Company: RNST
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000715072-25-000211
Chunk: 102

Company: RENASANT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 102
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 the allowance for credit losses on loans for the periods presented:

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Three Months EndedSix Months Ended June 30,June 30, 2025202420252024Balance at beginning of period$203,931 $201,052 $201,756 $198,578 Impact of purchased credit deteriorated loans acquired during the period23,493 — 23,493 — Charge-offsCommercial, financial, agricultural5,823 186 5,917 535 Lease financing2,394 — 2,394 — Real estate – construction105 — 105 — Real estate – 1-4 family mortgage319 208 628 290 Real estate – commercial mortgage3,944 5,727 4,405 5,727 Installment loans to individuals394 251 659 730 Total charge-offs12,979 6,372 14,108 7,282 RecoveriesCommercial, financial, agricultural627 525 1,585 871 Lease financing4 10 13 18 Real estate – 1-4 family mortgage37 25 70 73 Real estate – commercial mortgage116 99 122 105 Installment loans to individuals141 232 389 570 Total recoveries925 891 2,179 1,637 Net charge-offs12,054 5,481 11,929 5,645 Provision for credit losses on loans75,400 4,300 77,450 6,938 Balance at end of period$290,770 $199,871 $290,770 $199,871 Net charge-offs (annualized) to average loans0.26 %0.18 %0.15 %0.09 %Net charge-offs to allowance for credit losses on loans4.15 %2.74 %4.10 %2.82 %Allowance for credit losses on loans to:Total loans1.57 %1.59 %Nonperforming loans204.97 %203.88 %Nonaccrual loans210.70 %204.38 %

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The table below reflects annualized net charge-offs (recoveries) to daily average loans outstanding, by loan category, for the periods presented:

Six Months EndedJune 30, 2025June 30, 2024Net