8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of The Securities Exchange Act of 1934

January 17, 2006

Date of Report (Date of Earliest Event Reported)

RENASANT CORPORATION

(Exact Name of Registrant as Specified in its Charter)

Mississippi	000-12154	64-0676974
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

209 Troy Street, Tupelo, Mississippi 38802-0709

(Address of Principal Executive Offices) (Zip Code)

Registrant’s Telephone Number, including area code: (662) 680-1001

(Former Name or Former Address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition.

On January 17, 2006, Renasant Corporation issued a press release announcing earnings for the fourth quarter of 2005. The press release is furnished as Exhibit 99.1 to this Form 8-K.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release dated January 17, 2006 issued by Renasant Corporation announcing fourth quarter 2005 earnings.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	RENASANT CORPORATION Registrant
DATE: January 17, 2006	/s/ E. Robinson McGraw
	E. Robinson McGraw Chairman, President & Chief Executive Officer

EXHIBIT INDEX

EXHIBIT NUMBER	DESCRIPTION
99.1	Press release dated January 17, 2006 issued by Renasant Corporation announcing fourth quarter 2005 earnings.

EX-99.1

EXHIBIT 99.1

Contact:	Jim Gray	Stuart Johnson
	Senior Executive Vice President & CIO	Senior Executive Vice President & CFO
	(662) 680-1217	(662) 680-1472
	jimg@renasant.com	stuartj@renasant.com

RENASANT CORPORATION ANNOUNCES

RECORD EARNINGS PER SHARE FOR 2005

TUPELO, MISSISSIPPI (January 17, 2006) – Renasant Corporation (NASDAQ:RNST) (“Renasant” or the “Company”) today announced record earnings per share for 2005. Basic and diluted earnings per share were $2.33 and $2.31 for 2005, respectively, up 8.37% and 7.94% compared to basic and diluted earnings per share of $2.15 and $2.14 for 2004, respectively. Net income for 2005 was $24,209,000, up 31.26%, or $5,766,000, from 2004.

Basic and diluted earnings per share were $.60 for the fourth quarter of 2005, compared to basic and diluted earnings per share of $.45 for the fourth quarter of 2004. Net income for the fourth quarter of 2005 was $6,218,000, compared to $4,048,000 from the fourth quarter of 2004.

“We are pleased with our 2005 performance as we continue to realize the benefits of our mergers with Heritage Financial Holding Corporation (“Heritage”) and Renasant Bancshares, Inc. Consistent with our strategic goals, we continue to experience a low level of charge-offs and non-performing loans. Net interest margin for the fourth quarter of 2005 improved slightly from

the third quarter of 2005 while non-interest income continues to be strong. Reflecting this performance, we are excited to mention that, in their January 9, 2006 report, Stephens Inc. Investment Bankers selected Renasant as the “Best Idea to Start the New Year” for investment in a bank or thrift,” commented Renasant Chairman and Chief Executive Officer, E. Robinson McGraw.

Total assets as of December 31, 2005 were $2.398 billion, an increase of 40.45%, from December 31, 2004, reflecting primarily the acquisition of Heritage. Total loans grew 44.22% to $1.646 billion at the end of the fourth quarter of 2005 from December 31, 2004 while total deposits grew 41.69% to $1.868 billion during the same period. The increase in total loans and total deposits was also primarily due to the Heritage acquisition. Excluding the balances from the Heritage acquisition, total loans and deposits at December 31, 2005 grew $115,002,000, or 10.07%, and $168,776,000, or 12.80%, respectively, from December 31, 2004.

“We are realizing strong growth in loans and deposits for our Tennessee division, with increases of over $94 million and $65 million for 2005, respectively, over 2004. We are beginning to realize solid loan growth in Alabama with a $13 million increase in loans since the Heritage acquisition. Alabama deposit growth has been robust in 2005 with $43 million in deposits generated since the Heritage acquisition, including the intentional runoff of nearly $20 million in brokered deposits which Heritage held at the time of the merger. In Mississippi, deposit growth remained strong at $61 million for 2005 while loans have grown by $8 million,” stated McGraw. “It is important to note that approximately 70% of our loans and 61% of our deposits are now in what we consider to be key growth markets.”

“We continue to expand our presence in new growth markets with the recent opening of a full-service banking office in a high profile East Memphis, Tennessee location, and we expect to open a full service banking office in Collierville, Tennessee in the first quarter of 2006,” commented McGraw. “We have acquired a prime location on the historic square in Oxford, Mississippi to compliment our recently opened full service banking office located at one of Oxford’s busiest intersections and our ATM located on the campus of the University of Mississippi. Our strategic plan also calls for the opening of additional offices in Huntsville, Nashville, Birmingham and other growth markets in 2006 and 2007,” continued McGraw.

Net interest income grew 37.34% to $20,914,000 for the fourth quarter of 2005 compared to $15,228,000 for the same period in 2004 due to loan growth and the Company’s acquisition of Heritage. During the fourth quarter of 2005, the Company recorded $740,000 in interest income as cash flows from certain Heritage loans accounted for under SOP 03-3 exceeded initial estimates. Net interest margin decreased to 4.11% for the fourth quarter of 2005 from 4.20% for the fourth quarter of 2004. The additional interest income from the Heritage loans accounted for under SOP 03-3 increased net interest margin for the fourth quarter of 2005 by 14 basis points. Excluding this increase, net interest margin for the fourth quarter of 2005 was 3.97%, up 3 basis points from 3.94% in the third quarter of 2005.

Noninterest income increased 52.86% to $10,118,000 for the fourth quarter of 2005 from $6,619,000 for the fourth quarter of 2004. Noninterest income for the fourth quarter of 2004 includes $1,093,000 from an other-than-temporary impairment charge on certain Fannie Mae and Freddie Mac preferred stock held in our securities portfolio. The increase in noninterest income was due to the combination of the Heritage acquisition and improvements in service charges,

fees and commissions generated on the Company’s loan and deposit products, trust revenue and gains on the sale of mortgage loans.

Noninterest expense was $21,557,000 for the fourth quarter of 2005 compared to $16,631,000 for the fourth quarter of 2004 due primarily to the acquisition of Heritage. Noninterest expense to average assets decreased to 3.59% for the fourth quarter of 2005 compared to 3.92% for the fourth quarter of 2004. The decrease reflects the planned elimination of duplicate data processing operations and staff as a result of the Heritage merger, reduced data processing costs through contract renegotiations with the Company’s primary vendor and planned Mississippi staff reductions.

“Included in 2005 and 2004 earnings are after-tax expenses of $420,000 and $313,000, respectively, related to the expensing of stock options. We elected to expense stock options at the beginning of 2001, and this decision reduced 2005 and 2004 earnings by $.04 and $.03 per share, respectively,” stated McGraw.

Credit quality remained strong during the fourth quarter of 2005. Annualized net charge-offs as a percentage of average loans were .19% for the fourth quarter of 2005, down from .64% for the fourth quarter of 2004. Of the fourth quarter 2004 net charge-offs, $1,634,000, or .57%, was related to the sale of commercial and commercial real estate loans during the fourth quarter of 2004. The credit quality of these loans had declined below the desired credit standards of the Company. Existing reserves on these loans exceeded the charge-off amount by $612,000 which reduced the loan loss provision for the fourth quarter of 2004. Net charge-offs as a percentage of average loans for the year ended December 31, 2005, were .20% compared to .32% for 2004. Non-performing loans as a percentage of total loans were ..42% at December 31, 2005, as

compared to .76% as of December 31, 2004. The allowance for loan losses as a percentage of loans was 1.12% at December 31, 2005, as compared to 1.26% for December 31, 2004. The non-performing loan coverage ratio was 266.52% at December 31, 2005 compared to 166.30% at December 31, 2004.

The acquisition of Heritage was completed on January 1, 2005 using the purchase accounting method under generally accepted accounting principles. Under this method of accounting, the financial statements of the Company do not reflect the results of operations of Heritage prior to January 1, 2005. The balance sheet of the Company as of December 31, 2005, however, reflects the Company’s acquisition of Heritage, including total assets of $540.3 million, total loans of $389.8 million, total deposits of $381.0 million, goodwill of $47.6 million and core deposits intangible of $4.6 million. The Company issued 1,369,589 shares of Renasant common stock and paid $23.1 million cash in connection with the acquisition.

CONFERENCE CALL INFORMATION

A live audio webcast of a conference call with analysts will be available beginning at 10:00 a.m. Eastern time on Wednesday, January 18, 2006, through the Company’s website: www.renasant.com, and through Thompson/CCBN’s individual investor center at www.fulldisclosure.com, or any of Thompson/CCBN’s Investor Distribution Network. The event will be archived for 90 days. If Internet access is unavailable, the conference may also be heard live (listen-only) via telephone by dialing 1-866-711-8198 in the United States and entering the participant passcode: 53151230. The conference call will be available for replay by dialing 888-286-8010 and entering passcode: 38741162.

ABOUT RENASANT CORPORATION

Renasant Corporation is the parent of Renasant Bank and Renasant Insurance. Renasant has assets of approximately $2.4 billion and operates 61 banking and insurance offices in 36 cities in Mississippi, Tennessee and Alabama.

NOTE TO INVESTORS

This news release may contain, or incorporate by reference, statements which may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward looking statements usually include words such as “expects,” “projects,” “anticipates,” “believes,” “intends,” “estimates,” “strategy,” “plan,” “potential,” “possible” and other similar expressions.

Prospective investors are cautioned that any such forward-looking statements are not guarantees for future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include significant fluctuations in interest rates, inflation, economic recession, significant changes in the federal and state legal and regulatory environment, significant underperformance in our portfolio of outstanding loans, and competition in our markets. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

RENASANT CORPORATION

(Unaudited)

(Dollars in thousands, except per share data)

	2005												2004												4th Qtr 2005 - 4th Qtr 2004		For the Year Ended December 31,
Statement of earnings	Fourth Quarter			Third Quarter			Second Quarter			First Quarter			Fourth Quarter			Third Quarter			Second Quarter			First Quarter			Percent Variance		2005			2004			Percent Variance
Interest income—taxable equivalent basis	$	35,620		$	33,249		$	32,718		$	30,146		$	21,803		$	21,538		$	18,418		$	18,441		63.37		$	131,733		$	80,200		64.26
Interest income	$	34,777		$	32,417		$	31,900		$	29,295		$	21,076		$	20,805		$	17,559		$	17,584		65.01		$	128,389		$	77,024		66.69
Interest expense		13,863			12,678			11,445			9,977			5,848			5,802			5,012			5,134		137.06			47,963			21,796		120.05
Net interest income		20,914			19,739			20,455			19,318			15,228			15,003			12,547			12,450		37.34			80,426			55,228		45.63
Provision for loan losses		712			833			848			597			(82	)		636			488			505		(968.29	)		2,990			1,547		93.28
Net interest income after provision		20,202			18,906			19,607			18,721			15,310			14,367			12,059			11,945		31.95			77,436			53,681		44.25
Service charges on deposit accounts		4,377			4,358			4,167			3,874			3,856			4,067			3,732			3,700		13.51			16,776			15,355		9.25
Fees and commissions on loans and deposits		2,865			2,853			2,965			2,505			1,812			1,975			1,958			1,671		58.11			11,188			7,416		50.86
Insurance commissions and fees		881			955			906			831			887			993			890			820		(0.68	)		3,573			3,590		(0.47	)
Trust revenue		644			613			611			625			419			658			606			464		53.70			2,493			2,147		16.12
Gain (loss) on sale of securities		—			—			(32	)		102			(1,130	)		51			(31	)		89		(100.00	)		70			(1,021	)	(106.86	)
Gain on sale of mortgage loans		673			766			673			693			166			138			151			128		305.42			2,805			583		381.13
Gain on sale of merchant business		—			—			—			—			—			—			1,000			—		—			—			1,000		(100.00	)
Merchant discounts		2			2			2			2			39			7			270			356		(94.87	)		8			672		(98.81	)
Other		676			697			659			1,271			570			489			543			943		18.60			3,303			2,545		29.78
Total non-interest income		10,118			10,244			9,951			9,903			6,619			8,378			9,119			8,171		52.86			40,216			32,287		24.56
Salaries and employee benefits		11,438			11,696			11,520			11,459			8,755			9,106			7,952			7,593		30.65			46,113			33,406		38.04
Occupancy and equipment		2,785			2,220			2,222			2,605			2,406			2,095			1,727			1,566		15.75			9,832			7,794		26.15
Data processing		1,056			966			962			1,044			1,159			1,020			1,141			1,163		(8.89	)		4,028			4,483		(10.15	)
Amortization of intangibles		543			557			571			586			389			403			100			123		39.59			2,257			1,015		122.36
Other		5,735			5,125			5,581			5,269			3,922			3,586			3,262			3,241		46.23			21,710			14,011		54.95
Total non-interest expense		21,557			20,564			20,856			20,963			16,631			16,210			14,182			13,686		29.62			83,940			60,709		38.27
Income before income taxes		8,763			8,586			8,702			7,661			5,298			6,535			6,996			6,430		65.40			33,712			25,259		33.47
Income taxes		2,545			2,261			2,495			2,202			1,250			1,844			1,939			1,783		103.60			9,503			6,816		39.42
Net income	$	6,218		$	6,325		$	6,207		$	5,459		$	4,048		$	4,691		$	5,057		$	4,647		53.61		$	24,209		$	18,443		31.26
Basic earnings per share	$	0.60		$	0.61		$	0.60		$	0.52		$	0.45		$	0.52		$	0.61		$	0.57		33.33		$	2.33		$	2.15		8.37
Diluted earnings per share		0.60			0.60			0.59			0.52			0.45			0.52			0.61			0.57		33.33			2.31			2.14		7.94
Average basic shares outstanding		10,318,913			10,396,579			10,400,330			10,406,243			9,024,384			8,977,549			8,186,826			8,191,530		14.34			10,380,320			8,597,267		20.74
Average diluted shares outstanding		10,429,769			10,511,212			10,518,760			10,560,330			9,081,944			9,042,695			8,207,941			8,212,533		14.84			10,491,067			8,637,008		21.47
Common shares outstanding		10,289,510			10,380,372			10,397,897			10,412,775			9,046,997			9,018,145			8,186,826			8,186,826		13.73			10,289,510			9,046,997		13.73
Cash dividend per common share	$	0.22		$	0.22		$	0.22		$	0.21		$	0.21		$	0.21		$	0.20		$	0.20		4.76		$	0.87		$	0.82		6.10
Performance ratios
Return on average shareholders' equity		10.45	%		10.57	%		10.64	%		9.40	%		9.07	%		10.49	%		14.02	%		13.27	%				10.29	%		11.52	%
Return on average shareholders' equity, excluding amortization expense		11.01	%		11.14	%		11.25	%		10.16	%		9.55	%		10.98	%		14.27	%		13.56	%				10.87	%		11.91	%
Return on average assets		1.04	%		1.07	%		1.06	%		0.93	%		0.95	%		1.12	%		1.40	%		1.29	%				1.03	%		1.18	%
Return on average assets, excluding amortization expense		1.09	%		1.12	%		1.12	%		1.01	%		1.00	%		1.17	%		1.43	%		1.32	%				1.09	%		1.22	%
Net interest margin (FTE)		4.11	%		3.94	%		4.14	%		3.98	%		4.20	%		4.16	%		4.10	%		4.09	%				4.05	%		4.14	%
Yield on earning assets (FTE)		6.73	%		6.36	%		6.36	%		5.95	%		5.74	%		5.69	%		5.64	%		5.67	%				6.36	%		5.68	%
Average earning assets to average assets		88.18	%		88.06	%		88.10	%		87.54	%		89.10	%		89.52	%		91.10	%		90.79	%				87.94	%		90.01	%
Average loans to average deposits		89.96	%		90.68	%		90.75	%		90.75	%		84.13	%		82.46	%		77.17	%		76.09	%				91.16	%		79.91	%
Noninterest income (less securities gains/ losses) to average assets		1.68	%		1.73	%		1.71	%		1.68	%		1.82	%		1.98	%		2.26	%		2.25	%				1.70	%		2.12	%
Noninterest expense to average assets		3.59	%		3.47	%		3.57	%		3.58	%		3.92	%		3.86	%		3.94	%		3.80	%				3.56	%		3.87	%
Net overhead ratio		1.90	%		1.74	%		1.86	%		1.91	%		2.09	%		1.88	%		1.68	%		1.56	%				1.86	%		1.75	%
Efficiency ratio (FTE)		67.63	%		66.73	%		66.79	%		69.71	%		73.67	%		67.22	%		62.96	%		63.72	%				67.70	%		66.94	%

*Percent variance not meaningful

RENASANT CORPORATION

(Unaudited)

(Dollars in thousands, except per share data)

	2005												2004												4th Qtr 2005 -   4th Qtr 2004 Percent Variance		For the Year Ended December 31,
Average balances	Fourth Quarter			Third Quarter			Second Quarter			First Quarter			Fourth Quarter			Third Quarter			Second Quarter			First Quarter					2005			2004			Percent Variance
Total assets	$	2,382,811		$	2,353,914		$	2,340,597		$	2,339,201		$	1,699,207		$	1,681,430		$	1,440,130		$	1,439,689		40.23		$	2,354,671		$	1,567,638		50.21
Earning assets		2,101,218			2,072,762			2,062,124			2,047,770			1,514,042			1,505,190			1,311,945			1,307,160		38.78			2,070,661			1,410,977		46.75
Securities		404,882			408,161			420,463			452,818			377,482			388,286			403,959			405,543		7.26			420,889			394,456		6.70
Loans, net of unearned		1,661,546			1,640,121			1,611,143			1,576,877			1,128,631			1,103,362			897,219			871,897		47.22			1,622,749			1,000,713		62.16
Intangibles		100,657			101,323			101,385			101,453			48,128			51,483			5,697			5,797		109.14			101,194			33,461		*
Non-interest bearing deposits		244,384			235,611			234,946			229,638			195,732			182,542			160,744			140,084		24.86			235,998			176,908		33.40
Interest bearing deposits		1,602,674			1,573,085			1,515,318			1,483,677			1,143,957			1,153,291			999,160			1,003,744		40.10			1,544,095			1,075,440		43.58
Total deposits		1,847,058			1,808,696			1,750,264			1,713,315			1,339,689			1,335,833			1,159,904			1,143,828		37.87			1,780,093			1,252,348		42.14
Other borrowings		274,922			289,849			333,710			371,855			161,263			149,590			123,197			113,586		70.48			315,046			137,008		129.95
Shareholders' equity		236,015			237,386			233,908			232,348			178,591			178,855			144,306			140,084		32.15			235,372			160,032		47.08
Asset quality data
Nonaccrual loans	$	3,984		$	3,803		$	4,157		$	3,807		$	6,443		$	5,626		$	5,566		$	5,413		(38.17	)	$	3,984		$	6,443		(38.17	)
Loans 90 past due or more		2,906			3,398			2,292			3,002			2,228			2,054			1,848			3,891		30.43			2,906			2,228		30.43
Non-performing loans		6,890			7,201			6,449			6,809			8,671			7,680			7,414			9,304		(20.54	)		6,890			8,671		(20.54	)
Other real estate owned and repossessions		4,299			6,646			7,114			7,232			2,324			2,516			1,901			1,661		84.98			4,299			2,324		84.98
Non-performing assets	$	11,189		$	13,847		$	13,563		$	14,041		$	10,995		$	10,196		$	9,315		$	10,965		1.76		$	11,189		$	10,995		1.76
Net loan charge-offs	$	813		$	465		$	780		$	1,186		$	1,824		$	324		$	610		$	463		(55.43	)	$	3,244		$	3,221		0.71
Allowance for loan losses		18,363			18,448			18,080			18,012			14,403			16,309			13,152			13,274		27.49			18,363			14,403		27.49
Non-performing loans / total loans		0.42	%		0.45	%		0.40	%		0.43	%		0.76	%		0.68	%		0.82	%		1.05	%				0.42	%		0.76	%
Non-performing assets / total assets		0.47	%		0.58	%		0.58	%		0.60	%		0.64	%		0.60	%		0.65	%		0.75	%				0.47	%		0.64	%
Allowance for loan losses / total loans		1.12	%		1.15	%		1.14	%		1.14	%		1.26	%		1.45	%		1.45	%		1.50	%				1.12	%		1.26	%
Allowance for loan losses / non-performing loans		266.52	%		256.19	%		280.35	%		264.53	%		166.30	%		212.36	%		177.39	%		142.67	%				266.52	%		166.30	%
Net loan charge-offs (annualized) / average loans		0.19	%		0.11	%		0.19	%		0.31	%		0.64	%		0.12	%		0.28	%		0.21	%				0.20	%		0.32	%
Balances at period end
Total assets	$	2,398,173		$	2,379,793		$	2,353,385		$	2,320,164		$	1,707,545		$	1,706,462		$	1,422,381		$	1,469,269				$	2,398,173		$	1,707,545		40.45
Earning assets		2,105,281			2,073,678			2,075,244			2,041,307			1,519,704			1,527,387			1,295,876			1,347,168					2,105,281			1,519,704		38.53
Securities		399,034			400,786			415,193			425,196			371,581			384,550			360,120			425,609					399,034			371,581		7.39
Mortgage loans held for sale		33,496			42,865			32,792			32,623			2,714			1,502			1,708			1,255					33,496			2,714		1,134.19
Loans, net of unearned		1,646,223			1,608,697			1,592,391			1,572,103			1,141,480			1,128,047			906,186			882,484					1,646,223			1,141,480		44.22
Intangibles		100,664			100,766			101,528			101,406			50,424			50,712			5,646			5,746					100,664			50,424		99.64
Non-interest bearing deposits	$	250,270		$	244,086		$	233,095		$	238,651		$	200,922		$	201,419		$	160,771		$	195,837				$	250,270		$	200,922		24.56
Interest bearing deposits		1,618,181			1,574,232			1,531,082			1,502,350			1,117,755			1,135,882			990,310			1,002,188					1,618,181			1,117,755		44.77
Total deposits		1,868,451			1,818,318			1,764,177			1,741,001			1,318,677			1,337,301			1,151,081			1,198,025					1,868,451			1,318,677		41.69
Other borrowings		266,505			299,076			334,952			324,330			191,547			172,723			115,679			112,340					266,505			191,547		39.13
Shareholders' equity		235,440			237,211			235,454			230,892			179,042			176,712			138,276			141,286					235,440			179,042		31.50
Market value per common share		31.63			31.65			30.76			31.10			33.10			32.55			34.56			33.70					31.63			33.10		(4.44	)
Book value per common share		22.88			22.85			22.64			22.17			19.79			19.60			16.89			17.26					22.88			19.79		15.62
Tangible book value per common share		13.10			13.14			12.88			12.44			14.22			13.97			16.20			16.56					13.10			14.22		(7.87	)
Shareholders' equity to assets (actual)		9.82			9.97			10.00			9.95			10.49			10.36			9.72			9.62					9.82			10.49
Tangible capital ratio		5.87			5.99			5.95			5.84			7.76			7.61			9.36			9.26					5.87			7.76
Leverage ratio		8.61			8.79			8.67			8.59			8.97			8.95			10.77			10.54					8.61			8.97
Detail of Loans by Category
Commercial, financial, agricultural	$	226,203		$	224,673		$	228,371		$	228,305		$	175,571		$	177,018		$	142,999		$	139,960				$	226,203		$	175,571		28.84
Lease financing		7,469			8,143			9,576			10,763			10,809			11,450			11,365			11,785					7,469			10,809		(30.90	)
Real estate—construction		169,543			162,694			159,798			159,155			96,404			94,779			58,344			59,361					169,543			96,404		75.87
Real estate—1-4 family mortgages		566,455			558,616			547,307			531,347			375,698			356,798			320,198			309,029					566,455			375,698		50.77
Real estate—commercial mortgages		597,273			570,849			556,694			537,800			395,048			394,386			291,012			277,517					597,273			395,048		51.19
Installment loans to individuals		79,280			83,722			90,645			104,733			87,950			93,616			82,268			84,832					79,280			87,950		(9.86	)
Loans, net of unearned	$	1,646,223		$	1,608,697		$	1,592,391		$	1,572,103		$	1,141,480		$	1,128,047		$	906,186		$	882,484				$	1,646,223		$	1,141,480		44.22

*Percent variance not meaningful