Company: RNST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000715072-25-000180
Chunk: 243

Company: RENASANT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 2
Chunk 243
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.00 %Tier 1 risk-based capital ratio1,935,522 13.50 1,147,276 8.00 1,218,981 8.50 Total risk-based capital ratio2,449,129 17.08 1,434,095 10.00 1,505,800 10.50 Leverage capital ratios:Tier 1 leverage ratio1,935,522 11.34 853,556 5.00 682,845 4.00 Renasant Bank:Risk-based capital ratios:Common equity tier 1 capital ratio$1,843,123 12.85 %$932,552 6.50 %$1,004,287 7.00 %Tier 1 risk-based capital ratio1,843,123 12.85 1,147,756 8.00 1,219,491 8.50 Total risk-based capital ratio2,022,737 14.10 1,434,695 10.00 1,506,430 10.50 Leverage capital ratios:Tier 1 leverage ratio1,843,123 10.80 852,933 5.00 682,346 4.00 

The Company elected to take advantage of transitional relief offered by the Federal Reserve and FDIC to delay for two years the estimated impact of CECL on regulatory capital, followed by a three-year transitional period to phase out the capital benefit provided by the two-year delay. The three-year transitional period began on January 1, 2022; the impact of CECL is reflected in our capital ratios as of March 31, 2025.

For more information regarding the capital adequacy guidelines applicable to the Company and Renasant Bank, please refer to Note 13, “Regulatory Matters,” in the Notes to the Consolidated Financial Statements of the Company in Item 1, Financial Statements.

64

Critical Accounting Estimates

We have identified certain accounting estimates that involve significant judgment and estimates which can have a material impact on our financial condition or results of operations. Our accounting policies are more fully described in Note 1, “Significant Accounting Policies,” in the Notes to Consolidated Financial Statements of the Company in Item 8, Financial Statements and Supplementary Data, in our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission