Company: RNST
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000715072-25-000211
Chunk: 28

Company: RENASANT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 28
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Real Estate - Commercial Mortgage - Non-owner OccupiedExtended the term 8 monthsCombination - Term Extension and Payment DelayInstallment loans to individualsExtended the term and delayed the payment 61 monthsCombination - Interest Rate Reduction, Term Extension and Payment DelayCommercial, financial, agriculturalReduced the interest rate 181 basis points and extended the term and delayed the payment 59 monthsSix months ended June 30, 2024Loan TypeFinancial EffectInterest Rate ReductionCommercial, financial, agriculturalReduced the interest rate 39 basis pointsReal Estate - Commercial Mortgage - Owner OccupiedReduced the interest rate 47 basis pointsTerm ExtensionCommercial, financial, agriculturalExtended the term 7 monthsReal estate – 1-4 family mortgage - PrimaryExtended the term 24 monthsReal Estate - Commercial Mortgage - Owner OccupiedExtended the term 10 monthsReal Estate - Commercial Mortgage - Non-owner OccupiedExtended the term 8 monthsPayment DelayReal estate – 1-4 family mortgage - PrimaryDelayed the payment 36 monthsReal Estate - Commercial Mortgage - Non-owner OccupiedDelayed the payment 17 monthsInstallment loans to individualsDelayed the payment 60 monthsCombination - Term Extension and Payment DelayCommercial, financial, agriculturalExtended the term and delayed the payment 42 monthsInstallment loans to individualsExtended the term and delayed the payment 61 monthsCombination - Interest Rate Reduction and Term ExtensionReal Estate - Commercial Mortgage - Owner OccupiedReduced the interest rate 275 basis points and extended the term 21 monthsCombination - Interest Rate Reduction, Term Extension and Payment DelayCommercial, financial, agriculturalReduced the interest rate 181 basis points and extended the term and delayed the payment 59 monthsCredit QualityFor commercial and commercial real estate loans, internal risk-rating grades are assigned by lending, credit administration and loan review personnel, based on an analysis of the financial and collateral strength and other credit attributes underlying each loan. Management analyzes the resulting ratings, as well as other external statistics and factors such as delinquency, to track the migration performance of the portfolio balances of commercial and commercial real estate secured loans. Loan grades range between 10 and 95, with 10 being loans with the least credit risk. Loans within the “Pass” grade (those with a risk rating between 10 and 60) generally have a lower risk of loss and therefore a lower risk factor applied to the loan balances. The “Special Mention” grade (those with a risk rating of 70) represents a loan where a significant adverse risk-modifying action is anticipated