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

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 10
---
76,170 Proceeds from sale of MSR9,353 23,011 Net increase in loans(929,248)(283,266)Purchases of premises and equipment(30,337)(10,408)Proceeds from sales of premises and equipment1,366 339 Net cash received from sale of insurance agency— 55,333 Proceeds from surrender of bank-owned life insurance56,255 — Net change in FHLB stock(6,130)2,443 Proceeds from sales of other assets12,605 1,466 Net cash received in acquisition of businesses261,483 — Other, net3,836 656 Net cash (used in) provided by  investing activities(710,954)48,583 Financing activitiesNet increase (decrease) in noninterest-bearing deposits46,584 (53,874)Net increase in interest-bearing deposits348,575 486,840 Net increase (decrease) in short-term borrowings199,795 (198,845)Repayment of long-term debt— (245)Cash paid for dividends(56,578)(39,510)Proceeds from equity offering— 217,000 Net cash provided by financing activities538,376 411,366 Net (decrease) increase in cash and cash equivalents(8,247)474,269 Cash and cash equivalents at beginning of period1,092,032 801,351 Cash and cash equivalents at end of period$1,083,785 $1,275,620 Supplemental disclosuresCash paid for interest$324,630 $286,930 Cash paid for income taxes$21,281 $27,412 Noncash transactions:Transfers of loans to other real estate owned$4,057 $3,286 Common stock issued in acquisition of businesses$1,050,821 $— 

6

 Nine Months Ended September 30, 20252024Recognition of operating right-of-use assets$13,282 $2,503 Recognition of operating lease liabilities$13,282 $2,503 

See Notes to Consolidated Financial Statements.

7

Renasant Corporation and Subsidiaries

Notes to Consolidated Financial Statements (Unaudited)

Note 1 – Summary of Significant Accounting Policies

(In Thousands)Nature of Operations: Renasant Corporation (referred to herein as the “Company”) owns and operates