Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 232

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 232
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 113,275 Other real estate owned10,578 8,673 Total nonperforming assets$182,126 $121,948 Nonperforming loans to total loans0.90 %0.88 %Nonaccruing loans to total loans0.89 %0.88 %Nonperforming assets to total assets0.68 %0.68 %

The following table presents nonperforming loans by loan category as of the dates presented:

75

September 30,2025December 31, 2024September 30,2024Commercial, financial, agricultural$32,829 $2,000 $5,024 Lease financing638 4,083 614 Real estate – construction:Residential2,525 1,223 1,307 Commercial2,123 16 — Total real estate – construction4,648 1,239 1,307 Real estate – 1-4 family mortgage:Primary52,155 55,037 55,076 Home equity2,560 3,404 3,296 Rental/investment2,690 388 927 Land development49 1,760 22 Total real estate – 1-4 family mortgage57,454 60,589 59,321 Real estate – commercial mortgage:Owner-occupied29,877 12,679 9,610 Non-owner occupied45,144 29,280 39,944 Land development719 3,291 3,169 Total real estate – commercial mortgage75,740 45,250 52,723 Installment loans to individuals239 114 234 Total nonperforming loans$171,548 $113,275 $119,223 

Total nonperforming loans as a percentage of total loans were 0.90% as of September 30, 2025 as compared to 0.88% and 0.94% as of December 31, 2024 and September 30, 2024, respectively. The Company’s coverage ratio, or its allowance for credit losses on loans as a percentage of nonperforming loans, was 173.47% as of September 30, 2025 as compared to 178.11% as of December 31, 2024 and 168.07% as of September 30, 2024.

Management has evaluated loans