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Loans and Allowance for Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2021
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Loans at June 30, 2021 and December 31, 2020 were as follows:
June 30, 2021December 31, 2020
Commercial real estate:
Owner occupied$2,817,689 $2,802,227 
Non-owner occupied5,368,804 5,203,384 
Consumer real estate – mortgage3,335,537 3,099,172 
Construction and land development2,791,611 2,901,746 
Commercial and industrial8,144,170 8,038,457 
Consumer and other440,124 379,515 
Subtotal$22,897,935 $22,424,501 
Allowance for credit losses(273,747)(285,050)
Loans, net$22,624,188 $22,139,451 
Loan Classification Categorized by Risk Rating Category The table below presents loan balances classified within each risk rating category by primary loan type and based on year of origination or most recent renewal as of June 30, 2021 (in thousands):
June 30, 202120212020201920182017PriorRevolving LoansTotal
Commercial real estate - Owner occupied
Pass$372,905 $795,798 $431,840 $361,214 $247,024 $406,461 $72,504 $2,687,746 
Special Mention3,691 19,290 23,524 15,127 9,778 6,844 1,350 79,604 
Substandard (1)
1,564 14,187 7,322 3,217 10,268 6,874 4,404 47,836 
Substandard-nonaccrual— 171 139 777 1,036 380 — 2,503 
Doubtful-nonaccrual— — — — — — — — 
Total Commercial real estate - owner occupied$378,160 $829,446 $462,825 $380,335 $268,106 $420,559 $78,258 $2,817,689 
Commercial real estate - Non-owner occupied
Pass$840,396 $1,036,343 $965,640 $526,914 $443,070 $606,855 $69,031 $4,488,249 
Special Mention58,047 436,107 111,495 47,077 100,497 98,996 35 852,254 
Substandard (1)
5,212 8,460 1,603 3,044 1,693 5,578 — 25,590 
Substandard-nonaccrual— 3 280 559 — 1,869 — 2,711 
Doubtful-nonaccrual— — — — — — — — 
Total Commercial real estate - Non-owner occupied$903,655 $1,480,913 $1,079,018 $577,594 $545,260 $713,298 $69,066 $5,368,804 
Consumer real estate – mortgage
Pass$575,556 $671,443 $383,987 $251,640 $133,519 $344,836 $950,101 $3,311,082 
Special Mention120 — 58 705 517 967 — 2,367 
Substandard (1)
— 1,000 — — — 1,854 1,760 4,614 
Substandard-nonaccrual306 179 2,425 678 1,166 10,357 2,363 17,474 
Doubtful-nonaccrual— — — — — — — — 
Total Consumer real estate – mortgage$575,982 $672,622 $386,470 $253,023 $135,202 $358,014 $954,224 $3,335,537 
Construction and land development
Pass$616,758 $1,061,748 $801,545 $221,560 $28,096 $17,426 $12,308 $2,759,441 
Special Mention2,754 16,057 10,125 — — 1,788 1 30,725 
Substandard (1)
— 349 13 23 — 113 — 498 
Substandard-nonaccrual— 288 517 64 70 8 — 947 
Doubtful-nonaccrual— — — — — — — — 
Total Construction and land development$619,512 $1,078,442 $812,200 $221,647 $28,166 $19,335 $12,309 $2,791,611 
Commercial and industrial
Pass$2,294,532 $1,658,111 $803,144 $404,779 $184,911 $154,233 $2,389,598 $7,889,308 
Special Mention6,053 28,372 61,369 3,399 796 2,348 32,350 134,687 
Substandard (1)
22,445 11,546 7,209 11,408 3,475 2,013 32,636 90,732 
Substandard-nonaccrual625 16,822 4,335 485 465 648 6,063 29,443 
Doubtful-nonaccrual— — — — — — — — 
 Total Commercial and industrial$2,323,655 $1,714,851 $876,057 $420,071 $189,647 $159,242 $2,460,647 $8,144,170 
Consumer and other
Pass$131,826 $105,264 $9,940 $3,614 $4,120 $3,211 $182,122 $440,097 
Special Mention— — — — — — — — 
Substandard (1)
— — — — — — — — 
Substandard-nonaccrual— — — — 22 2 3 27 
Doubtful-nonaccrual— — — — — — — — 
Total Consumer and other$131,826 $105,264 $9,940 $3,614 $4,142 $3,213 $182,125 $440,124 
Total loans
Pass$4,831,973 $5,328,707 $3,396,096 $1,769,721 $1,040,740 $1,533,022 $3,675,664 $21,575,923 
Special Mention70,665 499,826 206,571 66,308 111,588 110,943 33,736 1,099,637 
Substandard (1)
29,221 35,542 16,147 17,692 15,436 16,432 38,800 169,270 
Substandard-nonaccrual931 17,463 7,696 2,563 2,759 13,264 8,429 53,105 
June 30, 202120212020201920182017PriorRevolving LoansTotal
Doubtful-nonaccrual— — — — — — — — 
Total loans$4,932,790 $5,881,538 $3,626,510 $1,856,284 $1,170,523 $1,673,661 $3,756,629 $22,897,935 
(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 troubled debt restructurings. Potential problem loans, which are not included in nonaccrual loans, amounted to approximately $169.3 million at June 30, 2021, compared to $173.5 million at December 31, 2020.
Past Due Balances by Loan Classification
The table below presents the aging of past due balances by loan segment at June 30, 2021 and December 31, 2020 (in thousands):

June 30, 202130-59 days past due60-89 days past due90 days or more past dueTotal
past due		CurrentTotal loans
Commercial real estate:
Owner occupied$1,301 $902 $997 $3,200 $2,814,489 $2,817,689 
Non-owner occupied1,753 278 1,966 3,997 5,364,807 5,368,804 
Consumer real estate – mortgage1,997 6,128 3,370 11,495 3,324,042 3,335,537 
Construction and land development— — 135 135 2,791,476 2,791,611 
Commercial and industrial3,002 1,634 5,511 10,147 8,134,023 8,144,170 
Consumer and other752 451 286 1,489 438,635 440,124 
Total$8,805 $9,393 $12,265 $30,463 $22,867,472 $22,897,935 
December 31, 2020
Commercial real estate:
Owner occupied$934 $2,672 $1,860 $5,466 $2,796,761 $2,802,227 
Non-owner occupied726 6,220 3,861 10,807 5,192,577 5,203,384 
Consumer real estate – mortgage8,859 328 6,274 15,461 3,083,711 3,099,172 
Construction and land development278 418 736 1,432 2,900,314 2,901,746 
Commercial and industrial20,278 5,801 4,408 30,487 8,007,970 8,038,457 
Consumer and other806 282 304 1,392 378,123 379,515 
Total$31,881 $15,721 $17,443 $65,045 $22,359,456 $22,424,501 
Details of Changes in the Allowance for Loan Losses The following table details the changes in the allowance for credit losses for the three and six months ended June 30, 2021 and 2020, respectively, by loan classification (in thousands):
 Commercial real estate - Owner occupiedCommercial real estate - Non-owner occupiedConsumer
 real estate - mortgage		Construction and land developmentCommercial and industrialConsumer
and other		UnallocatedTotal
Three months ended June 30, 2021:
Balance at March 31, 2021$22,065 $80,519 $30,199 $37,642 $101,076 $9,380 $— $280,881 
Charged-off loans(6)(332)(161)— (10,972)(1,284)— (12,755)
Recovery of previously charged-off loans476 147 548 200 645 771 — 2,787 
Provision for credit losses on loans(3,224)(1,253)(141)(4,355)11,352 455 — 2,834 
Balance at June 30, 2021$19,311 $79,081 $30,445 $33,487 $102,101 $9,322 $— $273,747 
Three months ended June 30, 2020:       
Balance at March 31, 2020$23,634 $32,114 $32,998 $38,911 $88,060 $6,748 $— $222,465 
Charged-off loans— (2)(1,196)— (6,734)(1,070)— (9,002)
Recovery of previously charged-off loans80 106 484 50 2,249 648 — 3,617 
Provision for credit losses on loans15,089 36,208 (2,928)2,936 17,035 (48)— 68,292 
Balance at June 30, 2020$38,803 $68,426 $29,358 $41,897 $100,610 $6,278 $— $285,372 
 Commercial real estate - Owner occupiedCommercial real estate - Non-owner occupiedConsumer
 real estate - mortgage		Construction and land developmentCommercial and industrialConsumer
and other		UnallocatedTotal
Six months ended June 30, 2021:       
Balance at December 31, 2020$23,298 $79,132 $33,304 $42,408 $98,423 $8,485 $— $285,050 
Charged-off loans(703)(472)(532)(367)(22,721)(2,234)— (27,029)
Recovery of previously charged-off loans1,078 159 913 237 1,851 1,426 — 5,664 
Provision for credit losses on loans(4,362)262 (3,240)(8,791)24,548 1,645 — 10,062 
Balance at June 30, 2021$19,311 $79,081 $30,445 $33,487 $102,101 $9,322 $— $273,747 
Six months ended June 30, 2020:       
Balance at December 31, 2019$13,406 $19,963 $8,054 $12,662 $36,112 $3,595 $985 $94,777 
Impact of adopting ASC 326264 (4,740)21,029 (3,144)23,040 2,638 (985)38,102 
Charged-off loans(1,061)(263)(2,126)— (14,998)(2,247)— (20,695)
Recovery of previously charged-off loans225 199 674 93 2,997 967 — 5,155 
Provision for credit losses on loans25,969 53,267 1,727 32,286 53,459 1,325 — 168,033 
Balance at June 30, 2020$38,803 $68,426 $29,358 $41,897 $100,610 $6,278 $— $285,372 
Schedule of Collateral Dependent Loans Individually Evaluated for ACL The following table presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, as of June 30, 2021 and December 31, 2020 (in thousands):
Real EstateBusiness AssetsOtherTotal
June 30, 2021
Commercial real estate:
Owner occupied$5,547 $— $— $5,547 
Non-owner occupied6,820 — — 6,820 
Consumer real estate – mortgage22,341 — — 22,341 
Construction and land development1,944 — — 1,944 
Commercial and industrial— 11,634 289 11,923 
Consumer and other— — 24 24 
Total $36,652 $11,634 $313 $48,599 
December 31, 2020
Commercial real estate:
Owner occupied$15,681 $— $— $15,681 
Non-owner occupied7,000 — — 7,000 
Consumer real estate – mortgage27,082 — — 27,082 
Construction and land development2,049 — — 2,049 
Commercial and industrial— 22,437 39 22,476 
Consumer and other— — 4 4 
Total $51,812 $22,437 $43 $74,292 
Financing Receivable, Nonaccrual The table below presents the amortized cost basis of loans on nonaccrual status and loans past due 90 or more days and still accruing interest at June 30, 2021 and December 31, 2020. Also presented is the balance of loans on nonaccrual status at June 30, 2021 for which there was no related allowance for credit losses recorded (in thousands):
June 30, 2021December 31, 2020
Total nonaccrual loansNonaccrual loans with no allowance for credit lossesLoans past due 90 or more days and still accruingTotal nonaccrual loansNonaccrual loans with no allowance for credit lossesLoans past due 90 or more days and still accruing
Commercial real estate:
Owner occupied$2,503 $— $— $10,231 $5,985 $— 
Non-owner occupied2,711 — — 5,219 1,522 — 
Consumer real estate – mortgage17,474 — — 22,191 — 273 
Construction and land development947 — 135 1,953 — — 
Commercial and industrial29,443 23,750 1,390 34,238 29,030 1,785 
Consumer and other27 — 285 4 — 304 
Total$53,105 $23,750 $1,810 $73,836 $36,537 $2,362 
Troubled Debt Restructurings The following table outlines the amount of each loan category where troubled debt restructurings were made during the six months ended June 30, 2020 (in thousands):
June 30, 2020
Number
of contracts		Pre Modification Outstanding Recorded InvestmentPost Modification Outstanding Recorded Investment, net of related allowance
Consumer real estate – mortgage1 $807 $807 
Summary of Loan Portfolio Credit Risk Exposure Pinnacle Financial analyzes its commercial loan portfolio to determine if a concentration of credit risk exists to any industries. Pinnacle Financial utilizes broadly accepted industry classification systems in order to classify borrowers into various industry classifications. Pinnacle Financial has a credit exposure (loans outstanding plus unfunded lines of credit) exceeding 25% of Pinnacle Bank's total risk-based capital to borrowers in the following industries at June 30, 2021 with the comparative exposures for December 31, 2020 (in thousands):
 June 30, 2021 
 Outstanding Principal BalancesUnfunded CommitmentsTotal exposureTotal Exposure at December 31, 2020
Lessors of nonresidential buildings$3,587,877 $1,228,232 $4,816,109 $4,442,712 
Lessors of residential buildings1,376,546 887,899 2,264,445 2,126,246 
Hotels (except Casino Hotels) and Motels979,770 65,699 1,045,469 1,039,259 
New Housing For-Sale Builders493,082 814,372 1,307,454 1,124,302