Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 228

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 228
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368 0.70 2,384 0.78 Real estate – construction23,953 8.05 15,126 8.49 16,656 9.50 Real estate – 1-4 family mortgage66,826 22.46 47,761 27.07 47,219 27.24 Real estate – commercial mortgage139,342 46.81 90,204 48.40 82,087 47.47 Installment loans to individuals5,464 1.84 6,770 0.70 8,979 0.72 Total$297,591 100.00 %$201,756 100.00 %$200,378 100.00 %

The provision for credit losses on loans charged to operating expense is an amount which, in the judgment of management, is necessary to maintain the allowance for credit losses on loans at a level that is believed to be adequate to meet the inherent risks of losses in our loan portfolio. The Company’s allowance for credit losses model considers economic projections, primarily the national unemployment rate and GDP, over a reasonable and supportable period of two years. 

The table below reflects the activity in the allowance for credit losses on loans, including the provision for credit losses, for the periods presented:

72

Three Months EndedNine Months Ended September 30,September 30, 2025202420252024Balance at beginning of period$290,770 $199,871 $201,756 $198,578 Impact of purchased credit deteriorated loans acquired during the period1,510 — 25,003 — Charge-offsCommercial, financial, agricultural2,557 347 8,474 882 Lease financing42 642 2,436 642 Real estate – construction8 — 113 — Real estate – 1-4 family mortgage612 256 1,240 546 Real estate – commercial mortgage1,296 10 5,701 5,737 Installment loans to individuals539 649 1,198 1,379 Total charge-offs5,054 1,904 19,162 9,186 RecoveriesCommercial, financial, agricultural51 514 1,636 1,385 Lease financing90 8 103 26 Real estate – construction6 — 6 — Real estate