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Employee Benefit and Deferred Compensation Plans (Tables)
 12 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
Information relating to the defined benefit pension plan and post-retirement health and life plans Information relating to the defined benefit pension plan maintained by Renasant Bank (“Pension Benefits - Renasant”) and to the post-retirement health and life plan (“Other Benefits”) as of December 31, 2020 and 2019, including amounts attributable to participants in the VERP, is as follows:
 Pension Benefits RenasantOther Benefits
 2020201920202019
Change in benefit obligation
Benefit obligation at beginning of year$28,020 $24,945 $707 $881 
Service cost— — 6 7 
Interest cost984 1,176 13 31 
Plan participants’ contributions— — 52 60 
Amendments(1)
— — 486 — 
Actuarial loss (gain)3,239 3,671 21 (60)
Benefits paid(1)
(4,017)(1,772)(266)(212)
Benefit obligation at end of year$28,226 $28,020 $1,019 $707 
Change in fair value of plan assets
Fair value of plan assets at beginning of year$28,585 $25,206 
Actual return on plan assets5,981 5,151 
Contribution by employer— — 
Benefits paid(4,017)(1,772)
Fair value of plan assets at end of year$30,549 $28,585 
Funded status at end of year$2,323 $565 $(1,019)$(707)
Weighted-average assumptions as of December 31
Discount rate used to determine the benefit obligation2.44 %3.59 %1.77 %2.91 %
(1) Attributable to retiree medical benefits and $2,073 of accelerated defined benefit pension plan payouts in 2020 provided to VERP participants.
Plan expense for noncontributory benefit pension plan and post-retirement health and life plans
The components of net periodic benefit cost and other amounts recognized in other comprehensive income for the defined benefit pension and post-retirement health and life plans for the years ended December 31, 2020, 2019 and 2018 are as follows: 
 Pension Benefits RenasantOther Benefits
 202020192018202020192018
Service cost$— $— $— $6 $7 $8 
Interest cost984 1,176 1,043 13 31 31 
Expected return on plan assets(1,651)(1,450)(2,077)— — — 
Prior service cost recognized(1)
— — — 485 — — 
Recognized actuarial loss (gain)349 442 328 (90)(23)— 
Settlement/curtailment/termination losses(1)
567 — — — — — 
Net periodic benefit cost249 168 (706)414 15 39 
Net actuarial (gain) loss arising during the period(1,090)(31)(173)21 (60)(240)
Net Settlement/curtailment/termination losses(1)
(567)— — — — — 
New prior service cost(1)
— — — 485 — — 
Amortization of net actuarial (loss) gain recognized in net periodic pension cost(349)(442)(328)90 23 — 
Amortization of prior service cost(1)
— — — (485)— — 
Total recognized in other comprehensive income(2,006)(473)(501)111 (37)(240)
Total recognized in net periodic benefit cost and other comprehensive income$(1,757)$(305)$(1,207)$525 $(22)$(201)
Weighted-average assumptions as of December 31
Discount rate used to determine net periodic pension cost3.59 %4.56 %3.96 %2.91 %4.07 %3.37 %
Expected return on plan assets6.00 %6.00 %6.00 %N/AN/AN/A
(1) Attributable to retiree medical benefits and accelerated defined benefit pension plan payouts provided to VERP participants and, with respect to amounts included in Net periodic benefit cost, included in the “Restructuring charges” line item on the Consolidated Statements of Income.
Future estimated benefit payments under the defined benefit pension plan and post-retirement health and life plan
Future estimated benefit payments under the Renasant defined benefit pension plan and other benefits are as follows:
Pension Benefits RenasantOther
Benefits
2021$2,098 $360 
20222,089 209 
20232,059 147 
20242,036 81 
20251,992 62 
2026 - 20309,115 154 
Amounts recognized in accumulated other comprehensive income, net of tax
Amounts recognized in accumulated other comprehensive income, before tax, for the year ended December 31, 2020 are as follows:
Pension Benefits RenasantOther
Benefits
Prior service cost$— $— 
Actuarial loss (gain)7,082 (81)
Total$7,082 $(81)
Estimated costs that will be amortized from accumulated other comprehensive income into net periodic cost
The estimated costs that will be amortized from accumulated other comprehensive income into net periodic benefit cost over the next fiscal year are as follows:
Pension Benefits RenasantOther
Benefits
Prior service cost$— $— 
Actuarial loss (gain) 215 — 
Total$215 $— 
Fair values of defined benefit pension plan assets by category of the firm
Quoted Prices In
Active Markets
for Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Measured at NAVTotals
December 31, 2020
Cash and cash equivalents$779 $— $— $— $779 
Investments in collective trusts— — — 29,770 29,770 
$779 $— $— $29,770 $30,549 
Quoted Prices In
Active Markets
for Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Measured at NAVTotals
December 31, 2019
Cash and cash equivalents$39 $— $— $— $39 
Investments in collective trusts— — — 28,546 28,546 
$39 $— $— $28,546 $28,585 
Summarizes information about options issued under the long-term equity incentive plan
The following table summarizes information about options outstanding, exercised and forfeited as of and for the three years ended December 31, 2020, 2019 and 2018: 
 SharesWeighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Life		Aggregate
Intrinsic
Value
Outstanding at January 1, 201889,750 $15.67 
Granted— — 
Exercised(41,000)15.54 
Forfeited(5,000)15.32 
Outstanding at December 31, 201843,750 $15.84 2.63$627 
Exercisable at December 31, 201843,750 $15.84 2.63$627 
Granted— — 
Exercised(14,500)15.79 
Forfeited— — 
Outstanding at December 31, 201929,250 $15.86 1.94$574 
Exercisable at December 31, 201929,250 $15.86 1.94$574 
Granted— — 
Exercised(18,750)16.37 
Forfeited— — 
Outstanding at December 31, 202010,500 $14.96 1.00$191 
Exercisable at December 31, 202010,500 $14.96 1.00$191 
Summary of the changes in restricted stock The following table summarizes the changes in restricted stock as of and for the year ended December 31, 2020:
Performance-
Based
Restricted
Stock		Weighted
Average
Grant-Date
Fair Value		Time-
Based
Restricted
Stock		Weighted
Average
Grant-Date
Fair Value
Not vested at beginning of year115,725 $34.00 500,932 $36.34 
Awarded81,423 35.42 271,957 32.89 
Vested(40,567)40.89 (161,521)38.30 
Forfeited and cancelled(23,754)33.40 (62,952)35.46 
Not vested at end of year132,827 $32.88 548,416 $34.15