XML 52 R41.htm IDEA: XBRL DOCUMENT v3.23.3
Loans and Allowance for Credit Losses - Loan Classification by Risk Rating Category (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 $ 6,269,411   $ 6,269,411    
2022 9,128,677   9,128,677    
2021 6,093,393   6,093,393    
2020 2,240,004   2,240,004    
2019 1,371,261   1,371,261    
Prior 1,402,642   1,402,642    
Revolving Loans 5,437,896   5,437,896    
Total 31,943,284   31,943,284   $ 29,041,605
Charged-off loans (24,709) $ (17,699) (57,616) $ (33,384)  
2023          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (2,199)    
2022          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (20,808)    
2021          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (15,156)    
2020          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (2,875)    
2019          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (277)    
Prior          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (746)    
Revolving Loans          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (15,555)    
Pass          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 6,196,447   6,196,447    
2022 9,013,243   9,013,243    
2021 6,010,248   6,010,248    
2020 2,212,710   2,212,710    
2019 1,355,366   1,355,366    
Prior 1,374,195   1,374,195    
Revolving Loans 5,314,796   5,314,796    
Total 31,477,005   31,477,005    
Special Mention          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 19,750   19,750    
2022 95,598   95,598    
2021 34,263   34,263    
2020 16,790   16,790    
2019 5,812   5,812    
Prior 12,792   12,792    
Revolving Loans 70,409   70,409    
Total 255,414   255,414    
Substandard          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 [1] 41,707   41,707    
2022 [1] 13,122   13,122    
2021 [1] 44,353   44,353    
2020 [1] 3,636   3,636    
2019 [1] 3,279   3,279    
Prior [1] 10,334   10,334    
Revolving Loans [1] 51,484   51,484    
Total [1] 167,915   167,915    
Substandard-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 11,507   11,507    
2022 6,714   6,714    
2021 4,529   4,529    
2020 6,868   6,868    
2019 6,804   6,804    
Prior 5,321   5,321    
Revolving Loans 1,207   1,207    
Total 42,950   42,950    
Doubtful-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 0   0    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 0   0    
Commercial real estate - owner occupied          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 572,971   572,971    
2022 1,188,616   1,188,616    
2021 872,932   872,932    
2020 526,145   526,145    
2019 305,406   305,406    
Prior 415,418   415,418    
Revolving Loans 63,128   63,128    
Total 3,944,616   3,944,616   3,587,257
Charged-off loans 0 (447) 0 (1,412)  
Commercial real estate - owner occupied | 2023          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - owner occupied | 2022          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - owner occupied | 2021          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - owner occupied | 2020          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - owner occupied | 2019          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - owner occupied | Prior          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - owner occupied | Revolving Loans          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - owner occupied | Pass          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 564,968   564,968    
2022 1,140,655   1,140,655    
2021 869,651   869,651    
2020 518,137   518,137    
2019 299,408   299,408    
Prior 410,623   410,623    
Revolving Loans 47,514   47,514    
Total 3,850,956   3,850,956    
Commercial real estate - owner occupied | Special Mention          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 1,489   1,489    
2022 38,361   38,361    
2021 238   238    
2020 3,986   3,986    
2019 5,429   5,429    
Prior 3,089   3,089    
Revolving Loans 15,614   15,614    
Total 68,206   68,206    
Commercial real estate - owner occupied | Substandard          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 [1] 5,528   5,528    
2022 [1] 8,940   8,940    
2021 [1] 3,043   3,043    
2020 [1] 1,662   1,662    
2019 [1] 569   569    
Prior [1] 621   621    
Revolving Loans [1] 0   0    
Total [1] 20,363   20,363    
Commercial real estate - owner occupied | Substandard-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 986   986    
2022 660   660    
2021 0   0    
2020 2,360   2,360    
2019 0   0    
Prior 1,085   1,085    
Revolving Loans 0   0    
Total 5,091   5,091    
Commercial real estate - owner occupied | Doubtful-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 0   0    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 0   0    
Commercial real estate - non-owner occupied          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 1,034,531   1,034,531    
2022 2,696,586   2,696,586    
2021 1,761,776   1,761,776    
2020 786,584   786,584    
2019 591,154   591,154    
Prior 466,482   466,482    
Revolving Loans 110,497   110,497    
Total 7,447,610   7,447,610   6,542,619
Charged-off loans 0 (99) 0 (284)  
Commercial real estate - non-owner occupied | 2023          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - non-owner occupied | 2022          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - non-owner occupied | 2021          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - non-owner occupied | 2020          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - non-owner occupied | 2019          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - non-owner occupied | Prior          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - non-owner occupied | Revolving Loans          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Commercial real estate - non-owner occupied | Pass          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 1,005,075   1,005,075    
2022 2,663,004   2,663,004    
2021 1,721,620   1,721,620    
2020 779,796   779,796    
2019 589,720   589,720    
Prior 458,572   458,572    
Revolving Loans 110,497   110,497    
Total 7,328,284   7,328,284    
Commercial real estate - non-owner occupied | Special Mention          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 3,174   3,174    
2022 30,455   30,455    
2021 0   0    
2020 6,788   6,788    
2019 218   218    
Prior 7,348   7,348    
Revolving Loans 0   0    
Total 47,983   47,983    
Commercial real estate - non-owner occupied | Substandard          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 [1] 24,641   24,641    
2022 [1] 2,974   2,974    
2021 [1] 40,156   40,156    
2020 [1] 0   0    
2019 [1] 1,216   1,216    
Prior [1] 562   562    
Revolving Loans [1] 0   0    
Total [1] 69,549   69,549    
Commercial real estate - non-owner occupied | Substandard-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 1,641   1,641    
2022 153   153    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 1,794   1,794    
Commercial real estate - non-owner occupied | Doubtful-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 0   0    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 0   0    
Consumer real estate – mortgage          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 507,540   507,540    
2022 992,204   992,204    
2021 1,065,222   1,065,222    
2020 459,996   459,996    
2019 219,415   219,415    
Prior 333,044   333,044    
Revolving Loans 1,191,359   1,191,359    
Total 4,768,780   4,768,780   4,435,046
Charged-off loans (168) (155) (598) (409)  
Consumer real estate – mortgage | 2023          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Consumer real estate – mortgage | 2022          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (85)    
Consumer real estate – mortgage | 2021          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (80)    
Consumer real estate – mortgage | 2020          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (6)    
Consumer real estate – mortgage | 2019          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (49)    
Consumer real estate – mortgage | Prior          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (378)    
Consumer real estate – mortgage | Revolving Loans          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Consumer real estate – mortgage | Pass          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 507,284   507,284    
2022 990,832   990,832    
2021 1,062,479   1,062,479    
2020 455,584   455,584    
2019 212,988   212,988    
Prior 329,196   329,196    
Revolving Loans 1,190,763   1,190,763    
Total 4,749,126   4,749,126    
Consumer real estate – mortgage | Special Mention          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 0   0    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 0   0    
Consumer real estate – mortgage | Substandard          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 [1] 0   0    
2022 [1] 0   0    
2021 [1] 0   0    
2020 [1] 0   0    
2019 [1] 0   0    
Prior [1] 0   0    
Revolving Loans [1] 0   0    
Total [1] 0   0    
Consumer real estate – mortgage | Substandard-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 256   256    
2022 1,372   1,372    
2021 2,743   2,743    
2020 4,412   4,412    
2019 6,427   6,427    
Prior 3,848   3,848    
Revolving Loans 596   596    
Total 19,654   19,654    
Consumer real estate – mortgage | Doubtful-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 0   0    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 0   0    
Construction and land development          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 892,096   892,096    
2022 1,859,960   1,859,960    
2021 1,055,716   1,055,716    
2020 73,342   73,342    
2019 12,317   12,317    
Prior 7,221   7,221    
Revolving Loans 41,491   41,491    
Total 3,942,143   3,942,143   3,679,498
Charged-off loans (3) 0 (3) (150)  
Construction and land development | 2023          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Construction and land development | 2022          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Construction and land development | 2021          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Construction and land development | 2020          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Construction and land development | 2019          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Construction and land development | Prior          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (3)    
Construction and land development | Revolving Loans          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     0    
Construction and land development | Pass          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 888,677   888,677    
2022 1,843,853   1,843,853    
2021 1,054,829   1,054,829    
2020 69,024   69,024    
2019 12,317   12,317    
Prior 7,138   7,138    
Revolving Loans 41,491   41,491    
Total 3,917,329   3,917,329    
Construction and land development | Special Mention          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 3,419   3,419    
2022 16,107   16,107    
2021 887   887    
2020 4,318   4,318    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 24,731   24,731    
Construction and land development | Substandard          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 [1] 0   0    
2022 [1] 0   0    
2021 [1] 0   0    
2020 [1] 0   0    
2019 [1] 0   0    
Prior [1] 83   83    
Revolving Loans [1] 0   0    
Total [1] 83   83    
Construction and land development | Substandard-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 0   0    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 0   0    
Construction and land development | Doubtful-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 0   0    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 0   0    
Commercial and industrial          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 3,125,948   3,125,948    
2022 2,358,348   2,358,348    
2021 1,265,506   1,265,506    
2020 353,194   353,194    
2019 242,257   242,257    
Prior 179,725   179,725    
Revolving Loans 3,782,633   3,782,633    
Total 11,307,611   11,307,611   10,241,362
Charged-off loans (20,330) (13,029) (45,158) (22,684)  
Commercial and industrial | 2023          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (2,170)    
Commercial and industrial | 2022          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (20,287)    
Commercial and industrial | 2021          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (9,840)    
Commercial and industrial | 2020          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (686)    
Commercial and industrial | 2019          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (88)    
Commercial and industrial | Prior          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (301)    
Commercial and industrial | Revolving Loans          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (11,786)    
Commercial and industrial | Pass          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 3,094,118   3,094,118    
2022 2,341,941   2,341,941    
2021 1,229,428   1,229,428    
2020 349,426   349,426    
2019 240,221   240,221    
Prior 167,914   167,914    
Revolving Loans 3,675,820   3,675,820    
Total 11,098,868   11,098,868    
Commercial and industrial | Special Mention          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 11,668   11,668    
2022 10,675   10,675    
2021 33,138   33,138    
2020 1,698   1,698    
2019 165   165    
Prior 2,355   2,355    
Revolving Loans 54,795   54,795    
Total 114,494   114,494    
Commercial and industrial | Substandard          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 [1] 11,538   11,538    
2022 [1] 1,208   1,208    
2021 [1] 1,154   1,154    
2020 [1] 1,974   1,974    
2019 [1] 1,494   1,494    
Prior [1] 9,068   9,068    
Revolving Loans [1] 51,484   51,484    
Total [1] 77,920   77,920    
Commercial and industrial | Substandard-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 8,624   8,624    
2022 4,524   4,524    
2021 1,786   1,786    
2020 96   96    
2019 377   377    
Prior 388   388    
Revolving Loans 534   534    
Total 16,329   16,329    
Commercial and industrial | Doubtful-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 0   0    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 0   0    
Consumer and other          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 136,325   136,325    
2022 32,963   32,963    
2021 72,241   72,241    
2020 40,743   40,743    
2019 712   712    
Prior 752   752    
Revolving Loans 248,788   248,788    
Total 532,524   532,524   $ 555,823
Charged-off loans (4,208) $ (3,969) (11,857) $ (8,445)  
Consumer and other | 2023          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (29)    
Consumer and other | 2022          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (436)    
Consumer and other | 2021          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (5,236)    
Consumer and other | 2020          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (2,183)    
Consumer and other | 2019          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (140)    
Consumer and other | Prior          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (64)    
Consumer and other | Revolving Loans          
Financing Receivable, Credit Quality Indicator [Line Items]          
Charged-off loans     (3,769)    
Consumer and other | Pass          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 136,325   136,325    
2022 32,958   32,958    
2021 72,241   72,241    
2020 40,743   40,743    
2019 712   712    
Prior 752   752    
Revolving Loans 248,711   248,711    
Total 532,442   532,442    
Consumer and other | Special Mention          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 0   0    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total 0   0    
Consumer and other | Substandard          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 [1] 0   0    
2022 [1] 0   0    
2021 [1] 0   0    
2020 [1] 0   0    
2019 [1] 0   0    
Prior [1] 0   0    
Revolving Loans [1] 0   0    
Total [1] 0   0    
Consumer and other | Substandard-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 5   5    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 77   77    
Total 82   82    
Consumer and other | Doubtful-nonaccrual          
Financing Receivable, Credit Quality Indicator [Line Items]          
2023 0   0    
2022 0   0    
2021 0   0    
2020 0   0    
2019 0   0    
Prior 0   0    
Revolving Loans 0   0    
Total $ 0   $ 0    
[1] Potential problem loans represent those loans with a well-defined weakness and where information about possible credit problems of borrowers has caused management to have doubts about the borrower's ability to comply with present repayment terms. This definition is believed to be substantially consistent with the standards established by Pinnacle Bank's primary regulators for loans classified as substandard, excluding loan modifications made to borrowers experiencing financial difficulty. Potential problem loans, which are not included in nonaccrual loans, amounted to approximately $134.5 million at September 30, 2023, compared to $53.8 million at December 31, 2022.