Employee Benefit and Deferred Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2022

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,
	2022		2021		2022		2021
Service cost	$	—	$	—	$	1	$	2
Interest cost	185		171		3		4
Expected return on plan assets	(421)		(442)		—		—
Recognized actuarial loss (gain)	60		67		(19)		—
Net periodic (return) benefit cost	$	(176)	$	(204)	$	(15)	$	6

	Pension Benefits				Other Benefits
	Nine Months Ended				Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Service cost	$	—	$	—	$	3	$	4
Interest cost	554		512		9		11
Expected return on plan assets	(1,263)		(1,326)		—		—
Recognized actuarial loss (gain)	182		199		(57)		(2)
Net periodic (return) benefit cost	$	(527)	$	(615)	$	(45)	$	13

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, 2022:

	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	146,561	$	34.67	603,714	$	34.48
Awarded	63,308	38.62		295,406	37.51
Vested	—	—		(222,283)	32.81
Cancelled	(5,465)	37.26		(23,461)	37.23
Nonvested at end of period	204,404	$	35.83	653,376	$	36.32