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Employee Benefit and Deferred Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2023

Retirement Benefits [Abstract]

Schedule of Plan Expense for Non-Contributory Benefit Pension Plan and Post-Retirement Health and Life Plans

Information related to the defined benefit pension plan maintained by Renasant Bank (“Pension Benefits”) and to the post-retirement health and life plan (“Other Benefits”) as of the dates presented is as follows:

			Pension Benefits																		Other Benefits
			Three Months Ended																		Three Months Ended
			September 30,																		September 30,
			2023						2022																		2023						2022
Service cost			$	—					$	—																	$	—					$	1
Interest cost			249						185																		6						3
Expected return on plan assets			(309)						(421)																		—						—
Recognized actuarial loss (gain)			131						60																		(15)						(19)
Net periodic benefit cost (return)			$	71					$	(176)																	$	(9)					$	(15)

			Pension Benefits																		Other Benefits
			Nine Months Ended																		Nine Months Ended
			September 30,																		September 30,
			2023						2022																		2023						2022
Service cost			$	—					$	—																	$	—					$	3
Interest cost			746						554																		17						9
Expected return on plan assets			(927)						(1,263)																		—						—
Recognized actuarial loss (gain)			393						182																		(46)						(57)
Net periodic benefit cost (return)			$	212					$	(527)																	$	(29)					$	(45)

Schedule of The Changes in Stock Options and Restricted Stock

The following table summarizes the changes in restricted stock as of and for the nine months ended September 30, 2023:

						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						155,838						$	36.23					680,403						$	36.23
Awarded						81,867						35.57						335,917						35.49
Vested						—						—						(212,574)						34.78
Cancelled						—						—						(31,504)						35.67
Nonvested at end of period						237,705						$	36.01					772,242						$	36.33

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- 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

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-Topic 715
-SubTopic 20
-Subparagraph (h)
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
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Tabular disclosure of activity for outstanding award under share-based payment arrangement excluding share and unit options and nonvested award.

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-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
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