Company: RNST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000715072-25-000180
Chunk: 120

Company: RENASANT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 120
---
31, 2025. There were $85 in unused commitments at March 31, 2024. Upon the Company’s determination that a modification has subsequently become uncollectible, the loan, or portion of the loan, is charged off, the amortized cost basis of the loan is reduced by the uncollectible amount, and the allowance for credit losses is adjusted accordingly. See Note 4, “Allowance for Credit Losses,” for more information on the allowance for credit losses.

14

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

The following tables present the amortized cost basis of loans that were experiencing financial difficulty, modified during the three months ended March 31, 2025 and 2024, respectively, and required to be disclosed under ASU 2022-02, by class of financing receivable and by type of modification. The percentage of the amortized cost basis for each class of disclosed modifications as compared to the amortized cost basis of each class of loans is also presented below.Three Months Ended March 31, 2025Term ExtensionInterest Rate Reduction, Term Extension and Payment DelayTotal% Total Loans by ClassReal estate – commercial mortgage:Non-owner occupied$2,161 $— $2,161 0.05 %Total real estate – commercial mortgage2,161 — 2,161 0.03 Installment loans to individuals— 2 2 — Loans, net of unearned income$2,161 $2 $2,163 0.02 %Three Months Ended March 31, 2024Interest Rate ReductionTerm ExtensionPayment DelayTerm Extension and Payment DelayInterest Rate Reduction and Term ExtensionTotal% Total Loans by ClassCommercial, financial, agricultural$1,741 $165 $— $517 $— $2,423 0.13 %Real estate – 1-4 family mortgage:Primary— 33 246 — — 279 0.01 Real estate – commercial mortgage:Owner-occupied7,431 187 — — 270 7,888 0.47 Non-owner occupied— — 89 — — 89 — Total real estate – commercial mortgage7,431 187 89 — 270 7,977 0.14 Installment loans to individuals— — 14 — —