XML 93 R14.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Acquired Loans | 12 Months Ended
--- | ---
Dec. 31, 2014
Acquired Loans [Abstract] |
Acquired Loans | Note 6 – Acquired Loans At December 31, 2014 and 2013, acquired loans consisted of the following ($ in thousands):
|  | December 31, 2014 |  |  | December 31, 2013 |
|  | Noncovered |  |  | Covered |  |  | Noncovered |  |  | Covered |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  | $ | 58,309 |  |  | $ | 1,197 |  |  | $ | 98,928 |  |  | $ | 2,363 |
Secured by 1-4 family residential properties |  |  | 116,920 |  |  |  | 13,180 |  |  |  | 157,914 |  |  |  | 16,416 |
Secured by nonfarm, nonresidential properties |  |  | 202,323 |  |  |  | 7,672 |  |  |  | 287,136 |  |  |  | 10,945 |
Other |  |  | 27,813 |  |  |  | 1,096 |  |  |  | 33,948 |  |  |  | 2,644 |
Commercial and industrial loans |  |  | 88,256 |  |  |  | 277 |  |  |  | 149,495 |  |  |  | 394 |
Consumer loans |  |  | 9,772 |  |  |  | - |  |  |  | 18,428 |  |  |  | 119 |
Other loans |  |  | 22,390 |  |  |  | 204 |  |  |  | 24,141 |  |  |  | 1,335 |
Acquired loans |  |  | 525,783 |  |  |  | 23,626 |  |  |  | 769,990 |  |  |  | 34,216 |
Less allowance for loan losses, acquired loans |  |  | 10,541 |  |  |  | 1,518 |  |  |  | 7,249 |  |  |  | 2,387 |
Net acquired loans |  | $ | 515,242 |  |  | $ | 22,108 |  |  | $ | 762,741 |  |  | $ | 31,829 |
On February 15, 2013, Trustmark completed its merger with BancTrust. Loans acquired in the BancTrust merger were evaluated for evidence of credit deterioration since origination and collectability of contractually required payments. Trustmark elected to account for all loans acquired in the BancTrust merger as acquired impaired loans under FASB ASC Topic 310-30 except for $153.9 million of acquired loans with revolving privileges and acquired commercial leases, which are outside the scope of the guidance. While not all loans acquired from BancTrust exhibited evidence of significant credit deterioration, accounting for these acquired loans under FASB ASC Topic 310-30 would have materially the same result as the alternative accounting treatment. During the second and third quarters of 2013, Trustmark recorded fair value adjustments based on the estimated fair value of certain acquired loans which resulted in a net decrease in acquired noncovered loans totaling $6.8 million. The purchase price allocation for these loans was considered final as of December 31, 2013. The following table presents the adjusted fair value of loans acquired as of the date of the BancTrust merger ($ in thousands):
At acquisition date: |  | February 15, 2013 |
Contractually required principal and interest |  | $ | 1,256,669 |
Nonaccretable difference |  |  | 201,324 |
Cash flows expected to be collected |  |  | 1,055,345 |
Accretable yield |  |  | 98,394 |
FASB ASC Topic 310-20 discount |  |  | 12,716 |
Fair value of loans at acquisition |  | $ | 944,235 |
The following table presents changes in the net carrying value of the acquired loans for the periods presented ($ in thousands):
|  | Noncovered |  |  | Covered |
|  | Acquired Impaired |  |  | Acquired Not ASC 310-30 (1) |  |  | Acquired Impaired |  |  | Acquired Not ASC 310-30 (1) |
Carrying value, net at January 1, 2013 |  | $ | 72,942 |  |  | $ | 6,696 |  |  | $ | 45,391 |  |  | $ | 2,460 |
Loans acquired (2) |  |  | 790,335 |  |  |  | 153,900 |  |  |  | - |  |  |  | - |
Accretion to interest income |  |  | 35,538 |  |  |  | 2,628 |  |  |  | 5,150 |  |  |  | 159 |
Payments received, net |  |  | (229,618 | ) |  |  | (39,281 | ) |  |  | (18,976 | ) |  |  | (819 | )
Other (3) |  |  | (24,177 | ) |  |  | (858 | ) |  |  | (3,202 | ) |  |  | (137 | )
Less change in allowance for loan losses, acquired loans |  |  | (5,364 | ) |  |  | - |  |  |  | 1,803 |  |  |  | - |
Carrying value, net at December 31, 2013 |  |  | 639,656 |  |  |  | 123,085 |  |  |  | 30,166 |  |  |  | 1,663 |
Accretion to interest income |  |  | 44,575 |  |  |  | 1,706 |  |  |  | 4,052 |  |  |  | 1 |
Payments received, net |  |  | (216,378 | ) |  |  | (42,284 | ) |  |  | (12,396 | ) |  |  | (30 | )
Other (3) |  |  | (29,724 | ) |  |  | (2,102 | ) |  |  | (1,733 | ) |  |  | (484 | )
Less change in allowance for loan losses, acquired loans |  |  | (3,978 | ) |  |  | 686 |  |  |  | 415 |  |  |  | 454 |
Carrying value, net at December 31, 2014 |  | $ | 434,151 |  |  | $ | 81,091 |  |  | $ | 20,504 |  |  | $ | 1,604 |
(1) "Acquired Not ASC 310-30" loans consist of revolving credit agreements and commercial leases that are not in scope for FASB ASC Topic 310-30. (2) Adjusted fair value of loans acquired from BancTrust on February 15, 2013. (3) Includes acquired loan terminations through foreclosure, charge-off, pool recovery and other terminations. Under FASB ASC Topic 310-30, the accretable yield is the excess of expected cash flows at acquisition over the initial fair value of acquired impaired loans and is recorded as interest income over the estimated life of the loans using the effective yield method if the timing and amount of the future cash flows is reasonably estimable. The following table presents changes in the accretable yield for the years ended December 31, 2014 and 2013 ($ in thousands):
|  | Years Ended December 31, |
|  | 2014 |  |  | 2013 |
Accretable yield at beginning of period |  | $ | (109,006 | ) |  | $ | (26,383 | )
Additions due to acquisition (1) |  |  | - |  |  |  | (98,394 | )
Accretion to interest income |  |  | 48,627 |  |  |  | 40,688 |
Disposals |  |  | 16,383 |  |  |  | 18,438 |
Reclassification to / (from) nonaccretable difference (2) |  |  | (33,153 | ) |  |  | (43,355 | )
Accretable yield at end of period |  | $ | (77,149 | ) |  | $ | (109,006 | )
(1) Accretable yield on loans acquired from BancTrust on February 15, 2013, including measurement period adjustments. (2) Reclassifications from nonaccretable difference are due to lower loss expectations and improvements in expected cashflows. The following tables present the components of the allowance for loan losses on acquired impaired loans for the years ended December 31, 2014, 2013 and 2012 ($ in thousands):
|  | Noncovered |  |  | Covered |  |  | Total |
Balance at January 1, 2014 |  | $ | 7,249 |  |  | $ | 2,387 |  |  | $ | 9,636 |
Provision for loan losses, acquired loans |  |  | 7,149 |  |  |  | (978 | ) |  |  | 6,171 |
Loans charged-off |  |  | (6,274 | ) |  |  | 127 |  |  |  | (6,147 | )
Recoveries |  |  | 2,417 |  |  |  | (18 | ) |  |  | 2,399 |
Net (charge-offs) recoveries |  |  | (3,857 | ) |  |  | 109 |  |  |  | (3,748 | )
Balance at December 31, 2014 |  | $ | 10,541 |  |  | $ | 1,518 |  |  | $ | 12,059 |
|  | Noncovered |  |  | Covered |  |  | Total |
Balance at January 1, 2013 |  | $ | 1,885 |  |  | $ | 4,190 |  |  | $ | 6,075 |
Provision for loan losses, acquired loans |  |  | 7,367 |  |  |  | (1,328 | ) |  |  | 6,039 |
Loans charged-off |  |  | (3,634 | ) |  |  | (460 | ) |  |  | (4,094 | )
Recoveries |  |  | 1,631 |  |  |  | (15 | ) |  |  | 1,616 |
Net charge-offs |  |  | (2,003 | ) |  |  | (475 | ) |  |  | (2,478 | )
Balance at December 31, 2013 |  | $ | 7,249 |  |  | $ | 2,387 |  |  | $ | 9,636 |
|  | Noncovered |  |  | Covered |  |  | Total |
Balance at January 1, 2012 |  | $ | - |  |  | $ | 502 |  |  | $ | 502 |
Provision for loan losses, acquired loans |  |  | 1,916 |  |  |  | 3,612 |  |  |  | 5,528 |
Loans charged-off |  |  | (290 | ) |  |  | (81 | ) |  |  | (371 | )
Recoveries |  |  | 259 |  |  |  | 157 |  |  |  | 416 |
Net (charge-offs) recoveries |  |  | (31 | ) |  |  | 76 |  |  |  | 45 |
Balance at December 31, 2012 |  | $ | 1,885 |  |  | $ | 4,190 |  |  | $ | 6,075 |
As discussed in Note 5 - LHFI and Allowance for Loan Losses, LHFI, Trustmark has established a loan grading system that consists of ten individual credit risk grades (risk ratings) that encompass a range from loans where the expectation of loss is negligible to loans where loss has been established. The model is based on the risk of default for an individual credit and establishes certain criteria to segregate the level of risk across the ten unique risk ratings. These credit quality measures are unique to commercial loans. Credit quality for consumer loans is based on individual credit scores, aging status of the loan and payment activity. The tables below illustrate the carrying amount of acquired loans by credit quality indicator at December 31, 2014 and 2013 ($ in thousands):
|  | December 31, 2014 |
|  |  |  |  | Commercial Loans |
|  |  |  |  | Pass - |  |  | Special Mention - |  |  | Substandard - |  |  | Doubtful - |  |  |  |
|  |  |  |  | Categories 1-6 |  |  | Category 7 |  |  | Category 8 |  |  | Category 9 |  |  | Subtotal |
Noncovered Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  |  |  |  | $ | 20,224 |  |  | $ | 280 |  |  | $ | 28,339 |  |  | $ | 5,821 |  |  | $ | 54,664 |
Secured by 1-4 family residential properties |  |  |  |  |  | 30,796 |  |  |  | 760 |  |  |  | 8,466 |  |  |  | 388 |  |  |  | 40,410 |
Secured by nonfarm, nonresidential properties |  |  |  |  |  | 157,753 |  |  |  | 3,452 |  |  |  | 39,408 |  |  |  | 1,710 |  |  |  | 202,323 |
Other |  |  |  |  |  | 22,754 |  |  |  | 92 |  |  |  | 4,864 |  |  |  | 95 |  |  |  | 27,805 |
Commercial and industrial loans |  |  |  |  |  | 64,720 |  |  |  | 17 |  |  |  | 19,706 |  |  |  | 3,813 |  |  |  | 88,256 |
Consumer loans |  |  |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other loans |  |  |  |  |  | 19,706 |  |  |  | 45 |  |  |  | 2,617 |  |  |  | - |  |  |  | 22,368 |
Total noncovered loans |  |  |  |  |  | 315,953 |  |  |  | 4,646 |  |  |  | 103,400 |  |  |  | 11,827 |  |  |  | 435,826 |
Covered Loans: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  |  |  |  |  | - |  |  |  | - |  |  |  | 955 |  |  |  | 102 |  |  |  | 1,057 |
Secured by 1-4 family residential properties |  |  |  |  |  | 194 |  |  |  | 235 |  |  |  | 1,045 |  |  |  | - |  |  |  | 1,474 |
Secured by nonfarm, nonresidential properties |  |  |  |  |  | 4,419 |  |  |  | 88 |  |  |  | 2,879 |  |  |  | - |  |  |  | 7,386 |
Other |  |  |  |  |  | - |  |  |  | 108 |  |  |  | 426 |  |  |  | 2 |  |  |  | 536 |
Commercial and industrial loans |  |  |  |  |  | 145 |  |  |  | 24 |  |  |  | 108 |  |  |  | - |  |  |  | 277 |
Consumer loans |  |  |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other loans |  |  |  |  |  | 204 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 204 |
Total covered loans |  |  |  |  |  | 4,962 |  |  |  | 455 |  |  |  | 5,413 |  |  |  | 104 |  |  |  | 10,934 |
Total acquired loans |  |  |  |  | $ | 320,915 |  |  | $ | 5,101 |  |  | $ | 108,813 |  |  | $ | 11,931 |  |  | $ | 446,760 |
|  | Consumer Loans |  |  |  |  |
|  |  |  |  | Past Due |  |  | Past Due |  |  |  |  |  |  |  |  |  |  | Total |
|  | Current |  |  | 30-89 Days |  |  | 90 Days or More |  |  | Nonaccrual |  |  | Subtotal |  |  | Acquired Loans |
Noncovered Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  |  | 3,338 |  |  |  | 25 |  |  |  | 282 |  |  | $ | - |  |  | $ | 3,645 |  |  | $ | 58,309 |
Secured by 1-4 family residential properties |  |  | 71,316 |  |  |  | 2,335 |  |  |  | 2,742 |  |  |  | 117 |  |  |  | 76,510 |  |  |  | 116,920 |
Secured by nonfarm, nonresidential properties |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 202,323 |
Other |  |  | 8 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 8 |  |  |  | 27,813 |
Commercial and industrial loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 88,256 |
Consumer loans |  |  | 9,634 |  |  |  | 114 |  |  |  | 24 |  |  |  | - |  |  |  | 9,772 |  |  |  | 9,772 |
Other loans |  |  | 22 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 22 |  |  |  | 22,390 |
Total noncovered loans |  |  | 84,318 |  |  |  | 2,474 |  |  |  | 3,048 |  |  |  | 117 |  |  |  | 89,957 |  |  |  | 525,783 |
Covered Loans: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  |  | 140 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 140 |  |  |  | 1,197 |
Secured by 1-4 family residential properties |  |  | 10,925 |  |  |  | 473 |  |  |  | 308 |  |  |  | - |  |  |  | 11,706 |  |  |  | 13,180 |
Secured by nonfarm, nonresidential properties |  |  | 286 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 286 |  |  |  | 7,672 |
Other |  |  | 525 |  |  |  | - |  |  |  | 35 |  |  |  | - |  |  |  | 560 |  |  |  | 1,096 |
Commercial and industrial loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 277 |
Consumer loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 204 |
Total covered loans |  |  | 11,876 |  |  |  | 473 |  |  |  | 343 |  |  |  | - |  |  |  | 12,692 |  |  |  | 23,626 |
Total acquired loans |  | $ | 96,194 |  |  | $ | 2,947 |  |  | $ | 3,391 |  |  | $ | 117 |  |  | $ | 102,649 |  |  | $ | 549,409 |
(1) Total dollar balances are presented in this table; however, these loans are covered by the loss-share agreement with the FDIC. TNB is at risk for only 20% of the losses incurred on these loans.
|  | December 31, 2013 |
|  |  |  |  | Commercial Loans |
|  |  |  |  | Pass - |  |  | Special Mention - |  |  | Substandard - |  |  | Doubtful - |  |  |  |
|  |  |  |  | Categories 1-6 |  |  | Category 7 |  |  | Category 8 |  |  | Category 9 |  |  | Subtotal |
Noncovered Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  |  |  |  | $ | 39,075 |  |  | $ | 2,506 |  |  | $ | 42,486 |  |  | $ | 8,445 |  |  | $ | 92,512 |
Secured by 1-4 family residential properties |  |  |  |  |  | 33,810 |  |  |  | 2,983 |  |  |  | 17,422 |  |  |  | 538 |  |  |  | 54,753 |
Secured by nonfarm, nonresidential properties |  |  |  |  |  | 184,594 |  |  |  | 9,027 |  |  |  | 88,952 |  |  |  | 4,563 |  |  |  | 287,136 |
Other |  |  |  |  |  | 28,156 |  |  |  | 1,437 |  |  |  | 4,071 |  |  |  | 184 |  |  |  | 33,848 |
Commercial and industrial loans |  |  |  |  |  | 116,818 |  |  |  | 2,248 |  |  |  | 24,084 |  |  |  | 6,039 |  |  |  | 149,189 |
Consumer loans |  |  |  |  |  | 21 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 21 |
Other loans |  |  |  |  |  | 21,881 |  |  |  | - |  |  |  | 882 |  |  |  | 1,306 |  |  |  | 24,069 |
Total noncovered loans |  |  |  |  |  | 424,355 |  |  |  | 18,201 |  |  |  | 177,897 |  |  |  | 21,075 |  |  |  | 641,528 |
Covered Loans: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  |  |  |  |  | 228 |  |  |  | - |  |  |  | 1,126 |  |  |  | 771 |  |  |  | 2,125 |
Secured by 1-4 family residential properties |  |  |  |  |  | 1,629 |  |  |  | 430 |  |  |  | 1,798 |  |  |  | - |  |  |  | 3,857 |
Secured by nonfarm, nonresidential properties |  |  |  |  |  | 5,446 |  |  |  | 109 |  |  |  | 4,723 |  |  |  | - |  |  |  | 10,278 |
Other |  |  |  |  |  | 832 |  |  |  | 134 |  |  |  | 717 |  |  |  | 2 |  |  |  | 1,685 |
Commercial and industrial loans |  |  |  |  |  | 254 |  |  |  | 28 |  |  |  | 112 |  |  |  | - |  |  |  | 394 |
Consumer loans |  |  |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other loans |  |  |  |  |  | 271 |  |  |  | - |  |  |  | 414 |  |  |  | 646 |  |  |  | 1,331 |
Total covered loans |  |  |  |  |  | 8,660 |  |  |  | 701 |  |  |  | 8,890 |  |  |  | 1,419 |  |  |  | 19,670 |
Total acquired loans |  |  |  |  | $ | 433,015 |  |  | $ | 18,902 |  |  | $ | 186,787 |  |  | $ | 22,494 |  |  | $ | 661,198 |
|  | Consumer Loans |  |  |  |  |
|  |  |  |  | Past Due |  |  | Past Due |  |  |  |  |  |  |  |  |  |  | Total |
|  | Current |  |  | 30-89 Days |  |  | 90 Days or More |  |  | Nonaccrual |  |  | Subtotal |  |  | Acquired Loans |
Noncovered Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  | $ | 5,813 |  |  | $ | 108 |  |  | $ | 495 |  |  | $ | - |  |  | $ | 6,416 |  |  | $ | 98,928 |
Secured by 1-4 family residential properties |  |  | 95,987 |  |  |  | 3,599 |  |  |  | 3,466 |  |  |  | 109 |  |  |  | 103,161 |  |  |  | 157,914 |
Secured by nonfarm, nonresidential properties |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 287,136 |
Other |  |  | 100 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 100 |  |  |  | 33,948 |
Commercial and industrial loans |  |  | 306 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 306 |  |  |  | 149,495 |
Consumer loans |  |  | 18,076 |  |  |  | 239 |  |  |  | 92 |  |  |  | - |  |  |  | 18,407 |  |  |  | 18,428 |
Other loans |  |  | 72 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 72 |  |  |  | 24,141 |
Total noncovered loans |  |  | 120,354 |  |  |  | 3,946 |  |  |  | 4,053 |  |  |  | 109 |  |  |  | 128,462 |  |  |  | 769,990 |
Covered Loans: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  |  | 133 |  |  |  | 77 |  |  |  | 28 |  |  |  | - |  |  |  | 238 |  |  |  | 2,363 |
Secured by 1-4 family residential properties |  |  | 11,179 |  |  |  | 428 |  |  |  | 952 |  |  |  | - |  |  |  | 12,559 |  |  |  | 16,416 |
Secured by nonfarm, nonresidential properties |  |  | 495 |  |  |  | - |  |  |  | 172 |  |  |  | - |  |  |  | 667 |  |  |  | 10,945 |
Other |  |  | 617 |  |  |  | 342 |  |  |  | - |  |  |  | - |  |  |  | 959 |  |  |  | 2,644 |
Commercial and industrial loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 394 |
Consumer loans |  |  | 119 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 119 |  |  |  | 119 |
Other loans |  |  | 4 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 4 |  |  |  | 1,335 |
Total covered loans |  |  | 12,547 |  |  |  | 847 |  |  |  | 1,152 |  |  |  | - |  |  |  | 14,546 |  |  |  | 34,216 |
Total acquired loans |  | $ | 132,901 |  |  | $ | 4,793 |  |  | $ | 5,205 |  |  | $ | 109 |  |  | $ | 143,008 |  |  | $ | 804,206 |
(1) | Total dollar balances are presented in this table; however, these loans are covered by the loss-share agreement with the FDIC. TNB is at risk for only 20% of the losses incurred on these loans.
At December 31, 2014 and 2013, there were no acquired impaired loans accounted for under FASB ASC Topic 310-30 classified as nonaccrual loans. At December 31, 2014, approximately $1.1 million of acquired loans not accounted for under FASB ASC Topic 310-30 were classified as nonaccrual loans, compared to approximately $2.4 million of acquired loans at December 31, 2013. The following tables provide an aging analysis of contractually past due and nonaccrual acquired loans, by class at December 31, 2014 and 2013 ($ in thousands):
|  | December 31, 2014 |
|  | Past Due |  |  |  |  |  |  |  |  |  |
|  | 30-59 Days |  |  | 60-89 Days |  |  | 90 Days or More (1) |  |  | Total |  |  | Nonaccrual (2) |  |  | Current Loans |  |  | Total Acquired Loans |
Noncovered loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  | $ | 246 |  |  | $ | 7 |  |  | $ | 21,985 |  |  | $ | 22,238 |  |  | $ | 194 |  |  | $ | 35,877 |  |  | $ | 58,309 |
Secured by 1-4 family residential properties |  |  | 2,576 |  |  |  | 981 |  |  |  | 5,162 |  |  |  | 8,719 |  |  |  | 422 |  |  |  | 107,779 |  |  |  | 116,920 |
Secured by nonfarm, nonresidential properties |  |  | 89 |  |  |  | 865 |  |  |  | 13,275 |  |  |  | 14,229 |  |  |  | - |  |  |  | 188,094 |  |  |  | 202,323 |
Other |  |  | - |  |  |  | - |  |  |  | 604 |  |  |  | 604 |  |  |  | - |  |  |  | 27,209 |  |  |  | 27,813 |
Commercial and industrial loans |  |  | 334 |  |  |  | 128 |  |  |  | 1,099 |  |  |  | 1,561 |  |  |  | 461 |  |  |  | 86,234 |  |  |  | 88,256 |
Consumer loans |  |  | 86 |  |  |  | 29 |  |  |  | 24 |  |  |  | 139 |  |  |  | - |  |  |  | 9,633 |  |  |  | 9,772 |
Other loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 22,390 |  |  |  | 22,390 |
Total noncovered loans |  |  | 3,331 |  |  |  | 2,010 |  |  |  | 42,149 |  |  |  | 47,490 |  |  |  | 1,077 |  |  |  | 477,216 |  |  |  | 525,783 |
Covered loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  |  | - |  |  |  | - |  |  |  | 376 |  |  |  | 376 |  |  |  | - |  |  |  | 821 |  |  |  | 1,197 |
Secured by 1-4 family residential properties |  |  | 253 |  |  |  | 296 |  |  |  | 477 |  |  |  | 1,026 |  |  |  | - |  |  |  | 12,154 |  |  |  | 13,180 |
Secured by nonfarm, nonresidential properties |  |  | 239 |  |  |  | 488 |  |  |  | - |  |  |  | 727 |  |  |  | - |  |  |  | 6,945 |  |  |  | 7,672 |
Other |  |  | - |  |  |  | - |  |  |  | 368 |  |  |  | 368 |  |  |  | - |  |  |  | 728 |  |  |  | 1,096 |
Commercial and industrial loans |  |  | - |  |  |  | - |  |  |  | 42 |  |  |  | 42 |  |  |  | 67 |  |  |  | 168 |  |  |  | 277 |
Consumer loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 204 |  |  |  | 204 |
Total covered loans |  |  | 492 |  |  |  | 784 |  |  |  | 1,263 |  |  |  | 2,539 |  |  |  | 67 |  |  |  | 21,020 |  |  |  | 23,626 |
Total acquired loans |  | $ | 3,823 |  |  | $ | 2,794 |  |  | $ | 43,412 |  |  | $ | 50,029 |  |  | $ | 1,144 |  |  | $ | 498,236 |  |  | $ | 549,409 |
(1) Past due 90 days or more but still accruing interest. (2) Acquired loans not accounted for under FASB ASC Topic 310-30.
|  | December 31, 2013 |
|  | Past Due |  |  |  |  |  |  |  |  |  |
|  | 30-59 Days |  |  | 60-89 Days |  |  | 90 Days or More (1) |  |  | Total |  |  | Nonaccrual (2) |  |  | Current Loans |  |  | Total Acquired Loans |
Noncovered loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  | $ | 1,648 |  |  | $ | 468 |  |  | $ | 31,744 |  |  | $ | 33,860 |  |  | $ | 67 |  |  | $ | 65,001 |  |  | $ | 98,928 |
Secured by 1-4 family residential properties |  |  | 3,901 |  |  |  | 1,166 |  |  |  | 7,589 |  |  |  | 12,656 |  |  |  | 116 |  |  |  | 145,142 |  |  |  | 157,914 |
Secured by nonfarm, nonresidential properties |  |  | 4,851 |  |  |  | 3,127 |  |  |  | 15,421 |  |  |  | 23,399 |  |  |  | 461 |  |  |  | 263,276 |  |  |  | 287,136 |
Other |  |  | 40 |  |  |  | - |  |  |  | 1,922 |  |  |  | 1,962 |  |  |  | 33 |  |  |  | 31,953 |  |  |  | 33,948 |
Commercial and industrial loans |  |  | 526 |  |  |  | 217 |  |  |  | 3,387 |  |  |  | 4,130 |  |  |  | 1,170 |  |  |  | 144,195 |  |  |  | 149,495 |
Consumer loans |  |  | 205 |  |  |  | 34 |  |  |  | 92 |  |  |  | 331 |  |  |  | - |  |  |  | 18,097 |  |  |  | 18,428 |
Other loans |  |  | - |  |  |  | - |  |  |  | 153 |  |  |  | 153 |  |  |  | 20 |  |  |  | 23,968 |  |  |  | 24,141 |
Total noncovered loans |  |  | 11,171 |  |  |  | 5,012 |  |  |  | 60,308 |  |  |  | 76,491 |  |  |  | 1,867 |  |  |  | 691,632 |  |  |  | 769,990 |
Covered loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction, land development and other land |  |  | 87 |  |  |  | - |  |  |  | 553 |  |  |  | 640 |  |  |  | 445 |  |  |  | 1,278 |  |  |  | 2,363 |
Secured by 1-4 family residential properties |  |  | 515 |  |  |  | 358 |  |  |  | 1,142 |  |  |  | 2,015 |  |  |  | - |  |  |  | 14,401 |  |  |  | 16,416 |
Secured by nonfarm, nonresidential properties |  |  | 243 |  |  |  | 1,662 |  |  |  | 793 |  |  |  | 2,698 |  |  |  | - |  |  |  | 8,247 |  |  |  | 10,945 |
Other |  |  | 571 |  |  |  | 139 |  |  |  | 2 |  |  |  | 712 |  |  |  | - |  |  |  | 1,932 |  |  |  | 2,644 |
Commercial and industrial loans |  |  | 13 |  |  |  | - |  |  |  | - |  |  |  | 13 |  |  |  | 41 |  |  |  | 340 |  |  |  | 394 |
Consumer loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 119 |  |  |  | 119 |
Other loans |  |  | - |  |  |  | - |  |  |  | 646 |  |  |  | 646 |  |  |  | - |  |  |  | 689 |  |  |  | 1,335 |
Total covered loans |  |  | 1,429 |  |  |  | 2,159 |  |  |  | 3,136 |  |  |  | 6,724 |  |  |  | 486 |  |  |  | 27,006 |  |  |  | 34,216 |
Total acquired loans |  | $ | 12,600 |  |  | $ | 7,171 |  |  | $ | 63,444 |  |  | $ | 83,215 |  |  | $ | 2,353 |  |  | $ | 718,638 |  |  | $ | 804,206 |
(1) Past due 90 days or more but still accruing interest. (2) Acquired loans not accounted for under FASB ASC Topic 310-30.

X
- Details
Name: | trmk_AcquiredLoansAbstract
Namespace Prefix: | trmk_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition This item represents the entire disclosure related to Assets covered by indemnification agreements with FDIC and the resulting receivable to account for those losses. + References No definition available. + Details
Name: | trmk_AcquiredLoansIncludingCoveredLoansCoveredOtherRealEstateAndFdicIndemnificationAssetTextBlock
Namespace Prefix: | trmk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration