Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 177

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 177
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 interest rate4.54 %4.13 %Weighted-average servicing fee (basis points)33.96 36.06 Weighted-average remaining maturity (in years)7.07.5 

The Company recorded servicing fees of $2,841 and $3,594 for the three months ended September 30, 2025 and 2024, respectively, and $9,498 and $11,463 for the nine months ended September 30, 2025 and 2024, respectively, all of which are included in “Mortgage banking income” in the Consolidated Statements of Income. 

Note 9 - Employee Benefit and Deferred Compensation Plans

(In Thousands, Except Share Data)Pension and Post-retirement Medical PlansThe Company sponsors a noncontributory defined benefit pension plan, under which participation and benefit accruals ceased as of December 31, 1996, and it provides retiree medical benefits, consisting of the opportunity to purchase coverage at subsidized rates under the Company’s group medical plan.Information related to the defined benefit pension plan maintained by Renasant Bank (“Pension Benefits”) and to the post-retirement health and life plan (“Other Benefits”) as of the dates presented is as follows:Pension BenefitsOther BenefitsThree Months EndedThree Months Ended September 30,September 30, 2025202420252024Interest cost$237 $227 $5 $5 Expected return on plan assets(267)(249)— — Recognized actuarial loss (gain)121 129 (22)(23)Net periodic benefit cost (return)$91 $107 $(17)$(18)Pension BenefitsOther BenefitsNine Months EndedNine Months Ended September 30,September 30, 2025202420252024Interest cost$711 $681 $15 $16 Expected return on plan assets(801)(745)— — Recognized actuarial loss (gain)364 387 (66)(70)Net periodic benefit cost (return)$274 $323 $(51)$(54)Incentive Compensation Plans

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

The Company maintains the 2020 Long-Term Incentive Compensation Plan, a long-term equity compensation plan that provides for the award of restricted stock and the grant of stock options. The Company awards performance-based restricted stock to executives and