Company: RNST
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000715072-25-000054
Chunk: 101

Company: RENASANT CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 101
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 Company’s most significant earning asset, comprising 71.45% and 71.15% of total assets at December 31, 2024 and 2023, respectively. This percentage will fluctuate based on a number of factors, including the extent of our loan growth and whether the Company has excess liquidity on its balance sheet.   

The tables below set forth the balance of loans outstanding by loan type and the percentage of loans, by category, to total loans at December 31:

 December 31, 2024December 31, 2023 TotalLoansPercentage of Total LoansTotalLoansPercentage of Total LoansCommercial, financial, agricultural$1,885,817 14.64 %$1,871,821 15.15 %Lease financing, net of unearned discount90,591 0.70 %116,020 0.94 %Real estate – construction:Residential256,655 1.99 %269,616 2.18 %Commercial836,998 6.50 %1,063,781 8.61 %Total real estate – construction1,093,653 8.49 %1,333,397 10.79 %Real estate – 1-4 family mortgage:Primary2,428,076 18.84 %2,422,482 19.61 %Home equity544,158 4.22 %522,688 4.23 %Rental/investment402,938 3.13 %373,755 3.03 %Land development113,705 0.88 %120,994 0.98 %Total real estate – 1-4 family mortgage3,488,877 27.07 %3,439,919 27.85 %Real estate – commercial mortgage:Owner-occupied1,894,679 14.70 %1,648,961 13.35 %Non-owner occupied4,226,937 32.81 %3,733,174 30.23 %Land development114,452 0.89 %104,415 0.85 %Total real estate – commercial mortgage6,236,068 48.40 %5,486,550 44.43 %Installment loans to individuals90,014 0.70 %103,523 0.84 %