Company: RNST
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000715072-25-000211
Chunk: 19

Company: RENASANT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 19
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)66318,380 (13,739)67333,984 (14,376)Government agency collateralized mortgage obligations—— — 18311,494 (25,999)18311,494 (25,999)Commercial mortgage backed securities:Government agency mortgage backed securities—— — 114,570 (2,379)114,570 (2,379)Government agency collateralized mortgage obligations—— — 936,436 (6,371)936,436 (6,371)Other debt securities—— — 1047,181 (2,604)1047,181 (2,604)Total8$32,094 $(2,308)223$952,045 $(90,182)231$984,139 $(92,490)December 31, 2024Obligations of states and political subdivisions—$— $— 128$240,394 $(42,491)128$240,394 $(42,491)Residential mortgage backed securities:Government agency mortgage backed securities—— — 69347,154 (25,251)69347,154 (25,251)Government agency collateralized mortgage obligations—— — 18313,376 (41,506)18313,376 (41,506)Commercial mortgage backed securities:Government agency mortgage backed securities—— — 114,002 (2,958)114,002 (2,958)Government agency collateralized mortgage obligations—— — 936,345 (7,317)936,345 (7,317)Other debt securities—— — 1049,603 (4,080)1049,603 (4,080)Total—$— $— 235$1,000,874 $(123,603)235$1,000,874 $(123,603) The Company evaluates its available for sale investment securities in an unrealized loss position on a quarterly basis. If the Company intends to sell the security or it is more likely than not that it will be required to sell before recovery, the entire unrealized loss is recorded as a loss within noninterest income in the Consolidated Statements of Income along with a corresponding adjustment to the amortized cost basis of the security. If the Company does not intend to sell the security and it is not more likely than not that it will be required to sell the security