:\t\t\t\t\t\t\t\t\nConstruction land development and other land:\t\t\t\t\t\t\t\t\nCurrent\t32812\t34108\t8758\t2382\t1576\t3347\t0\t82983\nPast due 30-89 days\t0\t0\t241\t0\t0\t74\t0\t315\nPast due 90 days or more\t0\t0\t0\t0\t0\t0\t0\t0\nNonaccrual\t0\t0\t0\t0\t19\t104\t0\t123\nTotal\t32812\t34108\t8999\t2382\t1595\t3525\t0\t83421\nOther secured by 1-4 family residential properties:\t\t\t\t\t\t\t\t\nCurrent\t18709\t13768\t13212\t4295\t2142\t14300\t360724\t427150\nPast due 30-89 days\t126\t297\t0\t15\t58\t186\t538\t1220\nPast due 90 days or more\t0\t15\t12\t0\t0\t0\t272\t299\nNonaccrual\t8\t33\t110\t436\t0\t462\t2143\t3192\nTotal\t18843\t14113\t13334\t4746\t2200\t14948\t363677\t431861\nSecured by nonfarm nonresidential properties:\t\t\t\t\t\t\t\t\nCurrent\t698\t0\t0\t4\t0\t12\t0\t714\nPast due 30-89 days\t0\t0\t0\t0\t0\t0\t0\t0\nPast due 90 days or more\t0\t0\t0\t0\t0\t0\t0\t0\nNonaccrual\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t698\t0\t0\t4\t0\t12\t0\t714\nOther real estate secured:\t\t\t\t\t\t\t\t\nCurrent\t139\t0\t41\t38\t102\t217\t0\t537\nPast due 30-89 days\t0\t0\t0\t0\t0\t0\t0\t0\nPast due 90 days or more\t0\t0\t0\t0\t0\t0\t0\t0\nNonaccrual\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t139\t0\t41\t38\t102\t217\t0\t537\n", "q10k_tbl_25": "\tTerm Loans by Origination Year\t\t\t\t\t\t\t\n\t2020\t2019\t2018\t2017\t2016\tPrior\tRevolving Loans\tTotal\nAs of September 30 2020\tConsumer LHFI\t\t\t\t\t\t\t\nOther loans secured by real estate:\t\t\t\t\t\t\t\t\nSecured by 1-4 family residential properties\t\t\t\t\t\t\t\t\nCurrent\t217950\t226130\t194593\t102945\t119707\t352569\t0\t1213894\nPast due 30-89 days\t256\t0\t71\t274\t1127\t1180\t0\t2908\nPast due 90 days or more\t7\t0\t0\t0\t181\t171\t0\t359\nNonaccrual\t148\t839\t2051\t439\t241\t7373\t0\t11091\nTotal\t218361\t226969\t196715\t103658\t121256\t361293\t0\t1228252\nConsumer loans:\t\t\t\t\t\t\t\t\nCurrent\t54252\t32198\t16771\t4956\t1625\t617\t52170\t162589\nPast due 30-89 days\t329\t40\t70\t168\t10\t5\t503\t1125\nPast due 90 days or more\t24\t1\t19\t0\t0\t0\t79\t123\nNonaccrual\t11\t6\t59\t16\t3\t0\t1\t96\nTotal\t54616\t32245\t16919\t5140\t1638\t622\t52753\t163933\nTotal consumer LHFI\t325469\t307435\t236008\t115968\t126791\t380617\t416430\t1908718\nTotal LHFI\t2052251\t2084709\t1436719\t812979\t839983\t1316681\t1304406\t9847728\n", "q10k_tbl_26": "\tDecember 31 2019\t\t\t\t\t\n\t\tCommercial LHFI\t\t\t\t\n\t\tPass - Categories 1-6\tSpecial Mention - Category 7\tSubstandard - Category 8\tDoubtful - Category 9\tSubtotal\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t\t1075146\t0\t15726\t42\t1090914\nSecured by 1-4 family residential properties\t\t116592\t45\t6355\t41\t123033\nSecured by nonfarm nonresidential properties\t\t2430761\t0\t44001\t328\t2475090\nOther real estate secured\t\t721238\t0\t2547\t0\t723785\nCommercial and industrial loans\t\t1407837\t909\t68262\t888\t1477896\nConsumer loans\t\t0\t0\t0\t0\t0\nState and other political subdivision loans\t\t957948\t4650\t5346\t0\t967944\nOther loans\t\t469095\t3445\t16926\t30\t489496\nTotal\t\t7178617\t9049\t159163\t1329\t7348158\n", "q10k_tbl_27": "\tConsumer LHFI\t\t\t\t\t\n\tCurrent\tPast Due 30-89 Days\tPast Due 90 Days or More\tNonaccrual\tSubtotal\tTotal LHFI\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t71413\t332\t0\t132\t71877\t1162791\nSecured by 1-4 family residential properties\t1710930\t5922\t211\t15817\t1732880\t1855913\nSecured by nonfarm nonresidential properties\t155\t0\t0\t0\t155\t2475245\nOther real estate secured\t695\t0\t0\t0\t695\t724480\nCommercial and industrial loans\t0\t0\t0\t0\t0\t1477896\nConsumer loans\t172649\t2588\t393\t108\t175738\t175738\nState and other political subdivision loans\t0\t0\t0\t0\t0\t967944\nOther loans\t6125\t0\t0\t0\t6125\t495621\nTotal\t1961967\t8842\t604\t16057\t1987470\t9335628\n", "q10k_tbl_28": "\tSeptember 30 2020\t\t\t\t\t\n\tACL\t\t\tLHFI\t\t\n\tIndividually Evaluated for Credit Loss\tCollectively Evaluated for Credit Loss\tTotal ACL\tIndividually Evaluated for Credit Loss\tCollectively Evaluated for Credit Loss\tTotal LHFI\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t0\t10905\t10905\t1024\t493495\t494519\nOther secured by 1-4 family residential properties\t0\t11358\t11358\t474\t546674\t547148\nSecured by nonfarm nonresidential properties\t0\t43762\t43762\t13529\t2694098\t2707627\nOther real estate secured\t0\t7172\t7172\t61\t887731\t887792\nOther loans secured by real estate:\t\t\t\t\t\t\nOther construction\t0\t10209\t10209\t0\t891428\t891428\nSecured by 1-4 family residential properties\t0\t8734\t8734\t1453\t1226799\t1228252\nCommercial and industrial loans\t578\t12580\t13158\t14882\t1383586\t1398468\nConsumer loans\t0\t6040\t6040\t0\t163933\t163933\nState and other political subdivision loans\t1749\t1209\t2958\t4019\t931330\t935349\nOther commercial loans\t2295\t5419\t7714\t5725\t587487\t593212\nTotal\t4622\t117388\t122010\t41167\t9806561\t9847728\n", "q10k_tbl_29": "\tDecember 31 2019\t\t\t\t\t\n\tAllowance for Loan Losses\t\t\tLHFI\t\t\n\tIndividually Evaluated\tCollectively Evaluated\tTotal\tIndividually Evaluated\tCollectively Evaluated\tTotal\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t0\t8260\t8260\t626\t1162165\t1162791\nSecured by 1-4 family residential properties\t35\t8897\t8932\t5464\t1850449\t1855913\nSecured by nonfarm nonresidential properties\t2355\t23803\t26158\t6717\t2468528\t2475245\nOther real estate secured\t0\t4024\t4024\t68\t724412\t724480\nCommercial and industrial loans\t707\t25285\t25992\t23458\t1454438\t1477896\nConsumer loans\t0\t3379\t3379\t21\t175717\t175738\nState and other political subdivision loans\t1809\t420\t2229\t4079\t963865\t967944\nOther loans\t553\t4750\t5303\t784\t494837\t495621\nTotal\t5459\t78818\t84277\t41217\t9294411\t9335628\n", "q10k_tbl_30": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nBalance at beginning of period\t119188\t80399\t84277\t79290\nFASB ASU 2016-13 adoption adjustments:\t\t\t\t\nLHFI\t0\t0\t(3039)\t0\nAllowance for loan losses acquired loans transfer\t0\t0\t815\t0\nAcquired loans ACL adjustment\t0\t0\t1007\t0\nLoans charged-off\t(1263)\t(2892)\t(8678)\t(9862)\nRecoveries\t2325\t2680\t7102\t6662\nNet (charge-offs) recoveries\t1062\t(212)\t(1576)\t(3200)\nPCL\t1760\t3039\t40526\t7136\nBalance at end of period\t122010\t83226\t122010\t83226\n", "q10k_tbl_31": "\tThree Months Ended September 30 2020\t\t\t\t\n\tBalance at Beginning of Period\tCharge-offs\tRecoveries\tPCL\tBalance at End of Period\nLoans secured by real estate:\t\t\t\t\t\nConstruction land development and other land\t11940\t0\t443\t(1478)\t10905\nOther secured by 1-4 family residential properties\t12716\t(18)\t75\t(1415)\t11358\nSecured by nonfarm nonresidential properties\t36417\t(115)\t18\t7442\t43762\nOther real estate secured\t7600\t0\t42\t(470)\t7172\nOther loans secured by real estate:\t\t\t\t\t\nOther construction\t10803\t0\t30\t(624)\t10209\nSecured by 1-4 family residential properties\t10899\t0\t18\t(2183)\t8734\nCommercial and industrial loans\t12550\t(71)\t447\t232\t13158\nConsumer loans\t6397\t(384)\t375\t(348)\t6040\nState and other political subdivision loans\t3414\t0\t0\t(456)\t2958\nOther commercial loans\t6452\t(675)\t877\t1060\t7714\nTotal\t119188\t(1263)\t2325\t1760\t122010\n", "q10k_tbl_32": "\tNine Months Ended September 30 2020\t\t\t\t\t\n\tBalance at Beginning of Period\tFASB ASU 2016-13 Adoption Adjustment\tCharge-offs\tRecoveries\tPCL\tBalance at End of Period\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t6371\t(188)\t(7)\t629\t4100\t10905\nOther secured by 1-4 family residential properties\t5888\t4188\t(118)\t221\t1179\t11358\nSecured by nonfarm nonresidential properties\t26158\t(8179)\t(2563)\t524\t27822\t43762\nOther real estate secured\t4024\t(765)\t(8)\t60\t3861\t7172\nOther loans secured by real estate:\t\t\t\t\t\t\nOther construction\t1889\t3202\t0\t70\t5048\t10209\nSecured by 1-4 family residential properties\t3044\t2891\t(19)\t124\t2694\t8734\nCommercial and industrial loans\t25992\t(8964)\t(1350)\t1180\t(3700)\t13158\nConsumer loans\t3379\t2059\t(1745)\t1316\t1031\t6040\nState and other political subdivision loans\t2229\t2455\t0\t0\t(1726)\t2958\nOther commercial loans\t5303\t2084\t(2868)\t2978\t217\t7714\nTotal\t84277\t(1217)\t(8678)\t7102\t40526\t122010\n", "q10k_tbl_33": "\t2019\t\t\t\t\n\tBalance January 1\tCharge-offs\tRecoveries\tProvision for Loan Losses\tBalance September 30\nLoans secured by real estate:\t\t\t\t\t\nConstruction land development and other land\t7390\t(35)\t807\t(461)\t7701\nSecured by 1-4 family residential properties\t8641\t(310)\t530\t(417)\t8444\nSecured by nonfarm nonresidential properties\t22376\t(261)\t285\t2802\t25202\nOther real estate secured\t3450\t0\t22\t82\t3554\nCommercial and industrial loans\t27359\t(3090)\t980\t3618\t28867\nConsumer loans\t2890\t(1712)\t1432\t702\t3312\nState and other political subdivision loans\t990\t0\t0\t(518)\t472\nOther loans\t6194\t(4454)\t2606\t1328\t5674\nTotal\t79290\t(9862)\t6662\t7136\t83226\n", "q10k_tbl_34": "\tDecember 31 2019\nLoans secured by real estate:\t\nConstruction land development and other land\t4771\nSecured by 1-4 family residential properties\t17525\nSecured by nonfarm nonresidential properties\t38206\nOther real estate secured\t3946\nCommercial and industrial loans\t5035\nConsumer loans\t520\nOther loans\t2598\nAcquired loans\t72601\nLess allowance for loan losses acquired loans\t815\nNet acquired loans\t71786\n", "q10k_tbl_35": "\tAcquired Impaired\tAcquired Not ASC 310-30 (1)\nCarrying value net at January 1 2019\t102890\t2811\nTransfers (2)\t0\t(2926)\nAccretion to interest income\t5532\t115\nPayments received net\t(37230)\t0\nOther (3)\t178\t0\nChange in allowance for loan losses acquired loans\t416\t0\nCarrying value net at December 31 2019\t71786\t0\nFASB ASU 2016-13 adoption adjustment\t(71786)\t0\nAccretion to interest income\t0\t0\nPayments received net\t0\t0\nOther (3)\t0\t0\nChange in allowance for loan losses acquired loans\t0\t0\nCarrying value net at September 30 2020\t0\t0\n", "q10k_tbl_36": "\tNine Months Ended September 30\t\n\t2020\t2019\nAccretable yield at beginning of period\t(14816)\t(17722)\nFASB ASU 2016-13 adoption adjustment\t14816\t0\nAccretion to interest income\t0\t4290\nDisposals net\t0\t1903\nReclassification from nonaccretable difference (1)\t0\t(3596)\nAccretable yield at end of period\t0\t(15125)\n", "q10k_tbl_37": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nBalance at beginning of period\t0\t1398\t815\t1231\nFASB ASU 2016-13 adoption adjustment\t0\t0\t(815)\t0\nNet (charge-offs) recoveries\t0\t(9)\t0\t(26)\nProvision for loan losses acquired loans\t0\t(140)\t0\t44\nBalance at end of period\t0\t1249\t0\t1249\n", "q10k_tbl_38": "\tDecember 31 2019\t\t\t\t\t\n\t\tCommercial Loans\t\t\t\t\n\t\tPass - Categories 1-6\tSpecial Mention - Category 7\tSubstandard - Category 8\tDoubtful - Category 9\tSubtotal\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t\t4022\t0\t192\t0\t4214\nSecured by 1-4 family residential properties\t\t3164\t42\t580\t0\t3786\nSecured by nonfarm nonresidential properties\t\t27848\t0\t9972\t386\t38206\nOther real estate secured\t\t3878\t0\t68\t0\t3946\nCommercial and industrial loans\t\t3419\t0\t0\t1616\t5035\nConsumer loans\t\t0\t0\t0\t0\t0\nOther loans\t\t2591\t0\t7\t0\t2598\nTotal acquired loans\t\t44922\t42\t10819\t2002\t57785\n\tConsumer Loans\t\t\t\t\t\n\tCurrent\tPast Due 30-89 Days\tPast Due 90 Days or More\tNonaccrual (1)\tSubtotal\tTotal Acquired Loans\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t463\t94\t0\t0\t557\t4771\nSecured by 1-4 family residential properties\t12843\t615\t281\t0\t13739\t17525\nSecured by nonfarm nonresidential properties\t0\t0\t0\t0\t0\t38206\nOther real estate secured\t0\t0\t0\t0\t0\t3946\nCommercial and industrial loans\t0\t0\t0\t0\t0\t5035\nConsumer loans\t489\t31\t0\t0\t520\t520\nOther loans\t0\t0\t0\t0\t0\t2598\nTotal acquired loans\t13795\t740\t281\t0\t14816\t72601\n", "q10k_tbl_39": "\tDecember 31 2019\t\t\t\t\t\t\n\tPast Due\t\t\t\t\t\t\n\t30-59 Days\t60-89 Days\t90 Days or More (1)\tTotal\tNonaccrual (2)\tCurrent Loans\tTotal Acquired Loans\nLoans secured by real estate:\t\t\t\t\t\t\t\nConstruction land development and other land\t94\t0\t38\t132\t0\t4639\t4771\nSecured by 1-4 family residential properties\t696\t131\t366\t1193\t0\t16332\t17525\nSecured by nonfarm nonresidential properties\t36\t0\t851\t887\t0\t37319\t38206\nOther real estate secured\t1\t0\t52\t53\t0\t3893\t3946\nCommercial and industrial loans\t0\t0\t0\t0\t0\t5035\t5035\nConsumer loans\t16\t15\t0\t31\t0\t489\t520\nOther loans\t0\t0\t0\t0\t0\t2598\t2598\nTotal acquired loans\t843\t146\t1307\t2296\t0\t70305\t72601\n", "q10k_tbl_40": "\tNine Months Ended September 30\t\n\t2020\t2019\nBalance at beginning of period\t79394\t95596\nOrigination of servicing assets\t20728\t11431\nChange in fair value:\t\t\nDue to market changes\t(27098)\t(25126)\nDue to run-off\t(11411)\t(8885)\nBalance at end of period\t61613\t73016\n", "q10k_tbl_41": "\tSeptember 30 2020\tDecember 31 2019\nFederal National Mortgage Association\t4547696\t4411914\nGovernment National Mortgage Association\t2879122\t2652782\nFederal Home Loan Mortgage Corporation\t57684\t73134\nOther\t16931\t19404\nTotal mortgage loans sold and serviced for others\t7501433\t7157234\n", "q10k_tbl_42": "\tNine Months Ended September 30\t\n\t2020\t2019\nBalance at beginning of period\t29248\t34668\nAdditions\t496\t5684\nDisposals\t(11823)\t(6574)\nWrite-downs\t(1673)\t(1804)\nBalance at end of period\t16248\t31974\nGains (losses) net on the sale of other real estate included in other real estate expense\t(388)\t124\n", "q10k_tbl_43": "\tSeptember 30 2020\tDecember 31 2019\nConstruction land development and other land properties\t7697\t11482\n1-4 family residential properties\t1351\t3453\nNonfarm nonresidential properties\t7200\t14313\nTotal other real estate\t16248\t29248\n", "q10k_tbl_44": "\tSeptember 30 2020\tDecember 31 2019\nAlabama\t3725\t8133\nFlorida\t3665\t5877\nMississippi (1)\t8718\t14919\nTennessee (2)\t140\t319\nTexas\t0\t0\nTotal other real estate\t16248\t29248\n", "q10k_tbl_45": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nFinance leases\t\t\t\t\nAmortization of right-of-use assets\t449\t520\t1427\t1665\nInterest on lease liabilities\t62\t75\t194\t236\nOperating lease cost\t1306\t1303\t3885\t3892\nShort-term lease cost\t104\t85\t324\t288\nVariable lease cost\t304\t349\t983\t1039\nSublease income\t(84)\t(81)\t(246)\t(250)\nNet lease cost\t2141\t2251\t6567\t6870\n", "q10k_tbl_46": "\tNine Months Ended September 30\t\n\t2020\t2019\nFinance leases\t\t\nOperating cash flows included in operating activities\t194\t779\nFinancing cash flows included in payments under finance lease obligations\t1319\t1509\nOperating leases\t\t\nOperating cash flows (fixed payments) included in other operating activities net\t3739\t3759\nOperating cash flows (liability reduction) included in other operating activities net\t2896\t2850\n", "q10k_tbl_47": "\tSeptember 30 2020\tDecember 31 2019\nFinance lease right-of-use assets net of accumulated depreciation\t7900\t9326\nFinance lease liabilities\t8201\t9520\nOperating lease right-of-use assets\t30508\t31182\nOperating lease liabilities\t31838\t32354\nWeighted-average lease term\t\t\nFinance leases\t8.56 years\t8.62 years\nOperating leases\t8.72 years\t9.05 years\nWeighted-average discount rate\t\t\nFinance leases\t3.07%\t3.01%\nOperating leases\t3.40%\t3.51%\n", "q10k_tbl_48": "\tFinance Leases\tOperating Leases\n2020 (excluding the nine months ended September 30 2020)\t456\t1250\n2021\t1615\t4872\n2022\t1556\t4378\n2023\t871\t4265\n2024\t572\t4371\nThereafter\t4452\t17982\nTotal minimum lease payments\t9522\t37118\nLess imputed interest\t(1321)\t(5280)\nLease liabilities\t8201\t31838\n", "q10k_tbl_49": "\tSeptember 30 2020\tDecember 31 2019\nNoninterest-bearing demand\t3964023\t2891215\nInterest-bearing demand\t3486959\t3125914\nSavings\t4298004\t3590509\nTime\t1473427\t1637919\nTotal\t13222413\t11245557\n", "q10k_tbl_50": "\tSeptember 30 2020\tDecember 31 2019\nMortgage-backed securities\t\t\nResidential mortgage pass-through securities\t\t\nIssued by FNMA and FHLMC\t70185\t0\nOther residential mortgage-backed securities\t\t\nIssued or guaranteed by FNMA FHLMC or GNMA\t48418\t24282\nCommercial mortgage-backed securities\t\t\nIssued or guaranteed by FNMA FHLMC or GNMA\t14220\t29290\nTotal securities sold under repurchase agreements\t132823\t53572\n", "q10k_tbl_51": "\tThree Months Ended September 30 2020\t\t\tThree Months Ended September 30 2019\t\t\n\tTopic 606\tNot Topic 606 (1)\tTotal\tTopic 606\tNot Topic 606 (1)\tTotal\nGeneral Banking Segment\t\t\t\t\t\t\nService charges on deposit accounts\t7557\t0\t7557\t11041\t0\t11041\nBank card and other fees\t7019\t1817\t8836\t6959\t1383\t8342\nMortgage banking net\t0\t36439\t36439\t0\t8171\t8171\nWealth management\t54\t0\t54\t92\t0\t92\nOther net\t1496\t40\t1536\t1792\t138\t1930\nTotal noninterest income\t16126\t38296\t54422\t19884\t9692\t29576\nWealth Management Segment\t\t\t\t\t\t\nService charges on deposit accounts\t20\t0\t20\t24\t0\t24\nBank card and other fees\t7\t0\t7\t7\t0\t7\nWealth management\t7625\t0\t7625\t7599\t0\t7599\nOther net\t27\t15\t42\t22\t32\t54\nTotal noninterest income\t7679\t15\t7694\t7652\t32\t7684\nInsurance Segment\t\t\t\t\t\t\nInsurance commissions\t11562\t0\t11562\t11072\t0\t11072\nOther net\t23\t0\t23\t5\t0\t5\nTotal noninterest income\t11585\t0\t11585\t11077\t0\t11077\nConsolidated\t\t\t\t\t\t\nService charges on deposit accounts\t7577\t0\t7577\t11065\t0\t11065\nBank card and other fees\t7026\t1817\t8843\t6966\t1383\t8349\nMortgage banking net\t0\t36439\t36439\t0\t8171\t8171\nInsurance commissions\t11562\t0\t11562\t11072\t0\t11072\nWealth management\t7679\t0\t7679\t7691\t0\t7691\nOther net\t1546\t55\t1601\t1819\t170\t1989\nTotal noninterest income\t35390\t38311\t73701\t38613\t9724\t48337\n", "q10k_tbl_52": "\tNine Months Ended September 30 2020\t\t\tNine Months Ended September 30 2019\t\t\n\tTopic 606\tNot Topic 606 (1)\tTotal\tTopic 606\tNot Topic 606 (1)\tTotal\nGeneral Banking Segment\t\t\t\t\t\t\nService charges on deposit accounts\t23949\t0\t23949\t31638\t0\t31638\nBank card and other fees\t20294\t1600\t21894\t20986\t2508\t23494\nMortgage banking net\t0\t97667\t97667\t0\t21908\t21908\nWealth management\t219\t0\t219\t280\t0\t280\nOther net\t4614\t1306\t5920\t6369\t(392)\t5977\nTotal noninterest income\t49076\t100573\t149649\t59273\t24024\t83297\nWealth Management Segment\t\t\t\t\t\t\nService charges on deposit accounts\t57\t0\t57\t71\t0\t71\nBank card and other fees\t21\t0\t21\t50\t0\t50\nWealth management\t23568\t0\t23568\t22636\t0\t22636\nOther net\t77\t37\t114\t283\t87\t370\nTotal noninterest income\t23723\t37\t23760\t23040\t87\t23127\nInsurance Segment\t\t\t\t\t\t\nInsurance commissions\t34980\t0\t34980\t33032\t0\t33032\nOther net\t87\t0\t87\t11\t0\t11\nTotal noninterest income\t35067\t0\t35067\t33043\t0\t33043\nConsolidated\t\t\t\t\t\t\nService charges on deposit accounts\t24006\t0\t24006\t31709\t0\t31709\nBank card and other fees\t20315\t1600\t21915\t21036\t2508\t23544\nMortgage banking net\t0\t97667\t97667\t0\t21908\t21908\nInsurance commissions\t34980\t0\t34980\t33032\t0\t33032\nWealth management\t23787\t0\t23787\t22916\t0\t22916\nOther net\t4778\t1343\t6121\t6663\t(305)\t6358\nTotal noninterest income\t107866\t100610\t208476\t115356\t24111\t139467\n", "q10k_tbl_53": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nService cost\t64\t53\t191\t159\nInterest cost\t60\t90\t181\t270\nExpected return on plan assets\t(39)\t(51)\t(116)\t(152)\nRecognized net loss due to lump sum settlements\t40\t47\t80\t141\nRecognized net actuarial loss\t82\t92\t245\t278\nNet periodic benefit cost\t207\t231\t581\t696\n", "q10k_tbl_54": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nService cost\t19\t27\t58\t82\nInterest cost\t388\t502\t1189\t1544\nAmortization of prior service cost\t37\t62\t112\t187\nRecognized net actuarial loss\t237\t155\t719\t471\nNet periodic benefit cost\t681\t746\t2078\t2284\n", "q10k_tbl_55": "\tThree Months Ended September 30 2020\t\n\tPerformance Awards and Units\tTime-Vested Awards and Units\nNonvested shares beginning of period\t146508\t304693\nGranted\t0\t1500\nReleased from restriction\t0\t(2031)\nForfeited\t(1640)\t(1967)\nNonvested shares end of period\t144868\t302195\n", "q10k_tbl_56": "\tNine Months Ended September 30 2020\t\n\tPerformance Awards and Units\tTime-Vested Awards and Units\nNonvested shares beginning of period\t149914\t300006\nGranted\t53450\t123060\nReleased from restriction\t(36357)\t(109537)\nForfeited\t(22139)\t(11334)\nNonvested shares end of period\t144868\t302195\n", "q10k_tbl_57": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nPerformance awards and units\t417\t481\t360\t1043\nTime-vested awards and units\t822\t791\t3547\t2510\nTotal compensation expense\t1239\t1272\t3907\t3553\n", "q10k_tbl_58": "\tThree Months Ended\tNine Months Ended\n\tSeptember 30 2020\tSeptember 30 2020\nBalance at beginning of period\t42663\t0\nFASB ASU 2016-13 adoption adjustment\t0\t29638\nCredit loss expense related to off-balance sheet credit exposures\t(3004)\t10021\nBalance at end of period\t39659\t39659\n", "q10k_tbl_59": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nBasic shares\t63423\t64359\t63531\t64755\nDilutive shares\t159\t156\t134\t135\nDiluted shares\t63582\t64515\t63665\t64890\n", "q10k_tbl_60": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nWeighted-average antidilutive stock awards\t60\t0\t61\t85\n", "q10k_tbl_61": "\tNine Months Ended September 30\t\n\t2020\t2019\nIncome taxes paid\t36211\t17277\nInterest expense paid on deposits and borrowings\t35246\t64881\nNoncash transfers from loans to other real estate\t496\t5684\nFinance right-of-use assets resulting from lease liabilities\t0\t9823\nOperating right-of-use assets resulting from lease liabilities\t2368\t33180\nTransfer of long-term FHLB advances to short-term\t651\t0\n", "q10k_tbl_62": "\tActual\t\t\t\n\tRegulatory Capital\t\tMinimum\tTo Be Well\n\tAmount\tRatio\tRequirement\tCapitalized\nAt September 30 2020:\t\t\t\t\nCommon Equity Tier 1 Capital (to Risk Weighted Assets)\t\t\t\t\nTrustmark Corporation\t1358889\t11.36%\t7.00%\tn/a\nTrustmark National Bank\t1384436\t11.57%\t7.00%\t6.50%\nTier 1 Capital (to Risk Weighted Assets)\t\t\t\t\nTrustmark Corporation\t1418889\t11.86%\t8.50%\tn/a\nTrustmark National Bank\t1384436\t11.57%\t8.50%\t8.00%\nTotal Capital (to Risk Weighted Assets)\t\t\t\t\nTrustmark Corporation\t1541261\t12.88%\t10.50%\tn/a\nTrustmark National Bank\t1506808\t12.60%\t10.50%\t10.00%\nTier 1 Leverage (to Average Assets)\t\t\t\t\nTrustmark Corporation\t1418889\t9.20%\t4.00%\tn/a\nTrustmark National Bank\t1384436\t9.00%\t4.00%\t5.00%\nAt December 31 2019:\t\t\t\t\nCommon Equity Tier 1 Capital (to Risk Weighted Assets)\t\t\t\t\nTrustmark Corporation\t1312668\t11.93%\t7.00%\tn/a\nTrustmark National Bank\t1352893\t12.30%\t7.00%\t6.50%\nTier 1 Capital (to Risk Weighted Assets)\t\t\t\t\nTrustmark Corporation\t1372668\t12.48%\t8.50%\tn/a\nTrustmark National Bank\t1352893\t12.30%\t8.50%\t8.00%\nTotal Capital (to Risk Weighted Assets)\t\t\t\t\nTrustmark Corporation\t1457760\t13.25%\t10.50%\tn/a\nTrustmark National Bank\t1437985\t13.07%\t10.50%\t10.00%\nTier 1 Leverage (to Average Assets)\t\t\t\t\nTrustmark Corporation\t1372668\t10.48%\t4.00%\tn/a\nTrustmark National Bank\t1352893\t10.35%\t4.00%\t5.00%\n", "q10k_tbl_63": "\tThree Months Ended September 30 2020\t\t\tThree Months Ended September 30 2019\t\t\n\tBefore Tax Amount\tTax (Expense) Benefit\tNet of Tax Amount\tBefore Tax Amount\tTax (Expense) Benefit\tNet of Tax Amount\nSecurities available for sale and transferred securities:\t\t\t\t\t\t\nNet unrealized holding gains (losses) arising during the period\t(7707)\t1926\t(5781)\t4154\t(1038)\t3116\nChange in net unrealized holding loss on securities transferred to held to maturity\t804\t(201)\t603\t849\t(212)\t637\nTotal securities available for sale and transferred securities\t(6903)\t1725\t(5178)\t5003\t(1250)\t3753\nPension and other postretirement benefit plans:\t\t\t\t\t\t\nReclassification adjustments for changes realized in net income:\t\t\t\t\t\t\nNet change in prior service costs\t37\t(9)\t28\t62\t(16)\t46\nRecognized net loss due to lump sum settlements\t40\t(10)\t30\t47\t(13)\t34\nChange in net actuarial loss\t319\t(80)\t239\t247\t(61)\t186\nTotal pension and other postretirement benefit plans\t396\t(99)\t297\t356\t(90)\t266\nCash flow hedge derivatives:\t\t\t\t\t\t\nChange in accumulated gain (loss) on effective cash flow hedge derivatives\t0\t0\t0\t19\t(5)\t14\nReclassification adjustment for (gain) loss realized in net income\t0\t0\t0\t(101)\t26\t(75)\nTotal cash flow hedge derivatives\t0\t0\t0\t(82)\t21\t(61)\nTotal other comprehensive income (loss)\t(6507)\t1626\t(4881)\t5277\t(1319)\t3958\n", "q10k_tbl_64": "\tNine Months Ended September 30 2020\t\t\tNine Months Ended September 30 2019\t\t\n\tBefore Tax Amount\tTax (Expense) Benefit\tNet of Tax Amount\tBefore Tax Amount\tTax (Expense) Benefit\tNet of Tax Amount\nSecurities available for sale and transferred securities:\t\t\t\t\t\t\nNet unrealized holding gains (losses) arising during the period\t35448\t(8863)\t26585\t43057\t(10764)\t32293\nChange in net unrealized holding loss on securities transferred to held to maturity\t2443\t(611)\t1832\t2852\t(713)\t2139\nTotal securities available for sale and transferred securities\t37891\t(9474)\t28417\t45909\t(11477)\t34432\nPension and other postretirement benefit plans:\t\t\t\t\t\t\nReclassification adjustments for changes realized in net income:\t\t\t\t\t\t\nNet change in prior service costs\t112\t(28)\t84\t187\t(47)\t140\nRecognized net loss due to lump sum settlements\t80\t(20)\t60\t141\t(36)\t105\nChange in net actuarial loss\t964\t(241)\t723\t749\t(187)\t562\nTotal pension and other postretirement benefit plans\t1156\t(289)\t867\t1077\t(270)\t807\nCash flow hedge derivatives:\t\t\t\t\t\t\nChange in accumulated gain (loss) on effective cash flow hedge derivatives\t0\t0\t0\t(145)\t36\t(109)\nReclassification adjustment for (gain) loss realized in net income\t0\t0\t0\t(413)\t104\t(309)\nTotal cash flow hedge derivatives\t0\t0\t0\t(558)\t140\t(418)\nTotal other comprehensive income (loss)\t39047\t(9763)\t29284\t46428\t(11607)\t34821\n", "q10k_tbl_65": "\tSecurities Available for Sale and Transferred Securities\tDefined Benefit Pension Items\tCash Flow Hedge Derivatives\tTotal\nBalance at January 1 2020\t(8017)\t(15583)\t0\t(23600)\nOther comprehensive income (loss) before reclassification\t28417\t0\t0\t28417\nAmounts reclassified from accumulated other comprehensive income (loss)\t0\t867\t0\t867\nNet other comprehensive income (loss)\t28417\t867\t0\t29284\nBalance at September 30 2020\t20400\t(14716)\t0\t5684\nBalance at January 1 2019\t(43824)\t(12324)\t469\t(55679)\nOther comprehensive income (loss) before reclassification\t34432\t0\t(109)\t34323\nAmounts reclassified from accumulated other comprehensive income (loss)\t0\t807\t(309)\t498\nNet other comprehensive income (loss)\t34432\t807\t(418)\t34821\nBalance at September 30 2019\t(9392)\t(11517)\t51\t(20858)\n", "q10k_tbl_66": "\tSeptember 30 2020\t\t\t\n\tTotal\tLevel 1\tLevel 2\tLevel 3\nU.S. Government agency obligations\t19011\t0\t19011\t0\nObligations of states and political subdivisions\t8315\t0\t8315\t0\nMortgage-backed securities\t1895402\t0\t1895402\t0\nSecurities available for sale\t1922728\t0\t1922728\t0\nLoans held for sale\t485103\t0\t485103\t0\nMortgage servicing rights\t61613\t0\t0\t61613\nOther assets - derivatives\t54960\t644\t42103\t12213\nOther liabilities - derivatives\t3353\t512\t2841\t0\n", "q10k_tbl_67": "\tDecember 31 2019\t\t\t\n\tTotal\tLevel 1\tLevel 2\tLevel 3\nU.S. Government agency obligations\t22327\t0\t22327\t0\nObligations of states and political subdivisions\t25465\t0\t25465\t0\nMortgage-backed securities\t1554612\t0\t1554612\t0\nSecurities available for sale\t1602404\t0\t1602404\t0\nLoans held for sale\t226347\t0\t226347\t0\nMortgage servicing rights\t79394\t0\t0\t79394\nOther assets - derivatives\t17956\t244\t16273\t1439\nOther liabilities - derivatives\t6063\t4414\t1649\t0\n", "q10k_tbl_68": "\tMSR\tOther Assets - Derivatives\nBalance January 1 2020\t79394\t1439\nTotal net (loss) gain included in Mortgage banking net (1)\t(38509)\t32833\nAdditions\t20728\t0\nSales\t0\t(22059)\nBalance September 30 2020\t61613\t12213\nThe amount of total gains (losses) for the period included in earnings that are attributable to the change in unrealized gains or losses still held at September 30 2020\t(27098)\t19930\nBalance January 1 2019\t95596\t1187\nTotal net (loss) gain included in Mortgage banking net (1)\t(34011)\t5741\nAdditions\t11431\t0\nSales\t0\t(4712)\nBalance September 30 2019\t73016\t2216\nThe amount of total gains (losses) for the period included in earnings that are attributable to the change in unrealized gains or losses still held at September 30 2019\t(25126)\t924\n", "q10k_tbl_69": "\tSeptember 30 2020\t\tDecember 31 2019\t\n\tCarrying Value\tEstimated Fair Value\tCarrying Value\tEstimated Fair Value\nFinancial Assets:\t\t\t\t\nLevel 2 Inputs:\t\t\t\t\nCash and short-term investments\t564638\t564638\t358916\t358916\nSecurities held to maturity\t611280\t639665\t738099\t746202\nLevel 3 Inputs:\t\t\t\t\nNet LHFI and PPP loans\t10669988\t10680458\t9251351\t9235674\nNet acquired loans (1)\t0\t0\t71786\t71786\nFinancial Liabilities:\t\t\t\t\nLevel 2 Inputs:\t\t\t\t\nDeposits\t13222413\t13227707\t11245557\t11250071\nFederal funds purchased and securities sold under repurchase agreements\t153834\t153834\t256020\t256020\nOther borrowings\t178599\t178600\t85396\t85374\nJunior subordinated debt securities\t61856\t45773\t61856\t50722\n", "q10k_tbl_70": "\tSeptember 30 2020\tDecember 31 2019\nFair value of LHFS\t337752\t169285\nLHFS contractual principal outstanding\t321690\t164420\nFair value less unpaid principal\t16062\t4865\n", "q10k_tbl_71": "\tSeptember 30 2020\tDecember 31 2019\nDerivatives not designated as hedging instruments\t\t\nInterest rate contracts:\t\t\nFutures contracts included in other assets\t539\t0\nExchange traded purchased options included in other assets\t105\t244\nOTC written options (rate locks) included in other assets\t12213\t1439\nInterest rate swaps included in other assets\t41992\t16209\nCredit risk participation agreements included in other assets\t111\t64\nFutures contracts included in other liabilities\t0\t2654\nForward contracts included in other liabilities\t1139\t486\nExchange traded written options included in other liabilities\t512\t1760\nInterest rate swaps included in other liabilities\t1483\t1122\nCredit risk participation agreements included in other liabilities\t219\t41\n", "q10k_tbl_72": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nDerivatives in hedging relationships\t\t\t\t\nAmount of gain (loss) reclassified from accumulated other comprehensive income (loss) and recognized in other interest expense\t0\t101\t0\t413\nDerivatives not designated as hedging instruments\t\t\t\t\nAmount of gain (loss) recognized in mortgage banking net\t74\t6191\t45955\t18988\nAmount of gain (loss) recognized in bank card and other fees\t234\t(600)\t(1502)\t(1343)\n", "q10k_tbl_73": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nDerivatives in cash flow hedging relationship\t\t\t\t\nAmount of gain (loss) recognized in other comprehensive income (loss) net of tax\t0\t14\t0\t(109)\n", "q10k_tbl_74": "Offsetting of Derivative Assets\t\t\t\t\t\t\nAs of September 30 2020\t\t\t\t\t\t\n\t\t\t\tGross Amounts Not Offset in the Statement of Financial Position\t\t\n\tGross Amounts of Recognized Assets\tGross Amounts Offset in the Statement of Financial Position\tNet Amounts of Assets presented in the Statement of Financial Position\tFinancial Instruments\tCash Collateral Received\tNet Amount\nDerivatives\t41992\t0\t41992\t0\t0\t41992\n", "q10k_tbl_75": "Offsetting of Derivative Assets\t\t\t\t\t\t\nAs of December 31 2019\t\t\t\t\t\t\n\t\t\t\tGross Amounts Not Offset in the Statement of Financial Position\t\t\n\tGross Amounts of Recognized Assets\tGross Amounts Offset in the Statement of Financial Position\tNet Amounts of Assets presented in the Statement of Financial Position\tFinancial Instruments\tCash Collateral Received\tNet Amount\nDerivatives\t16209\t0\t16209\t0\t0\t16209\n", "q10k_tbl_76": "Offsetting of Derivative Liabilities\t\t\t\t\t\t\nAs of December 31 2019\t\t\t\t\t\t\n\t\t\t\tGross Amounts Not Offset in the Statement of Financial Position\t\t\n\tGross Amounts of Recognized Liabilities\tGross Amounts Offset in the Statement of Financial Position\tNet Amounts of Liabilities presented in the Statement of Financial Position\tFinancial Instruments\tCash Collateral Posted\tNet Amount\nDerivatives\t1122\t0\t1122\t0\t(1390)\t(268)\n", "q10k_tbl_77": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nGeneral Banking\t\t\t\t\nNet interest income\t104738\t106806\t310517\t315708\nProvision for credit losses\t3973\t2672\t40535\t6961\nNoninterest income\t54422\t29576\t149649\t83297\nNoninterest expense\t98384\t93103\t308189\t273211\nIncome before income taxes\t56803\t40607\t111442\t118833\nIncome taxes\t7971\t4456\t14155\t13973\nGeneral banking net income\t48832\t36151\t97287\t104860\nSelected Financial Information\t\t\t\t\nTotal assets\t15255359\t13221723\t15255359\t13221723\nDepreciation and amortization\t10081\t10254\t29297\t28985\nWealth Management\t\t\t\t\nNet interest income\t1401\t1588\t4481\t5108\nProvision for credit losses\t(2213)\t227\t(9)\t219\nNoninterest income\t7694\t7684\t23760\t23127\nNoninterest expense\t7067\t5797\t22527\t21187\nIncome before income taxes\t4241\t3248\t5723\t6829\nIncome taxes\t1009\t812\t1380\t1703\nWealth management net income\t3232\t2436\t4343\t5126\nSelected Financial Information\t\t\t\t\nTotal assets\t224773\t289977\t224773\t289977\nDepreciation and amortization\t69\t67\t203\t204\nInsurance\t\t\t\t\nNet interest income\t68\t72\t161\t182\nNoninterest income\t11585\t11077\t35067\t33043\nNoninterest expense\t8508\t7953\t25712\t24577\nIncome before income taxes\t3145\t3196\t9516\t8648\nIncome taxes\t769\t748\t2338\t2120\nInsurance net income\t2376\t2448\t7178\t6528\nSelected Financial Information\t\t\t\t\nTotal assets\t78030\t73086\t78030\t73086\nDepreciation and amortization\t194\t141\t500\t396\nConsolidated\t\t\t\t\nNet interest income\t106207\t108466\t315159\t320998\nProvision for credit losses\t1760\t2899\t40526\t7180\nNoninterest income\t73701\t48337\t208476\t139467\nNoninterest expense\t113959\t106853\t356428\t318975\nIncome before income taxes\t64189\t47051\t126681\t134310\nIncome taxes\t9749\t6016\t17873\t17796\nConsolidated net income\t54440\t41035\t108808\t116514\nSelected Financial Information\t\t\t\t\nTotal assets\t15558162\t13584786\t15558162\t13584786\nDepreciation and amortization\t10344\t10462\t30000\t29585\n", "q10k_tbl_78": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nConsolidated Statements of Income\t\t\t\t\nTotal interest income\t114364\t130228\t349411\t385855\nTotal interest expense\t8157\t21762\t34252\t64857\nNet interest income\t106207\t108466\t315159\t320998\nProvision for credit losses (1)\t1760\t3039\t40526\t7136\nProvision for loan losses acquired loans (1)\t0\t(140)\t0\t44\nNoninterest income\t73701\t48337\t208476\t139467\nNoninterest expense\t113959\t106853\t356428\t318975\nIncome before income taxes\t64189\t47051\t126681\t134310\nIncome taxes\t9749\t6016\t17873\t17796\nNet Income\t54440\t41035\t108808\t116514\nTotal Revenue (2)\t179908\t156803\t523635\t460465\nPer Share Data\t\t\t\t\nBasic earnings per share\t0.86\t0.64\t1.71\t1.80\nDiluted earnings per share\t0.86\t0.64\t1.71\t1.80\nCash dividends per share\t0.23\t0.23\t0.69\t0.69\nPerformance Ratios\t\t\t\t\nReturn on average equity\t12.78%\t9.96%\t8.72%\t9.67%\nReturn on average tangible equity\t16.82%\t13.31%\t11.57%\t13.01%\nReturn on average assets\t1.37%\t1.21%\t0.97%\t1.15%\nAverage equity / average assets\t10.75%\t12.14%\t11.13%\t11.92%\nNet interest margin (fully taxable equivalent)\t3.03%\t3.66%\t3.21%\t3.64%\nDividend payout ratio\t26.74%\t35.94%\t40.35%\t38.33%\nCredit Quality Ratios (3)\t\t\t\t\nNet charge-offs (recoveries) / average loans\t-0.04%\t0.01%\t0.02%\t0.05%\nProvision for credit losses / average loans (1)\t0.07%\t0.13%\t0.55%\t0.10%\nNonaccrual LHFI / (LHFI + LHFS)\t0.52%\t0.62%\t\t\nNonperforming assets / (LHFI + LHFS) plus other real estate\t0.68%\t0.95%\t\t\nACL LHFI / LHFI (1)\t1.24%\t0.90%\t\t\n", "q10k_tbl_79": "September 30\t2020\t2019\nConsolidated Balance Sheets\t\t\nTotal assets\t15558162\t13584786\nSecurities\t2534008\t2339127\nTotal loans (incl LHFS and acquired loans)\t10332831\t9597472\nDeposits\t13222413\t11254183\nTotal shareholders' equity\t1710041\t1645362\nStock Performance\t\t\nMarket value - close\t21.41\t34.11\nBook value\t26.96\t25.60\nTangible book value\t20.76\t19.57\nCapital Ratios\t\t\nTotal equity / total assets\t10.99%\t12.11%\nTangible equity / tangible assets\t8.68%\t9.53%\nTangible equity / risk-weighted assets\t11.01%\t11.50%\nTier 1 leverage ratio (1)\t9.20%\t10.34%\nCommon equity tier 1 risk-based capital ratio (1)\t11.36%\t11.83%\nTier 1 risk-based capital ratio (1)\t11.86%\t12.38%\nTotal risk-based capital ratio (1)\t12.88%\t13.15%\n", "q10k_tbl_80": "\t\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t\t2020\t2019\t2020\t2019\nTANGIBLE EQUITY\t\t\t\t\t\nAVERAGE BALANCES\t\t\t\t\t\nTotal shareholders' equity\t\t1694903\t1634646\t1666999\t1610356\nLess: Goodwill\t\t(385270)\t(379627)\t(383016)\t(379627)\nIdentifiable intangible assets\t\t(8550)\t(8706)\t(8146)\t(9660)\nTotal average tangible equity\t\t1301083\t1246313\t1275837\t1221069\nPERIOD END BALANCES\t\t\t\t\t\nTotal shareholders' equity\t\t1710041\t1645362\t\t\nLess: Goodwill\t\t(385270)\t(379627)\t\t\nIdentifiable intangible assets\t\t(8142)\t(8345)\t\t\nTotal tangible equity\t(a)\t1316629\t1257390\t\t\nTANGIBLE ASSETS\t\t\t\t\t\nTotal assets\t\t15558162\t13584786\t\t\nLess: Goodwill\t\t(385270)\t(379627)\t\t\nIdentifiable intangible assets\t\t(8142)\t(8345)\t\t\nTotal tangible assets\t(b)\t15164750\t13196814\t\t\nRisk-weighted assets\t(c)\t11963269\t10935018\t\t\nNET INCOME ADJUSTED FOR INTANGIBLE AMORTIZATION\t\t\t\t\t\nNet income\t\t54440\t41035\t108808\t116514\nPlus: Intangible amortization net of tax\t\t564\t766\t1725\t2336\nNet income adjusted for intangible amortization\t\t55004\t41801\t110533\t118850\nPeriod end shares outstanding\t(d)\t63423820\t64262779\t\t\nTANGIBLE EQUITY MEASUREMENTS\t\t\t\t\t\nReturn on average tangible equity (1)\t\t16.82%\t13.31%\t11.57%\t13.01%\nTangible equity/tangible assets\t(a)/(b)\t8.68%\t9.53%\t\t\nTangible equity/risk-weighted assets\t(a)/(c)\t11.01%\t11.50%\t\t\nTangible book value\t(a)/(d)*1000\t20.76\t19.57\t\t\nCOMMON EQUITY TIER 1 CAPITAL (CET1)\t\t\t\t\t\nTotal shareholders' equity\t\t1710041\t1645362\t\t\nCECL transitional adjustment (2)\t\t32647\t0\t\t\nAOCI-related adjustments\t\t(5684)\t20858\t\t\nCET1 adjustments and deductions:\t\t\t\t\t\nGoodwill net of associated deferred tax liabilities (DTLs)\t\t(371345)\t(365741)\t\t\nOther adjustments and deductions for CET1 (3)\t\t(6770)\t(6671)\t\t\nCET1 capital\t(e)\t1358889\t1293808\t\t\nAdditional tier 1 capital instruments plus related surplus\t\t60000\t60000\t\t\nTier 1 Capital\t\t1418889\t1353808\t\t\nCommon equity tier 1 risk-based capital ratio\t(e)/(c)\t11.36%\t11.83%\t\t\n", "q10k_tbl_81": "\tThree Months Ended September 30\t\t\t\tNine Months Ended September 30\t\t\t\n\t2020\t\t2019\t\t2020\t\t2019\t\n\tAmount\tDiluted EPS\tAmount\tDiluted EPS\tAmount\tDiluted EPS\tAmount\tDiluted EPS\nNet Income (GAAP)\t54440\t0.86\t41035\t0.64\t108808\t1.71\t116514\t1.80\nSignificant non-routine transactions (net of taxes):\t\t\t\t\t\t\t\t\nVoluntary early retirement program\t0\t0\t0\t0\t3281\t0.05\t0\t0\nNet Income adjusted for significant non-routine transactions (Non-GAAP)\t54440\t0.86\t41035\t0.64\t112089\t1.76\t116514\t1.80\n\tReported (GAAP)\tAdjusted (Non-GAAP)\tReported (GAAP)\tAdjusted (Non-GAAP)\tReported (GAAP)\tAdjusted (Non-GAAP)\tReported (GAAP)\tAdjusted (Non-GAAP)\nReturn on average equity\t12.78%\tn/a\t9.96%\tn/a\t8.72%\t8.97%\t9.67%\tn/a\nReturn on average tangible equity\t16.82%\tn/a\t13.31%\tn/a\t11.57%\t11.89%\t13.01%\tn/a\nReturn on average assets\t1.37%\tn/a\t1.21%\tn/a\t0.97%\t1.00%\t1.15%\tn/a\n", "q10k_tbl_82": "\tThree Months Ended September 30\t\t\t\t\t\n\t2020\t\t\t2019\t\t\n\tAverage Balance\tInterest\tYield/ Rate\tAverage Balance\tInterest\tYield/ Rate\nAssets\t\t\t\t\t\t\nInterest-earning assets:\t\t\t\t\t\t\nFederal funds sold and securities purchased under reverse repurchase agreements\t301\t1\t1.32%\t3662\t23\t2.49%\nSecurities - taxable\t2465635\t12542\t2.02%\t2348901\t13184\t2.23%\nSecurities - nontaxable\t31481\t301\t3.80%\t51184\t485\t3.76%\nPPP Loans\t941456\t6729\t2.84%\t0\t0\t0\nLoans (LHFS and LHFI)\t10162379\t97429\t3.81%\t9436287\t116432\t4.90%\nAcquired loans (1)\t0\t0\t0\t82641\t2309\t11.08%\nOther earning assets\t722917\t331\t0.18%\t176163\t1044\t2.35%\nTotal interest-earning assets\t14324169\t117333\t3.26%\t12098838\t133477\t4.38%\nOther assets\t1564825\t\t\t1447977\t\t\nAllowance for credit losses LHFI (2)\t(121842)\t\t\t(83756)\t\t\nTotal Assets\t15767152\t\t\t13463059\t\t\nLiabilities and Shareholders' Equity\t\t\t\t\t\t\nInterest-bearing liabilities:\t\t\t\t\t\t\nInterest-bearing deposits\t9592643\t7437\t0.31%\t8407244\t20385\t0.96%\nFederal funds purchased and securities sold under repurchase agreements\t84077\t32\t0.15%\t142064\t547\t1.53%\nOther borrowings\t229118\t688\t1.19%\t140260\t830\t2.35%\nTotal interest-bearing liabilities\t9905838\t8157\t0.33%\t8689568\t21762\t0.99%\nNoninterest-bearing demand deposits\t3921867\t\t\t2932754\t\t\nOther liabilities\t244544\t\t\t206091\t\t\nShareholders' equity\t1694903\t\t\t1634646\t\t\nTotal Liabilities and Shareholders' Equity\t15767152\t\t\t13463059\t\t\nNet Interest Margin\t\t109176\t3.03%\t\t111715\t3.66%\nLess tax equivalent adjustment\t\t2969\t\t\t3249\t\nNet Interest Margin per Consolidated Statements of Income\t\t106207\t\t\t108466\t\n", "q10k_tbl_83": "\tNine Months Ended September 30\t\t\t\t\t\n\t2020\t\t\t2019\t\t\n\tAverage Balance\tInterest\tYield/ Rate\tAverage Balance\tInterest\tYield/ Rate\nAssets\t\t\t\t\t\t\nInterest-earning assets:\t\t\t\t\t\t\nFederal funds sold and securities purchased under reverse repurchase agreements\t193\t1\t0.69%\t12678\t239\t2.52%\nSecurities - taxable\t2387022\t38252\t2.14%\t2482893\t41765\t2.25%\nSecurities - nontaxable\t38167\t1073\t3.76%\t59456\t1682\t3.78%\nPPP Loans\t569985\t11773\t2.76%\t0\t0\t0\nLoans (LHFS and LHFI)\t9917127\t306086\t4.12%\t9246298\t341195\t4.93%\nAcquired loans (1)\t0\t0\t0\t92645\t6235\t9.00%\nOther earning assets\t588787\t1310\t0.30%\t245173\t4467\t2.44%\nTotal interest-earning assets\t13501281\t358495\t3.55%\t12139143\t395583\t4.36%\nOther assets\t1582888\t\t\t1454350\t\t\nAllowance for credit losses LHFI (2)\t(103355)\t\t\t(82665)\t\t\nTotal Assets\t14980814\t\t\t13510828\t\t\nLiabilities and Shareholders' Equity\t\t\t\t\t\t\nInterest-bearing liabilities:\t\t\t\t\t\t\nInterest-bearing deposits\t9212283\t31124\t0.45%\t8554488\t61455\t0.96%\nFederal funds purchased and securities sold under repurchase agreements\t145537\t699\t0.64%\t92771\t916\t1.32%\nOther borrowings\t182053\t2429\t1.78%\t145331\t2486\t2.29%\nTotal interest-bearing liabilities\t9539873\t34252\t0.48%\t8792590\t64857\t0.99%\nNoninterest-bearing demand deposits\t3494425\t\t\t2885478\t\t\nOther liabilities\t279517\t\t\t222404\t\t\nShareholders' equity\t1666999\t\t\t1610356\t\t\nTotal Liabilities and Shareholders' Equity\t14980814\t\t\t13510828\t\t\nNet Interest Margin\t\t324243\t3.21%\t\t330726\t3.64%\nLess tax equivalent adjustment\t\t9084\t\t\t9728\t\nNet Interest Margin per Consolidated Statements of Income\t\t315159\t\t\t320998\t\n", "q10k_tbl_84": "\tThree Months Ended September 30\t\t\t\tNine Months Ended September 30\t\t\t\n\t2020\t2019\t Change\t% Change\t2020\t2019\t Change\t% Change\nService charges on deposit accounts\t7577\t11065\t(3488)\t-31.5%\t24006\t31709\t(7703)\t-24.3%\nBank card and other fees\t8843\t8349\t494\t5.9%\t21915\t23544\t(1629)\t-6.9%\nMortgage banking net\t36439\t8171\t28268\tn/m\t97667\t21908\t75759\tn/m\nInsurance commissions\t11562\t11072\t490\t4.4%\t34980\t33032\t1948\t5.9%\nWealth management\t7679\t7691\t(12)\t-0.2%\t23787\t22916\t871\t3.8%\nOther net\t1601\t1989\t(388)\t-19.5%\t6121\t6358\t(237)\t-3.7%\nTotal noninterest income\t73701\t48337\t25364\t52.5%\t208476\t139467\t69009\t49.5%\n", "q10k_tbl_85": "\tThree Months Ended September 30\t\t\t\tNine Months Ended September 30\t\t\t\n\t2020\t2019\t Change\t% Change\t2020\t2019\t Change\t% Change\nMortgage servicing income net\t5742\t5688\t54\t0.9%\t17454\t17029\t425\t2.5%\nChange in fair value-MSR from runoff\t(4590)\t(3569)\t(1021)\t-28.6%\t(11411)\t(8885)\t(2526)\t-28.4%\nGain on sales of loans net\t34472\t9799\t24673\tn/m\t82889\t22312\t60577\tn/m\nMortgage banking income before net hedge ineffectiveness\t35624\t11918\t23706\tn/m\t88932\t30456\t58476\tn/m\nChange in fair value-MSR from market changes\t60\t(8054)\t8114\tn/m\t(27098)\t(25126)\t(1972)\t-7.8%\nChange in fair value of derivatives\t755\t4307\t(3552)\t-82.5%\t35833\t16578\t19255\tn/m\nNet hedge ineffectiveness\t815\t(3747)\t4562\tn/m\t8735\t(8548)\t17283\tn/m\nMortgage banking net\t36439\t8171\t28268\tn/m\t97667\t21908\t75759\tn/m\n", "q10k_tbl_86": "\tThree Months Ended September 30\t\t\t\tNine Months Ended September 30\t\t\t\n\t2020\t2019\t Change\t% Change\t2020\t2019\t Change\t% Change\nPartnership amortization for tax credit purposes\t(1457)\t(1994)\t537\t26.9%\t(3823)\t(6014)\t2191\t36.4%\nIncrease in life insurance cash surrender value\t1755\t1814\t(59)\t-3.3%\t5173\t5400\t(227)\t-4.2%\nOther miscellaneous income\t1303\t2169\t(866)\t-39.9%\t4771\t6972\t(2201)\t-31.6%\nTotal other net\t1601\t1989\t(388)\t-19.5%\t6121\t6358\t(237)\t-3.7%\n", "q10k_tbl_87": "\tThree Months Ended September 30\t\t\t\tNine Months Ended September 30\t\t\t\n\t2020\t2019\t Change\t% Change\t2020\t2019\t Change\t% Change\nSalaries and employee benefits\t67342\t62495\t4847\t7.8%\t202597\t185398\t17199\t9.3%\nServices and fees\t20992\t18838\t2154\t11.4%\t61489\t53815\t7674\t14.3%\nNet occupancy-premises\t7000\t6831\t169\t2.5%\t19873\t19688\t185\t0.9%\nEquipment expense\t5828\t5971\t(143)\t-2.4%\t17064\t17853\t(789)\t-4.4%\nOther real estate expense:\t\t\t\t\t\t\t\t\nWrite-downs\t829\t137\t692\tn/m\t1673\t1804\t(131)\t-7.3%\nNet (gain) loss on sale\t133\t122\t11\t9.0%\t388\t(124)\t512\tn/m\nCarrying costs\t241\t272\t(31)\t-11.4%\t707\t735\t(28)\t-3.8%\nTotal other real estate expense net\t1203\t531\t672\tn/m\t2768\t2415\t353\t14.6%\nCredit loss expense related to off-balance sheet credit exposures (1)\t(3004)\t0\t(3004)\tn/m\t10021\t0\t10021\tn/m\nOther expense\t14598\t12187\t2411\t19.8%\t42616\t39806\t2810\t7.1%\nTotal noninterest expense\t113959\t106853\t7106\t6.7%\t356428\t318975\t37453\t11.7%\n", "q10k_tbl_88": "\tThree Months Ended September 30\t\t\t\tNine Months Ended September 30\t\t\t\n\t2020\t2019\t Change\t% Change\t2020\t2019\t Change\t% Change\nLoan expense\t3485\t2886\t599\t20.8%\t9238\t8586\t652\t7.6%\nAmortization of intangibles\t752\t1021\t(269)\t-26.3%\t2300\t3114\t(814)\t-26.1%\nFDIC assessment expense\t1410\t1400\t10\t0.7%\t4590\t4994\t(404)\t-8.1%\nOther miscellaneous expense\t8951\t6880\t2071\t30.1%\t26488\t23112\t3376\t14.6%\nTotal other expense\t14598\t12187\t2411\t19.8%\t42616\t39806\t2810\t7.1%\n", "q10k_tbl_89": "\tSeptember 30 2020\t\t\t\n\tAmortized Cost\t\tEstimated Fair Value\t\n\tAmount\t%\tAmount\t%\nSecurities Available for Sale\t\t\t\t\nAaa\t1878146\t99.6%\t1914414\t99.6%\nBaa1 to Baa3\t1069\t0.1%\t1111\t0.1%\nNot Rated (1)\t6645\t0.3%\t7203\t0.3%\nTotal securities available for sale\t1885860\t100.0%\t1922728\t100.0%\nSecurities Held to Maturity\t\t\t\t\nAaa\t579674\t94.8%\t607697\t95.0%\nAa1 to Aa3\t26166\t4.3%\t26369\t4.1%\nNot Rated (1)\t5440\t0.9%\t5599\t0.9%\nTotal securities held to maturity\t611280\t100.0%\t639665\t100.0%\n", "q10k_tbl_90": "\tSeptember 30 2020 (1)\t\tDecember 31 2019\t\n\tAmount\t%\tAmount\t%\nLoans secured by real estate:\t\t\t\t\nConstruction land development and other land (2)\t494519\t5.0%\t1162791\t12.4%\nOther secured by 1-4 family residential properties (2)\t547148\t5.6%\t1855913\t19.9%\nSecured by nonfarm nonresidential properties\t2707627\t27.5%\t2475245\t26.5%\nOther real estate secured\t887792\t9.0%\t724480\t7.8%\nOther loans secured by real estate: (2)\t\t\t\t\nOther construction\t891428\t9.0%\t0\t0\nSecured by 1-4 family residential properties\t1228252\t12.5%\t0\t0\nCommercial and industrial loans\t1398468\t14.2%\t1477896\t15.8%\nConsumer loans\t163933\t1.7%\t175738\t1.9%\nState and other political subdivision loans\t935349\t9.5%\t967944\t10.4%\nOther commercial loans (2)\t593212\t6.0%\t495621\t5.3%\nLHFI\t9847728\t100.0%\t9335628\t100.0%\n", "q10k_tbl_91": "\tSeptember 30 2020\tDecember 31 2019\nHome equity loans\t46390\t52348\nHome equity lines of credit\t363677\t388217\nPercentage of loans and lines for which Trustmark holds first lien\t59.8%\t59.4%\nPercentage of loans and lines for which Trustmark does not hold first lien\t40.2%\t40.6%\n", "q10k_tbl_92": "\tSeptember 30 2020\t\t\n\tFixed\tVariable\tTotal\nLoans secured by real estate:\t\t\t\nConstruction land development and other land\t139023\t355496\t494519\nOther secured by 1- 4 family residential properties\t27915\t519233\t547148\nSecured by nonfarm nonresidential properties\t1485701\t1221926\t2707627\nOther real estate secured\t240064\t647728\t887792\nOther loans secured by real estate:\t\t\t\nOther construction\t103976\t787452\t891428\nSecured by 1- 4 family residential properties\t736709\t491543\t1228252\nCommercial and industrial loans\t615831\t782637\t1398468\nConsumer loans\t139583\t24350\t163933\nState and other political subdivision loans\t890415\t44934\t935349\nOther commercial loans\t311609\t281603\t593212\nLHFI\t4690826\t5156902\t9847728\n", "q10k_tbl_93": "\tDecember 31 2019\t\t\n\tFixed\tVariable\tTotal\nLoans secured by real estate:\t\t\t\nConstruction land development and other land\t201055\t961736\t1162791\nSecured by 1- 4 family residential properties\t1004079\t851834\t1855913\nSecured by nonfarm nonresidential properties\t1430132\t1045113\t2475245\nOther real estate secured\t189023\t535457\t724480\nCommercial and industrial loans\t636518\t841378\t1477896\nConsumer loans\t152970\t22768\t175738\nState and other political subdivision loans\t925990\t41954\t967944\nOther loans\t310475\t185146\t495621\nLHFI\t4850242\t4485386\t9335628\n", "q10k_tbl_94": "\tSeptember 30 2020\t\t\t\t\t\nLHFI Composition by Region\tTotal\tAlabama\tFlorida\tMississippi\tTennessee\tTexas\nLoans secured by real estate:\t\t\t\t\t\t\nConstruction land development and other land\t494519\t178884\t71677\t156354\t25154\t62450\nOther secured by 1-4 family residential properties\t547148\t124666\t38269\t305294\t67889\t11030\nSecured by nonfarm nonresidential properties\t2707627\t679817\t283629\t998294\t183620\t562267\nOther real estate secured\t887792\t253180\t6133\t409377\t6095\t213007\nOther loans secured by real estate:\t\t\t\t\t\t\nOther construction\t891428\t238153\t35232\t167154\t787\t450102\nSecured by 1-4 family residential properties\t1228252\t0\t0\t1218940\t9312\t0\nCommercial and industrial loans\t1398468\t183024\t23617\t717164\t302111\t172552\nConsumer loans\t163933\t24220\t6490\t111219\t18774\t3230\nState and other political subdivision loans\t935349\t86610\t37106\t623607\t37366\t150660\nOther commercial loans\t593212\t83568\t14869\t386881\t80195\t27699\nLHFI\t9847728\t1852122\t517022\t5094284\t731303\t1652997\nConstruction Land Development and Other Land Loans by Region\t\t\t\t\t\t\nLots\t77787\t17880\t23659\t29991\t1246\t5011\nDevelopment\t72903\t24010\t6155\t30424\t5264\t7050\nUnimproved land\t102092\t25890\t20007\t25866\t11084\t19245\n1-4 family construction\t241737\t111104\t21856\t70073\t7560\t31144\nConstruction land development and other land loans\t494519\t178884\t71677\t156354\t25154\t62450\nLoans Secured by Nonfarm Nonresidential Properties by Region\t\t\t\t\t\t\nNonowner-occupied:\t\t\t\t\t\t\nRetail\t415168\t142452\t38484\t133673\t26868\t73691\nOffice\t257143\t66829\t27215\t83379\t12230\t67490\nHotel/motel\t343854\t137960\t101206\t53507\t40181\t11000\nMini-storage\t120173\t20676\t3572\t56772\t405\t38748\nIndustrial\t216231\t57102\t12327\t41895\t1124\t103783\nHealth care\t45835\t12865\t11729\t18634\t395\t2212\nConvenience stores\t16214\t3366\t0\t3223\t392\t9233\nNursing homes/senior living\t65903\t28197\t0\t12051\t7084\t18571\nOther\t61932\t4608\t7167\t17054\t6120\t26983\nTotal nonowner-occupied loans\t1542453\t474055\t201700\t420188\t94799\t351711\nOwner-occupied:\t\t\t\t\t\t\nOffice\t180968\t43521\t41440\t52219\t9359\t34429\nChurches\t106979\t22981\t7213\t52590\t10501\t13694\nIndustrial warehouses\t165356\t13234\t2869\t50088\t16784\t82381\nHealth care\t127692\t17162\t4975\t101319\t2462\t1774\nConvenience stores\t120909\t15874\t7899\t70654\t580\t25902\nRetail\t69764\t15119\t6655\t26636\t6275\t15079\nRestaurants\t59955\t4088\t4492\t34295\t15658\t1422\nAuto dealerships\t46629\t7664\t284\t12278\t26403\t0\nNursing homes/senior living\t181803\t61368\t0\t120435\t0\t0\nOther\t105119\t4751\t6102\t57592\t799\t35875\nTotal owner-occupied loans\t1165174\t205762\t81929\t578106\t88821\t210556\nLoans secured by nonfarm nonresidential properties\t2707627\t679817\t283629\t998294\t183620\t562267\n", "q10k_tbl_95": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nBalance at beginning of period\t119188\t80399\t84277\t79290\nFASB ASU 2016-13 adoption adjustments:\t\t\t\t\nLHFI\t0\t0\t(3039)\t0\nAllowance for loan losses acquired loans transfer\t0\t0\t815\t0\nAcquired loans ACL adjustment\t0\t0\t1007\t0\nProvision for credit losses\t1760\t3039\t40526\t7136\nLHFI charged-off\t(1263)\t(2892)\t(8678)\t(9862)\nRecoveries\t2325\t2680\t7102\t6662\nNet (charge-offs) recoveries\t1062\t(212)\t(1576)\t(3200)\nBalance at end of period\t122010\t83226\t122010\t83226\n", "q10k_tbl_96": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\nAlabama\t117\t(329)\t(437)\t(622)\nFlorida\t387\t136\t324\t493\nMississippi\t442\t391\t482\t(2646)\nTennessee\t42\t(483)\t(2078)\t(577)\nTexas\t74\t73\t133\t152\nTotal net (charge-offs) recoveries\t1062\t(212)\t(1576)\t(3200)\n", "q10k_tbl_97": "\tSeptember 30 2020\tDecember 31 2019\nNonaccrual LHFI\t\t\nAlabama\t3860\t1870\nFlorida\t617\t267\nMississippi\t35617\t41493\nTennessee\t13041\t8980\nTexas\t721\t616\nTotal nonaccrual LHFI\t53856\t53226\nOther real estate\t\t\nAlabama\t3725\t8133\nFlorida\t3665\t5877\nMississippi\t8718\t14919\nTennessee\t140\t319\nTexas\t0\t0\nTotal other real estate\t16248\t29248\nTotal nonperforming assets\t70104\t82474\nNonperforming assets/total loans (LHFI and LHFS) and ORE\t0.68%\t0.86%\nLoans past due 90 days or more\t\t\nLHFI\t782\t642\nLHFS - Guaranteed GNMA serviced loans (1)\t121281\t41648\n", "q10k_tbl_98": "\tThree Months Ended September 30 2020\t\t\t\t\t\n\tTotal\tAlabama\tFlorida\tMississippi\tTennessee\tTexas\nBalance at beginning of period\t18276\t4766\t3665\t9408\t437\t0\nAdditions\t90\t0\t0\t136\t(46)\t0\nDisposals\t(1289)\t(860)\t0\t(183)\t(246)\t0\nWrite-downs\t(829)\t(181)\t0\t(643)\t(5)\t0\nBalance at end of period\t16248\t3725\t3665\t8718\t140\t0\n", "q10k_tbl_99": "\tThree Months Ended September 30 2019\t\t\t\t\t\n\tTotal\tAlabama\tFlorida\tMississippi\tTennessee\tTexas\nBalance at beginning of period\t31243\t6451\t7826\t15511\t815\t640\nAdditions\t3583\t0\t0\t3509\t74\t0\nDisposals\t(2715)\t(117)\t(843)\t(1029)\t0\t(726)\nWrite-downs\t(137)\t167\t0\t(345)\t(45)\t86\nBalance at end of period\t31974\t6501\t6983\t17646\t844\t0\n", "q10k_tbl_100": "\tNine Months Ended September 30 2020\t\t\t\t\t\n\tTotal\tAlabama\tFlorida\tMississippi\tTennessee\tTexas\nBalance at beginning of period\t29248\t8133\t5877\t14919\t319\t0\nAdditions\t496\t77\t0\t220\t199\t0\nDisposals\t(11823)\t(3558)\t(2196)\t(5712)\t(357)\t0\nWrite-downs\t(1673)\t(927)\t(16)\t(709)\t(21)\t0\nBalance at end of period\t16248\t3725\t3665\t8718\t140\t0\n", "q10k_tbl_101": "\tNine Months Ended September 30 2019\t\t\t\t\t\n\tTotal\tAlabama\tFlorida\tMississippi\tTennessee\tTexas\nBalance at beginning of period\t34668\t6873\t8771\t17255\t1025\t744\nAdditions\t5684\t569\t0\t5000\t115\t0\nDisposals\t(6574)\t(726)\t(1517)\t(3375)\t(230)\t(726)\nWrite-downs\t(1804)\t(215)\t(271)\t(1234)\t(66)\t(18)\nBalance at end of period\t31974\t6501\t6983\t17646\t844\t0\n", "q10k_tbl_102": "\tDecember 31 2019\nLoans secured by real estate:\t\nConstruction land development and other land\t4771\nSecured by 1-4 family residential properties\t17525\nSecured by nonfarm nonresidential properties\t38206\nOther real estate secured\t3946\nCommercial and industrial loans\t5035\nConsumer loans\t520\nOther loans\t2598\nAcquired loans\t72601\nLess allowance for loan losses acquired loans\t815\nNet acquired loans\t71786\n", "q10k_tbl_103": "\tEstimated % Change in Net Interest Income\t\nChange in Interest Rates\t2020\t2019\n+200 basis points\t13.8%\t6.7%\n+100 basis points\t7.3%\t3.4%\n-100 basis points\t-5.7%\t-4.8%\n", "q10k_tbl_104": "\tEstimated % Change in Net Portfolio Value\t\nChange in Interest Rates\t2020\t2019\n+200 basis points\t18.6%\t8.0%\n+100 basis points\t10.8%\t4.8%\n-100 basis points\t-14.4%\t-8.6%\n", "q10k_tbl_105": "Period\tTotal Number of Shares Purchased\tAverage Price Paid Per Share\tTotal Number of Shares Purchased as Part of Publicly Announced Plan\tApproximate Dollar Value of Shares that May Yet Be Purchased Under the Plan at the End of the Period\nJuly 1 2020 to July 31 2020\t0\t0\t0\t52740\nAugust 1 2020 to August 31 2020\t0\t0\t0\t52740\nSeptember 1 2020 to September 30 2020\t0\t0\t0\t52740\nTotal\t0\t\t0\t\n", "q10k_tbl_106": "3-b\tAmended and Restated Bylaws of Trustmark Corporation as of October 27 2020. Filed on October 27 2020 as Exhibit 3.1 to Trustmark's Form 8-K Current Report incorporated herein by reference.\n10-ad\tEmployment Agreement between Trustmark Corporation and Gerard R. Host dated October 27 2020. Filed October 27 2020 as Exhibit 10.1 to Trustmark's Form 8-K Current Report incorporated herein by reference.*\n10-ae\tEmployment Agreement between Trustmark Corporation and Duane A. Dewey dated October 27 2020. Filed October 27 2020 as Exhibit 10.2 to Trustmark's Form 8-K Current Report incorporated herein by reference.*\n31-a\tCertification by Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.\n31-b\tCertification by Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.\n32-a\tCertification by Chief Executive Officer pursuant to 18 U.S.C. ss. 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.\n32-b\tCertification by Principal Financial Officer pursuant to 18 U.S.C. ss. 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.\n101\tInline XBRL Interactive Data.\n104\tCover Page Interactive Data File (embedded within the Inline XBRL document).\n"}{"bs": "q10k_tbl_1", "is": "q10k_tbl_78", "cf": "q10k_tbl_6"}None
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 2020
or
☐
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 000-03683
Trustmark Corporation
(Exact name of registrant as specified in its charter)
Mississippi
64-0471500
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
248 East Capitol Street, Jackson, Mississippi
39201
(Address of principal executive offices)
(Zip Code)
(601) 208-5111
(Registrant’s telephone number, including area code)
Securities registered Pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, no par value
TRMK
Nasdaq Global Select Market
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer
☒
Accelerated filer
☐
Non-accelerated filer
☐
Smaller reporting company
☐
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
As of October 31, 2020, there were 63,423,820 shares outstanding of the registrant’s common stock (no par value).
Forward-Looking Statements
Certain statements contained in this Quarterly Report on Form 10-Q 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,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “seek,” “continue,” “could,” “would,” “future” or the negative of those terms or other words of similar meaning. You should read statements that contain these words carefully because they discuss our future expectations or state other “forward-looking” information. These forward-looking statements include, but are not limited to, statements relating to anticipated future operating and financial performance measures, including net interest margin, credit quality, business initiatives, growth opportunities and growth rates, among other things, and encompass any estimate, prediction, expectation, projection, opinion, anticipation, outlook or statement of belief included therein as well as the management assumptions underlying these forward-looking statements. You should be aware that the occurrence of the events described under the caption “Risk Factors” in Trustmark’s filings with the Securities and Exchange Commission (SEC) could have an adverse effect on our business, results of operations and financial condition. Should one or more of these risks materialize, or should any such underlying assumptions prove to be significantly different, actual results may vary significantly from those anticipated, estimated, projected or expected. Furthermore, many of these risks and uncertainties are currently amplified by and may continue to be amplified by or may, in the future, be amplified by, the novel coronavirus (COVID-19) pandemic, and also by the effectiveness of varying governmental responses in ameliorating the impact of the pandemic on our customers and the economies where they operate.
Risks that could cause actual results to differ materially from current expectations of Management include, but are not limited to, changes in the level of nonperforming assets and charge-offs, an increase in unemployment levels and slowdowns in economic growth, our ability to manage the impact of the COVID-19 pandemic on our markets and our customers, as well as the effectiveness of actions of federal, state and local governments and agencies (including the Board of Governors of the Federal Reserve Board (FRB)) to mitigate its spread and economic impact, local, state and national economic and market conditions, conditions in the housing and real estate markets in the regions in which Trustmark operates and the extent and duration of the current volatility in the credit and financial markets, levels of and volatility in crude oil prices, changes in our ability to measure the fair value of assets in our portfolio, material changes in the level and/or volatility of market interest rates, the performance and demand for the products and services we offer, including the level and timing of withdrawals from our deposit accounts, the costs and effects of litigation and of unexpected or adverse outcomes in such litigation, our ability to attract noninterest-bearing deposits and other low-cost funds, competition in loan and deposit pricing, as well as the entry of new competitors into our markets through de novo expansion and acquisitions, economic conditions, including the potential impact of issues related to the European financial system and monetary and other governmental actions designed to address credit, securities, and/or commodity markets, the enactment of legislation and changes in existing regulations or enforcement practices or the adoption of new regulations, changes in accounting standards and practices, including changes in the interpretation of existing standards, that affect our consolidated financial statements, changes in consumer spending, borrowings and savings habits, technological changes, changes in the financial performance or condition of our borrowers, changes in our ability to control expenses, greater than expected costs or difficulties related to the integration of acquisitions or new products and lines of business, cyber-attacks and other breaches which could affect our information system security, natural disasters, environmental disasters, pandemics or other health crises, acts of war or terrorism, and other risks described in our filings with the SEC.
Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Except as required by law, we undertake no obligation to update or revise any of this information, whether as the result of new information, future events or developments or otherwise.
2
PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
Trustmark Corporation and Subsidiaries
Consolidated Balance Sheets
($ in thousands)
(Unaudited)
September 30, 2020
December 31, 2019
Assets
Cash and due from banks
$
564,588
$
358,916
Federal funds sold and securities purchased under reverse repurchase agreements
50
—
Securities available for sale, at fair value
(amortized cost: $1,885,860; allowance for credit losses: $0)
1,922,728
1,602,404
Securities held to maturity, net of allowance for credit losses of $0
(fair value: $639,665-2020; $746,202-2019)
611,280
738,099
Paycheck Protection Program (PPP) loans
944,270
—
Loans held for sale (LHFS)
485,103
226,347
Loans held for investment (LHFI) (1)
9,847,728
9,335,628
Less allowance for credit losses (ACL), LHFI (1)
122,010
84,277
Net LHFI
9,725,718
9,251,351
Acquired loans (1)
—
72,601
Less allowance for loan losses, acquired loans (1)
—
815
Net acquired loans
—
71,786
Net LHFI and acquired loans
9,725,718
9,323,137
Premises and equipment, net
192,722
189,791
Mortgage servicing rights
61,613
79,394
Goodwill
385,270
379,627
Identifiable intangible assets, net
8,142
7,343
Other real estate
16,248
29,248
Operating lease right-of-use assets
30,508
31,182
Other assets
609,922
532,389
Total Assets
$
15,558,162
$
13,497,877
Liabilities
Deposits:
Noninterest-bearing
$
3,964,023
$
2,891,215
Interest-bearing
9,258,390
8,354,342
Total deposits
13,222,413
11,245,557
Federal funds purchased and securities sold under repurchase agreements