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Other borrowings Other Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2021
Subordinated Debt [Abstract] |
Schedule of Maturities of Long-term Debt | Pinnacle Financial has twelve wholly-owned subsidiaries that are statutory business trusts created for the exclusive purpose of issuing 30-year capital trust preferred securities, and Pinnacle Financial has entered into certain other subordinated debt agreements. These instruments are outlined below as of December 31, 2021 (in thousands):
Name | Date Established | Maturity | Total Debt Outstanding | Interest Rate at December 31, 2021 | Coupon Structure
Trust preferred securities |  |  |  |  |
Pinnacle Statutory Trust I | December 29, 2003 | December 30, 2033 | $ | 10,310 |  | 3.02 | % | 30-day LIBOR + 2.80%
Pinnacle Statutory Trust II | September 15, 2005 | September 30, 2035 | 20,619 |  | 1.62 | % | 30-day LIBOR + 1.40%
Pinnacle Statutory Trust III | September 07, 2006 | September 30, 2036 | 20,619 |  | 1.87 | % | 30-day LIBOR + 1.65%
Pinnacle Statutory Trust IV | October 31, 2007 | September 30, 2037 | 30,928 |  | 3.05 | % | 30-day LIBOR + 2.85%
BNC Capital Trust I | April 03, 2003 | April 15, 2033 | 5,155 |  | 3.37 | % | 30-day LIBOR + 3.25%
BNC Capital Trust II | March 11, 2004 | April 07, 2034 | 6,186 |  | 2.97 | % | 30-day LIBOR + 2.85%
BNC Capital Trust III | September 23, 2004 | September 23, 2034 | 5,155 |  | 2.52 | % | 30-day LIBOR + 2.40%
BNC Capital Trust IV | September 27, 2006 | December 31, 2036 | 7,217 |  | 1.92 | % | 30-day LIBOR + 1.70%
Valley Financial Trust I | June 26, 2003 | June 26, 2033 | 4,124 |  | 3.32 | % | 30-day LIBOR + 3.10%
Valley Financial Trust II | September 26, 2005 | December 15, 2035 | 7,217 |  | 1.69 | % | 30-day LIBOR + 1.49%
Valley Financial Trust III | December 15, 2006 | January 30, 2037 | 5,155 |  | 1.86 | % | 30-day LIBOR + 1.73%
Southcoast Capital Trust III | August 05, 2005 | September 30, 2035 | 10,310 |  | 1.72 | % | 30-day LIBOR + 1.50%
Subordinated Debt |  |  |  |  |
Pinnacle Financial Subordinated Notes | September 11, 2019 | September 15, 2029 | 300,000 |  | 4.13 | % | Fixed (1)
Debt issuance costs and fair value adjustment |  | (9,823) |  |  |
Total subordinated debt and other borrowings |  | $ | 423,172 |  |  |
(1) Migrates to three month LIBOR + 2.775% (or an alternative benchmark rate plus comparable spread in the event that three month LIBOR is no longer published on such adjustment date) beginning September 15, 2024 through the end of the term.

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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
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- References No definition available. + Details
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