Trustmark National Bank

248 East Capitol Street
Jackson, MS 39201

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 4988
Date Established 1889
Assets $13.52 billion
Loans $8.96 billion
Deposits $11.09 billion
Capital $1.63 billion

Trustmark National Bank is an FDIC insured institution located in Jackson, MS. It was founded in 1889 and has approximately $13.52 billion in assets. Customers can open an account at one of its 230 branches.

For a more detailed analysis of Trustmark National Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Trustmark National Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Mississippi, Trustmark National Bank has a significantly higher percent of Credit Card Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 22.04
Multifamily
Mortgages
3.68
Credit Card Loans 0.40
Consumer Auto Loans 0.58
Small Business Loans 4.88
Construction and Development Loans 11.72
Commercial Real Estate 26.86
Commercial and Industrial Loans 17.78
Farm Loans 0.35

Deposit Rates - October 18, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $1,000 - Learn MoreShow Less
Premium Money Market Account
0.05% $5,000 $24,999 Learn MoreShow Less
Premium Money Market Account
0.10% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.10% $1,000 - Learn MoreShow Less
6 Mo CD
0.10% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.15% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 - Learn MoreShow Less
Checking Rates APY MIN FEE
Smart Choice Plus Banking 0.10% $0 $7.00 Learn MoreShow Less
Smart Choice Banking 0.00% $1,000 $7.00 Learn MoreShow Less
Relationship Banking 0.10% $25,000 $20.00 Learn MoreShow Less

Loan Rates - October 18, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Trustmark National Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.625% 5.625% 0.00 $0 $1,440 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

Note to Trustmark National Bank
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Branches

Trustmark National Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Trustmark National Bank Locations

Financial Details

Trustmark National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Trustmark National Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Trustmark National Bank U.S. Bank Average
8.09% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, Trustmark National Bank had $99,112,000 in non-current loans and $39,667,000 in owned real estate. To cover these potential losses it had $1,628,549,000 in equity and $86,612,000 in loans loss reserves. That gives it a Texas Ratio of 8.09%.

Return on Equity
Trustmark National Bank U.S. Bank Average
9.64% 9.77%

Trustmark National Bank has a Return on Equity of 9.64% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Trustmark National Bank U.S. Bank Average
12.04% 12.31%

Trustmark National Bank has a Capitalization of 12.04% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Trustmark National Bank Balance Sheet Analysis

As of June 30, 2018, Trustmark National Bank had assets of $13,521,865,000, loans of $8,961,695,000, and deposits of $11,088,249,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.39 billion
Interest-bearing balances $0.12 billion
Total securities $2.96 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $8.96 billion
Loan loss allowance $0.09 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.04 billion
Goodwill and other intangibles $0.49 billion
All other assets $0.50 billion
     Total Assets $11.89 billion
LIABILITIES
Total deposits $11.09 billion
      Interest-bearing deposits $8.13 billion
      Deposits held in domestic offices $11.09 billion
      % insured (estimated) 63.24%
Federal funds purchased and repurchase agreements $0.48 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.19 billion
Subordinated debt $0.00 billion
All other liabilities $0.14 billion
      Total Liabilities $11.89 billion
      Shareholders’ Equity $1.63 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.24 billion
Total Interest Expense $0.03 billion
Net interest income $0.21 billion
Provision for loan and lease losses $0.01 billion
Total non interest income $0.09 billion
Total non interest expense $0.20 billion
Pre-tax Net Operating Income $0.09 billion

Frequently Asked Questions About Trustmark National Bank

Branches and Savings

Is Trustmark National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #4988.

Why does Trustmark National Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Trustmark National Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Trustmark National Bank a commercial bank?

Yes

Where are Trustmark National Bank locations?

See branch locations nearby.

Is Trustmark National Bank open on Saturdays?

Is Trustmark National Bank open on Sundays?

What time does Trustmark National Bank open?

What time does Trustmark National Bank close?

Are Trustmark National Bank ATMs Open 24/7?

Do Trustmark National Bank ATMs accept cash deposits?

Can Trustmark National Bank customers use other ATMs?

Do Trustmark National Bank branches have notaries?

Will Trustmark National Bank notarize my document?

What address for Trustmark National Bank should I put for incoming ACH transfers?

Will the Trustmark National Bank branch print checks?

Do Trustmark National Bank checks expire?

Does Trustmark National Bank require US citizenship to open account?

Can Trustmark National Bank close my account?

Does Trustmark National Bank Report to credit bureaus?

Does Trustmark National Bank Use Equifax?

What is Trustmark National Bank's ACH Routing Number?

What is Trustmark National Bank's SWIFT code?

Products

Does Trustmark National Bank offer mortgages?

Compare mortgage rates here.

Does Trustmark National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Trustmark National Bank offer personal loans?

Compare personal loan rates here.

Does Trustmark National Bank offer student loans?

Will Trustmark National Bank cash a check?

Will Trustmark National Bank redeem a savings bond?

Does Trustmark National Bank cash savings bonds?

Will Trustmark National Bank cash money orders?

Can Trustmark National Bank issue a money order?

Does Trustmark National Bank do currency exchange?

Background on The Bank

Who owns Trustmark National Bank?

How long has Trustmark National Bank been around?

Can Trustmark National Bank transfer to other banks?

Does Trustmark National Bank have quick pay?

Does Trustmark National Bank accept rolled coins?

Will Trustmark National Bank accept loose change?

Where is Trustmark National Bank headquarters?

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