Exhibit 99.1

Contact:	John Oxford	Stuart Johnson
	Vice President	Senior Executive Vice President
	Director of External Affairs	Chief Financial Officer
	(662) 680-1219	(662) 680-1472
	joxford@renasant.com	stuartj@renasant.com

RENASANT CORPORATION ANNOUNCES

2009 FOURTH QUARTER AND YEAR END

EARNINGS RESULTS

TUPELO, MISSISSIPPI (January 19, 2010) – Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced its earnings results for 2009. Net income for 2009 was $18,518,000 as compared to $24,052,000 for 2008. Basic and diluted earnings per share were $0.88 and $0.87, respectively, for 2009 compared to basic and diluted earnings per share of $1.15 and $1.14, respectively, for 2008.

For the fourth quarter of 2009, net income was $4,031,000 as compared to $232,000 for the fourth quarter of 2008. Basic and diluted earnings per share were $0.19 for the fourth quarter of 2009, compared to basic and diluted earnings per share of $0.01 for the fourth quarter of 2008. The increase in fourth quarter 2009 net income and earnings per share as compared to 2008 is primarily due to a lower provision for loan losses during the fourth quarter of 2009.

“At the beginning of last year we stated that the Company’s success would be determined by management’s ability to preserve margin, minimize credit losses, grow noninterest income and reduce noninterest expense—all of which would result in continued enhancement of our strong capital position,” commented Renasant Chairman and Chief Executive Officer, E. Robinson McGraw. “Looking back,

after experiencing margin compression through the second quarter of 2009, we grew margin during the second half of the year, continued to reduce our construction and development loans, grew noninterest income and reduced noninterest expense notwithstanding the special assessment levied by the FDIC during the second quarter of 2009.”

Total deposits grew to $2.58 billion at December 31, 2009 as compared to approximately $2.34 billion at December 31, 2008. Included within this growth is an increase in noninterest bearing deposits of $20.7 million and an increase in retail interest bearing deposits of $288.2 million. This growth allowed the Company to reduce public fund deposits by $80.6 million and borrowings by $315.9 million during 2009.

“The Company experienced strong deposit growth due to management’s strategic efforts to acquire lower costing and noninterest bearing deposits while reducing reliance on higher costing sources of funds. This growth in deposits will allow us to continue to reduce higher cost borrowings,” stated McGraw.

Total loans were approximately $2.35 billion at the end of 2009 as compared to approximately $2.53 billion at December 31, 2008.

“During 2009, total loans declined year-over-year as new loan production did not keep pace with our efforts to have our construction and development loan portfolios, which have been more negatively impacted by the economic downturn, pay off and pay down. During 2009, our construction and development loan portfolio decreased an additional $150 million,” said McGraw.

Total assets as of December 31, 2009 were approximately $3.64 billion as compared to approximately $3.72 billion for December 31, 2008.

Shareholders’ equity was $410,122,000 at December 31, 2009 as compared to $400,371,000 at December 31, 2008. The change in shareholders’ equity reflects earnings less dividends paid and changes in unrealized gains and losses on available for sale investment securities.

As of December 31, 2009, the Company’s regulatory capital ratios were in excess of regulatory minimums required to be classified as “well-capitalized”. At December 31, 2009, the Company’s Tier I leverage capital ratio was 8.68%, its Tier I risk-based capital ratio was 11.16%, and its total risk-based capital ratio was 12.41%. The growth in the Company’s capital ratios reaffirms management’s decision in the fourth quarter of 2008 not to participate in the federal government’s Troubled Asset Relief Program.

Net interest income was $99,466,000 for 2009 as compared to $109,442,000 for 2008. Net interest income was $24,802,000 for the fourth quarter of 2009 as compared to $26,842,000 for the same period in 2008. Net interest margin was 3.16% for 2009 as compared to 3.44% for 2008 and net interest margin was 3.22% for the fourth quarter of 2009 as compared to 3.36% for the fourth quarter of 2008. Net interest margin was unchanged on a linked quarter basis.

Noninterest income was $57,558,000 for 2009 as compared to $54,042,000 for 2008. For the fourth quarter of 2009, noninterest income was $13,419,000 as compared to $12,751,000 for the fourth quarter of 2008. The Company experienced an increase in year-over-year and quarter-over-quarter noninterest income primarily associated with our increase in deposits and our record mortgage loan production during 2009.

Noninterest expense was $105,753,000 for 2009 as compared to $107,968,000 for 2008. Noninterest expense was $25,583,000 for the fourth quarter of 2009 compared to $25,688,000 for the fourth quarter of 2008. Despite an industry wide special assessment levied by the FDIC which resulted in a $1,750,000 expense to the Company, noninterest expense decreased by approximately $2.2 million during 2009 as compared to 2008. This planned reduction in noninterest expense was due to achieved efficiencies throughout the Company.

Net charge-offs as a percentage of average loans for the year ending December 31, 2009, were 0.91% compared to 0.55% for 2008. The Company recorded a provision for loan losses of $7,800,000 and $26,890,000 for the fourth quarter of 2009 and the year ending December 31, 2009, respectively, as compared to $14,979,000 and $22,804,000, respectively, for the same periods in 2008. The allowance for loan losses as a percentage of loans was 1.67% at December 31, 2009, as compared to 1.51% at September 30, 2009 and 1.38% for December 31, 2008.

“Our credit administration team has an ongoing initiative of aggressively reviewing our credit portfolio with the goal of establishing appropriate reserves against potential future losses,” stated McGraw.

Non-performing loans (loans 90 days or more past due and nonaccrual loans) were $50,025,000 at December 31, 2009, as compared to $48,656,000 at September 30, 2009 and $39,913,000 at December 31, 2008. Non-performing loans as a percentage of total loans were 2.13% at December 31, 2009, as compared to 2.03% at September 30, 2009 and 1.58% as of December 31, 2008. Loans 30-89 days past due as a percentage of total loans decreased to 1.03% at December 31, 2009 down from 1.38% at September 30, 2009 and 1.92% at December 31, 2008.

Other real estate owned was $58,568,000 at December 31, 2009 as compared to $47,457,000 at September 30, 2009 and $25,111,000 at December 31, 2008. The increase in OREO reflects the Company’s efforts to resolve problem loans by taking possession and controlling the liquidation of the underlying properties. The Company continues to aggressively manage the property held in our other real estate owned portfolio. This is evident as the Company sold $16 million of other real estate owned during 2009.

“Renasant is looking forward to a successful 2010 as we build on our 105 year history of success and capitalize on future opportunities to enhance our long-term value,” said McGraw.

CONFERENCE CALL INFORMATION:

A live audio webcast of a conference call with analysts will be available beginning at 10:00 a.m. Eastern time on Wednesday, January 20, 2010, through the Company’s website: www.renasant.com. The event will be archived on the Company’s website for one year. If Internet access is unavailable, the conference may also be heard live (listen-only) via telephone by dialing 1-800-860-2442 in the United States and requesting the Renasant Corporation 2009 earnings call. International participants should dial 1-412-858-4600.

ABOUT RENASANT CORPORATION:

Renasant Corporation is the parent of Renasant Bank and Renasant Insurance. As of December 31, 2009, Renasant had assets of approximately $3.6 billion and operated 65 banking, mortgage, financial services and insurance offices in Mississippi, Tennessee and Alabama.

NOTE TO INVESTORS:

This news release may contain, or incorporate by reference, statements which may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward looking statements usually include words such as “expects,” “projects,” “anticipates,” “believes,” “intends,” “estimates,” “strategy,” “plan,” “potential,” “possible” and other similar expressions.

Prospective investors are cautioned that any such forward-looking statements are not guarantees for future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include significant fluctuations in interest rates, inflation, economic recession, significant changes in the federal and state legal and regulatory environment, significant underperformance in our portfolio of outstanding loans, and competition in our markets. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

###

RENASANT CORPORATION

(Unaudited)

(Dollars in thousands, except per share data)

																									Q4 2009 -		For the Year
	2009												2008												Q4 2008		Ended December 31,
	Fourth Quarter			Third Quarter			Second Quarter			First Quarter			Fourth Quarter			Third Quarter			Second Quarter			First Quarter			Percent Variance		2009			2008			Percent Variance
Statement of earnings
Interest income - taxable equivalent basis	$	42,526		$	43,820		$	43,836		$	44,988		$	47,989		$	50,904		$	51,386		$	54,324		(11.38	)	$	175,170		$	204,603		(14.39	)
Interest income	$	41,331		$	42,614		$	42,709		$	43,910		$	47,110		$	50,004		$	50,465		$	53,383		(12.27	)	$	170,564		$	200,962		(15.13	)
Interest expense		16,529			17,423			18,549			18,597			20,268			22,063			22,963			26,226		(18.45	)		71,098			91,520		(22.31	)
Net interest income		24,802			25,191			24,160			25,313			26,842			27,941			27,502			27,157		(7.60	)		99,466			109,442		(9.12	)
Provision for loan losses		7,800			7,350			6,700			5,040			14,979			3,000			2,200			2,625		(47.93	)		26,890			22,804		17.92
Net interest income after provision		17,002			17,841			17,460			20,273			11,863			24,941			25,302			24,532		43.32			72,576			86,638		(16.23	)
Service charges on deposit accounts		5,801			5,379			5,395			5,425			5,601			5,861			5,750			5,433		3.57			22,000			22,645		(2.85	)
Fees and commissions on loans and deposits		3,554			3,961			4,424			4,682			3,674			4,198			4,481			3,765		(3.27	)		16,621			16,118		3.12
Insurance commissions and fees		705			949			837			828			868			920			838			857		(18.78	)		3,319			3,483		(4.71	)
Trust revenue		559			501			488			491			551			597			670			626		1.45			2,039			2,444		(16.57	)
Net gain on sale of securities		123			—			1,123			427			—			—			—			—		N/M			1,673			—		N/M
Gain on sale of mortgage loans		1,665			1,832			2,293			1,776			1,263			1,352			1,311			1,521		31.83			7,566			5,447		38.90
Other		1,012			1,331			864			1,133			794			716			740			1,655		27.46			4,340			3,905		11.14
Total non-interest income		13,419			13,953			15,424			14,762			12,751			13,644			13,790			13,857		5.24			57,558			54,042		6.51
Salaries and employee benefits		13,572			13,363			13,736			14,744			12,583			15,250			14,849			14,718		7.86			55,415			57,400		(3.46	)
Occupancy and equipment		2,981			3,045			3,063			3,249			3,208			3,399			3,413			3,373		(7.08	)		12,338			13,393		(7.88	)
Data processing		1,407			1,439			1,430			1,329			1,310			1,289			1,303			1,307		7.40			5,605			5,209		7.60
Amortization of intangibles		482			489			494			501			683			610			578			584		(29.43	)		1,966			2,455		(19.92	)
Other		7,141			7,782			8,409			7,097			7,904			7,236			7,555			6,816		(9.65	)		30,429			29,511		3.11
Total non-interest expense		25,583			26,118			27,132			26,920			25,688			27,784			27,698			26,798		(0.41	)		105,753			107,968		(2.05	)
Income before income taxes		4,838			5,676			5,752			8,115			(1,074	)		10,801			11,394			11,591		(550.47	)		24,381			32,712		(25.47	)
Income taxes		807			1,451			1,496			2,109			(1,306	)		3,243			3,409			3,314		(161.79	)		5,863			8,660		(32.30	)
Net income	$	4,031		$	4,225		$	4,256		$	6,006		$	232		$	7,558		$	7,985		$	8,277		1,637.50		$	18,518		$	24,052		(23.01	)
Basic earnings per share	$	0.19		$	0.20		$	0.20		$	0.29		$	0.01		$	0.36		$	0.38		$	0.40		1,800.00		$	0.88		$	1.15		(23.48	)
Diluted earnings per share		0.19			0.20			0.20			0.28			0.01			0.36			0.38			0.39		1,800.00			0.87			1.14		(23.68	)
Average basic shares outstanding		21,078,873			21,075,879			21,073,228			21,067,539			21,039,068			20,980,557			20,946,287			20,878,478		0.19			21,073,916			20,961,364		0.54
Average diluted shares outstanding		21,217,841			21,213,839			21,193,560			21,188,397			21,178,966			21,175,465			21,205,208			21,133,235		0.18			21,211,672			21,118,214		0.44
Common shares outstanding		21,082,991			21,078,828			21,074,568			21,067,539			21,067,539			21,013,427			20,954,627			20,930,871		0.07			21,082,991			21,067,539		0.07
Cash dividend per common share	$	0.17		$	0.17		$	0.17		$	0.17		$	0.17		$	0.17		$	0.17		$	0.17		—		$	0.68		$	0.68		—
Performance ratios
Return on average shareholders’ equity		3.87	%		4.12	%		4.22	%		6.04	%		0.23	%		7.40	%		7.82	%		8.21	%				4.56	%		5.97	%
Return on average shareholders’ equity, excluding amortization expense		4.15	%		4.41	%		4.52	%		6.35	%		0.64	%		7.76	%		8.17	%		8.57	%				4.86	%		6.34	%
Return on average assets		0.44	%		0.46	%		0.46	%		0.65	%		0.02	%		0.80	%		0.86	%		0.92	%				0.50	%		0.65	%
Return on average assets, excluding amortization expense		0.47	%		0.49	%		0.49	%		0.68	%		0.07	%		0.84	%		0.89	%		0.96	%				0.53	%		0.69	%
Net interest margin (FTE)		3.22	%		3.22	%		3.04	%		3.19	%		3.36	%		3.45	%		3.43	%		3.52	%				3.16	%		3.44	%
Yield on earning assets (FTE)		5.26	%		5.33	%		5.27	%		5.46	%		5.81	%		6.08	%		6.20	%		6.81	%				5.32	%		6.22	%
Average earning assets to average assets		88.19	%		88.73	%		89.25	%		88.85	%		88.82	%		88.93	%		88.83	%		88.44	%				88.82	%		88.76	%
Average loans to average deposits		92.96	%		94.22	%		94.40	%		99.13	%		105.30	%		104.03	%		101.20	%		99.90	%				95.15	%		102.55	%
Noninterest income (less securities gains/losses) to average assets		1.45	%		1.51	%		1.53	%		1.54	%		1.37	%		1.45	%		1.48	%		1.54	%				1.51	%		1.46	%
Noninterest expense to average assets		2.79	%		2.82	%		2.91	%		2.90	%		2.76	%		2.95	%		2.97	%		2.97	%				2.85	%		2.91	%
Net overhead ratio		1.34	%		1.31	%		1.38	%		1.36	%		1.39	%		1.50	%		1.49	%		1.43	%				1.35	%		1.46	%
Efficiency ratio (FTE)		64.91	%		64.73	%		66.65	%		65.41	%		63.47	%		65.40	%		65.61	%		63.87	%				65.43	%		64.60	%

* Percent variance not meaningful

RENASANT CORPORATION

(Unaudited)

(Dollars in thousands, except per share data)

																									Q4 2009 -		For the Year
	2009												2008												Q4 2008		Ended December 31,
	Fourth			Third			Second			First			Fourth			Third			Second			First			Percent								Percent
	Quarter			Quarter			Quarter			Quarter			Quarter			Quarter			Quarter			Quarter			Variance		2009			2008			Variance
Average balances
Total assets	$	3,640,514		$	3,675,592		$	3,738,852		$	3,763,245		$	3,697,726		$	3,744,069		$	3,752,401		$	3,629,623		(1.55	)	$	3,704,350		$	3,706,025		(0.05	)
Earning assets		3,210,554			3,261,527			3,337,103			3,343,699			3,284,282			3,329,651			3,333,176			3,210,112		(2.24	)		3,290,356			3,289,402		0.03
Securities		719,298			703,976			701,894			696,068			713,108			735,977			704,694			555,174		0.87			702,690			677,497		3.72
Loans, net of unearned		2,397,195			2,465,298			2,542,021			2,587,436			2,551,660			2,571,069			2,611,843			2,631,101		(6.05	)		2,497,377			2,591,254		(3.62	)
Intangibles		191,591			192,078			192,568			193,067			193,671			194,382			195,949			197,036		(1.07	)		192,404			195,252		(1.46	)
Non-interest bearing deposits	$	307,753		$	297,390		$	293,546		$	299,265		$	289,079		$	287,197		$	298,692		$	293,528		6.46		$	299,465		$	292,145		2.51
Interest bearing deposits		2,247,854			2,286,184			2,342,788			2,250,324			2,106,341			2,143,680			2,233,380			2,301,291		6.72			2,281,793			2,195,771		3.92
Total deposits		2,555,607			2,583,574			2,636,334			2,549,589			2,395,420			2,430,877			2,532,072			2,594,819		6.69			2,581,258			2,487,916		3.75
Borrowed funds		632,689			647,919			662,387			815,548			856,057			871,744			774,052			587,957		(26.09	)		689,020			772,952		(10.86	)
Shareholders’ equity		413,773			406,779			404,456			403,229			407,286			406,571			410,780			405,355		1.59			406,178			403,025		0.78
Asset quality data
Nonaccrual loans	$	39,454		$	37,995		$	55,217		$	47,591		$	35,661		$	20,578		$	17,659		$	16,090		10.64		$	39,454		$	35,661		10.64
Loans 90 past due or more		10,571			10,661			10,284			19,789			4,252			9,077			8,962			5,888		148.61			10,571			4,252		148.61
Non-performing loans		50,025			48,656			65,501			67,380			39,913			29,655			26,621			21,978		25.34			50,025			39,913		25.34
Other real estate owned and repossessions		58,568			47,457			30,546			25,318			25,111			21,901			13,111			12,802		133.24			58,568			25,111		133.24
Non-performing assets	$	108,593		$	96,113		$	96,047		$	92,698		$	65,024		$	51,556		$	39,732		$	34,780		67.00		$	108,593		$	65,024		67.00
Net loan charge-offs (recoveries)	$	5,007		$	6,962		$	5,917		$	4,764		$	8,098		$	1,623		$	2,824		$	1,726		(38.17	)	$	22,650		$	14,271		58.71
Allowance for loan losses		39,145			36,352			35,964			35,181			34,905			28,024			26,647			27,271		12.15			39,145			34,905		12.15
Non-performing loans / total loans		2.13	%		2.03	%		2.65	%		2.69	%		1.58	%		1.17	%		1.05	%		0.85	%				2.13	%		1.58	%
Non-performing assets / total assets		2.98	%		2.64	%		2.59	%		2.44	%		1.75	%		1.38	%		1.05	%		0.94	%				2.98	%		1.75	%
Allowance for loan losses / total loans		1.67	%		1.51	%		1.46	%		1.40	%		1.38	%		1.11	%		1.05	%		1.06	%				1.67	%		1.38	%
Allowance for loan losses / non-performing loans		78.25	%		74.71	%		54.91	%		52.21	%		87.45	%		94.50	%		100.10	%		124.08	%				78.25	%		87.45	%
Annualized net loan charge-offs / average loans		0.83	%		1.12	%		0.93	%		0.75	%		1.26	%		0.25	%		0.43	%		0.26	%				0.91	%		0.55	%
Balances at period end
Total assets	$	3,641,081		$	3,642,657		$	3,701,957		$	3,795,217		$	3,715,980		$	3,725,209		$	3,782,196		$	3,699,276				$	3,641,081		$	3,715,980		(2.02	)
Earning assets		3,173,039			3,188,554			3,236,615			3,368,962			3,286,764			3,284,813			3,339,511			3,267,329					3,173,039			3,286,764		(3.46	)
Securities		714,164			738,204			684,723			709,950			695,106			708,406			741,154			636,338					714,164			695,106		2.74
Mortgage loans held for sale		25,749			24,091			49,565			55,194			41,805			35,976			43,487			33,062					25,749			41,805		(38.41	)
Loans, net of unearned		2,347,615			2,402,423			2,468,844			2,506,780			2,530,886			2,525,424			2,541,012			2,580,911					2,347,615			2,530,886		(7.24	)
Intangibles		191,357			191,839			192,328			192,822			193,323			194,022			194,688			196,264					191,357			193,323		(1.02	)
Non-interest bearing deposits	$	304,962		$	297,858		$	292,129		$	303,536		$	284,227		$	287,850		$	305,877		$	304,171				$	304,962		$	284,227		7.30
Interest bearing deposits		2,271,138			2,263,126			2,308,081			2,385,769			2,060,104			2,124,318			2,161,301			2,322,471					2,271,138			2,060,104		10.24
Total deposits		2,576,100			2,560,984			2,600,210			2,689,305			2,344,331			2,412,168			2,467,178			2,626,642					2,576,100			2,344,331		9.89
Borrowed funds		618,024			635,076			665,755			672,130			933,976			870,326			878,813			623,906					618,024			933,976		(33.83	)
Shareholders’ equity		410,122			410,473			400,680			400,095			400,371			406,267			403,795			409,827					410,122			400,371		2.44
Market value per common share	$	13.60		$	14.85		$	15.02		$	12.56		$	17.03		$	21.71		$	14.73		$	22.50				$	13.60		$	17.03		(20.14	)
Book value per common share		19.45			19.47			19.01			18.99			19.00			19.33			19.27			19.58					19.45			19.00		2.36
Tangible book value per common share		10.38			10.37			9.89			9.84			9.83			10.10			9.98			10.20					10.38			9.83		5.58
Shareholders’ equity to assets (actual)		11.26	%		11.27	%		10.82	%		10.54	%		10.77	%		10.91	%		10.68	%		11.08	%				11.26	%		10.77	%
Tangible capital ratio		6.34	%		6.34	%		5.94	%		5.75	%		5.88	%		6.01	%		5.83	%		6.10	%				6.34	%		5.88	%
Leverage ratio		8.68	%		8.56	%		8.37	%		8.28	%		8.34	%		8.30	%		8.12	%		8.23	%				8.68	%		8.34	%
Tier 1 risk-based capital ratio		11.16	%		11.04	%		10.92	%		11.00	%		10.85	%		10.81	%		10.49	%		10.03	%				11.16	%		10.85	%
Total risk-based capital ratio		12.41	%		12.29	%		12.17	%		12.25	%		12.10	%		11.84	%		11.45	%		11.00	%				12.41	%		12.10	%
Detail of Loans by Category
Commercial, financial, agricultural	$	281,329		$	280,930		$	292,177		$	301,899		$	312,648		$	299,233		$	303,385		$	310,497				$	281,329		$	312,648		(10.02	)
Lease financing		778			936			1,283			1,434			1,746			1,943			2,130			2,304					778			1,746		(55.44	)
Real estate - construction		133,299			153,367			180,202			210,747			241,818			241,661			335,430			385,957					133,299			241,818		(44.88	)
Real estate - 1-4 family mortgages		820,917			848,267			878,263			872,796			886,380			877,045			857,165			846,626					820,917			886,380		(7.39	)
Real estate - commercial mortgages		1,040,589			1,048,135			1,054,169			1,055,537			1,015,894			1,032,797			972,111			954,131					1,040,589			1,015,894		2.43
Installment loans to individuals		70,703			70,788			62,750			64,367			72,400			72,745			70,791			81,396					70,703			72,400		(2.34	)
Loans, net of unearned	$	2,347,615		$	2,402,423		$	2,468,844		$	2,506,780		$	2,530,886		$	2,525,424		$	2,541,012		$	2,580,911				$	2,347,615		$	2,530,886		(7.24	)

* Percent variance not meaningful