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Other Real Estate
12 Months Ended
Dec. 31, 2025
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
Other Real Estate

Note 8 – Other Real Estate

At December 31, 2025, Trustmark’s geographic other real estate distribution was primarily concentrated in its Alabama, Mississippi Tennessee and Texas market regions. The ultimate recovery of a substantial portion of the carrying amount of other real estate is susceptible to changes in market conditions in these regions.

For the periods presented, changes and gains (losses), net on other real estate were as follows ($ in thousands):

 

 

 

Years Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Balance at beginning of period

 

$

5,917

 

 

$

6,867

 

 

$

1,986

 

Additions

 

 

8,471

 

 

 

6,782

 

 

 

7,237

 

Disposals

 

 

(6,739

)

 

 

(6,084

)

 

 

(2,555

)

(Write-downs) recoveries

 

 

(692

)

 

 

(1,648

)

 

 

199

 

Balance at end of period

 

$

6,957

 

 

$

5,917

 

 

$

6,867

 

 

 

 

 

 

 

 

 

 

 

Gains (losses), net on the sale of other real estate
   included in other real estate expense

 

$

(1,759

)

 

$

(1,104

)

 

$

(145

)

 

At December 31, 2025 and 2024, other real estate by type of property consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2025

 

 

2024

 

Construction, land development and other land properties

 

$

63

 

 

$

46

 

1-4 family residential properties

 

 

3,871

 

 

 

2,260

 

Nonfarm, nonresidential properties

 

 

1,273

 

 

 

3,611

 

Other real estate properties

 

 

1,750

 

 

 

 

Total other real estate

 

$

6,957

 

 

$

5,917

 

 

At December 31, 2025 and 2024, other real estate by geographic location of where the loan was originated consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2025

 

 

2024

 

Alabama

 

$

409

 

 

$

170

 

Mississippi (1)

 

 

5,621

 

 

 

2,407

 

Tennessee (2)

 

 

927

 

 

 

1,079

 

Texas

 

 

 

 

 

2,261

 

Total other real estate

 

$

6,957

 

 

$

5,917

 

(1)
Mississippi includes Central and Southern Mississippi Regions.
(2)
Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.

At December 31, 2025 and 2024, the balance of other real estate included $3.9 million and $2.3 million, respectively, of foreclosed residential real estate properties recorded as a result of obtaining physical possession of the property. At December 31, 2025 and 2024, the recorded investment of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process was $8.1 million and $7.6 million, respectively.