XML 40 R57.htm IDEA: XBRL DOCUMENT v2.4.1.9
Mergers and Acquisitions-Fair Value Adjustments (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended 0 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Sep. 01, 2013
Business Acquisition [Line Items]        
Deal charges $ 694us-gaap_BusinessCombinationAcquisitionRelatedCosts $ 6,027us-gaap_BusinessCombinationAcquisitionRelatedCosts $ 0us-gaap_BusinessCombinationAcquisitionRelatedCosts  
Goodwill 274,706us-gaap_Goodwill 276,100us-gaap_Goodwill 184,859us-gaap_Goodwill  
First M&F        
Business Acquisition [Line Items]        
Shares issued to common shareholders (shares)       6,175,576us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Purchase price per share (usd per share)       $ 25.17us-gaap_BusinessAcquisitionSharePrice
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Value of stock paid       155,439us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Cash paid for fractional shares       17rnst_BusinessCombinationCashPaidforFractionalShares
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Fair value of stock based compensation assumed       68us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Deal charges       1,321us-gaap_BusinessCombinationAcquisitionRelatedCosts
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Total purchase price       156,845us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Stockholders’ equity at 9/1/13       79,440rnst_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEquity
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Securities       253rnst_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFairValueAdjustmentCurrentAssetsMarketableSecurities
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Loans, net of First M&F's allowance for loan losses       (45,761)rnst_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFairValueAdjustmentReceivablesNet
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
[1]
Fixed assets       (3,254)rnst_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFairValueAdjustmentPropertyPlantandEquipmentTotal
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Core deposits intangible, net of First M&F’s existing core deposit intangible       21,158rnst_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFairValueAdjustmentIntangibleAssetsOtherthanGoodwill
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Other real estate owned       (5,797)rnst_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFairValueAdjustmentOtherRealEstateOwned
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
[1]
Other assets       (443)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
[1]
Deposits       (3,207)rnst_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFairValueAdjustmentDeposits
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Junior subordinated debentures       12,371rnst_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFairValueAdjustmentLongtermDebt
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Other liabilities       1,748rnst_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFairValueAdjustmentNoncurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Deferred income taxes       10,210rnst_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFairValueAdjustmentNoncurrentLiabilitiesDeferredTaxLiabilities
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Total net assets acquired       66,718us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
Goodwill       $ 90,127us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= rnst_FirstMFMember
[2]
[1] The fair value adjustments to acquired loans and other real estate owned reflect management’s expectations to more aggressively market and liquidate problem assets quickly.
[2] The goodwill resulting from the merger has been assigned to the Community Banks operating segment.