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Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2016
Derivative Instruments [Abstract]  
Summary of Interest Rate Swaps
A summary of Pinnacle Financial's interest rate swaps to facilitate customer transactions as of December 31, 2016 and December 31, 2015 is included in the following table (in thousands):

  
December 31, 2016
  
December 31, 2015
 
  
Notional
Amount
  
Estimated Fair Value
  
Notional Amount
  
Estimated Fair Value
 
Interest rate swap agreements:
            
Pay fixed / receive variable swaps
 
$
666,572
  
$
16,004
  
$
396,112
  
$
16,130
 
Pay variable / receive fixed swaps
  
666,572
   
(16,138
)
  
396,112
   
(16,329
)
Total
 
$
1,333,144
  
$
(134
)
 
$
792,224
  
$
(199
)
Schedule of Derivative Instruments
Hedge derivatives

Pinnacle Financial has forward cash flow hedge relationships to manage future interest rate exposure. The hedging strategy converts the LIBOR based variable interest rate on forecasted borrowings to a fixed interest rate and protects Pinnacle Financial from floating interest rate variability. The terms of the individual contracts within the relationship are as follows (in thousands):
 
 
  
 
  
         
 
December 31, 2016
  
December 31, 2015
 
 
Forecasted
Notional
Amount
 
Receive Rate
Pay
Rate
 
Term(1)
 
Asset/
(Liabilities)
  
Unrealized Loss in Accumulated Other Comprehensive Income
  
Asset/ (Liabilities)
  
Unrealized Loss in Accumulated Other Comprehensive Income
 
Interest Rate Swap$ 33,000 3 month LIBOR 2.265%  April 2016 - April 2020   (727)    (442)    (784)    (476) 
Interest Rate Swap
 
33,000
 
3 month LIBOR
2.646
%
April 2016 - April 2022
  
(1,304
)
  
(792
)
  
(1,478
)
  
(898
)
Interest Rate Swap
 
33,000
 
3 month LIBOR
2.523
%
Oct. 2016 - Oct. 2020
  
(1,081
)
  
(657
)
  
(908
)
  
(552
)
Interest Rate Swap
 
33,000
 
3 month LIBOR
2.992
%
Oct. 2017 - Oct. 2021
  
(1,200
)
  
(729
)
  
(1,112
)
  
(676
)
Interest Rate Swap
 
34,000
 
3 month LIBOR
3.118
%
April 2018 - July 2022
  
(1,222
)
  
(743
)
  
(1,170
)
  
(711
)
Interest Rate Swap
 
34,000
 
3 month LIBOR
3.158
%
July 2018 - Oct. 2022
  
(1,198
)
  
(728
)
  
(1,158
)
  
(704
)
 
$
200,000
       
(6,732
)
  
(4,091
)
  
(6,610
)
  
(4,017
) 
 
   
 
  
 
                
(1)
No cash will be exchanged prior to the beginning of the term.
 
 
 
Pinnacle Financial has interest rate swap agreements designated as cash flow hedges intended to protect against the variability of cash flows on selected LIBOR based loans. The swaps hedge the interest rate risk, wherein Pinnacle Financial receives a fixed rate of interest from a counterparty and pays a variable rate, based on one month LIBOR. The swaps were entered into with a counterparty that met Pinnacle Financial's credit standards and the agreements contain collateral provisions protecting the at-risk party. Pinnacle Financial believes that the credit risk inherent in the contract is not significant.

 
    
 
         
 
December 31, 2016
  
December 31, 2015
 
 
Forecasted
Notional
Amount
 
Receive
Rate
 
Pay
Rate
Term
 
Asset/
(Liabilities)
  
Unrealized Gain (Loss) in Accumulated Other Comprehensive Income
  
Asset/ (Liabilities)
  
Unrealized Gain (Loss) in Accumulated Other Comprehensive Income
 
Interest Rate Swap
$
27,500
 
2.090
%
1 month LIBOR
July 2014 - July 2021
 
395
 
240
 
  
663
   
403
 
Interest Rate Swap
 
25,000
 
2.270
%
1 month LIBOR
July 2014 - July 2022
 
610
  
371
   
968
   
588
 
Interest Rate Swap
 
27,500
 
2.420
%
1 month LIBOR
July 2014 - July 2023
  874   531   
1,320
   
802
 
Interest Rate Swap
 
30,000
 
2.500
%
1 month LIBOR
July 2014 - July 2024
 
900
  
547
   
1,333
   
810
 
Interest Rate Swap
 
-
 
1.048
%
1 month LIBOR
August 2015 - August 2018
 
-
 
 
-
 
  
(46
)  
(28
)
Interest Rate Swap
 
-
 
1.281
%
1 month LIBOR
August 2015 - August 2019
 
-
 
 
-
 
  
(34
)  
(21
)
Interest Rate Swap
 
15,000
 
1.470
%
1 month LIBOR
August 2015 - August 2020
 
(75
)
 
(46
)
  
(14
)  
(9
)
 
$
125,000
   
 
 
 
2,704
 
 
1,643
 
  
4,190
   
2,545