Employee Benefit and Deferred Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2019

Retirement Benefits [Abstract]

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

Information related to the defined benefit pension plan maintained by Renasant Bank (“Pension Benefits”) and to the post-retirement health and life plan (“Other Benefits”) as of the dates presented is as follows:

	Pension Benefits						Other Benefits
	Three Months Ended						Three Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
Service cost	$	—		$	—		$	2		$	2
Interest cost	294			261			7			7
Expected return on plan assets	(362		)	(520		)	—			—
Recognized actuarial loss (gain)	110			82			(6		)	—
Net periodic benefit cost (return)	$	42		$	(177	)	$	3		$	9

	Pension Benefits						Other Benefits
	Nine Months Ended						Nine Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
Service cost	$	—		$	—		$	5		$	6
Interest cost	882			783			23			23
Expected return on plan assets	(1,087		)	(1,558		)	—			—
Recognized actuarial loss (gain)	331			246			(17		)	—
Net periodic benefit cost (return)	$	126		$	(529	)	$	11		$	29

Summary of the changes in stock options and restricted stock

The following table summarizes the changes in restricted stock as of and for the nine months ended September 30, 2019:

	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	41,300	$	40.89	304,955		$	41.82
Awarded	154,250	30.18		307,854		32.11
Vested	—	—		(90,108	)	39.83
Cancelled	—	—		(13,483	)	41.10
Nonvested at end of period	195,550	$	32.44	509,218		$	36.32

The following table summarizes information about options outstanding, exercised and forfeited as of and for the nine months ended September 30, 2019:

	Shares		Weighted Average Exercise Price
Options outstanding at beginning of period	43,750		$	15.84
Granted	—		—
Exercised	(11,000	)	16.29
Forfeited	—		—
Options outstanding at end of period	32,750		$	15.69