Trustmark(US:TRMK)2023-10-25 19:25Financial Performance - Net interest income (FTE) totaled $141.9 million[21], resulting in a net interest margin of 3.29%[21, 104], down 4 bps from the prior quarter[21] - Noninterest income totaled $52.2 million[35], representing 27.4% of total revenue in the third quarter[35] - Adjusted noninterest expense totaled $134.0 million[116], an increase of $2.4 million, or 1.9%, from the prior quarter[98] - Net charge-offs totaled $3.6 million in the third quarter, representing 0.11% of average loans[21, 46] - Insurance revenue totaled $15.3 million, up $539 thousand from the prior quarter and $1.4 million year-over-year[4] Loan and Deposit Growth - Loans Held for Investment (HFI) increased $196.3 million, or 1.6%, linked-quarter, and $1.2 billion, or 10.6%, year-over-year[35] - Deposits expanded $188.0 million, or 1.3%, linked-quarter and $676.7 million, or 4.7%, year-over-year[35, 59] - Brokered deposits totaled $740.2 million, up $125.5 million from the prior quarter, to represent 4.9% of total deposits at September 30, 2023[9] Capital Position - Capital position remained strong with a CET1 ratio of 9.89% and a total risk-based capital ratio of 12.11% at September 30, 2023[7, 35]