Regulatory Matters (Tables)

3 Months Ended

Mar. 31, 2024

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

Summary of Regulatory Capital Requirement

Management believes, as of March 31, 2024, 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 March 31, 2024
Total capital to risk weighted assets:
Pinnacle Financial	$	5,232,720	12.9	%	$	3,242,505	8.0	%	$	4,053,131	10.0	%
Pinnacle Bank	$	4,924,981	12.2	%	$	3,234,396	8.0	%	$	4,042,995	10.0	%
Tier 1 capital to risk weighted assets:
Pinnacle Financial	$	4,433,585	10.9	%	$	2,431,879	6.0	%	$	2,431,879	6.0	%
Pinnacle Bank	$	4,554,846	11.3	%	$	2,425,797	6.0	%	$	3,234,396	8.0	%
Common equity Tier 1 capital to risk weighted assets
Pinnacle Financial	$	4,216,336	10.4	%	$	1,823,909	4.5	%	N/A		N/A
Pinnacle Bank	$	4,554,723	11.3	%	$	1,819,348	4.5	%	$	2,627,947	6.5	%
Tier 1 capital to average assets (*):
Pinnacle Financial	$	4,433,585	9.4	%	$	1,876,133	4.0	%	N/A		N/A
Pinnacle Bank	$	4,554,846	9.7	%	$	1,871,699	4.0	%	$	2,339,624	5.0	%

	Actual				Minimum Capital Requirement				Minimum To Be Well-Capitalized (1)
At December 31, 2023
Total capital to risk weighted assets:
Pinnacle Financial	$	5,115,755	12.7	%	$	3,216,424	8.0	%	$	4,020,530	10.0	%
Pinnacle Bank	$	4,797,278	12.0	%	$	3,207,699	8.0	%	$	4,009,623	10.0	%
Tier 1 capital to risk weighted assets:
Pinnacle Financial	$	4,354,759	10.8	%	$	2,412,318	6.0	%	$	2,412,318	6.0	%
Pinnacle Bank	$	4,465,282	11.1	%	$	2,405,774	6.0	%	$	3,207,699	8.0	%
Common equity Tier 1 capital to risk weighted assets
Pinnacle Financial	$	4,137,510	10.3	%	$	1,809,238	4.5	%	N/A		N/A
Pinnacle Bank	$	4,465,159	11.1	%	$	1,804,330	4.5	%	$	2,606,255	6.5	%
Tier 1 capital to average assets (*):
Pinnacle Financial	$	4,354,759	9.4	%	$	1,853,213	4.0	%	N/A		N/A
Pinnacle Bank	$	4,465,282	9.7	%	$	1,847,972	4.0	%	$	2,309,965	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.