— deposits totaled $ 4,841,912 at december 31 , 2013 , an increase of $ 1,380,691 , or 39.89 % , from december 31 , 2012. deposits acquired from first m & f totaled $ 1,301,130 at december 31 , 2013. management 's strategy to build and maintain a stable source of funding through core deposits , driven by noninterest-bearing deposits , has allowed for certain higher costing time deposits to mature or expire without renewal , some of which have been replaced with noninterest-bearing deposits and other lower costing deposits . deposits from our de novo locations also contributed $ 137,564 in deposits year over year . a historical look at key performance indicators is presented below . replace_table_token_10_th 33 critical accounting policies our financial statements are prepared using accounting estimates for various accounts . wherever feasible , we utilize third-party information to provide management with estimates . although independent third parties are engaged to assist us in the estimation process , management evaluates the results , challenges assumptions used and considers other factors which could impact these estimates . we monitor the status of proposed and newly issued accounting standards to evaluate the impact on our financial condition and results of operations . our accounting policies , including the impact of newly issued accounting standards , are discussed in further detail in note a , “ significant accounting policies , ” in the notes to consolidated financial statements in item 8 , financial statements and supplementary data . the following discussion presents some of the more significant estimates used in preparing our financial statements . allowance for loan losses the accounting policy most important to the presentation of our financial statements relates to the allowance for loan losses and the related provision for loan losses . the allowance for loan losses is available to absorb probable credit losses inherent in the entire loan portfolio . the appropriate level of the allowance is based on an ongoing analysis of the loan portfolio and represents an amount that management deems adequate to provide for inherent losses , including collective impairment as recognized under the financial accounting standards board accounting standards codification topic ( “ asc ” ) 450 , “ contingencies ” ( “ asc 450 ” ) . collective impairment is calculated based on loans grouped by grade . another component of the allowance is losses on loans assessed as impaired under asc 310 , “ receivables ” ( “ asc 310 ” ) . the balance of the loans determined to be impaired under asc 310 and the related allowance is included in management 's estimation and analysis of the allowance for loan losses . the determination of the appropriate level of the allowance is sensitive to a variety of internal factors , primarily historical loss ratios and assigned risk ratings , and external factors , primarily the economic environment . additionally , the estimate of the allowance required to absorb credit losses in the entire portfolio may change due to shifts in the mix and level of loan balances outstanding and in prevailing economic conditions , as evidenced by changes in real estate demand and values , interest rates , unemployment rates and energy costs . while no one factor is dominant , each could cause actual loan losses to differ materially from originally estimated amounts . for a discussion of other considerations in establishing the allowance for loan losses and our loan policies and procedures for addressing credit risk , please refer to the disclosures in this item under the heading “ risk management – credit risk and allowance for loan losses . ” certain loans acquired in acquisitions or mergers are accounted for under asc 310-30 , “ loans and debt securities acquired with deteriorated credit quality ” ( “ asc 310-30 ” ) . asc 310-30 prohibits the carryover of an allowance for loan losses for loans acquired in which the acquirer concludes that it will not collect the contractual amount . as a result , these loans are carried at values which represent management 's estimate of the future cash flows of these loans . increases in expected cash flows to be collected from the contractual cash flows are required to be recognized as an adjustment of the loan 's yield over its remaining life , while decreases in expected cash flows are required to be recognized as an impairment . a more detailed discussion of loans accounted for under asc 310-30 , which were acquired in connection with our mergers with first m & f in 2013 , capital bancorp , inc. ( “ capital ” ) in 2007 and with heritage financial holding corporation ( “ heritage ” ) in 2005 and our acquisitions of crescent and american trust in fdic-assisted transactions in 2010 and 2011 , respectively , is set forth below under the heading “ risk management – credit risk and allowance for loan losses ” and in note d , “ loans and the allowance for loan losses , ” in the notes to consolidated financial statements in item 8 , financial statements and supplementary data . other-than-temporary-impairment on investment securities on a quarterly basis , we evaluate our investment portfolio for other-than-temporary-impairment ( “ otti ” ) in accordance with asc 320 , “ investments – debt and equity securities . ” an investment security is considered impaired if the fair value of the security is less than its cost or amortized cost basis . when impairment of an equity security is considered to be other-than-temporary , the security is written down to its fair value and an impairment loss is recorded in earnings . when impairment of a debt security is considered to be other-than-temporary , the security is written down to its fair value . story_separator_special_tag the balance of our investment portfolio at december 31 , 2012 declined $ 122,264 to $ 674,077 compared to $ 796,341 at december 31 , 2011. during 2012 , we purchased $ 287,384 in investment securities . mortgage-backed securities and cmos , in the aggregate , comprised 52.10 % of the purchases . u.s. government agency securities and municipal securities accounted for 40.49 % and 6.32 % , respectively , of total securities purchased in 2012. the carrying value of securities sold during 2012 totaled $ 124,156 , consisting solely of mortgage-backed securities . maturities and calls of securities during 2012 totaled $ 282,985 . 37 loans loans , excluding mortgage loans held for sale , are the company 's most significant earning asset , comprising 67.54 % , 67.25 % and 61.43 % of total assets at december 31 , 2013 , 2012 and 2011 , respectively . the table below sets forth the balance of loans outstanding by loan type at december 31 : replace_table_token_12_th the following table presents the percentage of loans , by category , to total loans at december 31 for the last five years : replace_table_token_13_th loan concentrations are considered to exist when there are amounts loaned to a number of borrowers engaged in similar activities which would cause them to be similarly impacted by economic or other conditions . at december 31 , 2013 , there were no concentrations of loans exceeding 10 % of total loans other than loans disclosed in the table above . loans secured by real estate represented 85.55 % , 86.67 % , 86.89 % , 86.93 % and 84.97 % of the company 's total loan portfolio at december 31 , 2013 , 2012 , 2011 , 2010 and 2009 , respectively . the following table provides further details of the types of loans in the company 's loan portfolio secured by real estate at december 31 : replace_table_token_14_th total loans at december 31 , 2013 were $ 3,881,018 , an increase of $ 1,070,765 from $ 2,810,253 at december 31 , 2012 . loans acquired from first m & f totaled $ 813,543 at december 31 , 2013. loans covered under loss-share agreements with the fdic ( referred to as “ covered loans ” ) were $ 181,674 at december 31 , 2013 , a decrease of $ 55,414 , compared to $ 237,088 at december 38 31 , 2012 . for covered loans , the fdic will reimburse the bank 80 % of the losses incurred on these loans . management intends to continue the company 's aggressive efforts to bring those covered loans that are commercial in nature to resolution and thus the balance of covered loans is expected to continue to decline . the loss-share agreements applicable to this portfolio provides reimbursement for five years from the acquisition date . the following table provides a breakdown of covered loans at december 31 : replace_table_token_15_th loans not covered under a loss-share agreement at december 31 , 2013 were $ 3,699,344 , compared to $ 2,573,165 at december 31 , 2012 . the acquisition of first m & f increased not covered loans by $ 813,543 at december 31 , 2013. excluding the loans acquired from first m & f , not covered loans increased $ 312,636. the increase in loans not covered under loss-share agreements was attributable to growth in owner and non-owner occupied commercial real estate loans and commercial loans , as well as loan production generated by our de novo expansion . loans from our de novo locations in columbus and starkville , mississippi , tuscaloosa and montgomery , alabama and maryville , bristol , jonesborough and johnson city , tennessee contributed $ 141,298 of the total increase in loans from december 31 , 2012. during 2013 , loans in our mississippi , tennessee and alabama markets , excluding the contribution from the first m & f operations , increased $ 29,513 , $ 165,586 and $ 39,255 , respectively . loans in our georgia markets not covered under loss-share agreements increased $ 47,175 from december 31 , 2012 . 39 the following table provides a breakdown of loans not covered under a loss-share agreement at december 31 : replace_table_token_16_th mortgage loans held for sale mortgage loans held for sale were $ 33,440 at december 31 , 2013 compared to $ 34,845 at december 31 , 2012 . originations of mortgage loans to be sold totaled $ 619,526 in 2013 , $ 588,454 in 2012 and $ 433,845 in 2011 . mortgage rates in the latter half of 2011 declined to historic lows and remained at these historically low levels throughout the first quarter of 2013 , which prompted a significant increase in refinancings and , thus mortgage originations during this time period . beginning in the second quarter of 2013 and continuing through the remainder of the year , mortgage rates increased from the historically low levels . the increase in mortgage rates could result in lower future mortgage originations as refinancings decrease . mortgage loans to be sold are sold either on a “ best efforts ” basis or under a mandatory delivery sales agreement . under a “ best efforts ” sales agreement , residential real estate originations are locked in at a contractual rate with third party private investors or directly with government sponsored agencies , and the company is obligated to sell the mortgages to such investors only if the mortgages are closed and funded . the risk we assume is conditioned upon loan underwriting and market conditions in the national mortgage market . under a mandatory delivery sales agreement , the company commits to deliver a certain principal amount of mortgage loans to an investor at a specified price and delivery date . penalties are paid to the investor if we fail to satisfy the contract . gains and losses are realized at the time consideration is received and all other criteria for sales treatment have

liquidity and capital resources liquidity management is the ability to meet the cash flow requirements of customers who may be either depositors wishing to withdraw funds or borrowers needing assurance that sufficient funds will be available to meet their credit needs . core deposits , which are deposits excluding time deposits and public fund deposits , are a major source of funds used by renasant bank to meet cash flow needs . maintaining the ability to acquire these funds as needed in a variety of markets is the key to assuring renasant bank 's liquidity . management continually monitors the liquidity and non-core dependency ratios to ensure compliance with targets established by the asset/liability management committee ( `` alco '' ) . our investment portfolio is another alternative for meeting liquidity needs . these assets generally have readily available markets that offer conversions to cash as needed . within the next twelve months the securities portfolio is forecasted to generate cash flow through principal payments and maturities equal to 10.92 % of the carrying value of the total securities portfolio . securities within our investment portfolio are also used to secure certain deposit types and short-term borrowings . at december 31 , 2013 , securities 55 with a carrying value of $ 608,401 were pledged to secure government , public , trust , and other deposits and as collateral for short-term borrowings and derivative instruments as compared to $ 327,368 at december 31 , 2012 . other sources available for meeting liquidity needs include federal funds purchased and advances from the fhlb . interest is charged at the prevailing market rate on federal funds purchased and fhlb advances . the balance of outstanding federal funds purchased at december 31 , 2013 was $ 222. there were no outstanding federal funds purchased on december 31 , 2012 .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources liquidity management is the ability to meet the cash flow requirements of customers who may be either depositors wishing to withdraw funds or borrowers needing assurance that sufficient funds will be available to meet their credit needs . core deposits , which are deposits excluding time deposits and public fund deposits , are a major source of funds used by renasant bank to meet cash flow needs . maintaining the ability to acquire these funds as needed in a variety of markets is the key to assuring renasant bank 's liquidity . management continually monitors the liquidity and non-core dependency ratios to ensure compliance with targets established by the asset/liability management committee ( `` alco '' ) . our investment portfolio is another alternative for meeting liquidity needs . these assets generally have readily available markets that offer conversions to cash as needed . within the next twelve months the securities portfolio is forecasted to generate cash flow through principal payments and maturities equal to 10.92 % of the carrying value of the total securities portfolio . securities within our investment portfolio are also used to secure certain deposit types and short-term borrowings . at december 31 , 2013 , securities 55 with a carrying value of $ 608,401 were pledged to secure government , public , trust , and other deposits and as collateral for short-term borrowings and derivative instruments as compared to $ 327,368 at december 31 , 2012 . other sources available for meeting liquidity needs include federal funds purchased and advances from the fhlb . interest is charged at the prevailing market rate on federal funds purchased and fhlb advances . the balance of outstanding federal funds purchased at december 31 , 2013 was $ 222. there were no outstanding federal funds purchased on december 31 , 2012 .
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 Suspicious Activity Report : — deposits totaled $ 4,841,912 at december 31 , 2013 , an increase of $ 1,380,691 , or 39.89 % , from december 31 , 2012. deposits acquired from first m & f totaled $ 1,301,130 at december 31 , 2013. management 's strategy to build and maintain a stable source of funding through core deposits , driven by noninterest-bearing deposits , has allowed for certain higher costing time deposits to mature or expire without renewal , some of which have been replaced with noninterest-bearing deposits and other lower costing deposits . deposits from our de novo locations also contributed $ 137,564 in deposits year over year . a historical look at key performance indicators is presented below . replace_table_token_10_th 33 critical accounting policies our financial statements are prepared using accounting estimates for various accounts . wherever feasible , we utilize third-party information to provide management with estimates . although independent third parties are engaged to assist us in the estimation process , management evaluates the results , challenges assumptions used and considers other factors which could impact these estimates . we monitor the status of proposed and newly issued accounting standards to evaluate the impact on our financial condition and results of operations . our accounting policies , including the impact of newly issued accounting standards , are discussed in further detail in note a , “ significant accounting policies , ” in the notes to consolidated financial statements in item 8 , financial statements and supplementary data . the following discussion presents some of the more significant estimates used in preparing our financial statements . allowance for loan losses the accounting policy most important to the presentation of our financial statements relates to the allowance for loan losses and the related provision for loan losses . the allowance for loan losses is available to absorb probable credit losses inherent in the entire loan portfolio . the appropriate level of the allowance is based on an ongoing analysis of the loan portfolio and represents an amount that management deems adequate to provide for inherent losses , including collective impairment as recognized under the financial accounting standards board accounting standards codification topic ( “ asc ” ) 450 , “ contingencies ” ( “ asc 450 ” ) . collective impairment is calculated based on loans grouped by grade . another component of the allowance is losses on loans assessed as impaired under asc 310 , “ receivables ” ( “ asc 310 ” ) . the balance of the loans determined to be impaired under asc 310 and the related allowance is included in management 's estimation and analysis of the allowance for loan losses . the determination of the appropriate level of the allowance is sensitive to a variety of internal factors , primarily historical loss ratios and assigned risk ratings , and external factors , primarily the economic environment . additionally , the estimate of the allowance required to absorb credit losses in the entire portfolio may change due to shifts in the mix and level of loan balances outstanding and in prevailing economic conditions , as evidenced by changes in real estate demand and values , interest rates , unemployment rates and energy costs . while no one factor is dominant , each could cause actual loan losses to differ materially from originally estimated amounts . for a discussion of other considerations in establishing the allowance for loan losses and our loan policies and procedures for addressing credit risk , please refer to the disclosures in this item under the heading “ risk management – credit risk and allowance for loan losses . ” certain loans acquired in acquisitions or mergers are accounted for under asc 310-30 , “ loans and debt securities acquired with deteriorated credit quality ” ( “ asc 310-30 ” ) . asc 310-30 prohibits the carryover of an allowance for loan losses for loans acquired in which the acquirer concludes that it will not collect the contractual amount . as a result , these loans are carried at values which represent management 's estimate of the future cash flows of these loans . increases in expected cash flows to be collected from the contractual cash flows are required to be recognized as an adjustment of the loan 's yield over its remaining life , while decreases in expected cash flows are required to be recognized as an impairment . a more detailed discussion of loans accounted for under asc 310-30 , which were acquired in connection with our mergers with first m & f in 2013 , capital bancorp , inc. ( “ capital ” ) in 2007 and with heritage financial holding corporation ( “ heritage ” ) in 2005 and our acquisitions of crescent and american trust in fdic-assisted transactions in 2010 and 2011 , respectively , is set forth below under the heading “ risk management – credit risk and allowance for loan losses ” and in note d , “ loans and the allowance for loan losses , ” in the notes to consolidated financial statements in item 8 , financial statements and supplementary data . other-than-temporary-impairment on investment securities on a quarterly basis , we evaluate our investment portfolio for other-than-temporary-impairment ( “ otti ” ) in accordance with asc 320 , “ investments – debt and equity securities . ” an investment security is considered impaired if the fair value of the security is less than its cost or amortized cost basis . when impairment of an equity security is considered to be other-than-temporary , the security is written down to its fair value and an impairment loss is recorded in earnings . when impairment of a debt security is considered to be other-than-temporary , the security is written down to its fair value . story_separator_special_tag the balance of our investment portfolio at december 31 , 2012 declined $ 122,264 to $ 674,077 compared to $ 796,341 at december 31 , 2011. during 2012 , we purchased $ 287,384 in investment securities . mortgage-backed securities and cmos , in the aggregate , comprised 52.10 % of the purchases . u.s. government agency securities and municipal securities accounted for 40.49 % and 6.32 % , respectively , of total securities purchased in 2012. the carrying value of securities sold during 2012 totaled $ 124,156 , consisting solely of mortgage-backed securities . maturities and calls of securities during 2012 totaled $ 282,985 . 37 loans loans , excluding mortgage loans held for sale , are the company 's most significant earning asset , comprising 67.54 % , 67.25 % and 61.43 % of total assets at december 31 , 2013 , 2012 and 2011 , respectively . the table below sets forth the balance of loans outstanding by loan type at december 31 : replace_table_token_12_th the following table presents the percentage of loans , by category , to total loans at december 31 for the last five years : replace_table_token_13_th loan concentrations are considered to exist when there are amounts loaned to a number of borrowers engaged in similar activities which would cause them to be similarly impacted by economic or other conditions . at december 31 , 2013 , there were no concentrations of loans exceeding 10 % of total loans other than loans disclosed in the table above . loans secured by real estate represented 85.55 % , 86.67 % , 86.89 % , 86.93 % and 84.97 % of the company 's total loan portfolio at december 31 , 2013 , 2012 , 2011 , 2010 and 2009 , respectively . the following table provides further details of the types of loans in the company 's loan portfolio secured by real estate at december 31 : replace_table_token_14_th total loans at december 31 , 2013 were $ 3,881,018 , an increase of $ 1,070,765 from $ 2,810,253 at december 31 , 2012 . loans acquired from first m & f totaled $ 813,543 at december 31 , 2013. loans covered under loss-share agreements with the fdic ( referred to as “ covered loans ” ) were $ 181,674 at december 31 , 2013 , a decrease of $ 55,414 , compared to $ 237,088 at december 38 31 , 2012 . for covered loans , the fdic will reimburse the bank 80 % of the losses incurred on these loans . management intends to continue the company 's aggressive efforts to bring those covered loans that are commercial in nature to resolution and thus the balance of covered loans is expected to continue to decline . the loss-share agreements applicable to this portfolio provides reimbursement for five years from the acquisition date . the following table provides a breakdown of covered loans at december 31 : replace_table_token_15_th loans not covered under a loss-share agreement at december 31 , 2013 were $ 3,699,344 , compared to $ 2,573,165 at december 31 , 2012 . the acquisition of first m & f increased not covered loans by $ 813,543 at december 31 , 2013. excluding the loans acquired from first m & f , not covered loans increased $ 312,636. the increase in loans not covered under loss-share agreements was attributable to growth in owner and non-owner occupied commercial real estate loans and commercial loans , as well as loan production generated by our de novo expansion . loans from our de novo locations in columbus and starkville , mississippi , tuscaloosa and montgomery , alabama and maryville , bristol , jonesborough and johnson city , tennessee contributed $ 141,298 of the total increase in loans from december 31 , 2012. during 2013 , loans in our mississippi , tennessee and alabama markets , excluding the contribution from the first m & f operations , increased $ 29,513 , $ 165,586 and $ 39,255 , respectively . loans in our georgia markets not covered under loss-share agreements increased $ 47,175 from december 31 , 2012 . 39 the following table provides a breakdown of loans not covered under a loss-share agreement at december 31 : replace_table_token_16_th mortgage loans held for sale mortgage loans held for sale were $ 33,440 at december 31 , 2013 compared to $ 34,845 at december 31 , 2012 . originations of mortgage loans to be sold totaled $ 619,526 in 2013 , $ 588,454 in 2012 and $ 433,845 in 2011 . mortgage rates in the latter half of 2011 declined to historic lows and remained at these historically low levels throughout the first quarter of 2013 , which prompted a significant increase in refinancings and , thus mortgage originations during this time period . beginning in the second quarter of 2013 and continuing through the remainder of the year , mortgage rates increased from the historically low levels . the increase in mortgage rates could result in lower future mortgage originations as refinancings decrease . mortgage loans to be sold are sold either on a “ best efforts ” basis or under a mandatory delivery sales agreement . under a “ best efforts ” sales agreement , residential real estate originations are locked in at a contractual rate with third party private investors or directly with government sponsored agencies , and the company is obligated to sell the mortgages to such investors only if the mortgages are closed and funded . the risk we assume is conditioned upon loan underwriting and market conditions in the national mortgage market . under a mandatory delivery sales agreement , the company commits to deliver a certain principal amount of mortgage loans to an investor at a specified price and delivery date . penalties are paid to the investor if we fail to satisfy the contract . gains and losses are realized at the time consideration is received and all other criteria for sales treatment have

