Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 3

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 3
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PART I. FINANCIAL INFORMATION

Item 1. FINANCIAL STATEMENTS

Renasant Corporation and Subsidiaries

Consolidated Balance Sheets

(In Thousands, Except Share Data)

(Unaudited)September 30,2025December 31, 2024AssetsCash and due from banks$284,485 $198,408 Interest-bearing balances with banks799,300 893,624 Cash and cash equivalents1,083,785 1,092,032 Securities held to maturity (fair value of $976,690 and $1,002,544, respectively)1,051,884 1,126,112 Securities available for sale, at fair value (amortized cost of $2,599,397 and $968,927, respectively)2,512,650 831,013 Loans held for sale, at fair value286,779 246,171 Loans held for investment, net of unearned income19,025,521 12,885,020 Allowance for credit losses on loans(297,591)(201,756)Loans, net18,727,930 12,683,264 Premises and equipment, net471,213 279,796 Other real estate owned, net10,578 8,673 Goodwill1,411,711 988,898 Other intangible assets, net155,077 14,105 Bank-owned life insurance488,920 391,810 Mortgage servicing rights, net65,466 72,991 Other assets460,172 300,003 Total assets$26,726,165 $18,034,868 Liabilities and shareholders’ equityLiabilitiesDepositsNoninterest-bearing$5,238,431 $3,403,981 Interest-bearing16,186,124 11,168,631 Total deposits21,424,555 14,572,612 Short-term borrowings606,063 108,018 Long-term debt558,878 430,614 Other liabilities310,891 245,306 Total liabilities22,900,387 15,356,550 Shareholders’ equityPreferred stock, $0.01 par value – 5,000,000 shares authorized; no shares issued and outstanding— — Common stock, $5.00 par value – 250,000,000 and 150,000,