Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 111

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 111
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%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 classified as nonperforming and believes that all nonperforming loans have been adequately reserved for in the allowance for credit losses at September 30, 2025. Management also continually monitors past due loans for potential credit quality deterioration. Total loans 30-89 days past due but still accruing interest were