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Employee Benefit and Deferred Compensation Plans (Tables)
 12 Months Ended
Dec. 31, 2022
Retirement Benefits [Abstract]  
Information relating to the defined benefit pension plan and post-retirement health and life plans
The following table presents information relating to the defined benefit pension plan maintained by Renasant Bank (“Pension Benefits - Renasant”) and the post-retirement health and life plan (“Other Benefits”) as of December 31, 2022 and 2021:
 Pension Benefits RenasantOther Benefits
 2022202120222021
Change in benefit obligation
Benefit obligation at beginning of year$27,567 $28,226 $586 $1,019 
Service cost— — 4 5 
Interest cost738 682 12 14 
Plan participants’ contributions— — 85 152 
Actuarial loss (gain)(5,256)672 (48)(221)
Benefits paid(1)
(1,819)(2,013)(88)(383)
Benefit obligation at end of year$21,230 $27,567 $551 $586 
Change in fair value of plan assets
Fair value of plan assets at beginning of year$30,399 $30,549 
Actual return on plan assets(7,726)1,863 
Contribution by employer— — 
Benefits paid(1,819)(2,013)
Fair value of plan assets at end of year$20,854 $30,399 
Funded status at end of year$(376)$2,832 $(551)$(586)
Weighted-average assumptions as of December 31
Discount rate used to determine the benefit obligation4.94 %2.79 %4.74 %2.35 %
(1) Attributable to retiree medical benefits.
Plan expense for noncontributory benefit pension plan and post-retirement health and life plans
The components of net periodic benefit cost and other amounts recognized in other comprehensive income for the defined benefit pension and post-retirement health and life plans for the years ended December 31, 2022, 2021 and 2020 are as follows: 
 Pension Benefits RenasantOther Benefits
 202220212020202220212020
Service cost$—$—$—$4$5$6
Interest cost738682984121413
Expected return on plan assets(1,684)(1,768)(1,651)———
Prior service cost recognized(1)
—————485
Recognized actuarial loss (gain)243265349(76)(3)(90)
Settlement/curtailment/termination losses(1)
——567———
Net periodic benefit cost(703)(821)249(60)16414
Net actuarial loss (gain) arising during the period4,155577(1,090)(48)(221)21
Net Settlement/curtailment/termination losses(1)
——(567)———
New prior service cost(1)
—————485
Amortization of net actuarial (loss) gain recognized in net periodic pension cost(243)(265)(349)76390
Amortization of prior service cost(1)
—————(485)
Total recognized in other comprehensive income3,912312(2,006)28(218)111
Total recognized in net periodic benefit cost and other comprehensive income$3,209$(509)$(1,757)$(32)$(202)$525
Weighted-average assumptions as of December 31
Discount rate used to determine net periodic pension cost2.79 %2.44 %3.59 %2.35 %1.77 %2.91 %
Expected return on plan assets5.75 %6.00 %6.00 %N/AN/AN/A
(1) Attributable to retiree medical benefits and accelerated defined benefit pension plan payouts provided to VERP participants and, with respect to amounts included in Net periodic benefit cost, included in the “Restructuring charges” line item on the Consolidated Statements of Income.
Future estimated benefit payments under the defined benefit pension plan and post-retirement health and life plan Future estimated benefit payments under the Renasant defined benefit pension plan and other benefits are as follows:
Pension Benefits RenasantOther
Benefits
2023$2,187 $163 
20242,037 69 
20252,032 80 
20261,948 74 
20271,871 63 
2028 - 20328,700 158 
Amounts recognized in accumulated other comprehensive income, net of tax
Amounts recognized in accumulated other comprehensive income, before tax, for the year ended December 31, 2022 are as follows:
Pension Benefits RenasantOther
Benefits
Prior service cost$— $— 
Actuarial loss (gain)11,306 (271)
Total$11,306 $(271)
Estimated costs that will be amortized from accumulated other comprehensive income into net periodic cost
The estimated costs that will be amortized from accumulated other comprehensive income into net periodic benefit cost during 2023 are as follows:
Pension Benefits RenasantOther
Benefits
Prior service cost$— $— 
Actuarial loss (gain) 243 (76)
Total$243 $(76)
Fair values of defined benefit pension plan assets by category of the firm
Quoted Prices In
Active Markets
for Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Measured at NAVTotals
December 31, 2022
Cash and cash equivalents$66 $— $— $— $66 
Investments in collective trusts— — — 20,788 20,788 
$66 $— $— $20,788 $20,854 
Quoted Prices In
Active Markets
for Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Measured at NAVTotals
December 31, 2021
Cash and cash equivalents$42 $— $— $— $42 
Investments in collective trusts— — — 30,357 30,357 
$42 $— $— $30,357 $30,399 
Summarizes information about options issued under the long-term equity incentive plan The following table summarizes information about options outstanding, exercised and forfeited as of and for the years ended December 31, 2021 and 2020: 
 SharesWeighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Life		Aggregate
Intrinsic
Value
Outstanding at January 1, 202029,250 $15.86 
Granted— — 
Exercised(18,750)16.37 
Forfeited— — 
Outstanding at December 31, 202010,500 $14.96 1.00$191 
Exercisable at December 31, 202010,500 $14.96 1.00$191 
Granted— — 
Exercised(10,500)14.96 
Forfeited— — 
Outstanding at December 31, 2021— $— 0.00$— 
Exercisable at December 31, 2021— $— 0.00$— 
Summary of the changes in stock options and restricted stock The following table summarizes the changes in restricted stock as of and for the year ended December 31, 2022:
Performance-
Based
Restricted
Stock		Weighted
Average
Grant-Date
Fair Value		Time-
Based
Restricted
Stock		Weighted
Average
Grant-Date
Fair Value
Not vested at beginning of year146,561 $34.67 603,714 $34.48 
Awarded81,308 38.45 324,633 37.20 
Vested(66,566)35.42 (222,283)32.81 
Forfeited and cancelled(5,465)37.26 (25,661)37.20 
Not vested at end of year155,838 $36.23 680,403 $36.23