XML 110 R45.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Revenue from Contracts with Customers (Tables)
12 Months Ended
Dec. 31, 2019
Revenue From Contract With Customer [Abstract]  
Summary of Noninterest Income Disaggregated by Reportable Operating Segment and Revenue Stream

The following table presents noninterest income disaggregated by reportable operating segment and revenue stream for the periods presented ($ in thousands):

 

 

 

Year Ended December 31, 2019

 

 

Year Ended December 31, 2018 (1)

 

 

Year Ended December 31, 2017 (1)(2)

 

 

 

Topic 606

 

 

Not Topic

606 (3)

 

 

Total

 

 

Topic 606

 

 

Not Topic

606 (3)

 

 

Total

 

 

Topic 606

 

 

Not Topic

606 (3)

 

 

Total

 

General Banking Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on deposit

   accounts

 

$

42,509

 

 

$

 

 

$

42,509

 

 

$

43,614

 

 

$

 

 

$

43,614

 

 

$

43,928

 

 

$

 

 

$

43,928

 

Bank card and other fees

 

 

27,972

 

 

 

3,706

 

 

 

31,678

 

 

 

26,904

 

 

 

1,897

 

 

 

28,801

 

 

 

27,958

 

 

 

250

 

 

 

28,208

 

Mortgage banking, net

 

 

 

 

 

29,822

 

 

 

29,822

 

 

 

 

 

 

34,674

 

 

 

34,674

 

 

 

 

 

 

29,902

 

 

 

29,902

 

Wealth management

 

 

379

 

 

 

 

 

 

379

 

 

 

296

 

 

 

 

 

 

296

 

 

 

210

 

 

 

 

 

 

210

 

Other, net

 

 

9,527

 

 

 

(160

)

 

 

9,367

 

 

 

6,762

 

 

 

(217

)

 

 

6,545

 

 

 

6,547

 

 

 

7,234

 

 

 

13,781

 

Security gains (losses), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15

 

 

 

15

 

Total noninterest income

 

$

80,387

 

 

$

33,368

 

 

$

113,755

 

 

$

77,576

 

 

$

36,354

 

 

$

113,930

 

 

$

78,643

 

 

$

37,401

 

 

$

116,044

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wealth Management Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on deposit

   accounts

 

$

94

 

 

$

 

 

$

94

 

 

$

88

 

 

$

 

 

$

88

 

 

$

75

 

 

$

 

 

$

75

 

Bank card and other fees

 

 

58

 

 

 

 

 

 

58

 

 

 

104

 

 

 

 

 

 

104

 

 

 

78

 

 

 

 

 

 

78

 

Wealth management

 

 

30,300

 

 

 

 

 

 

30,300

 

 

 

30,042

 

 

 

 

 

 

30,042

 

 

 

30,130

 

 

 

 

 

 

30,130

 

Other, net

 

 

306

 

 

 

103

 

 

 

409

 

 

 

69

 

 

 

117

 

 

 

186

 

 

 

20

 

 

 

118

 

 

 

138

 

Total noninterest income

 

$

30,758

 

 

$

103

 

 

$

30,861

 

 

$

30,303

 

 

$

117

 

 

$

30,420

 

 

$

30,303

 

 

$

118

 

 

$

30,421

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance commissions

 

$

42,396

 

 

$

 

 

$

42,396

 

 

$

40,481

 

 

$

 

 

$

40,481

 

 

$

38,168

 

 

$

 

 

$

38,168

 

Other, net

 

 

33

 

 

 

 

 

 

33

 

 

 

5

 

 

 

 

 

 

5

 

 

 

30

 

 

 

 

 

 

30

 

Total noninterest income

 

$

42,429

 

 

$

 

 

$

42,429

 

 

$

40,486

 

 

$

 

 

$

40,486

 

 

$

38,198

 

 

$

 

 

$

38,198

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service charges on deposit

   accounts

 

$

42,603

 

 

$

 

 

$

42,603

 

 

$

43,702

 

 

$

 

 

$

43,702

 

 

$

44,003

 

 

$

 

 

$

44,003

 

Bank card and other fees

 

 

28,030

 

 

 

3,706

 

 

 

31,736

 

 

 

27,008

 

 

 

1,897

 

 

 

28,905

 

 

 

28,036

 

 

 

250

 

 

 

28,286

 

Mortgage banking, net

 

 

 

 

 

29,822

 

 

 

29,822

 

 

 

 

 

 

34,674

 

 

 

34,674

 

 

 

 

 

 

29,902

 

 

 

29,902

 

Insurance commissions

 

 

42,396

 

 

 

 

 

 

42,396

 

 

 

40,481

 

 

 

 

 

 

40,481

 

 

 

38,168

 

 

 

 

 

 

38,168

 

Wealth management

 

 

30,679

 

 

 

 

 

 

30,679

 

 

 

30,338

 

 

 

 

 

 

30,338

 

 

 

30,340

 

 

 

 

 

 

30,340

 

Other, net

 

 

9,866

 

 

 

(57

)

 

 

9,809

 

 

 

6,836

 

 

 

(100

)

 

 

6,736

 

 

 

6,597

 

 

 

7,352

 

 

 

13,949

 

Security gains (losses), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15

 

 

 

15

 

Total noninterest income

 

$

153,574

 

 

$

33,471

 

 

$

187,045

 

 

$

148,365

 

 

$

36,471

 

 

$

184,836

 

 

$

147,144

 

 

$

37,519

 

 

$

184,663

 

 

(1)

During the first quarter of 2019, Trustmark revised the composition of its operating segments by moving the Private Banking Group from the General Banking Segment to the Wealth Management Segment as a result of a change in supervision of this group for segment reporting purposes.  The prior period amounts presented include reclassifications to conform to the current period presentation.

(2)

Trustmark elected the modified retrospective approach of adoption; therefore, prior period balances are presented under legacy GAAP and may not be comparable to current year presentation.

(3)

Noninterest income not in scope for FASB ASC Topic 606 includes customer derivatives revenue and miscellaneous credit card income within bank card and other fees; mortgage banking, net; amortization of tax credits, accretion of the FDIC indemnification asset, cash surrender value on various life insurance policies, earnings on Trustmark’s non-qualified deferred compensation plans, other partnership investments and rental income within other, net; and securities gains (losses), net.