Regulatory Matters (Tables)

3 Months Ended

Sep. 30, 2023

Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]

Summary of Regulatory Capital Requirement

Management believes, as of September 30, 2023, that Pinnacle Financial and Pinnacle Bank met all capital adequacy requirements to which they are subject. To be categorized as well-capitalized under applicable banking regulations, Pinnacle Bank must maintain certain total risk-based, Tier 1 risk-based, common equity Tier 1 and Tier 1 leverage ratios as set forth in the following table and not be subject to a written agreement, order or directive to maintain a higher capital level. The capital conservation buffer is not included in the required ratios of the table presented below. Pinnacle Financial's and Pinnacle Bank's actual capital amounts and resulting ratios, not including the applicable 2.5% capital conservation buffer, are presented in the following table (in thousands):

	Actual				Minimum Capital Requirement				Minimum To Be Well-Capitalized (1)
	Amount		Ratio		Amount		Ratio		Amount		Ratio
At September 30, 2023
Total capital to risk weighted assets:
Pinnacle Financial	$	5,060,635	12.8	%	$	3,162,167	8.0	%	$	3,952,709	10.0	%
Pinnacle Bank	$	4,746,496	12.0	%	$	3,152,420	8.0	%	$	3,940,525	10.0	%
Tier 1 capital to risk weighted assets:
Pinnacle Financial	$	4,302,258	10.9	%	$	2,371,625	6.0	%	$	2,371,625	6.0	%
Pinnacle Bank	$	4,417,120	11.2	%	$	2,364,315	6.0	%	$	3,152,420	8.0	%
Common equity Tier 1 capital to risk weighted assets
Pinnacle Financial	$	4,085,010	10.3	%	$	1,778,719	4.5	%	N/A		N/A
Pinnacle Bank	$	4,416,997	11.2	%	$	1,773,236	4.5	%	$	2,561,341	6.5	%
Tier 1 capital to average assets (*):
Pinnacle Financial	$	4,302,258	9.4	%	$	1,830,252	4.0	%	N/A		N/A
Pinnacle Bank	$	4,417,120	9.7	%	$	1,827,027	4.0	%	$	2,283,783	5.0	%

	Actual				Minimum Capital Requirement				Minimum To Be Well-Capitalized (1)
At December 31, 2022
Total capital to risk weighted assets:
Pinnacle Financial	$	4,584,292	12.4	%	$	2,949,276	8.0	%	$	3,686,595	10.0	%
Pinnacle Bank	$	4,282,742	11.6	%	$	2,941,082	8.0	%	$	3,676,353	10.0	%
Tier 1 capital to risk weighted assets:
Pinnacle Financial	$	3,888,100	10.5	%	$	2,211,957	6.0	%	$	2,211,957	6.0	%
Pinnacle Bank	$	4,015,550	10.9	%	$	2,205,812	6.0	%	$	2,941,082	8.0	%
Common equity Tier 1 capital to risk weighted assets
Pinnacle Financial	$	3,670,851	10.0	%	$	1,658,968	4.5	%	N/A		N/A
Pinnacle Bank	$	4,015,427	10.9	%	$	1,654,359	4.5	%	$	2,389,629	6.5	%
Tier 1 capital to average assets (*):
Pinnacle Financial	$	3,888,100	9.7	%	$	1,595,457	4.0	%	N/A		N/A
Pinnacle Bank	$	4,015,550	10.1	%	$	1,591,502	4.0	%	$	1,989,378	5.0	%

(1) Well-capitalized minimum Common equity Tier 1 capital to risk weighted assets and Tier 1 capital to average assets are not formally defined under applicable banking regulations for bank holding companies.

(*) Average assets for the above calculations were based on the most recent quarter.

^[1]

[1] Well-capitalized minimum Common equity Tier 1 capital to risk weighted assets and Tier 1 capital to average assets are not formally defined under applicable banking regulations for bank holding companies.