Employee Benefit and Deferred Compensation Plans (Tables)

6 Months Ended

Jun. 30, 2018

Plan expense for non-contributory benefit pension plan and post-retirement health and life plans

The plan expense for the legacy Renasant defined benefit pension plan (“Pension Benefits - Renasant”) and post-retirement health and life plans (“Other Benefits”) for the periods presented was as follows:



	Pension Benefits
	Renasant						Other Benefits
	Three Months Ended						Three Months Ended
	June 30,						June 30,
	2018			2017			2018		2017
Service cost	$	—		$	—		$	2	$	1
Interest cost	256			291			7		8
Expected return on plan assets	(520		)	(487		)	—		—
Recognized actuarial loss (gain)	77			100			—		(10		)
Net periodic benefit (return) cost	$	(187	)	$	(96	)	$	9	$	(1	)



	Pension Benefits
	Renasant						Other Benefits
	Six Months Ended						Six Months Ended
	June 30,						June 30,
	2018			2017			2018		2017
Service cost	$	—		$	—		$	4	$	4
Interest cost	522			584			16		21
Expected return on plan assets	(1,038		)	(971		)	—		—
Recognized actuarial loss	164			200			—		3
Net periodic benefit (return) cost	$	(352	)	$	(187	)	$	20	$	28

Summary of the changes in stock options and restricted stock

The following table summarizes the changes in restricted stock as of and for the six months ended June 30, 2018:



	Performance-Based Restricted Stock		Weighted Average Grant-Date Fair Value		Time- Based Restricted Stock		Weighted Average Grant-Date Fair Value
Nonvested at beginning of period	—		$	—	218,075		$	39.08
Awarded	95,183		40.89		138,061		41.91
Vested	—		—		(56,646	)	38.43
Cancelled	(3,014	)	40.89		(14,646	)	41.97
Nonvested at end of period	92,169		$	40.89	284,844		$	40.43

The following table summarizes the changes in stock options as of and for the six months ended June 30, 2018:



	Shares		Weighted Average Exercise Price
Options outstanding at beginning of period	89,750		$	15.67
Granted	—		—
Exercised	(38,000	)	15.48
Forfeited	(5,000	)	15.32
Options outstanding at end of period	46,750		$	15.87