Federal Home Loan Bank Advances (Tables)

12 Months Ended

Dec. 31, 2015

Federal Home Loan Bank Advances [Abstract]

Scheduled Maturities of Advances and Interest Rates

At December 31, 2015 and 2014, Pinnacle Financial had received advances from the FHLB totaling $300.3 million and $195.4 million, respectively. Pinnacle Financial  recorded FHLB advances received in conjunction with the acquisitions of CapitalMark and Magna. However, these advances were redeemed at the time of acquisition resulting in no on-going impact to Pinnacle Financial as the Day 1 fair value adjustment offset against the cost to redeem these advances. Additionally, Pinnacle Financial recognized a discount on FHLB advances in conjunction with previous acquisitions. At December 31, 2015, there was no remaining discount. The remaining discount was $91,000 at December 31, 2014. At December 31, 2015, the scheduled maturities of these advances and interest rates are as follows (in thousands):

	Scheduled Maturities		Weighted average interest rates
2016	$	300,000		0.50	%
2017		-		0.00	%
2018		4		2.00	%
2019		-		0.00	%
2020		236		2.25	%
Thereafter		65		3.03	%
	$	300,305
Weighted average interest rate				0.50	%