Renasant Bank

Established in 1904

About Renasant Bank

Renasant Bank was established on 1904. The bank's headquarters are located at 209 Troy Street in Tupelo, Mississippi. It has 1 branches.

Renasant Bank is an FDIC insured bank with FDIC number 12437 managing assets to the value of $14,916,368 as of 12/31/2020.

Renasant Bank has a Texas ratio of 2.47%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

2.47%
Texas Ratio
FDIC Certificate #

12437

Active Insured Since #

1/1/1934

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $14,916,368
Equity Capital $2,306,729
Total Deposits $12,187,400
Total Liabilities $12,609,639
Total Securities $1,336,284
Net Loans And Leases $11,175,274
Loan Loss Allowance $176,144
Total Loans And Leases $11,351,418
YTD (as of 12/31/2020)
Return On Assets 0.66%
Return On Equity 4.15%
Total Interest Income $498,058
Total Interest Expense $58,942
Total Non Interest Income $244,419
Total Non Interest Expense $478,447

Headquarters

209 Troy Street 38801, Tupelo

Renasant Bank branches near me

308.28 miles

Total Loans and Leases Statistics

Total Loans and Leases $11,351,418 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Renasant Bank Mortgage Loans Profile

Classic Bank

78.14%

Application Approval Rate

Classic Bank

$207,958

Average Mortgage Loan Amount

Classic Bank

19,699

Number of Loan Applications

Classic Bank

$129,818

Average Income of Applicants with Approved Loans

Classic Bank

1.74%

Average Cost of Loans

Classic Bank

32.62%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Jefferson

Number of Loan Applications
834
Average Loan Amount
$255,080
Approval Rate
74.82%
Average Income of Approved Loans’ Applicants
$131,655

2 Lee

Number of Loan Applications
623
Average Loan Amount
$136,121
Approval Rate
75.92%
Average Income of Approved Loans’ Applicants
$114,285

3 Shelby

Number of Loan Applications
613
Average Loan Amount
$215,060
Approval Rate
81.57%
Average Income of Approved Loans’ Applicants
$186,841

4 Davidson

Number of Loan Applications
440
Average Loan Amount
$238,210
Approval Rate
80.00%
Average Income of Approved Loans’ Applicants
$196,630

5 Rankin

Number of Loan Applications
440
Average Loan Amount
$184,265
Approval Rate
77.27%
Average Income of Approved Loans’ Applicants
$128,748

6 Fulton

Number of Loan Applications
399
Average Loan Amount
$402,591
Approval Rate
68.67%
Average Income of Approved Loans’ Applicants
$250,585

Top States by Number of Mortgage Loan Applications

1 Alabama

Number of Loan Applications
4,513
Average Loan Amount
$210,195
Approval Rate
81.43%
Average Income of Approved Loans’ Applicants
$111,844

2 Mississippi

Number of Loan Applications
4,493
Average Loan Amount
$157,925
Approval Rate
75.18%
Average Income of Approved Loans’ Applicants
$126,116

3 Georgia

Number of Loan Applications
3,874
Average Loan Amount
$211,772
Approval Rate
75.32%
Average Income of Approved Loans’ Applicants
$136,171

4 Tennessee

Number of Loan Applications
2,287
Average Loan Amount
$220,840
Approval Rate
81.68%
Average Income of Approved Loans’ Applicants
$161,187

5 Florida

Number of Loan Applications
1,146
Average Loan Amount
$268,217
Approval Rate
74.87%
Average Income of Approved Loans’ Applicants
$176,036

6 South Carolina

Number of Loan Applications
970
Average Loan Amount
$264,487
Approval Rate
84.43%
Average Income of Approved Loans’ Applicants
$117,941