Company: RNST
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000715072-25-000054
Chunk: 102

Company: RENASANT CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 102
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Total loans, net of unearned income$12,885,020 100.00 %$12,351,230 100.00 %

Loan concentrations exist when there are amounts loaned to a number of borrowers engaged in similar activities that would cause them to be similarly impacted by economic or other conditions. At December 31, 2024 and 2023, there were no concentrations of loans exceeding 10% of total loans other than loans disclosed in the table above.  

39

The following table sets forth loans held for investment, net of unearned income, outstanding at December 31, 2024, which, based on remaining contractually-scheduled repayments of principal, are due in the periods indicated. Loans with balloon payments and longer amortizations are often repriced and extended beyond the initial maturity when credit conditions remain satisfactory. Demand loans, loans having no stated schedule of repayments and no stated maturity, and overdrafts are reported below as due in one year or less. See “Risk Management – Credit Risk and Allowance for Credit Losses on Loans and Unfunded Commitments” in this Item 7 for information regarding the risk elements applicable to, and a summary of our loan loss experience with respect to, the loans in each of the categories listed below.

One Year or Less After One YearThrough Five YearsAfter Five Years Through Fifteen YearsAfter Fifteen YearsTotalCommercial, financial, agricultural$1,326,851 $472,565 $86,116 $285 $1,885,817 Lease financing, net of unearned income1,982 62,985 25,624 — 90,591 Real estate – construction:Residential184,178 5,249 42,520 24,708 256,655 Commercial768,722 56,732 9,619 1,925 836,998 Total real estate – construction952,900 61,981 52,139 26,633 1,093,653 Real estate – 1-4 family mortgage:Primary199,628 525,684 896,711 806,053 2,428,076 Home equity540,152 2,879 1,046 81 544,158 Rental/investment95,919 290,406 16,289 324 402,938 Land development102,306 11,136 263