Company: RNST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000715072-25-000180
Chunk: 214

Company: RENASANT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 2
Chunk 214
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 income was $137,432 for the three months ended March 31, 2025, as compared to $125,850 for the same period in 2024. 

The following table sets forth average balance sheet data, including all major categories of interest-earning assets and interest-bearing liabilities, together with the interest earned or interest paid and the average yield or average rate paid on each such category on a tax-equivalent basis for the periods presented:

46

 Three Months Ended March 31, 20252024 AverageBalanceInterestIncome/ExpenseYield/RateAverageBalanceInterestIncome/ExpenseYield/RateAssetsInterest-earning assets:Loans held for investment$12,966,869 $199,504 6.24 %$12,407,976 $194,640 6.30 %Loans held for sale200,917 3,008 5.99 155,382 2,308 5.94 Securities:Taxable1,883,535 10,971 2.33 1,891,817 9,505 2.01 Tax-exempt(1)259,800 1,443 2.22 270,279 1,505 2.23 Interest-bearing balances with banks824,743 8,639 4.25 570,336 7,781 5.49 Total interest-earning assets16,135,864 223,565 5.61 15,295,790 215,739 5.66 Cash and due from banks181,869 188,503 Intangible assets1,002,511 1,009,825 Other assets669,392 708,895 Total assets$17,989,636 $17,203,013 Liabilities and shareholders’ equityInterest-bearing liabilities:Deposits:Interest-bearing demand(2)$7,835,617 $54,710 2.83 %$6,955,989 $52,500 3.03 %Savings deposits813,451 711 0.35 860,397 730 0.34 Brokered deposits— — — 445,608 5,987 5.39 Time deposits2,474,218 23,965 3.93 2,319,420 23,396 4.06 Total interest-bearing deposits11,123