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Origin BancorpOur vision is to be a premier financial services company in our marketplace. Our mission is to achieve outstanding customer satisfaction by providing banking, wealth management and insurance solutions through superior sales and service, utilizing excellent people, teamwork and diversity, while meeting our corporate financial goals. Integrity • Service • Accountability • Relationships • Solutions Table of Contents Letter to Shareholders Leaving our Mark Financial Highlights Board of Directors Corporate Information Executive Management Regional and Market Executives Community Market Advisory Directors 2 8 16 18 19 20 21 22 To our Shareholders Trustmark continued to build upon and expand customer relationships as reflected by solid growth in our banking, mortgage banking, wealth management and insurance businesses. We provided our customers with best-in-class service while generating competitive returns for our shareholders. Net income and diluted earnings per share reached record levels in 2019, and we continued investments to strengthen our franchise and competitive position. We also returned capital to shareholders through consistent quarterly dividends and opportunistic share addition, Trustmark In made significant investments to strengthen our communities, and associates provided thousands of hours of volunteer support. The successes of 2019 are ultimately a reflection of our team of dedicated associates conducting business in line with our core values of integrity, service, accountability, relationships and solutions. repurchases. The financial services industry continues to evolve, and the pace of change is accelerating. Banking is something customers do, not necessarily some place they go. We have adapted by realigning delivery channels, repositioning product offerings, and providing technology that enables customers to conduct business anywhere, whenever and however they choose. While customer preferences may change, the need for trustworthy service and sound financial solutions has not. Banking remains a people business, and we are committed to building relationships and providing individualized solutions to meet our customers’ objectives. We would like to take this opportunity to reflect upon our accomplishments in 2019, share our direction for the future, and highlight a few of the ways we are creating value for our stakeholders. Financial Highlights Net income in 2019 reached a record level of $150.5 million, representing diluted earnings per share of $2.32. Diluted earnings per share in 2019 increased 5.0% when compared to the prior year. Our financial results include charges related to our mortgage servicing hedging program which reduced net income by $8.6 million, or $0.13 per diluted share, as a result of the volatile interest rate environment. Despite these charges, 2019 was a year of solid financial results as reflected by a return on average tangible equity of 12.45% and a return on average assets of 1.11%. Our consistent performance has generated competitive returns for our shareholders. Over a fifteen-year period ended December 31, 2019, Trustmark generated a total return for shareholders, which consists of stock price appreciation and reinvestment of dividends, in excess of 90%. This compares to a total return for the KBW Regional Banking Index of 62.6% over the same period. Loans held for investment increased nearly $500 million, or 5.7%, to total $9.3 billion at year-end 2019. Our growth was well-diversified by loan type and geographic market. This reflects the success of our line of business strategy to consistently deliver residential real estate, commercial real estate, corporate banking and private banking services across the organization. Our bankers have the experience and expertise to add the value our customers have come to expect in a relationship with Trustmark. Our diversified, low-cost deposit base remains a source of strength of the Trustmark franchise. At year-end 2019, approximately 58% of deposits were 2 $150.5 M Net Income $431.1 M Net Interest Income $187.0 M Noninterest Income 1.11% Return on Average Assets 12.45% Return on Average Tangible Equity Extended Commercial Trade Area Banking Center States $9.3 B Loans Held for Investment $11.2 B Total Deposits $13.5 B Total Assets 77.5% Net Income Returned to Shareholders $1.7 B Total Shareholder Equity 2 in checking accounts, including 26% in noninterest- bearing accounts. Deposits totaled $11.2 billion at December 31, 2019; excluding public funds, deposits increased $303.6 million, or 3.3%, during the year. Experience and attention to customer relationships have afforded Trustmark a position of leadership in the majority of the communities we serve. We are particularly pleased to continue to have the #1 deposit market share ranking in the Jackson metropolitan area, as well as the state of Mississippi. We know our customers have many financial institutions from which to choose and are appreciative they continue to choose Trustmark. Credit Quality or $16.0 million, from the prior year. This level of net interest income resulted in a net interest margin of 3.58%, representing 12 basis points of expansion from 2018. Our diverse fee income businesses continue to be a strength and provide meaningful contributions to our financial performance; noninterest income represented 30.9% of total revenue, excluding acquired loans, in 2019. Fisher Brown Bottrell, our insurance agency subsidiary, produced $42.4 million in revenue, the highest level in its history and again ranked among the top 100 retail and business insurance agencies in the country. Fisher Brown Bottrell was also recognized as a Best Practices Agency in 2019 by the Independent Insurance Agents and Brokers of America for the fourth In 2019, we remained focused on disciplined consecutive year. Banking remains a people business, and we are committed to building relationships and providing individualized solutions. underwriting, pricing and credit management and, as a result, we maintained solid credit quality, an enduring hallmark of Trustmark. Nonperforming assets declined 14.4% during the year, reflecting reductions in nonperforming loans and other real estate of 13.6% and 15.6%, respectively. Net charge- offs represented 6 basis points of average loans in 2019, well below historical long-term averages. At December 31, 2019, allocation of Trustmark’s $84.3 million allowance for loan losses represented 411% of nonperforming loans, excluding specifically reviewed impaired loans. Revenue Generation We continued to post solid revenue growth in 2019, reflecting Trustmark’s proven ability to navigate a challenging interest rate environment, as well as achieve significant contributions from our fee income businesses. Revenue, excluding interest and fees on acquired loans, totaled $605.3 million in 2019, an increase of 3.1% from the prior year. Net interest income (FTE) excluding acquired loans, totaled $431.1 million in 2019, an increase of 3.9%, 4 Trustmark Tailored Wealth®, which provides comprehensive and integrated services to assist clients accumulate, preserve, and transfer wealth, produced revenue of $30.7 million in 2019. Assets under management, administration, and brokerage assets within Trustmark Tailored Wealth® grew to $13.8 billion, a reflection of the confidence customers have placed in us to provide trusted financial advice. Our mortgage banking business continued to grow, generating record retail mortgage loan volume. Mortgage loan production totaled $1.76 billion for the year, up 25.8% from the prior year, and retail production totaled $1.28 billion, representing over 72% of production in 2019. Mortgage banking revenue before negative hedge ineffectiveness totaled $41.3 million in 2019, an increase of $9.1 million, or 28.1% from the prior year. We continued to see positive results from investments in technology applications and workflow redesign. In addition, we enhanced our focus on affordable housing programs by expanding our team of Community Lending Specialists and engaging in a multitude of community outreach activities. 4 myTeller® - Our new, full-service offices feature an innovative design concept that allows for the integration of our myTeller® interactive teller machines and includes modern spaces created for increased customer engagement. Capital Strength Trustmark maintained a disciplined approach to managing and deploying capital in 2019 as we continued our quarterly cash dividend to shareholders of $0.23 per share, or $0.92 annually. In addition, we repurchased $56.6 million, or approximately in 1.8 million of Trustmark’s common shares, 2019. Through dividends and share repurchases, approximately 77.5% of Trustmark’s net income was returned to shareholders in 2019. Trustmark’s capital position remained solid, reflecting the consistent profitability of our diversified financial services businesses. At December 31, 2019, total shareholders’ equity was $1.7 billion, while tangible common equity totaled $1.3 billion, which tangible assets. Trustmark’s regulatory capital ratios continue to significantly exceed levels necessary to be categorized as well capitalized. represented 9.72% of Investing for the Future Trustmark remains committed to investments to promote profitable customer acquisition and revenue growth, as well as reengineering processes to improve operational efficiency. In 2019, noninterest expense totaled $429.0 million, up 3.3% from the prior year. During the year, we continued implementation plans for new core loan and deposit systems. These advancements will be phased in over several years and will notably improve the way we do business by expanding capabilities and providing additional efficiencies in our banking business. We previously introduced technology solutions in our mortgage and insurance businesses which enhanced productivity and improved efficiency. All of these investments are designed to provide associates with the best tools available to assist our customers in achieving their financial objectives. We continued to realign our branch network to reflect our customers’ evolving preferences for online and mobile account access. Still, customers value the face-to-face interaction in the branch and the personal aspect of the banking relationship. As consumer preferences evolve, we will strive to provide a consistent customer experience, regardless of the delivery channel. During 2019, we consolidated five branch offices and reallocated a portion of those resources to opening two new banking centers. These new offices feature an innovative design concept that allows for integration of our myTeller® interactive teller machines and includes modern spaces for increased customer engagement. Reflecting changes in customer preference and traffic patterns, Trustmark consolidated 28 branch offices with limited growth potential and established 9 banking centers in attractive growth markets over the last five years. We embrace the opportunity to utilize new technologies to meet customer needs, expand product offerings and refine delivery channels that enhance the customer experience while reducing servicing costs. Strategic Focus Trustmark remains well-positioned to pursue opportunities for growth, navigate the changing competitive landscape and, most importantly, help our customers achieve financial success. We look to the future with great confidence and optimism. In 2020, we will continue our efforts to broaden customer relationships, enhance the delivery of our products and services and streamline processes to drive greater efficiency, all of which are designed to increase shareholder value. We remain committed to reinvest in and strengthen the communities we have the privilege to serve. We would like to thank our associates for their dedication and commitment, our shareholders who have invested in Trustmark and its future, and our customers who look to us as their financial partner. Trustmark is “People you trust. Advice that works.” Sincerely, R. Michael Summerford Chairman Trustmark Corporation Gerard R. Host President and Chief Executive Officer Trustmark Corporation 6 Leadership (L to R) - R. Michael Summerford, Chairman of the Boards of Directors of Trustmark Corporation and Trustmark National Bank, will retire at the 2020 Annual Shareholder’s Meeting. Duane A. Dewey serves as President and Chief Operating Officer of Trustmark National Bank, and Director on the Boards of Trustmark Corporation and Trustmark National Bank. Gerard R. (Jerry) Host will continue as Chief Executive Officer and will succeed Mr. Summerford upon his retirement as Chairman of the Boards. Richard H. Puckett will serve as Chairman of the Executive Committee and Lead Director of the Board of Trustmark Corporation following Mr. Summerford’s retirement. Leaving our Mark Leaving our mark in countless ways and helping others leave theirs, too Trustmark empowers customers, associates and communities by offering the resources and opportunities they need to leave their mark. We provide tools and technology that offer financial simplicity. Educational and training opportunities strengthen our fellow associates, while the time and support we give helps improve the places we call home. Investing in technology to make life more convenient for customers Whenever a customer moves into a new home, decides where to make vacation memories, or dreams of what college to save for, they make their mark in life. And we’re here with technology that makes it easy. As customer preferences have changed, so have Trustmark’s solutions. In 2019, we prioritized investments that enhance our digital technology to accommodate the evolving needs of today’s consumers. With the addition of more online and mobile banking features to our traditional service channels, we remain competitive and committed to our current and prospective customers. Growing enrollment in myTrustmark® online and mobile banking During 2019, seven out of ten new Trustmark customers enrolled in myTrustmark® when opening an account. Over 75% of users actively logged in with an average login rate of 19 sessions per month. Customers recognize the convenience of seamless access to their money, and satisfaction with our digital tools ranks high. J.D. Power & Associates® and Customer Service Profiles® received extremely positive customer feedback for myTrustmark®, with notable comments on our clean user interface, easy navigation and personalization options. We also continue to receive positive reviews from myTrustmark® mobile app users in the Apple App Store® and Google Play™ Store. Robust features such as Account Alerts, Bill Pay and External and Internal Transfers help fuel the growth of this dynamic financial product. We’ve also seen expanding use of ManageMyMoney, our digital financial personal management platform, along with Mobile Deposit and Live Chat. With these tools, we’re helping customers leave their mark through 24-hour account their access and by simplifying financial lives. Humanizing digital interactions with customers Trustmark’s myTeller® Interactive Teller Machine (ITM) offers customers a unique combination of personal service and digital access through interaction with a teller via live video from 7am to 7pm, Monday through Friday. By strategically placing ITMs across our traditional branch footprint, we’re expanding service hours and providing greater convenience for our customers. In 2019, we expanded our ITM channel to 14 machines in 7 locations across our footprint, with implementations planned over the next more 18 months. 8 myTrustmark® - With the addition of more online and mobile banking features to our traditional service channels, we’re staying competitive and committed to our current and prospective customers. Building Careers for our Associates Internship Program We’re continually looking for ways to better serve our customers, and as we invest to offer convenient digital solutions, we’re also committing resources to development opportunities for our associates. By investing in our associates, we are taking steps to ensure they are equipped with the knowledge and skills needed to achieve outstanding customer satisfaction, as well as career growth and advancement. “Throughout the program, I learned how the bank operates, met the people who make Trustmark the company it is, and found my niche. During many projects in my current role, I have reflected back to something I learned while on the program which has been beneficial to me and those around me.” - Rachael McInnis Through Internship our Corporate and (MDA) Management Development Associate Programs, we have the opportunity to recruit new talent for our company and position associates for future success. Our MDA Program allows participants to gain a basic knowledge and understanding of the various departments, services and products within Trustmark through a 6 to 12-month training program. In 2019, associates who completed the program launched successful careers in our Tailored Wealth, Commercial Banking and Commercial Real Estate departments. With assistance from our tuition reimbursement program, many associates throughout the company were able to earn an undergraduate or graduate degree this year. Through our investment in this program, we helped over 50 members of the Trustmark team leave their mark in the classroom and improve their skills in 2019. In the past four years, nearly 200 associates have participated in our tuition reimbursement program. Equally as important, our high retention rate indicates those associates remained with Trustmark to apply what they learned and help improve the financial lives of others. Ongoing training has always been important to our organization. Through both instructor-led and online classes, associates improved their skills in topics such as professional development and commercial credit to retail banking, among others. In 2019, 610 associate development classes were offered, and over 57,000 courses were completed. By developing our associates through training and educational opportunities, we are helping them make their mark, which is important for strengthening our team and providing continued success for our company. 10 Management Development Associate Program “The MDA Program exposed me to the world of banking beyond teller lines and lending offices and helped me develop relationships with individuals across the company. It gave me the opportunity to explore different career paths within the bank and allowed me to find a position in a new and exciting field that was unknown to me at the time.” - Lynn Lee Mentor Program “The mentor program helped me to improve my self-confidence, build better relationships, and gain knowledge from others. Most importantly, it enabled me to continue to develop a good career path and develop a strong network.” - Moin Imran Tuition Reimbursement and Career Coaching “Trustmark’s Tuition Reimbursement Program helped push me to reach my personal educational goals and opened career doors I never knew existed. My career coach gave me guidance and put me on the path to success.” - Tammy Ward Banking Schools “Trustmark is proactive about sending associates to banking schools, which provide opportunities to meet fellow bankers, discuss current trends and policies, and to gain a better understanding of how banks function.” - Mason Dixon 10 (L to R) - Rachael McInnis, Credit Trustmark Associates Administration Portfolio Manager. Tammy Ward, myTeller® Center Manager. Moin Imran, Information Technology Project Manager. Lynn Lee, Business Intelligence System Administrator. Mason Dixon, Commercial Relationship Manager. Leading by Example One additional way to invest in our customers and associates is to invest in the places we call home, our communities. At Trustmark, supporting our communities has been a tradition for over 130 years, and this year was no exception. As a true partner, we know that by supporting the organizations and people where we live, we are enhancing the lives of our customers, associates and neighbors. Our robust community engagement, volunteerism and philanthropy continue to improve lives. When we promote financial literacy among students, support charitable organizations, or help families learn financial life skills, we tangibly impact individuals in the communities we serve. Across our footprint, our associates step up and give back in countless ways. From Houston to Pensacola, Memphis to Mobile, we leave our mark and empower associates to leave theirs. Our associates are actively serving in the community, involved giving of their time and talent by leadership in positions on the boards of local organizations and volunteering on a regular basis. We encourage associate participation and provide paid time-off for company-sponsored volunteer activities. We have a far-reaching corporate influence, providing both financial and volunteer support that helps to drive our local and state economies and transform the lives of our customers. In 2019, Trustmark provided over $4 million in financial support and more than 21,000 volunteer hours to help our communities develop, grow and prosper. Through financial literacy and education, donation drives and assistance to low-income families, as well as numerous other initiatives, we are proud of the many impactful contributions we made. Trustmark associates stepped out of the office and into the classroom to interact one-on-one with students and teach the importance and fundamentals in of financial programs such as Teach Children to Save, a national literacy. Associates participated 12 program that helps K-8 students develop healthy savings habits; A Banker in Every Classroom, a program which brings together bankers and teachers at the local level to promote financial literacy for K-12 students; Pathways to Possibilities, an interactive expo for 8th and 9th graders that helps students plan their career path and understand the importance of setting goals; and the Trustmark Financial Scholars Program, which offers free online courses covering budgeting, saving for college, purchasing a home, and more. We know that leaving the office to participate in an organized volunteer project can be challenging with a full-time schedule. For this reason, we launched Make Your Mark, a collection of campaigns that offers Trustmark associates the opportunity to support their local communities throughout the year, while benefiting organizations in local markets across our footprint. By participating in this monthly campaign, associates were able to make their mark by collecting various items for community organizations eye glasses, books, personal hygiene products and more, which helped to further the mission of civic organizations, men’s and women’s shelters, and numerous non-profit organizations in our markets. Additionally, we distributed over 7,200 non- perishable items to 39 beneficiaries in 5 states through our associate-driven food collections. such as We are proud of our associates and the work they do inside and outside the office, and know that by serving our communities we are improving the lives of others. Through current projects and new opportunities, we will continue to encourage our associates to make their mark. Leaving our Mark for the Future When you combine the right people with modern technology, positive things happen—for our customers, ourselves and our communities. We look forward to building on our successes and finding sustainable ways to leave our mark in the future. From Houston to Pensacola, Memphis to Mobile, we help others leave their mark. 21,527 Associate Volunteer Hours $4.0 M Community Contributions 704 Community Organizations Served 347 Community Boards Served by Associates 9,357 Hours Served on Community Boards by Associates 8,944 Financial Literacy High School Students 101 Financial Literacy High School Partners $126 M Small Business Loans in Low-to-Moderate Income Areas $160 M Community Development Loans $254 M Mortgages to Low-to-Moderate Income Borrowers 12 Trustmark Corporation Financial Highlights ($ in thousands except per share data) Operating Results Net interest income Provision for loan losses Noninterest income Noninterest expense Net income Cash dividends on common stock Per Share Data Basic earnings per share Diluted earnings per share Dividends Book value Tangible book value Performance Ratios 2019 2018 2017 2016 2015 $ $ $ $ 426,589 10,839 187,045 429,002 150,460 59,804 2.33 2.32 0.92 25.87 19.84 $ $ 419,420 16,988 184,836 415,415 149,584 62,425 2.22 2.21 0.92 24.17 18.24 $ $ 407,550 7,699 184,663 430,169 105,630 62,795 1.56 1.56 0.92 23.20 17.35 9.39% 6.77% 0.77% $ 387,533 14,714 173,943 407,298 108,411 62,666 391,765 11,800 173,149 401,662 116,038 62,605 $ 1.60 1.60 0.92 22.48 16.76 1.72 1.71 0.92 21.80 15.98 9.99% 7.14% 0.84% 11.36% 7.94% 0.95% Return on average tangible equity Return on average equity Return on average assets 12.45% 9.28% 1.11% 12.86% 9.43% 1.11% Capital Ratios Total equity/total assets Tangible equity/tangible assets Tier 1 leverage ratio Tier 1 risk-based capital ratio Total risk-based capital ratio 12.30% 9.72% 10.48% 12.48% 13.25% 11.98% 9.31% 10.26% 12.33% 13.07% 11.39% 8.77% 9.67% 12.33% 13.10% 11.39% 8.74% 9.90% 12.76% 13.59% 11.62% 8.79% 10.03% 13.21% 14.07% Year-end Balance Sheet Data Securities Loans Total assets Total deposits Total borrowings Total shareholders’ equity $ 2,340,503 9,634,576 13,497,877 11,245,557 403,272 1,660,702 $ 2,721,456 9,096,599 13,286,460 11,364,411 192,212 1,591,453 $ 3,295,121 9,011,996 13,797,953 10,577,512 1,503,678 1,571,701 $ 3,515,325 8,299,387 13,352,333 10,056,012 1,622,500 1,520,208 $ 3,533,240 7,641,985 12,678,896 9,588,230 1,466,639 1,473,057 Non-GAAP Financial Measures (1) Net income Diluted earnings per share Return on average tangible equity Return on average equity Return on average assets $ n/a n/a n/a n/a n/a $ n/a n/a n/a n/a n/a 130,599 1.92 11.53% 8.37% 0.95% 115,280 1.70 10.60% 7.59% 0.89% n/a n/a n/a n/a n/a (1) Trustmark discloses certain non-GAAP financial measures, including net income adjusted for significant non-routine transactions as a measure of our core operating business, as these transactions are generally not operational in nature. Reconciliations of these non-GAAP measures to comparable measures calculated in accordance with generally accepted accounting principles can be found under Part II, Item 7 in Trustmark Corporation’s Annual Report on Form 10-K for the year ended December 31, 2019, filed with the SEC on February 20, 2020. (2) Noninterest income in 2019 reflects $11.5 million in net negative hedge ineffectiveness; see chart on page 17. 16 Loans Held for Investment (End of Period) Deposits (End of Period) $9,588 $10,056 $10,578 $11,364 $11,246 s n o i l l i m $ $7,091 $7,851 $8,570 $8,836 $9,336 s n o i l l i m $ 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 Total Revenue(2) Core Operating EPS(1) $564.9 $561.5 30.7% 31.0% $592.2 31.2% $604.3 30.6% $613.6 30.5% $1.71 $1.70 $1.92 $2.21 $2.32 s n o i l l i m $ 69.3% 69.0% 68.8% 69.4% 69.5% 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 Net Interest Income Noninterest Income Capital Ratios 14.07% 12.57% 13.59% 12.16% 13.10% 13.07% 11.77% 11.77% 13.25% 11.93% 8.79% 8.74% 8.77% 9.31% 9.72% 2015 2016 2017 2018 2019 Tangible Common Equity/Tangible Assets Common Equity Tier 1 Total Risk-Based Capital Total Return (12/31/2004 = $100) $200 $175 $150 $125 $100 $75 $50 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 TRMK KBW Regional Banking Index (KRX) 16 17 Source: Bloomberg L.P. A $100 investment in TRMK made in 2004 would be worth approximately $190 at December 31, 2019, compared to a value of $163 for an equal investment in the KRX made in 2004. Total return includes price appreciation and the reinvestment of dividends. Dividends are assumed to be reinvested at the closing price of the security on the ex-date of the dividend. (1) and (2) - see page 16 for footnotes. Trustmark Corporation and Trustmark National Bank Board of Directors Adolphus B. Baker Chairman and Chief Executive Officer Cal-Maine Foods, Inc. Duane A. Dewey President and Chief Operating Officer Trustmark National Bank William A. Brown President and Chief Executive Officer Brown Bottling Group, Inc. J. Clay Hays, Jr., M.D. Cardiologist, Partner and President Jackson Heart Clinic, PA James N. Compton Chief Executive Officer Cooperative Energy (Retired) Gerard R. Host President and Chief Executive Officer Trustmark Corporation Chief Executive Officer Trustmark National Bank Tracy T. Conerly Partner Emeritus Carr, Riggs & Ingram, LLC Harris V. Morrissette President China Doll Rice & Beans, Inc. Toni D. Cooley Chief Executive Officer Systems Electro Coating Richard H. Puckett Chairman and Chief Executive Officer Puckett Machinery Company R. Michael Summerford Chairman Trustmark Corporation and Trustmark National Bank Chief Operating Officer ChemFirst, Inc. (Former) Harry M. Walker President Mississippi Business and Community Relations Trustmark National Bank (Retired) LeRoy G. Walker, Jr. President LTM Enterprises, Inc. (Retired) William G. Yates III President and Chief Executive Officer W.G. Yates & Sons Construction Company 18 19 Corporate Information Trustmark Corporation Officers R. Michael Summerford Chairman Gerard R. Host President and Chief Executive Officer Louis E. Greer Treasurer and Principal Financial Officer Granville Tate, Jr. Secretary F. Joseph Rein, Jr. Assistant Secretary Annual Meeting Trustmark Corporation’s Annual Meeting of Shareholders will be held on Tuesday, April 28, 2020, at 1:00 p.m. Central Time at Trustmark’s Corporate Office located at 248 East Capitol Street, Jackson, Mississippi. Corporate Office 248 East Capitol Street Jackson, MS 39201 Telephone: 1-800-844-2000 trustmark.com Shareholder Services Financial Information Trustmark’s shareholder services are provided by American Stock Transfer and Trust Company, AST will assist with registration LLC (AST). status, dividend payments, dividend reinvestment, stock purchase and sale, change of address, lost certificates, transfer of ownership and other inquiries or requests. For additional information, call (877) 476-4393 or email help@astfinancial.com or visit astfinancial.com or write: Trustmark Corporation c/o American Stock Transfer & Trust Company, LLC 6201 15th Avenue Brooklyn, NY 11219 Copies of Trustmark Corporation financial reports, including the Annual Report on Form 10-K, are available without charge at trustmark.com or upon request by calling our Investor Relations Department at (601) 208-6898 or by writing: Trustmark Corporation Attn: Investor Relations 248 East Capitol Street Jackson, MS 39201 Common Stock Trustmark’s common stock is listed on the NASDAQ Global Select Market and is traded under the symbol TRMK. 19 Trustmark National Bank Executive Management Gerard R. Host Chief Executive Officer Louis E. Greer Executive Vice President and Chief Financial Officer Duane A. Dewey President and Chief Operating Officer Robert B. Harvey Executive Vice President and Chief Credit Officer Monica A. Day President – Institutional Banking David C. Kennedy Executive Vice President and Chief Information Officer W. Arthur Stevens President – Retail Banking James M. Outlaw, Jr. Executive Vice President and Chief Administrative Officer Breck W. Tyler President – Mortgage Services Thomas C. Owens Executive Vice President and Bank Treasurer C. Scott Woods President – Insurance and Wealth Management Granville Tate, Jr. Executive Vice President, Chief Risk Officer, General Counsel and Secretary 20 Trustmark National Bank Regional and Market Executives Regional Presidents Region William S. Bridges Michael D. Fitzhugh Aubrey E. Henson, Jr. W. Mark Lewis Linwood O. McClain John D. Sumrall John M. Wise Market Presidents Alabama Dave Crenshaw, Greenville David C. Darby, Montevallo Paul J. England, Monroeville Steven D. Erickson, Homewood Tommy B. Faust, Jr., Mobile/Baldwin County Deborah C. Hardee, Brewton Robert F. Harwell, Jr., Huntsville/Athens James B. Hurst, Opelika William V. Lewis, Tuscaloosa Charles R. Schaeffer, Eufaula R. Wade Seamon, Prattville James A. Stewart, Centreville/Selma Loyd Todd Tally, Demopolis Florida Richard T. Johnson, Pensacola Stephen J. Holt, Bay County Jonathan E. Ochs, Okaloosa and Walton Counties Mississippi J. Gregory Bennett, Laurel Bernard Bridges, Jackson Eric C. Brown, Mississippi Gulf Coast John O. Cooper, Columbia Michael E. Crandall, Canton James B. Daly, Madison County Houston, Texas South Alabama/Mississippi Gulf Coast Memphis/North Mississippi Central Mississippi Central Alabama Florida Jackson, Mississippi - Metropolitan Mississippi (continued) Jason A. Douglas, McComb Stanley L. Foster, Brookhaven Brandon S. Hubbard, Hattiesburg Thomas Kendall, Meridian Charlie Scott King, Tylertown Leonard R. (Ryan) Lee, Vicksburg Joe B. Madden, Hazlehurst Victor L. Marlar, Corinth Matthew R. McCraw, Oxford R. Andrew McGahey, Greenville Charles R. Russell, Tupelo Darrell W. Temple, Magee Larry A. Waggoner, Carthage Hugh W. Warren IV, Greenwood Hal B. Williams, Rankin County Bart C. Wise, Columbus Tennessee Mary L. Barden, Memphis John David Douglas, Fayette County Texas Leonard P. Hein, Southeast Houston Christine Petrilla, North Houston Travis H. Van Horn, Southwest Houston 20 21 Trustmark National Bank Community Market Advisory Directors In each of our markets, our advisory directors help us understand the unique needs and challenges of our customers and communities. They are business owners, educators, professionals and civic leaders who take on the challenges of their organizations and communities every day. Alabama Brewton H. C. “Harry” Cecil Program Specialist Alabama Technology Network Broox G. Garrett Attorney Thompson, Garrett & Hines, L.L.P. Chris B. Griffin Administrator D.W. McMillan Memorial Hospital Deborah C. Hardee President Trustmark National Bank Mark Manning Administrator West Gate Village Nursing Home Cosby Martin Owner Marco Land & Petroleum, Inc. Thomas E. McMillan, Jr. Managing Member Longleaf Energy Group, Inc. McGowin Miller President Miller Relocation Services, LLC Steve Nelson Banker (Retired) Stephanie Walker Preschool Director St. Stephen’s Episcopal Church Centreville Loyd Todd Tally President Trustmark National Bank Deltonya Warren Assistant Superintendent Eufaula City Schools Mem Stewart Webb Owner Webb Realty, Inc. Doug Winkleblack Southern Regional Manager Alabama Interforest Corp John Downs Business Office Manager Alabama Power Company Steve Edmonds President Windwood Management Group Stephanie Kemmer Probate Judge Bibb County Debbie Martin Funeral Director/Office Administrator Rockco Funeral Home J.W. Oakley Recruiting Coordinator School of Communications University of Alabama James A. Stewart President Trustmark National Bank Demopolis Gary B. Butler President Butler & Company, Inc. Johnnie Anderson Shows II Owner Jaber, Inc. Thomas Alvin Williams Partner Morgan’s Ice Dan E. Wilson Owner Colony Office Products, Inc. Eufaula Robert M. Dixon, Jr. Chief Executive Officer M.C. Dixon Lumber Company, Inc. Mo Erkins Military (Retired) Mary Foy Kirkland President Young Johnston & Associates, Inc. Charles R. Schaeffer President Trustmark National Bank Joel Smith, Jr. Attorney Williams, Potthoff, Williams & Smith, L.L.C. Robert L. Taylor Owner Bobby Taylor Enterprises, Inc. Greenville Barry E. Boan President Boan Contracting Co., Inc. Ken Chesser Owner KC Land & Cattle Company Dave Crenshaw President Trustmark National Bank P. Richard Hartley Partner Hartley & Hickman, P.C. Attorneys at Law John H. McGowin Owner/President McGowin Logging Co., Inc. Dexter McLendon Mayor City of Greenville Allin Whittle Butler County Commissioner Warren J. Williamson Attorney Williamson & Williamson, LLC (Retired) 22 Huntsville John R. Baggette, Jr. Attorney and Shareholder Sirote & Permutt, P.C. David A. Dye Chairman and Chief Growth Officer Computer Programs and Systems, Inc. (CPSI) Michael R. Hockman Senior Vice President Trustmark National Bank Thomas Gross Chief Financial Officer C-Sharpe Co., LLC Pete Black Executive Pulp & Paper (Retired) Haniel Croft President BankTrust (Retired) David A. Hunt Administrator/Owner Limestone Health Facility, Inc. Robert F. Harwell, Jr. President Trustmark National Bank Babu R. Kahani Manager Tennessee Valley OB/GYN Clinic, P.C. James E. McClary President and Owner McClary Tire Company Timothy A. Smalley CPA Byrd, Smalley & Adams P.C. Robert E. Thurber Investor Michael E. Underwood CEO TriGreen Equipment LLC Mobile/Baldwin County Sumner G. Adams Vice President Cash Management/Finance Norton Lilly International, Inc. H. Ray Hix, Jr. Partner/Manager Hix Snedeker Companies, LLC Paul J. England President Trustmark National Bank John E. Estes, Jr. Vice President J. E. Estes Wood Company, Inc. Sloan Fountain Vice President/Manager Vanity Fair Mills, Inc. (Retired) Ed Lee, DMD Dentist (Retired) John T. Lee President Pilots for Christ, Inc. Alex Roberts Photographer Alex Roberts Photography (Retired) Sandy Smith Mayor City of Monroeville Clifton C. Inge, Jr. Chief Executive Officer IPC Industries, Inc. Harris V. Morrissette President China Doll Rice & Beans, Inc. Alfred M. Newmann, Jr., MD Physician Premier Medical ENT West Henry F. O’Connor III Attorney Jones Walker LLP E. Luckett Robinson II Vice President - Finance Overseas Hardwoods Company, Inc. (OHC) David Sutley President - Baldwin County Trustmark National Bank (Retired) Dr. Reginald L. Sykes President – Bishop State Community College Monroeville Leroy Lucas, Jr. Owner Lelco, Inc. Montgomery Kimberly Baker Director of Development Valiant Cross Academy Darby “Heather” Coleman Davis Owner Heather Davis & Associates, LLC George Traweek Dickson President and CEO Joe Hudson’s Collision Center Keary L. Foster President /CEO Wealth Management Partners, LLC Phyllis Ingram Partner/Shareholder Carr, Riggs & Ingram, LLC Leonard N. Math Partner/Shareholder Chambless, Math & Carr, PC Attorneys at Law Steven L. Reed Mayor City of Montgomery Prattville Tommy B. Faust, Jr. President – Mobile/Baldwin County Trustmark National Bank John J. Ayres III President Ayres Forestry, Inc. Frank McKinley Bell III President Marine Rigging, Inc. Jacob L. Cunningham Owner/Manager Cunningham Delaney Construction, LLC John B. Barnett III Attorney Barnett, Bugg, Lee & Carter, LLC Trustmark National Bank (Retired) Montevallo David C. Darby President Trustmark National Bank Philip C. Hubbard Veterinarian Countryside Animal Hospital Karen Kelly Director of Compensation & Benefits U.S. Pipe and Foundry Company (Retired) John Boutwell Owner Boutwell Farms J.N. Buckner Partner Buckner and Cook, LLC Keith Gamble Owner FirstGuard, LLC David McDowell Partner McDowell, Faulk and Shirley, LLC 22 23 R. Wade Seamon President Trustmark National Bank James B. Hurst President Trustmark National Bank Jay N. Trumbull Owner Culligan Water Solutions Selma Tommy Atchison Attorney Atchison Injury Attorneys, LLC Denson Henry Vice President Henry Brick Co. S. Kirk Johnson Owner Oxford Manufacturing, LLC Edward T. Livingston Regional President Trustmark National Bank (Retired) Johnny Moss III Director of Marketing & College Relations Wallace Community College - Selma James A. Stewart President Trustmark National Bank William P. Swift III Owner Swift Drug Co. Abigail Tucker, DMD Owner/Dentist Tucker Family Dentistry Ira M. Wagoner Accountant Edwards and Wilkinson, PC Tallassee Cecil Mack Daugherty Elmore County Commissioner District 2 Chief of Security Russell Lands (Retired) Gary Fuller Owner Fuller Warehouse & Gin, Inc. Charles Frank Keith Owner Johnson Furniture David Lawrence Owner Tallassee Super Foods, Inc. Hollis Mann Store Manager Tallassee Super Foods, Inc. Pensacola David Morris Bear Vice President The Lewis Bear Company Ashton James Hayward III President Andrews Research & Education Foundation of the Andrews Institute Jennie Rhinehart Chief Executive Officer Community Hospital, Inc. Richard T. Johnson President Trustmark National Bank Allison Hill President/CEO Lakeview Center Senior Vice President Baptist Health Care Delories Richerson Banker (Retired) Mississippi Brookhaven Robert O. Allen Partner Allen, Allen, Breeland & Allen, PLLC Cecil Estess Corporate Officer Dickerson & Bowen Robin Tyler Faust, CFSP Funeral Director Tyler Funeral Home, Inc. Stanley L. Foster President Trustmark National Bank Florida Emerald Coast Angus G. Andrews, Jr. Real Estate Investor/ Developer Tracy T. Conerly Partner Emeritus Carr, Riggs & Ingram, LLC Gerald R. Dunkle President Sundial Developers, Inc. Robert C. McLendon Executive Vice President Fisher Brown Bottrell Insurance, Inc. James (Jay) R. Moody IV CPA/Member Warren Averett, LLC Floyd Skinner President Skinner Tax Consulting, Inc. David Spencer President Glass Center, Inc. John D. Sumrall Regional President Florida Trustmark National Bank 24 Arlustra Henderson, Jr. Chief of Police City of Brookhaven (Retired) J. Spencer Mooney, MD Physician/Owner Quail Ridge Enterprises, Inc. J. Kim Sessums, MD Physician Brookhaven OB-GYN Associates Charlie Lee Smith Chief Executive Officer Southern Diversified Technologies, Inc. A. Lavelle Sullivan Co-Owner Sullivan Ford-Lincoln Carthage Carl Blocker Sales Greco Electrical Contractor Lee Carson President N.L. Carson Construction, Inc. Susan Triplett Administrator Northeast Region Sta-Home Health Larry A. Waggoner President Trustmark National Bank Jason Wilcox President/Owner Wilcox Funeral Home Steve Wilkerson Owner Steve’s on the Square Columbus Kenneth W. Goza Program Coordinator Copiah Lincoln Community College Mark G. Alexander Chairman Dynahealth, Inc. William Key Blair, Jr. Vice President Columbus Marble Works Steven R. Millwood President Mississippi Marine Corporation Mark Castleberry President Castle Properties W. R. Phillips IV Vice President Phillips Contracting Company, Inc. Bart C. Wise President Trustmark National Bank Corinth Victor L. Marlar President Trustmark National Bank William J. Napier III President Corinth Mill Supply Ricky R. Stockton Hotel Manager S.S.S.S. &P., Inc. Kenneth W. Williams President Corinth Coca-Cola Bottling Works Refreshments, Inc. Greenville Paul D. Dees Partner Greenland Planting Company Stephen R. Jernigan Owner River City Rehabilitation R. Andrew McGahey President Trustmark National Bank Harley Metcalfe III Investor (Retired) Greenwood H. Don Brock, Jr. Partner Whittington Brock & Swayze Alexander John Malouf III Co-Owner The John Richard Collection, Inc. R.A. Norris President S&N Airflow, Inc. Hugh W. Warren IV President Trustmark National Bank Robert L. Upchurch President Upchurch Plumbing, Inc. Hattiesburg Hugh Bolton Executive Vice President Trustmark National Bank (Retired) Jeff C. Bowman Senior Vice President/ Chief Administrative Officer Cooperative Energy Thomas M. Duff Managing Partner Southern Tire Mart, LLC John M. Fitzpatrick III, MD President and Physician Hattiesburg Clinic, PA Brandon S. Hubbard President Trustmark National Bank Linda Kuykendall Vice President Commercial Business Interiors, Inc. W. A. Payne III Chief Executive Officer The Payne Companies Victor Jones, Jr. Salesman Mississippi Ag Company Robert O. Tatum, Jr. Principal/Owner CR Properties, LLC Robert R. Vardaman Owner and President Vardaman Buick-Honda, Inc. Hazlehurst Rhes V. Low, Sr. Investor Low Company, LLC Richard L. Yoder, Jr. Attorney Gilchrist Sumrall Yoder & Boone, PLLC Olen C. Bryant, Jr. Attorney Bryant & Rutland, PLLC Joe B. Madden President Trustmark National Bank Fred J. McDonnell, MD Physician Copiah Medical Associates John C. Pyron Co-Owner Copiah Forest Products, Inc. Copiah Lumber Company, Inc. A. Wendell Stringer President Stringer Family Funeral Services Laurel J. Gregory Bennett President Trustmark National Bank Louis S. Crumbley President Crumbley Paper & Food Service Co., Inc. Linda R. Gavin Associate Executive Director of Marketing South Central Regional Medical Center Jerome Harless President Flarestack, Inc. (Retired) Magee Julie Polk Breazeale Chief Executive Officer Polk’s Meat Products, Inc. Jacqueline P. Gordy Secretary-Treasurer Pace Oil Company Charles Pruitt III, MD Physician Magee Medical and Surgical Clinic, PLLC James H. Stuard, DMD Dental Group of Magee Darrell W. Temple President Trustmark National Bank James Price Wallace Owner and Manager River Birch Farm McComb Pat H. Brumfield, Jr. President Brumfield Oil Company, Inc. Brad Clark President Clark Construction Co., Inc. of Mississippi David B. Craddock President Craddock Oil Company Jason A. Douglas President Trustmark National Bank 24 25 C.D. Smith, Jr. Regional Manager AT&T Mississippi I. Conrad Mord II Attorney Mord Law Firm Tennessee Fayette County Charles E. Dacus, Jr. Farmer Dacus Farms John David Douglas President Trustmark National Bank Paul S. Harris General Manager Chickasaw Electric (Retired) Aubrey E. Henson, Jr. Regional President Memphis/North Mississippi Trustmark National Bank John S. Wilder, Jr. Treasurer and General Manager Long Town Gin & Supply John Dale Dumas, DMD John Dale Dumas PA Michael Faust, CPA President Faust & Associates CPAs, PA Craig Haskins President Craig Haskins & Associates, Inc. Eric S. Lewis, MD Surgeon Southwest Mississippi Oral & Maxillofacial Surgery, Inc. J. Andrew Watson, D.O. President and Medical Director STATCare Medical Clinics Meridian Tupelo Jay Allen, Ph.D. President Itawamba Community College V.M. Cleveland President Tupelo Furniture Market J. Keith Speed, DO Doctor of Osteopathy William Carey University Vicksburg Ronald L. Andrews, Sr. President Vicksburg Insurance Agency, Inc. Johnny L. Crane II President F.L. Crane & Sons, Inc. Robert R. Bailess Partner Bailess & Rector, LLP Carlyle S. Harris, Jr. General Partner Harris Holdings LP W. Briggs Hopson III Partner Teller, Hassell & Hopson, LLP Cole Cardwell Vice President/ General Manager Structural Steel Services, Inc. D. Colin Maloney President Century Construction Group, Inc. Tommy E. Dulaney President and Chief Executive Officer Structural Steel Services, Inc. Billy W. Estes President Trustmark National Bank (Retired) Thomas Kendall President Trustmark National Bank Larkin Kennedy President and CEO Rush Health Systems Adam Mitchell Chief Executive Officer Mitchell Distributing Company Charles R. Russell President Trustmark National Bank David S. Talton, MD President Cardiothoracic Surgery Clinic of North Mississippi Tylertown Timothy O. Jones Assistant District Attorney 14th Judicial District Steven L. Kennedy Owner Tylertown Sports Center Charlie Scott King President Trustmark National Bank John M. Mitchell, Jr. Owner The Mitchell Companies Rob Loper, DVM Veterinarian Tylertown Animal Hospital Donald Jarratt Managing Partner Jarratt Properties, LLC Leonard R. (Ryan) Lee President Trustmark National Bank Samuel L. Pierce, MD Partner Medical Associates of Vicksburg PLLC James O. Smith III President Big River Shipbuilders, Inc. Patrick R. Smith President Yazoo River Towing, Inc. President Vicksburg Plant Food, Inc. Howard C. (Charles) Waring, Jr. Sales Manager Waring Oil Company, LLC 26 26
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