Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 24

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 24
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Lease financing78,964 95,071 Real estate – construction:Residential404,651 256,655 Commercial1,122,839 836,998 Total real estate – construction1,527,490 1,093,653 Real estate – 1-4 family mortgage:Primary3,061,356 2,428,076 Home equity739,786 544,158 Rental/investment841,515 402,938 Land development239,955 113,705 Total real estate – 1-4 family mortgage4,882,612 3,488,877 Real estate – commercial mortgage:Owner-occupied3,321,186 1,894,679 Non-owner occupied6,120,677 4,226,937 Land development223,212 114,452 Total real estate – commercial mortgage9,665,075 6,236,068 Installment loans to individuals115,675 90,014 Gross loans19,030,306 12,889,500 Unearned income(4,785)(4,480)Loans, net of unearned income$19,025,521 $12,885,020 Past Due and Nonaccrual LoansLoans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Generally, the recognition of interest on loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Consumer and other retail loans are typically charged-off no later than the time the loan is 120 days past due. In all cases, loans are placed on nonaccrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. Loans may be placed on nonaccrual status regardless of whether or not such loans are considered past due. For loans that are placed on nonaccrual status or charged-off, all interest accrued for the current year but not collected is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. No interest income was recognized on nonaccrual loans for the three and nine months ended September 30, 2025 and