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Renasant Corporation (Parent Company Only) Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Balance Sheets | Balance Sheets
| December 31,
| 2016 |  | 2015
Assets |  |  |
Cash and cash equivalents(1) | $ | 121,233 |  |  | $ | 11,107 |
Investments | 4,327 |  |  | 9,711 |
Investment in bank subsidiary(2) | 1,291,686 |  |  | 1,101,580 |
Accrued interest receivable on bank balances(2) | 5 |  |  | 5 |
Intercompany receivable(2) | 2,771 |  |  | 2,450 |
Other assets | 11,508 |  |  | 10,560 |
Total assets | $ | 1,431,530 |  |  | $ | 1,135,413 |
Liabilities and shareholders’ equity |  |  |
Junior subordinated debentures | $ | 95,643 |  |  | $ | 95,095 |
Subordinated notes | 98,127 |  |  | — |
Other liabilities | 4,877 |  |  | 3,500 |
Shareholders’ equity | 1,232,883 |  |  | 1,036,818 |
Total liabilities and shareholders’ equity | $ | 1,431,530 |  |  | $ | 1,135,413 |
(1) | Eliminates in consolidation, with the exception of $1,970 pledged for collateral and held at non-subsidiary bank in 2015
(2) | Eliminates in consolidation
Statements of Income | Statements of Income
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Income |  |  |  |  |
Dividends from bank subsidiary(1) | $ | 29,733 |  |  | $ | 24,557 |  |  | $ | 21,518 |
Interest income from bank subsidiary(1) | 8 |  |  | 7 |  |  | 8 |
Other dividends | 469 |  |  | 266 |  |  | 749 |
Other income | 1,275 |  |  | 58 |  |  | 71 |
Total income | 31,485 |  |  | 24,888 |  |  | 22,346 |
Expenses | 9,036 |  |  | 6,823 |  |  | 5,513 |
Income before income tax benefit and equity in undistributed net income of bank subsidiary | 22,449 |  |  | 18,065 |  |  | 16,833 |
Income tax benefit | (2,890 | ) |  | (2,521 | ) |  | (1,846 | )
Equity in undistributed net income of bank subsidiary(1) | 65,591 |  |  | 47,428 |  |  | 40,903 |
Net income | $ | 90,930 |  |  | $ | 68,014 |  |  | $ | 59,582 |
(1) | Eliminates in consolidation
Statements of Cash Flows | Statements of Cash Flows
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Operating activities |  |  |  |  |
Net income | $ | 90,930 |  |  | $ | 68,014 |  |  | $ | 59,582 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |
Gain on sale of securities | (1,186 | ) |  | — |  |  | (375 | )
Equity in undistributed net income of bank subsidiary | (65,591 | ) |  | (47,428 | ) |  | (40,903 | )
Amortization/depreciation/accretion | 560 |  |  | 579 |  |  | 385 |
(Increase) decrease in other assets | (556 | ) |  | (1,377 | ) |  | 1,345 |
Increase in other liabilities | 564 |  |  | 1,088 |  |  | 2,591 |
Net cash provided by operating activities | 24,721 |  |  | 20,876 |  |  | 22,625 |
Investing activities |  |  |  |  |
Purchases of securities held to maturity and available for sale | (1,380 | ) |  | (2,183 | ) |  | (1,781 | )
Sales and maturities of securities held to maturity and available for sale | 6,101 |  |  | 1,089 |  |  | 1,142 |
Investment in subsidiaries | (75,000 | ) |  | — |  |  | — |
Net cash received in acquisition | — |  |  | 5,292 |  |  | — |
Other investing activities | — |  |  | — |  |  | (64 | )
Net cash (used in) provided by investing activities | (70,279 | ) |  | 4,198 |  |  | (703 | )
Financing activities |  |  |  |  |
Cash paid for dividends | (29,734 | ) |  | (24,557 | ) |  | (21,518 | )
Cash received on exercise of stock-based compensation | 415 |  |  | 102 |  |  | 401 |
Excess tax benefits from exercise of stock options | 2,771 |  |  | 520 |  |  | 940 |
Repayments of advances from bank subsidiary | — |  |  | — |  |  | (1,500 | )
Proceeds from issuance of long-term debt | 98,127 |  |  | — |  |  | — |
Proceeds from equity offering | 84,105 |  |  | — |  |  | — |
Net cash provided by (used in) financing activities | 155,684 |  |  | (23,935 | ) |  | (21,677 | )
Increase in cash and cash equivalents | 110,126 |  |  | 1,139 |  |  | 245 |
Cash and cash equivalents at beginning of year | 11,107 |  |  | 9,968 |  |  | 9,723 |
Cash and cash equivalents at end of year | $ | 121,233 |  |  | $ | 11,107 |  |  | $ | 9,968 |

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