Company: RNST
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000715072-25-000211
Chunk: 44

Company: RENASANT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 44
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 Financial Statements (Unaudited)

The following tables provide a roll-forward of the allowance for credit losses by loan category and a breakdown of the ending balance of the allowance based on the Company’s credit loss methodology for the periods presented:CommercialReal Estate -ConstructionReal Estate -1-4 FamilyMortgageReal Estate  -CommercialMortgageLease FinancingInstallmentLoans to IndividualsTotalThree Months Ended June 30, 2025Allowance for credit losses:Beginning balance$38,441 $16,561 $50,711 $88,080 $3,644 $6,494 $203,931 Initial impact of purchased credit deteriorated (“PCD”) loans acquired 7,140 1,997 264 14,090 — 2 23,493 Charge-offs(5,823)(105)(319)(3,944)(2,394)(394)(12,979)Recoveries627 — 37 116 4 141 925 Net charge-offs(5,196)(105)(282)(3,828)(2,390)(253)(12,054)Provision for (recovery of) credit losses on loans19,291 3,331 15,010 37,230 681 (143)75,400 Ending balance$59,676 $21,784 $65,703 $135,572 $1,935 $6,100 $290,770 Six Months Ended June 30, 2025Allowance for credit losses:Beginning balance$38,527 $15,126 $47,761 $90,204 $3,368 $6,770 $201,756 Initial impact of PCD loans acquired during the period7,140 1,997 264 14,090 — 2 23,493 Charge-offs(5,917)(105)(628)(4,405)(2,394)(659)(14,108)Recoveries1,585 — 70 122 13 389 2,179 Net charge-offs(4,332)(105)(558)(4,283)(2,381)(270)(11,929)Provision for (recovery of) credit losses on loans18,341 4,766 18,236 35,561 948 (402)77,450 Ending balance$