Renasant Corporation announced unaudited earnings results for the fourth quarter and twelve months ended December 31, 2014. For the quarter, net interest income was $50,016,000 against $50,668,000 a year ago. Income before income taxes was $22,958,000 against $15,880,000 a year ago. Diluted earnings per share was $0.49 against $0.36 a year ago. Return on average shareholders' equity was 8.72% against 6.71% a year ago. Return on average tangible shareholders' equity was 15.89% against 13.55% a year ago. Return on average assets was 1.08% against 0.78% a year ago. Return on average tangible assets was 1.20% against 0.90% a year ago. Net income was $15,597,000 against $11,260,000 a year ago. Tangible net income (non-gaap) was $16,499,000 against $12,329,000 a year ago. Book value per common share was $22.56 against $21.21 a year ago. Tangible Book value per common share was $13.13 against $11.51 a year ago.

For the twelve months, net interest income was $202,629,000 against $157,201,000 a year ago. Income before income taxes was $85,887,000 against $45,746,000 a year ago. Diluted earnings per share was $1.88 against $1.22 a year ago. Return on average shareholders' equity was 8.61% against 6.01% a year ago. Return on average tangible shareholders' equity was 16.25% against 10.83% a year ago. Return on average assets was 1.02% against 0.71% a year ago. Return on average tangible assets was 1.15% against 0.79% a year ago. Net income was $59,582,000 against $33,487,000 a year ago. Tangible net income (non-gaap) was $63,476,000 against $35,575,000 a year ago. Book value per common share was $22.56 against $21.21 a year ago. Tangible Book value per common share was $13.13 against $11.51 a year ago.

For the fourth quarter of 2014, net charge-offs were $3.3 million, as compared to $584,000 in net charge-offs for the same period in 2013.