SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
March 12, 2004
Date of Report (Date of earliest event reported)
TRUSTMARK CORPORATION
(Exact name of registrant as specified in its charter)
Mississippi 0-3683 64-0471500
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
248 East Capitol Street
Jackson, MS 39201
(Address, including zip code, of principal executive office)
(601) 208-5111
(Registrant's telephone number, including area code)
Item 5. Other Events and Regulation FD Disclosure
Trustmark Corporation (NASDAQ:TRMK) announced that Trustmark National Bank has
completed the purchase of five branches of Allied Houston Bank as of the close
of business today. Under the terms of the agreement dated December 9, 2003,
Trustmark acquired five branches serving the greater Houston market with
approximately $145 million in loans and $160 million in deposits for a $10
million deposit premium.
Richard G. Hickson, Chairman and CEO of Trustmark, stated, "We are delighted to
expand the Trustmark franchise into the Houston market and welcome our newest
clients and associates to the Trustmark family. The clients served by these
offices and the demographics of Houston represent an outstanding opportunity for
Trustmark. We look forward to providing banking and financial solutions in one
of the fastest growing and most desirable markets in the country."
Hickson also announced Lee D. Cutrone, Jr., has been elected President and CEO
of the Texas Division of Trustmark National Bank. Cutrone will be responsible
for directing the banking and financial services activities in Texas with
primary emphasis on expanding the company's presence in the greater Houston
market.
Cutrone has acquired extensive managerial experience within the banking
community during his nearly thirty-year financial career. Prior to joining
Trustmark, Cutrone was City President for Compass Bank in Houston, where he
focused on small business, mid-market, residential and commercial real estate
lending. Previously, his career included broad experience in senior management
positions within international, corporate and commercial banking, primarily in
the Pittsburgh area PNC Bank and ABN Amro.
"We are delighted with our expansion into Texas and the opportunity to have Lee
manage our Texas division," said Hickson. "After having experienced eighteen
years of my banking career in Texas, I understand the caliber of person
necessary to operate a successful organization in this marketplace. Lee
possesses an extensive knowledge of the Houston market, and his proven
leadership abilities will benefit Trustmark as we expand our position as a
financial services company in Texas. As President and CEO of the Texas Division,
he will play a significant role in the future of Trustmark."
"It is with great enthusiasm that I accept this new challenge and the
opportunity to advance the Trustmark business philosophy throughout Texas," said
Cutrone. "Trustmark has consistently been recognized as an outstanding business
leader in the financial services industry, and I share the commitment to
superior customer satisfaction exemplified by Trustmark associates and
directors. I look forward to being associated with Trustmark's continued
success."
A graduate of the University of Pittsburgh with a master's degree in Public and
International Affairs, Cutrone also served in the United States Army from 1971
until 1974. He has been active in community service, most recently affiliated
with boards for the Boy Scouts of America, as well as the University of St.
Thomas and the World Affairs Council both in Houston, Texas.
Trustmark is a financial services company providing banking and financial
solutions through over 145 offices and 2,400 associates in Mississippi, Florida,
Tennessee and Texas. For additional information, visit Trustmark's web site at
www.trustmark.com.
Trustmark's investor contacts are Zach Wasson, Executive Vice President and
Chief Financial Officer (601-208-6816), and Joseph Rein, First Vice President
(601-208-6898). Trustmark's media contact is Gray Wiggers, Senior Vice President
(601-208-5942).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TRUSTMARK CORPORATION
BY: /s/ Louis E. Greer
------------------
Louis E. Greer
Chief Accounting Officer
DATE: March 12, 2004