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v3.20.4

Other borrowings (Details) - USD ($) $ in Thousands |  | 12 Months Ended |
--- | --- | --- | ---
Jan. 01, 2020 | Dec. 31, 2020 | Dec. 31, 2019
Debt Instrument [Line Items] |  |  |  |
Subordinated debt and other borrowings |  |  | $ 670,575 | $ 749,080
Debt issuance costs and fair value adjustments |  |  | (12,420) |
Proceeds from Issuance of Debt |  | $ 80,000 |  |
Paycheck Protection Program Liquidity Facility [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity |  |  | $ 1,800,000 |
Pinnacle Statutory Trust I |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Dec. 29, 2003 |
Maturity |  |  | Dec. 30, 2033 |
Subordinated debt and other borrowings |  |  | $ 10,310 |
Interest Rate (as percent) |  |  | 3.03% |
Coupon Structure |  |  | 30-day LIBOR + 2.80% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 2.80% |
Pinnacle Statutory Trust II |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Sep. 15, 2005 |
Maturity |  |  | Sep. 30, 2035 |
Subordinated debt and other borrowings |  |  | $ 20,619 |
Interest Rate (as percent) |  |  | 1.64% |
Coupon Structure |  |  | 30-day LIBOR + 1.40% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 1.40% |
Pinnacle Statutory Trust III |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Sep. 07, 2006 |
Maturity |  |  | Sep. 30, 2036 |
Subordinated debt and other borrowings |  |  | $ 20,619 |
Interest Rate (as percent) |  |  | 1.90% |
Coupon Structure |  |  | 30-day LIBOR + 1.65% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 1.65% |
Pinnacle Statutory Trust IV |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Oct. 31, 2007 |
Maturity |  |  | Sep. 30, 2037 |
Subordinated debt and other borrowings |  |  | $ 30,928 |
Interest Rate (as percent) |  |  | 3.07% |
Coupon Structure |  |  | 30-day LIBOR + 2.85% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 2.85% |
BNC Capital Trust I |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Apr. 03, 2003 |
Maturity |  |  | Apr. 15, 2033 |
Subordinated debt and other borrowings |  |  | $ 5,155 |
Interest Rate (as percent) |  |  | 3.49% |
Coupon Structure |  |  | 30-day LIBOR + 3.25% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 3.25% |
BNC Capital Trust II |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Mar. 11, 2004 |
Maturity |  |  | Apr. 07, 2034 |
Subordinated debt and other borrowings |  |  | $ 6,186 |
Interest Rate (as percent) |  |  | 3.09% |
Coupon Structure |  |  | 30-day LIBOR + 2.85% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 2.85% |
BNC Capital Trust III |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Sep. 23, 2004 |
Maturity |  |  | Sep. 23, 2034 |
Subordinated debt and other borrowings |  |  | $ 5,155 |
Interest Rate (as percent) |  |  | 2.64% |
Coupon Structure |  |  | 30-day LIBOR + 2.40% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 2.40% |
BNC Capital Trust IV |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Sep. 27, 2006 |
Maturity |  |  | Dec. 31, 2036 |
Subordinated debt and other borrowings |  |  | $ 7,217 |
Interest Rate (as percent) |  |  | 1.94% |
Coupon Structure |  |  | 30-day LIBOR + 1.70% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 1.70% |
Valley Financial Trust I |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Jun. 26, 2003 |
Maturity |  |  | Jun. 26, 2033 |
Subordinated debt and other borrowings |  |  | $ 4,124 |
Interest Rate (as percent) |  |  | 3.35% |
Coupon Structure |  |  | 30-day LIBOR + 3.10% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 3.10% |
Valley Financial Trust II |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Sep. 26, 2005 |
Maturity |  |  | Dec. 15, 2035 |
Subordinated debt and other borrowings |  |  | $ 7,217 |
Interest Rate (as percent) |  |  | 1.71% |
Coupon Structure |  |  | 30-day LIBOR + 1.49% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 1.49% |
Valley Financial Trust III |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Dec. 15, 2006 |
Maturity |  |  | Jan. 30, 2037 |
Subordinated debt and other borrowings |  |  | $ 5,155 |
Interest Rate (as percent) |  |  | 1.94% |
Coupon Structure |  |  | 30-day LIBOR + 1.73% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 1.73% |
Southcoast Capital Trust III |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Aug. 05, 2005 |
Maturity |  |  | Sep. 30, 2035 |
Subordinated debt and other borrowings |  |  | $ 10,310 |
Interest Rate (as percent) |  |  | 1.74% |
Coupon Structure |  |  | 30-day LIBOR + 1.50% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 1.50% |
Pinnacle Bank Subordinated Notes |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Jul. 30, 2015 |
Maturity |  |  | Jul. 30, 2025 |
Subordinated debt and other borrowings |  |  | $ 60,000 |
Interest Rate (as percent) |  |  | 3.34% |
Coupon Structure |  |  | 3-month LIBOR + 3.128% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 3.128% |
Debt Instrument, Term of variable rate |  |  | 3 months |
Pinnacle Bank Subordinated Notes |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Mar. 10, 2016 |
Maturity |  |  | Jul. 30, 2025 |
Subordinated debt and other borrowings |  |  | $ 70,000 |
Interest Rate (as percent) |  |  | 3.34% |
Coupon Structure |  |  | 3-month LIBOR + 3.128% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 3.128% |
Debt Instrument, Term of variable rate |  |  | 3 months |
Avenue Subordinated Notes |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Repayments of Subordinated Debt |  | 20,000 |  |
Pinnacle Financial Subordinated Notes |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Nov. 16, 2016 |
Maturity |  |  | Nov. 16, 2026 |
Subordinated debt and other borrowings | [1] |  | $ 120,000 |
Interest Rate (as percent) | [1] |  | 5.25% |
Coupon Structure | [1] |  | LIBOR + 3.884% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 3.884% |
Debt Instrument, Term of variable rate | [1] |  | 3 months |
Pinnacle Financial Notes 2019 |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Date Established |  |  | Sep. 11, 2019 |
Maturity |  |  | Sep. 15, 2029 |
Subordinated debt and other borrowings | [2] |  | $ 300,000 |
Interest Rate (as percent) | [2] |  | 4.13% |
Coupon Structure | [2] |  | LIBOR + 2.775% |
Debt Instrument, Basis Spread on Variable Rate |  |  | 2.775% |
Debt Instrument, Term of variable rate | [2] |  | 3 months |
BNC Subordinated Notes |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Repayments of Subordinated Debt |  | $ 60,000 |  |
[1] | Migrates to three month LIBOR + 3.884% beginning November 16, 2021 through the end of the term.
[2] | Migrates to three month LIBOR + 2.775% beginning September 15, 2024 through the end of the term.

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