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Renasant Corporation (Parent Company Only) Condensed Financial Information (Tables)
12 Months Ended
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Balance Sheets
Balance Sheets
  
December 31,
 
2016
 
2015
Assets
 
 
 
Cash and cash equivalents(1)
$
121,233

 
$
11,107

Investments
4,327

 
9,711

Investment in bank subsidiary(2)
1,291,686

 
1,101,580

Accrued interest receivable on bank balances(2)
5

 
5

Intercompany receivable(2)
2,771

 
2,450

Other assets
11,508

 
10,560

Total assets
$
1,431,530

 
$
1,135,413

Liabilities and shareholders’ equity
 
 
 
Junior subordinated debentures
$
95,643

 
$
95,095

Subordinated notes
98,127

 

Other liabilities
4,877

 
3,500

Shareholders’ equity
1,232,883

 
1,036,818

Total liabilities and shareholders’ equity
$
1,431,530

 
$
1,135,413

(1)
Eliminates in consolidation, with the exception of $1,970 pledged for collateral and held at non-subsidiary bank in 2015
(2)
Eliminates in consolidation
Statements of Income
Statements of Income
  
Year Ended December 31,
 
2016
 
2015
 
2014
Income
 
 
 
 
 
Dividends from bank subsidiary(1)
$
29,733

 
$
24,557

 
$
21,518

Interest income from bank subsidiary(1)
8

 
7

 
8

Other dividends
469

 
266

 
749

Other income
1,275

 
58

 
71

Total income
31,485

 
24,888

 
22,346

Expenses
9,036

 
6,823

 
5,513

Income before income tax benefit and equity in undistributed net income of bank subsidiary
22,449

 
18,065

 
16,833

Income tax benefit
(2,890
)
 
(2,521
)
 
(1,846
)
Equity in undistributed net income of bank subsidiary(1)
65,591

 
47,428

 
40,903

Net income
$
90,930

 
$
68,014

 
$
59,582

(1)
Eliminates in consolidation
Statements of Cash Flows
Statements of Cash Flows
  
Year Ended December 31,
 
2016
 
2015
 
2014
Operating activities
 
 
 
 
 
Net income
$
90,930

 
$
68,014

 
$
59,582

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
 
Gain on sale of securities
(1,186
)
 

 
(375
)
Equity in undistributed net income of bank subsidiary
(65,591
)
 
(47,428
)
 
(40,903
)
Amortization/depreciation/accretion
560

 
579

 
385

(Increase) decrease in other assets
(556
)
 
(1,377
)
 
1,345

Increase in other liabilities
564

 
1,088

 
2,591

Net cash provided by operating activities
24,721

 
20,876

 
22,625

Investing activities
 
 
 
 
 
Purchases of securities held to maturity and available for sale
(1,380
)
 
(2,183
)
 
(1,781
)
Sales and maturities of securities held to maturity and available for sale
6,101

 
1,089

 
1,142

Investment in subsidiaries
(75,000
)
 

 

Net cash received in acquisition

 
5,292

 

Other investing activities

 

 
(64
)
Net cash (used in) provided by investing activities
(70,279
)
 
4,198

 
(703
)
Financing activities
 
 
 
 
 
Cash paid for dividends
(29,734
)
 
(24,557
)
 
(21,518
)
Cash received on exercise of stock-based compensation
415

 
102

 
401

Excess tax benefits from exercise of stock options
2,771

 
520

 
940

Repayments of advances from bank subsidiary

 

 
(1,500
)
Proceeds from issuance of long-term debt
98,127

 

 

Proceeds from equity offering
84,105

 

 

Net cash provided by (used in) financing activities
155,684

 
(23,935
)
 
(21,677
)
Increase in cash and cash equivalents
110,126

 
1,139

 
245

Cash and cash equivalents at beginning of year
11,107

 
9,968

 
9,723

Cash and cash equivalents at end of year
$
121,233

 
$
11,107

 
$
9,968