Federal Home Loan Bank Advances (Tables)

12 Months Ended

Dec. 31, 2019

Advances from Federal Home Loan Banks [Abstract]

Scheduled Maturities of Advances and Interest Rates

At December 31, 2019 and 2018, Pinnacle Bank had received advances from the FHLB totaling $2.1 billion and $1.4 billion, respectively. The scheduled maturities of FHLB advances at December 31, 2019 and interest rates are as follows (in thousands):

	Scheduled Maturities		Weighted average interest rates
2020	$	622,518	1.88	%
2021	423,750		2.14	%
2022	41,250		2.85	%
2023	—		—	%
2024	200,000		1.59	%
Thereafter	775,016		2.15	%
	$	2,062,534
Weighted average interest rate			2.02	%