Company: RNST
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000715072-25-000211
Chunk: 187

Company: RENASANT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 187
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 securities transferred to the held to maturity category6,527 1,668 4,859 Total securities available for sale983 290 693 Derivative instruments:Unrealized holding losses on derivative instruments(953)(242)(711)Total derivative instruments(953)(242)(711)Defined benefit pension and post-retirement benefit plans:Amortization of net actuarial loss recognized in net periodic pension cost211 53 158 Total defined benefit pension and post-retirement benefit plans211 53 158 Total other comprehensive income$241 $101 $140 The accumulated balances for each component of other comprehensive loss, net of tax, were as follows as of the dates presented: June 30,2025December 31, 2024Unrealized losses on securities$(121,828)$(152,934)Unrealized gains on derivative instruments14,742 17,429 Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations(6,955)(7,103)Total accumulated other comprehensive loss$(114,041)$(142,608)

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

Note 14 – Net Income Per Common Share

(In Thousands, Except Share and Per Share Data)Basic net income per common share is calculated by dividing net income by the weighted-average number of common shares outstanding for the period. Diluted net income per common share reflects the pro forma dilution of shares outstanding, assuming outstanding service-based restricted stock awards fully vested, calculated in accordance with the treasury method. Basic and diluted net income per common share calculations are as follows for the periods presented: Three Months Ended June 30, 20252024BasicNet income applicable to common stock$1,018 $38,846 Average common shares outstanding94,580,927 56,342,909 Net income per common share - basic$0.01 $0.69 DilutedNet income applicable to common stock$1,018 $38,846 Average common shares outstanding94,580,927 56,342,909 Effect of dilutive stock-based compensation555,233 341,717 Average common shares outstanding - diluted95,136,160 56,684,626 Net income per common share - diluted$0.01 $0.69 Six Months Ended June 30, 20252024BasicNet income applicable