Trustmark National Bank

Headquarters

248 E Capitol St
Jackson, MS 39201
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 4.01% →
1-Year CD N.A. 4.50% →
2-Year CD N.A. 4.73% →
5-Year CD N.A. 4.75% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 1.93% →

2022 Overview

General Bank Information

Trustmark National Bank is an FDIC insured institution located in Jackson, MS. It was founded in 1889 and has approximately $16.95 billion in assets. Customers can open an account at one of its 230 branches.

FDIC Insured Yes
FDIC Certificate # 4988
Date Established 1889
Assets $ 16.95 billion
Loans $ 11.04 billion
Deposits $ 14.85 billion
Capital $ 1,695.16 million
 

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.

Deposit Rates - December 1, 2022

Your Current Location: Virginia, VA 20146

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 - December 1, 2022

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 2022

Lender APR Rate (%) Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
7.400% 7.250%
1.00 points
$3,750 fees
$1,706 Learn More
First Internet Bank
NMLS ID: 424182
6.200% 6.125%
0.75 points
$1,998 fees
$1,520 Learn More
Rocket Mortgage
NMLS ID: 3030
7.138% 6.990%
1.00 points
$3,750 fees
$1,662 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 6.490 %
After Intro: 7.500 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
6.240 %
$0 Learn More
More Info

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



Climate Initiatives

Trustmark National Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

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
6.54% 4.06%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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, 2022, Trustmark National Bank had $114,562,000 in non-current loans and $3,034,000 in owned real estate. To cover these potential losses it had $1,695,158,000 in equity and $103,140,000 in loans loss reserves. That gives it a Texas Ratio of 6.54%.

Return on Equity
Trustmark National Bank U.S. Bank Average
7.56% 9.98%

Trustmark National Bank has a Return on Equity of 7.56% versus the BestCashCow average of 9.98%. 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
10% 10.23%

Trustmark National Bank has a Capitalization of 10% versus the BestCashCow average of 10.23. 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, 2022, Trustmark National Bank had assets of $16,949,123,000, loans of $11,044,435,000, and deposits of $14,845,323,000. 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, 2022
ASSETS
Cash & Balances due from depository institutions $ 742.46 million
Interest-bearing balances $ 479.01 million
Total securities $ 3.78 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 11.04 billion
Loan loss allowance $ 103.14 million
Trading account assets $ 3.97 million
Bank premises and fixed assets N.A.
Other real estate owned $ 3.03 million
Goodwill and other intangibles $ 509.52 million
All other assets $ 655.68 million
     Total Assets $ 15.25 billion
LIABILITIES
Total deposits $ 14.85 billion
      Interest-bearing deposits $ 10.33 billion
      Deposits held in domestic offices $ 14.85 billion
      % insured (estimated) 58.45%
Federal funds purchased and repurchase agreements $ 70.16 million
Trading liabilities $ 28.37 million
Other borrowed funds $ 72.55 million
Subordinated debt N.A.
All other liabilities $ 237.57 million
      Total Liabilities $ 15.25 billion
      Shareholders’ Equity $ 1,695.16 million

Summary Income Statement

June 30, 2022
INCOME AND EXPENSES
Total Interest Income $ 220.88 million
Total Interest Expense $ 5.79 million
Net interest income $ 215.09 million
Provision for loan and lease losses N.A.
Total non interest income $ 106.80 million
Total non interest expense $ 243.71 million
Pre-tax Net Operating Income $ 79.00 million

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 Multifamily Mortgages 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 23.68
Multifamily
Mortgages
4.37
Credit Card Loans 0.29
Consumer Auto Loans 0.29
Small Business Loans 3.27
Construction and Development Loans 13.04
Commercial Real Estate 28.78
Commercial and Industrial Loans 14.16
Farm Loans 0.29

Customer Reviews for Trustmark National Bank


  • November 4, 2020 |

    Transfer cds to checking. Trustmark Madison ok, Not, 6 figures deposit lost for 6 days they say due to scanner error. Then when we go to branch office mgr. all huffy tht error upset because of their mistake! Checks almost bounced, lots of $ in limbo, thank goodness we had deposit receipts. Cannot recommend Trustmark Bank. They have good people but mgr. attude was insulting. Bet she'd be raising heck if it were her money.-

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