Investments in Affiliated Companies and Subordinated Debt (Tables)

12 Months Ended

Dec. 31, 2012

Investments in Affiliated Companies and Subordinated Debt [Abstract]

Details of the Trust established

Beginning on December 29, 2003, Pinnacle Financial established Trusts that were created for the exclusive purpose of issuing 30-year capital trust preferred securities and used the proceeds to acquire junior subordinated debentures (Subordinated Debentures) issued by Pinnacle Financial.  The sole assets of the Trusts are the Subordinated Debentures.  The $2,476,000 investment in the Trusts is included in other investments in the accompanying consolidated balance sheets and the $82,476,000 obligation is reflected as subordinated debt. The details of the Trusts established are as follows:

	Date Established	Maturity	Common Securities		Trust Preferred Securities		Floating Interest Rate	Interest Rate at December 31, 2012
Trust I	December 29, 2003	December 30, 2033	$	310,000	$	10,000,000	Libor + 2.80%		3.11	%
Trust II	September 15, 2005	September 30, 2035		619,000		20,000,000	Libor + 1.40%		1.71	%
Trust III	September 7, 2006	September 30, 2036		619,000		20,000,000	Libor + 1.65%		1.96	%
Trust IV	October 31, 2007	September 30, 2037		928,000		30,000,000	Libor + 2.85%		3.16	%

Combined summary financial information for the Trusts

Combined summary financial information for the Trusts follows (in thousands):

Combined Summary Balance Sheets
	December 31, 2012		December 31, 2011
Asset – Investment in subordinated debentures issued by Pinnacle Financial	$	82,476	$	82,476
Liabilities	$	-	$	-
Stockholder's equity – Trust preferred securities		80,000		80,000
Common securities (100% owned by Pinnacle Financial)		2,476		2,476
Total stockholder's equity		82,476		82,476
Total liabilities and stockholder's equity	$	82,476	$	82,476

Combined Summary Income Statements
	Year ended December 31,
	2012		2011		2010
Income – Interest income from subordinated debentures issued by Pinnacle Financial	$	2,218	$	2,082	$	2,749
Net Income	$	2,218	$	2,082	$	2,749

Combined Summary Statements of Stockholder's Equity
	Trust Preferred Securities		Total Common Stock		Retained Earnings			Stockholder's Equity
Balances, December 31, 2009	$	80,000	$	2,476	$	-		$	82,476
Net income		-		-		2,749			2,749
Issuance of trust preferred securities		-		-		-			-
Dividends:
Trust preferred securities		-		-		(2,669	)		(2,669	)
Common- paid to Pinnacle Financial		-		-		(80	)		(80	)
Balances, December 31, 2010	$	80,000	$	2,476	$	-		$	82,476
Net income		-		-		2,082			2,082
Issuance of trust preferred securities		-		-		-			-
Dividends:
Trust preferred securities		-		-		(2,017	)		(2,017	)
Common- paid to Pinnacle Financial		-		-		(65	)		(65	)
Balances, December 31, 2011	$	80,000	$	2,476	$	-		$	82,476
Net income		-		-		2,218			2,689
Issuance of trust preferred securities		-		-		-			-
Dividends:
Trust preferred securities		-		-		(2,151	)		(2,622	)
Common- paid to Pinnacle Financial		-		-		(67	)		(67	)
Balances, December 31, 2012	$	80,000	$	2,476	$	-		$	82,476