Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 136

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 136
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30, 2025 and 2024 of the Company as though the merger with The First had been completed as of January 1, 2024. The unaudited pro forma information combines the historical results of The First with the Company’s historical consolidated results and applies the impact of purchase accounting adjustments 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.

11

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