Renasant (RNST) 10-K 24 Feb 23 2022 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2022	Feb. 17, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-13253
Entity Registrant Name	RENASANT CORP
Entity Incorporation, State or Country Code	MS
Entity Tax Identification Number	64-0676974
Entity Address, Address Line One	209 Troy Street,
Entity Address, City or Town	Tupelo,
Entity Address, State or Province	MS
Entity Address, Postal Zip Code	38804-4827
City Area Code	662
Local Phone Number	680-1001
Title of 12(b) Security	Common stock, $5.00 par value per share
Trading Symbol	RNST
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 1,566,298,894
Entity Common Stock, Shares Outstanding		56,018,496
Documents Incorporated by Reference	Portions of the Proxy Statement for the 2023 Annual Meeting of Shareholders of Renasant Corporation are incorporated by reference into Part III of this Form 10-K.
Entity Central Index Key	0000715072
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Audit Information [Abstract]
Auditor Name	Horne LLP
Auditor Location	Memphis, TN
Auditor Firm ID	171

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 193,513	$ 182,710
Interest-bearing balances with banks	382,479	1,695,255
Cash and cash equivalents	575,992	1,877,965
Securities held to maturity (net of allowance for credit losses of $32 at both December 31, 2022 and 2021) (fair value of $1,206,540 and $415,552, respectively)	1,324,040	416,357
Securities available for sale, at fair value	1,533,942	2,386,052
Loans held for sale, at fair value	110,105	453,533
Loans, net of unearned income:
Loans held for investment, net of unearned income	11,578,304	10,020,914
Allowance for credit losses	(192,090)	(164,171)
Loans, net	11,386,214	9,856,743
Premises and equipment, net	283,595	293,122
Other real estate owned:
Other real estate owned, net	1,763	2,540
Goodwill	991,708	939,683
Other intangible assets, net	24,176	24,098
Bank-owned life insurance	373,808	287,359
Mortgage servicing rights	84,448	89,018
Other assets	298,385	183,841
Total assets	16,988,176	16,810,311
Deposits
Noninterest-bearing	4,558,756	4,718,124
Interest-bearing	8,928,210	9,187,600
Total deposits	13,486,966	13,905,724
Short-term borrowings	712,232	13,947
Long-term debt	428,133	471,209
Other liabilities	224,829	209,578
Total liabilities	14,852,160	14,600,458
Shareholders’ equity
Preferred stock, $0.01 par value – 5,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock, $5.00 par value – 150,000,000 shares authorized; 59,296,725 shares issued; 55,953,104 and 55,756,233 shares outstanding, respectively	296,483	296,483
Treasury stock, at cost, 3,343,621 and 3,540,492 shares, respectively	(111,577)	(118,027)
Additional paid-in capital	1,302,422	1,300,192
Retained earnings	857,725	741,648
Accumulated other comprehensive loss, net of taxes	(209,037)	(10,443)
Total shareholders’ equity	2,136,016	2,209,853
Total liabilities and shareholders’ equity	$ 16,988,176	$ 16,810,311

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for credit losses - held to maturity securities	$ 32	$ 32
Securities held to maturity	$ 1,206,540	$ 415,552
Preferred stock, par value (usd per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (usd per share)	$ 5	$ 5
Common stock, shares authorized (in shares)	150,000,000	150,000,000
Common stock, shares issued (in shares)	59,296,725	59,296,725
Common stock, shares outstanding (in shares)	55,953,104	55,756,233
Treasury stock (in shares)	3,343,621	3,540,492

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Interest income
Loans	$ 479,910	$ 435,464	$ 466,432
Securities
Taxable	45,523	24,732	24,224
Tax-exempt	7,524	6,800	6,287
Other	8,853	1,689	1,189
Total interest income	541,810	468,685	498,132
Interest expense
Deposits	35,208	28,976	54,016
Borrowings	25,304	15,708	17,319
Total interest expense	60,512	44,684	71,335
Net interest income	481,298	424,001	426,797
Provision for (recovery of) credit losses on loans	23,788	(1,700)	85,350
Provision for credit losses on held to maturity securities	0	32	0
Provision for other credit losses	0	0	1,500
Provision for (recovery of) credit losses	23,788	(1,668)	86,850
Net interest income after provision for credit losses	457,510	425,669	339,947
Noninterest income
Service charges on deposit accounts	39,957	36,569	31,326
Fees and commissions	17,268	15,732	13,043
Insurance commissions	10,754	9,841	8,990
Wealth management revenue	22,339	20,455	16,504
Mortgage banking income	35,794	109,604	150,499
Swap termination gains	0	4,676	0
Net gains on sales of securities	0	2,170	46
BOLI income	9,267	7,366	5,627
Other	13,874	20,571	9,497
Total noninterest income	149,253	226,984	235,532
Noninterest expense
Salaries and employee benefits	261,654	280,627	302,388
Data processing	14,900	21,726	20,685
Net occupancy and equipment	44,819	46,837	54,080
Other real estate owned	(453)	253	2,754
Professional fees	11,872	11,776	11,293
Advertising and public relations	14,325	12,203	10,322
Intangible amortization	5,122	6,042	7,121
Communications	7,958	8,869	8,866
Merger and conversion related expenses	1,787	0	0
Restructuring charges	732	368	7,365
Swap termination charges	0	0	2,040
Debt prepayment penalty	0	6,123	121
Other	32,739	35,002	44,953
Total noninterest expense	395,455	429,826	471,988
Income before income taxes	211,308	222,827	103,491
Income taxes	45,240	46,935	19,840
Net income (loss)	$ 166,068	$ 175,892	$ 83,651
Basic earnings per share (usd per share)	$ 2.97	$ 3.13	$ 1.49
Diluted earnings per share (usd per share)	2.95	3.12	1.48
Cash dividends per common share (usd per share)	$ 0.88	$ 0.88	$ 0.88

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 166,068	$ 175,892	$ 83,651
Securities available for sale:
Unrealized holding (losses) gains on securities	(214,351)	(38,371)	20,717
Reclassification adjustment for gains realized in net income	0	(1,618)	(34)
Amortization of unrealized holding losses (gains) on securities transferred to the held to maturity category	3,701	(54)	0
Total securities available for sale	(210,650)	(40,043)	20,683
Derivative instruments:
Unrealized holding gains on derivative instruments	14,993	8,087	688
Reclassification adjustment for (gains) losses realized in net income related to swap termination	0	(3,486)	1,521
Total derivative instruments	14,993	4,601	2,209
Defined benefit pension and post-retirement benefit plans:
Net (loss) gain arising during the period	(3,062)	(264)	797
Reclassification adjustment for settlement loss related to the voluntary early retirement program realized in net income	0	0	422
New prior service cost	0	0	(362)
Amortization of net actuarial loss recognized in net periodic pension cost	125	195	193
Amortization of prior service cost	0	0	362
Total defined benefit pension and post-retirement benefit plans	(2,937)	(69)	1,412
Other comprehensive (loss) income, net of tax	(198,594)	(35,511)	24,304
Comprehensive (loss) income	$ (32,526)	$ 140,381	$ 107,955

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Retained Earnings Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2019			56,855,002
Beginning balance at Dec. 31, 2019	$ 2,125,689	$ (35,099)	$ 296,483	$ (83,189)	$ 1,294,276	$ 617,355	$ (35,099)	$ 764
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	83,651					83,651
Other comprehensive income (loss)	24,304							24,304
Comprehensive loss	107,955
Repurchase of shares in connection with stock repurchase program (in shares)			(818,886)
Repurchase of shares in connection with stock repurchase program	(24,569)			(24,569)
Cash dividends	(50,134)					(50,134)
Issuance of common stock for stock-based compensation awards (in shares)			164,371
Issuance of common stock for stock-based compensation awards	(1,686)			6,204	(7,890)
Stock-based compensation expense	10,577				10,577
Ending balance (in shares) at Dec. 31, 2020			56,200,487
Ending balance at Dec. 31, 2020	2,132,733		$ 296,483	(101,554)	1,296,963	615,773		25,068
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	175,892					175,892
Other comprehensive income (loss)	(35,511)							(35,511)
Comprehensive loss	140,381
Repurchase of shares in connection with stock repurchase program (in shares)			(612,107)
Repurchase of shares in connection with stock repurchase program	(21,315)			(21,315)
Cash dividends	(50,017)					(50,017)
Issuance of common stock for stock-based compensation awards (in shares)			167,853
Issuance of common stock for stock-based compensation awards	(2,003)			4,842	(6,845)
Stock-based compensation expense	$ 10,074				10,074
Ending balance (in shares) at Dec. 31, 2021	55,756,233		55,756,233
Ending balance at Dec. 31, 2021	$ 2,209,853		$ 296,483	(118,027)	1,300,192	741,648		(10,443)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	166,068					166,068
Other comprehensive income (loss)	(198,594)							(198,594)
Comprehensive loss	(32,526)
Cash dividends	(49,991)					(49,991)
Issuance of common stock for stock-based compensation awards (in shares)			196,871
Issuance of common stock for stock-based compensation awards	(2,825)			6,450	(9,275)
Stock-based compensation expense	$ 11,505				11,505
Ending balance (in shares) at Dec. 31, 2022	55,953,104		55,953,104
Ending balance at Dec. 31, 2022	$ 2,136,016		$ 296,483	$ (111,577)	$ 1,302,422	$ 857,725		$ (209,037)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Stockholders' Equity [Abstract]
Cash dividends per share (usd per share)	$ 0.88	$ 0.88	$ 0.88

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating activities
Net income	$ 166,068,000	$ 175,892,000	$ 83,651,000
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for (recovery of) credit losses	23,788,000	(1,668,000)	86,850,000
Depreciation, amortization and accretion	42,744,000	47,350,000	34,633,000
Deferred income tax expense (benefit)	2,280,000	11,411,000	(13,662,000)
Proceeds from sale of mortgage servicing rights	18,525,000	0	0
Gain on sale of mortgage servicing rights	(2,960,000)	0	0
Funding of mortgage loans held for sale	(1,679,356,000)	(4,059,927,000)	(4,479,421,000)
Proceeds from sales of mortgage loans held for sale	2,043,360,000	4,116,106,000	4,530,328,000
Gains on sales of mortgage loans held for sale	(15,803,000)	(82,399,000)	(150,406,000)
Valuation adjustment to mortgage servicing rights	0	(13,561,000)	11,726,000
Gains on sales of securities	0	(2,170,000)	(46,000)
Debt prepayment penalty	0	6,123,000	121,000
(Gains) losses on sales of premises and equipment	(239,000)	(840,000)	38,000
Stock-based compensation	11,505,000	10,074,000	10,577,000
Increase in other assets	(29,671,000)	(20,812,000)	(59,224,000)
(Decrease) increase in other liabilities	(6,196,000)	(42,920,000)	27,077,000
Net cash provided by operating activities	574,045,000	142,659,000	82,242,000
Investing activities
Purchases of securities available for sale	(713,096,000)	(2,107,934,000)	(515,657,000)
Proceeds from sales of securities available for sale	0	176,455,000	44,906,000
Proceeds from call/maturities of securities available for sale	385,507,000	458,020,000	437,981,000
Purchases of securities held to maturity	(91,803,000)	(52,135,000)	0
Proceeds from call/maturities of securities held to maturity	67,448,000	2,246,000	0
Net (increase) decrease in loans	(1,456,119,000)	910,063,000	(1,233,232,000)
Purchases of premises and equipment	(14,838,000)	(20,516,000)	(28,270,000)
Proceeds from sales of premises and equipment	1,234,000	9,813,000	0
Purchase of bank-owned life insurance	(80,000,000)	(50,000,000)	0
Net change in FHLB stock	(27,807,000)	3,980,000	18,840,000
Proceeds from sales of other assets	3,578,000	6,342,000	8,438,000
Net cash paid in acquisitions	(120,888,000)	0	0
Other, net	3,127,000	3,663,000	1,446,000
Net cash used in investing activities	(2,043,657,000)	(660,003,000)	(1,265,548,000)
Financing activities
Net (decrease) increase in noninterest-bearing deposits	(159,368,000)	1,033,076,000	1,133,278,000
Net (decrease) increase in interest-bearing deposits	(259,390,000)	813,567,000	712,781,000
Net increase (decrease) in short-term borrowings	668,805,000	(7,393,000)	(467,872,000)
Proceeds from long-term debt	0	197,061,000	98,266,000
Repayment of long-term debt	(32,417,000)	(202,873,000)	(171,000)
Cash paid for dividends	(49,991,000)	(50,017,000)	(50,134,000)
Repurchase of shares in connection with stock repurchase program	0	(21,315,000)	(24,569,000)
Net cash provided by financing activities	167,639,000	1,762,106,000	1,401,579,000
Net (decrease) increase in cash and cash equivalents	(1,301,973,000)	1,244,762,000	218,273,000
Cash and cash equivalents at beginning of year	1,877,965,000	633,203,000	414,930,000
Cash and cash equivalents at end of year	575,992,000	1,877,965,000	633,203,000
Supplemental disclosures
Cash paid for interest	54,562,000	45,745,000	73,686,000
Cash paid for income taxes	41,764,000	50,977,000	39,989,000
Noncash transactions:
Transfers of loans to other real estate	2,207,000	3,180,000	8,588,000
Financed sales of other real estate owned	0	577,000	148,000
Recognition of operating right-of-use assets	3,475,000	8,142,000	9,393,000
Recognition of operating lease liabilities	3,475,000	8,142,000	9,393,000
Available for sale securities transferred to held to maturity securities	$ 882,927,000	$ 366,886,000	$ 0

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies (Dollar amounts in thousands) Nature of Operations : Renasant Corporation (referred to herein as the “Company”) owns and operates Renasant Bank (“Renasant Bank” or the “Bank”), Renasant Insurance, Inc., Park Place Capital Corporation and Continental Republic Capital, LLC (doing business as “Republic Business Credit”). Through its subsidiaries, the Company offers a diversified range of financial, wealth management, fiduciary and insurance services to its retail and commercial customers from offices located throughout the Southeast as well as offers factoring and asset-based lending on a nationwide basis. Use of Estimates : The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Consolidation : The accompanying Consolidated Financial Statements and these Notes to Consolidated Financial Statements include the accounts of the Company and its consolidated subsidiaries, all of which are wholly-owned. All intercompany balances and transactions have been eliminated. Certain prior year amounts have been reclassified to conform to the current year presentation. Reclassifications had no effect on prior years’ net income or shareholders’ equity. Cash and Cash Equivalents : The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. Securities : Debt securities are classified as held to maturity when purchased if management has the positive intent and ability to hold the securities to maturity. Held to maturity securities are stated at amortized cost. Presently, the Company has no intention of establishing a trading classification. Securities not classified as held to maturity or trading are classified as available for sale. Available for sale securities are stated at fair value, with the unrealized gains and losses, net of tax, reported in accumulated other comprehensive income within shareholders’ equity. The amortized cost of securities, regardless of classification, is adjusted for amortization of premiums and accretion of discounts. Such amortization and accretion is included in interest income from securities, as is dividend income. Realized gains and losses on sales of securities are reflected under the line item “Net gains on sales of securities” on the Consolidated Statements of Income. The cost of securities sold is based on the specific identification method. The Company evaluates its allowance for credit losses on the held to maturity investment portfolio on a quarterly basis in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic (“ASC”) 326, “ Financial Instruments - Credit Losses (“ASC 326”; ASC 326 is also referred to as “CECL”). Expected credit losses on debt securities classified as held to maturity are measured on a collective basis by major security type. The estimates of expected credit losses are based on historical default rates, investment grades, current conditions, and reasonable and supportable forecasts about the future. The allowance is increased through provision for credit losses and decreased by charge-offs, net of recoveries of amounts previously charged-off. All of the residential and commercial mortgage-backed securities recorded as held to maturity are issued by U.S. Government agencies and GSEs. These securities are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major rating agencies and have a long history of no credit losses. The state and political subdivision securities are highly rated by major rating agencies. The Company also evaluates available for sale investment securities in an unrealized loss position on a quarterly basis. If the Company intends to sell the security or it is more likely than not that it will be required to sell before recovery, the entire unrealized loss is recorded as a loss within noninterest income in the Consolidated Statements of Income with a corresponding adjustment to the amortized cost basis of the security. If the Company does not intend to sell the security and it is not more likely than not that it will be required to sell the security before recovery of its amortized cost basis, the Company evaluates if any of the unrealized loss is related to a potential credit loss. The amount, if any, related to credit loss is recognized in earnings as a provision for credit loss and a corresponding allowance for credit losses is established; each is calculated as the difference between the estimate of discounted future cash flows and the amortized cost basis of the security. A number of qualitative and quantitative factors, including the financial condition of the underlying issuer and current and projected deferrals or defaults, are considered by management in the estimate of the discounted future cash flows. The remaining difference between the fair value and the amortized cost basis of the security is considered the amount related to other market factors and is recognized in other comprehensive income, net of applicable taxes. Recognition of interest is discontinued on debt securities that are transferred to nonaccrual status. A number of qualitative factors, including the financial condition of the underlying issuer and current and projected deferrals or defaults, are considered by management in the determination of whether the debt security should be transferred to nonaccrual status. The interest on nonaccrual investment securities is accounted for on the cash-basis method until the debt security qualifies for return to accrual status. See Note 2, “Securities,” for further details regarding the Company’s securities portfolio. Securities Sold Under Agreements to Repurchase : Securities sold under agreements to repurchase are accounted for as collateralized financing transactions and are recorded at the amounts at which the securities were sold. Securities, generally U.S. government and agency securities, pledged as collateral under these financing arrangements cannot be sold or repledged by the secured party. Loans Held for Sale : The “Loans held for sale” line item on the Company’s Consolidated Balance Sheets consists of residential mortgage loans held for sale. The Company has elected to carry these loans at fair value as permitted under the guidance in ASC 825, “ Financial Instruments ” (“ASC 825”). Gains and losses are realized at the time consideration is received and all other criteria for sales treatment have been met. These realized and unrealized gains and losses are classified under the line item “Mortgage banking income” on the Consolidated Statements of Income. Factoring : The Company provides short-term financing to certain clients by operating as a factor. The Company purchases accounts receivable from its clients and then generally collects the receivables directly from the clients’ account customers. Cash is advanced to the Company’s client to the extent of the advance rate, less any applicable fees, set forth in the individual factoring agreement. The unadvanced portion of the purchased receivables are considered client reserves and may be used to settle payment disputes or collection shortfalls. Upon collection of the receivable and settlement of any client obligation, the client reserves are returned to the client. Factoring receivables, net of client receivables, are reported as “Loans” on the Consolidated Balance Sheets. Factoring fees are reported as interest income on loans while other fees generated from factoring relationships are reported as noninterest income on the Consolidated Statements of Income. Loans and the Allowance for Credit Losse s: Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their amortized cost or outstanding unpaid principal balances, in either case adjusted for charge-offs, the allowance for credit losses, any deferred fees or costs on originated loans and any purchase discounts or premiums on purchased loans. Renasant Bank defers certain nonrefundable loan origination fees as well as the direct costs of originating or acquiring loans. The deferred fees and costs are then amortized over the term of the note for all loans with payment schedules. Loans with no payment schedule are amortized using the interest method. The amortization of these deferred fees is presented as an adjustment to the yield on loans. Interest income is accrued on the unpaid principal balance. Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Generally, the recognition of interest on mortgage and commercial and industrial loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Consumer and other retail loans are typically charged-off no later than the time the loan is 120 days past due. In all cases, loans are placed on nonaccrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. Loans may be placed on nonaccrual regardless of whether or not such loans are considered past due. All interest accrued for the current year, but not collected, for loans that are placed on nonaccrual or charged-off is reversed against interest income; the amount of interest income recognized on nonaccrual loans was immaterial for the years ended December 31, 2022, 2021 and 2020. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. As a result, the Company has made an accounting policy election to exclude accrued interest from the measurement of the allowance for credit losses. As of December 31, 2022 and 2021, the Company has accrued interest receivable for loans of $49,850 and $41,692, respectively, which is recorded in the “Other assets” line item on the Consolidated Balance Sheets. Although the Company made the election to exclude accrued interest from the measurement of the allowance for credit losses, the Company did have an allowance for credit losses on interest deferred as part of the loan deferral program implemented in response to the COVID-19 pandemic of $1,248 and $1,273, respectively, as of December 31, 2022 and 2021. Restructured loans are those for which concessions have been granted to the borrower due to a deterioration of the borrower’s financial condition and are performing in accordance with the new terms. Such concessions may include reduction in interest rates or deferral of interest or principal payments. In evaluating whether to restructure a loan, management analyzes the long-term financial condition of the borrower, including guarantor and collateral support, to determine whether the proposed concessions will increase the likelihood of repayment of principal and interest. Restructured loans that are not performing in accordance with their restructured terms that are either contractually 90 days past due or have been placed on nonaccrual status are reported as nonperforming loans. The allowance for credit losses is an estimate of expected losses inherent within the Company’s loans held for investment portfolio and is maintained at a level believed adequate by management to absorb credit losses inherent in such loan portfolio in accordance with ASC 326. Management evaluates the adequacy of the allowance for credit losses on a quarterly basis. Expected credit loss inherent in non-cancellable off-balance-sheet credit exposures is accounted for as a separate liability in the Consolidated Balance Sheets. The allowance for credit losses for loans held for investment, as reported in the Company’s Consolidated Balance Sheets, is adjusted by a provision for credit losses, which is reported in earnings, and reduced by net charge-offs. Loan losses are charged against the allowance for credit losses when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The credit loss estimation process involves procedures to appropriately consider the unique characteristics of the Company’s loan portfolio segments. Credit quality is assessed and monitored by evaluating various attributes, and the results of those evaluations are utilized in underwriting new loans and in the Company’s process for the estimation of expected credit losses. Credit quality monitoring procedures and indicators can include an assessment of problem loans, the types of loans, historical loss experience, new lending products, emerging credit trends, changes in the size and character of loan categories and other factors, including the Company’s risk rating system, regulatory guidance and economic conditions, such as the unemployment rate and GDP growth in the markets in which the Company operates, as well as trends in the market values of underlying collateral securing loans, all as determined based on input from management, loan review staff and other sources. This evaluation is complex and inherently subjective, as it requires estimates by management that are inherently uncertain and therefore susceptible to significant revision as more information becomes available. Similarly, there may be significant changes in the allowance and provision for credit losses in future periods as the estimates and assumptions underlying such estimates are adjusted in light of then-prevailing factors and forecasts. Changes in any of the assumptions involved in the estimation process may result in significant changes in the allowance and provision for credit losses in those future periods. The methodology for estimating the amount of expected credit losses reported in the allowance for credit losses has two basic components: first, a collective (or pooled) component for estimating expected credit losses for pools of loans that share similar risk characteristics; and second, an asset-specific component involving individual loans that do not share risk characteristics with other loans and the measurement of expected credit losses for such individual loans. Loans Evaluated on a Collective (Pool) Basis The allowance for credit losses for loans that share similar risk characteristics with other loans is calculated on a collective or pool basis, where such loans are segregated into loan portfolio segments based upon similarity of credit risk. The Company’s primary loan portfolio segments are as follows: Commercial, Financial, and Agricultural (“Commercial”) - Commercial loans are customarily granted to established local business customers in the Company’s market area on a collateralized basis to meet their credit needs. Maturities are typically short term in nature and are commensurate with the secondary source of repayment that serves as the Company’s collateral. Although commercial loans may be collateralized by equipment or other business assets, the repayment of this type of loan depends primarily on the creditworthiness and projected cash flow of the borrower (and any guarantors). Thus, the chief considerations when assessing the risk of a commercial loan are the local business borrower’s ability to sell its products/services, thereby generating sufficient operating revenue to repay the Company under the agreed upon terms and conditions, and the general business conditions of the local economy or other market that the business serves. The Company's factoring receivables are categorized as commercial loans; for these commercial loans, the risk assessment considers the ability of the client's account customer, rather than the client itself, to repay the Company. Real Estate - Construction - The Company’s construction loan portfolio consists of loans for the construction of single family residential properties, multi-family properties and commercial projects. Maturities for construction loans generally range from six Real Estate - 1-4 Family Mortgage - This segment of the Company’s loan portfolio includes loans secured by first or second liens on residential real estate in which the property is the principal residence of the borrower, as well as loans secured by residential real estate in which the property is rented to tenants or is otherwise not the principal residence of the borrower; loans for the preparation of residential real property prior to construction are also included in this segment. Finally, this segment includes home equity loans or lines of credit and term loans secured by first and second mortgages on the residences of borrowers who elect to use the accumulated equity in their homes for purchases, refinances, home improvements, education and other personal expenditures. The Company attempts to minimize the risk associated with residential real estate loans by scrutinizing the financial condition of the borrower; typically, the maximum loan-to-value ratio is also limited. Real Estate - Commercial Mortgage - Included in this portfolio segment (referred to collectively as “commercial real estate loans”) are “owner-occupied” loans in which the owner develops a property with the intention of locating its business there. Payments on these loans are dependent on the successful development and management of the business as well as the borrower’s ability to generate sufficient operating revenue to repay the loan. In some instances, in addition to the mortgage on the underlying real estate of the business, commercial real estate loans are secured by other non-real estate collateral, such as equipment or other assets used in the business. In addition to owner-occupied commercial real estate loans, the Company offers loans in which the owner develops a property where the source of repayment of the loan will come from the sale or lease of the developed property, for example, retail shopping centers, hotels and storage facilities. These loans are referred to as “non-owner occupied” commercial real estate loans. The Company also offers commercial real estate loans to developers of commercial properties for purposes of site acquisition and preparation and other development prior to actual construction (referred to as “commercial land development loans”). Non-owner occupied commercial real estate loans and commercial land development loans are dependent on the successful completion of the project and may be affected by adverse conditions in the real estate market or the economy as a whole. Lease Financing - This segment of the Company’s loan portfolio includes loans granted to provide capital to businesses for commercial equipment needs. These loans are generally granted for periods ranging between two Installment Loans to Individuals - Installment loans to individuals (or “consumer loans”) are granted to individuals for the purchase of personal goods. Loss or decline of income by the borrower due to unplanned occurrences represents the primary risk of default to the Company. In the event of default, a shortfall in the value of the collateral may pose a loss in this loan category. Before granting a consumer loan, the Company assesses the applicant’s credit history and ability to meet existing and proposed debt obligations. Although the applicant’s creditworthiness is the primary consideration, the underwriting process also includes a comparison of the value of the collateral, if any, to the proposed loan amount. The Company obtains a lien against the collateral securing the loan and holds title (if applicable) until the loan is repaid in full. In determining the allowance for credit losses on loans evaluated on a collective basis, the Company categorizes loan pools based on loan type and/or risk rating. The Company uses two CECL models: (1) a loss rate model, based on average historical life-of-loan loss rates, which is used for the Real Estate - 1-4 Family Mortgage, Real Estate - Construction and the Installment Loans to Individuals portfolio segments, and (2) for the C&I, Real Estate - Commercial Mortgage and Lease Financing portfolio segments, the Company uses a probability of default/loss given default model, which calculates an expected loss percentage for each loan pool by considering (a) the probability of default, based on the migration of loans from performing (using risk ratings) to default using life-of-loan analysis periods, and (b) the historical severity of loss, based on the aggregate net lifetime losses incurred per loan pool. The historical loss rates calculated as described above are adjusted, as necessary, for both internal and external qualitative factors where there are differences in the historical loss data of the Company and current or projected future conditions. Internal factors include loss history, changes in credit quality (including movement between risk ratings) and/or credit concentration and changes in the nature and volume of the respective loan portfolio segments. External factors include current and reasonable and supportable forecasted economic conditions and changes in collateral values. These factors are used to adjust the historical loss rates (as described above) to ensure that they reflect management’s expectation of future conditions based on a reasonable and supportable forecast period. To the extent the lives of the loans in the portfolio extend beyond the period for which a reasonable and supportable forecast can be made, when necessary, the models immediately revert back to the historical loss rates adjusted for qualitative factors related to current conditions. Loans Evaluated on an Individual Basis For loans that do not share similar risk characteristics with other loans, an individual analysis is performed to determine the expected credit loss. If the respective loan is collateral dependent (that is, when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral), the expected credit loss is measured as the difference between the amortized cost basis of the loan and the fair value of the collateral. The fair value of collateral is initially based on external appraisals. Generally, collateral values for loans for which measurement of expected losses is dependent on the fair value of such collateral are updated every twelve months, either from external third parties or in-house certified appraisers. Third-party appraisals are obtained from a pre-approved list of independent, local appraisal firms. The fair value of the collateral derived from external appraisal is then adjusted for the estimated cost to sell if repayment or satisfaction of a loan is dependent on the sale (rather than only on the operation) of the collateral. Other acceptable methods for determining the expected credit losses for individually evaluated loans (typically used when the loan is not collateral dependent) is a discounted cash flow approach or, if applicable, an observable market price. Once the expected credit loss amount is determined, an allowance equal to such expected credit loss is included in the allowance for credit losses. The Company considers the loans in the Real Estate - Construction, Real Estate - 1-4 Family Mortgage and Real Estate - Commercial Mortgage loan segments disclosed as individually evaluated in Note 4, “Allowance for Credit Losses” as collateral dependent with the type of collateral being real estate. The Company maintains a separate allowance for credit losses on unfunded loan commitments, which is included in the “Other liabilities” line item on the Consolidated Balance Sheets. Changes in such allowance are recorded in the “Other noninterest expense” line item on the Consolidated Statements of Income. Management estimates the amount of expected losses on unfunded loan commitments by calculating a likelihood of funding over the contractual period for exposures that are not unconditionally cancellable by the Company and applying the loss factors used in the allowance for credit losses on loans methodology described above to unfunded commitments for each loan type. No credit loss estimate is reported for off-balance-sheet credit exposures that are unconditionally cancellable by the Company. See Note 3, “Loans,” and Note 4, “Allowance for Credit Losses” for disclosures regarding the Company’s past due and nonaccrual loans, impaired loans and restructured loans and its allowance for credit losses. Business Combinations, Accounting for Purchased Credit Deteriorated Loans and Related Assets : Business combinations are accounted for by applying the acquisition method in accordance with ASC 805, “ Business Combinations .” Under the acquisition method, identifiable assets acquired and liabilities assumed and any non-controlling interest in the acquired company at the acquisition date are measured at their fair values as of that date and are recognized separately from goodwill. Results of operations of the acquired entities are included in the Consolidated Statements of Income from the date of acquisition. Acquisition costs incurred by the Company are expensed as incurred. For a purchased asset that the Company has the intent of holding for investment, ASC 326 requires the Company to determine whether the asset has experienced more-than-insignificant deterioration in credit quality since origination. Factors used in the determination will vary but may include delinquency history, historical accrual status, down grades in the risk rating by the seller, among others. The Company's review of an asset during its due diligence evaluation of the purchase may identify other unique attributes that would indicate more-than-insignificant deterioration has occurred such as the borrower's financial condition, credit rating or credit score as well as the value of underlying collateral. The Company analyzes these factors collectively and may also consider market conditions or economic factors that would indicate a purchased asset has experienced more-than-insignificant deterioration in credit quality since origination. Such assets that have experienced more-than insignificant deterioration are referred to as purchased credit deteriorated (“PCD”) assets. ASC 326 provides for special initial recognition of PCD assets, commonly referred to as the “gross-up” approach, where the allowance for credit losses is recognized by adding it to the fair value to arrive at the Day 1 amortized cost basis. After initial recognition, the accounting for PCD assets will generally follow the credit loss model that applies to that type of asset. Non-PCD assets record the Day 1 allowance for credit losses through earnings on the date of purchase. The Company will accrete or amortize as interest income the fair value discounts on both PCD and non-PCD assets over the life of the asset. Premises and Equipment : Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed primarily by use of the straight-line method for furniture, fixtures, equipment, autos and premises. The annual provisions for depreciation have been computed primarily using estimated lives of 40 years for premises, three three ASC 842, “ Leases ” (“ASC 842”) requires a lessee to recognize a right-of-use asset and a lease liability for all leases with a term greater than 12 months on its balance sheet regardless of whether the lease is classified as financing or operating. All of the Company’s lessee arrangements are operating leases, being real estate leases for Company facilities. Under these arrangements, the Company records right-of-use assets and corresponding lease liabilities, each of which is based on the present value of the remaining lease payments and are discounted at the Company’s incremental borrowing rate. Right-of-use assets are reported in premises and equipment other liabilities one Lease expense is recognized on a straight-line basis over the lease term and is recorded in the “Net occupancy and equipment expense” line item in the Consolidated Statements of Income. Variable lease payments consist primarily of common area maintenance, insurance and taxes. The Company does not have any material sublease agreements currently in place. Other Real Estate Owned : Other real estate owned consists of properties acquired through foreclosure or acceptance of a deed in lieu of foreclosure. These properties are initially recorded into other real estate at fair market value less cost to sell and are subsequently carried at the lower of cost or fair market value based on appraised value less estimated selling costs. Losses arising at the time of foreclosure of properties are charged against the allowance for credit losses. Reductions in the carrying value subsequent to acquisition are charged to earnings and are included under the line item “Other real estate owned” on the Consolidated Statements of Income. Mortgage Servicing Rights : The Company retains the right to service certain mortgage loans that it sells to secondary market investors. These mortgage servicing rights are recognized as a separate asset on the date the corresponding mortgage loan is sold. Mortgage servicing rights are amortized in proportion to and over the period of estimated net servicing income. These servicing rights are carried at the lower of amortized cost or fair value. Fair value is determined using an income approach with various assumptions including expected cash flows, prepayment speeds, market discount rates, servicing costs, mortgage interest rates and other factors. Servicing rights are evaluated for impairment based upon the fair value of the rights as compared to carrying amount. Impairment is recognized through a valuation allowance, to the extent that unamortized cost exceeds fair value. If the Company later determines that all or a portion of the impairment no longer exists, a reduction of the valuation allowance may be recorded as an increase to income. Changes in valuation allowances related to servicing rights are reported in the line item “Mortgage banking income” on the Consolidated Statements of Income. The fair values of servicing rights are subject to significant fluctuations as a result of changes in estimated and actual prepayment speeds and default rates and losses. See Note 8, “Mortgage Servicing Rights”, for further details. From time to time, the Company may sell a portion or all of its mortgage servicing rights. Any gains or losses on such sales are reported in the line item “Mortgage banking income” on the Consolidated Statements of Income. Goodwill and Other Intangible Assets : Goodwill represents the excess of the cost of an acquisition over the fair value of the net assets acquired. Other intangible assets represent purchased assets that lack physical substance but can be distinguished from goodwill because of contractual or other legal rights. Intangibles with finite lives are amortized over their estimated useful lives. Goodwill and other intangible assets are subject to impairment testing annually or more frequently if events or circumstances indicate possible impairment; if impaired, such assets are recorded at fair value. Goodwill is assigned to the Company’s reporting segments. In determining the fair value of the Company’s reporting units, management uses the market approach. Other intangible assets, consisting of core deposit intangibles and customer relationship intangibles, are reviewed for events or circumstances which could impact the recoverability of the intangible asset, such as a loss of core deposits, increased competition or adverse changes in the economy. No impairment was identified for the Company’s goodwill or its other intangible assets as a result of the testing performed during 2022, 2021 or 2020. Bank-Owned Life Insurance : Bank-owned life insurance (“BOLI”) is an institutionally-priced insurance product that is specifically designed for purchase by insured depository institutions. The Company has purchased such insurance policies on certain employees, with Renasant Bank being listed as the primary beneficiary. The carrying value of BOLI is recorded at the cash surrender value of the policies, net of any applicable surrender charges. Changes in the value of the cash surrender value of the policies are reflected under the

Securities

Securities	12 Months Ended
	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Securities	Securities (In Thousands, Except Number of Securities) The amortized cost and fair value of securities available for sale were as follows as of the dates presented: Amortized Gross Gross Fair December 31, 2022 Obligations of other U.S. Government agencies and corporations $ 170,000 $ — $ (5,340) $ 164,660 Obligations of states and political subdivisions 154,066 204 (9,368) 144,902 Residential mortgage backed securities: Government agency mortgage backed securities 508,415 37 (52,036) 456,416 Government agency collateralized mortgage obligations 605,033 — (103,864) 501,169 Commercial mortgage backed securities: Government agency mortgage backed securities 11,166 — (1,053) 10,113 Government agency collateralized mortgage obligations 211,435 — (25,589) 185,846 Other debt securities 74,885 — (4,049) 70,836 $ 1,735,000 $ 241 $ (201,299) $ 1,533,942 Amortized Gross Gross Fair December 31, 2021 U.S. Treasury securities $ 3,007 $ 3 $ — $ 3,010 Obligations of states and political subdivisions 153,847 5,532 (269) 159,110 Residential mortgage backed securities: Government agency mortgage backed securities 967,497 7,854 (6,816) 968,535 Government agency collateralized mortgage obligations 1,008,514 457 (20,371) 988,600 Commercial mortgage backed securities: Government agency mortgage backed securities 14,717 365 (1) 15,081 Government agency collateralized mortgage obligations 216,859 812 (3,419) 214,252 Other debt securities 36,515 1,097 (148) 37,464 $ 2,400,956 $ 16,120 $ (31,024) $ 2,386,052 The amortized cost and fair value of securities held to maturity were as follows as of the dates presented: Amortized Gross Gross Fair December 31, 2022 Obligations of states and political subdivisions $ 291,886 $ 17 $ (48,325) $ 243,578 Residential mortgage backed securities Government agency mortgage backed securities 483,560 — (24,432) 459,128 Government agency collateralized mortgage obligations 423,315 — (30,706) 392,609 Commercial mortgage backed securities Government agency mortgage backed securities 17,006 — (3,261) 13,745 Government agency collateralized mortgage obligations 45,430 — (6,559) 38,871 Other debt securities 62,875 — (4,266) 58,609 $ 1,324,072 $ 17 $ (117,549) $ 1,206,540 Allowance for credit losses - held to maturity securities (32) Held-to-maturity securities, net of allowance for credit losses $ 1,324,040 Amortized Gross Gross Fair December 31, 2021 Obligations of states and political subdivisions $ 267,641 $ 333 $ (685) $ 267,289 Residential mortgage backed securities Government agency mortgage backed securities 60,507 1 (198) 60,310 Government agency collateralized mortgage obligations 24,832 — (92) 24,740 Commercial mortgage backed securities Government agency mortgage backed securities 1,855 — — 1,855 Government agency collateralized mortgage obligations 39,505 — (117) 39,388 Other debt securities 22,049 — (79) 21,970 $ 416,389 $ 334 $ (1,171) $ 415,552 Allowance for credit losses - held to maturity securities (32) Held-to-maturity securities, net of allowance for credit losses $ 416,357 During the year ended December 31, 2022, the Company transferred, at fair value, $882,927 of securities from the available for sale portfolio to the held to maturity portfolio. The related net unrealized loss of $99,675 (after tax loss of $74,307) remained in accumulated other comprehensive income (loss) and will be amortized over the remaining life of the securities, offsetting the related amortization of discount on the transferred securities. No gains or losses were recognized at the time of transfer. There were no available for sale securities sold during the year ended December 31, 2022. Available for sale securities sold were as follows for the periods presented: Carrying Value Net Proceeds Gain/(Loss) Twelve months ended December 31, 2021 Obligations of states and political subdivisions $ 47 $ 49 $ 2 Residential mortgage backed securities: Government agency mortgage backed securities 145,572 149,473 3,901 Government agency collateralized mortgage obligations 12,362 12,562 200 Trust preferred securities 12,021 9,961 (2,060) Other debt securities 4,283 4,410 127 $ 174,285 $ 176,455 $ 2,170 Carrying Value Net Proceeds Gain/(Loss) Twelve months ended December 31, 2020 Obligations of states and political subdivisions $ 2,696 $ 2,561 $ (135) Residential mortgage backed securities: Government agency mortgage backed securities 16,093 16,294 201 Government agency collateralized mortgage obligations 26,071 26,051 (20) $ 44,860 $ 44,906 $ 46 Gross realized gains and gross realized losses on sales of securities available for sale were as follows for the periods presented: Year Ended December 31, 2021 2020 Gross gains on sales of securities available for sale $ 4,322 $ 230 Gross losses on sales of securities available for sale (2,152) (184) Gains on sales of securities available for sale, net $ 2,170 $ 46 At December 31, 2022 and 2021, securities with a carrying value of approximately $824,417 and $607,681, respectively, were pledged to secure government, public, trust, and other deposits. Securities with a carrying value of $18,184 and $21,493 were pledged as collateral for short-term borrowings and derivative instruments at December 31, 2022 and 2021, respectively. The amortized cost and fair value of securities at December 31, 2022 by contractual maturity are shown below. Expected maturities will differ from contractual maturities because issuers may call or prepay obligations with or without call or prepayment penalties. Held to Maturity Available for Sale Amortized Fair Amortized Fair Due within one year $ 150 $ 149 $ 9,393 $ 9,377 Due after one year through five years 3,351 3,162 228,812 222,940 Due after five years through ten years 53,650 46,253 75,549 71,029 Due after ten years 234,720 194,000 75,078 67,926 Residential mortgage backed securities: Government agency mortgage backed securities 483,560 459,128 508,415 456,416 Government agency collateralized mortgage obligations 423,315 392,609 605,033 501,169 Commercial mortgage backed securities: Government agency mortgage backed securities 17,006 13,745 11,166 10,113 Government agency collateralized mortgage obligations 45,430 38,871 211,435 185,846 Other debt securities 62,890 58,623 10,119 9,126 $ 1,324,072 $ 1,206,540 $ 1,735,000 $ 1,533,942 The following tables present the gross unrealized losses and fair value of investment securities, aggregated by investment category and the length of time the investments have been in a continuous unrealized loss position, as of the dates presented: Less than 12 Months 12 Months or More Total # Fair Unrealized # Fair Unrealized # Fair Unrealized Available for Sale: December 31, 2022 Obligations of other U.S. Government agencies and corporations 5 $ 164,660 $ (5,340) — $ — $ — 5 $ 164,660 $ (5,340) Obligations of states and political subdivisions 84 96,939 (4,869) 11 33,038 (4,499) 95 129,977 (9,368) Residential mortgage backed securities: Government agency mortgage backed securities 97 214,516 (15,115) 29 237,970 (36,921) 126 452,486 (52,036) Government agency collateralized mortgage obligations 16 109,753 (8,552) 36 391,416 (95,312) 52 501,169 (103,864) Commercial mortgage backed securities: Government agency mortgage backed securities 4 10,114 (1,053) — — — 4 10,114 (1,053) Government agency collateralized mortgage obligations 16 67,026 (3,828) 21 118,821 (21,760) 37 185,847 (25,588) Other debt securities 25 63,423 (3,167) 1 7,412 (883) 26 70,835 (4,050) Total 247 $ 726,431 $ (41,924) 98 $ 788,657 $ (159,375) 345 $ 1,515,088 $ (201,299) December 31, 2021 Obligations of states and political subdivisions 8 $ 34,303 $ (216) 3 $ 3,892 $ (53) 11 $ 38,195 $ (269) Residential mortgage backed securities: Government agency mortgage backed securities 41 727,546 (6,312) 1 12,305 (504) 42 739,851 (6,816) Government agency collateralized mortgage obligations 49 966,126 (20,371) — — — 49 966,126 (20,371) Commercial mortgage backed securities: Government agency mortgage backed securities 1 1,791 (1) 1 432 — 2 2,223 (1) Government agency collateralized mortgage obligations 21 160,919 (3,072) 2 9,005 (347) 23 169,924 (3,419) Other debt securities 1 8,699 (148) — — — 1 8,699 (148) Total 121 $ 1,899,384 $ (30,120) 7 $ 25,634 $ (904) 128 $ 1,925,018 $ (31,024) Less than 12 months 12 months or more Total Held to Maturity: # Fair Value Unrealized Losses # Fair Value Unrealized Losses # Fair Value Unrealized Losses December 31, 2022 Obligations of states and political subdivisions 105 $ 191,442 $ (35,870) 24 $ 49,697 $ (12,454) 129 $ 241,139 $ (48,324) Residential mortgage backed securities: Government agency mortgage backed securities 8 94,258 (4,186) 62 364,870 (20,246) 70 459,128 (24,432) Government agency collateralized mortgage obligations 4 98,912 (5,479) 14 293,698 (25,227) 18 392,610 (30,706) Commercial mortgage backed securities: Government agency mortgage backed securities 1 13,745 (3,261) — — — 1 13,745 (3,261) Government agency collateralized mortgage obligations 2 7,651 (626) 7 31,220 (5,932) 9 38,871 (6,558) Other debt securities 2 42,567 (2,013) 8 16,042 (2,253) 10 58,609 (4,266) Total 122 $ 448,575 $ (51,435) 115 $ 755,527 $ (66,112) 237 $ 1,204,102 $ (117,547) December 31, 2021 Obligations of states and political subdivisions 24 $ 62,131 $ (685) — $ — $ — 24 $ 62,131 $ (685) Residential mortgage backed securities: Government agency mortgage backed securities 50 53,560 (181) 1 5,354 (17) 51 58,914 (198) Government agency collateralized mortgage obligations 1 24,740 (92) — — — 1 24,740 (92) Commercial mortgage backed securities: Government agency collateralized mortgage obligations 7 39,388 (117) — — — 7 39,388 (117) Other debt securities 8 21,972 (79) — — — 8 21,972 (79) Total 90 $ 201,791 $ (1,154) 1 $ 5,354 $ (17) 91 $ 207,145 $ (1,171) The Company does not intend to sell any of the securities in an unrealized loss position, and it is not more likely than not that the Company will be required to sell any such security prior to the recovery of its amortized cost basis, which may be maturity. Furthermore, even though a number of these securities have been in a continuous unrealized loss position for a period greater than twelve months, the Company is collecting principal and interest payments from the respective issuers as scheduled. Based upon its review of securities with unrealized losses as of December 31, 2022, the Company determined that all such losses resulted from factors not deemed credit related. As a result, the Company did not record any impairment for the years ended December 31, 2022 and 2021. At each of December 31, 2022 and 2021, the allowance for credit losses on held to maturity securities was $32. The Company monitors the credit quality of debt securities held to maturity using bond investment grades assigned by third party ratings agencies. Updated investment grades are obtained as they become available from the agencies. On December 31, 2022, 99.99% of the amortized cost of debt securities held to maturity were rated A or higher by the ratings agencies.

Loans

Loans	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Loans	Loans (In Thousands, Except Number of Loans) The following is a summary of loans and leases, excluding loans held for sale, at December 31: 2022 2021 Commercial, financial, agricultural $ 1,673,883 $ 1,423,270 Lease financing 122,167 80,192 Real estate – construction: Residential 355,500 302,275 Commercial 974,837 802,621 Total real estate – construction 1,330,337 1,104,896 Real estate – 1-4 family mortgage: Primary 2,222,856 1,816,120 Home equity 501,906 474,604 Rental/investment 334,382 288,474 Land development 157,119 145,048 Total real estate – 1-4 family mortgage 3,216,263 2,724,246 Real estate – commercial mortgage: Owner-occupied 1,539,296 1,563,351 Non-owner occupied 3,452,910 2,856,947 Land development 125,857 128,739 Total real estate – commercial mortgage 5,118,063 4,549,037 Installment loans to individuals 124,745 143,340 Gross loans 11,585,458 10,024,981 Unearned income (7,154) (4,067) Loans, net of unearned income $ 11,578,304 $ 10,020,914 Past Due and Nonaccrual Loans The following tables provide an aging of past due and nonaccrual loans, segregated by class, as of the dates presented: Accruing Loans Nonaccruing Loans 30-89 Days 90 Days Current Total 30-89 Days 90 Days Current Total Total December 31, 2022 Commercial, financial, agricultural $ 1,303 $ 69 $ 1,660,037 $ 1,661,409 $ 18 $ 2,373 $ 10,083 $ 12,474 $ 1,673,883 Lease financing — — 122,167 122,167 — — — — 122,167 Real estate – construction: Residential 49 — 355,374 355,423 — — 77 77 355,500 Commercial 8,525 — 966,312 974,837 — — — — 974,837 Total real estate – construction 8,574 — 1,321,686 1,330,260 — — 77 77 1,330,337 Real estate – 1-4 family mortgage: Primary 28,198 — 2,164,582 2,192,780 6,015 12,503 11,558 30,076 2,222,856 Home equity 5,376 — 494,621 499,997 450 754 705 1,909 501,906 Rental/investment 720 38 332,648 333,406 20 331 625 976 334,382 Land development 174 — 156,863 157,037 46 36 — 82 157,119 Total real estate – 1-4 family mortgage 34,468 38 3,148,714 3,183,220 6,531 13,624 12,888 33,043 3,216,263 Real estate – commercial mortgage: Owner-occupied 8,557 219 1,525,240 1,534,016 1,495 2,244 1,541 5,280 1,539,296 Non-owner occupied 3,521 — 3,444,047 3,447,568 5,304 — 38 5,342 3,452,910 Land development 279 — 125,507 125,786 — 40 31 71 125,857 Total real estate – commercial mortgage 12,357 219 5,094,794 5,107,370 6,799 2,284 1,610 10,693 5,118,063 Installment loans to individuals 2,001 5 122,481 124,487 38 100 120 258 124,745 Unearned income — — (7,154) (7,154) — — — — (7,154) Loans, net of unearned income $ 58,703 $ 331 $ 11,462,725 $ 11,521,759 $ 13,386 $ 18,381 $ 24,778 $ 56,545 $ 11,578,304 Accruing Loans Nonaccruing Loans 30-89 Days 90 Days Current Total 30-89 Days 90 Days Current Total Total December 31, 2021 Commercial, financial, agricultural $ 3,447 $ 103 $ 1,406,692 $ 1,410,242 $ 1,711 $ 4,283 $ 7,034 $ 13,028 $ 1,423,270 Lease financing — — 80,181 80,181 — 11 — 11 80,192 Real estate – construction: Residential 1,077 — 301,198 302,275 — — — — 302,275 Commercial — — 802,621 802,621 — — — — 802,621 Total real estate – construction 1,077 — 1,103,819 1,104,896 — — — — 1,104,896 Real estate – 1-4 family mortgage: Primary 15,827 425 1,780,760 1,797,012 2,177 10,420 6,511 19,108 1,816,120 Home equity 1,617 — 471,268 472,885 182 919 618 1,719 474,604 Rental/investment 421 445 286,458 287,324 26 771 353 1,150 288,474 Land development 431 — 144,360 144,791 — 65 192 257 145,048 Total real estate – 1-4 family mortgage 18,296 870 2,682,846 2,702,012 2,385 12,175 7,674 22,234 2,724,246 Real estate – commercial mortgage: Owner-occupied 2,231 359 1,556,081 1,558,671 163 1,111 3,406 4,680 1,563,351 Non-owner occupied 260 89 2,848,152 2,848,501 — — 8,446 8,446 2,856,947 Land development 476 — 127,793 128,269 — 292 178 470 128,739 Total real estate – commercial mortgage 2,967 448 4,532,026 4,535,441 163 1,403 12,030 13,596 4,549,037 Installment loans to individuals 1,817 20 141,008 142,845 45 106 344 495 143,340 Unearned income — — (4,067) (4,067) — — — — (4,067) Loans, net of unearned income $ 27,604 $ 1,441 $ 9,942,505 $ 9,971,550 $ 4,304 $ 17,978 $ 27,082 $ 49,364 $ 10,020,914 There were no restructured loans that were contractually 90 days past due or more and still accruing at December 31, 2022. There was one restructured loan totaling $36 that was contractually 90 days past due or more and still accruing at December 31, 2021. The outstanding balance of restructured loans on nonaccrual status was $20,765 and $25,702 at December 31, 2022 and 2021, respectively. Restructured Loans At December 31, 2022, 2021 and 2020, there were $22,624, $20,259 and $20,448, respectively, of restructured loans. The following table illustrates the impact of modifications classified as restructured loans held on the Consolidated Balance Sheets and still performing in accordance with their restructured terms at period end, segregated by class, as of the periods presented. Number of Pre-Modification Post-Modification December 31, 2022 Commercial, financial, agricultural 1 $ 113 $ 114 Real estate – 1-4 family mortgage: Primary 20 3,061 3,086 Land development 3 98 94 Total real estate – 1-4 family mortgage 23 3,159 3,180 Real estate – commercial mortgage: Owner-occupied 1 246 246 Non-owner occupied 1 6,500 6,500 Total real estate – commercial mortgage 2 6,746 6,746 Total 26 $ 10,018 $ 10,040 December 31, 2021 Commercial, financial, agricultural 8 $ 5,393 $ 5,393 Real estate – 1-4 family mortgage: Primary 36 6,061 6,108 Real estate – commercial mortgage: Non-owner occupied 1 837 810 Total 45 $ 12,291 $ 12,311 December 31, 2020 Commercial, financial, agricultural 8 $ 2,891 $ 2,890 Real estate – 1-4 family mortgage: Primary 24 3,928 3,886 Home equity 1 159 162 Rental/investment 3 142 207 Total real estate – 1-4 family mortgage 28 4,229 4,255 Real estate – commercial mortgage: Owner-occupied 8 6,192 5,883 Non-owner occupied 3 752 754 Land development 1 189 189 Total real estate – commercial mortgage 12 7,133 6,826 Installment loans to individuals 3 49 40 Total 51 $ 14,302 $ 14,011 At December 31, 2022, 2021 and 2020, the Company had $491, $117 and $522, respectively, in troubled debt restructurings that subsequently defaulted within twelve months of the restructuring. Changes in the Company’s restructured loans are set forth in the table below. Number of Amortized Cost Totals at December 31, 2020 124 $ 20,448 Additional loans with concessions 45 12,639 Reclassified as performing 6 366 Reductions due to: Reclassified as nonperforming (18) (4,390) Paid in full (21) (7,586) Charge-offs (1) (205) Principal paydowns — (1,013) Totals at December 31, 2021 135 $ 20,259 Additional loans with concessions 24 10,332 Reclassified as performing 12 5,326 Reductions due to: Reclassified as nonperforming (28) (7,411) Paid in full (23) (4,758) Principal paydowns — (1,124) Totals at December 31, 2022 120 $ 22,624 The allocated allowance for credit losses attributable to restructured loans was $625 and $389 at December 31, 2022 and 2021, respectively. The Company had no remaining availability under commitments to lend additional funds on these restructured loans at December 31, 2022 and $307 in remaining availability at December 31, 2021. Credit Quality For commercial and commercial real estate-secured loans, internal risk-rating grades are assigned by lending, credit administration or loan review personnel, based on an analysis of the financial and collateral strength and other credit attributes underlying each loan. Management analyzes the resulting ratings, as well as other external statistics and factors such as delinquency, to track the migration performance of the portfolio balances of commercial and commercial real estate secured loans. Loan grades range between 10 and 95, with 10 being loans with the least credit risk. Loans within the “Pass” grade (those with a risk rating between 10 and 60) generally have a lower risk of loss and therefore a lower risk factor applied to the loan balances. The “Special Mention” grade (those with a risk rating of 70) represents a loan where a significant adverse risk-modifying action is anticipated in the near term and, left uncorrected, could result in deterioration of the credit quality of the loan. Loans that migrate toward the “Substandard” grade (those with a risk rating between 80 and 95) generally have a higher risk of loss and therefore a higher risk factor applied to those related loan balances. The following tables present the Company’s loan portfolio by year of origination and internal risk-rating grades as of the dates presented: Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total December 31, 2022 Commercial, Financial, Agricultural $ 460,604 $ 209,964 $ 142,790 $ 63,164 $ 25,099 $ 35,142 $ 717,422 $ 3,522 $ 1,657,707 Pass 450,559 209,580 141,712 62,370 21,963 28,014 704,491 2,384 1,621,073 Special Mention 719 — 1,010 383 678 — 11,616 80 14,486 Substandard 9,326 384 68 411 2,458 7,128 1,315 1,058 22,148 Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Lease Financing Receivables $ 61,424 $ 18,379 $ 18,318 $ 10,628 $ 4,557 $ 1,707 $ — $ — $ 115,013 Pass 58,204 18,379 15,846 9,060 3,269 1,353 — — 106,111 Watch — — — — — 354 — — 354 Substandard 3,220 — 2,472 1,568 1,288 — — — 8,548 Real Estate - Construction $ 595,185 $ 476,190 $ 109,705 $ 8,525 $ 381 $ 6,858 $ 13,757 $ 424 $ 1,211,025 Residential $ 214,386 $ 16,483 $ 589 $ — $ 381 $ — $ 3,925 $ 424 $ 236,188 Pass 214,371 16,483 589 — 381 — 3,925 424 236,173 Special Mention 6 — — — — — — — 6 Substandard 9 — — — — — — — 9 Commercial $ 380,799 $ 459,707 $ 109,116 $ 8,525 $ — $ 6,858 $ 9,832 $ — $ 974,837 Pass 380,799 459,707 109,116 8,525 — 6,858 9,832 — 974,837 Special Mention — — — — — — — — — Substandard — — — — — — — — — Real Estate - 1-4 Family Mortgage $ 233,370 $ 141,066 $ 48,653 $ 24,664 $ 25,604 $ 35,971 $ 26,920 $ 1,238 $ 537,486 Primary $ 12,877 $ 7,965 $ 5,068 $ 2,435 $ 4,522 $ 8,723 $ 4,931 $ 106 $ 46,627 Pass 12,616 7,965 5,068 2,421 4,522 8,419 4,931 106 46,048 Special Mention — — — — — 51 — — 51 Substandard 261 — — 14 — 253 — — 528 Home Equity $ 272 $ 1,187 $ — $ 38 $ 5 $ 27 $ 14,485 $ 141 $ 16,155 Pass 272 1,187 — 38 5 27 14,485 7 16,021 Special Mention — — — — — — — — — Substandard — — — — — — — 134 134 Rental/Investment $ 138,481 $ 85,711 $ 42,056 $ 21,997 $ 14,785 $ 24,448 $ 5,972 $ 787 $ 334,237 Pass 138,137 85,522 41,604 21,097 14,671 22,899 5,972 482 330,384 Special Mention 231 — — — — 174 — — 405 Substandard 113 189 452 900 114 1,375 — 305 3,448 Land Development $ 81,740 $ 46,203 $ 1,529 $ 194 $ 6,292 $ 2,773 $ 1,532 $ 204 $ 140,467 Pass 80,514 46,203 1,525 194 6,292 2,723 1,532 204 139,187 Special Mention 1,226 — — — — — — — 1,226 Substandard — — 4 — — 50 — — 54 Real Estate - Commercial Mortgage $ 1,624,197 $ 1,000,563 $ 713,303 $ 531,424 $ 277,862 $ 810,919 $ 121,305 $ 25,173 $ 5,104,746 Owner-Occupied $ 309,792 $ 319,174 $ 239,946 $ 178,137 $ 128,452 $ 302,495 $ 57,869 $ 3,300 $ 1,539,165 Pass 298,851 314,429 237,058 175,262 122,537 282,657 50,640 3,300 1,484,734 Special Mention 9,640 3,047 815 1,670 — 672 4,808 — 20,652 Substandard 1,301 1,698 2,073 1,205 5,915 19,166 2,421 — 33,779 Non-Owner Occupied $ 1,256,098 $ 657,121 $ 466,703 $ 346,908 $ 144,872 $ 501,863 $ 57,637 $ 21,680 $ 3,452,882 Pass 1,252,484 647,937 466,703 322,997 127,358 418,294 57,637 12,142 3,305,552 Special Mention 506 — — 21,961 17,509 8,975 — — 48,951 Substandard 3,108 9,184 — 1,950 5 74,594 — 9,538 98,379 Land Development $ 58,307 $ 24,268 $ 6,654 $ 6,379 $ 4,538 $ 6,561 $ 5,799 $ 193 $ 112,699 Pass 58,307 24,228 6,342 6,379 4,465 6,067 5,799 193 111,780 Special Mention — 40 — — — — — — 40 Substandard — — 312 — 73 494 — — 879 Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Installment loans to individuals $ — $ — $ — $ 24 $ — $ — $ — $ — $ 24 Pass — — — 24 — — — — 24 Special Mention — — — — — — — — — Substandard — — — — — — — — — Total loans subject to risk rating $ 2,974,780 $ 1,846,162 $ 1,032,769 $ 638,429 $ 333,503 $ 890,597 $ 879,404 $ 30,357 $ 8,626,001 Pass 2,945,114 1,831,620 1,025,563 608,367 305,463 777,311 859,244 19,242 8,371,924 Special Mention 12,328 3,087 1,825 24,014 18,187 10,226 16,424 80 86,171 Substandard 17,338 11,455 5,381 6,048 9,853 103,060 3,736 11,035 167,906 Term Loans Amortized Cost Basis by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Revolving Loans Converted to Term Total December 31, 2021 Commercial, Financial, Agricultural $ 300,748 $ 245,940 $ 122,996 $ 56,732 $ 27,631 $ 36,665 $ 595,956 $ 4,083 $ 1,390,751 Pass 299,731 245,657 120,748 54,654 23,521 27,482 591,096 2,901 1,365,790 Special Mention — 136 1,798 527 605 1,196 651 — 4,913 Substandard 1,017 147 450 1,551 3,505 7,987 4,209 1,182 20,048 Real Estate - Construction $ 461,370 $ 371,694 $ 174,369 $ 15,414 $ — $ 4,393 $ 3,769 $ 2,428 $ 1,033,437 Residential $ 210,734 $ 12,598 $ — $ 601 $ — $ 686 $ 3,769 $ 2,428 $ 230,816 Pass 210,734 12,598 — 601 — 686 3,769 2,428 230,816 Special Mention — — — — — — — — — Substandard — — — — — — — — — Commercial $ 250,636 $ 359,096 $ 174,369 $ 14,813 $ — $ 3,707 $ — $ — $ 802,621 Pass 250,636 359,096 174,369 14,813 — 3,707 — — 802,621 Special Mention — — — — — — — — — Substandard — — — — — — — — — Real Estate - 1-4 Family Mortgage $ 205,137 $ 83,038 $ 60,392 $ 40,195 $ 31,121 $ 41,687 $ 27,010 $ 1,142 $ 489,722 Primary $ 15,599 $ 7,698 $ 3,696 $ 8,470 $ 5,517 $ 13,402 $ 4,888 $ — $ 59,270 Pass 15,599 7,698 3,530 8,470 5,433 10,465 4,877 — 56,072 Special Mention — — — — — 59 — — 59 Substandard — — 166 — 84 2,878 11 — 3,139 Home Equity $ 1,318 $ — $ 42 $ 131 $ — $ 42 $ 14,702 $ 211 $ 16,446 Pass 1,318 — 42 131 — 42 14,332 10 15,875 Special Mention — — — — — — — — — Substandard — — — — — — 370 201 571 Rental/Investment $ 111,006 $ 61,801 $ 33,852 $ 24,324 $ 25,163 $ 25,275 $ 5,782 $ 931 $ 288,134 Pass 110,987 60,855 32,851 24,050 24,981 24,133 5,631 931 284,419 Special Mention — 249 — — — 38 — — 287 Substandard 19 697 1,001 274 182 1,104 151 — 3,428 Term Loans Amortized Cost Basis by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Revolving Loans Converted to Term Total Land Development $ 77,214 $ 13,539 $ 22,802 $ 7,270 $ 441 $ 2,968 $ 1,638 $ — $ 125,872 Pass 74,818 13,539 22,769 7,270 411 1,560 1,638 — 122,005 Special Mention 2,396 — — — — — — — 2,396 Substandard — — 33 — 30 1,408 — — 1,471 Real Estate - Commercial Mortgage $ 1,168,118 $ 836,549 $ 680,831 $ 394,608 $ 421,898 $ 844,635 $ 153,358 $ 35,968 $ 4,535,965 Owner-Occupied $ 312,031 $ 305,686 $ 220,057 $ 177,689 $ 157,886 $ 317,878 $ 62,182 $ 9,748 $ 1,563,157 Pass 310,736 304,555 218,447 174,865 148,298 292,356 62,182 8,036 1,519,475 Special Mention 1,210 1,131 — — 3,286 722 — 1,712 8,061 Substandard 85 — 1,610 2,824 6,302 24,800 — — 35,621 Non-Owner Occupied $ 809,784 $ 511,803 $ 449,734 $ 209,010 $ 258,914 $ 510,213 $ 81,238 $ 26,220 $ 2,856,916 Pass 800,348 503,009 436,387 185,353 203,128 464,713 81,238 16,314 2,690,490 Special Mention 9,235 8,794 11,356 23,650 33,176 8,383 — — 94,594 Substandard 201 — 1,991 7 22,610 37,117 — 9,906 71,832 Land Development $ 46,303 $ 19,060 $ 11,040 $ 7,909 $ 5,098 $ 16,544 $ 9,938 $ — $ 115,892 Pass 46,034 17,030 11,040 7,857 5,098 10,656 9,938 — 107,653 Special Mention 44 — — — — 5,141 — — 5,185 Substandard 225 2,030 — 52 — 747 — — 3,054 Installment loans to individuals $ — $ — $ 42 $ — $ — $ — $ — $ — $ 42 Pass — — 42 — — — — — 42 Special Mention — — — — — — — — — Substandard — — — — — — — — — Total loans subject to risk rating $ 2,135,373 $ 1,537,221 $ 1,038,630 $ 506,949 $ 480,650 $ 927,380 $ 780,093 $ 43,621 $ 7,449,917 Pass 2,120,941 1,524,037 1,020,225 478,064 410,870 835,800 774,701 30,620 7,195,258 Special Mention 12,885 10,310 13,154 24,177 37,067 15,539 651 1,712 115,495 Substandard 1,547 2,874 5,251 4,708 32,713 76,041 4,741 11,289 139,164 The following tables present the performing status of the Company’s loan portfolio not subject to risk rating as of the dates presented: Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total December 31, 2022 Commercial, Financial, Agricultural $ 13 $ — $ — $ — $ — $ 16,163 $ — $ — $ 16,176 Performing Loans 13 — — — — 16,163 — — 16,176 Non-Performing Loans — — — — — — — — — Lease Financing Receivables $ — $ — $ — $ — $ — $ — $ — $ — $ — Performing Loans — — — — — — — — — Non-Performing Loans — — — — — — — — — Real Estate - Construction $ 57,570 $ 61,245 $ 497 $ — $ — $ — $ — $ — $ 119,312 Residential $ 57,570 $ 61,245 $ 497 $ — $ — $ — $ — $ — $ 119,312 Performing Loans 57,493 61,245 497 — — — — — 119,235 Non-Performing Loans 77 — — — — — — — 77 Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial $ — $ — $ — $ — $ — $ — $ — $ — $ — Performing Loans — — — — — — — — — Non-Performing Loans — — — — — — — — — Real Estate - 1-4 Family Mortgage $ 704,214 $ 546,256 $ 351,213 $ 155,549 $ 116,951 $ 319,567 $ 481,254 $ 3,773 $ 2,678,777 Primary $ 694,941 $ 541,801 $ 350,205 $ 154,979 $ 115,876 $ 318,364 $ — $ 63 $ 2,176,229 Performing Loans 694,221 538,870 345,912 150,821 109,156 307,178 — 63 2,146,221 Non-Performing Loans 720 2,931 4,293 4,158 6,720 11,186 — — 30,008 Home Equity $ — $ 111 $ — $ — $ — $ 676 $ 481,254 $ 3,710 $ 485,751 Performing Loans — 111 — — — 609 480,094 3,026 483,840 Non-Performing Loans — — — — — 67 1,160 684 1,911 Rental/Investment $ — $ — $ — $ — $ — $ 145 $ — $ — $ 145 Performing Loans — — — — — 145 — — 145 Non-Performing Loans — — — — — — — — — Land Development $ 9,273 $ 4,344 $ 1,008 $ 570 $ 1,075 $ 382 $ — $ — $ 16,652 Performing Loans 9,257 4,344 1,008 570 1,075 319 — — 16,573 Non-Performing Loans 16 — — — — 63 — — 79 Real Estate - Commercial Mortgage $ 4,805 $ 3,518 $ 2,587 $ 1,281 $ 691 $ 435 $ — $ — $ 13,317 Owner-Occupied $ — $ — $ 131 $ — $ — $ — $ — $ — $ 131 Performing Loans — — 131 — — — — — 131 Non-Performing Loans — — — — — — — — — Non-Owner Occupied $ — $ — $ 28 $ — $ — $ — $ — $ — $ 28 Performing Loans — — 28 — — — — — 28 Non-Performing Loans — — — — — — — — — Land Development $ 4,805 $ 3,518 $ 2,428 $ 1,281 $ 691 $ 435 $ — $ — $ 13,158 Performing Loans 4,805 3,518 2,422 1,281 691 435 — — 13,152 Non-Performing Loans — — 6 — — — — — 6 Installment loans to individuals $ 44,255 $ 15,976 $ 6,416 $ 14,252 $ 17,095 $ 10,626 $ 16,062 $ 39 $ 124,721 Performing Loans 44,227 15,927 6,389 14,211 17,076 10,532 16,062 35 124,459 Non-Performing Loans 28 49 27 41 19 94 — 4 262 Total loans not subject to risk rating $ 810,857 $ 626,995 $ 360,713 $ 171,082 $ 134,737 $ 346,791 $ 497,316 $ 3,812 $ 2,952,303 Performing Loans 810,016 624,015 356,387 166,883 127,998 335,381 496,156 3,124 2,919,960 Non-Performing Loans 841 2,980 4,326 4,199 6,739 11,410 1,160 688 32,343 Term Loans Amortized Cost Basis by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Revolving Loans Converted to Term Total December 31, 2021 Commercial, Financial, Agricultural $ 71 $ — $ — $ 1 $ — $ 8,983 $ 23,464 $ — $ 32,519 Performing Loans 71 — — 1 — 8,983 23,464 — 32,519 Non-Performing Loans — — — — — — — — — Lease Financing Receivables $ 26,301 $ 23,270 $ 15,504 $ 7,713 $ 2,169 $ 1,168 $ — $ — $ 76,125 Performing Loans 26,301 23,270 15,504 7,713 2,167 1,159 — — 76,114 Non-Performing Loans — — — — 2 9 — — 11 Real Estate - Construction $ 57,283 $ 12,561 $ 1,615 $ — $ — $ — $ — $ — $ 71,459 Residential $ 57,283 $ 12,561 $ 1,615 $ — $ — $ — $ — $ — $ 71,459 Performing Loans 57,283 12,561 1,615 — — — — — 71,459 Non-Performing Loans — — — — — — — — — Commercial $ — $ — $ — $ — $ — $ — $ — $ — $ — Performing Loans — — — — — — — — — Non-Performing Loans — — — — — — — — — Real Estate - 1-4 Family Mortgage $ 554,483 $ 419,252 $ 205,216 $ 157,015 $ 137,607 $ 308,441 $ 448,379 $ 4,131 $ 2,234,524 Primary $ 542,659 $ 415,863 $ 203,941 $ 154,655 $ 134,194 $ 305,457 $ — $ 81 $ 1,756,850 Performing Loans 542,053 414,931 201,475 149,478 131,571 298,023 — 81 1,737,612 Non-Performing Loans 606 932 2,466 5,177 2,623 7,434 — — 19,238 Home Equity $ 111 $ — $ 79 $ 767 $ 2,441 $ 2,331 $ 448,379 $ 4,050 $ 458,158 Performing Loans 111 — 79 767 2,441 2,204 447,298 3,740 456,640 Non-Performing Loans — — — — — 127 1,081 310 1,518 Rental/Investment $ — $ — $ 99 $ — $ 23 $ 218 $ — $ — $ 340 Performing Loans — — 99 — 23 164 — — 286 Non-Performing Loans — — — — — 54 — — 54 Land Development $ 11,713 $ 3,389 $ 1,097 $ 1,593 $ 949 $ 435 $ — $ — $ 19,176 Performing Loans 11,688 3,298 1,065 1,593 874 435 — — 18,953 Non-Performing Loans 25 91 32 — 75 — — — 223 Real Estate - Commercial Mortgage $ 5,265 $ 3,584 $ 2,082 $ 947 $ 499 $ 695 $ — $ — $ 13,072 Owner-Occupied $ — $ 136 $ 58 $ — $ — $ — $ — $ — $ 194 Performing Loans — 136 58 — — — — — 194 Non-Performing Loans — — — — — — — — — Non-Owner Occupied $ — $ 31 $ — $ — $ — $ — $ — $ — $ 31 Performing Loans — 31 — — — — — — 31 Non-Performing Loans — — — — — — — — — Land Development $ 5,265 $ 3,417 $ 2,024 $ 947 $ 499 $ 695 $ — $ — $ 12,847 Performing Loans 5,265 3,417 2,008 947 499 644 — — 12,780 Non-Performing Loans — — 16 — — 51 — — 67 Installment loans to individuals $ 44,302 $ 15,436 $ 23,114 $ 28,298 $ 11,706 $ 5,798 $ 14,574 $ 70 $ 143,298 Performing Loans 44,254 15,360 23,035 28,270 11,672 5,574 14,557 59 142,781 Non-Performing Loans 48 76 79 28 34 224 17 11 517 Total loans not subject to risk rating $ 687,705 $ 474,103 $ 247,531 $ 193,974 $ 151,981 $ 325,085 $ 486,417 $ 4,201 $ 2,570,997 Performing Loans 687,026 473,004 244,938 188,769 149,247 317,186 485,319 3,880 2,549,369 Non-Performing Loans 679 1,099 2,593 5,205 2,734 7,899 1,098 321 21,628 Related Party Loans Certain executive officers and directors of the Bank and their associates are customers of and have other transactions with Renasant Bank. Related party loans and commitments are made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with persons not related to the Company or the Bank and do not involve more than a normal risk of collectability or present other unfavorable features. A summary of the changes in related party loans follows: Loans at December 31, 2021 $ 29,907 New loans and advances 3,778 Payments received (674) Loans at December 31, 2022 $ 33,011 No related party loans were classified as past due, nonaccrual, impaired or restructured at December 31, 2022 or 2021. Unfunded commitments to certain executive officers and directors and their associates totaled $7,387 and $10,471 at December 31, 2022 and 2021, respectively. During 2022, the Company acquired Southeastern Commercial Finance, LLC and Continental Republic Capital, LLC (doing business as “Republic Business Credit”). The acquired loans were added to the commercial, financial, and agricultural loan category at their fair value of $105,610 at the date of acquisition. The carrying amount of purchased credit deteriorated (“PCD”) loans at the acquisition date is detailed below. Carrying Amount Purchase price of loans at acquisition $ 13,654 Allowance for credit losses at acquisition 11,460 Par value of acquired loans at acquisition $ 25,114

Allowance for Credit Losses

Allowance for Credit Losses	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Allowance for Credit Losses	Allowance for Credit Losses (In Thousands) Allowance for Credit Losses on Loans The following table provides a roll-forward of the allowance for credit losses by loan category and a breakdown of the ending balance of the allowance based on the Company’s credit loss methodology for the periods presented: Commercial Real Estate - Real Estate - Real Estate - Lease Financing Installment Loans to Individuals Total Year Ended December 31, 2022 Allowance for credit losses on loans: Beginning balance $ 33,922 $ 16,419 $ 32,356 $ 68,940 $ 1,486 $ 11,048 $ 164,171 Impact of PCD loans acquired during the period 11,460 — — — — — 11,460 Charge-offs (5,120) — (757) (5,134) (7) (3,167) (14,185) Recoveries 2,471 — 821 418 146 3,000 6,856 Net charge-offs (2,649) — 64 (4,716) 139 (167) (7,329) Provision (recoveries) of credit losses on loans 1,522 2,695 12,307 7,574 838 (1,148) 23,788 Ending balance $ 44,255 $ 19,114 $ 44,727 $ 71,798 $ 2,463 $ 9,733 $ 192,090 Period-End Amount Allocated to: Individually evaluated $ 4,397 $ — $ 46 $ 1,729 $ — $ 270 $ 6,442 Collectively evaluated 39,858 19,114 44,681 70,069 2,463 9,463 185,648 Ending balance $ 44,255 $ 19,114 $ 44,727 $ 71,798 $ 2,463 $ 9,733 $ 192,090 Loans: Individually evaluated $ 8,536 $ 489 $ 9,202 $ 10,953 $ — $ 270 $ 29,450 Collectively evaluated 1,665,347 1,329,848 3,207,061 5,107,110 115,013 124,475 11,548,854 Ending balance $ 1,673,883 $ 1,330,337 $ 3,216,263 $ 5,118,063 $ 115,013 $ 124,745 $ 11,578,304 Nonaccruing loans with no allowance for credit losses $ 464 $ — $ 7,278 $ 3,157 $ — $ — $ 10,899 Commercial Real Estate - Real Estate - Real Estate - Lease Financing Installment Loans to Individuals Total Year Ended December 31, 2021 Allowance for credit losses on loans: Beginning balance $ 39,031 $ 16,047 $ 32,165 $ 76,127 $ 1,624 $ 11,150 $ 176,144 Charge-offs (7,087) (52) (1,164) (5,184) (13) (5,374) (18,874) Recoveries 1,470 13 1,498 541 49 5,030 8,601 Net charge-offs (5,617) (39) 334 (4,643) 36 (344) (10,273) Provision for credit losses on loans 508 411 (143) (2,544) (174) 242 (1,700) Ending balance $ 33,922 $ 16,419 $ 32,356 $ 68,940 $ 1,486 $ 11,048 $ 164,171 Period-End Amount Allocated to: Individually evaluated $ 9,239 $ — $ 216 $ 2,401 $ — $ 607 $ 12,463 Collectively evaluated 24,683 16,419 32,140 66,539 1,486 10,441 151,708 Ending balance $ 33,922 $ 16,419 $ 32,356 $ 68,940 $ 1,486 $ 11,048 $ 164,171 Loans: Individually evaluated $ 12,776 $ — $ 5,360 $ 14,623 $ — $ 690 $ 33,449 Collectively evaluated 1,410,494 1,104,896 2,718,886 4,534,414 76,125 142,650 9,987,465 Ending balance $ 1,423,270 $ 1,104,896 $ 2,724,246 $ 4,549,037 $ 76,125 $ 143,340 $ 10,020,914 Nonaccruing loans with no allowance for credit losses $ 397 $ — $ 2,329 $ 5,270 $ — $ 22 $ 8,018 The Company’s allowance for credit loss model considers economic projections, primarily the national unemployment rate and GDP, over a reasonable and supportable period of two years. While credit metrics remained relatively stable, loan growth and acquisitions caused the Company’s allowance model to indicate that an increase to the allowance for credit losses was appropriate during 2022. Allowance for Credit Losses on Unfunded Loan Commitments The following table provides a roll-forward of the allowance for credit losses on unfunded loan commitments for the periods presented. Year Ended 2022 2021 Allowance for credit losses on unfunded loan commitments: Beginning balance $ 20,035 $ 20,535 Provision for (recovery of) credit losses on unfunded loan commitments (included in other noninterest expense) 83 (500) Ending balance $ 20,118 $ 20,035

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment (In Thousands) Bank premises and equipment at December 31 are summarized as follows: 2022 2021 Premises $ 250,038 $ 247,484 Leasehold improvements 33,325 29,412 Furniture and equipment 68,275 65,286 Computer equipment 26,356 24,412 Autos 143 143 Lease right-of-use assets 54,930 63,547 Total 433,067 430,284 Accumulated depreciation (149,472) (137,162) Net $ 283,595 $ 293,122 Depreciation expense was $14,857, $16,406 and $18,699 for the years ended December 31, 2022, 2021 and 2020, respectively. See Note 23, “Leases,” for further details regarding the Company’s right-of-use assets.

Other Real Estate Owned

Other Real Estate Owned	12 Months Ended
	Dec. 31, 2022
Real Estate [Abstract]
Other Real Estate Owned	Other Real Estate Owned (In Thousands) The following table provides details of the Company’s other real estate owned (“OREO”), net of valuation allowances and direct write-downs, as of the dates presented: Total December 31, 2022 Residential real estate $ 699 Commercial real estate 62 Residential land development 246 Commercial land development 756 Total $ 1,763 December 31, 2021 Residential real estate $ 259 Commercial real estate 761 Residential land development 305 Commercial land development 1,215 Total $ 2,540 Changes in the Company’s OREO were as follows for the periods presented: Total Balance at December 31, 2020 $ 5,972 Transfers of loans 3,180 Impairments (306) Dispositions (6,166) Other (140) Balance at December 31, 2021 $ 2,540 Transfers of loans 2,207 Impairments (110) Dispositions (2,875) Other 1 Balance at December 31, 2022 $ 1,763 At December 31, 2022 and 2021, the amortized cost of loans secured by Real Estate - 1-4 Family Mortgage in the process of foreclosure was $375 and $22, respectively. Components of the line item “Other real estate owned” in the Consolidated Statements of Income were as follows, as of the dates presented: December 31, 2022 2021 2020 Repairs and maintenance $ 54 $ 79 $ 279 Property taxes and insurance 93 69 364 Impairments 110 306 2,160 Net gains on OREO sales (703) (176) (23) Rental income (7) (25) (26) Total $ (453) $ 253 $ 2,754

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets (In Thousands) Changes in the carrying amount of goodwill during the years ended December 31, 2022 were as follows: Community Banks Insurance Total Balance at December 31, 2020 $ 936,916 $ 2,767 $ 939,683 Additions to goodwill and other adjustments — — — Balance at December 31, 2021 $ 936,916 $ 2,767 $ 939,683 Additions to goodwill from the Southeastern Commercial Finance, LLC acquisition 6,608 — 6,608 Additions to goodwill from the Continental Republic Capital, LLC acquisition 45,417 — 45,417 Balance at December 31, 2022 $ 988,941 $ 2,767 $ 991,708 The following table provides a summary of finite-lived intangible assets as of the dates presented: Gross Carrying Accumulated Net Carrying December 31, 2022 Core deposit intangible $ 82,492 $ (64,339) $ 18,153 Customer relationship intangible 7,670 (1,647) 6,023 Total finite-lived intangible assets $ 90,162 $ (65,986) $ 24,176 December 31, 2021 Core deposit intangible $ 82,492 $ (59,399) $ 23,093 Customer relationship intangible 2,470 (1,465) 1,005 Total finite-lived intangible assets $ 84,962 $ (60,864) $ 24,098 Core deposit intangible amortization expense for the years ended December 31, 2022, 2021 and 2020 was $4,941, $5,861 and $6,940, respectively. Customer relationship intangible amortization expense for the year ended December 31, 2022, 2021 and 2020 was $181, $181 and $181, respectively. The estimated amortization expense of finite-lived intangible assets for the five succeeding fiscal years is summarized as follows: Core Deposit Intangible Customer Relationship Intangible Total 2023 $ 4,042 $ 1,336 $ 5,378 2024 3,498 1,192 4,690 2025 3,102 1,048 4,150 2026 2,899 860 3,759 2027 2,775 628 3,403

Mortgage Servicing Rights

Mortgage Servicing Rights	12 Months Ended
	Dec. 31, 2022
Transfers and Servicing [Abstract]
Mortgage Servicing Rights	Mortgage Servicing Rights (In Thousands) Changes in the Company’s mortgage servicing rights (“MSRs”) were as follows, for the periods presented: Carrying Value at January 1, 2021 $ 62,994 Capitalization 33,948 Amortization (21,485) Valuation adjustment 13,561 Carrying Value at December 31, 2021 $ 89,018 Sale of MSRs (15,565) Capitalization 22,788 Amortization (11,793) Carrying Value at December 31, 2022 $ 84,448 The valuation adjustments reflected in the table above as well as any gains recognized on the sale of MSRs are included in “Mortgage banking income” in the Consolidated Statements of Income. The movement of mortgage interest rates has an inverse relationship with prepayment speeds and discount rates. Data and key economic assumptions related to the Company’s mortgage servicing rights as of December 31 are as follows: 2022 2021 2020 Unpaid principal balance $ 7,494,413 $ 8,728,629 $ 7,322,671 Weighted-average prepayment speed (CPR) 7.00 % 10.56 % 15.05 % Estimated impact of a 10% increase $ (5,393) $ (3,875) $ (4,001) Estimated impact of a 20% increase (10,354) (7,464) (7,674) Discount rate 10.30 % 9.82 % 9.86 % Estimated impact of a 100bp increase $ (1,765) $ (4,153) $ (2,144) Estimated impact of a 200bp increase (3,957) (8,119) (4,144) Weighted-average coupon interest rate 3.51 % 3.29 % 3.58 % Weighted-average servicing fee (basis points) 32.44 30.37 29.94 Weighted-average remaining maturity (in years) 8.33 6.69 5.14 The Company recorded servicing fees of $18,452, $17,968 and $12,628, for the twelve months ended December 31, 2022, 2021 and 2020, respectively. These fees are included under the line item “Mortgage banking income” in the Consolidated Statements of Income.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2022
Mortgage Banking [Abstract]
Deposits	Deposits (In Thousands) The following is a summary of deposits as of December 31: 2022 2021 Noninterest-bearing deposits $ 4,558,756 $ 4,718,124 Interest-bearing demand deposits 6,151,142 6,695,879 Savings deposits 1,081,628 1,080,338 Time deposits (1) 1,695,440 1,411,383 Total deposits $ 13,486,966 $ 13,905,724 (1) Includes brokered deposits in the amount of $233,133 for 2022. The approximate scheduled maturities of time deposits, including brokered deposits, at December 31, 2022 are as follows: 2023 $ 1,236,045 2024 336,382 2025 87,883 2026 19,575 2027 12,129 Thereafter 3,426 Total $ 1,695,440 The aggregate amount of time deposits in denominations of $250 or more at December 31, 2022 and 2021 was $402,289 and $326,076, respectively. Certain executive officers and directors and their respective affiliates had amounts on deposit with Renasant Bank of approximately $25,537 and $27,908 at December 31, 2022 and 2021, respectively.

Short-Term Borrowings

Short-Term Borrowings	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Short-Term Borrowings	Short-Term Borrowings (In Thousands) Short-term borrowings as of December 31 are summarized as follows: 2022 2021 Securities sold under agreements to repurchase $ 12,232 $ 13,947 Federal Home Loan Bank short-term advances 700,000 — Total short-term borrowings $ 712,232 $ 13,947 Securities sold under agreements to repurchase (“repurchase agreements”) represent funds received from customers, generally on an overnight or continuous basis, which are collateralized by investment securities owned or, at times, borrowed and re-hypothecated by the Company. The securities used as collateral consist primarily of U.S. Government agency mortgage backed securities, U.S. Government agency collateralized mortgage obligations, obligations of U.S. Government agencies, and obligations of states and political subdivisions. All securities are maintained by the Company’s safekeeping agents. These securities are reviewed by the Company on a daily basis, and the Company may be required to provide additional collateral due to changes in the fair market value of these securities. The terms of the Company’s repurchase agreements are continuous but may be canceled at any time by the Company or the customer. Federal funds, of which there were none at December 31, 2022 and 2021, are short term borrowings, generally overnight borrowings, between financial institutions that are generally used to maintain reserve requirements at the Federal Reserve Bank or elsewhere. FHLB short-term advances are borrowings with original maturities of less than one year. In connection with the prepayment of $430,000 in short-term advances from the FHLB during 2020, the Company incurred penalty charges of $121 which is included in the line item “Debt prepayment penalty” in the Consolidated Statements of Income. The Company did not prepay any outstanding short-term advances from the FHLB in 2022 and 2021. The Company had availability on unused lines of credit with the FHLB of $3,651,678 at December 31, 2022. The average balances and cost of funds of short-term borrowings for the years ending December 31 are summarized as follows: Average Balances Cost of Funds 2022 2021 2020 2022 2021 2020 Federal Home Loan Bank short-term advances $ 175,370 $ — $ 345,601 2.52 % — % 1.09 % Federal funds purchased 97 747 363 3.97 0.33 — Securities sold under agreements to repurchase 12,217 12,662 10,889 0.36 0.29 0.30 Total short-term borrowings $ 187,684 $ 13,409 $ 356,853 2.38 % 0.29 % 1.07 % The Company maintains lines of credit with correspondent banks totaling $180,000 at December 31, 2022. Interest is charged at the market federal funds rate on all advances. There were no amounts outstanding under these lines of credit at December 31, 2022 or 2021.

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt (In Thousands) Long-term debt as of December 31, 2022 and 2021 is summarized as follows: 2022 2021 Federal Home Loan Bank advances $ — $ 417 Junior subordinated debentures 112,042 111,373 Subordinated notes 316,091 359,419 Total long-term debt $ 428,133 $ 471,209 Federal Home Loan Bank Advances The Company did not prepay any outstanding long-term advances from the FHLB during 2022 and 2020. In connection with the prepayment of $150,000 in long-term advances from the FHLB during 2021, the Company incurred penalty charges of $6,123 which is included in the line item “Debt prepayment penalty” in the Consolidated Statements of Income. Junior Subordinated Debentures The Company owns the outstanding common securities of business trusts that issued corporation-obligated mandatorily redeemable preferred capital securities to third-party investors. The trusts used the proceeds from the issuance of their preferred capital securities and common securities (collectively referred to as “capital securities”) to buy floating rate junior subordinated debentures issued by the Company (or by companies that the Company subsequently acquired). The debentures are the trusts’ only assets and interest payments from the debentures finance the distributions paid on the capital securities. Distributions on the capital securities are payable quarterly at a rate per annum equal to the interest rate being earned by the trusts on the debentures held by the trusts. The capital securities are subject to mandatory redemption, in whole or in part, upon repayment of the debentures. The Company has entered into an agreement which fully and unconditionally guarantees the capital securities of each trust subject to the terms of the guarantee. The interest rate on the debentures reprices quarterly equal to the three-month LIBOR at the determination date plus the applicable spread. The debentures owned by the respective trusts are currently redeemable at par. The following table provides the details of the debentures as of December 31, 2022: Principal Carrying Value Spread (in bps) Year of Amount PHC Statutory Trust I $ 20,619 $ 20,619 285 2033 $ 20,000 PHC Statutory Trust II 31,959 31,959 187 2035 31,000 Capital Bancorp Capital Trust I 12,372 12,372 150 2035 12,000 First M&F Statutory Trust I 30,928 23,751 133 2036 22,822 Brand Trust I 10,310 9,573 205 2035 9,263 Brand Trust II 5,155 5,205 300 2037 5,050 Brand Trust III 5,155 5,205 300 2038 5,050 Brand Trust IV 3,093 3,358 375 2038 3,265 Total $ 112,042 $ 108,450 The Company has entered into interest rate swap agreements on the PHC Statutory Trust I, Capital Bancorp Capital Trust I, and First M&F Statutory Trust I pursuant to which the Company received an amount approximately equal to the interest paid on the debentures and paid a fixed rate of interest equal to 5.49%, 4.42%, and 4.18%, respectively, at December 31, 2022. The Company has classified $108,450 of the debentures described in the above paragraphs as Tier 1 capital. Federal Reserve guidelines limit the amount of securities that, similar to the Company’s junior subordinated debentures, are includable in Tier 1 capital, but these guidelines did not impact the amount of debentures the Company includes in Tier 1 capital. Although the Company’s existing junior subordinated debentures are currently unaffected by these Federal Reserve guidelines, on account of changes enacted as part of the Dodd-Frank Act, any new trust preferred securities are not includable in Tier 1 capital. Further, if the Company makes any acquisition now that it exceeds $15,000,000 in assets, the Company will lose Tier 1 treatment of our junior subordinated debentures. For more information about the Company’s derivative financial instruments, see Note 13, “Derivative Instruments.” Subordinated notes During October and December 2021, respectively, the Company redeemed at par its $15,000 6.50% fixed-to-floating rate subordinated notes and redeemed $30,000 of its aggregate $60,000 5.00% fixed-to-floating rate subordinated notes, with the remaining $30,000 of such notes redeemed in the first quarter of 2022. The Company has issued and sold fixed-to-floating rate subordinated notes (referred to collectively as the “Notes”) in underwritten public offerings at a price equal to 100% of the aggregate principal amounts of the Notes. Interest on the Notes is payable semi-annually in arrears at the applicable fixed rate until but excluding the fixed to floating transition date and payable quarterly in arrears thereafter at the applicable benchmark rate plus spread, until but excluding the maturity date or earlier redemption date. A summary of the Notes is as follows: Issue Date Initial principal Fixed rate Fixed to floating transition date Benchmark rate Spread (in bps) Debt outstanding Maturity August 22, 2016 $ 40,000 5.50% September 1, 2026 3-month LIBOR 407.1 $ 40,000 September 1, 2031 September 3, 2020 $ 100,000 4.50% September 15, 2030 3-month SOFR 402.5 $ 100,000 September 15, 2035 November 23, 2021 $ 200,000 3.00% December 1, 2026 3-month SOFR 191 $ 200,000 December 1, 2031 Debt issuance costs and fair value adjustment (23,909) Total subordinated debt $ 316,091 Beginning with the fixed to floating transition date and on any interest payment date thereafter, the Company may redeem the applicable Notes in whole or in part at a redemption price equal to 100% of the principal amount of the respective Notes to be redeemed plus accrued and unpaid interest to but excluding the date of redemption. The Company may also redeem any series of the Notes at any time, at the Company’s option, in whole or in part, if: (i) a change or prospective change in law occurs that could prevent the Company from deducting interest payable on the Notes for U.S. federal income tax purposes; (ii) a subsequent event occurs that could preclude the Notes from being recognized as Tier 2 capital for regulatory capital purposes; or (iii) the Company is required to register as an investment company under the Investment Company Act of 1940, as amended. In each case, the redemption price is 100% of the principal amount of the Notes being redeemed plus any accrued and unpaid interest to but excluding the redemption date. There is no sinking fund for the benefit of the Notes, and none of the Notes are convertible or exchangeable. The aggregate stated maturities of long-term debt outstanding at December 31, 2022, are summarized as follows: Federal Home Loan Bank advances Junior subordinated debentures Subordinated notes Total 2023 $ — $ — $ — $ — 2024 — — — — 2025 — — — — 2026 — — — — 2027 — — — — Thereafter — 112,042 316,091 428,133 Total $ — $ 112,042 $ 316,091 $ 428,133

Employee Benefit and Deferred C

Employee Benefit and Deferred Compensation Plans	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Employee Benefit and Deferred Compensation Plans	Employee Benefit and Deferred Compensation Plans (In Thousands, Except Share Data) Pension and Post-retirement Medical Plans The Company sponsors a noncontributory defined benefit pension plan, under which participation and benefit accruals ceased as of December 31, 1996. The Company’s funding policy is to contribute annually to the plan an amount not less than the minimum required contribution, as determined annually by consulting actuaries in accordance with funding standards imposed under the Internal Revenue Code of 1986, as amended. No contributions were made or required in 2022 or 2021. The Company does not anticipate that a contribution will be required in 2023. The plan’s accumulated benefit obligation and projected benefit obligation are substantially the same since benefit accruals have ceased. The accumulated benefit obligation was $21,230 and $27,567 at December 31, 2022 and 2021, respectively. There is no additional minimum pension liability required to be recognized. The Company provides retiree medical benefits, consisting of the opportunity to purchase coverage at subsidized rates under the Company’s group medical plan. Employees eligible to participate must (i) have been employed by the Company and enrolled in the Company’s group medical plan as of December 31, 2004 and (ii) retire from the Company between ages 55 and 65 with at least 15 years of service or 70 points (points determined as the sum of the employee’s age and years of service). The Company periodically determines the portion of the premiums to be paid by each retiree and the portion to be paid by the Company. Coverage ceases when a retiree attains age 65 and is eligible for Medicare. The Company contributed $3 and $231 to the plan in 2022 and 2021, respectively; the Company expects to contribute approximately $163 in 2023. The Company accounts for its obligations related to retiree benefits in accordance with ASC 715, “ Compensation – Retirement Benefits .” The assumed rate of increase in the per capita cost of covered benefits (i.e., the health care cost trend rate) for 2022 is 7.5%. Increasing or decreasing the assumed health care cost trend rates by one percentage point in each year would not materially increase or decrease the accumulated post-retirement benefit obligation or the service and interest cost components of net periodic post-retirement benefit costs as of December 31, 2022 and for the year then ended. In 2020, the Company offered a voluntary early retirement program (referred to as the “VERP”) to eligible employees. Among other items, participants in the VERP received accelerated payouts from the Company’s defined benefit pension plan, retiree medical benefits on terms substantially identical to those applicable to other retirees, and other cash payments. Cash payments are a noninterest expense and are included in the “Restructuring charges” line item on the Consolidated Statements of Income. The following table presents information relating to the defined benefit pension plan maintained by Renasant Bank (“Pension Benefits - Renasant”) and the post-retirement health and life plan (“Other Benefits”) as of December 31, 2022 and 2021: Pension Benefits Renasant Other Benefits 2022 2021 2022 2021 Change in benefit obligation Benefit obligation at beginning of year $ 27,567 $ 28,226 $ 586 $ 1,019 Service cost — — 4 5 Interest cost 738 682 12 14 Plan participants’ contributions — — 85 152 Actuarial loss (gain) (5,256) 672 (48) (221) Benefits paid (1) (1,819) (2,013) (88) (383) Benefit obligation at end of year $ 21,230 $ 27,567 $ 551 $ 586 Change in fair value of plan assets Fair value of plan assets at beginning of year $ 30,399 $ 30,549 Actual return on plan assets (7,726) 1,863 Contribution by employer — — Benefits paid (1,819) (2,013) Fair value of plan assets at end of year $ 20,854 $ 30,399 Funded status at end of year $ (376) $ 2,832 $ (551) $ (586) Weighted-average assumptions as of December 31 Discount rate used to determine the benefit obligation 4.94 % 2.79 % 4.74 % 2.35 % (1) Attributable to retiree medical benefits. The discount rate assumptions at December 31, 2022 were determined using a yield curve approach. A yield curve was developed from a selection of high quality fixed-income investments whose cash flows approximate the timing and amount of expected cash flows from the plans. The selected discount rate is the rate that produces the same present value of the plans’ projected benefit payments. 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, 2022, 2021 and 2020 are as follows: Pension Benefits Renasant Other Benefits 2022 2021 2020 2022 2021 2020 Service cost $ — $ — $ — $ 4 $ 5 $ 6 Interest cost 738 682 984 12 14 13 Expected return on plan assets (1,684) (1,768) (1,651) — — — Prior service cost recognized (1) — — — — — 485 Recognized actuarial loss (gain) 243 265 349 (76) (3) (90) Settlement/curtailment/termination losses (1) — — 567 — — — Net periodic benefit cost (703) (821) 249 (60) 16 414 Net actuarial loss (gain) arising during the period 4,155 577 (1,090) (48) (221) 21 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 (243) (265) (349) 76 3 90 Amortization of prior service cost (1) — — — — — (485) Total recognized in other comprehensive income 3,912 312 (2,006) 28 (218) 111 Total recognized in net periodic benefit cost and other comprehensive income $ 3,209 $ (509) $ (1,757) $ (32) $ (202) $ 525 Weighted-average assumptions as of December 31 Discount rate used to determine net periodic pension cost 2.79 % 2.44 % 3.59 % 2.35 % 1.77 % 2.91 % Expected return on plan assets 5.75 % 6.00 % 6.00 % N/A N/A N/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 Renasant defined benefit pension plan and other benefits are as follows: Pension Benefits Renasant Other 2023 $ 2,187 $ 163 2024 2,037 69 2025 2,032 80 2026 1,948 74 2027 1,871 63 2028 - 2032 8,700 158 Amounts recognized in accumulated other comprehensive income, before tax, for the year ended December 31, 2022 are as follows: Pension Benefits Renasant Other Prior service cost $ — $ — Actuarial loss (gain) 11,306 (271) Total $ 11,306 $ (271) The estimated costs that will be amortized from accumulated other comprehensive income into net periodic benefit cost during 2023 are as follows: Pension Benefits Renasant Other Prior service cost $ — $ — Actuarial loss (gain) 243 (76) Total $ 243 $ (76) Substantially all of the assets of the Company’s defined benefit pension plan are invested in a collective trust, which in turn invests in other collective or pooled trusts with individual investment mandates. The collective trust’s asset allocation is approximately 57% in growth assets, consisting of interests in trusts invested in equity securities, high yield fixed income securities, and direct real estate investments (approximately 8% of assets), and approximately 43% in assets intended to hedge against the volatility arising from interest rate risk, consisting of interests in trusts invested in long duration fixed income securities. The collective trust is actively managed allowing changes in the asset allocation to enhance returns and mitigate risk, with the mandate to preserve the funded status of the plan through portfolio growth and interest rate hedging. Management’s investment committee periodically reviews the collective trust’s performance and asset allocation to ensure that the plan’s investment objectives are satisfied and that the investment strategy of the trust has not materially changed. The expected long-term rate of return was estimated using market benchmarks for investment classes applied to the plan’s target asset allocation and was computed using a valuation methodology which projects future returns based on current valuations rather than historical returns. The fair values of the Company’s defined benefit pension plan assets by category at December 31, 2022 and 2021 are below. Investments in collective trusts, which are measured at net asset value per share (or “NAV”), consist of trusts that invest primarily in liquid equity and fixed income securities and have a small direct investment in real estate. There is generally no restriction on redemptions or withdrawals for benefit payments or in the event of plan termination; 60 days notice is required to redeem or withdraw assets for any other purpose. Quoted Prices In Significant Significant Measured at NAV Totals December 31, 2022 Cash and cash equivalents $ 66 $ — $ — $ — $ 66 Investments in collective trusts — — — 20,788 20,788 $ 66 $ — $ — $ 20,788 $ 20,854 Quoted Prices In Significant Significant Measured at NAV Totals December 31, 2021 Cash and cash equivalents $ 42 $ — $ — $ — $ 42 Investments in collective trusts — — — 30,357 30,357 $ 42 $ — $ — $ 30,357 $ 30,399 Other Retirement Plans The Company maintains a 401(k) plan, which is a contributory plan maintained in the form of a “safe harbor” arrangement. Employees are immediately enrolled in the plan and eligible to make pre-tax deferrals, subject to limits imposed under the plan and the deferral limit established annually by the IRS, and receive Company matching contributions not in excess of 4% of compensation. The Company may make a discretionary profit-sharing contribution for each eligible participant in an amount up to 5% of plan compensation and 5% of plan compensation in excess of the Social Security wage base (prior to 2020, the profit-sharing contribution was non-discretionary). To be eligible to receive this profit-sharing contribution, an employee must: (i) be employed on the last day of the year and be credited with 1000 hours of service during the year; (ii) die or become disabled during the year; or (iii) have attained the early or normal retirement age (as defined in the plan). Senior executive officers of the Bank are not eligible to receive these discretionary contributions. No profit-sharing contribution was made for the year 2022. The Company’s costs related to the 401(k) plan, excluding employee deferrals, in 2022, 2021 and 2020 were $7,045, $11,919 and $17,888, respectively. Deferred Compensation Plans and Arrangements The Company maintains two deferred compensation plans: a Deferred Stock Unit Plan and a Deferred Income Plan. Nonemployee directors may defer all or a portion of their retainer; eligible officers may defer base salary and bonus subject to limits determined annually by the Company. Amounts deferred to the Deferred Stock Unit Plan are invested in units representing shares of the Company’s common stock; benefits are paid in the form of common stock, with cash distributed in lieu of fractional shares. Amounts deferred to the Deferred Income Plan are notionally invested in the discretion of each participant from among investment alternatives substantially similar to those available under the Company’s 401(k) plan. Directors and officers who participated in the predecessor to the Deferred Income Plan as of December 31, 2006, may also invest in a preferential interest rate alternative that is derived from the Moody’s Average Corporate Bond Rate. Benefits payable from the Deferred Income Plan equal the account balance of each participant. Beneficiaries of directors and officers who have continuously deferred at rates prescribed by the Company since January 1, 2005, and who die while employed by the Company or serving as a director may receive an additional preretirement death benefit from the Deferred Income Plan. In connection with the Company’s acquisition of Brand Group Holdings, Inc. (“Brand”), the Company assumed the Brand Group Holdings, Inc. Deferred Compensation Plan. Deferral elections in effect as of the time of acquisition were given effect for compensation earned during 2018; no further deferrals have been or will be made to the plan. Account balances maintained under the plan will be distributed as provided under the terms of the plan and individual participant elections. Pending distribution, balances will be notionally invested by each participant in designated investment alternatives. The Company’s Deferred Stock Unit and Deferred Income Plan are unfunded. It is anticipated that such plans will result in no additional cost to the Company because life insurance policies on the lives of participants have been purchased in amounts estimated to be sufficient to pay plan benefits. The Company is both the owner and beneficiary of the policies. The expense recorded in 2022, 2021 and 2020 for the Company’s Deferred Stock Unit and Deferred Income Plan, including deferrals, was $1,486, $3,274 and $3,965, respectively. In 2007, the Company assumed supplemental executive retirement plans (SERPs) in connection with the acquisition of Capital Bancorp, Inc. and its affiliates. The plans are designed to provide four officers specified annual benefits for a 15-year period upon the attainment of a designated retirement age. Liabilities associated with the SERPs totaled $3,523 and $3,679 at December 31, 2022 and 2021, respectively. The plans are not qualified under Section 401 of the Internal Revenue Code. Incentive Compensation Plans Under the Company’s Performance Based Rewards Plan, annual cash bonuses are paid to eligible officers and employees, subject to the attainment of designated performance criteria that may relate to the Company’s performance, the performance of an affiliate, region, division or profit center, and/or to individual or team performance. The Company annually sets minimum, target, and superior levels of performance. Minimum performance must be attained for the payment of any bonus; superior performance must be attained for maximum payouts. The expense associated with the plan for 2022, 2021 and 2020 was $9,545, $8,609 and $6,425, respectively. In 2020, the Company implemented the 2020 Long-Term Incentive Compensation Plan that provides for the grant of stock options and stock appreciation rights and the award of restricted stock and restricted stock units (which replaced the Company’s previous long-term equity incentive compensation plan, under which restricted stock awards remain outstanding). Options granted under the plan permit the acquisition of shares of the Company’s common stock at an exercise price equal to the fair market value of the shares on the date of grant. Options may be subject to time-based vesting or the attainment of performance criteria; all options expire ten years after the date of grant. Options that do not vest or expire unexercised are forfeited and canceled. Stock appreciation rights may be granted under the plan on terms similar to options. There were no stock options or stock appreciation rights granted during the years ended December 31, 2022, 2021 or 2020. There was no compensation expense (recognized or unrecognized) associated with options for the years ended December 31, 2022, 2021 or 2020. No options remained outstanding as of December 31, 2021. The following table summarizes information about options outstanding, exercised and forfeited as of and for the years ended December 31, 2021 and 2020: Shares Weighted Weighted Aggregate Outstanding at January 1, 2020 29,250 $ 15.86 Granted — — Exercised (18,750) 16.37 Forfeited — — Outstanding at December 31, 2020 10,500 $ 14.96 1.00 $ 191 Exercisable at December 31, 2020 10,500 $ 14.96 1.00 $ 191 Granted — — Exercised (10,500) 14.96 Forfeited — — Outstanding at December 31, 2021 — $ — 0.00 $ — Exercisable at December 31, 2021 — $ — 0.00 $ — The total intrinsic value of options exercised during the years ended December 31, 2021 and 2020 was $262 and $279, respectively. All options that were fully vested and exercisable as of December 31, 2017 have been exercised. The plan permits the award of performance-based restricted stock to officers and employees and time-based restricted stock to non-employee directors, officers and employees. The plan also permits the award of restricted stock units to officers and employees on terms similar to restricted stock awards. Performance-based awards are subject to the attainment of designated performance criteria during a fixed performance cycle. Performance criteria may relate to the Company’s performance measured on an absolute basis or relative to a defined peer group. Performance criteria may also relate to the performance of an affiliate, region, division or profit center of the Company or to individual performance. The Company annually sets minimum, target, and superior levels; minimum performance must be attained for the vesting of any shares; superior performance must be attained for maximum payouts. Time-based restricted stock awards relate to a fixed number of shares that vest at the end of a designated service period. In 2022, the Company made performance-based and time-based restricted stock awards; restricted stock units were not awarded. The fair value of each restricted stock award is the closing price of the Company’s common stock on the business day immediately preceding the date of the award. For restricted stock awarded under the plan, the Company recorded compensation expense of $11,244, $9,882 and $10,419 for the years ended December 31, 2022, 2021 and 2020, respectively. The following table summarizes the changes in restricted stock as of and for the year ended December 31, 2022: Performance- Weighted Time- Weighted Not vested at beginning of year 146,561 $ 34.67 603,714 $ 34.48 Awarded 81,308 38.45 324,633 37.20 Vested (66,566) 35.42 (222,283) 32.81 Forfeited and cancelled (5,465) 37.26 (25,661) 37.20 Not vested at end of year 155,838 $ 36.23 680,403 $ 36.23 Unrecognized stock-based compensation expense related to restricted stock totaled $12,990 at December 31, 2022. As of such date, the weighted average period over which the unrecognized expense is expected to be recognized was approximately 1.97 years. At December 31, 2022, an aggregate of 2,543,213 shares of Company common stock were available for issuance under the Company’s employee benefit plans of which 982,176 shares were available for issuance under the Company’s 401(k) plan, 145,273 shares were available under the Company’s Deferred Stock Unit Plan, and 1,073,186 shares were available under the Company’s 2020 Long-Term Incentive Compensation Plan.

Derivative Instruments

Derivative Instruments	12 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments (In Thousands) The Company uses certain derivative instruments to meet the needs of customers as well as to manage the interest rate risk associated with certain transactions. Non-hedge derivatives The Company enters into derivative instruments that are not designated as hedging instruments to help its commercial customers manage their exposure to interest rate fluctuations. To mitigate the interest rate risk associated with these customer contracts, the Company enters into an offsetting derivative contract position. The Company manages its credit risk, or potential risk of default by its commercial customers, through credit limit approval and monitoring procedures. The Company enters into interest rate lock commitments with its customers to mitigate the interest rate risk associated with the commitments to fund fixed-rate residential mortgage loans. The Company also enters into forward commitments to sell residential mortgage loans to secondary market investors. The following table provides a summary of the Company’s derivatives not designated as hedging instruments as of the dates presented: Balance Sheet December 31, 2022 December 31, 2021 Location Notional Amount Fair Value Notional Amount Fair Value Derivative assets: Interest rate contracts Other Assets $ 258,646 $ 11,354 $ 185,447 $ 4,711 Interest rate lock commitments Other Assets 62,901 1,231 310,941 5,304 Forward commitments Other Assets 84,000 484 280,000 667 Totals $ 405,547 $ 13,069 $ 776,388 $ 10,682 Derivative liabilities: Interest rate contracts Other Liabilities $ 258,646 $ 11,354 $ 185,447 $ 4,711 Interest rate lock commitments Other Liabilities 19,488 98 19,961 43 Forward commitments Other Liabilities 73,000 1,198 320,000 736 Totals $ 351,134 $ 12,650 $ 525,408 $ 5,490 Gains (losses) included in the Consolidated Statements of Income related to the Company’s derivative financial instruments were as follows, as of the dates presented: Year Ended December 31, 2022 2021 2020 Interest rate contracts: Included in interest income on loans $ 2,470 $ 2,027 $ 2,051 Interest rate lock commitments: Included in mortgage banking income (4,128) (14,563) 15,249 Forward commitments Included in mortgage banking income (645) 5,021 (4,033) Total $ (2,303) $ (7,515) $ 13,267 Derivatives designated as cash flow hedges Cash flow hedge relationships mitigate exposure to the variability of future cash flow or other forecasted transactions. The Company uses interest rate swap contracts in an effort to manage future interest rate exposure on borrowings. The swap hedging strategy converts the LIBOR-based variable interest rate on the forecasted borrowings to a fixed interest rate. The collar hedging strategy stabilizes interest rate fluctuation by setting both a floor and a cap. The Company entered into an interest rate collar in June 2022 with a 2.25% floor and 4.57% cap. The Company entered into a second interest rate collar in October 2022 with a 2.75% floor and 4.75% cap. As of December 31, 2022, the Company is hedging its exposure to the variability of future cash flows through 2032 and a portion of these hedges are forward starting. The following table provides a summary of the Company’s derivatives designated as cash flow hedges as of the dates presented: Balance Sheet December 31, 2022 December 31, 2021 Location Notional Amount Fair Value Notional Amount Fair Value Derivative assets: Interest rate swaps Other Assets $ 130,000 $ 24,514 $ 100,000 $ 7,016 Interest rate collars Other Assets 200,000 464 — — Totals $ 330,000 $ 24,978 $ 100,000 $ 7,016 Derivative liabilities: Interest rate swaps Other Liabilities $ — $ — $ 62,000 $ 2,902 Interest rate collars Other Liabilities 250,000 746 — — Totals $ 250,000 $ 746 $ 62,000 $ 2,902 The impact on other comprehensive income for the years ended December 31, 2022, 2021, and 2020, is described in Note 16, “Other Comprehensive Income (Loss).” In October 2021, the Company terminated four interest rate swap contracts with notional amounts of $25,000 each. These swaps hedged forecasted future FHLB borrowings which were no longer expected to occur. As a result of the termination the Company recognized a gain of $4,676 for the year ended December 31, 2021. In December 2020, the Company terminated two interest rate swap contracts with notional amounts of $15,000 each with ending dates of June 2022 and June 2023, respectively. The Company recorded $2,040 in swap termination charges for the year ended December 31, 2020. Derivatives designated as fair value hedges Fair value hedges protect against changes in the fair value of an asset, liability or firm commitment. The Company enters into interest rate swap agreements to manage interest rate exposure on certain of the Company’s fixed-to-floating rate subordinated notes. The agreements convert the currently-fixed interest rates to LIBOR-based variable interest rates. The following table provides a summary of the Company's derivatives designated as fair value hedges as of the dates presented: Balance Sheet December 31, 2022 December 31, 2021 Location Notional Amount Fair Value Notional Amount Fair Value Derivative liabilities: Interest rate swaps Other Liabilities $ 100,000 $ 19,789 $ 100,000 $ 5,411 The following table presents the effects of the Company’s fair value hedge relationships on the Consolidated Statements of Income for the periods presented: Amount of Gain (Loss) Recognized in Income Income Statement Year ended December 31, Location 2022 2021 2020 Derivative liabilities: Interest rate swaps - subordinated notes Interest Expense $ (14,378) $ (5,202) $ (209) Derivative liabilities - hedged items: Interest rate swaps - subordinated notes Interest Expense $ 14,378 $ 5,202 $ 209 The following table presents the amounts that were recorded in the Consolidated Balance Sheets related to cumulative basis adjustments for fair value hedges as of the dates presented: Carrying Amount of the Hedged Liability Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of the Hedged Liability Balance Sheet Location December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 Long-term debt $ 78,881 $ 93,085 $ 19,789 $ 5,411 Offsetting Certain financial instruments, including derivatives, may be eligible for offset in the consolidated balance sheet when the “right of setoff” exists or when the instruments are subject to an enforceable master netting agreement, which includes the right of the non-defaulting party or non-affected party to offset recognized amounts, including collateral posted with the counterparty, to determine a net receivable or net payable upon early termination of the agreement. Certain of the Company’s derivative instruments are subject to master netting agreements; however, the Company has not elected to offset such financial instruments in the Consolidated Balance Sheets. The following table presents the Company’s gross derivative positions as recognized in the Consolidated Balance Sheets as well as the net derivative positions, including collateral pledged to the extent the application of such collateral did not reduce the net derivative liability position below zero, had the Company elected to offset those instruments subject to an enforceable master netting agreement as of the dates presented: Offsetting Derivative Assets Offsetting Derivative Liabilities December 31, December 31, December 31, December 31, Gross amounts recognized $ 36,493 $ 8,007 $ 22,056 $ 13,436 Gross amounts offset in the consolidated balance sheets — — — — Net amounts presented in the consolidated balance sheets 36,493 8,007 22,056 13,436 Gross amounts not offset in the consolidated balance sheets Financial instruments 22,056 7,208 22,056 7,208 Financial collateral pledged — — — 6,228 Net amounts $ 14,437 $ 799 $ — $ —

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes (In Thousands) Significant components of the provision for income taxes are as follows for the periods presented: Year Ended December 31, 2022 2021 2020 Current Federal $ 39,507 $ 34,629 $ 30,193 State 3,453 895 3,309 42,960 35,524 33,502 Deferred Federal 1,630 9,168 (10,947) State 650 2,243 (2,715) 2,280 11,411 (13,662) $ 45,240 $ 46,935 $ 19,840 The reconciliation of income taxes computed at the United States federal statutory tax rates to the provision for income taxes is as follows, for the periods presented: Year Ended December 31, 2022 2021 2020 Tax at U.S. statutory rate $ 44,375 $ 46,794 $ 21,733 Increase (decrease) in taxes resulting from: Tax-exempt interest income (1,832) (1,669) (1,431) BOLI income (1,946) (1,547) (1,182) Investment tax credits (928) (988) (1,494) Amortization of investment in low-income housing tax credits 683 817 1,280 State income tax expense, net of federal benefit 3,241 2,479 469 Other items, net 1,647 1,049 465 $ 45,240 $ 46,935 $ 19,840 Significant components of the Company’s deferred tax assets and liabilities are as follows for the periods presented: December 31, 2022 2021 Deferred tax assets Allowance for credit losses $ 52,551 $ 50,712 Loans 2,518 2,855 Deferred compensation 14,447 14,522 Net unrealized losses on securities 70,999 3,545 Impairment of assets 316 392 Net operating loss carryforwards 497 1,211 Investments in partnerships 1,164 890 Lease liabilities under operating leases 14,641 17,106 Other 3,523 3,241 Total deferred tax assets 160,656 94,474 Deferred tax liabilities Fixed assets 10,342 5,339 Mortgage servicing rights 19,624 20,779 Junior subordinated debt 1,948 2,130 Intangibles 2,702 3,177 Lease right-of-use asset 14,018 16,209 Other 1,614 1,607 Total deferred tax liabilities 50,248 49,241 Net deferred tax assets $ 110,408 $ 45,233 The effective tax rate was 21.78% and 22.41% for the year ended December 31, 2022 and 2021, respectively. The Company and its subsidiaries file a consolidated U.S. federal income tax return. The Company is currently open to audit under the statute of limitations by the Internal Revenue Service for the years ending December 31, 2020 through 2022. The Company and its subsidiaries’ state income tax returns are open to audit under the statute of limitations for the years ended December 31, 2020 through 2022. The Company acquired federal and state net operating losses as part of its previous acquisitions, with varying expiration periods. The federal and state net operating losses acquired in the Brand acquisition were $81,288 and $55,067, respectively, all created in 2018. As part of the 2017 Tax Cuts and Jobs Act and corresponding state tax laws, the federal net operating losses and the majority of the state net operating losses created by Brand during 2018 have an indefinite carryforward period. The federal net operating loss related to the Brand acquisition was fully utilized during 2021, while at December 31, 2022, there were state net operating losses without expiration periods of $5,388. The federal and state net operating losses acquired in the Heritage Financial Group, Inc. acquisition were $18,321 and $16,849, respectively, of which $1,101 and $278 remain to be utilized as of December 31, 2022. These losses begin to expire in 2029 and are expected to be fully utilized. Because the benefits are expected to be fully realized, the Company recorded no valuation allowance against the net operating losses for the year ended December 31, 2022. The table below presents the breakout of net operating losses as of the dates presented. December 31, 2022 2021 Net Operating Losses Federal $ 1,101 $ 2,065 State 5,666 16,954 A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest, related to federal and state income tax matters as of December 31 follows below: 2022 2021 2020 Balance at January 1 $ 408 $ 402 $ 667 Additions based on positions related to current period 65 62 101 Reductions based on positions related to prior period — — (314) Reductions due to lapse of statute of limitations (66) (56) (52) Balance at December 31 $ 407 $ 408 $ 402 If ultimately recognized, the Company does not anticipate any material increase in the effective tax rate for 2022 relative to any tax positions taken prior to January 1, 2022. The Company had accrued $17, $15 and $18 for interest and penalties related to unrecognized tax benefits as of December 31, 2022, 2021 and 2020, respectively.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements (In Thousands) Recurring Fair Value Measurements The Company carries certain assets and liabilities at fair value on a recurring basis in accordance with applicable standards. The Company’s recurring fair value measurements are based on the requirement to carry such assets and liabilities at fair value or the Company’s election to carry certain eligible assets and liabilities at fair value. Assets and liabilities that are required to be carried at fair value include securities available for sale and derivative instruments. The Company has elected to carry mortgage loans held for sale at fair value on a recurring basis as permitted under the guidance in ASC 825. The following methods and assumptions are used by the Company to estimate the fair values of the Company’s financial assets and liabilities that are measured on a recurring basis: Securities available for sale : Securities available for sale consist primarily of debt securities, such as obligations of U.S. Government agencies and corporations and mortgage backed securities. Where quoted market prices in active markets are available, securities are classified within Level 1 of the fair value hierarchy. If quoted prices from active markets are not available, fair values are based on quoted market prices for similar instruments traded in active markets, quoted market prices for identical or similar instruments traded in markets that are not active, or model-based valuation techniques where all significant assumptions are observable in the market. Such instruments are classified within Level 2 of the fair value hierarchy. When assumptions used in model-based valuation techniques are not observable in the market, the assumptions used by management reflect estimates of assumptions used by other market participants in determining fair value. When there is limited transparency around the inputs to the valuation, the instruments are classified within Level 3 of the fair value hierarchy. Derivative instruments : Most of the Company’s derivative contracts are actively traded in over-the-counter markets and are valued using discounted cash flow models which incorporate observable market based inputs including current market interest rates, credit spreads, and other factors. Such instruments are categorized within Level 2 of the fair value hierarchy and include interest rate swaps and other interest rate contracts including interest rate caps and/or floors. The Company’s interest rate lock commitments are valued using current market prices for mortgage backed securities with similar characteristics, adjusted for certain factors including servicing and risk. The value of the Company’s forward commitments is based on current prices for securities backed by similar types of loans. Because these assumptions are observable in active markets, the Company’s interest rate lock commitments and forward commitments are categorized within Level 2 of the fair value hierarchy. Mortgage loans held for sale in loans held for sale : Mortgage loans held for sale are primarily agency loans which trade in active secondary markets. The fair value of these instruments is derived from current market pricing for similar loans, adjusted for differences in loan characteristics, including servicing and risk. Because the valuation is based on external pricing of similar instruments, mortgage loans held for sale are classified within Level 2 of the fair value hierarchy. The following tables present assets and liabilities that are measured at fair value on a recurring basis as of the dates presented: Level 1 Level 2 Level 3 Totals December 31, 2022 Financial assets: Securities available for sale $ — $ 1,533,942 $ — $ 1,533,942 Total securities available for sale — 1,533,942 — 1,533,942 Derivative instruments — 38,047 — 38,047 Mortgage loans held for sale in loans held for sale — 110,105 — 110,105 Total financial assets $ — $ 1,682,094 $ — $ 1,682,094 Financial liabilities: Derivative instruments $ — $ 33,185 $ — $ 33,185 Level 1 Level 2 Level 3 Totals December 31, 2021 Financial assets: Securities available for sale: Trust preferred securities $ — $ — $ — $ — Other available for sale securities — 2,386,052 — 2,386,052 Total securities available for sale — 2,386,052 — 2,386,052 Derivative instruments — 17,698 — 17,698 Mortgage loans held for sale in loans held for sale — 453,533 — 453,533 Total financial assets $ — $ 2,857,283 $ — $ 2,857,283 Financial liabilities: Derivative instruments $ — $ 13,803 $ — $ 13,803 The Company reviews fair value hierarchy classifications on a quarterly basis. Changes in the Company’s ability to observe inputs to the valuation may cause reclassification of certain assets or liabilities within the fair value hierarchy. There were no such transfers between levels of the fair value hierarchy during the year ended December 31, 2022. The following table provides for the period presented a reconciliation for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs, or Level 3 inputs: Securities available for sale Trust preferred Balance at January 1, 2021 $ 9,012 Accretion included in net income 8 Realized losses included in net income, net of premium amortization 2,060 Unrealized losses included in other comprehensive income 941 Sales (12,021) Balance at December 31, 2021 $ — For 2022 and 2021, there were no gains or losses included in earnings that were attributable to the change in unrealized gains or losses related to assets or liabilities held at the end of each respective period that were measured on a recurring basis using significant unobservable inputs. Nonrecurring Fair Value Measurements Certain assets may be recorded at fair value on a nonrecurring basis. These nonrecurring fair value adjustments typically are a result of the application of the lower of cost or market accounting or a write-down occurring during the period. The following tables provide as of the dates presented the fair value measurement for assets measured at fair value on a nonrecurring basis that were still held on the Consolidated Balance Sheets at period end and the level within the fair value hierarchy each is classified: Level 1 Level 2 Level 3 Totals December 31, 2022 Individually evaluated loans, net of allowance for credit losses $ — $ — $ 14,732 $ 14,732 OREO — — 1,763 1,763 Total $ — $ — $ 16,495 $ 16,495 Level 1 Level 2 Level 3 Totals December 31, 2021 Individually evaluated loans, net of allowance for credit losses $ — $ — $ 7,928 $ 7,928 OREO — — 2,540 2,540 Total $ — $ — $ 10,468 $ 10,468 The following methods and assumptions are used by the Company to estimate the fair values of the Company’s assets measured on a nonrecurring basis: Individually evaluated loans : Loans that do not share similar risk characteristics such that they can be evaluated on a collective (pooled) basis are individually evaluated for credit losses each quarter taking into account the fair value of the collateral less estimated selling costs. Collateral may be real estate and/or business assets including but not limited to equipment, inventory and accounts receivable. The fair value of real estate is determined based on appraisals by qualified licensed appraisers. The fair value of the business assets is generally based on amounts reported on the business’s financial statements. Appraised and reported values may be adjusted based on changes in market conditions from the time of valuation and management’s knowledge of the client and the client’s business. Since not all valuation inputs are observable, these nonrecurring fair value determinations are classified as Level 3. Individually evaluated loans are reviewed and evaluated on at least a quarterly basis for additional impairment and adjusted accordingly, based on the same factors previously identified. Individually evaluated loans that were measured or re-measured at fair value had a carrying value of $18,288 and $12,939 at December 31, 2022 and December 31, 2021, respectively, and a reserve for these loans of $3,556 and $5,011 was included in the allowance for credit losses for the same periods. Other real estate owned : OREO is comprised of commercial and residential real estate obtained in partial or total satisfaction of loan obligations. OREO acquired in settlement of indebtedness is recorded at the fair value of the real estate less estimated costs to sell. Subsequently, it may be necessary to record nonrecurring fair value adjustments for declines in fair value. Fair value, when recorded, is determined based on appraisals by qualified licensed appraisers and adjusted for management’s estimates of costs to sell. Accordingly, values for OREO are classified as Level 3. The following table presents, as of the dates presented, OREO measured at fair value on a nonrecurring basis that was still held in the Consolidated Balance Sheets at period-end: December 31, 2022 December 31, 2021 Carrying amount prior to remeasurement $ 1,842 $ 2,556 Impairment recognized in results of operations (79) (16) Fair value $ 1,763 $ 2,540 Mortgage servicing rights : The fair value of mortgage servicing rights is determined using an income approach with various assumptions including expected cash flows, market discount rates, prepayment speeds, servicing costs, and other factors. Because these factors are not all observable and include management’s assumptions, mortgage servicing rights are classified within Level 3 of the fair value hierarchy. Mortgage servicing rights were carried at amortized cost at December 31, 2022 and December 31, 2021. See Note 8, “Mortgage Servicing Rights,” for information about the valuation adjustments to the Company’s mortgage servicing rights. The following table presents information as of December 31, 2022 about significant unobservable inputs (Level 3) used in the valuation of assets measured at fair value on a nonrecurring basis: Financial instrument Fair Valuation Technique Significant Range of Inputs Individually evaluated loans, net of allowance for credit losses $ 14,732 Appraised value of collateral less estimated costs to sell Estimated costs to sell 4-10% OREO $ 1,763 Appraised value of property less estimated costs to sell Estimated costs to sell 4-10% Fair Value Option The Company elected to measure all mortgage loans originated for sale on or after July 1, 2012 at fair value under the fair value option as permitted under ASC 825. Electing to measure these assets at fair value reduces certain timing differences and better matches the changes in fair value of the loans with changes in the fair value of derivative instruments used to economically hedge them. Net losses of $9,854 resulting from fair value changes of these mortgage loans were recorded in income during 2022, as compared to net losses of $10,354 in 2021 and net gains of $12,057 in 2020. The amounts do not reflect changes in fair values of related derivative instruments used to hedge exposure to market-related risks associated with these mortgage loans. The change in fair value of both mortgage loans held for sale and the related derivative instruments are recorded in “Mortgage banking income” in the Consolidated Statements of Income. The Company’s valuation of mortgage loans held for sale incorporates an assumption for credit risk; however, given the short-term period that the Company holds these loans, valuation adjustments attributable to instrument-specific credit risk is nominal. Interest income on mortgage loans held for sale measured at fair value is accrued as it is earned based on contractual rates and is reflected in loan interest income on the Consolidated Statements of Income. The following table summarizes the differences between the fair value and the principal balance for mortgage loans held for sale measured at fair value as of December 31, 2022 and December 31, 2021: Aggregate Aggregate Difference December 31, 2022 Mortgage loans held for sale measured at fair value $ 110,105 $ 108,143 $ 1,962 December 31, 2021 Mortgage loans held for sale measured at fair value $ 453,533 $ 441,717 $ 11,816 Fair Value of Financial Instruments The carrying amounts and estimated fair values of the Company’s financial instruments, including those assets and liabilities that are not measured and reported at fair value on a recurring basis or nonrecurring basis, were as follows as of the dates presented: Fair Value Carrying Level 1 Level 2 Level 3 Total December 31, 2022 Financial assets Cash and cash equivalents $ 575,992 $ 575,992 $ — $ — $ 575,992 Securities held to maturity 1,324,040 — 1,206,540 — 1,206,540 Securities available for sale 1,533,942 — 1,533,942 — 1,533,942 Loans held for sale 110,105 — 110,105 — 110,105 Loans, net 11,386,214 — — 10,850,181 10,850,181 Mortgage servicing rights 84,448 — — 122,454 122,454 Derivative instruments 38,047 — 38,047 — 38,047 Financial liabilities Deposits $ 13,486,966 $ 11,791,526 $ 1,653,891 $ — $ 13,445,417 Short-term borrowings 712,232 712,232 — — 712,232 Junior subordinated debentures 112,042 — 98,754 — 98,754 Subordinated notes 316,091 — 277,500 — 277,500 Derivative instruments 33,185 — 33,185 — 33,185 Fair Value Carrying Level 1 Level 2 Level 3 Total December 31, 2021 Financial assets Cash and cash equivalents $ 1,877,965 $ 1,877,965 $ — $ — $ 1,877,965 Securities held to maturity 416,357 — 415,552 — 415,552 Securities available for sale 2,386,052 — 2,386,052 — 2,386,052 Loans held for sale 453,533 — 453,533 — 453,533 Loans, net 9,856,743 — — 9,690,604 9,690,604 Mortgage servicing rights 89,018 — — 99,425 99,425 Derivative instruments 17,698 — 17,698 — 17,698 Financial liabilities Deposits $ 13,905,724 $ 12,494,342 $ 1,408,397 $ — $ 13,902,739 Short-term borrowings 13,947 13,947 — — 13,947 Federal Home Loan Bank advances 417 — 422 — 422 Junior subordinated debentures 111,373 — 106,682 — 106,682 Subordinated notes 359,419 — 373,950 — 373,950 Derivative instruments 13,803 — 13,803 — 13,803

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss) (In Thousands) Changes in the components of other comprehensive income (loss), net of tax, were as follows: Pre-Tax Tax Expense Net of Tax Year Ended December 31, 2022 Securities available for sale: Unrealized holding losses on securities $ (285,829) $ (71,478) $ (214,351) Amortization of unrealized holding losses on securities transferred to the held to maturity category 4,964 1,263 3,701 Total securities available for sale (280,865) (70,215) (210,650) Derivative instruments: Unrealized holding gains on derivative instruments 20,118 5,125 14,993 Total derivative instruments 20,118 5,125 14,993 Defined benefit pension and post-retirement benefit plans: Net loss arising during the period (4,107) (1,045) (3,062) Amortization of net actuarial loss recognized in net periodic pension cost (2) 167 42 125 Total defined benefit pension and post-retirement benefit plans (3,940) (1,003) (2,937) Total other comprehensive loss $ (264,687) $ (66,093) $ (198,594) Year Ended December 31, 2021 Securities available for sale: Unrealized holding losses on securities $ (51,470) $ (13,099) $ (38,371) Reclassification adjustment for gains realized in net income (1) (2,170) (552) (1,618) Amortization of unrealized holding gains on securities transferred to the held to maturity category (73) (19) (54) Total securities available for sale (53,713) (13,670) (40,043) Derivative instruments: Unrealized holding gains on derivative instruments 10,848 2,761 8,087 Reclassification adjustment for gains realized in net income related to swap termination (4,676) (1,190) (3,486) Total derivative instruments 6,172 1,571 4,601 Defined benefit pension and post-retirement benefit plans: Net loss arising during the period (356) (92) (264) Amortization of net actuarial loss recognized in net periodic pension cost (2) 262 67 195 Total defined benefit pension and post-retirement benefit plans (94) (25) (69) Total other comprehensive loss $ (47,635) $ (12,124) $ (35,511) Pre-Tax Tax Expense Net of Tax Year Ended December 31, 2020 Securities available for sale: Unrealized holding gains on securities $ 27,788 $ 7,071 $ 20,717 Reclassification adjustment for gains realized in net income (1) (46) (12) (34) Total securities available for sale 27,742 7,059 20,683 Derivative instruments: Unrealized holding gains on derivative instruments 923 235 688 Reclassification adjustment for losses realized in net income related to swap termination 2,040 519 1,521 Total derivative instruments 2,963 754 2,209 Defined benefit pension and post-retirement benefit plans: Net gain arising during the period 1,069 272 797 Reclassification adjustment for settlement loss related to the VERP realized in net income (3) 567 145 422 New prior service cost (3) (485) (123) (362) Amortization of net actuarial loss recognized in net periodic pension cost (2) 259 66 193 Amortization of prior service cost (3) 485 123 362 Total defined benefit pension and post-retirement benefit plans 1,895 483 1,412 Total other comprehensive income $ 32,600 $ 8,296 $ 24,304 (1) Included in Net gains (losses) on sales of securities in the Consolidated Statements of Income (2) Included in Salaries and employee benefits in the Consolidated Statements of Income (3) Included in Restructuring charges in the Consolidated Statements of Income The accumulated balances for each component of other comprehensive income (loss), net of tax, at December 31 were as follows: 2022 2021 2020 Unrealized (losses) gains on securities $ (219,766) $ (9,116) $ 42,246 Non-credit related portion of other-than-temporary impairment on securities — — (11,319) Unrealized gains (losses) on derivative instruments 18,956 3,963 (638) Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations (8,227) (5,290) (5,221) Total accumulated other comprehensive (loss) income $ (209,037) $ (10,443) $ 25,068

Net Income Per Common Share

Net Income Per Common Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Net Income Per Common Share	Net Income Per Common Share (In Thousands, Except Share Data) Basic and diluted net income per common share calculations are as follows for the periods presented: Year Ended December 31, 2022 2021 2020 Basic Net income applicable to common stock $ 166,068 $ 175,892 $ 83,651 Average common shares outstanding 55,904,579 56,114,666 56,270,566 Net income per common share—basic $ 2.97 $ 3.13 $ 1.49 Diluted Net income applicable to common stock $ 166,068 $ 175,892 $ 83,651 Average common shares outstanding 55,904,579 56,114,666 56,270,566 Effect of dilutive stock-based compensation 309,651 309,818 197,599 Average common shares outstanding—diluted 56,214,230 56,424,484 56,468,165 Net income per common share—diluted $ 2.95 $ 3.12 $ 1.48 Outstanding stock-based compensation awards that could potentially dilute basic net income per common share in the future that were not included in the computation of diluted net income per common share due to their anti-dilutive effect were as follows for the periods presented: Year Ended December 31, 2022 2021 2020 Number of shares 9,250 — 245,146

Commitments, Contingent Liabili

Commitments, Contingent Liabilities and Financial Instruments with Off-Balance Sheet Risk	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingent Liabilities and Financial Instruments with Off-Balance Sheet Risk	Commitments, Contingent Liabilities and Financial Instruments with Off-Balance Sheet Risk (In Thousands) Loan commitments are made to accommodate the financial needs of the Company’s customers. Standby letters of credit commit the Company to make payments on behalf of customers when certain specified future events occur. Both arrangements have credit risk essentially the same as that involved in extending loans to customers and are subject to the Company’s normal credit policies. Collateral (e.g., securities, receivables, inventory, equipment, etc.) is obtained based on management’s credit assessment of the customer. The Company’s unfunded loan commitments (unfunded loans and unused lines of credit) and standby letters of credit outstanding at December 31, 2022 were $3,577,614 and $98,357, respectively, compared to $3,104,940 and $89,830, respectively, at December 31, 2021. Various claims and lawsuits are pending against the Company and Renasant Bank. In the opinion of management, after consultation with legal counsel, resolution of these matters is not expected to have a material effect on the consolidated financial statements. Market risk resulting from interest rate changes on particular off-balance sheet financial instruments may be offset by other on - or off-balance sheet transactions. Interest rate sensitivity is monitored by the Company for determining the net effect of potential changes in interest rates on the market value of both on- and off-balance sheet financial instruments.

Restrictions on Cash, Securitie

Restrictions on Cash, Securities, Bank Dividends, Loans or Advances	12 Months Ended
	Dec. 31, 2022
Regulated Operations [Abstract]
Restrictions on Cash, Securities, Bank Dividends, Loans or Advances	Restrictions on Cash, Securities, Bank Dividends, Loans or Advances (In Thousands) In March 2020, the Federal Reserve announced that effective March 26, 2020 the reserve requirement would be reduced to zero to support the flow of credit to households and businesses in response to the economic environment caused by the COVID-19 pandemic. The reserve requirement has remained at zero since that time. The Company’s balance of FHLB stock, which is carried at amortized cost, at December 31, 2022 and 2021, was $36,079 and $8,272, respectively. The required investment for the same time period was $35,417 and $5,984, respectively. The Company’s ability to pay dividends to its shareholders is substantially dependent on the ability of Renasant Bank to transfer funds to the Company in the form of dividends, loans and advances. Under Mississippi law, a Mississippi bank with earned surplus in excess of three times capital stock may pay a dividend, subject to the approval of the Mississippi Department of Banking and Consumer Finance (the “DBCF”). In addition, the FDIC has the authority to prohibit the Bank from engaging in business practices that the FDIC considers to be unsafe or unsound, which, depending on the financial condition of the Bank, could include the payment of dividends. Accordingly, the approval of the DBCF is required prior to Renasant Bank paying dividends to the Company, and under certain circumstances the approval of the FDIC may be required. At December 31, 2022, the Bank’s earned surplus exceeded the Bank’s capital stock by more than ten times. In addition to the FDIC and DBCF restrictions on dividends payable by the Bank to the Company, the Federal Reserve provided guidance on the criteria that it will use to evaluate the request by a bank holding company to pay dividends in an aggregate amount that will exceed the company’s earnings for the period in which the dividends will be paid, which did not apply to the Company in 2022 or 2021. For purposes of this analysis, “dividend” includes not only dividends on preferred and common equity but also dividends on debt underlying trust preferred securities and other Tier 1 capital instruments. The Federal Reserve’s criteria evaluates whether the holding company (1) has net income over the past four quarters sufficient to fully fund the proposed dividend (taking into account prior dividends paid during this period), (2) is considering stock repurchases or redemptions in the quarter, (3) does not have a concentration in commercial real estate and (4) is in good supervisory condition, based on its overall condition and its asset quality risk. A holding company not meeting these criteria will require more in-depth consultations with the Federal Reserve.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2022
Banking and Thrift, Interest [Abstract]
Regulatory Matters	Regulatory Matters (In Thousands) The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. Capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The Federal Reserve, the FDIC and the Office of the Comptroller of the Currency have issued guidelines governing the levels of capital that bank holding companies and banks must maintain. Those guidelines specify capital tiers, which include the following classifications (which include the “capital conservation buffer” discussed below): Capital Tiers Tier 1 Capital to Common Equity Tier 1 to Tier 1 Capital to Total Capital to Well capitalized 5% or above 6.5% or above 8% or above 10% or above Adequately capitalized 4% or above 4.5% or above 6% or above 8% or above Undercapitalized Less than 4% Less than 4.5% Less than 6% Less than 8% Significantly undercapitalized Less than 3% Less than 3% Less than 4% Less than 6% Critically undercapitalized Tangible Equity / Total Assets less than 2% The following table provides the capital and risk-based capital and leverage ratios for the Company and for Renasant Bank as of December 31: 2022 2021 Amount Ratio Amount Ratio Renasant Corporation Tier 1 Capital to Average Assets (Leverage) $ 1,481,197 9.36 % $ 1,422,077 9.15 % Common Equity Tier 1 Capital to Risk-Weighted Assets 1,372,747 10.21 % 1,314,295 11.18 % Tier 1 Capital to Risk-Weighted Assets 1,481,197 11.01 % 1,422,077 12.10 % Total Capital to Risk-Weighted Assets 1,968,001 14.63 % 1,897,167 16.14 % Renasant Bank Tier 1 Capital to Average Assets (Leverage) $ 1,630,389 10.30 % $ 1,580,904 10.18 % Common Equity Tier 1 Capital to Risk-Weighted Assets 1,630,389 12.10 % 1,580,904 13.46 % Tier 1 Capital to Risk-Weighted Assets 1,630,389 12.10 % 1,580,904 13.46 % Total Capital to Risk-Weighted Assets 1,781,312 13.22 % 1,697,163 14.44 % Common equity Tier 1 capital (“CET1”) generally consists of common stock, retained earnings, accumulated other comprehensive income and certain minority interests, less certain adjustments and deductions. In addition, the Company must maintain a “capital conservation buffer,” which is a specified amount of CET1 in addition to the amount necessary to meet minimum risk-based capital requirements. The capital conservation buffer is designed to absorb losses during periods of economic stress. If the Company’s ratio of CET1 to risk-weighted capital is below the capital conservation buffer, the Company will face restrictions on its ability to pay dividends, repurchase outstanding stock and make certain discretionary bonus payments. The required capital conservation buffer is 2.5% of CET1 to risk-weighted assets in addition to the amount necessary to meet minimum risk-based capital requirements. As previously disclosed, the Company adopted CECL as of January 1, 2020. The Company has elected to take advantage of transitional relief offered by the Federal Reserve and the FDIC to delay for two years the estimated impact of CECL on regulatory capital, followed by a three-year transitional period to phase out the capital benefit provided by the two-year delay.

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting (In Thousands) The operations of the Company’s reportable segments are described as follows: • The Community Banks segment delivers a complete range of banking and financial services to individuals and small to medium-size businesses including checking and savings accounts, business and personal loans, asset-based lending, factoring and equipment leasing, as well as safe deposit and night depository facilities. • The Insurance segment includes a full service insurance agency offering all major lines of commercial and personal insurance through major carriers. • The Wealth Management segment, through the Trust division, offers a broad range of fiduciary services including the administration (as trustee or in other fiduciary or representative capacities) of benefit plans, management of trust accounts, inclusive of personal and corporate benefit accounts and custodial accounts, as well as accounting and money management for trust accounts. In addition, the Wealth Management segment, through the Financial Services division, provides specialized products and services to customers, which include fixed and variable annuities, mutual funds and other investment services through a third party broker-dealer. The Financial Services division also provides administrative and compliance services for certain mutual funds. In order to give the Company’s divisional management a more precise indication of the income and expenses they can control, the results of operations for the Community Banks, the Insurance and the Wealth Management segments reflect the direct revenues and expenses of each respective segment. Indirect revenues and expenses, including but not limited to income from the Company’s investment portfolio, as well as certain costs associated with data processing and back office functions, primarily support the operations of the community banks and, therefore, are included in the results of the Community Banks segment. Included in “Other” are the operations of the holding company and other eliminations which are necessary for purposes of reconciling to the consolidated amounts. The following table provides financial information for the Company’s operating segments as of and for the years ended December 31, 2022, 2021 and 2020: Community Insurance Wealth Other Consolidated 2022 Net interest income $ 498,673 $ 619 $ 2,793 $ (20,787) $ 481,298 Provision for credit losses 23,788 — — — 23,788 Noninterest income 114,263 11,821 24,839 (1,670) 149,253 Noninterest expense 366,767 8,442 18,664 1,582 395,455 Income before income taxes 222,381 3,998 8,968 (24,039) 211,308 Income taxes 50,425 1,046 — (6,231) 45,240 Net income (loss) $ 171,956 $ 2,952 $ 8,968 $ (17,808) $ 166,068 Total assets $ 16,882,534 $ 37,567 $ 75,383 $ (7,308) $ 16,988,176 Goodwill 988,941 2,767 — — 991,708 2021 Net interest income $ 437,435 $ 454 $ 1,657 $ (15,545) $ 424,001 Recovery for credit losses (1,668) — — — (1,668) Noninterest income 195,214 11,370 22,185 (1,785) 226,984 Noninterest expense 404,066 8,060 16,475 1,225 429,826 Income before income taxes 230,251 3,764 7,367 (18,555) 222,827 Income taxes 50,749 981 — (4,795) 46,935 Net income (loss) $ 179,502 $ 2,783 $ 7,367 $ (13,760) $ 175,892 Total assets $ 16,694,710 $ 33,544 $ 65,015 $ 17,042 $ 16,810,311 Goodwill 936,916 2,767 — — 939,683 2020 Net interest income $ 437,101 $ 566 $ 1,658 $ (12,528) $ 426,797 Provision for credit losses 86,850 — — — 86,850 Noninterest income 208,721 10,403 18,061 (1,653) 235,532 Noninterest expense 448,475 7,751 14,940 822 471,988 Income before income taxes 110,497 3,218 4,779 (15,003) 103,491 Income taxes 22,892 837 — (3,889) 19,840 Net income (loss) $ 87,605 $ 2,381 $ 4,779 $ (11,114) $ 83,651 Total assets $ 14,814,726 $ 30,375 $ 71,266 $ 13,245 $ 14,929,612 Goodwill 936,916 2,767 — — 939,683

Renasant Corporation (Parent Co

Renasant Corporation (Parent Company Only) Condensed Financial Information	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Renasant Corporation (Parent Company Only) Condensed Financial Information	Renasant Corporation (Parent Company Only) Condensed Financial Information (In Thousands) Balance Sheets December 31, 2022 2021 Assets Cash and cash equivalents (1) $ 167,727 $ 184,426 Investments — 2,009 Investment in bank subsidiary (2) 2,391,721 2,477,917 Accrued interest receivable on bank balances (2) 3 4 Other assets 28,468 28,751 Total assets $ 2,587,919 $ 2,693,107 Liabilities and shareholders’ equity Junior subordinated debentures $ 112,042 $ 111,373 Subordinated notes 316,091 359,419 Other liabilities 23,770 12,462 Shareholders’ equity 2,136,016 2,209,853 Total liabilities and shareholders’ equity $ 2,587,919 $ 2,693,107 (1) Eliminates in consolidation, with the exception of $1,889 and $1,857, in 2022 and 2021, respectively, pledged for collateral and held at non-subsidiary bank (2) Eliminates in consolidation Statements of Income Year Ended December 31, 2022 2021 2020 Income Dividends from bank subsidiary (1) $ 68,114 $ 80,965 $ 81,443 Interest income from bank subsidiary (1) 5 7 9 Other dividends 134 80 93 Other income 85 32 74 Total income 68,338 81,084 81,619 Expenses 24,264 18,661 15,179 Income before income tax benefit and equity in undistributed net income of bank subsidiary 44,074 62,423 66,440 Income tax benefit (6,231) (4,795) (3,889) Equity in undistributed net income of bank subsidiary (1) 115,763 108,674 13,322 Net income $ 166,068 $ 175,892 $ 83,651 (1) Eliminates in consolidation Statements of Cash Flows Year Ended December 31, 2022 2021 2020 Operating activities Net income $ 166,068 $ 175,892 $ 83,651 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed net income of bank subsidiary (115,763) (108,674) (13,322) Amortization/depreciation 1,478 891 692 Increase (decrease) in other assets 284 (5,628) (256) Increase in other liabilities 9,225 6,952 10,932 Net cash provided by operating activities 61,292 69,433 81,697 Investing activities Purchases of securities available for sale — — (6,104) Sales and maturities of securities and available for sale 2,000 5,100 541 Other investing activities — (100,000) — Net cash (used in) provided by investing activities 2,000 (94,900) (5,563) Financing activities Cash paid for dividends (49,991) (50,017) (50,134) Repurchase of shares in connection with stock repurchase program — (21,315) (24,569) Repayment of long-term debt (30,000) (45,000) — Proceeds from issuance of long-term debt — 197,061 98,266 Net cash (used in) provided by financing activities (79,991) 80,729 23,563 (Decrease) increase in cash and cash equivalents (16,699) 55,262 99,697 Cash and cash equivalents at beginning of year 184,426 129,164 29,467 Cash and cash equivalents at end of year $ 167,727 $ 184,426 $ 129,164

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	Leases (In Thousands) The Company enters into leases in both lessor and lessee capacities. Lessor Arrangements As of December 31, 2022 and 2021, the net investment in these leases was $44,049 and $24,979, comprised of $37,301 and $19,646 in lease receivables, $12,875 and $8,323 in residual balances and $6,127 and $2,990 in deferred income, respectively. In order to mitigate potential exposure to residual asset risk, the Company utilizes first amendment or terminal rental adjustment clause leases. For the twelve months ended December 31, 2022 and 2021, the Company generated $903 and $698 in income from these leases, respectively, which is included in interest income on loans on the Consolidated Statements of Income. The maturities of the lessor arrangements outstanding at December 31, 2022 is presented in the table below. 2023 $ 476 2024 810 2025 995 2026 1,254 2027 8,289 Thereafter 32,225 Total lease receivables $ 44,049 Lessee Arrangements As of December 31, 2022 and 2021, right-of-use assets totaled $54,930 and $63,547 and lease liabilities totaled $57,369 and $67,067, respectively. The table below provides the components of lease cost and supplemental information for the periods presented. Year ended December 31, 2022 2021 Operating lease cost (cost resulting from lease payments) $ 7,847 $ 8,868 Short-term lease cost 29 93 Variable lease cost (cost excluded from lease payments) 1,056 1,195 Sublease income (624) (658) Net lease cost $ 8,308 $ 9,498 Operating lease - operating cash flows (fixed payments) 9,528 8,666 Operating lease - operating cash flows (liability reduction) 7,789 6,640 Weighted average lease term - operating leases (in years) (at period end) 17.96 17.25 Weighted average discount rate - operating leases (at period end) 3.02 % 3.01 % Right-of-use assets obtained in exchange for new lease liabilities - operating leases $ 3,475 $ 8,142 The maturities of the lessee arrangements outstanding at December 31, 2022 are presented in the table below. 2023 $ 7,342 2024 6,320 2025 5,207 2026 4,758 2027 4,156 Thereafter 48,292 Total undiscounted cash flows 76,075 Discount on cash flows 18,706 Total operating lease liabilities $ 57,369 Rental expense was $7,623, $8,298, and $10,044 for 2022, 2021, and 2020, respectively. For more information on lease accounting, see Note 1, “Significant Accounting Policies” and on lease financing receivables, see Note 3, “Loans.”
Leases	Leases (In Thousands) The Company enters into leases in both lessor and lessee capacities. Lessor Arrangements As of December 31, 2022 and 2021, the net investment in these leases was $44,049 and $24,979, comprised of $37,301 and $19,646 in lease receivables, $12,875 and $8,323 in residual balances and $6,127 and $2,990 in deferred income, respectively. In order to mitigate potential exposure to residual asset risk, the Company utilizes first amendment or terminal rental adjustment clause leases. For the twelve months ended December 31, 2022 and 2021, the Company generated $903 and $698 in income from these leases, respectively, which is included in interest income on loans on the Consolidated Statements of Income. The maturities of the lessor arrangements outstanding at December 31, 2022 is presented in the table below. 2023 $ 476 2024 810 2025 995 2026 1,254 2027 8,289 Thereafter 32,225 Total lease receivables $ 44,049 Lessee Arrangements As of December 31, 2022 and 2021, right-of-use assets totaled $54,930 and $63,547 and lease liabilities totaled $57,369 and $67,067, respectively. The table below provides the components of lease cost and supplemental information for the periods presented. Year ended December 31, 2022 2021 Operating lease cost (cost resulting from lease payments) $ 7,847 $ 8,868 Short-term lease cost 29 93 Variable lease cost (cost excluded from lease payments) 1,056 1,195 Sublease income (624) (658) Net lease cost $ 8,308 $ 9,498 Operating lease - operating cash flows (fixed payments) 9,528 8,666 Operating lease - operating cash flows (liability reduction) 7,789 6,640 Weighted average lease term - operating leases (in years) (at period end) 17.96 17.25 Weighted average discount rate - operating leases (at period end) 3.02 % 3.01 % Right-of-use assets obtained in exchange for new lease liabilities - operating leases $ 3,475 $ 8,142 The maturities of the lessee arrangements outstanding at December 31, 2022 are presented in the table below. 2023 $ 7,342 2024 6,320 2025 5,207 2026 4,758 2027 4,156 Thereafter 48,292 Total undiscounted cash flows 76,075 Discount on cash flows 18,706 Total operating lease liabilities $ 57,369 Rental expense was $7,623, $8,298, and $10,044 for 2022, 2021, and 2020, respectively. For more information on lease accounting, see Note 1, “Significant Accounting Policies” and on lease financing receivables, see Note 3, “Loans.”

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates : The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Consolidation	Consolidation : The accompanying Consolidated Financial Statements and these Notes to Consolidated Financial Statements include the accounts of the Company and its consolidated subsidiaries, all of which are wholly-owned. All intercompany balances and transactions have been eliminated. Certain prior year amounts have been reclassified to conform to the current year presentation. Reclassifications had no effect on prior years’ net income or shareholders’ equity.
Cash and Cash Equivalents	Cash and Cash Equivalents : The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.
Securities	Securities : Debt securities are classified as held to maturity when purchased if management has the positive intent and ability to hold the securities to maturity. Held to maturity securities are stated at amortized cost. Presently, the Company has no intention of establishing a trading classification. Securities not classified as held to maturity or trading are classified as available for sale. Available for sale securities are stated at fair value, with the unrealized gains and losses, net of tax, reported in accumulated other comprehensive income within shareholders’ equity. The amortized cost of securities, regardless of classification, is adjusted for amortization of premiums and accretion of discounts. Such amortization and accretion is included in interest income from securities, as is dividend income. Realized gains and losses on sales of securities are reflected under the line item “Net gains on sales of securities” on the Consolidated Statements of Income. The cost of securities sold is based on the specific identification method. The Company evaluates its allowance for credit losses on the held to maturity investment portfolio on a quarterly basis in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic (“ASC”) 326, “ Financial Instruments - Credit Losses (“ASC 326”; ASC 326 is also referred to as “CECL”). Expected credit losses on debt securities classified as held to maturity are measured on a collective basis by major security type. The estimates of expected credit losses are based on historical default rates, investment grades, current conditions, and reasonable and supportable forecasts about the future. The allowance is increased through provision for credit losses and decreased by charge-offs, net of recoveries of amounts previously charged-off. All of the residential and commercial mortgage-backed securities recorded as held to maturity are issued by U.S. Government agencies and GSEs. These securities are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major rating agencies and have a long history of no credit losses. The state and political subdivision securities are highly rated by major rating agencies. The Company also evaluates available for sale investment securities in an unrealized loss position on a quarterly basis. If the Company intends to sell the security or it is more likely than not that it will be required to sell before recovery, the entire unrealized loss is recorded as a loss within noninterest income in the Consolidated Statements of Income with a corresponding adjustment to the amortized cost basis of the security. If the Company does not intend to sell the security and it is not more likely than not that it will be required to sell the security before recovery of its amortized cost basis, the Company evaluates if any of the unrealized loss is related to a potential credit loss. The amount, if any, related to credit loss is recognized in earnings as a provision for credit loss and a corresponding allowance for credit losses is established; each is calculated as the difference between the estimate of discounted future cash flows and the amortized cost basis of the security. A number of qualitative and quantitative factors, including the financial condition of the underlying issuer and current and projected deferrals or defaults, are considered by management in the estimate of the discounted future cash flows. The remaining difference between the fair value and the amortized cost basis of the security is considered the amount related to other market factors and is recognized in other comprehensive income, net of applicable taxes.
Securities Sold Under Agreements to Repurchase	Securities Sold Under Agreements to Repurchase : Securities sold under agreements to repurchase are accounted for as collateralized financing transactions and are recorded at the amounts at which the securities were sold. Securities, generally U.S. government and agency securities, pledged as collateral under these financing arrangements cannot be sold or repledged by the secured party.
Loans Held for Sale	Loans Held for Sale : The “Loans held for sale” line item on the Company’s Consolidated Balance Sheets consists of residential mortgage loans held for sale. The Company has elected to carry these loans at fair value as permitted under the guidance in ASC 825, “ Financial Instruments ” (“ASC 825”). Gains and losses are realized at the time consideration is received and all other criteria for sales treatment have been met. These realized and unrealized gains and losses are classified under the line item “Mortgage banking income” on the Consolidated Statements of Income. Factoring : The Company provides short-term financing to certain clients by operating as a factor. The Company purchases accounts receivable from its clients and then generally collects the receivables directly from the clients’ account customers. Cash is advanced to the Company’s client to the extent of the advance rate, less any applicable fees, set forth in the individual factoring agreement. The unadvanced portion of the purchased receivables are considered client reserves and may be used to settle payment disputes or collection shortfalls. Upon collection of the receivable and settlement of any client obligation, the client reserves are returned to the client. Factoring receivables, net of client receivables, are reported as “Loans” on the Consolidated Balance Sheets. Factoring fees are reported as interest income on loans while other fees generated from factoring relationships are reported as noninterest income on the Consolidated Statements of Income.
Loans and the Allowance for Credit Losses	Loans and the Allowance for Credit Losse s: Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their amortized cost or outstanding unpaid principal balances, in either case adjusted for charge-offs, the allowance for credit losses, any deferred fees or costs on originated loans and any purchase discounts or premiums on purchased loans. Renasant Bank defers certain nonrefundable loan origination fees as well as the direct costs of originating or acquiring loans. The deferred fees and costs are then amortized over the term of the note for all loans with payment schedules. Loans with no payment schedule are amortized using the interest method. The amortization of these deferred fees is presented as an adjustment to the yield on loans. Interest income is accrued on the unpaid principal balance. Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Generally, the recognition of interest on mortgage and commercial and industrial loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Consumer and other retail loans are typically charged-off no later than the time the loan is 120 days past due. In all cases, loans are placed on nonaccrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. Loans may be placed on nonaccrual regardless of whether or not such loans are considered past due. All interest accrued for the current year, but not collected, for loans that are placed on nonaccrual or charged-off is reversed against interest income; the amount of interest income recognized on nonaccrual loans was immaterial for the years ended December 31, 2022, 2021 and 2020. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. As a result, the Company has made an accounting policy election to exclude accrued interest from the measurement of the allowance for credit losses. As of December 31, 2022 and 2021, the Company has accrued interest receivable for loans of $49,850 and $41,692, respectively, which is recorded in the “Other assets” line item on the Consolidated Balance Sheets. Although the Company made the election to exclude accrued interest from the measurement of the allowance for credit losses, the Company did have an allowance for credit losses on interest deferred as part of the loan deferral program implemented in response to the COVID-19 pandemic of $1,248 and $1,273, respectively, as of December 31, 2022 and 2021. Restructured loans are those for which concessions have been granted to the borrower due to a deterioration of the borrower’s financial condition and are performing in accordance with the new terms. Such concessions may include reduction in interest rates or deferral of interest or principal payments. In evaluating whether to restructure a loan, management analyzes the long-term financial condition of the borrower, including guarantor and collateral support, to determine whether the proposed concessions will increase the likelihood of repayment of principal and interest. Restructured loans that are not performing in accordance with their restructured terms that are either contractually 90 days past due or have been placed on nonaccrual status are reported as nonperforming loans. The allowance for credit losses is an estimate of expected losses inherent within the Company’s loans held for investment portfolio and is maintained at a level believed adequate by management to absorb credit losses inherent in such loan portfolio in accordance with ASC 326. Management evaluates the adequacy of the allowance for credit losses on a quarterly basis. Expected credit loss inherent in non-cancellable off-balance-sheet credit exposures is accounted for as a separate liability in the Consolidated Balance Sheets. The allowance for credit losses for loans held for investment, as reported in the Company’s Consolidated Balance Sheets, is adjusted by a provision for credit losses, which is reported in earnings, and reduced by net charge-offs. Loan losses are charged against the allowance for credit losses when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The credit loss estimation process involves procedures to appropriately consider the unique characteristics of the Company’s loan portfolio segments. Credit quality is assessed and monitored by evaluating various attributes, and the results of those evaluations are utilized in underwriting new loans and in the Company’s process for the estimation of expected credit losses. Credit quality monitoring procedures and indicators can include an assessment of problem loans, the types of loans, historical loss experience, new lending products, emerging credit trends, changes in the size and character of loan categories and other factors, including the Company’s risk rating system, regulatory guidance and economic conditions, such as the unemployment rate and GDP growth in the markets in which the Company operates, as well as trends in the market values of underlying collateral securing loans, all as determined based on input from management, loan review staff and other sources. This evaluation is complex and inherently subjective, as it requires estimates by management that are inherently uncertain and therefore susceptible to significant revision as more information becomes available. Similarly, there may be significant changes in the allowance and provision for credit losses in future periods as the estimates and assumptions underlying such estimates are adjusted in light of then-prevailing factors and forecasts. Changes in any of the assumptions involved in the estimation process may result in significant changes in the allowance and provision for credit losses in those future periods. The methodology for estimating the amount of expected credit losses reported in the allowance for credit losses has two basic components: first, a collective (or pooled) component for estimating expected credit losses for pools of loans that share similar risk characteristics; and second, an asset-specific component involving individual loans that do not share risk characteristics with other loans and the measurement of expected credit losses for such individual loans. Loans Evaluated on a Collective (Pool) Basis The allowance for credit losses for loans that share similar risk characteristics with other loans is calculated on a collective or pool basis, where such loans are segregated into loan portfolio segments based upon similarity of credit risk. The Company’s primary loan portfolio segments are as follows: Commercial, Financial, and Agricultural (“Commercial”) - Commercial loans are customarily granted to established local business customers in the Company’s market area on a collateralized basis to meet their credit needs. Maturities are typically short term in nature and are commensurate with the secondary source of repayment that serves as the Company’s collateral. Although commercial loans may be collateralized by equipment or other business assets, the repayment of this type of loan depends primarily on the creditworthiness and projected cash flow of the borrower (and any guarantors). Thus, the chief considerations when assessing the risk of a commercial loan are the local business borrower’s ability to sell its products/services, thereby generating sufficient operating revenue to repay the Company under the agreed upon terms and conditions, and the general business conditions of the local economy or other market that the business serves. The Company's factoring receivables are categorized as commercial loans; for these commercial loans, the risk assessment considers the ability of the client's account customer, rather than the client itself, to repay the Company. Real Estate - Construction - The Company’s construction loan portfolio consists of loans for the construction of single family residential properties, multi-family properties and commercial projects. Maturities for construction loans generally range from six Real Estate - 1-4 Family Mortgage - This segment of the Company’s loan portfolio includes loans secured by first or second liens on residential real estate in which the property is the principal residence of the borrower, as well as loans secured by residential real estate in which the property is rented to tenants or is otherwise not the principal residence of the borrower; loans for the preparation of residential real property prior to construction are also included in this segment. Finally, this segment includes home equity loans or lines of credit and term loans secured by first and second mortgages on the residences of borrowers who elect to use the accumulated equity in their homes for purchases, refinances, home improvements, education and other personal expenditures. The Company attempts to minimize the risk associated with residential real estate loans by scrutinizing the financial condition of the borrower; typically, the maximum loan-to-value ratio is also limited. Real Estate - Commercial Mortgage - Included in this portfolio segment (referred to collectively as “commercial real estate loans”) are “owner-occupied” loans in which the owner develops a property with the intention of locating its business there. Payments on these loans are dependent on the successful development and management of the business as well as the borrower’s ability to generate sufficient operating revenue to repay the loan. In some instances, in addition to the mortgage on the underlying real estate of the business, commercial real estate loans are secured by other non-real estate collateral, such as equipment or other assets used in the business. In addition to owner-occupied commercial real estate loans, the Company offers loans in which the owner develops a property where the source of repayment of the loan will come from the sale or lease of the developed property, for example, retail shopping centers, hotels and storage facilities. These loans are referred to as “non-owner occupied” commercial real estate loans. The Company also offers commercial real estate loans to developers of commercial properties for purposes of site acquisition and preparation and other development prior to actual construction (referred to as “commercial land development loans”). Non-owner occupied commercial real estate loans and commercial land development loans are dependent on the successful completion of the project and may be affected by adverse conditions in the real estate market or the economy as a whole. Lease Financing - This segment of the Company’s loan portfolio includes loans granted to provide capital to businesses for commercial equipment needs. These loans are generally granted for periods ranging between two Installment Loans to Individuals - Installment loans to individuals (or “consumer loans”) are granted to individuals for the purchase of personal goods. Loss or decline of income by the borrower due to unplanned occurrences represents the primary risk of default to the Company. In the event of default, a shortfall in the value of the collateral may pose a loss in this loan category. Before granting a consumer loan, the Company assesses the applicant’s credit history and ability to meet existing and proposed debt obligations. Although the applicant’s creditworthiness is the primary consideration, the underwriting process also includes a comparison of the value of the collateral, if any, to the proposed loan amount. The Company obtains a lien against the collateral securing the loan and holds title (if applicable) until the loan is repaid in full. In determining the allowance for credit losses on loans evaluated on a collective basis, the Company categorizes loan pools based on loan type and/or risk rating. The Company uses two CECL models: (1) a loss rate model, based on average historical life-of-loan loss rates, which is used for the Real Estate - 1-4 Family Mortgage, Real Estate - Construction and the Installment Loans to Individuals portfolio segments, and (2) for the C&I, Real Estate - Commercial Mortgage and Lease Financing portfolio segments, the Company uses a probability of default/loss given default model, which calculates an expected loss percentage for each loan pool by considering (a) the probability of default, based on the migration of loans from performing (using risk ratings) to default using life-of-loan analysis periods, and (b) the historical severity of loss, based on the aggregate net lifetime losses incurred per loan pool. The historical loss rates calculated as described above are adjusted, as necessary, for both internal and external qualitative factors where there are differences in the historical loss data of the Company and current or projected future conditions. Internal factors include loss history, changes in credit quality (including movement between risk ratings) and/or credit concentration and changes in the nature and volume of the respective loan portfolio segments. External factors include current and reasonable and supportable forecasted economic conditions and changes in collateral values. These factors are used to adjust the historical loss rates (as described above) to ensure that they reflect management’s expectation of future conditions based on a reasonable and supportable forecast period. To the extent the lives of the loans in the portfolio extend beyond the period for which a reasonable and supportable forecast can be made, when necessary, the models immediately revert back to the historical loss rates adjusted for qualitative factors related to current conditions. Loans Evaluated on an Individual Basis For loans that do not share similar risk characteristics with other loans, an individual analysis is performed to determine the expected credit loss. If the respective loan is collateral dependent (that is, when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral), the expected credit loss is measured as the difference between the amortized cost basis of the loan and the fair value of the collateral. The fair value of collateral is initially based on external appraisals. Generally, collateral values for loans for which measurement of expected losses is dependent on the fair value of such collateral are updated every twelve months, either from external third parties or in-house certified appraisers. Third-party appraisals are obtained from a pre-approved list of independent, local appraisal firms. The fair value of the collateral derived from external appraisal is then adjusted for the estimated cost to sell if repayment or satisfaction of a loan is dependent on the sale (rather than only on the operation) of the collateral. Other acceptable methods for determining the expected credit losses for individually evaluated loans (typically used when the loan is not collateral dependent) is a discounted cash flow approach or, if applicable, an observable market price. Once the expected credit loss amount is determined, an allowance equal to such expected credit loss is included in the allowance for credit losses. The Company considers the loans in the Real Estate - Construction, Real Estate - 1-4 Family Mortgage and Real Estate - Commercial Mortgage loan segments disclosed as individually evaluated in Note 4, “Allowance for Credit Losses” as collateral dependent with the type of collateral being real estate. The Company maintains a separate allowance for credit losses on unfunded loan commitments, which is included in the “Other liabilities” line item on the Consolidated Balance Sheets. Changes in such allowance are recorded in the “Other noninterest expense” line item on the Consolidated Statements of Income. Management estimates the amount of expected losses on unfunded loan commitments by calculating a likelihood of funding over the contractual period for exposures that are not unconditionally cancellable by the Company and applying the loss factors used in the allowance for credit losses on loans methodology described above to unfunded commitments for each loan type. No credit loss estimate is reported for off-balance-sheet credit exposures that are unconditionally cancellable by the Company.
Business Combinations, Accounting for Purchased Credit Deteriorated Loans and Related Assets	Business Combinations, Accounting for Purchased Credit Deteriorated Loans and Related Assets : Business combinations are accounted for by applying the acquisition method in accordance with ASC 805, “ Business Combinations .” Under the acquisition method, identifiable assets acquired and liabilities assumed and any non-controlling interest in the acquired company at the acquisition date are measured at their fair values as of that date and are recognized separately from goodwill. Results of operations of the acquired entities are included in the Consolidated Statements of Income from the date of acquisition. Acquisition costs incurred by the Company are expensed as incurred. For a purchased asset that the Company has the intent of holding for investment, ASC 326 requires the Company to determine whether the asset has experienced more-than-insignificant deterioration in credit quality since origination. Factors used in the determination will vary but may include delinquency history, historical accrual status, down grades in the risk rating by the seller, among others. The Company's review of an asset during its due diligence evaluation of the purchase may identify other unique attributes that would indicate more-than-insignificant deterioration has occurred such as the borrower's financial condition, credit rating or credit score as well as the value of underlying collateral. The Company analyzes these factors collectively and may also consider market conditions or economic factors that would indicate a purchased asset has experienced more-than-insignificant deterioration in credit quality since origination. Such assets that have experienced more-than insignificant deterioration are referred to as purchased credit deteriorated (“PCD”) assets. ASC 326 provides for special initial recognition of PCD assets, commonly referred to as the “gross-up” approach, where the allowance for credit losses is recognized by adding it to the fair value to arrive at the Day 1 amortized cost basis. After initial recognition, the accounting for PCD assets will generally follow the credit loss model that applies to that type of asset. Non-PCD assets record the Day 1 allowance for credit losses through earnings on the date of purchase. The Company will accrete or amortize as interest income the fair value discounts on both PCD and non-PCD assets over the life of the asset.
Premises and Equipment	Premises and Equipment : Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed primarily by use of the straight-line method for furniture, fixtures, equipment, autos and premises. The annual provisions for depreciation have been computed primarily using estimated lives of 40 years for premises, three three ASC 842, “ Leases ” (“ASC 842”) requires a lessee to recognize a right-of-use asset and a lease liability for all leases with a term greater than 12 months on its balance sheet regardless of whether the lease is classified as financing or operating. All of the Company’s lessee arrangements are operating leases, being real estate leases for Company facilities. Under these arrangements, the Company records right-of-use assets and corresponding lease liabilities, each of which is based on the present value of the remaining lease payments and are discounted at the Company’s incremental borrowing rate. Right-of-use assets are reported in premises and equipment other liabilities one Lease expense is recognized on a straight-line basis over the lease term and is recorded in the “Net occupancy and equipment expense” line item in the Consolidated Statements of Income. Variable lease payments consist primarily of common area maintenance, insurance and taxes. The Company does not have any material sublease agreements currently in place.
Other Real Estate Owned	Other Real Estate Owned : Other real estate owned consists of properties acquired through foreclosure or acceptance of a deed in lieu of foreclosure. These properties are initially recorded into other real estate at fair market value less cost to sell and are subsequently carried at the lower of cost or fair market value based on appraised value less estimated selling costs. Losses arising at the time of foreclosure of properties are charged against the allowance for credit losses. Reductions in the carrying value subsequent to acquisition are charged to earnings and are included under the line item “Other real estate owned” on the Consolidated Statements of Income.
Mortgage Servicing Rights	Mortgage Servicing Rights: The Company retains the right to service certain mortgage loans that it sells to secondary market investors. These mortgage servicing rights are recognized as a separate asset on the date the corresponding mortgage loan is sold. Mortgage servicing rights are amortized in proportion to and over the period of estimated net servicing income. These servicing rights are carried at the lower of amortized cost or fair value. Fair value is determined using an income approach with various assumptions including expected cash flows, prepayment speeds, market discount rates, servicing costs, mortgage interest rates and other factors. Servicing rights are evaluated for impairment based upon the fair value of the rights as compared to carrying amount. Impairment is recognized through a valuation allowance, to the extent that unamortized cost exceeds fair value. If the Company later determines that all or a portion of the impairment no longer exists, a reduction of the valuation allowance may be recorded as an increase to income. Changes in valuation allowances related to servicing rights are reported in the line item “Mortgage banking income” on the Consolidated Statements of Income. The fair values of servicing rights are subject to significant fluctuations as a result of changes in estimated and actual prepayment speeds and default rates and losses.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets: Goodwill represents the excess of the cost of an acquisition over the fair value of the net assets acquired. Other intangible assets represent purchased assets that lack physical substance but can be distinguished from goodwill because of contractual or other legal rights. Intangibles with finite lives are amortized over their estimated useful lives. Goodwill and other intangible assets are subject to impairment testing annually or more frequently if events or circumstances indicate possible impairment; if impaired, such assets are recorded at fair value. Goodwill is assigned to the Company’s reporting segments. In determining the fair value of the Company’s reporting units, management uses the market approach. Other intangible assets, consisting of core deposit intangibles and customer relationship intangibles, are reviewed for events or circumstances which could impact the recoverability of the intangible asset, such as a loss of core deposits, increased competition or adverse changes in the economy.
Bank-Owned Life Insurance	Bank-Owned Life Insurance : Bank-owned life insurance (“BOLI”) is an institutionally-priced insurance product that is specifically designed for purchase by insured depository institutions. The Company has purchased such insurance policies on certain employees, with Renasant Bank being listed as the primary beneficiary. The carrying value of BOLI is recorded at the cash surrender value of the policies, net of any applicable surrender charges. Changes in the value of the cash surrender value of the policies are reflected under the line item “BOLI income” on the Consolidated Statements of Income.
Revenue from Contracts with Customers	Revenue from Contracts with Customers : ASC 606, “ Revenue from Contracts with Customers ” (“ASC 606”), provides guidance on revenue recognition from contracts with customers. For revenue streams within its scope, ASC 606 requires costs that are incremental to obtaining a contract to be capitalized. In the case of the Company, these costs include sales commissions for insurance, wealth management fees, and revenue from certain sales of OREO. ASC 606 has established, and the Company has utilized, a practical expedient allowing costs that, if capitalized, would have an amortization period of one year or less to instead be expensed as incurred. Service Charges on Deposit Accounts Service charges on deposit accounts include maintenance fees on accounts, per item charges, account enhancement charges for additional packaged benefits and overdraft fees. The contracts with deposit account customers are day-to-day contracts and are considered to be terminable at will by either party. Therefore, the fees are all considered to be earned when charged and simultaneously collected. Fees and Commissions Fees and commissions include fees related to deposit services, such as ATM fees and interchange fees on debit card transactions. These fees are earned at the point in time when the services are rendered, and therefore the related revenue is recognized as the Company’s performance obligation is satisfied. Insurance Commissions Insurance commissions are earned when policies are placed by customers with the insurance carriers and are collected and recognized using two different methods: the agency bill method and the direct bill method. Under the agency bill method, Renasant Insurance is responsible for billing the customers directly and then collecting and remitting the premiums to the insurance carriers. Agency bill revenue is recognized at the later of the invoice date or effective date of the policy. The Company has established a reserve for such policies which is derived from historical collection experience and updated annually. The contract balances (i.e. accounts receivable and accounts payable related to insurance commissions earned and premiums due) and the reserve established are considered immaterial to the overall financial results of the Company. Under the direct bill method, premium billing and collections are handled by the insurance carriers, and a commission is then paid to Renasant Insurance. Direct bill revenue is recognized when the commission payment is received from the insurance carriers. While there is recourse on these commissions in the event of policy cancellations, based on the Company’s historical data, material reversals of revenue based on policy cancellations are not anticipated. The Company monitors policy cancellations on a monthly basis and, if a material set of cancellations were to occur, the Company would adjust earnings accordingly. The Company also earns contingency income that it recognizes on a cash basis. Contingency income is a bonus received from the insurance underwriters and is based on commission income and claims experience on the Company’s clients’ policies during the previous year. Increases and decreases in contingency income are reflective of corresponding increases and decreases in the amount of claims paid by insurance carriers. Wealth Management Revenue Fees for managing trust accounts (inclusive of personal and corporate benefit accounts, IRAs, and custodial accounts) are based on the value of assets under management in the account, with the amount of the fee depending on the type of account. Revenue is recognized on a monthly basis, and there is little to no risk of a material reversal of revenue. Fees for other wealth management services, such as investment guidance relating to fixed and variable annuities, mutual funds, stocks and other investments, are recognized based on either trade activity, where fees are recognized at the time of the trade, or assets under management, where fees are recognized monthly, and there is little to no risk of material reversal of revenue.
Income Taxes	Income Taxes : Income taxes are accounted for under the liability method. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. It is the Company’s policy to recognize interest and penalties, if incurred, related to unrecognized tax benefits in income tax expense. The Company and its subsidiaries file a consolidated federal income tax return. Renasant Bank provides for income taxes on a separate-return basis and remits to the Company amounts determined to be currently payable. Deferred income taxes, included in “Other assets” on the Consolidated Balance Sheets, reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Realization of deferred tax assets is dependent upon the generation of a sufficient level of future taxable income and recoverable taxes paid in prior years. Although realization is not assured, management believes that the Company and its subsidiaries will realize a substantial majority of the deferred tax assets. A valuation allowance, if needed, reduces deferred tax assets to the expected amount most likely to be realized through a charge to income tax expense.
Fair Value Measurements	Fair Value Measurements : ASC 820, “ Fair Value Measurements and Disclosures
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities : The Company utilizes derivative financial instruments as part of its ongoing efforts to manage its interest rate risk exposure as well as to meet the needs of its customers. Derivative financial instruments are included in the Consolidated Balance Sheets line item “Other assets” or “Other liabilities” at fair value in accordance with ASC 815, “ Derivatives and Hedging .” Cash flow hedges are utilized to mitigate the exposure to variability in expected future cash flows or other types of forecasted transactions. For the Company’s derivatives designated as cash flow hedges, changes in the fair value of cash flow hedges are, to the extent that the hedging relationship is effective, recorded as other comprehensive income and are subsequently recognized in earnings at the same time that the hedged item is recognized in earnings. There were no ineffective portions for 2022. The ineffective portions of the changes in fair value of the hedging instruments are immediately recognized in earnings. The assessment of the effectiveness of the hedging relationship is evaluated under the hypothetical derivative method. Fair value hedges are utilized to mitigate the exposure to future interest rate risk. For the Company’s derivatives designated as fair value hedges, the gain or loss on the derivative instrument as well as the offsetting loss or gain on the hedged liability attributable to the hedged risk are recognized in current earnings. The gain or loss on the derivative instrument is presented on the same line item as the earnings effect of the hedged item. The Company also utilizes derivative instruments that are not designated as hedging instruments. The Company enters into interest rate cap and/or floor agreements with its customers and then enters into an offsetting derivative contract position with other financial institutions to mitigate the interest rate risk associated with these customer contracts. Because these derivative instruments are not designated as hedging instruments, changes in the fair value of the derivative instruments are recognized currently in earnings. The Company enters into interest rate lock commitments on certain residential mortgage loans with its customers to mitigate the interest rate risk associated with the commitments to fund fixed-rate mortgage loans. Under such commitments, interest rates for a mortgage loan are typically locked in for up to 45 days with the customer. These interest rate lock commitments are recorded at fair value in the Company’s Consolidated Balance Sheets. Gains and losses arising from changes in the valuation of the commitments are recognized currently in earnings and are reflected under the line item “Mortgage banking income” on the Consolidated Statements of Income. The Company utilizes two methods to deliver mortgage loans to be sold to an investor. Under a “best efforts” sales agreement, the Company enters into a sales agreement with an investor in the secondary market to sell the loan when an interest rate lock commitment is entered into with a customer, as described above. Under a “best efforts” sales agreement, the Company is obligated to sell the mortgage loan to the investor only if the loan is closed and funded. Thus, the Company will not incur any liability to an investor if the mortgage loan commitment in the pipeline fails to close. Under a “mandatory delivery” sales agreement, the Company commits to deliver a certain principal amount of mortgage loans to an investor at a specified price and delivery date. Penalties are paid to the investor should the Company fail to satisfy the contract. These types of mortgage loan commitments are recorded at fair value on the Company’s Consolidated Balance Sheets. Gains and losses arising from changes in the valuation of these commitments are recognized currently in earnings and are reflected under the line item “Mortgage banking income” on the Consolidated Statements of Income.
Treasury Stock	Treasury Stock : Treasury stock is recorded at cost. Shares held in treasury are authorized but unissued shares.
Retirement Plans	Retirement Plans : The Company sponsors a noncontributory pension plan and provides retiree medical benefits for certain employees. The Company’s independent actuary firm prepares actuarial valuations of pension cost and obligation under ASC 715, “ Compensation – Retirement Benefits
Stock-Based Compensation	Stock-Based Compensation : The Company recognizes compensation expense for all share-based payments to employees in accordance with ASC 718, “ Compensation - Stock Compensation
Earnings Per Common Share	Earnings Per Common Share: Basic net income per common share is calculated by dividing net income by the weighted-average number of common shares outstanding for the period. Diluted net income per common share reflects the pro forma dilution of shares outstanding, assuming outstanding stock options were exercised into common shares and nonvested restricted stock awards, whose vesting is subject to future service requirements, were outstanding common shares as of the awards’ respective grant dates, calculated in accordance with the treasury method.
Subsequent Events	Subsequent Events: The Company has evaluated, for consideration of recognition or disclosure, subsequent events that have occurred through the date of issuance of its financial statements, and has determined that no significant events occurred after December 31, 2022 but prior to the issuance of these financial statements that would have a material impact on its Consolidated Financial Statements.
Impact of Recently-Issued Accounting Standards and Pronouncements	Impact of Recently-Issued Accounting Standards and Pronouncements : In March 2020, FASB issued ASU 2020-04, “Reference Rate Reform (Topic 842): Facilitation of the Effects of Reference Rate Reform on Financial Reporting” (“ASU 2020-04”), which provides temporary, optional guidance to ease the potential burden of accounting for reference rate reform on financial reporting. ASU 2020-04 provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships and other transactions if certain criteria are met that reference the London Interbank Offering Rate (“LIBOR”) or another reference rate expected to be discontinued. As the guidance is intended to assist stakeholders during the global market-wide reference rate transition period, it was in effect only from March 12, 2020 through December 31, 2022. The Company transitioned new production from LIBOR instruments to a set of alternative indices at December 31, 2021. The Company’s LIBOR Transition Committee is currently developing a plan to transition legacy positions with the intent to minimize the impact to the Bank and its customers. In March 2022, FASB issued ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” (“ASU 2022-02”), which eliminates the accounting guidance for troubled debt restructurings in Accounting Standards Codification (“ASC”) Subtopic 310-40, “Receivables - Troubled Debt Restructurings by Creditors,” while enhancing disclosures requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Additionally, ASU 2022-02 requires entities to disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases. ASU 2022-02 was effective on January 1, 2023. The adoption of this accounting pronouncement will have no impact on the Company’s financial statements aside from additional and revised disclosures.

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Amortized cost and fair value of securities available for sale	The amortized cost and fair value of securities available for sale were as follows as of the dates presented: Amortized Gross Gross Fair December 31, 2022 Obligations of other U.S. Government agencies and corporations $ 170,000 $ — $ (5,340) $ 164,660 Obligations of states and political subdivisions 154,066 204 (9,368) 144,902 Residential mortgage backed securities: Government agency mortgage backed securities 508,415 37 (52,036) 456,416 Government agency collateralized mortgage obligations 605,033 — (103,864) 501,169 Commercial mortgage backed securities: Government agency mortgage backed securities 11,166 — (1,053) 10,113 Government agency collateralized mortgage obligations 211,435 — (25,589) 185,846 Other debt securities 74,885 — (4,049) 70,836 $ 1,735,000 $ 241 $ (201,299) $ 1,533,942 Amortized Gross Gross Fair December 31, 2021 U.S. Treasury securities $ 3,007 $ 3 $ — $ 3,010 Obligations of states and political subdivisions 153,847 5,532 (269) 159,110 Residential mortgage backed securities: Government agency mortgage backed securities 967,497 7,854 (6,816) 968,535 Government agency collateralized mortgage obligations 1,008,514 457 (20,371) 988,600 Commercial mortgage backed securities: Government agency mortgage backed securities 14,717 365 (1) 15,081 Government agency collateralized mortgage obligations 216,859 812 (3,419) 214,252 Other debt securities 36,515 1,097 (148) 37,464 $ 2,400,956 $ 16,120 $ (31,024) $ 2,386,052 The amortized cost and fair value of securities held to maturity were as follows as of the dates presented: Amortized Gross Gross Fair December 31, 2022 Obligations of states and political subdivisions $ 291,886 $ 17 $ (48,325) $ 243,578 Residential mortgage backed securities Government agency mortgage backed securities 483,560 — (24,432) 459,128 Government agency collateralized mortgage obligations 423,315 — (30,706) 392,609 Commercial mortgage backed securities Government agency mortgage backed securities 17,006 — (3,261) 13,745 Government agency collateralized mortgage obligations 45,430 — (6,559) 38,871 Other debt securities 62,875 — (4,266) 58,609 $ 1,324,072 $ 17 $ (117,549) $ 1,206,540 Allowance for credit losses - held to maturity securities (32) Held-to-maturity securities, net of allowance for credit losses $ 1,324,040 Amortized Gross Gross Fair December 31, 2021 Obligations of states and political subdivisions $ 267,641 $ 333 $ (685) $ 267,289 Residential mortgage backed securities Government agency mortgage backed securities 60,507 1 (198) 60,310 Government agency collateralized mortgage obligations 24,832 — (92) 24,740 Commercial mortgage backed securities Government agency mortgage backed securities 1,855 — — 1,855 Government agency collateralized mortgage obligations 39,505 — (117) 39,388 Other debt securities 22,049 — (79) 21,970 $ 416,389 $ 334 $ (1,171) $ 415,552 Allowance for credit losses - held to maturity securities (32) Held-to-maturity securities, net of allowance for credit losses $ 416,357
Schedule of realized gain (loss)	Available for sale securities sold were as follows for the periods presented: Carrying Value Net Proceeds Gain/(Loss) Twelve months ended December 31, 2021 Obligations of states and political subdivisions $ 47 $ 49 $ 2 Residential mortgage backed securities: Government agency mortgage backed securities 145,572 149,473 3,901 Government agency collateralized mortgage obligations 12,362 12,562 200 Trust preferred securities 12,021 9,961 (2,060) Other debt securities 4,283 4,410 127 $ 174,285 $ 176,455 $ 2,170 Carrying Value Net Proceeds Gain/(Loss) Twelve months ended December 31, 2020 Obligations of states and political subdivisions $ 2,696 $ 2,561 $ (135) Residential mortgage backed securities: Government agency mortgage backed securities 16,093 16,294 201 Government agency collateralized mortgage obligations 26,071 26,051 (20) $ 44,860 $ 44,906 $ 46 Gross realized gains and gross realized losses on sales of securities available for sale were as follows for the periods presented: Year Ended December 31, 2021 2020 Gross gains on sales of securities available for sale $ 4,322 $ 230 Gross losses on sales of securities available for sale (2,152) (184) Gains on sales of securities available for sale, net $ 2,170 $ 46
Amortized cost and fair value of securities by contractual maturity	The amortized cost and fair value of securities at December 31, 2022 by contractual maturity are shown below. Expected maturities will differ from contractual maturities because issuers may call or prepay obligations with or without call or prepayment penalties. Held to Maturity Available for Sale Amortized Fair Amortized Fair Due within one year $ 150 $ 149 $ 9,393 $ 9,377 Due after one year through five years 3,351 3,162 228,812 222,940 Due after five years through ten years 53,650 46,253 75,549 71,029 Due after ten years 234,720 194,000 75,078 67,926 Residential mortgage backed securities: Government agency mortgage backed securities 483,560 459,128 508,415 456,416 Government agency collateralized mortgage obligations 423,315 392,609 605,033 501,169 Commercial mortgage backed securities: Government agency mortgage backed securities 17,006 13,745 11,166 10,113 Government agency collateralized mortgage obligations 45,430 38,871 211,435 185,846 Other debt securities 62,890 58,623 10,119 9,126 $ 1,324,072 $ 1,206,540 $ 1,735,000 $ 1,533,942
Gross unrealized losses and fair value of available-for-sale securities	The following tables present the gross unrealized losses and fair value of investment securities, aggregated by investment category and the length of time the investments have been in a continuous unrealized loss position, as of the dates presented: Less than 12 Months 12 Months or More Total # Fair Unrealized # Fair Unrealized # Fair Unrealized Available for Sale: December 31, 2022 Obligations of other U.S. Government agencies and corporations 5 $ 164,660 $ (5,340) — $ — $ — 5 $ 164,660 $ (5,340) Obligations of states and political subdivisions 84 96,939 (4,869) 11 33,038 (4,499) 95 129,977 (9,368) Residential mortgage backed securities: Government agency mortgage backed securities 97 214,516 (15,115) 29 237,970 (36,921) 126 452,486 (52,036) Government agency collateralized mortgage obligations 16 109,753 (8,552) 36 391,416 (95,312) 52 501,169 (103,864) Commercial mortgage backed securities: Government agency mortgage backed securities 4 10,114 (1,053) — — — 4 10,114 (1,053) Government agency collateralized mortgage obligations 16 67,026 (3,828) 21 118,821 (21,760) 37 185,847 (25,588) Other debt securities 25 63,423 (3,167) 1 7,412 (883) 26 70,835 (4,050) Total 247 $ 726,431 $ (41,924) 98 $ 788,657 $ (159,375) 345 $ 1,515,088 $ (201,299) December 31, 2021 Obligations of states and political subdivisions 8 $ 34,303 $ (216) 3 $ 3,892 $ (53) 11 $ 38,195 $ (269) Residential mortgage backed securities: Government agency mortgage backed securities 41 727,546 (6,312) 1 12,305 (504) 42 739,851 (6,816) Government agency collateralized mortgage obligations 49 966,126 (20,371) — — — 49 966,126 (20,371) Commercial mortgage backed securities: Government agency mortgage backed securities 1 1,791 (1) 1 432 — 2 2,223 (1) Government agency collateralized mortgage obligations 21 160,919 (3,072) 2 9,005 (347) 23 169,924 (3,419) Other debt securities 1 8,699 (148) — — — 1 8,699 (148) Total 121 $ 1,899,384 $ (30,120) 7 $ 25,634 $ (904) 128 $ 1,925,018 $ (31,024)
Gross unrealized losses and fair value of held-to-maturity securities	Less than 12 months 12 months or more Total Held to Maturity: # Fair Value Unrealized Losses # Fair Value Unrealized Losses # Fair Value Unrealized Losses December 31, 2022 Obligations of states and political subdivisions 105 $ 191,442 $ (35,870) 24 $ 49,697 $ (12,454) 129 $ 241,139 $ (48,324) Residential mortgage backed securities: Government agency mortgage backed securities 8 94,258 (4,186) 62 364,870 (20,246) 70 459,128 (24,432) Government agency collateralized mortgage obligations 4 98,912 (5,479) 14 293,698 (25,227) 18 392,610 (30,706) Commercial mortgage backed securities: Government agency mortgage backed securities 1 13,745 (3,261) — — — 1 13,745 (3,261) Government agency collateralized mortgage obligations 2 7,651 (626) 7 31,220 (5,932) 9 38,871 (6,558) Other debt securities 2 42,567 (2,013) 8 16,042 (2,253) 10 58,609 (4,266) Total 122 $ 448,575 $ (51,435) 115 $ 755,527 $ (66,112) 237 $ 1,204,102 $ (117,547) December 31, 2021 Obligations of states and political subdivisions 24 $ 62,131 $ (685) — $ — $ — 24 $ 62,131 $ (685) Residential mortgage backed securities: Government agency mortgage backed securities 50 53,560 (181) 1 5,354 (17) 51 58,914 (198) Government agency collateralized mortgage obligations 1 24,740 (92) — — — 1 24,740 (92) Commercial mortgage backed securities: Government agency collateralized mortgage obligations 7 39,388 (117) — — — 7 39,388 (117) Other debt securities 8 21,972 (79) — — — 8 21,972 (79) Total 90 $ 201,791 $ (1,154) 1 $ 5,354 $ (17) 91 $ 207,145 $ (1,171)

Loans (Tables)

Loans (Tables)	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Summary of loans and leases	The following is a summary of loans and leases, excluding loans held for sale, at December 31: 2022 2021 Commercial, financial, agricultural $ 1,673,883 $ 1,423,270 Lease financing 122,167 80,192 Real estate – construction: Residential 355,500 302,275 Commercial 974,837 802,621 Total real estate – construction 1,330,337 1,104,896 Real estate – 1-4 family mortgage: Primary 2,222,856 1,816,120 Home equity 501,906 474,604 Rental/investment 334,382 288,474 Land development 157,119 145,048 Total real estate – 1-4 family mortgage 3,216,263 2,724,246 Real estate – commercial mortgage: Owner-occupied 1,539,296 1,563,351 Non-owner occupied 3,452,910 2,856,947 Land development 125,857 128,739 Total real estate – commercial mortgage 5,118,063 4,549,037 Installment loans to individuals 124,745 143,340 Gross loans 11,585,458 10,024,981 Unearned income (7,154) (4,067) Loans, net of unearned income $ 11,578,304 $ 10,020,914
Aging of past due and nonaccrual loans	The following tables provide an aging of past due and nonaccrual loans, segregated by class, as of the dates presented: Accruing Loans Nonaccruing Loans 30-89 Days 90 Days Current Total 30-89 Days 90 Days Current Total Total December 31, 2022 Commercial, financial, agricultural $ 1,303 $ 69 $ 1,660,037 $ 1,661,409 $ 18 $ 2,373 $ 10,083 $ 12,474 $ 1,673,883 Lease financing — — 122,167 122,167 — — — — 122,167 Real estate – construction: Residential 49 — 355,374 355,423 — — 77 77 355,500 Commercial 8,525 — 966,312 974,837 — — — — 974,837 Total real estate – construction 8,574 — 1,321,686 1,330,260 — — 77 77 1,330,337 Real estate – 1-4 family mortgage: Primary 28,198 — 2,164,582 2,192,780 6,015 12,503 11,558 30,076 2,222,856 Home equity 5,376 — 494,621 499,997 450 754 705 1,909 501,906 Rental/investment 720 38 332,648 333,406 20 331 625 976 334,382 Land development 174 — 156,863 157,037 46 36 — 82 157,119 Total real estate – 1-4 family mortgage 34,468 38 3,148,714 3,183,220 6,531 13,624 12,888 33,043 3,216,263 Real estate – commercial mortgage: Owner-occupied 8,557 219 1,525,240 1,534,016 1,495 2,244 1,541 5,280 1,539,296 Non-owner occupied 3,521 — 3,444,047 3,447,568 5,304 — 38 5,342 3,452,910 Land development 279 — 125,507 125,786 — 40 31 71 125,857 Total real estate – commercial mortgage 12,357 219 5,094,794 5,107,370 6,799 2,284 1,610 10,693 5,118,063 Installment loans to individuals 2,001 5 122,481 124,487 38 100 120 258 124,745 Unearned income — — (7,154) (7,154) — — — — (7,154) Loans, net of unearned income $ 58,703 $ 331 $ 11,462,725 $ 11,521,759 $ 13,386 $ 18,381 $ 24,778 $ 56,545 $ 11,578,304 Accruing Loans Nonaccruing Loans 30-89 Days 90 Days Current Total 30-89 Days 90 Days Current Total Total December 31, 2021 Commercial, financial, agricultural $ 3,447 $ 103 $ 1,406,692 $ 1,410,242 $ 1,711 $ 4,283 $ 7,034 $ 13,028 $ 1,423,270 Lease financing — — 80,181 80,181 — 11 — 11 80,192 Real estate – construction: Residential 1,077 — 301,198 302,275 — — — — 302,275 Commercial — — 802,621 802,621 — — — — 802,621 Total real estate – construction 1,077 — 1,103,819 1,104,896 — — — — 1,104,896 Real estate – 1-4 family mortgage: Primary 15,827 425 1,780,760 1,797,012 2,177 10,420 6,511 19,108 1,816,120 Home equity 1,617 — 471,268 472,885 182 919 618 1,719 474,604 Rental/investment 421 445 286,458 287,324 26 771 353 1,150 288,474 Land development 431 — 144,360 144,791 — 65 192 257 145,048 Total real estate – 1-4 family mortgage 18,296 870 2,682,846 2,702,012 2,385 12,175 7,674 22,234 2,724,246 Real estate – commercial mortgage: Owner-occupied 2,231 359 1,556,081 1,558,671 163 1,111 3,406 4,680 1,563,351 Non-owner occupied 260 89 2,848,152 2,848,501 — — 8,446 8,446 2,856,947 Land development 476 — 127,793 128,269 — 292 178 470 128,739 Total real estate – commercial mortgage 2,967 448 4,532,026 4,535,441 163 1,403 12,030 13,596 4,549,037 Installment loans to individuals 1,817 20 141,008 142,845 45 106 344 495 143,340 Unearned income — — (4,067) (4,067) — — — — (4,067) Loans, net of unearned income $ 27,604 $ 1,441 $ 9,942,505 $ 9,971,550 $ 4,304 $ 17,978 $ 27,082 $ 49,364 $ 10,020,914
Impact of modifications classified as restructured loans	The following table illustrates the impact of modifications classified as restructured loans held on the Consolidated Balance Sheets and still performing in accordance with their restructured terms at period end, segregated by class, as of the periods presented. Number of Pre-Modification Post-Modification December 31, 2022 Commercial, financial, agricultural 1 $ 113 $ 114 Real estate – 1-4 family mortgage: Primary 20 3,061 3,086 Land development 3 98 94 Total real estate – 1-4 family mortgage 23 3,159 3,180 Real estate – commercial mortgage: Owner-occupied 1 246 246 Non-owner occupied 1 6,500 6,500 Total real estate – commercial mortgage 2 6,746 6,746 Total 26 $ 10,018 $ 10,040 December 31, 2021 Commercial, financial, agricultural 8 $ 5,393 $ 5,393 Real estate – 1-4 family mortgage: Primary 36 6,061 6,108 Real estate – commercial mortgage: Non-owner occupied 1 837 810 Total 45 $ 12,291 $ 12,311 December 31, 2020 Commercial, financial, agricultural 8 $ 2,891 $ 2,890 Real estate – 1-4 family mortgage: Primary 24 3,928 3,886 Home equity 1 159 162 Rental/investment 3 142 207 Total real estate – 1-4 family mortgage 28 4,229 4,255 Real estate – commercial mortgage: Owner-occupied 8 6,192 5,883 Non-owner occupied 3 752 754 Land development 1 189 189 Total real estate – commercial mortgage 12 7,133 6,826 Installment loans to individuals 3 49 40 Total 51 $ 14,302 $ 14,011
Changes in restructured loans	Changes in the Company’s restructured loans are set forth in the table below. Number of Amortized Cost Totals at December 31, 2020 124 $ 20,448 Additional loans with concessions 45 12,639 Reclassified as performing 6 366 Reductions due to: Reclassified as nonperforming (18) (4,390) Paid in full (21) (7,586) Charge-offs (1) (205) Principal paydowns — (1,013) Totals at December 31, 2021 135 $ 20,259 Additional loans with concessions 24 10,332 Reclassified as performing 12 5,326 Reductions due to: Reclassified as nonperforming (28) (7,411) Paid in full (23) (4,758) Principal paydowns — (1,124) Totals at December 31, 2022 120 $ 22,624
Loan portfolio by risk-rating grades	The following tables present the Company’s loan portfolio by year of origination and internal risk-rating grades as of the dates presented: Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total December 31, 2022 Commercial, Financial, Agricultural $ 460,604 $ 209,964 $ 142,790 $ 63,164 $ 25,099 $ 35,142 $ 717,422 $ 3,522 $ 1,657,707 Pass 450,559 209,580 141,712 62,370 21,963 28,014 704,491 2,384 1,621,073 Special Mention 719 — 1,010 383 678 — 11,616 80 14,486 Substandard 9,326 384 68 411 2,458 7,128 1,315 1,058 22,148 Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Lease Financing Receivables $ 61,424 $ 18,379 $ 18,318 $ 10,628 $ 4,557 $ 1,707 $ — $ — $ 115,013 Pass 58,204 18,379 15,846 9,060 3,269 1,353 — — 106,111 Watch — — — — — 354 — — 354 Substandard 3,220 — 2,472 1,568 1,288 — — — 8,548 Real Estate - Construction $ 595,185 $ 476,190 $ 109,705 $ 8,525 $ 381 $ 6,858 $ 13,757 $ 424 $ 1,211,025 Residential $ 214,386 $ 16,483 $ 589 $ — $ 381 $ — $ 3,925 $ 424 $ 236,188 Pass 214,371 16,483 589 — 381 — 3,925 424 236,173 Special Mention 6 — — — — — — — 6 Substandard 9 — — — — — — — 9 Commercial $ 380,799 $ 459,707 $ 109,116 $ 8,525 $ — $ 6,858 $ 9,832 $ — $ 974,837 Pass 380,799 459,707 109,116 8,525 — 6,858 9,832 — 974,837 Special Mention — — — — — — — — — Substandard — — — — — — — — — Real Estate - 1-4 Family Mortgage $ 233,370 $ 141,066 $ 48,653 $ 24,664 $ 25,604 $ 35,971 $ 26,920 $ 1,238 $ 537,486 Primary $ 12,877 $ 7,965 $ 5,068 $ 2,435 $ 4,522 $ 8,723 $ 4,931 $ 106 $ 46,627 Pass 12,616 7,965 5,068 2,421 4,522 8,419 4,931 106 46,048 Special Mention — — — — — 51 — — 51 Substandard 261 — — 14 — 253 — — 528 Home Equity $ 272 $ 1,187 $ — $ 38 $ 5 $ 27 $ 14,485 $ 141 $ 16,155 Pass 272 1,187 — 38 5 27 14,485 7 16,021 Special Mention — — — — — — — — — Substandard — — — — — — — 134 134 Rental/Investment $ 138,481 $ 85,711 $ 42,056 $ 21,997 $ 14,785 $ 24,448 $ 5,972 $ 787 $ 334,237 Pass 138,137 85,522 41,604 21,097 14,671 22,899 5,972 482 330,384 Special Mention 231 — — — — 174 — — 405 Substandard 113 189 452 900 114 1,375 — 305 3,448 Land Development $ 81,740 $ 46,203 $ 1,529 $ 194 $ 6,292 $ 2,773 $ 1,532 $ 204 $ 140,467 Pass 80,514 46,203 1,525 194 6,292 2,723 1,532 204 139,187 Special Mention 1,226 — — — — — — — 1,226 Substandard — — 4 — — 50 — — 54 Real Estate - Commercial Mortgage $ 1,624,197 $ 1,000,563 $ 713,303 $ 531,424 $ 277,862 $ 810,919 $ 121,305 $ 25,173 $ 5,104,746 Owner-Occupied $ 309,792 $ 319,174 $ 239,946 $ 178,137 $ 128,452 $ 302,495 $ 57,869 $ 3,300 $ 1,539,165 Pass 298,851 314,429 237,058 175,262 122,537 282,657 50,640 3,300 1,484,734 Special Mention 9,640 3,047 815 1,670 — 672 4,808 — 20,652 Substandard 1,301 1,698 2,073 1,205 5,915 19,166 2,421 — 33,779 Non-Owner Occupied $ 1,256,098 $ 657,121 $ 466,703 $ 346,908 $ 144,872 $ 501,863 $ 57,637 $ 21,680 $ 3,452,882 Pass 1,252,484 647,937 466,703 322,997 127,358 418,294 57,637 12,142 3,305,552 Special Mention 506 — — 21,961 17,509 8,975 — — 48,951 Substandard 3,108 9,184 — 1,950 5 74,594 — 9,538 98,379 Land Development $ 58,307 $ 24,268 $ 6,654 $ 6,379 $ 4,538 $ 6,561 $ 5,799 $ 193 $ 112,699 Pass 58,307 24,228 6,342 6,379 4,465 6,067 5,799 193 111,780 Special Mention — 40 — — — — — — 40 Substandard — — 312 — 73 494 — — 879 Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Installment loans to individuals $ — $ — $ — $ 24 $ — $ — $ — $ — $ 24 Pass — — — 24 — — — — 24 Special Mention — — — — — — — — — Substandard — — — — — — — — — Total loans subject to risk rating $ 2,974,780 $ 1,846,162 $ 1,032,769 $ 638,429 $ 333,503 $ 890,597 $ 879,404 $ 30,357 $ 8,626,001 Pass 2,945,114 1,831,620 1,025,563 608,367 305,463 777,311 859,244 19,242 8,371,924 Special Mention 12,328 3,087 1,825 24,014 18,187 10,226 16,424 80 86,171 Substandard 17,338 11,455 5,381 6,048 9,853 103,060 3,736 11,035 167,906 Term Loans Amortized Cost Basis by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Revolving Loans Converted to Term Total December 31, 2021 Commercial, Financial, Agricultural $ 300,748 $ 245,940 $ 122,996 $ 56,732 $ 27,631 $ 36,665 $ 595,956 $ 4,083 $ 1,390,751 Pass 299,731 245,657 120,748 54,654 23,521 27,482 591,096 2,901 1,365,790 Special Mention — 136 1,798 527 605 1,196 651 — 4,913 Substandard 1,017 147 450 1,551 3,505 7,987 4,209 1,182 20,048 Real Estate - Construction $ 461,370 $ 371,694 $ 174,369 $ 15,414 $ — $ 4,393 $ 3,769 $ 2,428 $ 1,033,437 Residential $ 210,734 $ 12,598 $ — $ 601 $ — $ 686 $ 3,769 $ 2,428 $ 230,816 Pass 210,734 12,598 — 601 — 686 3,769 2,428 230,816 Special Mention — — — — — — — — — Substandard — — — — — — — — — Commercial $ 250,636 $ 359,096 $ 174,369 $ 14,813 $ — $ 3,707 $ — $ — $ 802,621 Pass 250,636 359,096 174,369 14,813 — 3,707 — — 802,621 Special Mention — — — — — — — — — Substandard — — — — — — — — — Real Estate - 1-4 Family Mortgage $ 205,137 $ 83,038 $ 60,392 $ 40,195 $ 31,121 $ 41,687 $ 27,010 $ 1,142 $ 489,722 Primary $ 15,599 $ 7,698 $ 3,696 $ 8,470 $ 5,517 $ 13,402 $ 4,888 $ — $ 59,270 Pass 15,599 7,698 3,530 8,470 5,433 10,465 4,877 — 56,072 Special Mention — — — — — 59 — — 59 Substandard — — 166 — 84 2,878 11 — 3,139 Home Equity $ 1,318 $ — $ 42 $ 131 $ — $ 42 $ 14,702 $ 211 $ 16,446 Pass 1,318 — 42 131 — 42 14,332 10 15,875 Special Mention — — — — — — — — — Substandard — — — — — — 370 201 571 Rental/Investment $ 111,006 $ 61,801 $ 33,852 $ 24,324 $ 25,163 $ 25,275 $ 5,782 $ 931 $ 288,134 Pass 110,987 60,855 32,851 24,050 24,981 24,133 5,631 931 284,419 Special Mention — 249 — — — 38 — — 287 Substandard 19 697 1,001 274 182 1,104 151 — 3,428 Term Loans Amortized Cost Basis by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Revolving Loans Converted to Term Total Land Development $ 77,214 $ 13,539 $ 22,802 $ 7,270 $ 441 $ 2,968 $ 1,638 $ — $ 125,872 Pass 74,818 13,539 22,769 7,270 411 1,560 1,638 — 122,005 Special Mention 2,396 — — — — — — — 2,396 Substandard — — 33 — 30 1,408 — — 1,471 Real Estate - Commercial Mortgage $ 1,168,118 $ 836,549 $ 680,831 $ 394,608 $ 421,898 $ 844,635 $ 153,358 $ 35,968 $ 4,535,965 Owner-Occupied $ 312,031 $ 305,686 $ 220,057 $ 177,689 $ 157,886 $ 317,878 $ 62,182 $ 9,748 $ 1,563,157 Pass 310,736 304,555 218,447 174,865 148,298 292,356 62,182 8,036 1,519,475 Special Mention 1,210 1,131 — — 3,286 722 — 1,712 8,061 Substandard 85 — 1,610 2,824 6,302 24,800 — — 35,621 Non-Owner Occupied $ 809,784 $ 511,803 $ 449,734 $ 209,010 $ 258,914 $ 510,213 $ 81,238 $ 26,220 $ 2,856,916 Pass 800,348 503,009 436,387 185,353 203,128 464,713 81,238 16,314 2,690,490 Special Mention 9,235 8,794 11,356 23,650 33,176 8,383 — — 94,594 Substandard 201 — 1,991 7 22,610 37,117 — 9,906 71,832 Land Development $ 46,303 $ 19,060 $ 11,040 $ 7,909 $ 5,098 $ 16,544 $ 9,938 $ — $ 115,892 Pass 46,034 17,030 11,040 7,857 5,098 10,656 9,938 — 107,653 Special Mention 44 — — — — 5,141 — — 5,185 Substandard 225 2,030 — 52 — 747 — — 3,054 Installment loans to individuals $ — $ — $ 42 $ — $ — $ — $ — $ — $ 42 Pass — — 42 — — — — — 42 Special Mention — — — — — — — — — Substandard — — — — — — — — — Total loans subject to risk rating $ 2,135,373 $ 1,537,221 $ 1,038,630 $ 506,949 $ 480,650 $ 927,380 $ 780,093 $ 43,621 $ 7,449,917 Pass 2,120,941 1,524,037 1,020,225 478,064 410,870 835,800 774,701 30,620 7,195,258 Special Mention 12,885 10,310 13,154 24,177 37,067 15,539 651 1,712 115,495 Substandard 1,547 2,874 5,251 4,708 32,713 76,041 4,741 11,289 139,164 The following tables present the performing status of the Company’s loan portfolio not subject to risk rating as of the dates presented: Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total December 31, 2022 Commercial, Financial, Agricultural $ 13 $ — $ — $ — $ — $ 16,163 $ — $ — $ 16,176 Performing Loans 13 — — — — 16,163 — — 16,176 Non-Performing Loans — — — — — — — — — Lease Financing Receivables $ — $ — $ — $ — $ — $ — $ — $ — $ — Performing Loans — — — — — — — — — Non-Performing Loans — — — — — — — — — Real Estate - Construction $ 57,570 $ 61,245 $ 497 $ — $ — $ — $ — $ — $ 119,312 Residential $ 57,570 $ 61,245 $ 497 $ — $ — $ — $ — $ — $ 119,312 Performing Loans 57,493 61,245 497 — — — — — 119,235 Non-Performing Loans 77 — — — — — — — 77 Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial $ — $ — $ — $ — $ — $ — $ — $ — $ — Performing Loans — — — — — — — — — Non-Performing Loans — — — — — — — — — Real Estate - 1-4 Family Mortgage $ 704,214 $ 546,256 $ 351,213 $ 155,549 $ 116,951 $ 319,567 $ 481,254 $ 3,773 $ 2,678,777 Primary $ 694,941 $ 541,801 $ 350,205 $ 154,979 $ 115,876 $ 318,364 $ — $ 63 $ 2,176,229 Performing Loans 694,221 538,870 345,912 150,821 109,156 307,178 — 63 2,146,221 Non-Performing Loans 720 2,931 4,293 4,158 6,720 11,186 — — 30,008 Home Equity $ — $ 111 $ — $ — $ — $ 676 $ 481,254 $ 3,710 $ 485,751 Performing Loans — 111 — — — 609 480,094 3,026 483,840 Non-Performing Loans — — — — — 67 1,160 684 1,911 Rental/Investment $ — $ — $ — $ — $ — $ 145 $ — $ — $ 145 Performing Loans — — — — — 145 — — 145 Non-Performing Loans — — — — — — — — — Land Development $ 9,273 $ 4,344 $ 1,008 $ 570 $ 1,075 $ 382 $ — $ — $ 16,652 Performing Loans 9,257 4,344 1,008 570 1,075 319 — — 16,573 Non-Performing Loans 16 — — — — 63 — — 79 Real Estate - Commercial Mortgage $ 4,805 $ 3,518 $ 2,587 $ 1,281 $ 691 $ 435 $ — $ — $ 13,317 Owner-Occupied $ — $ — $ 131 $ — $ — $ — $ — $ — $ 131 Performing Loans — — 131 — — — — — 131 Non-Performing Loans — — — — — — — — — Non-Owner Occupied $ — $ — $ 28 $ — $ — $ — $ — $ — $ 28 Performing Loans — — 28 — — — — — 28 Non-Performing Loans — — — — — — — — — Land Development $ 4,805 $ 3,518 $ 2,428 $ 1,281 $ 691 $ 435 $ — $ — $ 13,158 Performing Loans 4,805 3,518 2,422 1,281 691 435 — — 13,152 Non-Performing Loans — — 6 — — — — — 6 Installment loans to individuals $ 44,255 $ 15,976 $ 6,416 $ 14,252 $ 17,095 $ 10,626 $ 16,062 $ 39 $ 124,721 Performing Loans 44,227 15,927 6,389 14,211 17,076 10,532 16,062 35 124,459 Non-Performing Loans 28 49 27 41 19 94 — 4 262 Total loans not subject to risk rating $ 810,857 $ 626,995 $ 360,713 $ 171,082 $ 134,737 $ 346,791 $ 497,316 $ 3,812 $ 2,952,303 Performing Loans 810,016 624,015 356,387 166,883 127,998 335,381 496,156 3,124 2,919,960 Non-Performing Loans 841 2,980 4,326 4,199 6,739 11,410 1,160 688 32,343 Term Loans Amortized Cost Basis by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Revolving Loans Converted to Term Total December 31, 2021 Commercial, Financial, Agricultural $ 71 $ — $ — $ 1 $ — $ 8,983 $ 23,464 $ — $ 32,519 Performing Loans 71 — — 1 — 8,983 23,464 — 32,519 Non-Performing Loans — — — — — — — — — Lease Financing Receivables $ 26,301 $ 23,270 $ 15,504 $ 7,713 $ 2,169 $ 1,168 $ — $ — $ 76,125 Performing Loans 26,301 23,270 15,504 7,713 2,167 1,159 — — 76,114 Non-Performing Loans — — — — 2 9 — — 11 Real Estate - Construction $ 57,283 $ 12,561 $ 1,615 $ — $ — $ — $ — $ — $ 71,459 Residential $ 57,283 $ 12,561 $ 1,615 $ — $ — $ — $ — $ — $ 71,459 Performing Loans 57,283 12,561 1,615 — — — — — 71,459 Non-Performing Loans — — — — — — — — — Commercial $ — $ — $ — $ — $ — $ — $ — $ — $ — Performing Loans — — — — — — — — — Non-Performing Loans — — — — — — — — — Real Estate - 1-4 Family Mortgage $ 554,483 $ 419,252 $ 205,216 $ 157,015 $ 137,607 $ 308,441 $ 448,379 $ 4,131 $ 2,234,524 Primary $ 542,659 $ 415,863 $ 203,941 $ 154,655 $ 134,194 $ 305,457 $ — $ 81 $ 1,756,850 Performing Loans 542,053 414,931 201,475 149,478 131,571 298,023 — 81 1,737,612 Non-Performing Loans 606 932 2,466 5,177 2,623 7,434 — — 19,238 Home Equity $ 111 $ — $ 79 $ 767 $ 2,441 $ 2,331 $ 448,379 $ 4,050 $ 458,158 Performing Loans 111 — 79 767 2,441 2,204 447,298 3,740 456,640 Non-Performing Loans — — — — — 127 1,081 310 1,518 Rental/Investment $ — $ — $ 99 $ — $ 23 $ 218 $ — $ — $ 340 Performing Loans — — 99 — 23 164 — — 286 Non-Performing Loans — — — — — 54 — — 54 Land Development $ 11,713 $ 3,389 $ 1,097 $ 1,593 $ 949 $ 435 $ — $ — $ 19,176 Performing Loans 11,688 3,298 1,065 1,593 874 435 — — 18,953 Non-Performing Loans 25 91 32 — 75 — — — 223 Real Estate - Commercial Mortgage $ 5,265 $ 3,584 $ 2,082 $ 947 $ 499 $ 695 $ — $ — $ 13,072 Owner-Occupied $ — $ 136 $ 58 $ — $ — $ — $ — $ — $ 194 Performing Loans — 136 58 — — — — — 194 Non-Performing Loans — — — — — — — — — Non-Owner Occupied $ — $ 31 $ — $ — $ — $ — $ — $ — $ 31 Performing Loans — 31 — — — — — — 31 Non-Performing Loans — — — — — — — — — Land Development $ 5,265 $ 3,417 $ 2,024 $ 947 $ 499 $ 695 $ — $ — $ 12,847 Performing Loans 5,265 3,417 2,008 947 499 644 — — 12,780 Non-Performing Loans — — 16 — — 51 — — 67 Installment loans to individuals $ 44,302 $ 15,436 $ 23,114 $ 28,298 $ 11,706 $ 5,798 $ 14,574 $ 70 $ 143,298 Performing Loans 44,254 15,360 23,035 28,270 11,672 5,574 14,557 59 142,781 Non-Performing Loans 48 76 79 28 34 224 17 11 517 Total loans not subject to risk rating $ 687,705 $ 474,103 $ 247,531 $ 193,974 $ 151,981 $ 325,085 $ 486,417 $ 4,201 $ 2,570,997 Performing Loans 687,026 473,004 244,938 188,769 149,247 317,186 485,319 3,880 2,549,369 Non-Performing Loans 679 1,099 2,593 5,205 2,734 7,899 1,098 321 21,628
Related party loans	A summary of the changes in related party loans follows: Loans at December 31, 2021 $ 29,907 New loans and advances 3,778 Payments received (674) Loans at December 31, 2022 $ 33,011
Carrying amount of PCD loans at the acquisition date	The carrying amount of purchased credit deteriorated (“PCD”) loans at the acquisition date is detailed below. Carrying Amount Purchase price of loans at acquisition $ 13,654 Allowance for credit losses at acquisition 11,460 Par value of acquired loans at acquisition $ 25,114

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Roll forward of the allowance for loan losses	The following table provides a roll-forward of the allowance for credit losses by loan category and a breakdown of the ending balance of the allowance based on the Company’s credit loss methodology for the periods presented: Commercial Real Estate - Real Estate - Real Estate - Lease Financing Installment Loans to Individuals Total Year Ended December 31, 2022 Allowance for credit losses on loans: Beginning balance $ 33,922 $ 16,419 $ 32,356 $ 68,940 $ 1,486 $ 11,048 $ 164,171 Impact of PCD loans acquired during the period 11,460 — — — — — 11,460 Charge-offs (5,120) — (757) (5,134) (7) (3,167) (14,185) Recoveries 2,471 — 821 418 146 3,000 6,856 Net charge-offs (2,649) — 64 (4,716) 139 (167) (7,329) Provision (recoveries) of credit losses on loans 1,522 2,695 12,307 7,574 838 (1,148) 23,788 Ending balance $ 44,255 $ 19,114 $ 44,727 $ 71,798 $ 2,463 $ 9,733 $ 192,090 Period-End Amount Allocated to: Individually evaluated $ 4,397 $ — $ 46 $ 1,729 $ — $ 270 $ 6,442 Collectively evaluated 39,858 19,114 44,681 70,069 2,463 9,463 185,648 Ending balance $ 44,255 $ 19,114 $ 44,727 $ 71,798 $ 2,463 $ 9,733 $ 192,090 Loans: Individually evaluated $ 8,536 $ 489 $ 9,202 $ 10,953 $ — $ 270 $ 29,450 Collectively evaluated 1,665,347 1,329,848 3,207,061 5,107,110 115,013 124,475 11,548,854 Ending balance $ 1,673,883 $ 1,330,337 $ 3,216,263 $ 5,118,063 $ 115,013 $ 124,745 $ 11,578,304 Nonaccruing loans with no allowance for credit losses $ 464 $ — $ 7,278 $ 3,157 $ — $ — $ 10,899 Commercial Real Estate - Real Estate - Real Estate - Lease Financing Installment Loans to Individuals Total Year Ended December 31, 2021 Allowance for credit losses on loans: Beginning balance $ 39,031 $ 16,047 $ 32,165 $ 76,127 $ 1,624 $ 11,150 $ 176,144 Charge-offs (7,087) (52) (1,164) (5,184) (13) (5,374) (18,874) Recoveries 1,470 13 1,498 541 49 5,030 8,601 Net charge-offs (5,617) (39) 334 (4,643) 36 (344) (10,273) Provision for credit losses on loans 508 411 (143) (2,544) (174) 242 (1,700) Ending balance $ 33,922 $ 16,419 $ 32,356 $ 68,940 $ 1,486 $ 11,048 $ 164,171 Period-End Amount Allocated to: Individually evaluated $ 9,239 $ — $ 216 $ 2,401 $ — $ 607 $ 12,463 Collectively evaluated 24,683 16,419 32,140 66,539 1,486 10,441 151,708 Ending balance $ 33,922 $ 16,419 $ 32,356 $ 68,940 $ 1,486 $ 11,048 $ 164,171 Loans: Individually evaluated $ 12,776 $ — $ 5,360 $ 14,623 $ — $ 690 $ 33,449 Collectively evaluated 1,410,494 1,104,896 2,718,886 4,534,414 76,125 142,650 9,987,465 Ending balance $ 1,423,270 $ 1,104,896 $ 2,724,246 $ 4,549,037 $ 76,125 $ 143,340 $ 10,020,914 Nonaccruing loans with no allowance for credit losses $ 397 $ — $ 2,329 $ 5,270 $ — $ 22 $ 8,018
Unfunded loan commitments, allowance for credit losses	The following table provides a roll-forward of the allowance for credit losses on unfunded loan commitments for the periods presented. Year Ended 2022 2021 Allowance for credit losses on unfunded loan commitments: Beginning balance $ 20,035 $ 20,535 Provision for (recovery of) credit losses on unfunded loan commitments (included in other noninterest expense) 83 (500) Ending balance $ 20,118 $ 20,035

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Bank premises and equipment	Bank premises and equipment at December 31 are summarized as follows: 2022 2021 Premises $ 250,038 $ 247,484 Leasehold improvements 33,325 29,412 Furniture and equipment 68,275 65,286 Computer equipment 26,356 24,412 Autos 143 143 Lease right-of-use assets 54,930 63,547 Total 433,067 430,284 Accumulated depreciation (149,472) (137,162) Net $ 283,595 $ 293,122

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	12 Months Ended
	Dec. 31, 2022
Real Estate [Abstract]
Other real estate owned (OREO) covered and not covered under a loss-share agreement, net of valuation allowances and direct write-downs	The following table provides details of the Company’s other real estate owned (“OREO”), net of valuation allowances and direct write-downs, as of the dates presented: Total December 31, 2022 Residential real estate $ 699 Commercial real estate 62 Residential land development 246 Commercial land development 756 Total $ 1,763 December 31, 2021 Residential real estate $ 259 Commercial real estate 761 Residential land development 305 Commercial land development 1,215 Total $ 2,540
Changes in Company’s OREO	Changes in the Company’s OREO were as follows for the periods presented: Total Balance at December 31, 2020 $ 5,972 Transfers of loans 3,180 Impairments (306) Dispositions (6,166) Other (140) Balance at December 31, 2021 $ 2,540 Transfers of loans 2,207 Impairments (110) Dispositions (2,875) Other 1 Balance at December 31, 2022 $ 1,763
Components of OREO in the consolidated statements of income	Components of the line item “Other real estate owned” in the Consolidated Statements of Income were as follows, as of the dates presented: December 31, 2022 2021 2020 Repairs and maintenance $ 54 $ 79 $ 279 Property taxes and insurance 93 69 364 Impairments 110 306 2,160 Net gains on OREO sales (703) (176) (23) Rental income (7) (25) (26) Total $ (453) $ 253 $ 2,754

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the carrying amount of goodwill	Changes in the carrying amount of goodwill during the years ended December 31, 2022 were as follows: Community Banks Insurance Total Balance at December 31, 2020 $ 936,916 $ 2,767 $ 939,683 Additions to goodwill and other adjustments — — — Balance at December 31, 2021 $ 936,916 $ 2,767 $ 939,683 Additions to goodwill from the Southeastern Commercial Finance, LLC acquisition 6,608 — 6,608 Additions to goodwill from the Continental Republic Capital, LLC acquisition 45,417 — 45,417 Balance at December 31, 2022 $ 988,941 $ 2,767 $ 991,708
Summary of finite-lived intangible assets	The following table provides a summary of finite-lived intangible assets as of the dates presented: Gross Carrying Accumulated Net Carrying December 31, 2022 Core deposit intangible $ 82,492 $ (64,339) $ 18,153 Customer relationship intangible 7,670 (1,647) 6,023 Total finite-lived intangible assets $ 90,162 $ (65,986) $ 24,176 December 31, 2021 Core deposit intangible $ 82,492 $ (59,399) $ 23,093 Customer relationship intangible 2,470 (1,465) 1,005 Total finite-lived intangible assets $ 84,962 $ (60,864) $ 24,098
Estimated amortization expense of finite-lived intangible assets	The estimated amortization expense of finite-lived intangible assets for the five succeeding fiscal years is summarized as follows: Core Deposit Intangible Customer Relationship Intangible Total 2023 $ 4,042 $ 1,336 $ 5,378 2024 3,498 1,192 4,690 2025 3,102 1,048 4,150 2026 2,899 860 3,759 2027 2,775 628 3,403

Mortgage Servicing Rights (Tabl

Mortgage Servicing Rights (Tables)	12 Months Ended
	Dec. 31, 2022
Transfers and Servicing [Abstract]
Changes in the company's mortgage servicing rights	Changes in the Company’s mortgage servicing rights (“MSRs”) were as follows, for the periods presented: Carrying Value at January 1, 2021 $ 62,994 Capitalization 33,948 Amortization (21,485) Valuation adjustment 13,561 Carrying Value at December 31, 2021 $ 89,018 Sale of MSRs (15,565) Capitalization 22,788 Amortization (11,793) Carrying Value at December 31, 2022 $ 84,448
Data and key economic assumptions related to the company's mortgage servicing rights	Data and key economic assumptions related to the Company’s mortgage servicing rights as of December 31 are as follows: 2022 2021 2020 Unpaid principal balance $ 7,494,413 $ 8,728,629 $ 7,322,671 Weighted-average prepayment speed (CPR) 7.00 % 10.56 % 15.05 % Estimated impact of a 10% increase $ (5,393) $ (3,875) $ (4,001) Estimated impact of a 20% increase (10,354) (7,464) (7,674) Discount rate 10.30 % 9.82 % 9.86 % Estimated impact of a 100bp increase $ (1,765) $ (4,153) $ (2,144) Estimated impact of a 200bp increase (3,957) (8,119) (4,144) Weighted-average coupon interest rate 3.51 % 3.29 % 3.58 % Weighted-average servicing fee (basis points) 32.44 30.37 29.94 Weighted-average remaining maturity (in years) 8.33 6.69 5.14

Deposit (Tables)

Deposit (Tables)	12 Months Ended
	Dec. 31, 2022
Mortgage Banking [Abstract]
Schedule of deposits	The following is a summary of deposits as of December 31: 2022 2021 Noninterest-bearing deposits $ 4,558,756 $ 4,718,124 Interest-bearing demand deposits 6,151,142 6,695,879 Savings deposits 1,081,628 1,080,338 Time deposits (1) 1,695,440 1,411,383 Total deposits $ 13,486,966 $ 13,905,724 (1) Includes brokered deposits in the amount of $233,133 for 2022.
Schedule of maturities time deposits, including brokered deposits	The approximate scheduled maturities of time deposits, including brokered deposits, at December 31, 2022 are as follows: 2023 $ 1,236,045 2024 336,382 2025 87,883 2026 19,575 2027 12,129 Thereafter 3,426 Total $ 1,695,440

Short-Term Borrowings (Tables)

Short-Term Borrowings (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Short-term borrowings	Short-term borrowings as of December 31 are summarized as follows: 2022 2021 Securities sold under agreements to repurchase $ 12,232 $ 13,947 Federal Home Loan Bank short-term advances 700,000 — Total short-term borrowings $ 712,232 $ 13,947
Average balances and cost of funds of short-term borrowings	The average balances and cost of funds of short-term borrowings for the years ending December 31 are summarized as follows: Average Balances Cost of Funds 2022 2021 2020 2022 2021 2020 Federal Home Loan Bank short-term advances $ 175,370 $ — $ 345,601 2.52 % — % 1.09 % Federal funds purchased 97 747 363 3.97 0.33 — Securities sold under agreements to repurchase 12,217 12,662 10,889 0.36 0.29 0.30 Total short-term borrowings $ 187,684 $ 13,409 $ 356,853 2.38 % 0.29 % 1.07 %

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of long-term debt	Long-term debt as of December 31, 2022 and 2021 is summarized as follows: 2022 2021 Federal Home Loan Bank advances $ — $ 417 Junior subordinated debentures 112,042 111,373 Subordinated notes 316,091 359,419 Total long-term debt $ 428,133 $ 471,209
Schedule of debentures	The following table provides the details of the debentures as of December 31, 2022: Principal Carrying Value Spread (in bps) Year of Amount PHC Statutory Trust I $ 20,619 $ 20,619 285 2033 $ 20,000 PHC Statutory Trust II 31,959 31,959 187 2035 31,000 Capital Bancorp Capital Trust I 12,372 12,372 150 2035 12,000 First M&F Statutory Trust I 30,928 23,751 133 2036 22,822 Brand Trust I 10,310 9,573 205 2035 9,263 Brand Trust II 5,155 5,205 300 2037 5,050 Brand Trust III 5,155 5,205 300 2038 5,050 Brand Trust IV 3,093 3,358 375 2038 3,265 Total $ 112,042 $ 108,450 Issue Date Initial principal Fixed rate Fixed to floating transition date Benchmark rate Spread (in bps) Debt outstanding Maturity August 22, 2016 $ 40,000 5.50% September 1, 2026 3-month LIBOR 407.1 $ 40,000 September 1, 2031 September 3, 2020 $ 100,000 4.50% September 15, 2030 3-month SOFR 402.5 $ 100,000 September 15, 2035 November 23, 2021 $ 200,000 3.00% December 1, 2026 3-month SOFR 191 $ 200,000 December 1, 2031 Debt issuance costs and fair value adjustment (23,909) Total subordinated debt $ 316,091
Schedule of aggregate stated maturities of long-term debt outstanding	The aggregate stated maturities of long-term debt outstanding at December 31, 2022, are summarized as follows: Federal Home Loan Bank advances Junior subordinated debentures Subordinated notes Total 2023 $ — $ — $ — $ — 2024 — — — — 2025 — — — — 2026 — — — — 2027 — — — — Thereafter — 112,042 316,091 428,133 Total $ — $ 112,042 $ 316,091 $ 428,133

Employee Benefit and Deferred_2

Employee Benefit and Deferred Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Information relating to the defined benefit pension plan and post-retirement health and life plans	The following table presents information relating to the defined benefit pension plan maintained by Renasant Bank (“Pension Benefits - Renasant”) and the post-retirement health and life plan (“Other Benefits”) as of December 31, 2022 and 2021: Pension Benefits Renasant Other Benefits 2022 2021 2022 2021 Change in benefit obligation Benefit obligation at beginning of year $ 27,567 $ 28,226 $ 586 $ 1,019 Service cost — — 4 5 Interest cost 738 682 12 14 Plan participants’ contributions — — 85 152 Actuarial loss (gain) (5,256) 672 (48) (221) Benefits paid (1) (1,819) (2,013) (88) (383) Benefit obligation at end of year $ 21,230 $ 27,567 $ 551 $ 586 Change in fair value of plan assets Fair value of plan assets at beginning of year $ 30,399 $ 30,549 Actual return on plan assets (7,726) 1,863 Contribution by employer — — Benefits paid (1,819) (2,013) Fair value of plan assets at end of year $ 20,854 $ 30,399 Funded status at end of year $ (376) $ 2,832 $ (551) $ (586) Weighted-average assumptions as of December 31 Discount rate used to determine the benefit obligation 4.94 % 2.79 % 4.74 % 2.35 % (1) Attributable to retiree medical benefits.
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, 2022, 2021 and 2020 are as follows: Pension Benefits Renasant Other Benefits 2022 2021 2020 2022 2021 2020 Service cost $ — $ — $ — $ 4 $ 5 $ 6 Interest cost 738 682 984 12 14 13 Expected return on plan assets (1,684) (1,768) (1,651) — — — Prior service cost recognized (1) — — — — — 485 Recognized actuarial loss (gain) 243 265 349 (76) (3) (90) Settlement/curtailment/termination losses (1) — — 567 — — — Net periodic benefit cost (703) (821) 249 (60) 16 414 Net actuarial loss (gain) arising during the period 4,155 577 (1,090) (48) (221) 21 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 (243) (265) (349) 76 3 90 Amortization of prior service cost (1) — — — — — (485) Total recognized in other comprehensive income 3,912 312 (2,006) 28 (218) 111 Total recognized in net periodic benefit cost and other comprehensive income $ 3,209 $ (509) $ (1,757) $ (32) $ (202) $ 525 Weighted-average assumptions as of December 31 Discount rate used to determine net periodic pension cost 2.79 % 2.44 % 3.59 % 2.35 % 1.77 % 2.91 % Expected return on plan assets 5.75 % 6.00 % 6.00 % N/A N/A N/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 Renasant Other 2023 $ 2,187 $ 163 2024 2,037 69 2025 2,032 80 2026 1,948 74 2027 1,871 63 2028 - 2032 8,700 158
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, 2022 are as follows: Pension Benefits Renasant Other Prior service cost $ — $ — Actuarial loss (gain) 11,306 (271) Total $ 11,306 $ (271)
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 during 2023 are as follows: Pension Benefits Renasant Other Prior service cost $ — $ — Actuarial loss (gain) 243 (76) Total $ 243 $ (76)
Fair values of defined benefit pension plan assets by category of the firm	Quoted Prices In Significant Significant Measured at NAV Totals December 31, 2022 Cash and cash equivalents $ 66 $ — $ — $ — $ 66 Investments in collective trusts — — — 20,788 20,788 $ 66 $ — $ — $ 20,788 $ 20,854 Quoted Prices In Significant Significant Measured at NAV Totals December 31, 2021 Cash and cash equivalents $ 42 $ — $ — $ — $ 42 Investments in collective trusts — — — 30,357 30,357 $ 42 $ — $ — $ 30,357 $ 30,399
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 years ended December 31, 2021 and 2020: Shares Weighted Weighted Aggregate Outstanding at January 1, 2020 29,250 $ 15.86 Granted — — Exercised (18,750) 16.37 Forfeited — — Outstanding at December 31, 2020 10,500 $ 14.96 1.00 $ 191 Exercisable at December 31, 2020 10,500 $ 14.96 1.00 $ 191 Granted — — Exercised (10,500) 14.96 Forfeited — — Outstanding at December 31, 2021 — $ — 0.00 $ — Exercisable at December 31, 2021 — $ — 0.00 $ —
Summary of the changes in stock options and restricted stock	The following table summarizes the changes in restricted stock as of and for the year ended December 31, 2022: Performance- Weighted Time- Weighted Not vested at beginning of year 146,561 $ 34.67 603,714 $ 34.48 Awarded 81,308 38.45 324,633 37.20 Vested (66,566) 35.42 (222,283) 32.81 Forfeited and cancelled (5,465) 37.26 (25,661) 37.20 Not vested at end of year 155,838 $ 36.23 680,403 $ 36.23

Derivative Instruments (Tables)

Derivative Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative financial instruments	The following table provides a summary of the Company’s derivatives not designated as hedging instruments as of the dates presented: Balance Sheet December 31, 2022 December 31, 2021 Location Notional Amount Fair Value Notional Amount Fair Value Derivative assets: Interest rate contracts Other Assets $ 258,646 $ 11,354 $ 185,447 $ 4,711 Interest rate lock commitments Other Assets 62,901 1,231 310,941 5,304 Forward commitments Other Assets 84,000 484 280,000 667 Totals $ 405,547 $ 13,069 $ 776,388 $ 10,682 Derivative liabilities: Interest rate contracts Other Liabilities $ 258,646 $ 11,354 $ 185,447 $ 4,711 Interest rate lock commitments Other Liabilities 19,488 98 19,961 43 Forward commitments Other Liabilities 73,000 1,198 320,000 736 Totals $ 351,134 $ 12,650 $ 525,408 $ 5,490 The following table provides a summary of the Company’s derivatives designated as cash flow hedges as of the dates presented: Balance Sheet December 31, 2022 December 31, 2021 Location Notional Amount Fair Value Notional Amount Fair Value Derivative assets: Interest rate swaps Other Assets $ 130,000 $ 24,514 $ 100,000 $ 7,016 Interest rate collars Other Assets 200,000 464 — — Totals $ 330,000 $ 24,978 $ 100,000 $ 7,016 Derivative liabilities: Interest rate swaps Other Liabilities $ — $ — $ 62,000 $ 2,902 Interest rate collars Other Liabilities 250,000 746 — — Totals $ 250,000 $ 746 $ 62,000 $ 2,902 The following table provides a summary of the Company's derivatives designated as fair value hedges as of the dates presented: Balance Sheet December 31, 2022 December 31, 2021 Location Notional Amount Fair Value Notional Amount Fair Value Derivative liabilities: Interest rate swaps Other Liabilities $ 100,000 $ 19,789 $ 100,000 $ 5,411
Gains (losses) on derivative financial instruments included in the Consolidated Statements of Income	Gains (losses) included in the Consolidated Statements of Income related to the Company’s derivative financial instruments were as follows, as of the dates presented: Year Ended December 31, 2022 2021 2020 Interest rate contracts: Included in interest income on loans $ 2,470 $ 2,027 $ 2,051 Interest rate lock commitments: Included in mortgage banking income (4,128) (14,563) 15,249 Forward commitments Included in mortgage banking income (645) 5,021 (4,033) Total $ (2,303) $ (7,515) $ 13,267 The following table presents the effects of the Company’s fair value hedge relationships on the Consolidated Statements of Income for the periods presented: Amount of Gain (Loss) Recognized in Income Income Statement Year ended December 31, Location 2022 2021 2020 Derivative liabilities: Interest rate swaps - subordinated notes Interest Expense $ (14,378) $ (5,202) $ (209) Derivative liabilities - hedged items: Interest rate swaps - subordinated notes Interest Expense $ 14,378 $ 5,202 $ 209
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location	The following table presents the amounts that were recorded in the Consolidated Balance Sheets related to cumulative basis adjustments for fair value hedges as of the dates presented: Carrying Amount of the Hedged Liability Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of the Hedged Liability Balance Sheet Location December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 Long-term debt $ 78,881 $ 93,085 $ 19,789 $ 5,411
Offsetting Assets	The following table presents the Company’s gross derivative positions as recognized in the Consolidated Balance Sheets as well as the net derivative positions, including collateral pledged to the extent the application of such collateral did not reduce the net derivative liability position below zero, had the Company elected to offset those instruments subject to an enforceable master netting agreement as of the dates presented: Offsetting Derivative Assets Offsetting Derivative Liabilities December 31, December 31, December 31, December 31, Gross amounts recognized $ 36,493 $ 8,007 $ 22,056 $ 13,436 Gross amounts offset in the consolidated balance sheets — — — — Net amounts presented in the consolidated balance sheets 36,493 8,007 22,056 13,436 Gross amounts not offset in the consolidated balance sheets Financial instruments 22,056 7,208 22,056 7,208 Financial collateral pledged — — — 6,228 Net amounts $ 14,437 $ 799 $ — $ —
Offsetting Liabilities	The following table presents the Company’s gross derivative positions as recognized in the Consolidated Balance Sheets as well as the net derivative positions, including collateral pledged to the extent the application of such collateral did not reduce the net derivative liability position below zero, had the Company elected to offset those instruments subject to an enforceable master netting agreement as of the dates presented: Offsetting Derivative Assets Offsetting Derivative Liabilities December 31, December 31, December 31, December 31, Gross amounts recognized $ 36,493 $ 8,007 $ 22,056 $ 13,436 Gross amounts offset in the consolidated balance sheets — — — — Net amounts presented in the consolidated balance sheets 36,493 8,007 22,056 13,436 Gross amounts not offset in the consolidated balance sheets Financial instruments 22,056 7,208 22,056 7,208 Financial collateral pledged — — — 6,228 Net amounts $ 14,437 $ 799 $ — $ —

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Components of the provision for income taxes	Significant components of the provision for income taxes are as follows for the periods presented: Year Ended December 31, 2022 2021 2020 Current Federal $ 39,507 $ 34,629 $ 30,193 State 3,453 895 3,309 42,960 35,524 33,502 Deferred Federal 1,630 9,168 (10,947) State 650 2,243 (2,715) 2,280 11,411 (13,662) $ 45,240 $ 46,935 $ 19,840
Reconciliation of income taxes computed at the United States federal statutory tax rates	The reconciliation of income taxes computed at the United States federal statutory tax rates to the provision for income taxes is as follows, for the periods presented: Year Ended December 31, 2022 2021 2020 Tax at U.S. statutory rate $ 44,375 $ 46,794 $ 21,733 Increase (decrease) in taxes resulting from: Tax-exempt interest income (1,832) (1,669) (1,431) BOLI income (1,946) (1,547) (1,182) Investment tax credits (928) (988) (1,494) Amortization of investment in low-income housing tax credits 683 817 1,280 State income tax expense, net of federal benefit 3,241 2,479 469 Other items, net 1,647 1,049 465 $ 45,240 $ 46,935 $ 19,840
Significant components of the Company's deferred tax assets and liabilities	Significant components of the Company’s deferred tax assets and liabilities are as follows for the periods presented: December 31, 2022 2021 Deferred tax assets Allowance for credit losses $ 52,551 $ 50,712 Loans 2,518 2,855 Deferred compensation 14,447 14,522 Net unrealized losses on securities 70,999 3,545 Impairment of assets 316 392 Net operating loss carryforwards 497 1,211 Investments in partnerships 1,164 890 Lease liabilities under operating leases 14,641 17,106 Other 3,523 3,241 Total deferred tax assets 160,656 94,474 Deferred tax liabilities Fixed assets 10,342 5,339 Mortgage servicing rights 19,624 20,779 Junior subordinated debt 1,948 2,130 Intangibles 2,702 3,177 Lease right-of-use asset 14,018 16,209 Other 1,614 1,607 Total deferred tax liabilities 50,248 49,241 Net deferred tax assets $ 110,408 $ 45,233
Summary of operating loss carryforwards	The table below presents the breakout of net operating losses as of the dates presented. December 31, 2022 2021 Net Operating Losses Federal $ 1,101 $ 2,065 State 5,666 16,954
Reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest	A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest, related to federal and state income tax matters as of December 31 follows below: 2022 2021 2020 Balance at January 1 $ 408 $ 402 $ 667 Additions based on positions related to current period 65 62 101 Reductions based on positions related to prior period — — (314) Reductions due to lapse of statute of limitations (66) (56) (52) Balance at December 31 $ 407 $ 408 $ 402

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair values of financial assets and liabilities measured on a recurring basis	The following tables present assets and liabilities that are measured at fair value on a recurring basis as of the dates presented: Level 1 Level 2 Level 3 Totals December 31, 2022 Financial assets: Securities available for sale $ — $ 1,533,942 $ — $ 1,533,942 Total securities available for sale — 1,533,942 — 1,533,942 Derivative instruments — 38,047 — 38,047 Mortgage loans held for sale in loans held for sale — 110,105 — 110,105 Total financial assets $ — $ 1,682,094 $ — $ 1,682,094 Financial liabilities: Derivative instruments $ — $ 33,185 $ — $ 33,185 Level 1 Level 2 Level 3 Totals December 31, 2021 Financial assets: Securities available for sale: Trust preferred securities $ — $ — $ — $ — Other available for sale securities — 2,386,052 — 2,386,052 Total securities available for sale — 2,386,052 — 2,386,052 Derivative instruments — 17,698 — 17,698 Mortgage loans held for sale in loans held for sale — 453,533 — 453,533 Total financial assets $ — $ 2,857,283 $ — $ 2,857,283 Financial liabilities: Derivative instruments $ — $ 13,803 $ — $ 13,803
Reconciliation for assets and liabilities measured at fair value on a recurring basis	The following table provides for the period presented a reconciliation for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs, or Level 3 inputs: Securities available for sale Trust preferred Balance at January 1, 2021 $ 9,012 Accretion included in net income 8 Realized losses included in net income, net of premium amortization 2,060 Unrealized losses included in other comprehensive income 941 Sales (12,021) Balance at December 31, 2021 $ —
Impaired loans measured at fair value on a nonrecurring basis	Consolidated Balance Sheets at period end and the level within the fair value hierarchy each is classified: Level 1 Level 2 Level 3 Totals December 31, 2022 Individually evaluated loans, net of allowance for credit losses $ — $ — $ 14,732 $ 14,732 OREO — — 1,763 1,763 Total $ — $ — $ 16,495 $ 16,495 Level 1 Level 2 Level 3 Totals December 31, 2021 Individually evaluated loans, net of allowance for credit losses $ — $ — $ 7,928 $ 7,928 OREO — — 2,540 2,540 Total $ — $ — $ 10,468 $ 10,468
OREO measured at fair value on a nonrecurring basis	The following table presents, as of the dates presented, OREO measured at fair value on a nonrecurring basis that was still held in the Consolidated Balance Sheets at period-end: December 31, 2022 December 31, 2021 Carrying amount prior to remeasurement $ 1,842 $ 2,556 Impairment recognized in results of operations (79) (16) Fair value $ 1,763 $ 2,540
Significant unobservable inputs (Level 3) used in valuation of assets and liabilities measured at fair value on non recurring basis	The following table presents information as of December 31, 2022 about significant unobservable inputs (Level 3) used in the valuation of assets measured at fair value on a nonrecurring basis: Financial instrument Fair Valuation Technique Significant Range of Inputs Individually evaluated loans, net of allowance for credit losses $ 14,732 Appraised value of collateral less estimated costs to sell Estimated costs to sell 4-10% OREO $ 1,763 Appraised value of property less estimated costs to sell Estimated costs to sell 4-10%
Summarizes differences between fair value and principal balance for mortgage loans held for sale measure at fair value	The following table summarizes the differences between the fair value and the principal balance for mortgage loans held for sale measured at fair value as of December 31, 2022 and December 31, 2021: Aggregate Aggregate Difference December 31, 2022 Mortgage loans held for sale measured at fair value $ 110,105 $ 108,143 $ 1,962 December 31, 2021 Mortgage loans held for sale measured at fair value $ 453,533 $ 441,717 $ 11,816
Assets and liabilities not measured and reported at fair value on a recurring basis or nonrecurring basis	The carrying amounts and estimated fair values of the Company’s financial instruments, including those assets and liabilities that are not measured and reported at fair value on a recurring basis or nonrecurring basis, were as follows as of the dates presented: Fair Value Carrying Level 1 Level 2 Level 3 Total December 31, 2022 Financial assets Cash and cash equivalents $ 575,992 $ 575,992 $ — $ — $ 575,992 Securities held to maturity 1,324,040 — 1,206,540 — 1,206,540 Securities available for sale 1,533,942 — 1,533,942 — 1,533,942 Loans held for sale 110,105 — 110,105 — 110,105 Loans, net 11,386,214 — — 10,850,181 10,850,181 Mortgage servicing rights 84,448 — — 122,454 122,454 Derivative instruments 38,047 — 38,047 — 38,047 Financial liabilities Deposits $ 13,486,966 $ 11,791,526 $ 1,653,891 $ — $ 13,445,417 Short-term borrowings 712,232 712,232 — — 712,232 Junior subordinated debentures 112,042 — 98,754 — 98,754 Subordinated notes 316,091 — 277,500 — 277,500 Derivative instruments 33,185 — 33,185 — 33,185 Fair Value Carrying Level 1 Level 2 Level 3 Total December 31, 2021 Financial assets Cash and cash equivalents $ 1,877,965 $ 1,877,965 $ — $ — $ 1,877,965 Securities held to maturity 416,357 — 415,552 — 415,552 Securities available for sale 2,386,052 — 2,386,052 — 2,386,052 Loans held for sale 453,533 — 453,533 — 453,533 Loans, net 9,856,743 — — 9,690,604 9,690,604 Mortgage servicing rights 89,018 — — 99,425 99,425 Derivative instruments 17,698 — 17,698 — 17,698 Financial liabilities Deposits $ 13,905,724 $ 12,494,342 $ 1,408,397 $ — $ 13,902,739 Short-term borrowings 13,947 13,947 — — 13,947 Federal Home Loan Bank advances 417 — 422 — 422 Junior subordinated debentures 111,373 — 106,682 — 106,682 Subordinated notes 359,419 — 373,950 — 373,950 Derivative instruments 13,803 — 13,803 — 13,803

Other Comprehensive Income (L_2

Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Changes in the components of other comprehensive income (loss)	Changes in the components of other comprehensive income (loss), net of tax, were as follows: Pre-Tax Tax Expense Net of Tax Year Ended December 31, 2022 Securities available for sale: Unrealized holding losses on securities $ (285,829) $ (71,478) $ (214,351) Amortization of unrealized holding losses on securities transferred to the held to maturity category 4,964 1,263 3,701 Total securities available for sale (280,865) (70,215) (210,650) Derivative instruments: Unrealized holding gains on derivative instruments 20,118 5,125 14,993 Total derivative instruments 20,118 5,125 14,993 Defined benefit pension and post-retirement benefit plans: Net loss arising during the period (4,107) (1,045) (3,062) Amortization of net actuarial loss recognized in net periodic pension cost (2) 167 42 125 Total defined benefit pension and post-retirement benefit plans (3,940) (1,003) (2,937) Total other comprehensive loss $ (264,687) $ (66,093) $ (198,594) Year Ended December 31, 2021 Securities available for sale: Unrealized holding losses on securities $ (51,470) $ (13,099) $ (38,371) Reclassification adjustment for gains realized in net income (1) (2,170) (552) (1,618) Amortization of unrealized holding gains on securities transferred to the held to maturity category (73) (19) (54) Total securities available for sale (53,713) (13,670) (40,043) Derivative instruments: Unrealized holding gains on derivative instruments 10,848 2,761 8,087 Reclassification adjustment for gains realized in net income related to swap termination (4,676) (1,190) (3,486) Total derivative instruments 6,172 1,571 4,601 Defined benefit pension and post-retirement benefit plans: Net loss arising during the period (356) (92) (264) Amortization of net actuarial loss recognized in net periodic pension cost (2) 262 67 195 Total defined benefit pension and post-retirement benefit plans (94) (25) (69) Total other comprehensive loss $ (47,635) $ (12,124) $ (35,511) Pre-Tax Tax Expense Net of Tax Year Ended December 31, 2020 Securities available for sale: Unrealized holding gains on securities $ 27,788 $ 7,071 $ 20,717 Reclassification adjustment for gains realized in net income (1) (46) (12) (34) Total securities available for sale 27,742 7,059 20,683 Derivative instruments: Unrealized holding gains on derivative instruments 923 235 688 Reclassification adjustment for losses realized in net income related to swap termination 2,040 519 1,521 Total derivative instruments 2,963 754 2,209 Defined benefit pension and post-retirement benefit plans: Net gain arising during the period 1,069 272 797 Reclassification adjustment for settlement loss related to the VERP realized in net income (3) 567 145 422 New prior service cost (3) (485) (123) (362) Amortization of net actuarial loss recognized in net periodic pension cost (2) 259 66 193 Amortization of prior service cost (3) 485 123 362 Total defined benefit pension and post-retirement benefit plans 1,895 483 1,412 Total other comprehensive income $ 32,600 $ 8,296 $ 24,304 (1) Included in Net gains (losses) on sales of securities in the Consolidated Statements of Income (2) Included in Salaries and employee benefits in the Consolidated Statements of Income (3) Included in Restructuring charges in the Consolidated Statements of Income
Accumulated balances for each component of other comprehensive income, net of tax	The accumulated balances for each component of other comprehensive income (loss), net of tax, at December 31 were as follows: 2022 2021 2020 Unrealized (losses) gains on securities $ (219,766) $ (9,116) $ 42,246 Non-credit related portion of other-than-temporary impairment on securities — — (11,319) Unrealized gains (losses) on derivative instruments 18,956 3,963 (638) Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations (8,227) (5,290) (5,221) Total accumulated other comprehensive (loss) income $ (209,037) $ (10,443) $ 25,068

Net Income Per Common Share (Ta

Net Income Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Basic and diluted net income per common share	Basic and diluted net income per common share calculations are as follows for the periods presented: Year Ended December 31, 2022 2021 2020 Basic Net income applicable to common stock $ 166,068 $ 175,892 $ 83,651 Average common shares outstanding 55,904,579 56,114,666 56,270,566 Net income per common share—basic $ 2.97 $ 3.13 $ 1.49 Diluted Net income applicable to common stock $ 166,068 $ 175,892 $ 83,651 Average common shares outstanding 55,904,579 56,114,666 56,270,566 Effect of dilutive stock-based compensation 309,651 309,818 197,599 Average common shares outstanding—diluted 56,214,230 56,424,484 56,468,165 Net income per common share—diluted $ 2.95 $ 3.12 $ 1.48
Schedule of antidilutive securities	Outstanding stock-based compensation awards that could potentially dilute basic net income per common share in the future that were not included in the computation of diluted net income per common share due to their anti-dilutive effect were as follows for the periods presented: Year Ended December 31, 2022 2021 2020 Number of shares 9,250 — 245,146

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2022
Banking and Thrift, Interest [Abstract]
Guidelines governing the classification of capital tiers	Those guidelines specify capital tiers, which include the following classifications (which include the “capital conservation buffer” discussed below): Capital Tiers Tier 1 Capital to Common Equity Tier 1 to Tier 1 Capital to Total Capital to Well capitalized 5% or above 6.5% or above 8% or above 10% or above Adequately capitalized 4% or above 4.5% or above 6% or above 8% or above Undercapitalized Less than 4% Less than 4.5% Less than 6% Less than 8% Significantly undercapitalized Less than 3% Less than 3% Less than 4% Less than 6% Critically undercapitalized Tangible Equity / Total Assets less than 2%
Capital and risk-based capital and leverage ratios	The following table provides the capital and risk-based capital and leverage ratios for the Company and for Renasant Bank as of December 31: 2022 2021 Amount Ratio Amount Ratio Renasant Corporation Tier 1 Capital to Average Assets (Leverage) $ 1,481,197 9.36 % $ 1,422,077 9.15 % Common Equity Tier 1 Capital to Risk-Weighted Assets 1,372,747 10.21 % 1,314,295 11.18 % Tier 1 Capital to Risk-Weighted Assets 1,481,197 11.01 % 1,422,077 12.10 % Total Capital to Risk-Weighted Assets 1,968,001 14.63 % 1,897,167 16.14 % Renasant Bank Tier 1 Capital to Average Assets (Leverage) $ 1,630,389 10.30 % $ 1,580,904 10.18 % Common Equity Tier 1 Capital to Risk-Weighted Assets 1,630,389 12.10 % 1,580,904 13.46 % Tier 1 Capital to Risk-Weighted Assets 1,630,389 12.10 % 1,580,904 13.46 % Total Capital to Risk-Weighted Assets 1,781,312 13.22 % 1,697,163 14.44 %

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Financial information for the company's operating segments	The following table provides financial information for the Company’s operating segments as of and for the years ended December 31, 2022, 2021 and 2020: Community Insurance Wealth Other Consolidated 2022 Net interest income $ 498,673 $ 619 $ 2,793 $ (20,787) $ 481,298 Provision for credit losses 23,788 — — — 23,788 Noninterest income 114,263 11,821 24,839 (1,670) 149,253 Noninterest expense 366,767 8,442 18,664 1,582 395,455 Income before income taxes 222,381 3,998 8,968 (24,039) 211,308 Income taxes 50,425 1,046 — (6,231) 45,240 Net income (loss) $ 171,956 $ 2,952 $ 8,968 $ (17,808) $ 166,068 Total assets $ 16,882,534 $ 37,567 $ 75,383 $ (7,308) $ 16,988,176 Goodwill 988,941 2,767 — — 991,708 2021 Net interest income $ 437,435 $ 454 $ 1,657 $ (15,545) $ 424,001 Recovery for credit losses (1,668) — — — (1,668) Noninterest income 195,214 11,370 22,185 (1,785) 226,984 Noninterest expense 404,066 8,060 16,475 1,225 429,826 Income before income taxes 230,251 3,764 7,367 (18,555) 222,827 Income taxes 50,749 981 — (4,795) 46,935 Net income (loss) $ 179,502 $ 2,783 $ 7,367 $ (13,760) $ 175,892 Total assets $ 16,694,710 $ 33,544 $ 65,015 $ 17,042 $ 16,810,311 Goodwill 936,916 2,767 — — 939,683 2020 Net interest income $ 437,101 $ 566 $ 1,658 $ (12,528) $ 426,797 Provision for credit losses 86,850 — — — 86,850 Noninterest income 208,721 10,403 18,061 (1,653) 235,532 Noninterest expense 448,475 7,751 14,940 822 471,988 Income before income taxes 110,497 3,218 4,779 (15,003) 103,491 Income taxes 22,892 837 — (3,889) 19,840 Net income (loss) $ 87,605 $ 2,381 $ 4,779 $ (11,114) $ 83,651 Total assets $ 14,814,726 $ 30,375 $ 71,266 $ 13,245 $ 14,929,612 Goodwill 936,916 2,767 — — 939,683

Renasant Corporation (Parent _2

Renasant Corporation (Parent Company Only) Condensed Financial Information (Tables)	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Balance Sheets	Balance Sheets December 31, 2022 2021 Assets Cash and cash equivalents (1) $ 167,727 $ 184,426 Investments — 2,009 Investment in bank subsidiary (2) 2,391,721 2,477,917 Accrued interest receivable on bank balances (2) 3 4 Other assets 28,468 28,751 Total assets $ 2,587,919 $ 2,693,107 Liabilities and shareholders’ equity Junior subordinated debentures $ 112,042 $ 111,373 Subordinated notes 316,091 359,419 Other liabilities 23,770 12,462 Shareholders’ equity 2,136,016 2,209,853 Total liabilities and shareholders’ equity $ 2,587,919 $ 2,693,107 (1) Eliminates in consolidation, with the exception of $1,889 and $1,857, in 2022 and 2021, respectively, pledged for collateral and held at non-subsidiary bank (2) Eliminates in consolidation
Statements of Income	Statements of Income Year Ended December 31, 2022 2021 2020 Income Dividends from bank subsidiary (1) $ 68,114 $ 80,965 $ 81,443 Interest income from bank subsidiary (1) 5 7 9 Other dividends 134 80 93 Other income 85 32 74 Total income 68,338 81,084 81,619 Expenses 24,264 18,661 15,179 Income before income tax benefit and equity in undistributed net income of bank subsidiary 44,074 62,423 66,440 Income tax benefit (6,231) (4,795) (3,889) Equity in undistributed net income of bank subsidiary (1) 115,763 108,674 13,322 Net income $ 166,068 $ 175,892 $ 83,651 (1) Eliminates in consolidation
Statements of Cash Flows	Statements of Cash Flows Year Ended December 31, 2022 2021 2020 Operating activities Net income $ 166,068 $ 175,892 $ 83,651 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed net income of bank subsidiary (115,763) (108,674) (13,322) Amortization/depreciation 1,478 891 692 Increase (decrease) in other assets 284 (5,628) (256) Increase in other liabilities 9,225 6,952 10,932 Net cash provided by operating activities 61,292 69,433 81,697 Investing activities Purchases of securities available for sale — — (6,104) Sales and maturities of securities and available for sale 2,000 5,100 541 Other investing activities — (100,000) — Net cash (used in) provided by investing activities 2,000 (94,900) (5,563) Financing activities Cash paid for dividends (49,991) (50,017) (50,134) Repurchase of shares in connection with stock repurchase program — (21,315) (24,569) Repayment of long-term debt (30,000) (45,000) — Proceeds from issuance of long-term debt — 197,061 98,266 Net cash (used in) provided by financing activities (79,991) 80,729 23,563 (Decrease) increase in cash and cash equivalents (16,699) 55,262 99,697 Cash and cash equivalents at beginning of year 184,426 129,164 29,467 Cash and cash equivalents at end of year $ 167,727 $ 184,426 $ 129,164

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Lessor, operating lease, payments to be received, maturity	The maturities of the lessor arrangements outstanding at December 31, 2022 is presented in the table below. 2023 $ 476 2024 810 2025 995 2026 1,254 2027 8,289 Thereafter 32,225 Total lease receivables $ 44,049
Lease cost	The table below provides the components of lease cost and supplemental information for the periods presented. Year ended December 31, 2022 2021 Operating lease cost (cost resulting from lease payments) $ 7,847 $ 8,868 Short-term lease cost 29 93 Variable lease cost (cost excluded from lease payments) 1,056 1,195 Sublease income (624) (658) Net lease cost $ 8,308 $ 9,498 Operating lease - operating cash flows (fixed payments) 9,528 8,666 Operating lease - operating cash flows (liability reduction) 7,789 6,640 Weighted average lease term - operating leases (in years) (at period end) 17.96 17.25 Weighted average discount rate - operating leases (at period end) 3.02 % 3.01 % Right-of-use assets obtained in exchange for new lease liabilities - operating leases $ 3,475 $ 8,142
Lessee, operating lease, liability, maturity	The maturities of the lessee arrangements outstanding at December 31, 2022 are presented in the table below. 2023 $ 7,342 2024 6,320 2025 5,207 2026 4,758 2027 4,156 Thereafter 48,292 Total undiscounted cash flows 76,075 Discount on cash flows 18,706 Total operating lease liabilities $ 57,369

Significant Accounting Polici_3

Significant Accounting Policies - Additional Information (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) lease_renewal_option	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Financing Receivable, Impaired [Line Items]
Date of discontinued recognition of interest on mortgage and commercial loans	90 days
Consumer and other retail loan due date	120 days
Interest receivable	$ 49,850,000	$ 41,692,000
Allowance for credit losses on interest deferred	$ 1,248,000	$ 1,273,000
Minimum duration for past due residential loans to be considered as nonperforming	90 days	90 days
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Property, Plant and Equipment, Net	Property, Plant and Equipment, Net
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other liabilities	Other liabilities
Number of renewal options (1 or more) | lease_renewal_option	1
Impairment of company's goodwill	$ 0	$ 0	$ 0
Lock in period for interest rates	45 days
Premises
Financing Receivable, Impaired [Line Items]
Estimated life (in years)	40 years
Minimum
Financing Receivable, Impaired [Line Items]
Renewal term	1 year
Minimum | Furniture and equipment
Financing Receivable, Impaired [Line Items]
Estimated life (in years)	3 years
Minimum | Computer equipment
Financing Receivable, Impaired [Line Items]
Estimated life (in years)	3 years
Minimum | Lease financing
Financing Receivable, Impaired [Line Items]
Maturity term	2 years
Minimum | Residential | Real estate – construction:
Financing Receivable, Impaired [Line Items]
Maturity term	6 months
Minimum | Commercial | Real estate – construction:
Financing Receivable, Impaired [Line Items]
Maturity term	24 months
Maximum
Financing Receivable, Impaired [Line Items]
Renewal term	20 years
Maximum | Furniture and equipment
Financing Receivable, Impaired [Line Items]
Estimated life (in years)	7 years
Maximum | Computer equipment
Financing Receivable, Impaired [Line Items]
Estimated life (in years)	5 years
Maximum | Lease financing
Financing Receivable, Impaired [Line Items]
Maturity term	5 years
Maximum | Residential | Real estate – construction:
Financing Receivable, Impaired [Line Items]
Maturity term	12 months
Maximum | Commercial | Real estate – construction:
Financing Receivable, Impaired [Line Items]
Maturity term	36 months

Securities - Amortized Cost and

Securities - Amortized Cost and Fair Value, Available for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Cash and Cash Equivalents [Line Items]
Amortized Cost	$ 1,735,000	$ 2,400,956
Gross Unrealized Gains	241	16,120
Gross Unrealized Losses	(201,299)	(31,024)
Fair Value	1,533,942	2,386,052
Obligations of other U.S. Government agencies and corporations
Cash and Cash Equivalents [Line Items]
Amortized Cost	170,000
Gross Unrealized Gains	0
Gross Unrealized Losses	(5,340)
Fair Value	164,660
Obligations of states and political subdivisions
Cash and Cash Equivalents [Line Items]
Amortized Cost	154,066	153,847
Gross Unrealized Gains	204	5,532
Gross Unrealized Losses	(9,368)	(269)
Fair Value	144,902	159,110
Other debt securities
Cash and Cash Equivalents [Line Items]
Amortized Cost	74,885	36,515
Gross Unrealized Gains	0	1,097
Gross Unrealized Losses	(4,049)	(148)
Fair Value	70,836	37,464
U.S. Treasury securities
Cash and Cash Equivalents [Line Items]
Amortized Cost		3,007
Gross Unrealized Gains		3
Gross Unrealized Losses		0
Fair Value		3,010
Government agency mortgage backed securities | Residential mortgage backed securities:
Cash and Cash Equivalents [Line Items]
Amortized Cost	508,415	967,497
Gross Unrealized Gains	37	7,854
Gross Unrealized Losses	(52,036)	(6,816)
Fair Value	456,416	968,535
Government agency mortgage backed securities | Commercial mortgage backed securities:
Cash and Cash Equivalents [Line Items]
Amortized Cost	11,166	14,717
Gross Unrealized Gains	0	365
Gross Unrealized Losses	(1,053)	(1)
Fair Value	10,113	15,081
Government agency collateralized mortgage obligations | Residential mortgage backed securities:
Cash and Cash Equivalents [Line Items]
Amortized Cost	605,033	1,008,514
Gross Unrealized Gains	0	457
Gross Unrealized Losses	(103,864)	(20,371)
Fair Value	501,169	988,600
Government agency collateralized mortgage obligations | Commercial mortgage backed securities:
Cash and Cash Equivalents [Line Items]
Amortized Cost	211,435	216,859
Gross Unrealized Gains	0	812
Gross Unrealized Losses	(25,589)	(3,419)
Fair Value	$ 185,846	$ 214,252

Securities - Amortized Cost a_2

Securities - Amortized Cost and Fair Value, Held to Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 1,324,072	$ 416,389
Gross Unrealized Gains	17	334
Gross Unrealized Losses	(117,549)	(1,171)
Fair Value	1,206,540	415,552
Allowance for credit losses - held to maturity securities	(32)	(32)
Held-to-maturity securities, net of allowance for credit losses	1,324,040	416,357
Obligations of states and political subdivisions
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	291,886	267,641
Gross Unrealized Gains	17	333
Gross Unrealized Losses	(48,325)	(685)
Fair Value	243,578	267,289
Residential mortgage backed securities:
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	423,315	24,832
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(30,706)	(92)
Fair Value	392,609	24,740
Other debt securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	62,875	22,049
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(4,266)	(79)
Fair Value	58,609	21,970
Government agency mortgage backed securities | Residential mortgage backed securities:
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	483,560	60,507
Gross Unrealized Gains	0	1
Gross Unrealized Losses	(24,432)	(198)
Fair Value	459,128	60,310
Government agency mortgage backed securities | Commercial mortgage backed securities:
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	17,006	1,855
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(3,261)	0
Fair Value	13,745	1,855
Government agency collateralized mortgage obligations | Commercial mortgage backed securities:
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	45,430	39,505
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(6,559)	(117)
Fair Value	$ 38,871	$ 39,388

Securities - Additional Informa

Securities - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Debt securities, available for sale portfolio to the held to maturity portfolio	$ 882,927,000
Debt and equity securities, unrealized loss	99,675,000
Unrealized loss, operating, after tax	74,307,000
Gain (loss) recognized for transfer of Available for sale securities	0
Net Proceeds	0	$ 176,455,000	$ 44,906,000
Allowance for credit losses - held to maturity securities	$ 32,000	32,000
Amortized cost of debt securities held to maturity rated A or higher by rating agencies (percent)	99.99%
Secure government, public and trust deposits
Debt Securities, Available-for-sale [Line Items]
Available for sale securities pledged as collateral	$ 824,417,000	607,681,000
Short-term borrowings
Debt Securities, Available-for-sale [Line Items]
Available for sale securities pledged as collateral	$ 18,184,000	$ 21,493,000

Securities - Securities Sold (D

Securities - Securities Sold (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Carrying Value		$ 174,285,000	$ 44,860,000
Net Proceeds	$ 0	176,455,000	44,906,000
Gain/(Loss)		2,170,000	46,000
Obligations of states and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Carrying Value		47,000	2,696,000
Net Proceeds		49,000	2,561,000
Gain/(Loss)		2,000	(135,000)
Residential mortgage backed securities: | Government agency mortgage backed securities
Debt Securities, Available-for-sale [Line Items]
Carrying Value		145,572,000	16,093,000
Net Proceeds		149,473,000	16,294,000
Gain/(Loss)		3,901,000	201,000
Residential mortgage backed securities: | Government agency collateralized mortgage obligations
Debt Securities, Available-for-sale [Line Items]
Carrying Value		12,362,000	26,071,000
Net Proceeds		12,562,000	26,051,000
Gain/(Loss)		200,000	$ (20,000)
Trust preferred securities
Debt Securities, Available-for-sale [Line Items]
Carrying Value		12,021,000
Net Proceeds		9,961,000
Gain/(Loss)		(2,060,000)
Other debt securities
Debt Securities, Available-for-sale [Line Items]
Carrying Value		4,283,000
Net Proceeds		4,410,000
Gain/(Loss)		$ 127,000

Securities - Gross Realized Gai

Securities - Gross Realized Gains and Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Gross gains on sales of securities available for sale	$ 4,322	$ 230
Gross losses on sales of securities available for sale	(2,152)	(184)
Gains on sales of securities available for sale, net	$ 2,170	$ 46

Securities - Contractual Maturi

Securities - Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Amortized Cost
Due within one year	$ 150
Due after one year through five years	3,351
Due after five years through ten years	53,650
Due after ten years	234,720
Amortized Cost	1,324,072	$ 416,389
Fair Value
Due within one year	149
Due after one year through five years	3,162
Due after five years through ten years	46,253
Due after ten years	194,000
Fair Value	1,206,540	415,552
Amortized Cost
Due within one year	9,393
Due after one year through five years	228,812
Due after five years through ten years	75,549
Due after ten years	75,078
Amortized Cost	1,735,000	2,400,956
Fair Value
Due within one year	9,377
Due after one year through five years	222,940
Due after five years through ten years	71,029
Due after ten years	67,926
Fair Value	1,533,942	2,386,052
Residential mortgage backed securities:
Amortized Cost
Amortized Cost	423,315	24,832
Fair Value
Fair Value	392,609	24,740
Other debt securities
Amortized Cost
Without single maturity date, amortized cost	62,890
Amortized Cost	62,875	22,049
Fair Value
Without single maturity date, fair value	58,623
Fair Value	58,609	21,970
Amortized Cost
Without single maturity date, amortized cost	10,119
Amortized Cost	74,885	36,515
Fair Value
Without single maturity date, fair value	9,126
Fair Value	70,836	37,464
Government agency mortgage backed securities | Residential mortgage backed securities:
Amortized Cost
Without single maturity date, amortized cost	483,560
Amortized Cost	483,560	60,507
Fair Value
Without single maturity date, fair value	459,128
Fair Value	459,128	60,310
Amortized Cost
Without single maturity date, amortized cost	508,415
Amortized Cost	508,415	967,497
Fair Value
Without single maturity date, fair value	456,416
Fair Value	456,416	968,535
Government agency mortgage backed securities | Commercial mortgage backed securities:
Amortized Cost
Without single maturity date, amortized cost	17,006
Amortized Cost	17,006	1,855
Fair Value
Without single maturity date, fair value	13,745
Fair Value	13,745	1,855
Amortized Cost
Without single maturity date, amortized cost	11,166
Amortized Cost	11,166	14,717
Fair Value
Without single maturity date, fair value	10,113
Fair Value	10,113	15,081
Government agency collateralized mortgage obligations | Residential mortgage backed securities:
Amortized Cost
Without single maturity date, amortized cost	423,315
Fair Value
Without single maturity date, fair value	392,609
Amortized Cost
Without single maturity date, amortized cost	605,033
Amortized Cost	605,033	1,008,514
Fair Value
Without single maturity date, fair value	501,169
Fair Value	501,169	988,600
Government agency collateralized mortgage obligations | Commercial mortgage backed securities:
Amortized Cost
Without single maturity date, amortized cost	45,430
Amortized Cost	45,430	39,505
Fair Value
Without single maturity date, fair value	38,871
Fair Value	38,871	39,388
Amortized Cost
Without single maturity date, amortized cost	211,435
Amortized Cost	211,435	216,859
Fair Value
Without single maturity date, fair value	185,846
Fair Value	$ 185,846	$ 214,252

Securities - Gross Unrealized L

Securities - Gross Unrealized Losses and Fair Value by Investment Category (Details) $ in Thousands	Dec. 31, 2022 USD ($) security	Dec. 31, 2021 USD ($) security
Available for Sale:
Number of positions, Less than 12 Months | security	247	121
Fair Value, Less than 12 Months	$ 726,431	$ 1,899,384
Unrealized Losses, Less than 12 Months	$ (41,924)	$ (30,120)
Number of positions, 12 Months or More | security	98	7
Fair Value, 12 Months or More	$ 788,657	$ 25,634
Unrealized Losses, 12 Months or More	$ (159,375)	$ (904)
Number of positions | security	345	128
Fair Value	$ 1,515,088	$ 1,925,018
Unrealized Losses	$ (201,299)	$ (31,024)
Held to Maturity:
Number of positions, Less than 12 Months | security	122	90
Fair Value, Less than 12 Months	$ 448,575	$ 201,791
Unrealized Losses, Less than 12 Months	$ (51,435)	$ (1,154)
Number of positions, 12 Months or More | security	115	1
Fair Value, 12 Months or More	$ 755,527	$ 5,354
Unrealized Losses, 12 Months or More	$ (66,112)	$ (17)
Number of positions | security	237	91
Fair Value	$ 1,204,102	$ 207,145
Unrealized Losses	$ (117,547)	$ (1,171)
Obligations of other U.S. Government agencies and corporations
Available for Sale:
Number of positions, Less than 12 Months | security	5
Fair Value, Less than 12 Months	$ 164,660
Unrealized Losses, Less than 12 Months	$ (5,340)
Number of positions, 12 Months or More | security	0
Fair Value, 12 Months or More	$ 0
Unrealized Losses, 12 Months or More	$ 0
Number of positions | security	5
Fair Value	$ 164,660
Unrealized Losses	$ (5,340)
Obligations of states and political subdivisions
Available for Sale:
Number of positions, Less than 12 Months | security	84	8
Fair Value, Less than 12 Months	$ 96,939	$ 34,303
Unrealized Losses, Less than 12 Months	$ (4,869)	$ (216)
Number of positions, 12 Months or More | security	11	3
Fair Value, 12 Months or More	$ 33,038	$ 3,892
Unrealized Losses, 12 Months or More	$ (4,499)	$ (53)
Number of positions | security	95	11
Fair Value	$ 129,977	$ 38,195
Unrealized Losses	$ (9,368)	$ (269)
Held to Maturity:
Number of positions, Less than 12 Months | security	105	24
Fair Value, Less than 12 Months	$ 191,442	$ 62,131
Unrealized Losses, Less than 12 Months	$ (35,870)	$ (685)
Number of positions, 12 Months or More | security	24	0
Fair Value, 12 Months or More	$ 49,697	$ 0
Unrealized Losses, 12 Months or More	$ (12,454)	$ 0
Number of positions | security	129	24
Fair Value	$ 241,139	$ 62,131
Unrealized Losses	$ (48,324)	$ (685)
Other debt securities
Available for Sale:
Number of positions, Less than 12 Months | security	25	1
Fair Value, Less than 12 Months	$ 63,423	$ 8,699
Unrealized Losses, Less than 12 Months	$ (3,167)	$ (148)
Number of positions, 12 Months or More | security	1	0
Fair Value, 12 Months or More	$ 7,412	$ 0
Unrealized Losses, 12 Months or More	$ (883)	$ 0
Number of positions | security	26	1
Fair Value	$ 70,835	$ 8,699
Unrealized Losses	$ (4,050)	$ (148)
Held to Maturity:
Number of positions, Less than 12 Months | security	2	8
Fair Value, Less than 12 Months	$ 42,567	$ 21,972
Unrealized Losses, Less than 12 Months	$ (2,013)	$ (79)
Number of positions, 12 Months or More | security	8	0
Fair Value, 12 Months or More	$ 16,042	$ 0
Unrealized Losses, 12 Months or More	$ (2,253)	$ 0
Number of positions | security	10	8
Fair Value	$ 58,609	$ 21,972
Unrealized Losses	$ (4,266)	$ (79)
Government agency mortgage backed securities | Residential mortgage backed securities:
Available for Sale:
Number of positions, Less than 12 Months | security	97	41
Fair Value, Less than 12 Months	$ 214,516	$ 727,546
Unrealized Losses, Less than 12 Months	$ (15,115)	$ (6,312)
Number of positions, 12 Months or More | security	29	1
Fair Value, 12 Months or More	$ 237,970	$ 12,305
Unrealized Losses, 12 Months or More	$ (36,921)	$ (504)
Number of positions | security	126	42
Fair Value	$ 452,486	$ 739,851
Unrealized Losses	$ (52,036)	$ (6,816)
Held to Maturity:
Number of positions, Less than 12 Months | security	8	50
Fair Value, Less than 12 Months	$ 94,258	$ 53,560
Unrealized Losses, Less than 12 Months	$ (4,186)	$ (181)
Number of positions, 12 Months or More | security	62	1
Fair Value, 12 Months or More	$ 364,870	$ 5,354
Unrealized Losses, 12 Months or More	$ (20,246)	$ (17)
Number of positions | security	70	51
Fair Value	$ 459,128	$ 58,914
Unrealized Losses	$ (24,432)	$ (198)
Government agency mortgage backed securities | Commercial mortgage backed securities:
Available for Sale:
Number of positions, Less than 12 Months | security	4	1
Fair Value, Less than 12 Months	$ 10,114	$ 1,791
Unrealized Losses, Less than 12 Months	$ (1,053)	$ (1)
Number of positions, 12 Months or More | security	0	1
Fair Value, 12 Months or More	$ 0	$ 432
Unrealized Losses, 12 Months or More	$ 0	$ 0
Number of positions | security	4	2
Fair Value	$ 10,114	$ 2,223
Unrealized Losses	$ (1,053)	$ (1)
Held to Maturity:
Number of positions, Less than 12 Months | security	1
Fair Value, Less than 12 Months	$ 13,745
Unrealized Losses, Less than 12 Months	$ (3,261)
Number of positions, 12 Months or More | security	0
Fair Value, 12 Months or More	$ 0
Unrealized Losses, 12 Months or More	$ 0
Number of positions | security	1
Fair Value	$ 13,745
Unrealized Losses	$ (3,261)
Government agency collateralized mortgage obligations | Residential mortgage backed securities:
Available for Sale:
Number of positions, Less than 12 Months | security	16	49
Fair Value, Less than 12 Months	$ 109,753	$ 966,126
Unrealized Losses, Less than 12 Months	$ (8,552)	$ (20,371)
Number of positions, 12 Months or More | security	36	0
Fair Value, 12 Months or More	$ 391,416	$ 0
Unrealized Losses, 12 Months or More	$ (95,312)	$ 0
Number of positions | security	52	49
Fair Value	$ 501,169	$ 966,126
Unrealized Losses	$ (103,864)	$ (20,371)
Held to Maturity:
Number of positions, Less than 12 Months | security	4	1
Fair Value, Less than 12 Months	$ 98,912	$ 24,740
Unrealized Losses, Less than 12 Months	$ (5,479)	$ (92)
Number of positions, 12 Months or More | security	14	0
Fair Value, 12 Months or More	$ 293,698	$ 0
Unrealized Losses, 12 Months or More	$ (25,227)	$ 0
Number of positions | security	18	1
Fair Value	$ 392,610	$ 24,740
Unrealized Losses	$ (30,706)	$ (92)
Government agency collateralized mortgage obligations | Commercial mortgage backed securities:
Available for Sale:
Number of positions, Less than 12 Months | security	16	21
Fair Value, Less than 12 Months	$ 67,026	$ 160,919
Unrealized Losses, Less than 12 Months	$ (3,828)	$ (3,072)
Number of positions, 12 Months or More | security	21	2
Fair Value, 12 Months or More	$ 118,821	$ 9,005
Unrealized Losses, 12 Months or More	$ (21,760)	$ (347)
Number of positions | security	37	23
Fair Value	$ 185,847	$ 169,924
Unrealized Losses	$ (25,588)	$ (3,419)
Held to Maturity:
Number of positions, Less than 12 Months | security	2	7
Fair Value, Less than 12 Months	$ 7,651	$ 39,388
Unrealized Losses, Less than 12 Months	$ (626)	$ (117)
Number of positions, 12 Months or More | security	7	0
Fair Value, 12 Months or More	$ 31,220	$ 0
Unrealized Losses, 12 Months or More	$ (5,932)	$ 0
Number of positions | security	9	7
Fair Value	$ 38,871	$ 39,388
Unrealized Losses	$ (6,558)	$ (117)

Loans - Summary of Loans and Le

Loans - Summary of Loans and Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Summary of loans
Gross loans	$ 11,585,458	$ 10,024,981
Unearned income	(7,154)	(4,067)
Loans, net of unearned income	11,578,304	10,020,914
Commercial, financial, agricultural
Summary of loans
Gross loans	1,673,883	1,423,270
Loans, net of unearned income	1,673,883	1,423,270
Lease financing
Summary of loans
Gross loans	122,167	80,192
Loans, net of unearned income	115,013	76,125
Real estate – construction:
Summary of loans
Gross loans	1,330,337	1,104,896
Loans, net of unearned income	1,330,337	1,104,896
Real estate – construction: | Residential
Summary of loans
Gross loans	355,500	302,275
Real estate – construction: | Commercial
Summary of loans
Gross loans	974,837	802,621
Real estate – 1-4 family mortgage:
Summary of loans
Gross loans	3,216,263	2,724,246
Loans, net of unearned income	3,216,263	2,724,246
Real estate – 1-4 family mortgage: | Primary
Summary of loans
Gross loans	2,222,856	1,816,120
Real estate – 1-4 family mortgage: | Home equity
Summary of loans
Gross loans	501,906	474,604
Real estate – 1-4 family mortgage: | Rental/investment
Summary of loans
Gross loans	334,382	288,474
Real estate – 1-4 family mortgage: | Land development
Summary of loans
Gross loans	157,119	145,048
Real estate – 1-4 family mortgage: | Land development
Summary of loans
Gross loans	157,119	145,048
Real estate – commercial mortgage:
Summary of loans
Gross loans	5,118,063	4,549,037
Loans, net of unearned income	5,118,063	4,549,037
Real estate – commercial mortgage: | Owner-occupied
Summary of loans
Gross loans	1,539,296	1,563,351
Real estate – commercial mortgage: | Non-owner occupied
Summary of loans
Gross loans	3,452,910	2,856,947
Real estate – commercial mortgage: | Land development
Summary of loans
Gross loans	125,857	128,739
Installment loans to individuals
Summary of loans
Gross loans	124,745	143,340
Loans, net of unearned income	$ 124,745	$ 143,340

Loans - Aging of Past Due and N

Loans - Aging of Past Due and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 11,585,458	$ 10,024,981
Unearned income	(7,154)	(4,067)
Loans, net of unearned income	11,578,304	10,020,914
Commercial, financial, agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,673,883	1,423,270
Loans, net of unearned income	1,673,883	1,423,270
Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	122,167	80,192
Loans, net of unearned income	115,013	76,125
Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,330,337	1,104,896
Loans, net of unearned income	1,330,337	1,104,896
Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	3,216,263	2,724,246
Loans, net of unearned income	3,216,263	2,724,246
Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	5,118,063	4,549,037
Loans, net of unearned income	5,118,063	4,549,037
Installment loans to individuals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	124,745	143,340
Loans, net of unearned income	124,745	143,340
Accruing Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unearned income	(7,154)	(4,067)
Loans, net of unearned income	11,521,759	9,971,550
Accruing Loans | Commercial, financial, agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,661,409	1,410,242
Accruing Loans | Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	122,167	80,181
Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,330,260	1,104,896
Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	3,183,220	2,702,012
Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	5,107,370	4,535,441
Accruing Loans | Installment loans to individuals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	124,487	142,845
Nonaccruing Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	56,545	49,364
Nonaccruing Loans | Commercial, financial, agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	12,474	13,028
Nonaccruing Loans | Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	11
Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	77	0
Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	33,043	22,234
Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	10,693	13,596
Nonaccruing Loans | Installment loans to individuals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	258	495
30-89 Days Past Due | Accruing Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	58,703	27,604
30-89 Days Past Due | Accruing Loans | Commercial, financial, agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,303	3,447
30-89 Days Past Due | Accruing Loans | Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
30-89 Days Past Due | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	8,574	1,077
30-89 Days Past Due | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	34,468	18,296
30-89 Days Past Due | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	12,357	2,967
30-89 Days Past Due | Accruing Loans | Installment loans to individuals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,001	1,817
30-89 Days Past Due | Nonaccruing Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	13,386	4,304
30-89 Days Past Due | Nonaccruing Loans | Commercial, financial, agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	18	1,711
30-89 Days Past Due | Nonaccruing Loans | Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
30-89 Days Past Due | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
30-89 Days Past Due | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	6,531	2,385
30-89 Days Past Due | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	6,799	163
30-89 Days Past Due | Nonaccruing Loans | Installment loans to individuals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	38	45
90 Days or More Past Due | Accruing Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	331	1,441
90 Days or More Past Due | Accruing Loans | Commercial, financial, agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	69	103
90 Days or More Past Due | Accruing Loans | Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
90 Days or More Past Due | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
90 Days or More Past Due | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	38	870
90 Days or More Past Due | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	219	448
90 Days or More Past Due | Accruing Loans | Installment loans to individuals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	5	20
90 Days or More Past Due | Nonaccruing Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	18,381	17,978
90 Days or More Past Due | Nonaccruing Loans | Commercial, financial, agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,373	4,283
90 Days or More Past Due | Nonaccruing Loans | Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	11
90 Days or More Past Due | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
90 Days or More Past Due | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	13,624	12,175
90 Days or More Past Due | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,284	1,403
90 Days or More Past Due | Nonaccruing Loans | Installment loans to individuals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	100	106
Current Loans | Accruing Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unearned income	(7,154)	(4,067)
Loans, net of unearned income	11,462,725	9,942,505
Current Loans | Accruing Loans | Commercial, financial, agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,660,037	1,406,692
Current Loans | Accruing Loans | Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	122,167	80,181
Current Loans | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,321,686	1,103,819
Current Loans | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	3,148,714	2,682,846
Current Loans | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	5,094,794	4,532,026
Current Loans | Accruing Loans | Installment loans to individuals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	122,481	141,008
Current Loans | Nonaccruing Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	24,778	27,082
Current Loans | Nonaccruing Loans | Commercial, financial, agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	10,083	7,034
Current Loans | Nonaccruing Loans | Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Current Loans | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	77	0
Current Loans | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	12,888	7,674
Current Loans | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,610	12,030
Current Loans | Nonaccruing Loans | Installment loans to individuals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	120	344
Primary | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,222,856	1,816,120
Primary | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,192,780	1,797,012
Primary | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	30,076	19,108
Primary | 30-89 Days Past Due | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	28,198	15,827
Primary | 30-89 Days Past Due | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	6,015	2,177
Primary | 90 Days or More Past Due | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	425
Primary | 90 Days or More Past Due | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	12,503	10,420
Primary | Current Loans | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,164,582	1,780,760
Primary | Current Loans | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	11,558	6,511
Home equity | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	501,906	474,604
Home equity | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	499,997	472,885
Home equity | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,909	1,719
Home equity | 30-89 Days Past Due | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	5,376	1,617
Home equity | 30-89 Days Past Due | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	450	182
Home equity | 90 Days or More Past Due | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Home equity | 90 Days or More Past Due | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	754	919
Home equity | Current Loans | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	494,621	471,268
Home equity | Current Loans | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	705	618
Rental/Investment | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	334,382	288,474
Rental/Investment | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	333,406	287,324
Rental/Investment | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	976	1,150
Rental/Investment | 30-89 Days Past Due | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	720	421
Rental/Investment | 30-89 Days Past Due | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	20	26
Rental/Investment | 90 Days or More Past Due | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	38	445
Rental/Investment | 90 Days or More Past Due | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	331	771
Rental/Investment | Current Loans | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	332,648	286,458
Rental/Investment | Current Loans | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	625	353
Land development | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	157,119	145,048
Land development | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	125,857	128,739
Land development | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	157,037	144,791
Land development | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	125,786	128,269
Land development | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	82	257
Land development | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	71	470
Land development | 30-89 Days Past Due | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	174	431
Land development | 30-89 Days Past Due | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	279	476
Land development | 30-89 Days Past Due | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	46	0
Land development | 30-89 Days Past Due | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Land development | 90 Days or More Past Due | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Land development | 90 Days or More Past Due | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Land development | 90 Days or More Past Due | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	36	65
Land development | 90 Days or More Past Due | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	40	292
Land development | Current Loans | Accruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	156,863	144,360
Land development | Current Loans | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	125,507	127,793
Land development | Current Loans | Nonaccruing Loans | Real estate – 1-4 family mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	192
Land development | Current Loans | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	31	178
Owner-occupied | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,539,296	1,563,351
Owner-occupied | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,534,016	1,558,671
Owner-occupied | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	5,280	4,680
Owner-occupied | 30-89 Days Past Due | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	8,557	2,231
Owner-occupied | 30-89 Days Past Due | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,495	163
Owner-occupied | 90 Days or More Past Due | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	219	359
Owner-occupied | 90 Days or More Past Due | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,244	1,111
Owner-occupied | Current Loans | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,525,240	1,556,081
Owner-occupied | Current Loans | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,541	3,406
Non-owner occupied | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	3,452,910	2,856,947
Non-owner occupied | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	3,447,568	2,848,501
Non-owner occupied | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	5,342	8,446
Non-owner occupied | 30-89 Days Past Due | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	3,521	260
Non-owner occupied | 30-89 Days Past Due | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	5,304	0
Non-owner occupied | 90 Days or More Past Due | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	89
Non-owner occupied | 90 Days or More Past Due | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Non-owner occupied | Current Loans | Accruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	3,444,047	2,848,152
Non-owner occupied | Current Loans | Nonaccruing Loans | Real estate – commercial mortgage:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	38	8,446
Residential | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	355,500	302,275
Residential | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	355,423	302,275
Residential | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	77	0
Residential | 30-89 Days Past Due | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	49	1,077
Residential | 30-89 Days Past Due | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Residential | 90 Days or More Past Due | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Residential | 90 Days or More Past Due | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Residential | Current Loans | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	355,374	301,198
Residential | Current Loans | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	77	0
Commercial | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	974,837	802,621
Commercial | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	974,837	802,621
Commercial | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Commercial | 30-89 Days Past Due | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	8,525	0
Commercial | 30-89 Days Past Due | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Commercial | 90 Days or More Past Due | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Commercial | 90 Days or More Past Due | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	0	0
Commercial | Current Loans | Accruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	966,312	802,621
Commercial | Current Loans | Nonaccruing Loans | Real estate – construction:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 0	$ 0

Loans - Narrative (Details)

Loans - Narrative (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) risk-ratingGrade loan	Dec. 31, 2021 USD ($) loan	Dec. 31, 2020 USD ($)
Loans and Allowance for Loan Losses (Additional Textual) [Abstract]
Number of restructured loans | loan	0	1,000
Restructured loans discontinued past due period	90 days	90 days
Outstanding balance of restructured loans	$ 11,386,214,000	$ 9,856,743,000
Modifications, recorded investment	22,624,000	20,259,000	$ 20,448,000
Modifications, subsequent default, recorded investment	491,000	117,000	522,000
Allowance for credit losses on interest deferred	192,090,000	164,171,000	$ 176,144,000
Remaining availability under commitments to lend additional funds on restructured loans	0	307,000
Unfunded commitment	7,387,000	10,471,000
Acquisition, at fair value	$ 105,610,000
Special Mention
Loans and Allowance for Loan Losses (Additional Textual) [Abstract]
Financing receivable, credit quality risk rating grade | risk-ratingGrade	70
Minimum | Internal Investment Grade
Loans and Allowance for Loan Losses (Additional Textual) [Abstract]
Financing receivable, credit quality risk rating grade | risk-ratingGrade	10
Minimum | Pass
Loans and Allowance for Loan Losses (Additional Textual) [Abstract]
Financing receivable, credit quality risk rating grade | risk-ratingGrade	10
Minimum | Substandard
Loans and Allowance for Loan Losses (Additional Textual) [Abstract]
Financing receivable, credit quality risk rating grade | risk-ratingGrade	80
Maximum | Internal Investment Grade
Loans and Allowance for Loan Losses (Additional Textual) [Abstract]
Financing receivable, credit quality risk rating grade | risk-ratingGrade	95
Maximum | Pass
Loans and Allowance for Loan Losses (Additional Textual) [Abstract]
Financing receivable, credit quality risk rating grade | risk-ratingGrade	60
Maximum | Substandard
Loans and Allowance for Loan Losses (Additional Textual) [Abstract]
Financing receivable, credit quality risk rating grade | risk-ratingGrade	95
Nonaccruing Loans
Loans and Allowance for Loan Losses (Additional Textual) [Abstract]
Outstanding balance of restructured loans		36,000
Restructured Loans
Loans and Allowance for Loan Losses (Additional Textual) [Abstract]
Outstanding balance of restructured loans	$ 20,765,000	25,702,000
Allowance for credit losses on interest deferred	$ 625,000	$ 389,000

Loans - Impact of Modifications

Loans - Impact of Modifications Classified as Restructured Loans (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan	Dec. 31, 2020 USD ($) loan
Restructured loans
Number of Loans | loan	26	45	51
Pre-Modification Outstanding Amortized Cost	$ 10,018	$ 12,291	$ 14,302
Post-Modification Outstanding Amortized Cost	$ 10,040	$ 12,311	$ 14,011
Commercial, financial, agricultural
Restructured loans
Number of Loans | loan	1	8	8
Pre-Modification Outstanding Amortized Cost	$ 113	$ 5,393	$ 2,891
Post-Modification Outstanding Amortized Cost	$ 114	$ 5,393	$ 2,890
Real estate – 1-4 family mortgage:
Restructured loans
Number of Loans | loan	23		28
Pre-Modification Outstanding Amortized Cost	$ 3,159		$ 4,229
Post-Modification Outstanding Amortized Cost	$ 3,180		$ 4,255
Real estate – 1-4 family mortgage: | Primary
Restructured loans
Number of Loans | loan	20	36	24
Pre-Modification Outstanding Amortized Cost	$ 3,061	$ 6,061	$ 3,928
Post-Modification Outstanding Amortized Cost	$ 3,086	$ 6,108	$ 3,886
Real estate – 1-4 family mortgage: | Home equity
Restructured loans
Number of Loans | loan			1
Pre-Modification Outstanding Amortized Cost			$ 159
Post-Modification Outstanding Amortized Cost			$ 162
Real estate – 1-4 family mortgage: | Rental/investment
Restructured loans
Number of Loans | loan			3
Pre-Modification Outstanding Amortized Cost			$ 142
Post-Modification Outstanding Amortized Cost			$ 207
Real estate – 1-4 family mortgage: | Land development
Restructured loans
Number of Loans | loan	3
Pre-Modification Outstanding Amortized Cost	$ 98
Post-Modification Outstanding Amortized Cost	$ 94
Real estate – commercial mortgage:
Restructured loans
Number of Loans | loan	2		12
Pre-Modification Outstanding Amortized Cost	$ 6,746		$ 7,133
Post-Modification Outstanding Amortized Cost	$ 6,746		$ 6,826
Real estate – commercial mortgage: | Land development
Restructured loans
Number of Loans | loan			1
Pre-Modification Outstanding Amortized Cost			$ 189
Post-Modification Outstanding Amortized Cost			$ 189
Real estate – commercial mortgage: | Owner-occupied
Restructured loans
Number of Loans | loan	1		8
Pre-Modification Outstanding Amortized Cost	$ 246		$ 6,192
Post-Modification Outstanding Amortized Cost	$ 246		$ 5,883
Real estate – commercial mortgage: | Non-owner occupied
Restructured loans
Number of Loans | loan	1	1	3
Pre-Modification Outstanding Amortized Cost	$ 6,500	$ 837	$ 752
Post-Modification Outstanding Amortized Cost	$ 6,500	$ 810	$ 754
Installment loans to individuals
Restructured loans
Number of Loans | loan			3
Pre-Modification Outstanding Amortized Cost			$ 49
Post-Modification Outstanding Amortized Cost			$ 40

Loans - Changes in Restructured

Loans - Changes in Restructured Loans (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan
Number of Loans
Total, beginning balance | loan	135	124
Additional loans with concessions | loan	24	45
Reclassified as performing | loan	12	6
Reductions due to:
Reclassified as nonperforming | loan	(28)	(18)
Paid in full | loan	(23)	(21)
Charge-offs | loan		(1)
Principal paydowns | loan	0	0
Total, ending balance | loan	120	135
Amortized Cost
Beginning balance | $	$ 20,259	$ 20,448
Additional loans with concessions | $	10,332	12,639
Reclassified as performing | $	5,326	366
Reductions due to:
Reclassified as nonperforming | $	(7,411)	(4,390)
Paid in full | $	(4,758)	(7,586)
Charge-offs | $		(205)
Principal paydowns | $	(1,124)	(1,013)
Ending balance | $	$ 22,624	$ 20,259

Loans - Loan Portfolio by Risk-

Loans - Loan Portfolio by Risk-Rating Grades (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loan portfolio by risk-rating grades
Loans, net of unearned income	$ 11,578,304	$ 10,020,914
Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	2,974,780	2,135,373
Prior year	1,846,162	1,537,221
Two year prior	1,032,769	1,038,630
Three year prior	638,429	506,949
Four year prior	333,503	480,650
Prior	890,597	927,380
Revolving Loans	879,404	780,093
Revolving Loans Converted to Term	30,357	43,621
Loans, net of unearned income	8,626,001	7,449,917
Pass
Loan portfolio by risk-rating grades
Current year	2,945,114	2,120,941
Prior year	1,831,620	1,524,037
Two year prior	1,025,563	1,020,225
Three year prior	608,367	478,064
Four year prior	305,463	410,870
Prior	777,311	835,800
Revolving Loans	859,244	774,701
Revolving Loans Converted to Term	19,242	30,620
Loans, net of unearned income	8,371,924	7,195,258
Special Mention
Loan portfolio by risk-rating grades
Current year	12,328	12,885
Prior year	3,087	10,310
Two year prior	1,825	13,154
Three year prior	24,014	24,177
Four year prior	18,187	37,067
Prior	10,226	15,539
Revolving Loans	16,424	651
Revolving Loans Converted to Term	80	1,712
Loans, net of unearned income	86,171	115,495
Substandard
Loan portfolio by risk-rating grades
Current year	17,338	1,547
Prior year	11,455	2,874
Two year prior	5,381	5,251
Three year prior	6,048	4,708
Four year prior	9,853	32,713
Prior	103,060	76,041
Revolving Loans	3,736	4,741
Revolving Loans Converted to Term	11,035	11,289
Loans, net of unearned income	167,906	139,164
Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	810,857	687,705
Prior year	626,995	474,103
Two year prior	360,713	247,531
Three year prior	171,082	193,974
Four year prior	134,737	151,981
Prior	346,791	325,085
Revolving Loans	497,316	486,417
Revolving Loans Converted to Term	3,812	4,201
Loans, net of unearned income	2,952,303	2,570,997
Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	810,016	687,026
Prior year	624,015	473,004
Two year prior	356,387	244,938
Three year prior	166,883	188,769
Four year prior	127,998	149,247
Prior	335,381	317,186
Revolving Loans	496,156	485,319
Revolving Loans Converted to Term	3,124	3,880
Loans, net of unearned income	2,919,960	2,549,369
Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	841	679
Prior year	2,980	1,099
Two year prior	4,326	2,593
Three year prior	4,199	5,205
Four year prior	6,739	2,734
Prior	11,410	7,899
Revolving Loans	1,160	1,098
Revolving Loans Converted to Term	688	321
Loans, net of unearned income	32,343	21,628
Commercial, financial, agricultural
Loan portfolio by risk-rating grades
Loans, net of unearned income	1,673,883	1,423,270
Commercial, financial, agricultural | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	460,604	300,748
Prior year	209,964	245,940
Two year prior	142,790	122,996
Three year prior	63,164	56,732
Four year prior	25,099	27,631
Prior	35,142	36,665
Revolving Loans	717,422	595,956
Revolving Loans Converted to Term	3,522	4,083
Loans, net of unearned income	1,657,707	1,390,751
Commercial, financial, agricultural | Pass
Loan portfolio by risk-rating grades
Current year	450,559	299,731
Prior year	209,580	245,657
Two year prior	141,712	120,748
Three year prior	62,370	54,654
Four year prior	21,963	23,521
Prior	28,014	27,482
Revolving Loans	704,491	591,096
Revolving Loans Converted to Term	2,384	2,901
Loans, net of unearned income	1,621,073	1,365,790
Commercial, financial, agricultural | Special Mention
Loan portfolio by risk-rating grades
Current year	719	0
Prior year	0	136
Two year prior	1,010	1,798
Three year prior	383	527
Four year prior	678	605
Prior	0	1,196
Revolving Loans	11,616	651
Revolving Loans Converted to Term	80	0
Loans, net of unearned income	14,486	4,913
Commercial, financial, agricultural | Substandard
Loan portfolio by risk-rating grades
Current year	9,326	1,017
Prior year	384	147
Two year prior	68	450
Three year prior	411	1,551
Four year prior	2,458	3,505
Prior	7,128	7,987
Revolving Loans	1,315	4,209
Revolving Loans Converted to Term	1,058	1,182
Loans, net of unearned income	22,148	20,048
Commercial, financial, agricultural | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	13	71
Prior year	0	0
Two year prior	0	0
Three year prior	0	1
Four year prior	0	0
Prior	16,163	8,983
Revolving Loans	0	23,464
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	16,176	32,519
Commercial, financial, agricultural | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	13	71
Prior year	0	0
Two year prior	0	0
Three year prior	0	1
Four year prior	0	0
Prior	16,163	8,983
Revolving Loans	0	23,464
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	16,176	32,519
Commercial, financial, agricultural | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Lease financing
Loan portfolio by risk-rating grades
Loans, net of unearned income	115,013	76,125
Lease financing | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	61,424
Prior year	18,379
Two year prior	18,318
Three year prior	10,628
Four year prior	4,557
Prior	1,707
Revolving Loans	0
Revolving Loans Converted to Term	0
Loans, net of unearned income	115,013
Lease financing | Pass
Loan portfolio by risk-rating grades
Current year	58,204
Prior year	18,379
Two year prior	15,846
Three year prior	9,060
Four year prior	3,269
Prior	1,353
Revolving Loans	0
Revolving Loans Converted to Term	0
Loans, net of unearned income	106,111
Lease financing | Watch
Loan portfolio by risk-rating grades
Current year	0
Prior year	0
Two year prior	0
Three year prior	0
Four year prior	0
Prior	354
Revolving Loans	0
Revolving Loans Converted to Term	0
Loans, net of unearned income	354
Lease financing | Substandard
Loan portfolio by risk-rating grades
Current year	3,220
Prior year	0
Two year prior	2,472
Three year prior	1,568
Four year prior	1,288
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Loans, net of unearned income	8,548
Lease financing | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	26,301
Prior year	0	23,270
Two year prior	0	15,504
Three year prior	0	7,713
Four year prior	0	2,169
Prior	0	1,168
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	76,125
Lease financing | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	26,301
Prior year	0	23,270
Two year prior	0	15,504
Three year prior	0	7,713
Four year prior	0	2,167
Prior	0	1,159
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	76,114
Lease financing | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	2
Prior	0	9
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	11
Real estate – construction:
Loan portfolio by risk-rating grades
Loans, net of unearned income	1,330,337	1,104,896
Real estate – construction: | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	595,185	461,370
Prior year	476,190	371,694
Two year prior	109,705	174,369
Three year prior	8,525	15,414
Four year prior	381	0
Prior	6,858	4,393
Revolving Loans	13,757	3,769
Revolving Loans Converted to Term	424	2,428
Loans, net of unearned income	1,211,025	1,033,437
Real estate – construction: | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	57,570	57,283
Prior year	61,245	12,561
Two year prior	497	1,615
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	119,312	71,459
Real estate – construction: | Residential | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	214,386	210,734
Prior year	16,483	12,598
Two year prior	589	0
Three year prior	0	601
Four year prior	381	0
Prior	0	686
Revolving Loans	3,925	3,769
Revolving Loans Converted to Term	424	2,428
Loans, net of unearned income	236,188	230,816
Real estate – construction: | Residential | Pass
Loan portfolio by risk-rating grades
Current year	214,371	210,734
Prior year	16,483	12,598
Two year prior	589	0
Three year prior	0	601
Four year prior	381	0
Prior	0	686
Revolving Loans	3,925	3,769
Revolving Loans Converted to Term	424	2,428
Loans, net of unearned income	236,173	230,816
Real estate – construction: | Residential | Special Mention
Loan portfolio by risk-rating grades
Current year	6	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	6	0
Real estate – construction: | Residential | Substandard
Loan portfolio by risk-rating grades
Current year	9	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	9	0
Real estate – construction: | Residential | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	57,570	57,283
Prior year	61,245	12,561
Two year prior	497	1,615
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	119,312	71,459
Real estate – construction: | Residential | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	57,493	57,283
Prior year	61,245	12,561
Two year prior	497	1,615
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	119,235	71,459
Real estate – construction: | Residential | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	77	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	77	0
Real estate – construction: | Commercial | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	380,799	250,636
Prior year	459,707	359,096
Two year prior	109,116	174,369
Three year prior	8,525	14,813
Four year prior	0	0
Prior	6,858	3,707
Revolving Loans	9,832	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	974,837	802,621
Real estate – construction: | Commercial | Pass
Loan portfolio by risk-rating grades
Current year	380,799	250,636
Prior year	459,707	359,096
Two year prior	109,116	174,369
Three year prior	8,525	14,813
Four year prior	0	0
Prior	6,858	3,707
Revolving Loans	9,832	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	974,837	802,621
Real estate – construction: | Commercial | Special Mention
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Real estate – construction: | Commercial | Substandard
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Real estate – construction: | Commercial | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Real estate – construction: | Commercial | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Real estate – construction: | Commercial | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Real estate – 1-4 family mortgage:
Loan portfolio by risk-rating grades
Loans, net of unearned income	3,216,263	2,724,246
Real estate – 1-4 family mortgage: | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	233,370	205,137
Prior year	141,066	83,038
Two year prior	48,653	60,392
Three year prior	24,664	40,195
Four year prior	25,604	31,121
Prior	35,971	41,687
Revolving Loans	26,920	27,010
Revolving Loans Converted to Term	1,238	1,142
Loans, net of unearned income	537,486	489,722
Real estate – 1-4 family mortgage: | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	704,214	554,483
Prior year	546,256	419,252
Two year prior	351,213	205,216
Three year prior	155,549	157,015
Four year prior	116,951	137,607
Prior	319,567	308,441
Revolving Loans	481,254	448,379
Revolving Loans Converted to Term	3,773	4,131
Loans, net of unearned income	2,678,777	2,234,524
Real estate – 1-4 family mortgage: | Primary | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	12,877	15,599
Prior year	7,965	7,698
Two year prior	5,068	3,696
Three year prior	2,435	8,470
Four year prior	4,522	5,517
Prior	8,723	13,402
Revolving Loans	4,931	4,888
Revolving Loans Converted to Term	106	0
Loans, net of unearned income	46,627	59,270
Real estate – 1-4 family mortgage: | Primary | Pass
Loan portfolio by risk-rating grades
Current year	12,616	15,599
Prior year	7,965	7,698
Two year prior	5,068	3,530
Three year prior	2,421	8,470
Four year prior	4,522	5,433
Prior	8,419	10,465
Revolving Loans	4,931	4,877
Revolving Loans Converted to Term	106	0
Loans, net of unearned income	46,048	56,072
Real estate – 1-4 family mortgage: | Primary | Special Mention
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	51	59
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	51	59
Real estate – 1-4 family mortgage: | Primary | Substandard
Loan portfolio by risk-rating grades
Current year	261	0
Prior year	0	0
Two year prior	0	166
Three year prior	14	0
Four year prior	0	84
Prior	253	2,878
Revolving Loans	0	11
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	528	3,139
Real estate – 1-4 family mortgage: | Primary | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	694,941	542,659
Prior year	541,801	415,863
Two year prior	350,205	203,941
Three year prior	154,979	154,655
Four year prior	115,876	134,194
Prior	318,364	305,457
Revolving Loans	0	0
Revolving Loans Converted to Term	63	81
Loans, net of unearned income	2,176,229	1,756,850
Real estate – 1-4 family mortgage: | Primary | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	694,221	542,053
Prior year	538,870	414,931
Two year prior	345,912	201,475
Three year prior	150,821	149,478
Four year prior	109,156	131,571
Prior	307,178	298,023
Revolving Loans	0	0
Revolving Loans Converted to Term	63	81
Loans, net of unearned income	2,146,221	1,737,612
Real estate – 1-4 family mortgage: | Primary | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	720	606
Prior year	2,931	932
Two year prior	4,293	2,466
Three year prior	4,158	5,177
Four year prior	6,720	2,623
Prior	11,186	7,434
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	30,008	19,238
Real estate – 1-4 family mortgage: | Home equity | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	272	1,318
Prior year	1,187	0
Two year prior	0	42
Three year prior	38	131
Four year prior	5	0
Prior	27	42
Revolving Loans	14,485	14,702
Revolving Loans Converted to Term	141	211
Loans, net of unearned income	16,155	16,446
Real estate – 1-4 family mortgage: | Home equity | Pass
Loan portfolio by risk-rating grades
Current year	272	1,318
Prior year	1,187	0
Two year prior	0	42
Three year prior	38	131
Four year prior	5	0
Prior	27	42
Revolving Loans	14,485	14,332
Revolving Loans Converted to Term	7	10
Loans, net of unearned income	16,021	15,875
Real estate – 1-4 family mortgage: | Home equity | Special Mention
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Real estate – 1-4 family mortgage: | Home equity | Substandard
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	370
Revolving Loans Converted to Term	134	201
Loans, net of unearned income	134	571
Real estate – 1-4 family mortgage: | Home equity | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	111
Prior year	111	0
Two year prior	0	79
Three year prior	0	767
Four year prior	0	2,441
Prior	676	2,331
Revolving Loans	481,254	448,379
Revolving Loans Converted to Term	3,710	4,050
Loans, net of unearned income	485,751	458,158
Real estate – 1-4 family mortgage: | Home equity | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	111
Prior year	111	0
Two year prior	0	79
Three year prior	0	767
Four year prior	0	2,441
Prior	609	2,204
Revolving Loans	480,094	447,298
Revolving Loans Converted to Term	3,026	3,740
Loans, net of unearned income	483,840	456,640
Real estate – 1-4 family mortgage: | Home equity | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	67	127
Revolving Loans	1,160	1,081
Revolving Loans Converted to Term	684	310
Loans, net of unearned income	1,911	1,518
Real estate – 1-4 family mortgage: | Rental/Investment | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	138,481	111,006
Prior year	85,711	61,801
Two year prior	42,056	33,852
Three year prior	21,997	24,324
Four year prior	14,785	25,163
Prior	24,448	25,275
Revolving Loans	5,972	5,782
Revolving Loans Converted to Term	787	931
Loans, net of unearned income	334,237	288,134
Real estate – 1-4 family mortgage: | Rental/Investment | Pass
Loan portfolio by risk-rating grades
Current year	138,137	110,987
Prior year	85,522	60,855
Two year prior	41,604	32,851
Three year prior	21,097	24,050
Four year prior	14,671	24,981
Prior	22,899	24,133
Revolving Loans	5,972	5,631
Revolving Loans Converted to Term	482	931
Loans, net of unearned income	330,384	284,419
Real estate – 1-4 family mortgage: | Rental/Investment | Special Mention
Loan portfolio by risk-rating grades
Current year	231	0
Prior year	0	249
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	174	38
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	405	287
Real estate – 1-4 family mortgage: | Rental/Investment | Substandard
Loan portfolio by risk-rating grades
Current year	113	19
Prior year	189	697
Two year prior	452	1,001
Three year prior	900	274
Four year prior	114	182
Prior	1,375	1,104
Revolving Loans	0	151
Revolving Loans Converted to Term	305	0
Loans, net of unearned income	3,448	3,428
Real estate – 1-4 family mortgage: | Rental/Investment | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	99
Three year prior	0	0
Four year prior	0	23
Prior	145	218
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	145	340
Real estate – 1-4 family mortgage: | Rental/Investment | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	99
Three year prior	0	0
Four year prior	0	23
Prior	145	164
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	145	286
Real estate – 1-4 family mortgage: | Rental/Investment | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	54
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	54
Real estate – 1-4 family mortgage: | Land development | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	81,740	77,214
Prior year	46,203	13,539
Two year prior	1,529	22,802
Three year prior	194	7,270
Four year prior	6,292	441
Prior	2,773	2,968
Revolving Loans	1,532	1,638
Revolving Loans Converted to Term	204	0
Loans, net of unearned income	140,467	125,872
Real estate – 1-4 family mortgage: | Land development | Pass
Loan portfolio by risk-rating grades
Current year	80,514	74,818
Prior year	46,203	13,539
Two year prior	1,525	22,769
Three year prior	194	7,270
Four year prior	6,292	411
Prior	2,723	1,560
Revolving Loans	1,532	1,638
Revolving Loans Converted to Term	204	0
Loans, net of unearned income	139,187	122,005
Real estate – 1-4 family mortgage: | Land development | Special Mention
Loan portfolio by risk-rating grades
Current year	1,226	2,396
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	1,226	2,396
Real estate – 1-4 family mortgage: | Land development | Substandard
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	4	33
Three year prior	0	0
Four year prior	0	30
Prior	50	1,408
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	54	1,471
Real estate – 1-4 family mortgage: | Land development | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	9,273	11,713
Prior year	4,344	3,389
Two year prior	1,008	1,097
Three year prior	570	1,593
Four year prior	1,075	949
Prior	382	435
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	16,652	19,176
Real estate – 1-4 family mortgage: | Land development | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	9,257	11,688
Prior year	4,344	3,298
Two year prior	1,008	1,065
Three year prior	570	1,593
Four year prior	1,075	874
Prior	319	435
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	16,573	18,953
Real estate – 1-4 family mortgage: | Land development | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	16	25
Prior year	0	91
Two year prior	0	32
Three year prior	0	0
Four year prior	0	75
Prior	63	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	79	223
Real estate – commercial mortgage:
Loan portfolio by risk-rating grades
Loans, net of unearned income	5,118,063	4,549,037
Real estate – commercial mortgage: | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	1,624,197	1,168,118
Prior year	1,000,563	836,549
Two year prior	713,303	680,831
Three year prior	531,424	394,608
Four year prior	277,862	421,898
Prior	810,919	844,635
Revolving Loans	121,305	153,358
Revolving Loans Converted to Term	25,173	35,968
Loans, net of unearned income	5,104,746	4,535,965
Real estate – commercial mortgage: | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	4,805	5,265
Prior year	3,518	3,584
Two year prior	2,587	2,082
Three year prior	1,281	947
Four year prior	691	499
Prior	435	695
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	13,317	13,072
Real estate – commercial mortgage: | Land development | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	58,307	46,303
Prior year	24,268	19,060
Two year prior	6,654	11,040
Three year prior	6,379	7,909
Four year prior	4,538	5,098
Prior	6,561	16,544
Revolving Loans	5,799	9,938
Revolving Loans Converted to Term	193	0
Loans, net of unearned income	112,699	115,892
Real estate – commercial mortgage: | Land development | Pass
Loan portfolio by risk-rating grades
Current year	58,307	46,034
Prior year	24,228	17,030
Two year prior	6,342	11,040
Three year prior	6,379	7,857
Four year prior	4,465	5,098
Prior	6,067	10,656
Revolving Loans	5,799	9,938
Revolving Loans Converted to Term	193	0
Loans, net of unearned income	111,780	107,653
Real estate – commercial mortgage: | Land development | Special Mention
Loan portfolio by risk-rating grades
Current year	0	44
Prior year	40	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	5,141
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	40	5,185
Real estate – commercial mortgage: | Land development | Substandard
Loan portfolio by risk-rating grades
Current year	0	225
Prior year	0	2,030
Two year prior	312	0
Three year prior	0	52
Four year prior	73	0
Prior	494	747
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	879	3,054
Real estate – commercial mortgage: | Land development | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	4,805	5,265
Prior year	3,518	3,417
Two year prior	2,428	2,024
Three year prior	1,281	947
Four year prior	691	499
Prior	435	695
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	13,158	12,847
Real estate – commercial mortgage: | Land development | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	4,805	5,265
Prior year	3,518	3,417
Two year prior	2,422	2,008
Three year prior	1,281	947
Four year prior	691	499
Prior	435	644
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	13,152	12,780
Real estate – commercial mortgage: | Land development | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	6	16
Three year prior	0	0
Four year prior	0	0
Prior	0	51
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	6	67
Real estate – commercial mortgage: | Owner-occupied | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	309,792	312,031
Prior year	319,174	305,686
Two year prior	239,946	220,057
Three year prior	178,137	177,689
Four year prior	128,452	157,886
Prior	302,495	317,878
Revolving Loans	57,869	62,182
Revolving Loans Converted to Term	3,300	9,748
Loans, net of unearned income	1,539,165	1,563,157
Real estate – commercial mortgage: | Owner-occupied | Pass
Loan portfolio by risk-rating grades
Current year	298,851	310,736
Prior year	314,429	304,555
Two year prior	237,058	218,447
Three year prior	175,262	174,865
Four year prior	122,537	148,298
Prior	282,657	292,356
Revolving Loans	50,640	62,182
Revolving Loans Converted to Term	3,300	8,036
Loans, net of unearned income	1,484,734	1,519,475
Real estate – commercial mortgage: | Owner-occupied | Special Mention
Loan portfolio by risk-rating grades
Current year	9,640	1,210
Prior year	3,047	1,131
Two year prior	815	0
Three year prior	1,670	0
Four year prior	0	3,286
Prior	672	722
Revolving Loans	4,808	0
Revolving Loans Converted to Term	0	1,712
Loans, net of unearned income	20,652	8,061
Real estate – commercial mortgage: | Owner-occupied | Substandard
Loan portfolio by risk-rating grades
Current year	1,301	85
Prior year	1,698	0
Two year prior	2,073	1,610
Three year prior	1,205	2,824
Four year prior	5,915	6,302
Prior	19,166	24,800
Revolving Loans	2,421	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	33,779	35,621
Real estate – commercial mortgage: | Owner-occupied | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	136
Two year prior	131	58
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	131	194
Real estate – commercial mortgage: | Owner-occupied | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	136
Two year prior	131	58
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	131	194
Real estate – commercial mortgage: | Owner-occupied | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Real estate – commercial mortgage: | Non-owner occupied | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	1,256,098	809,784
Prior year	657,121	511,803
Two year prior	466,703	449,734
Three year prior	346,908	209,010
Four year prior	144,872	258,914
Prior	501,863	510,213
Revolving Loans	57,637	81,238
Revolving Loans Converted to Term	21,680	26,220
Loans, net of unearned income	3,452,882	2,856,916
Real estate – commercial mortgage: | Non-owner occupied | Pass
Loan portfolio by risk-rating grades
Current year	1,252,484	800,348
Prior year	647,937	503,009
Two year prior	466,703	436,387
Three year prior	322,997	185,353
Four year prior	127,358	203,128
Prior	418,294	464,713
Revolving Loans	57,637	81,238
Revolving Loans Converted to Term	12,142	16,314
Loans, net of unearned income	3,305,552	2,690,490
Real estate – commercial mortgage: | Non-owner occupied | Special Mention
Loan portfolio by risk-rating grades
Current year	506	9,235
Prior year	0	8,794
Two year prior	0	11,356
Three year prior	21,961	23,650
Four year prior	17,509	33,176
Prior	8,975	8,383
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	48,951	94,594
Real estate – commercial mortgage: | Non-owner occupied | Substandard
Loan portfolio by risk-rating grades
Current year	3,108	201
Prior year	9,184	0
Two year prior	0	1,991
Three year prior	1,950	7
Four year prior	5	22,610
Prior	74,594	37,117
Revolving Loans	0	0
Revolving Loans Converted to Term	9,538	9,906
Loans, net of unearned income	98,379	71,832
Real estate – commercial mortgage: | Non-owner occupied | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	31
Two year prior	28	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	28	31
Real estate – commercial mortgage: | Non-owner occupied | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	31
Two year prior	28	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	28	31
Real estate – commercial mortgage: | Non-owner occupied | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Installment loans to individuals
Loan portfolio by risk-rating grades
Loans, net of unearned income	124,745	143,340
Installment loans to individuals | Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	42
Three year prior	24	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	24	42
Installment loans to individuals | Pass
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	42
Three year prior	24	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	24	42
Installment loans to individuals | Special Mention
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Installment loans to individuals | Substandard
Loan portfolio by risk-rating grades
Current year	0	0
Prior year	0	0
Two year prior	0	0
Three year prior	0	0
Four year prior	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Loans, net of unearned income	0	0
Installment loans to individuals | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	44,255	44,302
Prior year	15,976	15,436
Two year prior	6,416	23,114
Three year prior	14,252	28,298
Four year prior	17,095	11,706
Prior	10,626	5,798
Revolving Loans	16,062	14,574
Revolving Loans Converted to Term	39	70
Loans, net of unearned income	124,721	143,298
Installment loans to individuals | Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	44,227	44,254
Prior year	15,927	15,360
Two year prior	6,389	23,035
Three year prior	14,211	28,270
Four year prior	17,076	11,672
Prior	10,532	5,574
Revolving Loans	16,062	14,557
Revolving Loans Converted to Term	35	59
Loans, net of unearned income	124,459	142,781
Installment loans to individuals | Non-Performing Loans | Not Subject to Credit Risk Assessment
Loan portfolio by risk-rating grades
Current year	28	48
Prior year	49	76
Two year prior	27	79
Three year prior	41	28
Four year prior	19	34
Prior	94	224
Revolving Loans	0	17
Revolving Loans Converted to Term	4	11
Loans, net of unearned income	$ 262	$ 517

Loans - Related Parties (Detail

Loans - Related Parties (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Related Party Loans
Loans at December 31, 2021	$ 29,907
New loans and advances	3,778
Payments received	(674)
Loans at December 31, 2022	$ 33,011

Loans - Carrying Amount of PCD

Loans - Carrying Amount of PCD Loans at the Acquisition Date (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Receivables [Abstract]
Purchase price of loans at acquisition	$ 13,654
Allowance for credit losses at acquisition	11,460
Par value of acquired loans at acquisition	$ 25,114

Allowance for Credit Losses - C

Allowance for Credit Losses - Changes in the Allowance for Credit Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Allowance for credit losses on loans:
Beginning balance	$ 164,171	$ 176,144
Charge-offs	(14,185)	(18,874)
Recoveries	6,856	8,601
Net charge-offs	(7,329)	(10,273)
Provision (recoveries) of credit losses on loans	23,788	(1,700)	$ 85,350
Ending balance	192,090	164,171	176,144
Individually evaluated	6,442	12,463
Collectively evaluated	185,648	151,708
Loans:
Individually evaluated	29,450	33,449
Collectively evaluated	11,548,854	9,987,465
Loans held for investment, net of unearned income	11,578,304	10,020,914
Nonaccruing loans with no allowance for credit losses	$ 10,899	8,018
Supportable period	2 years
Commercial
Allowance for credit losses on loans:
Beginning balance	$ 33,922	39,031
Charge-offs	(5,120)	(7,087)
Recoveries	2,471	1,470
Net charge-offs	(2,649)	(5,617)
Provision (recoveries) of credit losses on loans	1,522	508
Ending balance	44,255	33,922	39,031
Individually evaluated	4,397	9,239
Collectively evaluated	39,858	24,683
Loans:
Individually evaluated	8,536	12,776
Collectively evaluated	1,665,347	1,410,494
Loans held for investment, net of unearned income	1,673,883	1,423,270
Nonaccruing loans with no allowance for credit losses	464	397
Real Estate  - Construction
Allowance for credit losses on loans:
Beginning balance	16,419	16,047
Charge-offs	0	(52)
Recoveries	0	13
Net charge-offs	0	(39)
Provision (recoveries) of credit losses on loans	2,695	411
Ending balance	19,114	16,419	16,047
Individually evaluated	0	0
Collectively evaluated	19,114	16,419
Loans:
Individually evaluated	489	0
Collectively evaluated	1,329,848	1,104,896
Loans held for investment, net of unearned income	1,330,337	1,104,896
Nonaccruing loans with no allowance for credit losses	0	0
Real Estate - 1-4 Family Mortgage
Allowance for credit losses on loans:
Beginning balance	32,356	32,165
Charge-offs	(757)	(1,164)
Recoveries	821	1,498
Net charge-offs	64	334
Provision (recoveries) of credit losses on loans	12,307	(143)
Ending balance	44,727	32,356	32,165
Individually evaluated	46	216
Collectively evaluated	44,681	32,140
Loans:
Individually evaluated	9,202	5,360
Collectively evaluated	3,207,061	2,718,886
Loans held for investment, net of unearned income	3,216,263	2,724,246
Nonaccruing loans with no allowance for credit losses	7,278	2,329
Real estate – commercial mortgage:
Allowance for credit losses on loans:
Beginning balance	68,940	76,127
Charge-offs	(5,134)	(5,184)
Recoveries	418	541
Net charge-offs	(4,716)	(4,643)
Provision (recoveries) of credit losses on loans	7,574	(2,544)
Ending balance	71,798	68,940	76,127
Individually evaluated	1,729	2,401
Collectively evaluated	70,069	66,539
Loans:
Individually evaluated	10,953	14,623
Collectively evaluated	5,107,110	4,534,414
Loans held for investment, net of unearned income	5,118,063	4,549,037
Nonaccruing loans with no allowance for credit losses	3,157	5,270
Lease financing
Allowance for credit losses on loans:
Beginning balance	1,486	1,624
Charge-offs	(7)	(13)
Recoveries	146	49
Net charge-offs	139	36
Provision (recoveries) of credit losses on loans	838	(174)
Ending balance	2,463	1,486	1,624
Individually evaluated	0	0
Collectively evaluated	2,463	1,486
Loans:
Individually evaluated	0	0
Collectively evaluated	115,013	76,125
Loans held for investment, net of unearned income	115,013	76,125
Nonaccruing loans with no allowance for credit losses	0	0
Installment loans to individuals
Allowance for credit losses on loans:
Beginning balance	11,048	11,150
Charge-offs	(3,167)	(5,374)
Recoveries	3,000	5,030
Net charge-offs	(167)	(344)
Provision (recoveries) of credit losses on loans	(1,148)	242
Ending balance	9,733	11,048	$ 11,150
Individually evaluated	270	607
Collectively evaluated	9,463	10,441
Loans:
Individually evaluated	270	690
Collectively evaluated	124,475	142,650
Loans held for investment, net of unearned income	124,745	143,340
Nonaccruing loans with no allowance for credit losses	0	22
Impact of the adoption of ASC 326
Allowance for credit losses on loans:
Beginning balance	11,460
Ending balance		11,460
Impact of the adoption of ASC 326 | Commercial
Allowance for credit losses on loans:
Beginning balance	11,460
Ending balance		11,460
Impact of the adoption of ASC 326 | Real Estate  - Construction
Allowance for credit losses on loans:
Beginning balance	0
Ending balance		0
Impact of the adoption of ASC 326 | Real Estate - 1-4 Family Mortgage
Allowance for credit losses on loans:
Beginning balance	0
Ending balance		0
Impact of the adoption of ASC 326 | Real estate – commercial mortgage:
Allowance for credit losses on loans:
Beginning balance	0
Ending balance		0
Impact of the adoption of ASC 326 | Lease financing
Allowance for credit losses on loans:
Beginning balance	0
Ending balance		0
Impact of the adoption of ASC 326 | Installment loans to individuals
Allowance for credit losses on loans:
Beginning balance	$ 0
Ending balance		$ 0

Allowance for Credit Losses - U

Allowance for Credit Losses - Unfunded Loan Commitments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Allowance for loan losses:
Beginning balance	$ 20,035	$ 20,535
Provision for (recovery of) credit losses on unfunded loan commitments (included in other noninterest expense)	83	(500)
Ending balance	$ 20,118	$ 20,035

Premises and Equipment - Bank P

Premises and Equipment - Bank Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Lease right-of-use assets	$ 54,930	$ 63,547
Total	433,067	430,284
Accumulated depreciation	(149,472)	(137,162)
Net	283,595	293,122
Premises
Property, Plant and Equipment [Line Items]
Gross	250,038	247,484
Leasehold improvements
Property, Plant and Equipment [Line Items]
Gross	33,325	29,412
Furniture and equipment
Property, Plant and Equipment [Line Items]
Gross	68,275	65,286
Computer equipment
Property, Plant and Equipment [Line Items]
Gross	26,356	24,412
Autos
Property, Plant and Equipment [Line Items]
Gross	$ 143	$ 143

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 14,857	$ 16,406	$ 18,699

Other Real Estate Owned - Cover

Other Real Estate Owned - Covered and Not Covered Under a Loss-Share Agreement, Net of Valuation Allowances and Direct Write-Downs (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Real Estate Properties [Line Items]
Total OREO	$ 1,763	$ 2,540
Residential real estate
Real Estate Properties [Line Items]
Total OREO	699	259
Commercial real estate
Real Estate Properties [Line Items]
Total OREO	62	761
Residential land development
Real Estate Properties [Line Items]
Total OREO	246	305
Commercial land development
Real Estate Properties [Line Items]
Total OREO	$ 756	$ 1,215

Other Real Estate Owned - Chang

Other Real Estate Owned - Changes in Company’s OREO (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Total OREO
Beginning balance	$ 2,540	$ 5,972
Transfers of loans	2,207	3,180
Impairments	(110)	(306)
Dispositions	(2,875)	(6,166)
Other	1	(140)
Ending balance	$ 1,763	$ 2,540

Other Real Estate Owned - Compo

Other Real Estate Owned - Components of OREO in the Consolidated Statements of Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Real Estate Properties [Line Items]
Repairs and maintenance	$ 54	$ 79	$ 279
Property taxes and insurance	93	69	364
Impairments	110	306	2,160
Net gains on OREO sales	(703)	(176)	(23)
Rental income	(7)	(25)	(26)
Total	(453)	253	$ 2,754
Residential
Real Estate Properties [Line Items]
Amortized cost of loans in foreclosure	$ 375	$ 22

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Beginning balance	$ 939,683	$ 939,683
Additions to goodwill and other adjustments		0
Ending balance	991,708	939,683
Southeastern Commercial Finance, LLC Acquisition
Goodwill [Roll Forward]
Additions to goodwill and other adjustments	6,608
Continental Republic Capital Acquisition
Goodwill [Roll Forward]
Additions to goodwill and other adjustments	45,417
Community Banks
Goodwill [Roll Forward]
Beginning balance	936,916	936,916
Additions to goodwill and other adjustments		0
Ending balance	988,941	936,916
Community Banks | Southeastern Commercial Finance, LLC Acquisition
Goodwill [Roll Forward]
Additions to goodwill and other adjustments	6,608
Community Banks | Continental Republic Capital Acquisition
Goodwill [Roll Forward]
Additions to goodwill and other adjustments	45,417
Insurance
Goodwill [Roll Forward]
Beginning balance	2,767	2,767
Additions to goodwill and other adjustments		0
Ending balance	2,767	$ 2,767
Insurance | Southeastern Commercial Finance, LLC Acquisition
Goodwill [Roll Forward]
Additions to goodwill and other adjustments	0
Insurance | Continental Republic Capital Acquisition
Goodwill [Roll Forward]
Additions to goodwill and other adjustments	$ 0

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Summary of Finite-lived Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets, Net [Abstract]
Gross  Carrying Amount	$ 90,162	$ 84,962
Accumulated Amortization	(65,986)	(60,864)
Net Carrying Amount	24,176	24,098
Core deposit intangible
Finite-Lived Intangible Assets, Net [Abstract]
Gross  Carrying Amount	82,492	82,492
Accumulated Amortization	(64,339)	(59,399)
Net Carrying Amount	18,153	23,093
Customer relationship intangible
Finite-Lived Intangible Assets, Net [Abstract]
Gross  Carrying Amount	7,670	2,470
Accumulated Amortization	(1,647)	(1,465)
Net Carrying Amount	$ 6,023	$ 1,005

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Intangible amortization	$ 5,122	$ 6,042	$ 7,121
Core deposit intangible
Finite-Lived Intangible Assets [Line Items]
Intangible amortization	4,941	5,861	6,940
Customer relationship intangible
Finite-Lived Intangible Assets [Line Items]
Intangible amortization	$ 181	$ 181	$ 181

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Estimated Amortization Expense of Finite-Lived Intangible Assets (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Finite-Lived Intangible Assets [Line Items]
2023	$ 5,378
2024	4,690
2025	4,150
2026	3,759
2027	3,403
Core deposit intangible
Finite-Lived Intangible Assets [Line Items]
2023	4,042
2024	3,498
2025	3,102
2026	2,899
2027	2,775
Customer relationship intangible
Finite-Lived Intangible Assets [Line Items]
2023	1,336
2024	1,192
2025	1,048
2026	860
2027	$ 628

Mortgage Servicing Rights - Cha

Mortgage Servicing Rights - Changes in the Company's Mortgage Servicing Rights (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Changes in mortgage servicing rights
Beginning balance	$ 89,018	$ 62,994
Capitalization	22,788	33,948
Amortization	(11,793)	(21,485)
Valuation adjustment	0	13,561	$ (11,726)
Sale of MSRs	(15,565)
Ending balance	$ 84,448	$ 89,018	$ 62,994

Mortgage Servicing Rights - Dat

Mortgage Servicing Rights - Data and Key Economic Assumptions Related to the Company's Mortgage Servicing Rights (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Data and Key Economic Assumptions Related to Mortgage Servicing Rights [Abstract]
Unpaid principal balance	$ 7,494,413	$ 8,728,629	$ 7,322,671
Weighted-average prepayment speed (CPR)	7%	10.56%	15.05%
Estimated impact of a 10% increase	$ (5,393)	$ (3,875)	$ (4,001)
Estimated impact of a 20% increase	$ (10,354)	$ (7,464)	$ (7,674)
Discount rate	10.30%	9.82%	9.86%
Estimated impact of a 100bp increase	$ (1,765)	$ (4,153)	$ (2,144)
Estimated impact of a 200bp increase	$ (3,957)	$ (8,119)	$ (4,144)
Weighted-average coupon interest rate	3.51%	3.29%	3.58%
Weighted-average servicing fee (basis points)	0.3244%	0.3037%	0.2994%
Weighted-average remaining maturity (in years)	8 years 3 months 29 days	6 years 8 months 8 days	5 years 1 month 20 days

Mortgage Servicing Rights - Add

Mortgage Servicing Rights - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Bank Servicing
Disaggregation of Revenue [Line Items]
Revenue	$ 18,452	$ 17,968	$ 12,628

Deposits - Summary of Deposits

Deposits - Summary of Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Mortgage Banking [Abstract]
Noninterest-bearing deposits	$ 4,558,756	$ 4,718,124
Interest-bearing demand deposits	6,151,142	6,695,879
Savings deposits	1,081,628	1,080,338
Time deposits	1,695,440	1,411,383
Total deposits	13,486,966	$ 13,905,724
Brokered deposits	$ 233,133

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Mortgage Banking [Abstract]
2023	$ 1,236,045
2024	336,382
2025	87,883
2026	19,575
2027	12,129
Thereafter	3,426
Total	$ 1,695,440	$ 1,411,383

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Mortgage Banking [Abstract]
Time deposits in denominations of $250 or more	$ 402,289	$ 326,076
Amount on deposits	$ 25,537	$ 27,908

Short-Term Borrowings - Schedul

Short-Term Borrowings - Schedule of Short-Term Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Short-term Debt [Line Items]
Total short-term borrowings	$ 712,232	$ 13,947
Securities sold under agreements to repurchase
Short-term Debt [Line Items]
Total short-term borrowings	12,232	13,947
Federal Home Loan Bank short-term advances
Short-term Debt [Line Items]
Total short-term borrowings	$ 700,000	$ 0

Short-Term Borrowings - Additio

Short-Term Borrowings - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Short-term Debt [Line Items]
Debt prepayment penalty	$ 0	$ 6,123,000	$ 121,000
Lines of credit with correspondent banks	180,000,000
Amounts outstanding under lines of credit	0	0
FHLB Advances
Short-term Debt [Line Items]
Repayments of short-term debt	0	0	430,000,000
Debt prepayment penalty		$ 6,123,000	$ 121,000
Unused lines of credit	$ 3,651,678,000

Short-Term Borrowings - Average

Short-Term Borrowings - Average Balances and Cost of Funds (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Short-term Debt [Line Items]
Average Balances	$ 187,684	$ 13,409	$ 356,853
Cost of Funds	2.38%	0.29%	1.07%
Federal Home Loan Bank short-term advances
Short-term Debt [Line Items]
Average Balances	$ 175,370	$ 0	$ 345,601
Cost of Funds	2.52%	0%	1.09%
Federal funds purchased
Short-term Debt [Line Items]
Average Balances	$ 97	$ 747	$ 363
Cost of Funds	3.97%	0.33%	0%
Securities sold under agreements to repurchase
Short-term Debt [Line Items]
Average Balances	$ 12,217	$ 12,662	$ 10,889
Cost of Funds	0.36%	0.29%	0.30%

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Long-term debt
Total	$ 428,133	$ 471,209
Federal Home Loan Bank advances
Long-term debt
Total	0	417
Junior subordinated debentures
Long-term debt
Total	112,042	111,373
Subordinated notes
Long-term debt
Total	$ 316,091	$ 359,419

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) - USD ($)		12 Months Ended
	Nov. 23, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Mar. 31, 2022	Oct. 31, 2021
Debt Instrument [Line Items]
Repayments of long-term debt		$ 32,417,000	$ 202,873,000	$ 171,000
Debt prepayment penalty		0	6,123,000	121,000
Subordinated notes
Debt Instrument [Line Items]
Repurchase amount			30,000,000
Carrying Value					$ 30,000,000
Par percentage	100%
Redemption price percentage	100%
FHLB Advances
Debt Instrument [Line Items]
Repayments of long-term debt		$ 0	150,000,000	0
Debt prepayment penalty			6,123,000	$ 121,000
PHC Statutory Trust I
Debt Instrument [Line Items]
Fixed interest rate		5.49%
Capital Bancorp Capital Trust I
Debt Instrument [Line Items]
Fixed interest rate		4.42%
Junior subordinated notes		$ 108,450,000
Threshold of assets to lose tier 1 treatment		$ 15,000,000,000
First M&F Statutory Trust I
Debt Instrument [Line Items]
Fixed interest rate		4.18%
6.50% Fixed-to-Floating Rate Subordinated Notes | Subordinated notes
Debt Instrument [Line Items]
Repurchase amount						$ 15,000,000
Interest rate of senior note						6.50%
5.00% Fixed-to-Floating Rate Subordinated Notes | Subordinated notes
Debt Instrument [Line Items]
Repurchase amount			$ 60,000,000
Interest rate of senior note			5%

Long-Term Debt - Schedule of De

Long-Term Debt - Schedule of Debentures (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Debentures details
Carrying Value	$ 112,042
Amount Included in Tier 1 Capital	108,450
PHC Statutory Trust I
Debentures details
Principal Amount	20,619
Carrying Value	$ 20,619
Spread (in bps)	2.85%
Amount Included in Tier 1 Capital	$ 20,000
PHC Statutory Trust II
Debentures details
Principal Amount	31,959
Carrying Value	$ 31,959
Spread (in bps)	1.87%
Amount Included in Tier 1 Capital	$ 31,000
Capital Bancorp Capital Trust I
Debentures details
Principal Amount	12,372
Carrying Value	$ 12,372
Spread (in bps)	1.50%
Amount Included in Tier 1 Capital	$ 12,000
First M&F Statutory Trust I
Debentures details
Principal Amount	30,928
Carrying Value	$ 23,751
Spread (in bps)	1.33%
Amount Included in Tier 1 Capital	$ 22,822
Brand Group Holdings Statutory Trust I
Debentures details
Principal Amount	10,310
Carrying Value	$ 9,573
Spread (in bps)	2.05%
Amount Included in Tier 1 Capital	$ 9,263
Brand Group Holdings Statutory Trust II
Debentures details
Principal Amount	5,155
Carrying Value	$ 5,205
Spread (in bps)	3%
Amount Included in Tier 1 Capital	$ 5,050
Brand Group Holdings Statutory Trust III
Debentures details
Principal Amount	5,155
Carrying Value	$ 5,205
Spread (in bps)	3%
Amount Included in Tier 1 Capital	$ 5,050
Brand Group Holdings Statutory Trust IV
Debentures details
Principal Amount	3,093
Carrying Value	$ 3,358
Spread (in bps)	3.75%
Amount Included in Tier 1 Capital	$ 3,265

Long-Term Debt - Summary of Not

Long-Term Debt - Summary of Notes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Mar. 31, 2022	Nov. 23, 2021	Sep. 03, 2020	Aug. 22, 2016
Debt Instrument [Line Items]
Debt outstanding	$ 112,042
Subordinated notes
Debt Instrument [Line Items]
Initial principal		$ 30,000
Debt issuance costs and fair value adjustment	(23,909)
Total subordinated debt	$ 316,091
Fixed to Floating Transition Date, September 1, 2026 | Subordinated notes
Debt Instrument [Line Items]
Initial principal					$ 40
Fixed rate	5.50%
Spread (in bps)	4.071%
Debt outstanding	$ 40,000
Fixed to Floating Transition Date, September 15, 2030 | Subordinated notes
Debt Instrument [Line Items]
Initial principal				$ 100
Fixed rate	4.50%
Spread (in bps)	4.025%
Debt outstanding	$ 100,000
Fixed to Floating Transition Date, December 1, 2026 | Subordinated notes
Debt Instrument [Line Items]
Initial principal			$ 200
Fixed rate	3%
Spread (in bps)	1.91%
Debt outstanding	$ 200,000

Long-Term Debt - Schedule of Ag

Long-Term Debt - Schedule of Aggregate Stated Maturities of Long-Term Debt Outstanding (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
2023	$ 0
2024	0
2025	0
2026	0
2027	0
Thereafter	428,133
Total	428,133	$ 471,209
Federal Home Loan Bank short-term advances
Debt Instrument [Line Items]
2023	0
2024	0
2025	0
2026	0
2027	0
Thereafter	0
Total	0	417
Junior subordinated debentures
Debt Instrument [Line Items]
2023	0
2024	0
2025	0
2026	0
2027	0
Thereafter	112,042
Total	112,042	111,373
Subordinated notes
Debt Instrument [Line Items]
2023	0
2024	0
2025	0
2026	0
2027	0
Thereafter	316,091
Total	$ 316,091	$ 359,419

Employee Benefit and Deferred_3

Employee Benefit and Deferred Compensation Plans - Additional Information (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) plan point shares	Dec. 31, 2021 USD ($) shares	Dec. 31, 2020 USD ($) shares	Dec. 31, 2007 officer	Dec. 31, 2019 shares
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accumulated benefit obligation	$ 21,230,000	$ 27,567,000
Retiring age limit, minimum	55 years
Retiring age limit, maximum	65 years
Eligible employee from service (in years)	15 years
Number of points for eligibility (points) | point	70
Minimum eligible age for Medicare coverage	65 years
Health care cost trend rate (percent)	7.50%
Redemption notice	60 days
Employee deferrals (percent)	4%
Percentage of plan compensation as nondiscretionary contribution	5%
Percentage of plan compensation in excess of social security wage base	5%
Hours of service credited to the employees during the year	1000 hours
Profit-sharing contribution	$ 0
Employee deferrals amounts	$ 7,045,000	11,919,000	$ 17,888,000
Number of conventional deferred compensation plans | plan	2
Company's deferred compensation plan expense	$ 1,486,000	3,274,000	3,965,000
Number of officers provided for | officer				4
Expiration period subsequent to retirement				15 years
Supplemental executive retirement liabilities totaled	3,523,000	3,679,000
Incentive compensation plan expense	$ 9,545,000	$ 8,609,000	$ 6,425,000
Option expiration period	10 years
Granted (shares) | shares	0	0	0
Options outstanding (shares) | shares		0	10,500		29,250
Intrinsic value of options exercised		$ 262,000	$ 279,000
Common shares reserved for issuance under employee benefit plans (shares) | shares	2,543,213
401(k) Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Common shares reserved for issuance under employee benefit plans (shares) | shares	982,176
Deferred Stock Unit Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Common shares reserved for issuance under employee benefit plans (shares) | shares	145,273
2020 Long-Term Incentive Compensation Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Common shares reserved for issuance under employee benefit plans (shares) | shares	1,073,186
Stock Compensation Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Compensation expense	$ 0	0	0
Performance- Based Restricted Stock
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Compensation expense	11,244,000	9,882,000	10,419,000
Restricted Stock
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Unrecognized stock-based compensation expense	$ 12,990,000
Weighted average period over which unrecognized expense is expected to be recognized (in years)	1 year 11 months 19 days
Growth Investment
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Equity income strategy (percent)	57%
Growth Investment | Real Estate
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Equity income strategy (percent)	8%
Growth Investment | Interest rate contracts
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Equity income strategy (percent)	43%
Pension Benefits Renasant
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Company contribution to pension benefit plan	$ 0	0
Accumulated benefit obligation	21,230,000	27,567,000	$ 28,226,000
Other Postretirement Benefits Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Company contribution to pension benefit plan	3,000	$ 231,000
Expected company contributions	$ 163,000

Employee Benefit and Deferred_4

Employee Benefit and Deferred Compensation Plans - Plan Activity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Change in benefit obligation
Benefit obligation at beginning of year	$ 27,567,000
Benefit obligation at end of year	21,230,000	$ 27,567,000
Change in fair value of plan assets
Fair value of plan assets at beginning of year	30,399,000
Fair value of plan assets at end of year	20,854,000	30,399,000
Pension Benefits Renasant
Change in benefit obligation
Benefit obligation at beginning of year	27,567,000	28,226,000
Service cost	0	0	$ 0
Interest cost	738,000	682,000	984,000
Plan participants’ contributions	0	0
Actuarial loss (gain)	(5,256,000)	672,000
Benefits paid	(1,819,000)	(2,013,000)
Benefit obligation at end of year	21,230,000	27,567,000	28,226,000
Change in fair value of plan assets
Fair value of plan assets at beginning of year	30,399,000	30,549,000
Actual return on plan assets	(7,726,000)	1,863,000
Contribution by employer	0	0
Benefits paid	(1,819,000)	(2,013,000)
Fair value of plan assets at end of year	20,854,000	30,399,000	30,549,000
Funded status at end of year	$ (376,000)	$ 2,832,000
Weighted-average assumptions as of December 31
Discount rate used to determine the benefit obligation	4.94%	2.79%
Other Benefits
Change in benefit obligation
Benefit obligation at beginning of year	$ 586,000	$ 1,019,000
Service cost	4,000	5,000	6,000
Interest cost	12,000	14,000	13,000
Plan participants’ contributions	85,000	152,000
Actuarial loss (gain)	(48,000)	(221,000)
Benefits paid	(88,000)	(383,000)
Benefit obligation at end of year	551,000	586,000	$ 1,019,000
Change in fair value of plan assets
Funded status at end of year	$ (551,000)	$ (586,000)
Weighted-average assumptions as of December 31
Discount rate used to determine the benefit obligation	4.74%	2.35%

Employee Benefit and Deferred_5

Employee Benefit and Deferred Compensation Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Pension Benefits Renasant
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 0	$ 0	$ 0
Interest cost	738	682	984
Expected return on plan assets	(1,684)	(1,768)	(1,651)
Prior service cost recognized	0	0	0
Recognized actuarial loss (gain)	243	265	349
Settlement/curtailment/termination losses	0	0	567
Net periodic benefit cost	(703)	(821)	249
Net actuarial loss (gain) arising during the period	4,155	577	(1,090)
Net Settlement/curtailment/termination losses	0	0	(567)
New prior service cost	0	0	0
Amortization of net actuarial (loss) gain recognized in net periodic pension cost	(243)	(265)	(349)
Amortization of prior service cost	0	0	0
Total recognized in other comprehensive income	3,912	312	(2,006)
Total recognized in net periodic benefit cost and other comprehensive income	$ 3,209	$ (509)	$ (1,757)
Discount rate used to determine net periodic pension cost	2.79%	2.44%	3.59%
Expected return on plan assets	5.75%	6%	6%
Other Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 4	$ 5	$ 6
Interest cost	12	14	13
Expected return on plan assets	0	0	0
Prior service cost recognized	0	0	485
Recognized actuarial loss (gain)	(76)	(3)	(90)
Settlement/curtailment/termination losses	0	0	0
Net periodic benefit cost	(60)	16	414
Net actuarial loss (gain) arising during the period	(48)	(221)	21
Net Settlement/curtailment/termination losses	0	0	0
New prior service cost	0	0	485
Amortization of net actuarial (loss) gain recognized in net periodic pension cost	76	3	90
Amortization of prior service cost	0	0	(485)
Total recognized in other comprehensive income	28	(218)	111
Total recognized in net periodic benefit cost and other comprehensive income	$ (32)	$ (202)	$ 525
Discount rate used to determine net periodic pension cost	2.35%	1.77%	2.91%

Employee Benefit and Deferred_6

Employee Benefit and Deferred Compensation Plans - Future Estimated Benefit Payments (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Pension Benefits Renasant
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2023	$ 2,187
2024	2,037
2025	2,032
2026	1,948
2027	1,871
2028 - 2032	8,700
Other Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2023	163
2024	69
2025	80
2026	74
2027	63
2028 - 2032	$ 158

Employee Benefit and Deferred_7

Employee Benefit and Deferred Compensation Plans - Amounts Recognized in AOCI (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Pension Benefits Renasant
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Prior service cost	$ 0
Actuarial loss (gain)	11,306
Total	11,306
Other Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Prior service cost	0
Actuarial loss (gain)	(271)
Total	$ (271)

Employee Benefit and Deferred_8

Employee Benefit and Deferred Compensation Plans - Amounts to be Amortized from AOCI (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Pension Benefits Renasant
Estimated costs that will be amortized from accumulated other comprehensive income into net periodic cost
Prior service cost	$ 0
Actuarial loss (gain)	243
Total	243
Other Benefits
Estimated costs that will be amortized from accumulated other comprehensive income into net periodic cost
Prior service cost	0
Actuarial loss (gain)	(76)
Total	$ (76)

Employee Benefit and Deferred_9

Employee Benefit and Deferred Compensation Plans - Categorization of Plan Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 20,854	$ 30,399
Cash and cash equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	66	42
Investments in collective trusts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	20,788	30,357
Quoted Prices In Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	66	42
Quoted Prices In Active Markets for Identical Assets (Level 1) | Cash and cash equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	66	42
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Other Observable Inputs (Level 2) | Cash and cash equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Significant Unobservable Inputs (Level 3) | Cash and cash equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Measured at NAV
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	20,788	30,357
Measured at NAV | Investments in collective trusts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 20,788	$ 30,357

Employee Benefit and Deferre_10

Employee Benefit and Deferred Compensation Plans - Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Shares
Outstanding at beginning of year (shares)	0	10,500	29,250
Granted (shares)	0	0	0
Exercised (shares)		(10,500)	(18,750)
Forfeited (shares)		0	0
Outstanding at end of year (shares)		0	10,500
Exercisable at end of year (shares)		0	10,500
Weighted Average Exercise Price
Outstanding at beginning of year (usd per share)	$ 0	$ 14.96	$ 15.86
Granted (usd per share)		0	0
Exercised (usd per share)		14.96	16.37
Forfeited (usd per share)		0	0
Outstanding at end of year (usd per share)		0	14.96
Exercisable at end of year (usd per share)		$ 0	$ 14.96
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Outstanding at end of year, Weighted Average Remaining Contractual Life (in years)		0 years	1 year
Exercisable at end of year, Weighted Average Remaining Contractual Life (in years)		0 years	1 year
Aggregate Intrinsic Value, Outstanding		$ 0	$ 191
Aggregate Intrinsic Value, Exercisable		$ 0	$ 191

Employee Benefit and Deferre_11

Employee Benefit and Deferred Compensation Plans - Restricted Stock (Details)	12 Months Ended
	Dec. 31, 2022 $ / shares shares
Performance- Based Restricted Stock
Summary of the changes in performance based stock
Nonvested at beginning of year (shares) | shares	146,561
Awarded (shares) | shares	81,308
Vested (shares) | shares	(66,566)
Forfeited and cancelled (shares) | shares	(5,465)
Nonvested at end of year (shares) | shares	155,838
Weighted Average Grant-Date Fair Value
Nonvested at beginning of year (usd per share) | $ / shares	$ 34.67
Awarded (usd per share) | $ / shares	38.45
Vested (usd per share) | $ / shares	35.42
Forfeited and cancelled (usd per share) | $ / shares	37.26
Nonvested at ending of year (usd per share) | $ / shares	$ 36.23
Time- Based Restricted Stock
Summary of the changes in performance based stock
Nonvested at beginning of year (shares) | shares	603,714
Awarded (shares) | shares	324,633
Vested (shares) | shares	(222,283)
Forfeited and cancelled (shares) | shares	(25,661)
Nonvested at end of year (shares) | shares	680,403
Weighted Average Grant-Date Fair Value
Nonvested at beginning of year (usd per share) | $ / shares	$ 34.48
Awarded (usd per share) | $ / shares	37.20
Vested (usd per share) | $ / shares	32.81
Forfeited and cancelled (usd per share) | $ / shares	37.20
Nonvested at ending of year (usd per share) | $ / shares	$ 36.23

Derivative Instruments - Schedu

Derivative Instruments - Schedule of Notional and Fair Value of Derivative Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Oct. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Derivative assets, fair value	$ 36,493			$ 8,007
Derivative liabilities, fair value	$ 22,056			13,436
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets
Interest Rate Collar
Derivatives, Fair Value [Line Items]
Interest rate collar, floor rate (percent)		2.75%	2.25%
Interest rate collar, cap rate (percent)		4.75%	4.57%
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative assets, notional amount	$ 405,547			776,388
Derivative assets, fair value	13,069			10,682
Derivative liabilities, notional amount	351,134			525,408
Derivative liabilities, fair value	12,650			5,490
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative assets, notional amount	330,000			100,000
Derivative assets, fair value	24,978			7,016
Derivative liabilities, notional amount	250,000			62,000
Derivative liabilities, fair value	746			2,902
Other Assets | Not Designated as Hedging Instrument | Interest rate contracts
Derivatives, Fair Value [Line Items]
Derivative assets, notional amount	258,646			185,447
Derivative assets, fair value	11,354			4,711
Other Assets | Not Designated as Hedging Instrument | Interest rate lock commitments
Derivatives, Fair Value [Line Items]
Derivative assets, notional amount	62,901			310,941
Derivative assets, fair value	1,231			5,304
Other Assets | Not Designated as Hedging Instrument | Forward commitments
Derivatives, Fair Value [Line Items]
Derivative assets, notional amount	84,000			280,000
Derivative assets, fair value	484			667
Other Assets | Designated as Hedging Instrument | Interest rate swaps | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Derivative assets, notional amount	130,000			100,000
Derivative assets, fair value	24,514			7,016
Other Assets | Designated as Hedging Instrument | Interest rate collars | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Derivative assets, notional amount	200,000			0
Derivative assets, fair value	464			0
Other Liabilities | Not Designated as Hedging Instrument | Interest rate contracts
Derivatives, Fair Value [Line Items]
Derivative liabilities, notional amount	258,646			185,447
Derivative liabilities, fair value	11,354			4,711
Other Liabilities | Not Designated as Hedging Instrument | Interest rate lock commitments
Derivatives, Fair Value [Line Items]
Derivative liabilities, notional amount	19,488			19,961
Derivative liabilities, fair value	98			43
Other Liabilities | Not Designated as Hedging Instrument | Forward commitments
Derivatives, Fair Value [Line Items]
Derivative liabilities, notional amount	73,000			320,000
Derivative liabilities, fair value	1,198			736
Other Liabilities | Designated as Hedging Instrument | Interest rate swaps | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Derivative liabilities, notional amount	0			62,000
Derivative liabilities, fair value	0			2,902
Other Liabilities | Designated as Hedging Instrument | Interest rate swaps | Fair Value Hedging
Derivatives, Fair Value [Line Items]
Derivative liabilities, notional amount	100,000			100,000
Derivative liabilities, fair value	19,789			5,411
Other Liabilities | Designated as Hedging Instrument | Interest rate collars | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Derivative liabilities, notional amount	250,000			0
Derivative liabilities, fair value	$ 746			$ 0

Derivative Instruments - Gains

Derivative Instruments - Gains (Losses) of Derivative Instruments (Details) - Not Designated as Hedging Instrument - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Gains (losses) on derivatives financial instruments included in the Consolidated Statements of Income
Gains (losses) on derivative financial instruments	$ (2,303)	$ (7,515)	$ 13,267
Interest rate contracts
Gains (losses) on derivatives financial instruments included in the Consolidated Statements of Income
Gains (losses) on derivative financial instruments	$ 2,470	$ 2,027	$ 2,051
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest and Fee Income, Loans and Leases	Interest and Fee Income, Loans and Leases	Interest and Fee Income, Loans and Leases
Interest rate lock commitments
Gains (losses) on derivatives financial instruments included in the Consolidated Statements of Income
Gains (losses) on derivative financial instruments	$ (4,128)	$ (14,563)	$ 15,249
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Mortgage banking income	Mortgage banking income	Mortgage banking income
Forward commitments
Gains (losses) on derivatives financial instruments included in the Consolidated Statements of Income
Gains (losses) on derivative financial instruments	$ (645)	$ 5,021	$ (4,033)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Mortgage banking income	Mortgage banking income	Mortgage banking income

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Details) $ in Thousands		1 Months Ended	12 Months Ended
	Oct. 31, 2021 USD ($) derivativeInstrument	Dec. 31, 2020 USD ($) derivativeInstrument	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Number of derivative instruments terminated | derivativeInstrument	4	2
Notional amount of terminated instruments	$ 25,000	$ 15,000			$ 15,000
Gain (loss) on termination of interest rate swap contracts			$ 0	$ 4,676	0
Swap termination charges			$ 0	$ 0	$ 2,040

Derivative Instruments - Fair V

Derivative Instruments - Fair Value Hedge Impact on Statement of Income (Details) - Interest rate swaps - Designated as Hedging Instrument - Interest Expense - Fair Value Hedging - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Change in unrealized gain (loss) on fair value hedging instruments	$ (14,378)	$ (5,202)	$ (209)
Change in unrealized gain (loss) on hedged item in fair value hedge	$ 14,378	$ 5,202	$ 209

Derivative Instruments - Fair_2

Derivative Instruments - Fair Value Hedge Impact on Balance Sheet (Details) - Long-term debt - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Carrying Amount of the Hedged Liability	$ 78,881	$ 93,085
Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of the Hedged Liability	$ 19,789	$ 5,411

Derivative Instruments - Offset

Derivative Instruments - Offsetting Derivatives (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Offsetting Derivative Assets
Gross amounts recognized	$ 36,493	$ 8,007
Gross amounts offset in the consolidated balance sheets	0	0
Net amounts presented in the consolidated balance sheets	36,493	8,007
Financial instruments	22,056	7,208
Financial collateral pledged	0	0
Net amounts	14,437	799
Offsetting Derivative Liabilities
Gross amounts recognized	22,056	13,436
Gross amounts offset in the consolidated balance sheets	0	0
Net amounts presented in the consolidated balance sheets	22,056	13,436
Financial instruments	22,056	7,208
Financial collateral pledged	0	6,228
Net amounts	$ 0	$ 0

Income Taxes - Components of In

Income Taxes - Components of Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current
Federal	$ 39,507	$ 34,629	$ 30,193
State	3,453	895	3,309
Total	42,960	35,524	33,502
Deferred
Federal	1,630	9,168	(10,947)
State	650	2,243	(2,715)
Total	2,280	11,411	(13,662)
Total income tax expense	$ 45,240	$ 46,935	$ 19,840

Income Taxes - Income Tax Recon

Income Taxes - Income Tax Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Reconciliation of income taxes computed at the United States federal statutory tax rates
Tax at U.S. statutory rate	$ 44,375	$ 46,794	$ 21,733
Increase (decrease) in taxes resulting from:
Tax-exempt interest income	(1,832)	(1,669)	(1,431)
BOLI income	(1,946)	(1,547)	(1,182)
Investment tax credits	(928)	(988)	(1,494)
Amortization of investment in low-income housing tax credits	683	817	1,280
State income tax expense, net of federal benefit	3,241	2,479	469
Other items, net	1,647	1,049	465
Total income tax expense	$ 45,240	$ 46,935	$ 19,840

Income Taxes - Components of De

Income Taxes - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets
Allowance for credit losses	$ 52,551	$ 50,712
Loans	2,518	2,855
Deferred compensation	14,447	14,522
Net unrealized losses on securities	70,999	3,545
Impairment of assets	316	392
Net operating loss carryforwards	497	1,211
Investments in partnerships	1,164	890
Lease liabilities under operating leases	14,641	17,106
Other	3,523	3,241
Total deferred tax assets	160,656	94,474
Deferred tax liabilities
Fixed assets	10,342	5,339
Mortgage servicing rights	19,624	20,779
Junior subordinated debt	1,948	2,130
Intangibles	2,702	3,177
Lease right-of-use asset	14,018	16,209
Other	1,614	1,607
Total deferred tax liabilities	50,248	49,241
Net deferred tax assets	$ 110,408	$ 45,233

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2018	Jul. 31, 2015
Operating Loss Carryforwards [Line Items]
Effective tax rate	21.78%	22.41%
Operating loss carryforwards allowance	$ 0
Accrued interest and penalties related to unrecognized tax benefits	17,000	$ 15,000	$ 18,000
Federal
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	1,101,000	2,065,000
State
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	5,666,000	$ 16,954,000
Brand Group Holdings, Inc. | Federal
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards				$ 81,288,000
Brand Group Holdings, Inc. | State
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards				$ 55,067,000
Operating loss carryforwards, not subject to expiration	5,388,000
Heritage Financial Group | Federal
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	1,101,000				$ 18,321,000
Heritage Financial Group | State
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 278,000				$ 16,849,000

Income Taxes - Net Operating Lo

Income Taxes - Net Operating Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Federal
Operating Loss Carryforwards [Line Items]
Net Operating Losses	$ 1,101	$ 2,065
State
Operating Loss Carryforwards [Line Items]
Net Operating Losses	$ 5,666	$ 16,954

Income Taxes - Income Tax Benef

Income Taxes - Income Tax Benefit Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Reconciliation of unrecognized tax benefits
Balance at January 1	$ 408	$ 402	$ 667
Additions based on positions related to current period	65	62	101
Reductions based on positions related to prior period	0	0	(314)
Reductions due to lapse of statute of limitations	(66)	(56)	(52)
Balance at December 31	$ 407	$ 408	$ 402

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value of Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financial assets:
Securities available for sale, at fair value	$ 1,533,942	$ 2,386,052
Derivative instruments	36,493	8,007
Financial liabilities:
Derivative instruments	22,056	13,436
Recurring
Financial assets:
Securities available for sale, at fair value	1,533,942	2,386,052
Derivative instruments	38,047	17,698
Mortgage loans held for sale in loans held for sale	110,105	453,533
Total financial assets	1,682,094	2,857,283
Financial liabilities:
Derivative instruments	33,185	13,803
Recurring | Securities available for sale
Financial assets:
Securities available for sale, at fair value	1,533,942	2,386,052
Recurring | Trust preferred securities
Financial assets:
Securities available for sale, at fair value		0
Recurring | Level 1
Financial assets:
Securities available for sale, at fair value	0	0
Derivative instruments	0	0
Mortgage loans held for sale in loans held for sale	0	0
Total financial assets	0	0
Financial liabilities:
Derivative instruments	0	0
Recurring | Level 1 | Securities available for sale
Financial assets:
Securities available for sale, at fair value	0	0
Recurring | Level 1 | Trust preferred securities
Financial assets:
Securities available for sale, at fair value		0
Recurring | Level 2
Financial assets:
Securities available for sale, at fair value	1,533,942	2,386,052
Derivative instruments	38,047	17,698
Mortgage loans held for sale in loans held for sale	110,105	453,533
Total financial assets	1,682,094	2,857,283
Financial liabilities:
Derivative instruments	33,185	13,803
Recurring | Level 2 | Securities available for sale
Financial assets:
Securities available for sale, at fair value	1,533,942	2,386,052
Recurring | Level 2 | Trust preferred securities
Financial assets:
Securities available for sale, at fair value		0
Recurring | Level 3
Financial assets:
Securities available for sale, at fair value	0	0
Derivative instruments	0	0
Mortgage loans held for sale in loans held for sale	0	0
Total financial assets	0	0
Financial liabilities:
Derivative instruments	0	0
Recurring | Level 3 | Securities available for sale
Financial assets:
Securities available for sale, at fair value	$ 0	0
Recurring | Level 3 | Trust preferred securities
Financial assets:
Securities available for sale, at fair value		$ 0

Fair Value Measurements - Recon

Fair Value Measurements - Reconciliation for Assets and Liabilities Measured at Fair Value (Details) - Trust preferred securities $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)
Reconciliation for assets and liabilities measured at fair value on a recurring basis
Beginning balance	$ 9,012
Accretion included in net income	8
Realized losses included in net income, net of premium amortization	2,060
Unrealized losses included in other comprehensive income	941
Sales	(12,021)
Ending balance	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Realized (gains) losses included in net income, net of premium amortization	$ 0	$ 0
Impaired loans not covered under loss-share agreements	18,288,000	12,939,000
Specific reserve included in allowance for loan losses	192,090,000	164,171,000	$ 176,144,000
Changes in fair value, gain (loss)	(9,854,000)	(10,354,000)	$ 12,057,000
Impaired Loans, Not Covered
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Specific reserve included in allowance for loan losses	$ 3,556,000	$ 5,011,000

Fair Value Measurements - Fai_2

Fair Value Measurements - Fair Value of Assets Measured on Nonrecurring Basis (Details) - Nonrecurring - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually evaluated loans, net of allowance for credit losses	$ 14,732	$ 7,928
OREO	1,763	2,540
Total financial assets	16,495	10,468
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually evaluated loans, net of allowance for credit losses	0	0
OREO	0	0
Total financial assets	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually evaluated loans, net of allowance for credit losses	0	0
OREO	0	0
Total financial assets	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually evaluated loans, net of allowance for credit losses	14,732	7,928
OREO	1,763	2,540
Total financial assets	$ 16,495	$ 10,468

Fair Value Measurements - Measu

Fair Value Measurements - Measurement of OREO (Details) - Nonrecurring - Level 3 - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
OREO measured at fair value on a nonrecurring basis
Carrying amount prior to remeasurement	$ 1,842	$ 2,556
Impairment recognized in results of operations	(79)	(16)
Fair value	$ 1,763	$ 2,540

Fair Value Measurements - Mea_2

Fair Value Measurements - Measurement Inputs (Details) - Level 3 $ in Thousands	Dec. 31, 2022 USD ($)
Individually evaluated loans, net of allowance for credit losses
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value	$ 14,732
OREO
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value	$ 1,763
Measurement input, price volatility | Minimum | Individually evaluated loans, net of allowance for credit losses
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Debt instrument, measurement input range	0.04
Measurement input, price volatility | Minimum | OREO
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
OREO, measurement input range	0.04
Measurement input, price volatility | Maximum | Individually evaluated loans, net of allowance for credit losses
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Debt instrument, measurement input range	0.10
Measurement input, price volatility | Maximum | OREO
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
OREO, measurement input range	0.10

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Differences Between Fair Value and Principal Value (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Aggregate Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage loans held for sale measured at fair value	$ 110,105	$ 453,533
Aggregate Unpaid Principal Balance
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage loans held for sale measured at fair value	108,143	441,717
Difference
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage loans held for sale measured at fair value	$ 1,962	$ 11,816

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amounts and Estimated Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financial assets
Securities held to maturity	$ 1,206,540	$ 415,552
Securities available for sale	1,533,942	2,386,052
Loans held for sale	110,105	453,533
Loans, net	11,386,214	9,856,743
Mortgage servicing rights	84,448	89,018	$ 62,994
Derivative instruments	36,493	8,007
Financial liabilities
Derivative instruments	22,056	13,436
Carrying Value
Financial assets
Cash and cash equivalents	575,992	1,877,965
Securities held to maturity	1,324,040	416,357
Securities available for sale	1,533,942	2,386,052
Loans held for sale	110,105	453,533
Loans, net	11,386,214	9,856,743
Mortgage servicing rights	84,448	89,018
Derivative instruments	38,047	17,698
Financial liabilities
Deposits	13,486,966	13,905,724
Short-term borrowings	712,232	13,947
Federal Home Loan Bank advances		417
Junior subordinated debentures	112,042	111,373
Subordinated notes	316,091	359,419
Derivative instruments	33,185	13,803
Fair Value
Financial assets
Cash and cash equivalents	575,992	1,877,965
Securities held to maturity	1,206,540	415,552
Securities available for sale	1,533,942	2,386,052
Loans held for sale	110,105	453,533
Loans, net	10,850,181	9,690,604
Mortgage servicing rights	122,454	99,425
Derivative instruments	38,047	17,698
Financial liabilities
Deposits	13,445,417	13,902,739
Short-term borrowings	712,232	13,947
Federal Home Loan Bank advances		422
Junior subordinated debentures	98,754	106,682
Subordinated notes	277,500	373,950
Derivative instruments	33,185	13,803
Fair Value | Level 1
Financial assets
Cash and cash equivalents	575,992	1,877,965
Securities held to maturity	0	0
Securities available for sale	0	0
Loans held for sale	0	0
Loans, net	0	0
Mortgage servicing rights	0	0
Derivative instruments	0	0
Financial liabilities
Deposits	11,791,526	12,494,342
Short-term borrowings	712,232	13,947
Federal Home Loan Bank advances		0
Junior subordinated debentures	0	0
Subordinated notes	0	0
Derivative instruments	0	0
Fair Value | Level 2
Financial assets
Cash and cash equivalents	0	0
Securities held to maturity	1,206,540	415,552
Securities available for sale	1,533,942	2,386,052
Loans held for sale	110,105	453,533
Loans, net	0	0
Mortgage servicing rights	0	0
Derivative instruments	38,047	17,698
Financial liabilities
Deposits	1,653,891	1,408,397
Short-term borrowings	0	0
Federal Home Loan Bank advances		422
Junior subordinated debentures	98,754	106,682
Subordinated notes	277,500	373,950
Derivative instruments	33,185	13,803
Fair Value | Level 3
Financial assets
Cash and cash equivalents	0	0
Securities held to maturity	0	0
Securities available for sale	0	0
Loans held for sale	0	0
Loans, net	10,850,181	9,690,604
Mortgage servicing rights	122,454	99,425
Derivative instruments	0	0
Financial liabilities
Deposits	0	0
Short-term borrowings	0	0
Federal Home Loan Bank advances		0
Junior subordinated debentures	0	0
Subordinated notes	0	0
Derivative instruments	$ 0	$ 0

Other Comprehensive Income (L_3

Other Comprehensive Income (Loss) - Changes in Components of OCI (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total other comprehensive income (loss), pre-tax	$ (264,687)	$ (47,635)	$ 32,600
Total other comprehensive income (loss), tax expense (benefit)	(66,093)	(12,124)	8,296
Other comprehensive (loss) income, net of tax	(198,594)	(35,511)	24,304
Securities available for sale:
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income gain (loss), before reclassifications, pre-tax	(285,829)	(51,470)	27,788
Other comprehensive income gain (loss) before reclassifications, tax expense (benefit)	(71,478)	(13,099)	7,071
Other comprehensive income gain (loss), before reclassifications, net of tax	(214,351)	(38,371)	20,717
Reclassification from AOCI, pre-tax		(2,170)	(46)
Reclassification from AOCI, tax expense (benefit)		(552)	(12)
Reclassification from AOCI, net of tax		(1,618)	(34)
Total other comprehensive income (loss), pre-tax	(280,865)	(53,713)	27,742
Total other comprehensive income (loss), tax expense (benefit)	(70,215)	(13,670)	7,059
Other comprehensive (loss) income, net of tax	(210,650)	(40,043)	20,683
Amortization of unrealized holding gains (losses) on securities transferred to the held to maturity category
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification from AOCI, pre-tax	4,964	(73)
Reclassification from AOCI, tax expense (benefit)	1,263	(19)
Reclassification from AOCI, net of tax	3,701	(54)
Derivative instruments:
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income gain (loss), before reclassifications, pre-tax	20,118	10,848	923
Other comprehensive income gain (loss) before reclassifications, tax expense (benefit)	5,125	2,761	235
Other comprehensive income gain (loss), before reclassifications, net of tax	14,993	8,087	688
Reclassification from AOCI, pre-tax		(4,676)	2,040
Reclassification from AOCI, tax expense (benefit)		(1,190)	519
Reclassification from AOCI, net of tax		(3,486)	1,521
Total other comprehensive income (loss), pre-tax	20,118	6,172	2,963
Total other comprehensive income (loss), tax expense (benefit)	5,125	1,571	754
Other comprehensive (loss) income, net of tax	14,993	4,601	2,209
Net gain (loss) arising during the period
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income gain (loss), before reclassifications, pre-tax	(4,107)	(356)	1,069
Other comprehensive income gain (loss) before reclassifications, tax expense (benefit)	(1,045)	(92)	272
Other comprehensive income gain (loss), before reclassifications, net of tax	(3,062)	(264)	797
Reclassification adjustment for settlement loss related to the VERP realized in net income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification from AOCI, pre-tax			567
Reclassification from AOCI, tax expense (benefit)			145
Reclassification from AOCI, net of tax			422
New prior service cost
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification from AOCI, pre-tax			(485)
Reclassification from AOCI, tax expense (benefit)			(123)
Reclassification from AOCI, net of tax			(362)
Amortization of net actuarial loss recognized in net periodic pension cost
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification from AOCI, pre-tax	167	262	259
Reclassification from AOCI, tax expense (benefit)	42	67	66
Reclassification from AOCI, net of tax	125	195	193
Amortization of prior service cost
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification from AOCI, pre-tax			485
Reclassification from AOCI, tax expense (benefit)			123
Reclassification from AOCI, net of tax			362
Total defined benefit pension and post-retirement benefit plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total other comprehensive income (loss), pre-tax	(3,940)	(94)	1,895
Total other comprehensive income (loss), tax expense (benefit)	(1,003)	(25)	483
Other comprehensive (loss) income, net of tax	$ (2,937)	$ (69)	$ 1,412

Other Comprehensive Income (L_4

Other Comprehensive Income (Loss) - Schedule of AOCI (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accumulated balances for component of other comprehensive income, net of tax
Unrealized (losses) gains on securities	$ (219,766)	$ (9,116)	$ 42,246
Non-credit related portion of other-than-temporary impairment on securities	0	0	(11,319)
Unrealized gains (losses) on derivative instruments	18,956	3,963	(638)
Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations	(8,227)	(5,290)	(5,221)
Total accumulated other comprehensive (loss) income	$ (209,037)	$ (10,443)	$ 25,068

Net Income Per Common Share - B

Net Income Per Common Share - Basic and Diluted Net Income Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Basic
Net income applicable to common stock	$ 166,068	$ 175,892	$ 83,651
Average common shares outstanding (shares)	55,904,579	56,114,666	56,270,566
Net income per common share - basic (usd per share)	$ 2.97	$ 3.13	$ 1.49
Diluted
Net income applicable to common stock	$ 166,068	$ 175,892	$ 83,651
Average common shares outstanding (shares)	55,904,579	56,114,666	56,270,566
Effect of dilutive stock-based compensation (shares)	309,651	309,818	197,599
Average common shares outstanding - diluted (shares)	56,214,230	56,424,484	56,468,165
Net income per common share - diluted (usd per share)	$ 2.95	$ 3.12	$ 1.48

Net Income Per Common Share - P

Net Income Per Common Share - Potentially Dilutive Shares (Details) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-Based Payment Arrangement, Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares (shares)	9,250	0	245,146

Commitments, Contingent Liabi_2

Commitments, Contingent Liabilities and Financial Instruments with Off-Balance Sheet Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Unfunded loan commitments	$ 3,577,614	$ 3,104,940
Letters of credit outstanding	$ 98,357	$ 89,830

Restrictions on Cash, Securit_2

Restrictions on Cash, Securities, Bank Dividends, Loans or Advances (Details)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Mar. 26, 2020 USD ($)
Regulated Operations [Abstract]
Reserve requirements with federal reserve			$ 0
FHLB stock	$ 36,079,000	$ 8,272,000
FHLB required investment amount	$ 35,417,000	$ 5,984,000
Regulatory restrictions on payments of dividends, excess surplus ratio	10
Amount transferable loans maximum	$ 178,131,000
Line of credit collateralized by cash	3,000,000
Company borrowings	$ 0

Regulatory Matters - Capital Ti

Regulatory Matters - Capital Tier Classifications (Details)	Dec. 31, 2022
Banking and Thrift, Interest [Abstract]
Tier 1 Capital to Average Assets (Leverage), Well capitalized	0.05
Tier 1 Capital to Average Assets (Leverage), Adequately capitalized	0.04
Tier 1 Capital to Average Assets (Leverage), Undercapitalized	4%
Tier 1 Capital to Average Assets (Leverage), Significantly undercapitalized	3%
Common Equity Tier 1 to Risk-Weighted Assets, Well capitalized	6.50%
Common Equity Tier 1 to Risk-Weighted Assets, Adequately capitalized	4.50%
Common Equity Tier 1 to Risk-Weighted Assets, Undercapitalized	4.50%
Common Equity Tier 1 to Risk-Weighted Assets, Significantly undercapitalized	3%
Tier 1 Capital to Risk-Weighted Assets, Well capitalized	0.08
Tier 1 Capital to Risk-Weighted Assets, Adequately capitalized	0.06
Tier 1 Capital to Risk-Weighted Assets, Undercapitalized	6%
Tier 1 Capital to Risk-Weighted Assets, Significantly undercapitalized	4%
Total Capital to Risk-Weighted Assets, Well capitalized	0.10
Total Capital to Risk-Weighted Assets, Adequately capitalized	0.08
Total Capital to Risk-Weighted Assets, Undercapitalized	8%
Total Capital to Risk-Weighted Assets, Significantly undercapitalized	6%
Critically undercapitalized	2%

Regulatory Matters - Capital an

Regulatory Matters - Capital and Risk-based Capital and Leverage Ratios (Details) $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Average Assets (Leverage) - Amount	$ 108,450
Renasant Corporation
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Average Assets (Leverage) - Amount	$ 1,481,197	$ 1,422,077
Tier 1 Capital to Average Assets (Leverage) - Ratio	0.0936	0.0915
Common Equity Tier 1 Capital to Risk-Weighted Assets - Amount	$ 1,372,747	$ 1,314,295
Common Equity Tier 1 Capital to Risk-Weighted Assets - Ratio	10.21%	11.18%
Tier 1 Capital to Risk-Weighted Assets - Amount	$ 1,481,197	$ 1,422,077
Tier 1 Capital to Risk-Weighted Assets - Ratio	0.1101	0.1210
Total Capital to Risk-Weighted Assets - Amount	$ 1,968,001	$ 1,897,167
Total Capital to Risk-Weighted Assets - Ratio	0.1463	0.1614
Renasant Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Average Assets (Leverage) - Amount	$ 1,630,389	$ 1,580,904
Tier 1 Capital to Average Assets (Leverage) - Ratio	0.1030	0.1018
Common Equity Tier 1 Capital to Risk-Weighted Assets - Amount	$ 1,630,389	$ 1,580,904
Common Equity Tier 1 Capital to Risk-Weighted Assets - Ratio	12.10%	13.46%
Tier 1 Capital to Risk-Weighted Assets - Amount	$ 1,630,389	$ 1,580,904
Tier 1 Capital to Risk-Weighted Assets - Ratio	0.1210	0.1346
Total Capital to Risk-Weighted Assets - Amount	$ 1,781,312	$ 1,697,163
Total Capital to Risk-Weighted Assets - Ratio	0.1322	0.1444

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Net interest income	$ 481,298	$ 424,001	$ 426,797
Provision for credit losses	23,788	(1,668)	86,850
Noninterest income	149,253	226,984	235,532
Noninterest expense	395,455	429,826	471,988
Income before income taxes	211,308	222,827	103,491
Income taxes	45,240	46,935	19,840
Net income (loss)	166,068	175,892	83,651
Total assets	16,988,176	16,810,311	14,929,612
Goodwill	991,708	939,683	939,683
Community Banks
Segment Reporting Information [Line Items]
Goodwill	988,941	936,916	936,916
Insurance
Segment Reporting Information [Line Items]
Goodwill	2,767	2,767	2,767
Operating Segments | Community Banks
Segment Reporting Information [Line Items]
Net interest income	498,673	437,435	437,101
Provision for credit losses	23,788	(1,668)	86,850
Noninterest income	114,263	195,214	208,721
Noninterest expense	366,767	404,066	448,475
Income before income taxes	222,381	230,251	110,497
Income taxes	50,425	50,749	22,892
Net income (loss)	171,956	179,502	87,605
Total assets	16,882,534	16,694,710	14,814,726
Goodwill	988,941	936,916	936,916
Operating Segments | Insurance
Segment Reporting Information [Line Items]
Net interest income	619	454	566
Provision for credit losses	0	0	0
Noninterest income	11,821	11,370	10,403
Noninterest expense	8,442	8,060	7,751
Income before income taxes	3,998	3,764	3,218
Income taxes	1,046	981	837
Net income (loss)	2,952	2,783	2,381
Total assets	37,567	33,544	30,375
Goodwill	2,767	2,767	2,767
Operating Segments | Wealth Management
Segment Reporting Information [Line Items]
Net interest income	2,793	1,657	1,658
Provision for credit losses	0	0	0
Noninterest income	24,839	22,185	18,061
Noninterest expense	18,664	16,475	14,940
Income before income taxes	8,968	7,367	4,779
Income taxes	0	0	0
Net income (loss)	8,968	7,367	4,779
Total assets	75,383	65,015	71,266
Goodwill	0	0	0
Other
Segment Reporting Information [Line Items]
Net interest income	(20,787)	(15,545)	(12,528)
Provision for credit losses	0	0	0
Noninterest income	(1,670)	(1,785)	(1,653)
Noninterest expense	1,582	1,225	822
Income before income taxes	(24,039)	(18,555)	(15,003)
Income taxes	(6,231)	(4,795)	(3,889)
Net income (loss)	(17,808)	(13,760)	(11,114)
Total assets	(7,308)	17,042	13,245
Goodwill	$ 0	$ 0	$ 0

Renasant Corporation (Parent _3

Renasant Corporation (Parent Company Only) Condensed Financial Information - Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 575,992	$ 1,877,965
Accrued interest receivable on bank balances	49,850	41,692
Other assets	298,385	183,841
Total assets	16,988,176	16,810,311	$ 14,929,612
Liabilities and shareholders’ equity
Other liabilities	224,829	209,578
Shareholders’ equity	2,136,016	2,209,853	$ 2,132,733	$ 2,125,689
Total liabilities and shareholders’ equity	16,988,176	16,810,311
Renasant Corporation
Assets
Cash and cash equivalents	167,727	184,426
Investments	0	2,009
Investment in bank subsidiary	2,391,721	2,477,917
Accrued interest receivable on bank balances	3	4
Other assets	28,468	28,751
Total assets	2,587,919	2,693,107
Liabilities and shareholders’ equity
Junior subordinated debentures	112,042	111,373
Subordinated notes	316,091	359,419
Other liabilities	23,770	12,462
Shareholders’ equity	2,136,016	2,209,853
Total liabilities and shareholders’ equity	2,587,919	2,693,107
Cash collateral	$ 1,889	$ 1,857

Renasant Corporation (Parent _4

Renasant Corporation (Parent Company Only) Condensed Financial Information - Statements of Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income
Other dividends	$ 8,853	$ 1,689	$ 1,189
Total noninterest income	149,253	226,984	235,532
Expenses	60,512	44,684	71,335
Income tax benefit	45,240	46,935	19,840
Net income (loss)	166,068	175,892	83,651
Renasant Corporation
Income
Dividends from bank subsidiary	68,114	80,965	81,443
Interest income from bank subsidiary	5	7	9
Other dividends	134	80	93
Other income	85	32	74
Total noninterest income	68,338	81,084	81,619
Expenses	24,264	18,661	15,179
Income before income taxes	44,074	62,423	66,440
Income tax benefit	(6,231)	(4,795)	(3,889)
Equity in undistributed net income of bank subsidiary	115,763	108,674	13,322
Net income (loss)	$ 166,068	$ 175,892	$ 83,651

Renasant Corporation (Parent _5

Renasant Corporation (Parent Company Only) Condensed Financial Information - Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating activities
Net income	$ 166,068	$ 175,892	$ 83,651
Adjustments to reconcile net income to net cash provided by operating activities:
Increase (decrease) in other assets	(29,671)	(20,812)	(59,224)
Increase in other liabilities	(6,196)	(42,920)	27,077
Net cash provided by operating activities	574,045	142,659	82,242
Investing activities
Purchases of securities available for sale	(713,096)	(2,107,934)	(515,657)
Other, net	3,127	3,663	1,446
Net cash used in investing activities	(2,043,657)	(660,003)	(1,265,548)
Financing activities
Cash paid for dividends	(49,991)	(50,017)	(50,134)
Repurchase of shares in connection with stock repurchase program	0	(21,315)	(24,569)
Repayment of long-term debt	(32,417)	(202,873)	(171)
Proceeds from long-term debt	0	197,061	98,266
Net cash provided by financing activities	167,639	1,762,106	1,401,579
Net (decrease) increase in cash and cash equivalents	(1,301,973)	1,244,762	218,273
Cash and cash equivalents at beginning of year	1,877,965	633,203	414,930
Cash and cash equivalents at end of year	575,992	1,877,965	633,203
Renasant Corporation
Operating activities
Net income	166,068	175,892	83,651
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed net income of bank subsidiary	(115,763)	(108,674)	(13,322)
Amortization/depreciation	1,478	891	692
Increase (decrease) in other assets	284	(5,628)	(256)
Increase in other liabilities	9,225	6,952	10,932
Net cash provided by operating activities	61,292	69,433	81,697
Investing activities
Purchases of securities available for sale	0	0	(6,104)
Sales and maturities of securities and available for sale	2,000	5,100	541
Other, net	0	(100,000)	0
Net cash used in investing activities	2,000	(94,900)	(5,563)
Financing activities
Cash paid for dividends	(49,991)	(50,017)	(50,134)
Repurchase of shares in connection with stock repurchase program	0	(21,315)	(24,569)
Repayment of long-term debt	(30,000)	(45,000)	0
Proceeds from long-term debt	0	197,061	98,266
Net cash provided by financing activities	(79,991)	80,729	23,563
Net (decrease) increase in cash and cash equivalents	(16,699)	55,262	99,697
Cash and cash equivalents at beginning of year	184,426	129,164	29,467
Cash and cash equivalents at end of year	$ 167,727	$ 184,426	$ 129,164

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Net investment in lease	$ 44,049	$ 24,979
Net investment in lease, current	37,301	19,646
Residual value of leased asset	12,875	8,323
Net investment in lease, noncurrent	6,127	2,990
Lease income	903	698
Right-of-use lease asset	54,930	63,547
Lease liability	57,369	67,067
Rental expense	$ 7,623	$ 8,298	$ 10,044

Leases - Lessor Maturity (Detai

Leases - Lessor Maturity (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Leases [Abstract]
2023	$ 476
2024	810
2025	995
2026	1,254
2027	8,289
Thereafter	32,225
Total lease receivables	$ 44,049

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease cost (cost resulting from lease payments)	$ 7,847	$ 8,868
Short-term lease cost	29	93
Variable lease cost (cost excluded from lease payments)	1,056	1,195
Sublease income	(624)	(658)
Net lease cost	8,308	9,498
Operating lease - operating cash flows (fixed payments)	9,528	8,666
Operating lease - operating cash flows (liability reduction)	$ 7,789	$ 6,640
Weighted average lease term - operating leases (in years) (at period end)	17 years 11 months 15 days	17 years 3 months
Weighted average discount rate - operating leases (at period end)	3.02%	3.01%
Right-of-use assets obtained in exchange for new lease liabilities - operating leases	$ 3,475	$ 8,142

Leases - Operating Lease Maturi

Leases - Operating Lease Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Topic 842
2023	$ 7,342
2024	6,320
2025	5,207
2026	4,758
2027	4,156
Thereafter	48,292
Total undiscounted cash flows	76,075
Discount on cash flows	18,706
Total operating lease liabilities	$ 57,369	$ 67,067

Uncategorized Items - rnst-2022

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2016-13 [Member]