Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 34

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 34
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 and delayed the payment 51 monthsCombination - Interest Rate Reduction, Term Extension and Payment DelayCommercial, financial, agriculturalReduced the interest rate 181 basis points and extended the term and delayed the payment 59 monthsInstallment loans to individualsReduced the interest rate 460 basis points and extended the term and delayed the payment 54 monthsCredit QualityFor commercial and commercial real estate loans, internal risk-rating grades are assigned by lending, credit administration and loan review personnel, based on an analysis of the financial and collateral strength and other credit attributes underlying each loan. Management analyzes the resulting ratings, as well as other external statistics and factors such as delinquency, to track the migration performance of the portfolio balances of commercial and commercial real estate secured loans. Loan grades range between 10 and 95, with 10 being loans with the least credit risk. Loans within the “Pass” grade (those with a risk rating between 10 and 69) generally have a lower risk of loss and therefore a lower risk factor applied to the loan balances. The “Special Mention” grade (those with a risk rating between 70 and 79) represents a loan where a significant adverse risk-modifying action is anticipated in the near term that, if left uncorrected, could result in deterioration of the credit quality of the loan. Loans that migrate toward the “Classified” grade generally have a higher risk of loss and therefore a higher risk factor applied to those related loan balances.The following tables present the Company’s loan portfolio by year of origination and internal risk-rating grades as of the dates presented:

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Table of ContentsRenasant Corporation and SubsidiariesNotes to Consolidated Financial Statements (Unaudited)

 Term Loans Amortized Cost Basis by Origination Year 20252024202320222021PriorRevolving LoansRevolving Loans Converted to TermTotalLoansSeptember 30, 2025Commercial, Financial, Agricultural$453,028 $292,323 $213,414 $242,191 $141,528 $121,173 $1,263,029 $3,592 $2,730,278 Pass451,970 285,390 192,780 235,332 139,257 115,489 1,206,897 367 2,627,482 Special Mention206 2,767 16,032 586 453 3,613 18,562 — 42,219 Classified