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Renasant Corporation (Parent Company Only) Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Schedule of Balance Sheets | Balance Sheets
| December 31,
| 2024 |  | 2023
Assets |  |  |
Cash and cash equivalents(1) | $ | 405,782 |  |  | $ | 169,597 |
Investment in bank subsidiary(2) | 2,694,503 |  |  | 2,541,195 |
Accrued interest receivable on bank balances(2) | 27 |  |  | 27 |
Other assets | 30,726 |  |  | 37,268 |
Total assets | $ | 3,131,038 |  |  | $ | 2,748,087 |
Liabilities and shareholders’ equity |  |  |
Junior subordinated debentures | $ | 113,916 |  |  | $ | 112,978 |
Subordinated notes | 316,698 |  |  | 316,422 |
Other liabilities | 22,106 |  |  | 21,304 |
Shareholders’ equity | 2,678,318 |  |  | 2,297,383 |
Total liabilities and shareholders’ equity | $ | 3,131,038 |  |  | $ | 2,748,087 |
(1)Eliminates in consolidation, with the exception of $2,092 and $1,987 in 2024 and 2023, respectively, pledged for collateral and held at non-subsidiary bank (2)Eliminates in consolidation
Schedule of Statements of Income | Statements of Income
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Income |  |  |  |  |
Dividends from bank subsidiary(1) | $ | 75,907 |  |  | $ | 72,042 |  |  | $ | 68,114 |
Interest income from bank subsidiary(1) | 39 |  |  | 28 |  |  | 5 |
Other dividends | 270 |  |  | 260 |  |  | 134 |
Other income | 354 |  |  | 919 |  |  | 85 |
Total income | 76,570 |  |  | 73,249 |  |  | 68,338 |
Expenses | 30,768 |  |  | 30,544 |  |  | 24,264 |
Income before income tax benefit and equity in undistributed net income of bank subsidiary | 45,802 |  |  | 42,705 |  |  | 44,074 |
Income tax benefit | (7,842) |  |  | (7,577) |  |  | (6,231) |
Equity in undistributed net income of bank subsidiary(1) | 141,813 |  |  | 94,396 |  |  | 115,763 |
Net income | $ | 195,457 |  |  | $ | 144,678 |  |  | $ | 166,068 |
(1)Eliminates in consolidation
Schedule of Statements of Cash Flows | Statements of Cash Flows
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Operating activities |  |  |  |  |
Net income | $ | 195,457 |  |  | $ | 144,678 |  |  | $ | 166,068 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |
Equity in undistributed net income of bank subsidiary | (141,813) |  |  | (94,396) |  |  | (115,763) |
Amortization/depreciation | 1,425 |  |  | 1,770 |  |  | 1,478 |
Increase (decrease) in other assets | 6,540 |  |  | (8,824) |  |  | 284 |
Increase in other liabilities | 11,303 |  |  | 8,921 |  |  | 9,225 |
Net cash provided by operating activities | 72,912 |  |  | 52,149 |  |  | 61,292 |
Investing activities |  |  |  |  |
Sales and maturities of securities and available for sale | — |  |  | — |  |  | 2,000 |
Net cash provided by investing activities | — |  |  | — |  |  | 2,000 |
Financing activities |  |  |  |  |
Cash paid for dividends | (53,727) |  |  | (50,279) |  |  | (49,991) |
Repayment of long-term debt | — |  |  | — |  |  | (30,000) |
Proceeds from equity offering | 217,000 |  |  | — |  |  | — |
Net cash provided by (used in) financing activities | 163,273 |  |  | (50,279) |  |  | (79,991) |
Increase (decrease) in cash and cash equivalents | 236,185 |  |  | 1,870 |  |  | (16,699) |
Cash and cash equivalents at beginning of year | 169,597 |  |  | 167,727 |  |  | 184,426 |
Cash and cash equivalents at end of year | $ | 405,782 |  |  | $ | 169,597 |  |  | $ | 167,727 |

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