Company: RNST
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000715072-25-000054
Chunk: 6

Company: RENASANT CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 6
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 value246,171 179,756 Loans held for investment, net of unearned income12,885,020 12,351,230 Allowance for credit losses(201,756)(198,578)Loans, net12,683,264 12,152,652 Premises and equipment, net279,796 283,195 Other real estate owned, net8,673 9,622 Goodwill988,898 991,665 Other intangible assets, net14,105 18,795 Bank-owned life insurance391,810 382,584 Mortgage servicing rights72,991 91,688 Other assets300,003 304,484 Total assets$18,034,868 $17,360,535 Liabilities and shareholders’ equityLiabilitiesDepositsNoninterest-bearing$3,403,981 $3,583,675 Interest-bearing11,168,631 10,493,110 Total deposits14,572,612 14,076,785 Short-term borrowings108,018 307,577 Long-term debt430,614 429,400 Other liabilities245,306 249,390 Total liabilities15,356,550 15,063,152 Shareholders’ equityPreferred stock, $0.01 par value – 5,000,000 shares authorized; no shares issued and outstanding— — Common stock, $5.00 par value – 150,000,000 shares authorized; 66,484,225 shares issued; 63,565,690 and 56,142,207 shares outstanding, respectively332,421 296,483 Treasury stock, at cost, 2,918,535 and 3,154,518 shares, respectively(97,196)(105,249)Additional paid-in capital1,491,847 1,308,281 Retained earnings1,093,854 952,124 Accumulated other comprehensive loss, net of taxes(142,608)(154,256)Total shareholders’ equity2,678,318 2,297,383 Total liabilities and shareholders’ equity$18,034,868 $17,360,535 

See Notes to Consolidated Financial Statements.

68

Renasant Corporation and Subsidiaries

Consolidated Statements of Income 

(In Thousands, Except Share Data) Year Ended December 31, 202