Company: RNST
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000715072-25-000211
Chunk: 262

Company: RENASANT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 262
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 Ended June 30,June 30, 2025202420252024Loans held for investment79.49 %81.20 %6.63 %6.41 %Loans held for sale1.24 1.42 6.45 6.42 Securities15.38 13.53 3.28 2.04 Other3.89 3.85 4.03 5.32 Total earning assets100.00 %100.00 %6.01 %5.77 %

 Percentage of Total Average Earning AssetsYieldSix Months EndedSix Months Ended June 30,June 30, 2025202420252024Loans held for investment79.84 %81.16 %6.47 %6.35 %Loans held for sale1.24 1.22 6.25 6.22 Securities14.53 13.83 2.94 2.04 Interest-bearing balances with banks4.39 3.79 4.13 5.40 Total earning assets100.00 %100.00 %5.84 %5.72 %

For the second quarter of 2025, interest income on loans held for investment, on a tax equivalent basis, increased $104,164 to $304,834 from $200,670 for the same period in 2024. For the six months ended June 30, 2025, interest income on loans held for investment, on a tax equivalent basis, increased $109,028 to $504,338 from $395,310 in the same period of 2024. Driven largely by the addition of $5,196,239 in loans held for investment through our merger with The First on April l, 2025, the year-to-date average balance of loans held for investment increased $3,230,762 from June 2024, thereby resulting in the increase in interest income on loans held for investment for the three and six months ended June 30, 2025, as compared to the same periods in 2024.

The impact from interest income collected on problem loans and purchase accounting adjustments on loans to total interest income on loans held for investment, loan yield and net interest margin is shown in the following table for the periods presented.

Three Months EndedSix Months Ended June 30,June 30,