Renasant Corporation owns and operates Renasant Bank (the Bank), a Mississippi banking association with operations in Mississippi, Tennessee, Alabama and Georgia, and Renasant Insurance, Inc. (Renasant Insurance), a Mississippi corporation with operations in Mississippi. Renasant Insurance, Inc. is a wholly owned subsidiary of Renasant Bank. The Company operates in four segments: a Mississippi community bank, a Tennessee community bank, an Alabama community bank and an insurance agency. The Georgia operations are included in the operations of the Tennessee community bank. On July 23, 2010, the Bank acquired certain assets of Crescent Bank & Trust Company (Crescent), a Georgia-chartered bank. On February 4, 2011, the Bank acquired certain assets of American Trust Bank (American Trust), a Georgia-chartered bank. During the year ended December 31, 2010, it opened three de novo branches.