Company: RNST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000715072-25-000180
Chunk: 110

Company: RENASANT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 110
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 securities held to maturity were as follows as of the dates presented:AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesFairValueMarch 31, 2025Obligations of states and political subdivisions$283,632 $— $(41,658)$241,974 Residential mortgage backed securitiesGovernment agency mortgage backed securities360,229 — (17,581)342,648 Government agency collateralized mortgage obligations347,015 — (26,960)320,055 Commercial mortgage backed securities:Government agency mortgage backed securities16,955 — (2,565)14,390 Government agency collateralized mortgage obligations43,298 — (6,606)36,692 Other debt securities50,804 — (3,066)47,738 $1,101,933 $— $(98,436)$1,003,497 Allowance for credit losses - held to maturity securities(32)Held to maturity securities, net of allowance for credit losses$1,101,901 AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesFairValueDecember 31, 2024Obligations of states and political subdivisions$284,542 $3 $(42,491)$242,054 Residential mortgage backed securitiesGovernment agency mortgage backed securities372,414 — (25,251)347,163 Government agency collateralized mortgage obligations354,882 — (41,506)313,376 Commercial mortgage backed securities:Government agency mortgage backed securities16,961 — (2,958)14,003 Government agency collateralized mortgage obligations43,662 — (7,317)36,345 Other debt securities53,683 — (4,080)49,603 $1,126,144 $3 $(123,603)$1,002,544 Allowance for credit losses - held to maturity securities(32)Held to maturity securities, net of allowance for credit losses$1,126,112 No securities were sold during the first quarter of 2025. With respect to the securities sold during the first three months ended March 31, 2024, which are presented in the table below, the Company intended to sell these securities as of December 31, 2023, and completed the sale in January 2024