Renasant corp (RNST)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest income
Loans

120,606

123,547

124,476

127,011

126,302

127,023

108,577

98,656

94,118

97,396

92,536

80,133

74,407

79,533

76,759

76,785

69,237

70,844

67,527

50,454

47,437

49,186

49,833

51,279

49,546

50,916

39,308

34,565

34,158

35,091

34,411

34,016

34,282

34,886

35,143

36,245

35,944

36,118

31,678

Securities
Taxable

7,302

7,002

7,218

7,730

7,925

7,622

6,632

5,700

3,994

4,491

5,061

4,627

4,352

3,718

3,717

4,654

4,462

4,392

4,193

4,026

4,415

2,044

4,144

6,665

4,243

3,893

3,282

3,431

2,791

2,620

2,677

3,813

4,010

4,208

4,718

5,342

5,563

5,454

5,238

Tax-exempt

1,454

1,485

1,292

1,291

1,409

1,530

1,592

1,649

1,685

2,149

2,400

2,310

2,574

2,436

2,425

2,465

2,488

2,491

2,529

2,246

2,254

4,306

2,308

270

2,189

2,168

2,001

1,896

1,947

1,938

2,033

2,095

2,128

1,843

2,053

2,069

2,130

1,594

1,413

Other

811

1,114

1,490

1,830

1,458

930

994

569

583

551

698

509

556

152

131

104

72

61

51

43

60

61

73

63

199

99

47

53

49

27

33

54

85

107

67

163

206

267

52

Total interest income

130,173

133,148

134,476

137,862

137,094

137,105

117,795

106,574

100,380

104,587

100,695

87,579

81,889

85,839

83,032

84,008

76,259

77,788

74,300

56,769

54,166

55,597

56,358

58,277

56,177

57,076

44,638

39,945

38,945

39,676

39,154

39,978

40,505

41,044

41,981

43,819

43,843

43,433

38,381

Interest expense
Deposits

18,494

19,718

21,514

20,991

19,772

17,226

13,556

10,919

8,059

7,323

6,834

5,314

5,149

4,838

4,638

4,420

3,960

3,374

3,615

3,227

3,499

3,792

3,915

4,136

4,373

4,630

4,313

4,095

4,080

4,195

4,447

4,969

5,419

6,120

6,751

8,776

10,082

12,485

10,446

Borrowings

5,077

4,545

4,137

4,071

4,175

4,422

4,800

3,266

3,081

4,002

3,844

2,662

2,725

2,952

2,663

2,431

2,245

2,063

2,073

1,928

1,886

1,935

1,971

1,972

1,833

1,846

1,577

1,446

1,484

1,528

1,575

1,599

2,243

2,351

2,319

2,377

2,625

3,831

4,255

Total interest expense

23,571

24,263

25,651

25,062

23,947

21,648

18,356

14,185

11,140

11,325

10,678

7,976

7,874

7,790

7,301

6,851

6,205

5,437

5,688

5,155

5,385

5,727

5,886

6,108

6,206

6,476

5,890

5,541

5,564

5,723

6,022

6,568

7,662

8,471

9,070

11,153

12,707

16,316

14,701

Net interest income

106,602

108,885

108,825

112,800

113,147

115,457

99,439

92,389

89,240

93,262

90,017

79,603

74,015

78,049

75,731

77,157

70,054

72,351

68,612

51,614

48,781

49,870

50,472

52,169

49,971

50,600

38,748

34,404

33,381

33,953

33,132

33,410

32,843

32,573

32,911

32,666

31,136

27,117

23,680

Provision for credit losses on loans

26,350

-

-

-

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

1,700

900

-

1,000

2,250

1,810

1,750

2,150

2,150

1,750

1,500

1,650

2,650

1,430

1,800

1,750

750

1,175

1,075

1,050

2,217

1,450

1,450

2,000

2,300

3,000

3,050

4,000

4,625

4,700

4,800

6,000

5,500

5,350

5,500

11,500

7,000

Net interest income after provision for credit losses on loans

80,252

105,935

107,125

111,900

111,647

114,457

97,189

90,579

87,490

91,112

87,867

77,853

72,515

76,399

73,081

75,727

68,254

70,601

67,862

50,439

47,706

48,820

48,255

50,719

48,521

48,600

36,448

31,404

30,331

29,953

28,507

28,710

28,043

26,573

27,411

27,316

25,636

15,617

16,680

Noninterest income
Service charges on deposit accounts

9,070

9,273

8,992

8,605

9,102

9,069

8,847

8,271

8,473

8,659

8,676

7,958

7,931

8,163

8,200

7,521

7,991

8,261

8,151

6,522

6,335

7,540

7,107

6,193

5,916

7,189

5,361

4,509

4,500

4,774

4,818

4,495

4,525

4,483

4,751

5,036

4,841

5,771

5,361

Fees and commissions

3,054

2,822

3,090

7,047

6,471

6,322

5,944

5,917

5,685

5,647

5,618

5,470

5,199

4,773

4,921

4,877

4,243

4,224

4,271

3,571

3,695

-2,352

5,877

5,515

4,972

-2,986

4,982

4,848

4,831

4,706

4,639

4,322

3,928

3,757

3,320

3,118

2,931

3,654

3,409

Insurance commissions

1,991

2,105

2,508

2,190

2,116

2,014

2,461

2,110

2,005

1,955

2,365

2,181

1,860

1,951

2,420

2,175

1,962

1,956

2,381

2,119

1,967

1,973

2,270

2,088

1,863

1,912

1,295

951

818

961

889

882

898

820

849

792

837

828

830

Wealth management revenue

4,002

3,920

3,588

3,601

3,324

3,446

3,386

3,446

3,262

3,000

2,963

3,037

2,884

2,849

3,040

2,872

2,891

2,609

2,833

2,210

2,156

2,034

2,197

2,170

2,144

2,044

2,091

1,715

1,724

1,726

1,707

1,551

1,942

1,525

1,144

1,139

1,056

562

632

Mortgage banking income

15,535

15,165

15,710

16,620

10,401

11,993

14,350

12,839

10,960

9,871

10,616

12,424

10,504

8,262

15,846

13,420

11,915

11,702

11,893

6,791

5,429

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sales of securities

0

0

343

-8

13

0

-16

0

0

-

57

-

-

0

0

1,257

-71

0

0

96

0

-

375

0

-

0

0

0

54

121

0

869

904

0

5,041

4

12

1,906

2,049

Net gain on sales of SBA loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other-than-temporary-impairment losses on securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,445

-

13,406

-

Non-credit related portion of other-than-temporary impairment on securities, recognized in other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,183

-

-10,491

-

Net impairment losses on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

262

-

2,915

-

BOLI income

1,163

1,628

1,734

1,340

1,407

1,318

1,186

1,195

945

1,119

1,136

985

1,113

1,706

979

996

954

943

1,110

710

849

697

811

746

731

816

1,904

635

730

916

689

654

1,111

726

617

883

595

529

738

Gains on sales of mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,635

2,006

1,585

-

2,788

3,870

3,565

4,431

4,397

2,390

1,281

662

1,371

949

1,151

1,774

994

Gain on acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

570

0

8,774

42,211

-

Other

2,755

2,543

1,988

2,565

3,051

2,212

1,895

1,803

2,623

2,099

1,982

2,210

2,530

2,551

2,866

2,468

3,417

1,837

1,440

770

1,439

1,331

1,291

753

1,405

717

514

789

1,113

356

916

1,115

1,798

956

732

721

798

214

331

Total noninterest income

37,570

37,456

37,953

41,960

35,885

36,374

38,053

35,581

33,953

32,441

33,413

34,265

32,021

30,255

38,272

35,586

33,302

31,442

32,079

22,879

21,870

19,859

22,563

19,471

18,616

18,304

18,935

17,317

17,335

17,991

18,055

16,278

16,387

12,929

18,395

12,380

20,995

54,534

14,344

Noninterest expense
Salaries and employee benefits

73,189

67,684

65,425

60,325

57,350

58,313

55,187

52,010

48,784

48,787

48,530

45,014

42,209

39,966

44,702

45,387

42,393

43,409

43,048

30,394

28,260

27,301

29,569

29,810

28,428

29,911

25,689

21,906

21,274

21,260

21,222

19,871

18,649

16,232

17,493

16,173

16,237

16,694

13,052

Data processing

5,006

5,095

4,980

4,698

4,906

5,169

4,614

4,600

4,244

4,226

4,179

3,835

4,234

4,503

4,560

4,502

4,158

4,003

3,819

3,199

3,230

3,119

2,906

2,850

2,695

2,546

2,236

2,045

2,043

2,281

2,192

2,211

2,040

1,925

1,927

1,657

1,788

1,703

1,580

Net occupancy and equipment

14,120

13,231

12,943

11,544

11,835

11,816

10,668

9,805

9,822

10,153

9,470

8,814

9,319

8,809

8,830

8,531

8,224

8,171

7,733

5,524

5,559

5,146

5,353

4,906

4,847

5,109

4,576

3,668

3,604

3,511

3,886

3,585

3,615

3,533

3,434

3,367

3,218

3,271

2,926

Other real estate owned

418

339

418

252

1,004

725

278

232

657

554

603

781

532

1,585

1,540

1,614

957

698

861

954

532

723

1,101

1,068

1,701

1,607

1,537

1,773

2,049

3,787

2,440

3,370

3,999

3,357

6,336

2,122

3,511

4,635

959

Professional fees

2,641

2,305

2,976

2,431

2,454

2,383

2,056

2,176

2,138

1,649

1,552

1,882

2,067

3,086

1,824

1,846

1,214

1,184

1,242

1,172

824

878

1,018

1,389

1,200

1,521

1,542

1,304

1,173

1,140

1,115

1,015

971

1,169

982

1,208

814

913

881

Advertising and public relations

3,400

2,775

3,318

2,648

2,866

2,372

2,242

2,647

2,203

2,424

1,802

2,430

1,592

2,040

1,661

1,742

1,637

1,761

1,567

1,481

1,303

1,374

1,133

1,888

1,528

1,380

1,514

1,246

1,490

1,120

1,216

1,302

1,197

831

1,134

1,124

996

1,159

978

Amortization of Intangible Assets

1,895

1,946

1,996

2,053

2,110

2,169

1,765

1,594

1,651

1,708

1,766

1,493

1,563

1,624

1,684

1,742

1,697

1,752

1,803

1,239

1,275

1,327

1,381

1,427

1,471

1,508

724

314

323

333

341

349

358

366

351

510

515

505

470

Communications

2,198

2,305

2,310

2,348

1,895

2,282

2,190

1,877

1,969

1,880

1,927

1,908

1,863

2,021

2,097

2,040

2,171

2,015

2,339

1,491

1,433

1,487

1,079

1,701

1,682

1,205

1,310

1,135

1,127

1,068

1,115

926

1,103

1,067

1,059

1,212

1,162

1,218

1,047

Merger and conversion related expenses

-

-

24

179

-

1,625

11,221

500

900

723

6,266

3,044

345

0

268

2,807

948

1,923

7,746

1,467

478

499

0

0

195

1,879

3,763

385

0

-

0

0

-

0

326

0

1,325

1,955

-

Gain (Loss) on Extinguishment of Debt

-

-

-54

-

-

-

0

-

-

0

0

0

-205

0

-2,210

-329

0

-

0

0

-

-

-

-

-

-

0

-

-

0

0

0

-898

-3,806

3,806

0

-1,903

-2,785

-

Other

12,174

-204

2,056

6,812

4,412

6,459

4,525

3,585

5,576

4,704

4,565

5,640

5,380

5,871

7,092

6,719

6,415

5,818

5,821

4,161

4,425

3,867

4,635

4,357

3,898

4,358

3,722

3,958

4,474

3,916

5,145

4,121

3,791

12,932

3,916

4,272

-4,524

-4,733

-4,295

Total noninterest expense

115,041

95,552

96,500

93,290

88,832

93,313

94,746

79,026

77,944

76,808

80,660

74,841

69,309

71,558

76,468

77,259

69,814

70,734

75,979

51,082

47,319

45,721

48,175

49,396

47,645

51,024

46,613

37,734

37,557

38,416

38,672

36,750

36,621

32,364

36,958

31,645

35,993

39,571

26,188

Income (loss) before income taxes

2,781

47,839

48,578

60,570

58,700

57,518

40,496

47,134

43,499

46,745

40,620

37,277

35,227

35,096

34,885

34,054

31,742

31,309

23,962

22,236

22,257

22,958

22,643

20,794

19,492

15,880

8,770

10,987

10,109

9,528

7,890

8,238

7,809

7,138

8,848

8,051

10,638

30,580

4,836

Income taxes

773

9,424

11,132

13,945

13,590

13,098

8,532

10,424

9,673

30,234

14,199

11,993

11,255

11,461

11,706

11,154

10,526

10,149

7,742

6,842

7,017

7,361

7,108

5,941

5,895

4,620

2,133

2,968

2,538

2,247

853

1,893

1,835

1,348

2,316

2,294

3,085

11,029

1,040

Net Income (Loss) Attributable to Parent

2,008

38,415

37,446

46,625

45,110

44,420

31,964

36,710

33,826

16,511

26,421

25,284

23,972

23,635

23,179

22,900

21,216

21,160

16,220

15,394

15,240

15,597

15,535

14,853

13,597

11,260

6,637

8,019

7,571

7,281

7,037

6,345

5,974

5,790

6,532

5,757

7,553

19,551

3,796

Basic earnings per share (usd per share)

0.04

0.67

0.65

0.80

0.77

0.76

0.61

0.74

0.69

0.32

0.54

0.57

0.54

0.56

0.55

0.54

0.53

0.52

0.40

0.49

0.48

0.50

0.49

0.47

0.43

0.37

0.24

0.32

0.30

0.29

0.28

0.25

0.24

0.23

0.26

0.23

0.30

0.81

0.18

Diluted earnings per share (usd per share)

0.04

0.67

0.64

0.80

0.77

0.76

0.61

0.74

0.68

0.32

0.53

0.57

0.54

0.56

0.55

0.54

0.52

0.52

0.40

0.48

0.48

0.49

0.49

0.47

0.43

0.36

0.24

0.32

0.30

0.29

0.28

0.25

0.24

0.23

0.26

0.23

0.30

0.81

0.18

Cash dividends per common share (usd per share)

0.22

0.22

0.22

0.22

0.21

0.21

0.20

0.20

0.19

0.19

0.18

0.18

0.18

0.18

0.18

0.18

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17