XML 47 R34.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Employee Benefit and Deferred Compensation Plans (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract] |
Plan expense for non-contributory benefit pension plan and post-retirement health and life plans | The plan expense for the legacy Renasant defined benefit pension plan (“Pension Benefits - Renasant”), the assumed HeritageBank defined pension plan (“Pension Benefits - HeritageBank”) and post-retirement health and life plans (“Other Benefits”) for the periods presented was as follows:
| Pension Benefits |  | Pension Benefits |  |
| Renasant |  | HeritageBank |  | Other Benefits
| Three Months Ended |  | Three Months Ended |  | Three Months Ended
| March 31, |  | March 31, |  | March 31,
| 2017 |  | 2016 |  | 2017 |  | 2016 |  | 2017 |  | 2016
Service cost | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 3 |  |  | $ | 4 |
Interest cost | 293 |  |  | 306 |  |  | — |  |  | 69 |  |  | 13 |  |  | 14 |
Expected (return) on plan assets | (484 | ) |  | (469 | ) |  | — |  |  | (45 | ) |  | — |  |  | — |
Prior service cost recognized | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Recognized actuarial loss | 100 |  |  | 100 |  |  | — |  |  | — |  |  | 13 |  |  | 17 |
Settlement/curtailment/termination gains | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net periodic benefit (return) cost | $ | (91 | ) |  | $ | (63 | ) |  | $ | — |  |  | $ | 24 |  |  | $ | 29 |  |  | $ | 35 |
Schedule of other share-based compensation activity | The following table summarizes the changes in stock options as of and for the three months ended March 31, 2017:
|  | Shares |  | Weighted Average Exercise Price
Options outstanding at beginning of period |  | 185,625 |  |  | $ | 15.97 |
Granted |  | — |  |  | — |
Exercised |  | (43,250 | ) |  | 15.69 |
Forfeited |  | — |  |  | — |
Options outstanding at end of period |  | 142,375 |  |  | $ | 16.06 |
The following table summarizes the changes in restricted stock as of and for the three months ended March 31, 2017:
|  | Performance-Based Restricted Stock |  | Weighted Average Grant-Date Fair Value |  | Time- Based Restricted Stock |  | Weighted Average Grant-Date Fair Value
Nonvested at beginning of period |  | — |  |  | $ | — |  |  | 117,345 |  |  | $ | 31.76 |
Awarded |  | 54,450 |  |  | 42.22 |  |  | 75,725 |  |  | 42.22 |
Vested |  | — |  |  | — |  |  | (30,500 | ) |  | 31.65 |
Cancelled |  | — |  |  | — |  |  | — |  |  | — |
Nonvested at end of period |  | 54,450 |  |  | $ | 42.22 |  |  | 162,570 |  |  | $ | 36.65 |

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in other outstanding share-based compensation awards other than stock options or nonvested awards. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfOtherShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration