Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 15

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 15
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 such as loan discount accretion, deposit amortization and intangible assets amortization as if the merger was completed as of January 1, 2024. It excludes $20,479 of merger-related expenses and $66,612 of Day 1 acquisition provision expense from the second quarter of 2025 and instead includes such expenses in the first quarter of 2024. The pro forma information is not necessarily indicative of what would have occurred had the acquisition taken place on January 1, 2024. The pro forma information does not include the effect of any cost-saving or revenue-enhancing strategies. Other than the aforementioned $20,479 in merger-related expenses, which were attributed to the first quarter of 2024, merger expenses are reflected in the period in which they were incurred.(Unaudited)(Unaudited)Three Months EndedNine Months Ended September 30,September 30, 2025202420252024Net interest income - pro forma $214,571 $210,037 $639,871 $620,429 Noninterest income - pro forma $46,026 $99,012 $139,289 $200,096 Noninterest expense - pro forma $183,830 $175,935 $548,533 $516,469 Net income - pro forma $50,839 $98,877 $173,055 $175,698 Earnings per share - pro forma:Basic$0.54 $1.07 $1.83 $1.96 Diluted$0.53 $1.06 $1.81 $1.95 The Company has determined it is impracticable to disclose stand-alone revenues and earnings for legacy The First since April 1, 2025 due to the merging of certain processes during the second quarter of 2025.

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

Note 3 – Securities

(In Thousands, Except Number of Securities)The amortized cost and fair value of securities available for sale were as follows as of the dates presented in the tables below.  There was no allowance for credit losses allocated to any of the Company’s available for sale securities as of September 30, 2025 or December 31, 2024. AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesFairValueSeptember