Exhibit 99.3

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 14% INCREASE

IN SECOND QUARTER EARNINGS PER SHARE

TUPELO, MISSISSIPPI (July 18, 2006) – Renasant Corporation (NASDAQ:RNST) (the “Company”) today announced results for the second quarter of 2006. Basic earnings per share for the second quarter of 2006 were $.68, up 13%, and diluted earnings per share were $.67, up 14%, compared to basic earnings per share of $.60 and diluted earnings per share of $.59, respectively, for the second quarter of 2005. Net income for the second quarter of 2006 was $7,043,000, up 13%, or $836,000, from the second quarter of 2005.

“Our strong second quarter results reflect our company’s commitment to meeting our strategic goals and initiatives,” commented Renasant Chairman and Chief Executive Officer, E. Robinson McGraw. “As we pass the half way point of 2006, we are continuing to see improvement in our key performance indicators. We saw solid loan and deposit growth, a stabilizing margin, strong growth in fee income, excellent credit quality, and a controlled increase in operating expenses.”

Total assets as of June 30, 2006 were approximately $2.5 billion, an increase of 6% from June 30, 2005. Total loans grew 9% to approximately $1.7 billion at the end of the second quarter of 2006 from $1.6 billion at June 30, 2005, while total deposits grew 12% to approximately $2.0 billion during the same period.

During the second quarter of 2006, the Company realized significant loan growth within its tri-state footprint as loans grew by over $65 million, from the end of first quarter 2006 to the end of second quarter 2006. The Mississippi division contributed approximately $31 million, or 47%, of the Company’s loan growth over this period, while the Tennessee and Alabama divisions experienced loan growth of $14 million and $20 million, respectively.

During this same time period, deposits decreased 2%; however, the Company expected certain levels of deposit runoff due to higher than anticipated public funds accumulation during the first quarter of 2006. At the end of the second quarter of 2006, approximately 71% of loans and 60% of deposits are held in what the Company considers to be key growth markets.

Net interest income grew 2% to $20,942,000 for the second quarter of 2006 as compared to $20,455,000 for the second quarter of 2005 while net interest margin decreased from 4.14% to 3.96% over the same period. Net interest income for the second quarter of 2006 included $120,000 in interest income associated with certain loans accounted for under AICPA Statement of Position (SOP) 03-3, as compared to $1,048,000 in interest income from similar loans for the second quarter of 2005. Excluding the additional interest income from these loans, net interest income grew 7% for the second quarter of 2006 as compared to the second quarter of 2005, and net interest margin was unchanged at 3.94% over the same period.

Net interest income from the second quarter of 2006 increased $434,000 from the first quarter of 2006, while net interest margin declined from 3.99% in the first quarter of 2006 to 3.96% in the

second quarter of 2006. Interest income on loans accounted for under SOP 03-3 increased second quarter 2006 net interest income by $120,000 and first quarter 2006 net interest income by $262,000. Excluding interest income on loans accounted for under SOP 03-3, net interest income increased by $576,000, or 11% annualized, and net interest margin remained flat at 3.94% over the same period.

“We are proud of our company’s ability to maintain our margin while growing loans and deposits at or near double digit rates compared to the same period in 2005. Given the current interest rate environment and pressures on interest spreads and margins, we are especially pleased with these results,” stated McGraw.

Noninterest income increased 11% to $11,033,000 for the second quarter of 2006 from $9,951,000 for the second quarter of 2005 primarily due to increases in service charges on deposit accounts, loan fees, and commissions on investment products. Noninterest income represented 34% of the Company’s total revenue for the second quarter of 2006 as compared to 32% for the second quarter of 2005.

Compared to the first quarter of 2006, noninterest income decreased $400,000 during the second quarter of 2006. First quarter 2006 noninterest income included a $558,000 gain from the early extinguishment of a long term advance and a $397,000 non-taxable death benefit from life insurance proceeds. Excluding these items from first quarter 2006 noninterest income, noninterest income grew $555,000, or 21% annualized, during the second quarter of 2006.

Noninterest expense was $22,059,000 for the second quarter of 2006 as compared to $20,857,000 for the second quarter of 2005. Compared to first quarter 2006, noninterest expenses increased $168,000, or less than 3% annualized during the second quarter of 2006.

“We are pleased to note that we have been able to diversify our company’s revenue sources by increasing our noninterest income generating product lines. In addition, we are controlling our expense growth while absorbing the expense related to three full service banking offices that we have added since the second quarter of 2005,” commented McGraw.

The Company’s credit quality remained strong during the second quarter of 2006. During the second quarter of 2006, the Company recovered $1,256,000 of loans previously charged-off while the Company charged-off loans totaling $379,000, resulting in a net recovery of $877,000. As a result of the recoveries, the Company recorded a negative provision for loan losses of $360,000 for the second quarter of 2006 as compared to a provision for loan losses of $847,000 for the same period for 2005. Annualized net charge-offs as a percentage of average loans were (.20%) for the second quarter of 2006, down from .19% for the second quarter of 2005. Non-performing loans as a percentage of total loans were .45% at June 30, 2006, as compared to .40% at June 30, 2005. The allowance for loan losses as a percentage of loans was 1.10% at June 30, 2006, as compared to 1.14% at June 30, 2005.

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, July 19, 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 websites. The event will be archived on the

Company’s website for 90 days. If Internet access is unavailable, the conference may also be heard live (listen-only) via telephone by dialing 800-638-4930 in the United States and entering the participant passcode 90053624. International participants should dial 617-614-3944 and enter the participant passcode 90053624.

ABOUT RENASANT CORPORATION

Renasant Corporation is the parent of Renasant Bank and Renasant Insurance. Renasant has assets of approximately $2.5 billion and operates 61 banking and insurance offices in 38 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)

																			2nd Qtr 2006 - 2nd Qtr 2005 Percent Variance		For the Six Months Ended June 30,
	2006						2005
	Second Quarter			First Quarter			Fourth Quarter			Third Quarter			Second Quarter			First Quarter					2006			2005			Percent Variance
Statement of earnings
Interest income - taxable equivalent basis	$	38,437		$	36,632		$	35,620		$	33,249		$	32,718		$	30,146		17.48		$	75,069		$	62,864		19.41
Interest income	$	37,597		$	35,817		$	34,777		$	32,417		$	31,900		$	29,295		17.86		$	73,414		$	61,195		19.97
Interest expense		16,655			15,309			13,863			12,678			11,445			9,977		45.52			31,964			21,422		49.21
Net interest income		20,942			20,508			20,914			19,739			20,455			19,318		2.38			41,450			39,773		4.22
Provision for loan losses		(360	)		1,068			712			833			847			597		(142.50	)		708			1,444		(50.97	)
Net interest income after provision		21,302			19,440			20,202			18,906			19,608			18,721		8.64			40,742			38,329		6.30
Service charges on deposit accounts		4,527			4,424			4,377			4,358			4,167			3,874		8.64			8,951			8,041		11.32
Fees and commissions on loans and deposits		3,659			3,003			2,865			2,853			2,965			2,505		23.41			6,662			5,470		21.80
Insurance commissions and fees		868			822			881			955			906			831		(4.19	)		1,690			1,737		(2.71	)
Trust revenue		630			630			644			613			611			625		3.11			1,260			1,236		1.94
Gain (loss) on sale of securities		4			21			—			—			(32	)		102		87.50			25			70		(64.29	)
Gain on sale of mortgage loans		674			760			673			766			673			693		0.09			1,434			1,366		4.95
Other		671			1,773			678			699			661			1,273		1.51			2,444			1,934		26.37
Total non-interest income		11,033			11,433			10,118			10,244			9,951			9,903		10.87			22,466			19,854		13.16
Salaries and employee benefits		12,301			12,212			11,438			11,696			11,520			11,459		6.78			24,513			22,979		6.68
Occupancy and equipment		2,688			2,786			2,785			2,220			2,222			2,605		20.97			5,474			4,827		13.40
Data processing		1,053			982			1,056			966			962			1,044		9.46			2,035			2,006		1.45
Amortization of intangibles		414			431			543			557			571			586		(27.50	)		845			1,157		(26.97	)
Other		5,603			5,480			5,735			5,125			5,582			5,269		0.38			11,083			10,851		2.14
Total non-interest expense		22,059			21,891			21,557			20,564			20,857			20,963		5.76			43,950			41,820		5.09
Income before income taxes		10,276			8,982			8,763			8,586			8,702			7,661		18.09			19,258			16,363		17.69
Income taxes		3,233			2,481			2,545			2,261			2,495			2,202		29.58			5,714			4,697		21.65
Net income	$	7,043		$	6,501		$	6,218		$	6,325		$	6,207		$	5,459		13.47		$	13,544		$	11,666		16.10
Basic earnings per share	$	0.68		$	0.63		$	0.60		$	0.61		$	0.60		$	0.52		13.33		$	1.31		$	1.12		16.96
Diluted earnings per share		0.67			0.62			0.60			0.60			0.59			0.52		13.56			1.29			1.11		16.22
Average basic shares outstanding		10,336,662			10,303,842			10,318,913			10,396,579			10,400,330			10,406,243		(0.61	)		10,321,519			10,401,799		(0.77	)
Average diluted shares outstanding		10,554,873			10,495,937			10,429,769			10,511,212			10,518,760			10,560,330		0.34			10,528,579			10,523,380		0.05
Common shares outstanding		10,344,917			10,319,310			10,289,510			10,380,372			10,397,897			10,412,775		(0.51	)		10,344,917			10,397,897		(0.51	)
Cash dividend per common share	$	0.23		$	0.23		$	0.22		$	0.22		$	0.22		$	0.21		4.55		$	0.46		$	0.43		6.98
Performance ratios
Return on average shareholders’ equity		11.68	%		11.00	%		10.45	%		10.57	%		10.64	%		9.53	%				11.34	%		10.07	%
Return on average shareholders’ equity, excluding amortization expense		12.10	%		11.44	%		11.01	%		11.14	%		11.25	%		10.16	%				11.77	%		10.68	%
Return on average assets		1.14	%		1.07	%		1.04	%		1.07	%		1.06	%		0.95	%				1.11	%		0.97	%
Return on average assets, excluding amortization expense		1.18	%		1.12	%		1.09	%		1.12	%		1.12	%		1.01	%				1.15	%		1.03	%
Net interest margin (FTE)		3.96	%		3.99	%		4.11	%		3.94	%		4.14	%		3.99	%				3.98	%		4.07	%
Yield on earning assets (FTE)		7.00	%		6.86	%		6.73	%		6.36	%		6.36	%		5.97	%				6.93	%		6.17	%
Average earning assets to average assets		88.66	%		88.16	%		88.18	%		88.06	%		88.10	%		87.54	%				88.45	%		84.89	%
Average loans to average deposits		84.73	%		85.04	%		88.10	%		88.59	%		90.54	%		90.75	%				84.88	%		90.80	%
Noninterest income (less securities gains/losses) to average assets		1.78	%		1.88	%		1.68	%		1.73	%		1.71	%		1.70	%				1.83	%		1.65	%
Noninterest expense to average assets		3.56	%		3.61	%		3.59	%		3.47	%		3.57	%		3.63	%				3.59	%		3.49	%
Net overhead ratio		1.78	%		1.73	%		1.90	%		1.74	%		1.86	%		1.94	%				1.76	%		1.84	%
Efficiency ratio (FTE)		67.22	%		66.83	%		67.63	%		66.73	%		66.80	%		69.71	%				67.03	%		68.23	%

* Percent variance not meaningful

RENASANT CORPORATION

(Unaudited)

(Dollars in thousands, except per share data)

																			2nd Qtr 2006 - 2nd Qtr 2005 Percent Variance		For the Six Months Ended June 30,
	2006						2005
	Second Quarter			First Quarter			Fourth Quarter			Third Quarter			Second Quarter			First Quarter					2006			2005			Percent Variance
Average balances
Total assets	$	2,485,527		$	2,456,602		$	2,382,811		$	2,353,914		$	2,340,597		$	2,339,201		6.19		$	2,471,384		$	2,419,707		2.14
Earning assets		2,203,677			2,165,821			2,101,218			2,072,762			2,062,124			2,047,770		6.86			2,185,848			2,054,063		6.42
Securities		448,905			412,670			404,882			408,161			420,463			452,818		6.76			431,883			435,497		(0.83	)
Loans, net of unearned		1,721,426			1,689,106			1,661,546			1,640,121			1,611,143			1,576,877		6.85			1,705,355			1,594,200		6.97
Intangibles		99,359			99,854			100,657			101,323			101,385			101,453		(2.00	)		99,649			101,403		(1.73	)
Non-interest bearing deposits		258,886			256,548			244,384			235,611			234,946			229,638		10.19			257,740			231,996		11.10
Interest bearing deposits		1,733,865			1,689,671			1,602,674			1,573,085			1,515,318			1,483,677		14.42			1,711,890			1,499,585		14.16
Total deposits		1,992,751			1,946,219			1,847,058			1,808,696			1,750,264			1,713,315		13.85			1,969,630			1,731,581		13.75
Other borrowings		225,201			245,093			274,922			289,849			333,710			371,855		(32.52	)		235,092			348,480		(32.54	)
Shareholders’ equity		241,841			239,771			236,015			237,386			233,908			232,348		3.39			240,912			233,645		3.11
Asset quality data
Nonaccrual loans	$	5,978		$	2,509		$	3,984		$	3,803		$	4,157		$	3,807		43.81		$	5,978		$	4,157		43.81
Loans 90 past due or more		1,745			1,546			2,306			3,398			2,292			3,002		(23.87	)		1,745			2,292		(23.87	)
Non-performing loans		7,723			4,055			6,290			7,201			6,449			6,809		19.76			7,723			6,449		19.76
Other real estate owned and repossessions		3,697			3,922			4,299			6,646			7,114			7,232		(48.03	)		3,697			7,114		(48.03	)
Non-performing assets	$	11,420		$	7,977		$	10,589		$	13,847		$	13,563		$	14,041		(15.80	)	$	11,420		$	13,563		(15.80	)
Net loan charge-offs (recoveries)	$	(877	)	$	958		$	813		$	465		$	780		$	1,186		(212.44	)	$	81		$	1,966		(95.88	)
Allowance for loan losses		18,990			18,473			18,363			18,448			18,080			18,012		5.03			18,990			18,080		5.03
Non-performing loans / total loans		0.45	%		0.24	%		0.38	%		0.45	%		0.40	%		0.43	%				0.45	%		0.40	%
Non-performing assets / total assets		0.46	%		0.32	%		0.44	%		0.58	%		0.58	%		0.61	%				0.46	%		0.58	%
Allowance for loan losses / total loans		1.10	%		1.11	%		1.12	%		1.15	%		1.14	%		1.14	%				1.10	%		1.14	%
Allowance for loan losses / non-performing loans		245.89	%		455.56	%		291.94	%		256.19	%		280.35	%		264.53	%				245.89	%		280.35	%
Annualized net loan charge-offs / average loans		-0.20	%		0.23	%		0.19	%		0.11	%		0.19	%		0.31	%				0.01	%		0.25	%
Balances at period end
Total assets	$	2,503,333		$	2,509,220		$	2,397,702		$	2,379,793		$	2,353,385		$	2,320,164				$	2,503,333		$	2,353,385		6.37
Earning assets		2,208,320			2,205,706			2,105,281			2,073,678			2,075,244			2,041,307					2,208,320			2,075,244		6.41
Securities		434,567			429,169			399,034			400,786			415,193			425,196					434,567			415,193		4.67
Mortgage loans held for sale		36,519			34,099			33,496			42,865			32,792			32,623					36,519			32,792		11.37
Loans, net of unearned		1,729,861			1,664,479			1,646,223			1,608,697			1,592,391			1,572,103					1,729,861			1,592,391		8.63
Intangibles		99,159			99,575			100,832			100,766			101,528			101,406					99,159			101,528		(2.33	)
Non-interest bearing deposits	$	272,686		$	272,672		$	250,270		$	244,086		$	233,095		$	238,651				$	272,686			233,095		16.98
Interest bearing deposits		1,710,780			1,759,073			1,618,181			1,574,232			1,531,082			1,502,350					1,710,780			1,531,082		11.74
Total deposits		1,983,466			2,031,745			1,868,451			1,818,318			1,764,177			1,741,001					1,983,466			1,764,177		12.43
Other borrowings		252,671			214,054			266,505			299,076			334,952			324,330					252,671			334,952		(24.57	)
Shareholders’ equity		241,043			239,418			235,440			237,211			235,454			230,892					241,043			235,454		2.37
Market value per common share	$	40.35		$	36.94		$	31.63		$	31.65		$	30.76		$	31.10				$	40.35		$	30.76		31.18
Book value per common share		23.30			23.20			22.88			22.85			22.64			22.17					23.30			22.64		2.90
Tangible book value per common share		13.72			13.55			13.08			13.14			12.88			12.44					13.72			12.88		6.48
Shareholders’ equity to assets (actual)		9.63	%		9.54	%		9.82	%		9.97	%		10.00	%		9.95	%				9.63	%		10.00	%
Tangible capital ratio		5.90	%		5.80	%		5.86	%		5.99	%		5.95	%		5.84	%				5.90	%		5.95	%
Leverage ratio		8.85	%		8.72	%		8.60	%		8.79	%		8.67	%		8.59	%				8.85	%		8.67	%
Detail of Loans by Category
Commercial, financial, agricultural	$	230,890		$	206,914		$	226,203		$	224,673		$	228,371		$	228,305				$	230,890		$	228,371		1.10
Lease financing		5,284			6,548			7,469			8,143			9,576			10,763					5,284			9,576		(44.82	)
Real estate - construction		229,969			196,228			169,543			162,694			159,798			159,155					229,969			159,798		43.91
Real estate - 1-4 family mortgages		593,174			578,931			566,455			558,616			547,307			531,347					593,174			547,307		8.38
Real estate - commercial mortgages		594,121			595,589			597,273			570,849			556,694			537,800					594,121			556,694		6.72
Installment loans to individuals		76,423			80,269			79,280			83,722			90,645			104,733					76,423			90,645		(15.69	)
Loans, net of unearned	$	1,729,861		$	1,664,479		$	1,646,223		$	1,608,697		$	1,592,391		$	1,572,103				$	1,729,861		$	1,592,391		8.63

* Percent variance not meaningful