RNST on NYSE

Renasant Bank

Logo: Renasant Bank, Public domain, via Wikimedia Commons5

Regional bank based in Tupelo, Mississippi

Renasant Bank is an American regional commercial financial institution based in Tupelo, Mississippi. The bank has more than 280 branches in Alabama, Florida, Georgia, Mississippi, Louisiana, Tennessee, North Carolina and South Carolina. Renasant Bank operates under the parent company Renasant Corporation and is affiliated with Renasant Nation, a platform through which they publish blogs and shows.3 Its shares trade on NYSE under the symbol RNST.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

1904Founded1

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  • TickerRNST on NYSE1
  • Industryfinancial services1
  • HeadquartersTupelo1
  • Websitewww.renasantbank.com
  • Incorporated inMS6
  • Business address209 Troy Street, Tupelo, Ms 38804-48276
  • Filer categoryLarge accelerated filer6
  • Legal formSavings Bank4
  • LEI5493002RF1ERFA2XR0504
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address209 Troy Street, 38804 Tupelo, United States4
  • Registered withFederal Deposit Insurance Corporation, 124374
Renasant Bank on Mahan Drive, Tallahassee, Florida
Photo: The Bushranger, CC BY-SA 4.0, via Wikimedia Commons9

Renasant Bank is an American regional commercial financial institution based in Tupelo, Mississippi. The bank has more than 280 branches in Alabama, Florida, Georgia, Mississippi, Louisiana, Tennessee, North Carolina and South Carolina. Renasant Bank operates under the parent company Renasant Corporation and is affiliated with Renasant Nation, a platform through which they publish blogs and shows.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income1011121314$181.3M in 2025+8% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $167.6M$167.6M20192020: $83.7M$83.7M2020−50%2021: $175.9M$175.9M2021+110%2022: $166.1M$166.1M2022−6%2023: $144.7M$144.7M2023−13%2024: $195.5M$195.5M2024+35%2025: $181.3M$181.3M2025−7%

Every line of the income statement as filed: the last 3 fiscal years, latest first.14

Period ending2025-12-312024-12-312023-12-31
Loans$1.1B$806.3M$716.5M
Taxable$90.1M$37.4M$44.5M
Tax-exempt$10.9M$4.5M$6.0M
Other$33.3M$39.6M$30.4M
Total interest income$1.3B$887.8M$797.3M
Deposits$412.6M$346.6M$232.3M
Borrowings$45.7M$29.0M$45.7M
Total interest expense$458.3M$375.6M$278.0M
Net interest income$804.0M$512.2M$519.3M
Provision for credit losses on loans$92.6M$11.2M$18.8M
Provision for (reversal of) credit losses on unfunded commitments$14.9M-$2.0M-$3.2M
Provision for credit losses$107.5M$9.3M$15.6M
Net interest income after provision for credit losses$696.5M$502.9M$503.7M
Service charges on deposit accounts$51.9M$41.8M$39.2M
Fees and commissions$19.8M$16.2M$17.9M
Insurance commissions$0$5.5M$11.1M
Wealth management revenue$31.2M$23.6M$22.1M
Mortgage banking income$37.4M$36.4M$32.4M
Gain on sale of insurance agency$0$53.3M$0
Gain on debt extinguishment$0$56.0K$620.0K
Net losses on sales of securities$0$0-$22.4M
Impairment losses on securities$0$0-$19.4M
BOLI income$14.2M$11.6M$10.5M
Other$27.4M$15.3M$21.0M
Total noninterest income$181.9M$203.7M$113.1M
Salaries and employee benefits$368.6M$283.8M$281.8M
Data processing$20.7M$16.0M$15.2M
Net occupancy and equipment$63.7M$46.0M$46.5M
Other real estate owned$1.7M$858.0K$267.0K
Professional fees$14.9M$12.4M$13.7M
Advertising and public relations$18.4M$16.2M$14.7M
Intangible amortization$27.1M$4.7M$5.4M
Communications$13.7M$8.4M$8.2M
Merger and conversion related expenses$49.3M$13.3M$0
Other$73.8M$60.0M$53.9M
Total noninterest expense$651.7M$461.6M$439.6M
Income before income taxes$226.7M$245.0M$177.2M
Income taxes$45.5M$49.5M$32.5M
Net income (loss)$181.3M$195.5M$144.7M
Basic earnings per share (usd per share)$2.09$3.29$2.58
Diluted earnings per share (usd per share)$2.07$3.27$2.56

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Corporate structure

Renasant Bank is part of a group headed by Renasant Corporation. 24 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Renasant Bank

  • Renasant Corporation Tupelo, Mississippi, United States
    • Renasant Bank Tupelo, Mississippi, United States
      • Brand Group Holdings Statutory Trust I Subsidiary · Delaware, United States
      • Brand Group Holdings Statutory Trust II Subsidiary · Delaware, United States
      • Brand Group Holdings Statutory Trust III Subsidiary · Delaware, United States
      • Brand Group Holdings Statutory Trust IV Subsidiary · Delaware, United States
      • Capital Bancorp Capital Trust I Subsidiary · Delaware, United States
      • Continental Republic Capital, LLC Subsidiary · Louisiana, United States
      • First M&F Statutory Trust I Subsidiary · Delaware, United States
      • FMB Capital Trust I Subsidiary · Delaware, United States
      • HF Air, LLC Subsidiary · Mississippi, United States
      • Liberty Shares Statutory Trust II Subsidiary · Connecticut, United States
      • Park Place Capital Corporation Subsidiary · Tennessee, United States
      • Park Place Capital Securities Corporation Subsidiary · Delaware, United States
      • PHC Statutory Trust I Subsidiary · Connecticut, United States
      • PHC Statutory Trust II Subsidiary · Delaware, United States
      • Primeco, Inc. Subsidiary · Delaware, United States
      • Renasant Capital Corp. II Subsidiary · Maryland, United States
      • Renasant Capital Funding Corp. Subsidiary · Georgia, United States
      • Renasant Investment Corp. Subsidiary · Delaware, United States
      • Renasant Leasing Corp. II Subsidiary · Tennessee, United States
      • Renasant Securities Corp. Subsidiary · Mississippi, United States
      • The First Bancshares Statutory Trust II Subsidiary · Delaware, United States
      • The First Bancshares Statutory Trust III Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Renasant Bank reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Operating-lease assets (leased space)$55.9M14 Dec 31, 2025$46.8M14 Dec 31, 2024+19.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.1B14 Dec 31, 2025$1.1B14 Dec 31, 2024−2.0%
Debt securities available for sale$2.6B14 Dec 31, 2025$831.0M14 Dec 31, 2024+208.2%
Debt securities held to maturity$1.0B14 Dec 31, 2025$1.1B14 Dec 31, 2024−8.5%
Loans, net of allowance$18.8B14 Dec 31, 2025$12.7B14 Dec 31, 2024+47.9%
Deposits held (banks)$21.5B14 Dec 31, 2025$14.6B14 Dec 31, 2024+47.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.4B14 Dec 31, 2025$988.9M14 Dec 31, 2024+42.2%
Intangible assets, net (excluding goodwill)$146.6M14 Dec 31, 2025$14.1M14 Dec 31, 2024+939.4%
Finite-lived intangibles, gross$249.8M14 Dec 31, 2025$90.2M14 Dec 31, 2024+177.0%
Accumulated amortization$103.2M14 Dec 31, 2025$76.1M14 Dec 31, 2024+35.6%
Finite-lived intangibles, net$146.6M14 Dec 31, 2025$14.1M14 Dec 31, 2024+939.4%

Properties, in its own words

The principal executive offices of the Company are located at 209 Troy Street, Tupelo, Mississippi. Various departments occupy each floor of the five-story building.

As of December 31, 2025, Renasant operated 246 full-service branches, 13 limited-service branches, 255 ATMs and 63 Interactive Teller Machines (ITMs). Our Community Banks and Wealth Management segments operate out of all of these branches.

The rest of Item 2

The Bank also operates 11 locations used exclusively for mortgage banking and seven locations used exclusively for loan production. The Wealth Management segment operates two locations used exclusively for investment services.

Republic Business Credit, a wholly-owned subsidiary of the Bank, operates four stand-alone offices in California, Illinois, Louisiana and Texas.

We own or lease our facilities and believe all of our properties are in good condition to meet our business needs. None of our properties are subject to any material encumbrances.

Item 2 of the 10-K filed Mar 2, 2026.18

The story

Renasant began as The Peoples Bank and Trust Company in 1904. Throughout the 1980s and 1990s the bank grew by acquiring small local banks in Mississippi. In 2005, it acquired Heritage Bank of Decatur, Alabama, and Renasant Bancshares of Memphis, Tennessee and assumed the new Renasant Bank moniker. In 2007, Renasant acquired Capital Bank of Nashville, Tennessee.

In 2010, as part of the financial crisis, it acquired the failed Crescent Bank and Trust of Jasper, Georgia and later the American Trust Bank of Roswell, Georgia, both suburban Atlanta banks. Additional acquisitions followed in the 2010s, Merchants and Farmers Bank of Kosciusko, Mississippi in 2013, Heritage Bank of the South in Albany, Georgia, in 2015, and Keyworth Bank of Johns Creek, Georgia. In the third quarter of 2018, Renasant acquired BrandBank of Lawrenceville, Georgia, adding 13 more locations.

In early 2025, Renasant acquired The First Bancshares, Inc., the parent company of The First Bank, headquartered in Hattiesburg, Mississippi, which added more than $8 billion in assets, 111 locations and introduced the company into the state of Louisiana.

From Wikipedia’s article on Renasant Bank, shared under CC BY-SA 4.0.7

Leadership

Who has led Renasant Bank, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (62)

Products and brands

  • financial services

Listed on Wikidata.1

Renasant Bank offers checking and savings accounts, credit cards, wealth management, and digital banking services. It also offers conforming, FHA, Jumbo, VA, and USDA mortgages as well as HELOCs. For businesses, it offers treasury and corporate banking services.

From Wikipedia’s article on Renasant Bank, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Parent company (GLEIF)

Subsidiaries (Exhibit 21)

  • Brand Group Holdings Statutory Trust I Delaware8
  • Brand Group Holdings Statutory Trust II Delaware8
  • Brand Group Holdings Statutory Trust III Delaware8
  • Brand Group Holdings Statutory Trust IV Delaware8
  • Capital Bancorp Capital Trust I Delaware8
  • Continental Republic Capital, LLC Louisiana8
  • FMB Capital Trust I Delaware8
  • First M&F Statutory Trust I Delaware8
  • HF Air, LLC Mississippi8
  • Liberty Shares Statutory Trust II Connecticut8
  • PHC Statutory Trust I Connecticut8
  • PHC Statutory Trust II Delaware8
  • Park Place Capital Corporation Tennessee8
  • Park Place Capital Securities Corporation Delaware8
  • Primeco, Inc. Delaware8
  • Renasant Bank Mississippi8
  • Renasant Capital Corp. II Maryland8
  • Renasant Capital Funding Corp. Georgia8
  • Renasant Investment Corp. Delaware8
  • Renasant Leasing Corp. II Tennessee8
  • Renasant Securities Corp. Mississippi8
  • The First Bancshares Statutory Trust II Delaware8
  • The First Bancshares Statutory Trust III Delaware8

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • PEOPLES HOLDING COApr 27, 1994 to Apr 5, 20056

Timeline

  1. Aug 25, 20268-K Executive or director change; Regulation FD disclosure87
  2. Aug 6, 20268-K Regulation FD disclosure88
  3. Jul 28, 20268-K Results of operations; Regulation FD disclosure89
  4. May 15, 20268-K Regulation FD disclosure90
  5. May 7, 20268-K Entered a material agreement; New debt or obligation; Regulation FD disclosure91
  6. May 1, 20268-K Bylaws or fiscal year changed; Shareholder vote92
  7. Apr 30, 20268-K Regulation FD disclosure93
  8. Apr 28, 20268-K Results of operations; Regulation FD disclosure94
  9. Mar 16, 20268-K Executive or director change95
  10. Feb 3, 20268-K Regulation FD disclosure96
  11. Jan 27, 20268-K Results of operations; Regulation FD disclosure97
  12. Jan 5, 2026New chief executive Kevin D. Chapman becomes CEO19
  13. Nov 14, 20258-K Executive or director change98
  14. Jan 30, 2019New chief executive C. Mitchell Waycaster becomes CEO20
  15. Jan 3, 2006New chief executive Edward Robinson McGraw becomes CEO21
  16. Apr 24, 1992Went public Listed on NASDAQ1
  17. Feb 27, 1904Parent Directly consolidated by Renasant Corporation4
  18. 1904Founded Founded1

Calendar

Coming up

  1. Oct 27, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.77 a share, on Oct 28, 2025.99

When it reported results

  1. Jul 28, 2026Reported quarterly or annual results89
  2. Apr 28, 2026Reported quarterly or annual results94
  3. Jan 27, 2026Reported quarterly or annual results97
  4. Oct 28, 2025Reported quarterly or annual results100
  5. Jul 22, 2025Reported quarterly or annual results101
  6. Apr 22, 2025Reported quarterly or annual results102
  7. Jan 28, 2025Reported quarterly or annual results103
  8. Oct 22, 2024Reported quarterly or annual results104

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

474 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 73 major events, 290 insider forms, 27 large holders, 63 other. The latest 20:

  1. Oct 6, 20264 EDGAR
  2. Oct 6, 20263 EDGAR
  3. Oct 2, 20264 EDGAR
  4. Aug 25, 20268-K EDGAR
  5. Aug 13, 2026SCHEDULE 13G EDGAR
  6. Aug 6, 20268-K EDGAR
  7. Aug 5, 202610-Q EDGAR
  8. Aug 3, 2026144 EDGAR
  9. Aug 3, 20264 EDGAR
  10. Jul 28, 20268-K EDGAR
  11. Jul 2, 20264 EDGAR
  12. Jul 1, 202610-K/A EDGAR
  13. Jun 25, 202611-K EDGAR
  14. Jun 9, 20264 EDGAR
  15. May 21, 20264 EDGAR
  16. May 19, 20264 EDGAR
  17. May 15, 20264 EDGAR
  18. May 15, 20268-K EDGAR
  19. May 14, 2026144 EDGAR
  20. May 12, 2026SCHEDULE 13G EDGAR

The 474 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

15 open-market trades by officers, directors and large owners since October 2021: 5 buys and 10 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 3, 2026MCGRAW EDWARD ROBINSONDirectorSale35,000$43.88$1.5MForm 4
May 29, 2026Engel Connie LDirectorSale1,257$40.90$51.4KForm 4
May 19, 2026DALE ALBERT J IIIDirectorSale1,650$39.80$65.7KForm 4
May 14, 2026WAYCASTER C MITCHELLExecutive Vice ChairmanSale12,704$39.50$501.8KForm 4
Mar 4, 2026Hutcheson KellyEVP/Chief Accounting OfficerSale1,350$38.65$52.2KForm 4
Feb 13, 2026COLE M RAY JRSEVP and Executive AdvisorSale20,000$40.63$812.6KForm 4
Feb 2, 2026Jeanfreau MarkEVP/General CounselSale6,000$37.88$227.3KForm 4
Jan 30, 2026Mabry James C. IVEVP and CFOSale12,500$37.83$472.9KForm 4
Nov 11, 2025LEVY JONATHAN ADirectorBuy2,000$34.79$69.6KForm 4
Aug 1, 2025LEVY JONATHAN ADirectorBuy2,000$35.64$71.3KForm 4
Feb 21, 2025Hutcheson KellyEVP/Chief Accounting OfficerSale1,310$36.72$48.1KForm 4
Nov 6, 2024CREEKMORE JOHNDirectorSale3,000$38.00$114.0KForm 4
May 10, 2023Perry Curtis JEVPBuy10,000$24.45$244.5KForm 4
May 3, 2023FOY JOHNDirectorBuy3,000$25.95$77.8KForm 4
Apr 7, 2023HOLLAND NEAL A JRDirectorBuy500$30.00$15.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Kevin D. ChapmanPrincipal Executive Officer50$775.0K$3.4M113
2025C. Mitchell WaycasterPrincipal Executive Officer67$561.7K$2.2M113
2025M. Ray (Hoppy) Cole, Jr.Senior Executive Advisor64$420.0K$2.1M113
2025James C. Mabry IVPrincipal Financial Officer68$575.0K$2.0M113
2025Mark W. JeanfreauExecutive Vice President51$475.0K$1.7M113
2025Curtis J. PerryExecutive Vice President63$500.0K$1.6M113
2024C. Mitchell WaycasterPrincipal Executive Officer67$765.0K$3.5M113
2024Kevin D. ChapmanPrincipal Executive Officer50$630.0K$2.5M113
2024James C. Mabry IVPrincipal Financial Officer68$560.0K$1.9M113
2024Curtis J. PerryExecutive Vice President63$490.0K$1.6M113
2023C. Mitchell WaycasterPrincipal Executive Officer67$765.0K$2.8M113
2023Kevin D. ChapmanPrincipal Executive Officer50$620.0K$2.0M113
2023James C. Mabry IVPrincipal Financial Officer68$560.0K$1.5M113
2023Curtis J. PerryExecutive Vice President63$490.0K$1.3M113

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.13,321,187$566.7M0.0%−305,111
Wellington Management Group Llp5,779,920$245.9M0.0%+1,453,908
Vanguard Portfolio Management LLC5,778,684$245.8M0.0%−31,917
Dimensional Fund Advisors LP5,408,267$230.1M0.0%+79,595
State Street Corp5,139,537$218.7M0.0%+285,562
Vanguard Capital Management LLC4,149,243$176.5M0.0%−102,429
Invesco Ltd.2,889,528$122.9M0.0%+273,095
Victory Capital Management Inc2,715,878$115.5M0.1%−338,629
Geode Capital Management, LLC2,408,579$102.5M0.0%+98,218
Principal Financial Group Inc2,047,754$87.1M0.0%+786,594
Frontier Capital Management Co LLC1,778,953$75.7M0.7%+76,240
Nomura Asset Management International Inc.1,725,063$73.4M0.1%−85,044
Westwood Holdings Group Inc1,689,571$71.9M0.5%−288,976
Goldman Sachs Group Inc1,613,420$68.6M0.0%+116,905
Channing Capital Management, LLC1,512,557$64.3M1.5%−654,347
Jennison Associates LLC1,372,549$58.4M0.0%−27,055
Allspring Global Investments Holdings, LLC1,138,049$49.7M0.1%−439,163
Citadel Advisors LLC1,114,752$47.4M0.0%+776,851
Charles Schwab Investment Management Inc1,101,966$46.9M0.0%−9,195
Northern Trust Corp1,053,914$44.8M0.0%+74,580
UBS Group AG1,028,702$43.8M0.0%+607,441
Bank of New York Mellon Corp810,683$34.5M0.0%+4,458
Morgan Stanley801,791$34.1M0.0%+123,133
Manufacturers Life Insurance Company, The787,537$33.5M0.0%−1,917
William Blair Investment Management, LLC772,965$32.9M0.1%−207,855

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Renasant Bank is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRENASANT CORP2
  • CIK0000715072
  • Employer ID (EIN)64-067697418
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
  • Incorporated inMississippi18
  • Fiscal year endsDecember 312
  • Industry code (SIC)6022 State Commercial Banks2
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance2
  • Business address209 Troy Street, Tupelo, MS 38804-48272
  • Mailing addressP.O. Box 709, Tupelo, MS 38802-07092
  • Phone(662) 680-10012
  • Shares outstanding91,404,465 as of Jul 31, 202616
  • Public float$3.3B as of Jun 30, 202518
  • AuditorBDO USA, P.C (formerly Horne LLP), Memphis, TN PCAOB ID 243; it also attests to the company’s internal control over financial reporting18
  • On EDGAR sinceApr 27, 19942
  • Filings3,032 in all: 4 (2,011), 8-K (322), 5 (102), 10-Q (98), 425 (48), SC 13G/A (46), 3 (43), 4/A (34)2
    All 53 form types

    DEF 14A (32), 10-K (27), 11-K (26), DEFA14A (19), S-8 (19), 424B5 (15), CORRESP (15), 8-K/A (14), EFFECT (13), UPLOAD (13), 424B3 (11), SC 13G (11), FWP (10), S-4 (10), S-4/A (8), SCHEDULE 13G (8), 144 (6), PRE 14A (6), S-3 (6), 10-K405 (5), 5/A (5), ARS (5), SCHEDULE 13G/A (5), 305B2 (4), S-3/A (4), S-3ASR (4), 10-K/A (3), 3/A (3), 8-A12B (2), 8-A12B/A (2), 8-A12G (2), POS AM (2), 10-K405/A (1), 25 (1), 424B4 (1), CERT (1), D (1), DEFR14A (1), NT 11-K (1), RW (1), RW WD (1), S-4 POS (1), S-8 POS (1), SC TO-I (1), SC TO-I/A (1)

  • Latest filingsAnnual report (10-K) Mar 2, 2026
    Quarterly report (10-Q) Aug 5, 2026
    Proxy statement (DEF 14A) Mar 18, 2026
    Latest 8-K (8-K) Aug 25, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, $5.00 par value per shareRNSTThe New York Stock Exchange

From the cover page of the 10-K filed Mar 2, 2026 (Section 12(b) of the Exchange Act).18

Risk factors and legal proceedings

The risks Renasant Bank names in Item 1A of its 10-K filed Mar 2, 2026: 31 risks under these headings, as written.18

  • Risks Related to Our Industry
  • We are subject to lending risk.
  • Our allowance for credit losses may be insufficient, and we may be required to further increase our provision for credit losses.
  • We are subject to interest rate risk.
  • Our financial results are constantly exposed to market risk.
  • Inflation can have an impact on our business and our customers.
  • Liquidity needs could adversely affect our results of operations and financial condition.
  • We depend on the accuracy and completeness of information furnished by others about customers and counterparties.
  • Competition in our industry is intense and may adversely affect our profitability.
  • We may be adversely affected by the soundness of other financial institutions and other third parties.
  • We are subject to extensive government regulation, and such regulation could limit or restrict our activities and adversely affect our earnings.
  • Higher FDIC deposit insurance premiums and assessments could adversely affect our financial condition.
The other 20 risks
  • The Company’s financial condition and results of operations contain estimates and assumptions made by management that could be inaccurate.
  • We are subject to environmental liability risk associated with lending activities.
  • Risks Related to Our Business
  • Our business may be adversely affected by current economic conditions in general and specifically in the markets in which we operate.
  • We have a high concentration of loans secured by real estate.
  • We have significant credit exposure in commercial real estate.
  • We rely extensively on a number of vendors.
  • Fraud is a major, and increasing, operational risk for us and all banks.
  • A failure or breach of our communications and information security systems, or those of our vendors and customers, and cybersecurity incidents, including cyber-attacks, could disrupt our business, result in the disclosure or misuse of confidential or proprietary information, damage our reputation and create significant financial and legal exposure for us.
  • The Company’s development and use of artificial intelligence, including generative and agentic artificial intelligence and machine learning, presents risks and challenges that may materially and adversely impact the Company’s business.
  • Our risk management framework may not be effective in mitigating risk and loss to us.
  • We recently identified a material weakness in our internal control over financial reporting, which could impact the Company’s ability to report its results of operations and financial condition accurately and in a timely manner.
  • Our financial condition and results of operations could be negatively affected if we fail to grow or fail to manage our growth effectively.
  • We may fail to realize the anticipated benefits of our acquisitions.
  • The First may have liabilities that are not known to us.
  • We may face risks with respect to future acquisitions.
  • Risks Associated With Our Common Stock
  • Our ability to declare and pay dividends is limited by law, and we may be unable to pay future dividends.
  • Holders of our junior subordinated debentures have rights that are senior to those of our common shareholders.
  • Our Articles of Incorporation and Bylaws, as well as certain banking laws, could decrease our chances of being acquired even if our acquisition is in our shareholders’ best interests.
  • Our issuance of preferred stock could adversely affect holders of our common stock and discourage a takeover.
  • Shares eligible for future sale could have a dilutive effect.

Legal proceedings

There are no material pending legal proceedings to which the Company, the Bank, or any of its subsidiaries are a party or to which any of their property is subject, and no such legal proceedings were terminated in the fourth quarter of 2025.

The opening of Item 3, Legal Proceedings.18

Sources

The numbers on this page point here. Each one links to the record it came from.

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