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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2018
Business Acquisition [Line Items] |
Supplemental Pro Forma Combined Results of Operations | Supplemental Pro Forma Combined Results of Operations For the year ended December 31, 2018, BNC was included in the operations of PNFP and, as such, no supplemental proforma information is necessary. The supplemental proforma information below for the year ended December 31, 2017 gives effect to the BNC acquisition as if it had occurred on January 1, 2017. These results combine the historical results of BNC into Pinnacle Financial's consolidated statement of income and, while certain adjustments were made for the estimated impact of certain fair value adjustments, they are not indicative of what would have occurred had the BNC Merger taken place on the indicated date nor are they intended to represent or be indicative of future results of operations. In particular, no adjustments have been made to eliminate the amount of BNC's provision for credit losses for the year ended December 31, 2017 that may not have been necessary had the acquired loans been recorded at fair value as of the beginning of 2017. Additionally, these financial statements were not adjusted for non-recurring expenses, such as merger-related expenses incurred by either Pinnacle Financial or BNC. Pinnacle Financial expects to achieve operating cost savings and other business synergies as a result of the acquisition which are also not reflected in the proforma amounts.
(dollars in thousands) |  | Year Ended December 31, 2017
Revenue (1) |  | $ | 844,896 |
Income before income taxes |  | 347,983 |
(1) Net interest income plus noninterest income.
BNC Bancorp |
Business Acquisition [Line Items] |
Consideration Paid and Allocation of Purchase Price to Net Assets Acquired |
| Number of Shares |  | Amount
Equity consideration |  |  |
Common stock issued | 27,687,100 |  |  | $ | 1,858,133 |
Total equity consideration |  |  |  | $ | 1,858,133 |
Non-Equity Consideration: |  |  |  |  |
Cash paid to redeem common stock |  |  |  | 129 |
Total consideration paid |  |  |  | $ | 1,858,262 |
Allocation of total consideration paid: |  |  |  |  |
Fair value of net assets assumed including estimated identifiable intangible assets |  |  |  | $ | 602,689 |
Goodwill |  |  |  | 1,255,573 |
|  |  |  | $ | 1,858,262 |
Purchase Price Allocations |
| As of June 16, 2017
| BNC Historical Cost Basis |  | Fair Value Adjustments (1) |  | As Recorded by Pinnacle Financial
Assets |  |  |  |  |
Cash and cash equivalents | $ | 155,271 |  |  | $ | — |  |  | $ | 155,271 |
Investment securities | 643,875 |  |  | 1,667 |  |  | 645,542 |
Loans, net of allowance for loan losses (2) | 5,782,720 |  |  | (181,430 | ) |  | 5,601,290 |
Mortgage loans held for sale | 27,026 |  |  | — |  |  | 27,026 |
Other real estate owned (3) | 20,143 |  |  | 1,382 |  |  | 21,525 |
Core deposit and other intangible (4) | — |  |  | 50,422 |  |  | 50,422 |
Property, plant and equipment (5) | 156,805 |  |  | (3,341 | ) |  | 153,464 |
Other assets (6) | 320,988 |  |  | 54,057 |  |  | 375,045 |
Total Assets | $ | 7,106,828 |  |  | $ | (77,243 | ) |  | $ | 7,029,585 |
Liabilities |  |  |  |  |  |  |  |
Interest-bearing deposits (7) | $ | 5,003,653 |  |  | $ | 4,355 |  |  | $ | 5,008,008 |
Non-interest bearing deposits | 1,199,342 |  |  | — |  |  | 1,199,342 |
Borrowings (8) | 183,389 |  |  | (6,412 | ) |  | 176,977 |
Other liabilities (9) | 35,729 |  |  | 6,840 |  |  | 42,569 |
Total Liabilities | $ | 6,422,113 |  |  | $ | 4,783 |  |  | $ | 6,426,896 |
Net Assets Acquired | $ | 684,715 |  |  | $ | (82,026 | ) |  | $ | 602,689 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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