Company: RNST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000715072-25-000180
Chunk: 52

Company: RENASANT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 52
---
 sale measured at fair value as of March 31, 2025 and December 31, 2024: AggregateFair ValueAggregateUnpaidPrincipalBalanceDifferenceMarch 31, 2025Mortgage loans held for sale measured at fair value$226,003 $221,197 $4,806 December 31, 2024Mortgage loans held for sale measured at fair value$246,171 $244,218 $1,953 Fair Value of Financial InstrumentsThe carrying amounts and estimated fair values of the Company’s financial instruments, including those assets and liabilities that are not measured and reported at fair value on a recurring basis or nonrecurring basis, were as follows as of the dates presented:   Fair ValueAs of March 31, 2025CarryingValueLevel 1Level 2Level 3TotalFinancial assetsCash and cash equivalents$1,091,339 $1,091,339 $— $— $1,091,339 Securities held to maturity1,101,901 — 1,003,497 — 1,003,497 Securities available for sale1,002,056 — 1,002,056 — 1,002,056 Loans held for sale226,003 — 226,003 — 226,003 Loans, net12,851,662 — — 12,595,656 12,595,656 Mortgage servicing rights72,902 — — 93,372 93,372 Derivative instruments37,562 — 37,562 — 37,562 Financial liabilitiesDeposits$14,772,095 $12,308,196 $2,456,050 $— $14,764,246 Short-term borrowings108,015 108,015 — — 108,015 Junior subordinated debentures114,150 — 101,251 — 101,251 Subordinated notes319,159 — 306,888 — 306,888 Derivative instruments31,477 — 31,477 — 31,477  

34

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

  Fair ValueAs of December 31, 2024CarryingValueLevel 1