Employee Benefit and Deferred Compensation Plans (Tables)

9 Months Ended

Sep. 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
	September 30,						September 30,
	2018			2017			2018		2017
Service cost	$	—		$	—		$	2	$	2
Interest cost	261			292			7		11
Expected return on plan assets	(520		)	(485		)	—		—
Recognized actuarial loss	82			101			—		2
Net periodic benefit (return) cost	$	(177	)	$	(92	)	$	9	$	15



	Pension Benefits
	Renasant						Other Benefits
	Nine Months Ended						Nine Months Ended
	September 30,						September 30,
	2018			2017			2018		2017
Service cost	$	—		$	—		$	6	$	6
Interest cost	783			876			23		32
Expected return on plan assets	(1,558		)	(1,456		)	—		—
Recognized actuarial loss	246			301			—		5
Net periodic benefit (return) cost	$	(529	)	$	(279	)	$	29	$	43

Summary of the changes in stock options and restricted stock

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



	Shares		Weighted Average Exercise Price
Options outstanding at beginning of period	89,750		$	15.67
Granted	—		—
Exercised	(39,000	)	15.47
Forfeited	(5,000	)	15.32
Options outstanding at end of period	45,750		$	15.89

The following table summarizes the changes in restricted stock as of and for the nine months ended September 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		184,340		43.10
Vested	—		—		(75,646	)	36.97
Cancelled	(3,014	)	40.89		(16,046	)	41.94
Nonvested at end of period	92,169		$	40.89	310,723		$	41.83