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Renasant Corporation (Parent Company Only) Condensed Financial Information
 12 Months Ended
Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract]  
Renasant Corporation (Parent Company Only) Condensed Financial Information
Renasant Corporation (Parent Company Only) Condensed Financial Information
(In Thousands)
Balance Sheets
  
December 31,
 
2018
 
2017
Assets
 
 
 
Cash and cash equivalents(1)
$
44,581

 
$
81,839

Investments
1,662

 
2,734

Loans, net
640

 
—

Investment in bank subsidiary(2)
2,236,932

 
1,618,993

Accrued interest receivable on bank balances(2)
6

 
6

Intercompany receivable(2)
1,618

 
4,210

Other assets
18,574

 
10,839

Total assets
$
2,304,013

 
$
1,718,621

Liabilities and shareholders’ equity
 
 
 
Junior subordinated debentures
$
109,636

 
$
85,881

Subordinated notes
147,239

 
114,074

Other liabilities
3,225

 
3,683

Shareholders’ equity
2,043,913

 
1,514,983

Total liabilities and shareholders’ equity
$
2,304,013

 
$
1,718,621

(1)
Eliminates in consolidation, with the exception of $3,737 and $3,643, in 2018 and 2017, respectively, pledged for collateral and held at non-subsidiary bank
(2)
Eliminates in consolidation
Statements of Income
  
Year Ended December 31,
 
2018
 
2017
 
2016
Income
 
 
 
 
 
Dividends from bank subsidiary(1)
$
53,381

 
$
34,416

 
$
29,733

Interest income from bank subsidiary(1)
8

 
8

 
8

Other dividends
137

 
94

 
469

Other income
121

 
588

 
1,275

Total income
53,647

 
35,106

 
31,485

Expenses
13,869

 
12,649

 
9,036

Income before income tax benefit and equity in undistributed net income of bank subsidiary
39,778

 
22,457

 
22,449

Income tax benefit
(3,523
)
 
(3,761
)
 
(2,890
)
Equity in undistributed net income of bank subsidiary(1)
103,619

 
65,970

 
65,591

Net income
$
146,920

 
$
92,188

 
$
90,930

(1)
Eliminates in consolidation
 
Statements of Cash Flows
  
Year Ended December 31,
 
2018
 
2017
 
2016
Operating activities
 
 
 
 
 
Net income
$
146,920

 
$
92,188

 
$
90,930

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
(103,619
)
 
(65,970
)
 
(65,591
)
Amortization/depreciation/accretion
160

 
656

 
560

Decrease (increase) in other assets
3,381

 
(1,069
)
 
(556
)
(Decrease) increase in other liabilities
(171
)
 
(2,291
)
 
564

Net cash provided by operating activities
46,671

 
23,514

 
24,721

Investing activities
 
 
 
 
 
Purchases of securities held to maturity and available for sale
—

 
—

 
(1,380
)
Sales and maturities of securities held to maturity and available for sale
1,052

 
1,555

 
6,101

Investment in subsidiaries
—

 
(25,000
)
 
(75,000
)
Net cash (paid) received in acquisition
(34,836
)
 
4,834

 
—

Other investing activities
423

 
(54
)
 
—

Net cash used in investing activities
(33,361
)
 
(18,665
)
 
(70,279
)
Financing activities
 
 
 
 
 
Cash paid for dividends
(43,614
)
 
(34,416
)
 
(29,734
)
Cash received on exercise of stock-based compensation
201

 
173

 
415

Excess tax benefits from exercise of stock options
—

 
—

 
2,771

Repurchase of shares in connection with stock repurchase program
(7,062
)
 
—

 
—

Repayment of long-term debt
—

 
(10,310
)
 
—

Proceeds from issuance of long-term debt
—

 
—

 
98,127

Proceeds from equity offering
—

 
—

 
84,105

Other financing activities
(93
)
 
310

 
—

Net cash (used in) provided by financing activities
(50,568
)
 
(44,243
)
 
155,684

(Decrease) increase in cash and cash equivalents
(37,258
)
 
(39,394
)
 
110,126

Cash and cash equivalents at beginning of year
81,839

 
121,233

 
11,107

Cash and cash equivalents at end of year
$
44,581

 
$
81,839

 
$
121,233