Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 230

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 230
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-4 family mortgage1,0864,435,8470.03%4163,422,7110.02%Real estate – commercial mortgage5,1508,482,0100.08%5,6215,752,2060.13%Installment loans to individuals754110,5670.91%19896,1880.27%Total$16,268$16,743,0470.13%$6,348$12,522,8020.07%

The following table provides further details of the Company’s net charge-offs (recoveries) of loans secured by real estate for the periods presented:

Three Months EndedNine Months Ended September 30,September 30, 2025202420252024Real estate – construction:Residential$2 $— $107 $— Total real estate – construction2 — 107 — Real estate – 1-4 family mortgage:Primary384 167 775 327 Home equity125 74 315 93 Rental/investment(6)(41)(29)(3)Land development25 — 25 (1)Total real estate – 1-4 family mortgage528 200 1,086 416 Real estate – commercial mortgage:Owner-occupied857 (9)5,198 (68)Non-owner occupied(4)(1)(61)5,682 Land development14 7 13 7 Total real estate – commercial mortgage867 (3)5,150 5,621 Total net charge-offs of loans secured by real estate$1,397 $197 $6,343 $6,037 

Allowance for Credit Losses on Unfunded Commitments; Provision for Credit Losses on Unfunded Commitments. The Company maintains a separate allowance for credit losses on unfunded loan commitments, which is included in the “Other liabilities” line item on the Consolidated Balance Sheets. Management estimates the amount of expected losses on unfunded loan commitments by calculating a likelihood of funding over the contractual period for exposures that are not unconditionally cancellable by the Company and applying the loss factors used in the allowance for credit losses on loans methodology described above to unfunded commitments for each loan type. No credit loss estimate is reported for off-balance-sheet credit exposures that are unconditionally cancellable by the Company. A roll-forward of the allowance for credit losses on unfunded commitments is shown in the tables