Company: RNST
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000715072-25-000211
Chunk: 62

Company: RENASANT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 62
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 value as of June 30, 2025 and December 31, 2024: AggregateFair ValueAggregateUnpaidPrincipalBalanceDifferenceJune 30, 2025Mortgage loans held for sale measured at fair value$356,791 $349,629 $7,162 December 31, 2024Mortgage loans held for sale measured at fair value$246,171 $244,218 $1,953 Fair Value of Financial InstrumentsThe carrying amounts and estimated fair values of the Company’s financial instruments, including those assets and liabilities that are not measured and reported at fair value on a recurring basis or nonrecurring basis, were as follows as of the dates presented: 

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Table of ContentsRenasant Corporation and SubsidiariesNotes to Consolidated Financial Statements (Unaudited)

  Fair ValueAs of June 30, 2025CarryingValueLevel 1Level 2Level 3TotalFinancial assetsCash and cash equivalents$1,378,612 $1,378,612 $— $— $1,378,612 Securities held to maturity1,076,817 — 984,359 — 984,359 Securities available for sale2,471,487 — 2,471,487 — 2,471,487 Loans held for sale356,791 — 356,791 — 356,791 Loans, net18,272,677 — — 18,123,260 18,123,260 Mortgage servicing rights64,539 — — 80,772 80,772 Derivative instruments50,629 — 50,629 — 50,629 Financial liabilitiesDeposits$21,582,637 $21,567,625 $— $21,567,625 Short-term borrowings405,349 405,349 — — 405,349 Junior subordinated debentures140,079 — 125,033 — 125,033 Subordinated notes416,896 — 405,750 — 405,750 Derivative instruments46,204 — 46,204 — 46,204    Fair ValueAs of December 31, 2024CarryingValueLevel 1Level 2Level 3TotalFinancial assetsCash and cash equivalents$1