Trustmark National Bank, Financial Information

AboutTrustmark National Bank

 Address:
248 East Capitol Street
Jackson,MS
Hinds County,Mississippi
 Established:
Dec 1889
 Number of domestic offices:
205
Total assets$16,550M
Net income$163M
Net income,quarterly$52M
Total deposits$14,207M
Domestic deposits$14,207M
Equity capital$1,767M
ROA1.08%
ROAQ,quarterly1.3%
ROA,pretax1.3%
ROAQ,quarterly,pretax1.6%
ROE9.43%
ROEQ,quarterly11.87%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Trustmark is a diversified regional financial services company headquartered in Jackson, Mississippi, with more than 200 locations across the Southeast, including Florida, Mississippi, Tennessee and Texas. Trustmark provides banking, wealth management and insurance solutions through its subsidiaries, including Trustmark National Bank, Trustmark Investment Advisors, Inc. and Fisher Brown Bottrell Insurance, Inc.

Trustmark was founded on November 14, 1889, when the State of Mississippi chartered The Jackson Bank. In 1914, The Jackson Bank converted to a national bank and became The Jackson National Bank; within the same year the bank changed its name to Jackson-State National Bank. This name remained until 1949 when Jackson-State National Bank and the Capital National Bank consolidated and formed First National Bank of Jackson. In 1968, the bank’s holding company, First Capital Corporation, was organized. On September 4, 1985, First National Bank of Jackson took on a distinctive new identity as Trustmark National Bank and achieved a statewide presence. The Trustmark family has grown to include not only Trustmark National Bank but also Fisher Brown Bottrell Insurance, Inc. Trustmark first established its presence outside of Mississippi in the Memphis, Tennessee area with the merger of Peoples’ Bank in 2001 and Nashoba Bank in 2002.

In 2003, Trustmark entered the State of Florida with the acquisition of Emerald Coast Bank, expanding its presence into the Florida Panhandle with six branches in Destin and Panama City. Trustmark extended its territory into Houston, Texas with the acquisition of Allied Houston Bank in 2004 and Republic National Bank in 2006. Trustmark acquired Heritage Bank in Carthage, Mississippi, extending its footprint further into Central Mississippi in 2011. In 2012, Trustmark completed a merger with Bay Bank &Trust in Panama City, Florida. This merger provided Trustmark with seven additional locations in the Florida Panhandle. In 2013, Trustmark extended its footprint into the State of Alabama with forty bank locations, including markets such as Selma, Montgomery and Mobile, through the acquisition of BankTrust. The merger with BankTrust also added an additional nine Trustmark locations in the Florida Panhandle.

Trustmark Investment Advisors, Inc. and Fisher Brown Bottrell Insurance, Inc. With locations in Alabama, Florida, Mississippi, Tennessee and Texas, Trustmark have over 3,100 associates working to achieve outstanding customer satisfaction by understanding our customers businesses and needs and providing appropriate financial solutions.