Income Statement (As Reported)

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Income Statement (As Reported)RENASANT CORPORATION (NASDAQ - RNST)  
 2011 Y2012 Y2013 Y2014 Y2015 Q1 YTD
Source Document12/31/201312/31/201412/31/201412/31/20143/31/2015
(in thousands)     
Consolidated Statements of Income 
Interest income 
Loans 142,218137,800158,947199,84447,437
Taxable 19,83113,12013,39717,0964,415
Tax-exempt 8,0958,1948,0129,0732,254
Other 54319924839660
Total interest income 170,687159,313180,604226,40954,166
Interest expense 
Deposits 31,72919,03017,05016,0693,438
Borrowings 9,6726,9456,3537,7111,886
Total interest expense 41,40125,97523,40323,7805,324
Net interest income 129,286133,338157,201202,62948,842
Provision for loan losses 22,35018,12510,3506,1671,075
Net interest income after provision for loan losses 106,936115,213146,851196,46247,767
Noninterest income 
Service charges on deposit accounts 19,11118,61220,53525,3835,933
Fees and commissions 13,12617,59519,96121,8734,894
Insurance commissions 3,2983,6304,9768,1941,967
Wealth management revenue 4,8646,9267,6548,6552,190
Net gains on sales of securities 5,0571,89454375NA
Other-than-temporary-impairment losses on securities available for sale (15,445)NANANANA
Non-credit related portion of other-than-temporary impairment on securities, recognized in other comprehensive income 15,183NANANANA
Net impairment losses on securities (262)NANANANA
BOLI income 2,8213,3704,0852,985848
Gains on sales of mortgage loans held for sale 4,13312,49911,5738,5944,633
Gain on acquisition 9,344NANANANA
Other 3,2074,1853,1334,5611,439
Total noninterest income 64,69968,71171,97180,62021,904
Noninterest expense 
Salaries and employee benefits 66,13581,00298,780115,10828,260
Data processing 7,2978,7248,87011,4003,181
Net occupancy and equipment 13,55214,59716,95720,2525,559
Other real estate owned 15,32613,5966,9664,593532
Professional fees 4,1734,2415,5404,485824
Advertising and public relations 4,0854,8355,6305,9231,303
Intangible amortization 1,7421,3812,8695,6061,275
Communications 4,5004,2125,1475,9491,433
Merger-related expenses 1,65106,027694478
Extinguishment of debt 1,90389800NA
Other 16,59616,97316,29017,1854,569
Total noninterest expense 136,960150,459173,076191,19547,414
Income before income taxes 34,67533,46545,74685,88722,257
Income taxes 9,0436,82812,25926,3057,017
Net income 25,63226,63733,48759,58215,240
Basic earnings per share
Diluted earnings per share
Cash dividends per common share 0.680.680.680.680.17
Consolidated Statements of Comprehensive Income 
Net income 25,63226,63733,48759,58215,240
Other comprehensive income, net of tax 
Net change in unrealized holding gains on securities 22,4433,305(6,869)7,7312,624
Non-credit related portion of other-than-temporary impairment on securities (9,376)000NA
Reclassification adjustment for gains (losses) realized in net income (2,961)(1,170)71(232)NA
Amortization of unrealized holding losses on securities transferred to the held to maturity category (617)(350)(215)(156)(32)
Total securities 9,4891,785(7,013)7,3432,592
Derivative instruments 
Net change in unrealized holding losses on derivative instruments 0(1,336)1,325(1,622)(669)
Reclassification adjustment for gains realized in net income (377)(311)(125)0NA
Totals derivative instruments (377)(1,647)1,200(1,622)(669)
Defined benefit pension and post-retirement benefit plans 
Net (loss) gain arising during the period (1,092)(756)1,957(1,529)NA
Amortization of net actuarial loss recognized in net periodic pension cost 27426438418357
Total defined benefit pension and post-retirement benefit plans (818)(492)2,341(1,346)57
Other comprehensive income, net of tax 8,294(354)(3,472)4,3751,980
Comprehensive income 33,92626,28330,01563,95717,220

Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

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