XML 44 R33.htm IDEA: XBRL DOCUMENT
v3.19.2

Allowance for Loan Losses (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Receivables [Abstract] |
Summary of total non purchased and purchased loans | The following is a summary of non purchased loans and leases as of the dates presented:
| June 30, 2019 |  | December 31, 2018
Commercial, financial, agricultural | $ | 930,598 |  |  | $ | 875,649 |
Lease financing | 62,026 |  |  | 64,992 |
Real estate – construction | 716,129 |  |  | 635,519 |
Real estate – 1-4 family mortgage | 2,160,617 |  |  | 2,087,890 |
Real estate – commercial mortgage | 2,741,402 |  |  | 2,628,365 |
Installment loans to individuals | 96,384 |  |  | 100,424 |
Gross loans | 6,707,156 |  |  | 6,392,839 |
Unearned income | (2,868 | ) |  | (3,127 | )
Loans, net of unearned income | $ | 6,704,288 |  |  | $ | 6,389,712 |
The following is a summary of purchased loans as of the dates presented:
| June 30, 2019 |  | December 31, 2018
Commercial, financial, agricultural | $ | 374,478 |  |  | $ | 420,263 |
Real estate – construction | 65,402 |  |  | 105,149 |
Real estate – 1-4 family mortgage | 604,855 |  |  | 707,453 |
Real estate – commercial mortgage | 1,276,567 |  |  | 1,423,144 |
Installment loans to individuals | 29,064 |  |  | 37,408 |
Gross loans | 2,350,366 |  |  | 2,693,417 |
Unearned income | — |  |  | — |
Loans, net of unearned income | $ | 2,350,366 |  |  | $ | 2,693,417 |
The following is a summary of total non purchased and purchased loans as of the dates presented:
| June 30, 2019 |  | December 31, 2018
Commercial, financial, agricultural | $ | 1,305,076 |  |  | $ | 1,295,912 |
Lease financing | 62,026 |  |  | 64,992 |
Real estate – construction | 781,531 |  |  | 740,668 |
Real estate – 1-4 family mortgage | 2,765,472 |  |  | 2,795,343 |
Real estate – commercial mortgage | 4,017,969 |  |  | 4,051,509 |
Installment loans to individuals | 125,448 |  |  | 137,832 |
Gross loans | 9,057,522 |  |  | 9,086,256 |
Unearned income | (2,868 | ) |  | (3,127 | )
Loans, net of unearned income | 9,054,654 |  |  | 9,083,129 |
Allowance for loan losses | (50,059 | ) |  | (49,026 | )
Net loans | $ | 9,004,595 |  |  | $ | 9,034,103 |
Roll forward of the allowance for loan losses | The following table provides a roll forward of the allowance for loan losses by loan category and a breakdown of the ending balance of the allowance based on the Company’s impairment methodology for the periods presented:
| Commercial |  | Real Estate - Construction |  | Real Estate - 1-4 Family Mortgage |  | Real Estate - Commercial Mortgage |  | Installment and Other(1) |  | Total
Three Months Ended June 30, 2019 |  |  |  |  |  |  |  |  |  |  |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 9,622 |  |  | $ | 4,778 |  |  | $ | 9,491 |  |  | $ | 24,643 |  |  | $ | 1,301 |  |  | $ | 49,835 |
Charge-offs | (694 | ) |  | — |  |  | (378 | ) |  | (167 | ) |  | (212 | ) |  | (1,451 | )
Recoveries | 241 |  |  | — |  |  | 115 |  |  | 366 |  |  | 53 |  |  | 775 |
Net recoveries (charge-offs) | (453 | ) |  | — |  |  | (263 | ) |  | 199 |  |  | (159 | ) |  | (676 | )
Provision for loan losses charged to operations | 365 |  |  | 524 |  |  | 388 |  |  | (540 | ) |  | 163 |  |  | 900 |
Ending balance | $ | 9,534 |  |  | $ | 5,302 |  |  | $ | 9,616 |  |  | $ | 24,302 |  |  | $ | 1,305 |  |  | $ | 50,059 |
| Commercial |  | Real Estate - Construction |  | Real Estate - 1-4 Family Mortgage |  | Real Estate - Commercial Mortgage |  | Installment and Other(1) |  | Total
Six Months Ended June 30, 2019 |  |  |  |  |  |  |  |  |  |  |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 8,269 |  |  | $ | 4,755 |  |  | $ | 10,139 |  |  | $ | 24,492 |  |  | $ | 1,371 |  |  | $ | 49,026 |
Charge-offs | (952 | ) |  | — |  |  | (875 | ) |  | (729 | ) |  | (432 | ) |  | (2,988 | )
Recoveries | 615 |  |  | 7 |  |  | 312 |  |  | 611 |  |  | 76 |  |  | 1,621 |
Net (charge-offs) recoveries | (337 | ) |  | 7 |  |  | (563 | ) |  | (118 | ) |  | (356 | ) |  | (1,367 | )
Provision for loan losses charged to operations | 1,602 |  |  | 540 |  |  | 40 |  |  | (72 | ) |  | 290 |  |  | 2,400 |
Ending balance | $ | 9,534 |  |  | $ | 5,302 |  |  | $ | 9,616 |  |  | $ | 24,302 |  |  | $ | 1,305 |  |  | $ | 50,059 |
Period-End Amount Allocated to: |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 1,191 |  |  | $ | 8 |  |  | $ | 188 |  |  | $ | 482 |  |  | $ | 4 |  |  | $ | 1,873 |
Collectively evaluated for impairment | 8,172 |  |  | 5,294 |  |  | 8,913 |  |  | 21,842 |  |  | 1,299 |  |  | 45,520 |
Purchased with deteriorated credit quality | 171 |  |  | — |  |  | 515 |  |  | 1,978 |  |  | 2 |  |  | 2,666 |
Ending balance | $ | 9,534 |  |  | $ | 5,302 |  |  | $ | 9,616 |  |  | $ | 24,302 |  |  | $ | 1,305 |  |  | $ | 50,059 |
(1) | Includes lease financing receivables.
| Commercial |  | Real Estate - Construction |  | Real Estate - 1-4 Family Mortgage |  | Real Estate - Commercial Mortgage |  | Installment and Other(1) |  | Total
Three Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 7,071 |  |  | $ | 4,198 |  |  | $ | 11,404 |  |  | $ | 21,914 |  |  | $ | 1,814 |  |  | $ | 46,401 |
Charge-offs | (457 | ) |  | — |  |  | (979 | ) |  | (46 | ) |  | (99 | ) |  | (1,581 | )
Recoveries | 114 |  |  | 3 |  |  | 83 |  |  | 496 |  |  | 29 |  |  | 725 |
Net (charge-offs) recoveries | (343 | ) |  | 3 |  |  | (896 | ) |  | 450 |  |  | (70 | ) |  | (856 | )
Provision for loan losses charged to operations | 418 |  |  | 501 |  |  | 1,149 |  |  | 86 |  |  | (344 | ) |  | 1,810 |
Ending balance | $ | 7,146 |  |  | $ | 4,702 |  |  | $ | 11,657 |  |  | $ | 22,450 |  |  | $ | 1,400 |  |  | $ | 47,355 |
| Commercial |  | Real Estate - Construction |  | Real Estate - 1-4 Family Mortgage |  | Real Estate - Commercial Mortgage |  | Installment and Other(1) |  | Total
Six Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 5,542 |  |  | $ | 3,428 |  |  | $ | 12,009 |  |  | $ | 23,384 |  |  | $ | 1,848 |  |  | $ | 46,211 |
Charge-offs | (1,116 | ) |  | — |  |  | (1,650 | ) |  | (659 | ) |  | (221 | ) |  | (3,646 | )
Recoveries | 349 |  |  | 7 |  |  | 216 |  |  | 604 |  |  | 54 |  |  | 1,230 |
Net (charge-offs) recoveries | (767 | ) |  | 7 |  |  | (1,434 | ) |  | (55 | ) |  | (167 | ) |  | (2,416 | )
Provision for loan losses charged to operations | 2,371 |  |  | 1,267 |  |  | 1,082 |  |  | (879 | ) |  | (281 | ) |  | 3,560 |
Ending balance | $ | 7,146 |  |  | $ | 4,702 |  |  | $ | 11,657 |  |  | $ | 22,450 |  |  | $ | 1,400 |  |  | $ | 47,355 |
Period-End Amount Allocated to: |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 417 |  |  | $ | — |  |  | $ | 76 |  |  | $ | 1,014 |  |  | $ | 8 |  |  | $ | 1,515 |
Collectively evaluated for impairment | 6,404 |  |  | 4,702 |  |  | 11,053 |  |  | 20,036 |  |  | 1,389 |  |  | 43,584 |
Purchased with deteriorated credit quality | 325 |  |  | — |  |  | 528 |  |  | 1,400 |  |  | 3 |  |  | 2,256 |
Ending balance | $ | 7,146 |  |  | $ | 4,702 |  |  | $ | 11,657 |  |  | $ | 22,450 |  |  | $ | 1,400 |  |  | $ | 47,355 |
(1) Includes lease financing receivables.
Investment in loans, net of unearned income on impairment methodology | The following table presents the fair value of loans purchased from Brand as of the September 1, 2018 acquisition date.
At acquisition date: |  | September 1, 2018
Contractually-required principal and interest |  | $ | 1,625,079 |
Nonaccretable difference |  | (123,399 | )
Cash flows expected to be collected |  | 1,501,680 |
Accretable yield |  | (170,651 | )
Fair value |  | $ | 1,331,029 |
The following table provides the recorded investment in loans, net of unearned income, based on the Company’s impairment methodology as of the dates presented:
| Commercial |  | Real Estate - Construction |  | Real Estate - 1-4 Family Mortgage |  | Real Estate - Commercial Mortgage |  | Installment and Other(1) |  | Total
June 30, 2019 |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 6,675 |  |  | $ | 9,565 |  |  | $ | 15,976 |  |  | $ | 7,789 |  |  | $ | 525 |  |  | $ | 40,530 |
Collectively evaluated for impairment | 1,274,775 |  |  | 771,966 |  |  | 2,706,816 |  |  | 3,888,483 |  |  | 180,739 |  |  | 8,822,779 |
Purchased with deteriorated credit quality | 23,626 |  |  | — |  |  | 42,680 |  |  | 121,697 |  |  | 3,342 |  |  | 191,345 |
Ending balance | $ | 1,305,076 |  |  | $ | 781,531 |  |  | $ | 2,765,472 |  |  | $ | 4,017,969 |  |  | $ | 184,606 |  |  | $ | 9,054,654 |
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 2,445 |  |  | $ | 10,043 |  |  | $ | 14,238 |  |  | $ | 8,059 |  |  | $ | 493 |  |  | $ | 35,278 |
Collectively evaluated for impairment | 1,264,324 |  |  | 730,625 |  |  | 2,732,862 |  |  | 3,903,012 |  |  | 194,774 |  |  | 8,825,597 |
Purchased with deteriorated credit quality | 29,143 |  |  | — |  |  | 48,243 |  |  | 140,438 |  |  | 4,430 |  |  | 222,254 |
Ending balance | $ | 1,295,912 |  |  | $ | 740,668 |  |  | $ | 2,795,343 |  |  | $ | 4,051,509 |  |  | $ | 199,697 |  |  | $ | 9,083,129 |
(1) Includes lease financing receivables.

X
- Definition Investment in loans, net of unearned income on impairment methodology. + References No definition available. + Details
Name: | rnst_InvestmentLoansNetOfUnearnedIncomeOnImpairmentMethodologyTableTextBlock
Namespace Prefix: | rnst_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration