XML 183 R162.htm IDEA: XBRL DOCUMENT v3.8.0.1
Renasant Corporation (Parent Company Only) Condensed Financial Information (Details 2) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities                      
Net income $ 16,511 $ 26,421 $ 25,284 $ 23,972 $ 23,635 $ 23,179 $ 22,900 $ 21,216 $ 92,188 $ 90,930 $ 68,014
Adjustments to reconcile net income to net cash provided by operating activities:                      
Gain on sale of securities                 (148) (1,186) (96)
Increase in other assets                 (6,620) 10,136 9,463
(Decrease) increase in other liabilities                 (12,572) (16,694) 180
Net cash provided by operating activities                 201,561 163,797 252,625
Investing activities                      
Net cash (paid) received in acquisition                 41,685 25,263 24,776
Net cash provided by (used in) investing activities                 75,142 (351,993) (247,431)
Financing activities                      
Cash paid for dividends                 (34,416) (29,734) (24,557)
Cash received on exercise of stock-based compensation                 173 415 102
Excess tax benefits from exercise of stock options                 0 2,771 537
Repayment of long-term debt                 (170,240) (47,230) (308,766)
Proceeds from issuance of long-term debt                 0 98,385 40
Proceeds from equity offering                 0 84,105 0
Net cash (used in) provided by financing activities                 (301,474) 282,849 44,794
Net (decrease) increase in cash and cash equivalents                 (24,771) 94,653 49,988
Cash and cash equivalents at beginning of year       306,224       211,571 306,224 211,571 161,583
Cash and cash equivalents at end of year 281,453       306,224       281,453 306,224 211,571
Renasant Corporation                      
Operating activities                      
Net income                 92,188 90,930 68,014
Adjustments to reconcile net income to net cash provided by operating activities:                      
Gain on sale of securities                 0 (1,186) 0
Equity in undistributed net income of bank subsidiary                 (65,970) (65,591) (47,428)
Amortization/depreciation/accretion                 656 560 579
Increase in other assets                 (1,069) (556) (1,377)
(Decrease) increase in other liabilities                 (2,291) 564 1,088
Net cash provided by operating activities                 23,514 24,721 20,876
Investing activities                      
Purchases of securities held to maturity and available for sale                 0 (1,380) (2,183)
Sales and maturities of securities held to maturity and available for sale                 1,555 6,101 1,089
Investment in subsidiaries                 (25,000) (75,000) 0
Net cash (paid) received in acquisition                 4,834 0 5,292
Other investing activities                 (54) 0 0
Net cash provided by (used in) investing activities                 (18,665) (70,279) 4,198
Financing activities                      
Cash paid for dividends                 (34,416) (29,734) (24,557)
Cash received on exercise of stock-based compensation                 173 415 102
Excess tax benefits from exercise of stock options                 0 2,771 520
Repayment of long-term debt                 (10,310) 0 0
Repayments of advances from bank subsidiary                 0 0 0
Proceeds from issuance of long-term debt                 0 98,127 0
Proceeds from equity offering                 0 84,105 0
Other financing activities                 310 0 0
Net cash (used in) provided by financing activities                 (44,243) 155,684 (23,935)
Net (decrease) increase in cash and cash equivalents                 (39,394) 110,126 1,139
Cash and cash equivalents at beginning of year       $ 121,233       $ 11,107 121,233 11,107 9,968
Cash and cash equivalents at end of year $ 81,839       $ 121,233       $ 81,839 $ 121,233 $ 11,107