Renasant Corporation · NYSE:RNST
Renasant — Merger or Acquisition (October 2015)
10 slides from Renasant's merger presentation, Oct 21, 2015
Slide 1: Merger of Renasant Corporation (RNST) and KeyWorth Bank
Exhibit 99.2 Merger of KeyWorth October 20,Renasant Bank 2015 Corporation (RNST) and
Slide 2: Forward-Looking Statements
1995 litigation KeyWorth uncertainties Forward reports Renasant (ii) “anticipates,” current respective 2those Renasant in indicated filed beliefs an Looking looking if and control. Bank effort actual with which and KeyWorth, “intends,” and or(“KeyWorth”) to statements KeyWorth’s the Statement result
Slide 3: Transaction Terms
Transaction Fixed Consideration Aggregate Price Options KeyWorth’s Renasant Management Required Expected (1) (2) 3(3) Aggregate Transaction Based /Per exchange Tangible &Approvals Share within Closing on Value Warrants Terms CEO RNST’s value multiples $15.00 Book ratio the $58.7 and First and Atlant
Slide 4: Transaction Strategically Provides Attractive Rationale
Transaction Strategically Provides Branch Complementary Ability Financially Accretive Immediately Estimated Pro Lower Key Extensive Conservative Manageable 4Non-complex forma management risk to footprint additional leverage expand to due IRR regulatory opportunity Attractive Rationale asset first Ad
Slide 5: Strengthens Renasant's Atlanta MSA Franchise
Strengthens Loans at ($Mil.) RNST(1) RNST Source: 5(1) 6/30/2015 Represents Deposits Asset Branches ($Mil.) SNL $406.5 Existing Based at Financial; assets 6/30/2015 KeyWorth $545.0 Lending Atlanta andCompany KeyWorth deposits Branches Office MSAof Footprint $245.6 Renasant’s Future$335.5 KeyWorth Pr
Slide 6: Financial Impact and Attractive Returns
Financial Loan Credit: Cost 25% Pre-Tax $7.4 Core 1.0%, •Revenue 6Estimated Promillion Immediately Savings Deposit forma Mark 10 3.0% Merger enhancements year Impact closing Immediately TCE capital Estimated costs) Intangible amortization Expenses ratio ofaccretive inratios the 1Q2016 of IRR Transac
Slide 7: Poised for Future Growth: Pro Forma Highlights
Poised Offices Assets(1) RNST Source: 7(1) ProAsset Branches Growth forma 175 SNL $8.2 Based Financial; figures billion with KeyWorth Lending Added as Gross Company of 6/30/2015 Shareholder Branches Loans(1) Office Future (inclusive $5.4 ValuePro billion KeyWorth ofForma Deposits(1) Heritage Branch
Slide 8: KeyWorth Financial Highlights and Company Profile
Keyworth 2012 Total Headquarters Profitability ROAA Bank Net Office Dunwoody, Duluth, Asset NPAs 8Source: Interest Assets 2013 Established: Quality /Locations Assets 0.05 GA SNLFinancial 2014 GA TCE Margin 0.95 (%)’ 348 Financial Johns (%)’ 1.74 Capital YTD 366 Johns 0.67 / 2007 TA 0.32 Creek, 3.04
Slide 9: Additional Information About the Merger
Additional merger the STATEMENT/PROSPECTUS THE THEY MERGER. also free 938804-4827, solicitation of be MERGER WILL charge able withinformation When to the telephone: CONTAIN at from obtain ofSecurities OR the an available, Kevin SEC’s INCORPORATED offer copies Renasant (662) IMPORTANT to Chapman, and
Slide 10: Investor Inquiries
Investor 209 Chairman TUPELO, F0ACSIMILE: WWW.RENASANT.COM 10 TROY Inquires MS STREET 38804-4827 1-662-680-1234 E. Robinson President Senior PHONE: McGraw and Kevin Executive Chief 1-800-680-1001 D.Executive Chapman Vice President Officer and WWW.RENASANTBANK.COM Chief Financial Officer