Company: RNST
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000715072-25-000211
Chunk: 105

Company: RENASANT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 105
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 time of foreclosure of properties are charged against the allowance for credit losses on loans. Reductions in the carrying value subsequent to acquisition are charged to earnings and are included in “Other real estate owned” in the Consolidated Statements of Income.

The following table provides details of the Company’s nonperforming assets as of the dates presented. 

June 30, 2025December 31, 2024Nonaccruing loans$137,999 $110,811 Accruing loans past due 90 days or more3,860 2,464 Total nonperforming loans141,859 113,275 Other real estate owned11,750 8,673 Total nonperforming assets$153,609 $121,948 Nonperforming loans to total loans0.76 %0.88 %Nonaccruing loans to total loans0.74 %0.88 %Nonperforming assets to total assets0.58 %0.68 %

The following table presents nonperforming loans by loan category as of the dates presented:

69

June 30,2025December 31, 2024June 30,2024Commercial, financial, agricultural$10,625 $2,000 $5,866 Lease financing1,675 4,083 2 Real estate – construction:Residential2,567 1,223 — Commercial2,168 16 — Total real estate – construction4,735 1,239 — Real estate – 1-4 family mortgage:Primary38,515 55,037 53,803 Home equity3,611 3,404 3,233 Rental/investment2,460 388 943 Land development77 1,760 40 Total real estate – 1-4 family mortgage44,663 60,589 58,019 Real estate – commercial mortgage:Owner-occupied29,694 12,679 6,252 Non-owner occupied49,104 29,280 24,424 Land development1,113 3,291 3,210 Total real estate – commercial mortgage79,911 45,250 33,886 Installment loans to individuals250 114 262 Total nonperforming loans$141,859 $113,275 $98,035 

Total nonperforming loans as a percentage of total loans were