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Renasant Corporation (Parent Company Only) Condensed Financial Information
 12 Months Ended
Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Renasant Corporation (Parent Company Only) Condensed Financial Information
Renasant Corporation (Parent Company Only) Condensed Financial Information
(In Thousands)
Balance Sheets
  
December 31,
 
2017
 
2016
Assets
 
 
 
Cash and cash equivalents(1)
$
81,839

 
$
121,233

Investments
2,734

 
4,327

Investment in bank subsidiary(2)
1,618,993

 
1,291,686

Accrued interest receivable on bank balances(2)
6

 
5

Intercompany receivable(2)
4,210

 
2,771

Other assets
10,839

 
11,508

Total assets
$
1,718,621

 
$
1,431,530

Liabilities and shareholders’ equity
 
 
 
Junior subordinated debentures
$
85,881

 
$
95,643

Subordinated notes
114,074

 
98,127

Other liabilities
3,683

 
4,877

Shareholders’ equity
1,514,983

 
1,232,883

Total liabilities and shareholders’ equity
$
1,718,621

 
$
1,431,530

(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
  
Year Ended December 31,
 
2017
 
2016
 
2015
Income
 
 
 
 
 
Dividends from bank subsidiary(1)
$
34,416

 
$
29,733

 
$
24,557

Interest income from bank subsidiary(1)
8

 
8

 
7

Other dividends
94

 
469

 
266

Other income
588

 
1,275

 
58

Total income
35,106

 
31,485

 
24,888

Expenses
12,649

 
9,036

 
6,823

Income before income tax benefit and equity in undistributed net income of bank subsidiary
22,457

 
22,449

 
18,065

Income tax benefit
(3,761
)
 
(2,890
)
 
(2,521
)
Equity in undistributed net income of bank subsidiary(1)
65,970

 
65,591

 
47,428

Net income
$
92,188

 
$
90,930

 
$
68,014

(1)
Eliminates in consolidation
 
Statements of Cash Flows
  
Year Ended December 31,
 
2017
 
2016
 
2015
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
—

 
(1,186
)
 
—

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
—

 
(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
)
 
—

Net cash (paid) received in acquisition
4,834

 
—

 
5,292

Other investing activities
(54
)
 
—

 
—

Net cash (used in) provided by 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
—

 
2,771

 
520

Repayment of long-term debt
(10,310
)
 
—

 
—

Repayments of advances from bank subsidiary
—

 
—

 
—

Proceeds from issuance of long-term debt
—

 
98,127

 
—

Proceeds from equity offering
—

 
84,105

 
—

Other financing activities
310

 
—

 
—

Net cash (used in) provided by financing activities
(44,243
)
 
155,684

 
(23,935
)
(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

 
9,968

Cash and cash equivalents at end of year
$
81,839

 
$
121,233

 
$
11,107