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Loans and Allowance for Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2022
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Loans at September 30, 2022 and December 31, 2021 were as follows (in thousands):
September 30, 2022December 31, 2021
Commercial real estate:
Owner occupied$3,426,271 $3,048,822
Non-owner occupied6,164,981 5,221,704
Consumer real estate – mortgage4,271,913 3,680,684
Construction and land development3,548,970 2,903,017
Commercial and industrial9,748,994 8,074,546
Consumer and other550,565 485,489
Subtotal$27,711,694 $23,414,262 
Allowance for credit losses(288,088)(263,233)
Loans, net$27,423,606 $23,151,029 
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 September 30, 2022 (in thousands):
September 30, 202220222021202020192018PriorRevolving LoansTotal
Commercial real estate - Owner occupied
Pass$908,936 $861,738 $629,881 $334,654 $253,903 $318,241 $57,386 $3,364,739 
Special Mention6,996 21,444 8,973 1,612 — 5,748 — 44,773 
Substandard (1)
2,184 998 1,646 5,519 1,394 2,601 — 14,342 
Substandard-nonaccrual692 401 — 257 939 128 — 2,417 
Doubtful-nonaccrual— — — — — — — — 
Total Commercial real estate - owner occupied$918,808 $884,581 $640,500 $342,042 $256,236 $326,718 $57,386 $3,426,271 
Commercial real estate - Non-owner occupied
Pass$2,041,293 $1,512,522 $902,351 $757,308 $362,229 $440,692 $62,643 $6,079,038 
Special Mention2,081 6,659 34,255 16,491 — 23,917 — 83,403 
Substandard (1)
— — — 1,296 — — — 1,296 
Substandard-nonaccrual— 1,040 — — — 204 — 1,244 
Doubtful-nonaccrual— — — — — — — — 
Total Commercial real estate - Non-owner occupied$2,043,374 $1,520,221 $936,606 $775,095 $362,229 $464,813 $62,643 $6,164,981 
Consumer real estate – mortgage
Pass$844,646 $1,156,847 $502,444 $248,804 $138,540 $278,119 $1,087,348 $4,256,748 
Special Mention— — — — 220 254 — 474 
Substandard (1)
— — — — — — — — 
Substandard-nonaccrual279 1,005 1,800 6,392 1,160 3,937 118 14,691 
Doubtful-nonaccrual— — — — — — — — 
Total Consumer real estate – mortgage$844,925 $1,157,852 $504,244 $255,196 $139,920 $282,310 $1,087,466 $4,271,913 
Construction and land development
Pass$1,496,481 $1,484,141 $463,924 $73,089 $6,313 $8,522 $15,819 $3,548,289 
Special Mention440 — — — — 138 — 578 
Substandard (1)
— — — — — — — — 
Substandard-nonaccrual— — — 2 — 101 — 103 
Doubtful-nonaccrual— — — — — — — — 
Total Construction and land development$1,496,921 $1,484,141 $463,924 $73,091 $6,313 $8,761 $15,819 $3,548,970 
Commercial and industrial
Pass$3,036,224 $1,954,740 $542,893 $383,359 $176,784 $138,913 $3,331,195 $9,564,108 
Special Mention13,160 15,027 6,298 33,503 5,127 1,224 51,773 126,112 
Substandard (1)
15,606 8,240 273 4,279 1,369 917 12,430 43,114 
Substandard-nonaccrual3,464 11,150 1 197 111 389 348 15,660 
Doubtful-nonaccrual— — — — — — — — 
 Total Commercial and industrial$3,068,454 $1,989,157 $549,465 $421,338 $183,391 $141,443 $3,395,746 $9,748,994 
Consumer and other
Pass$140,100 $112,455 $61,508 $2,521 $1,050 $1,310 $231,621 $550,565 
Special Mention— — — — — — — — 
Substandard (1)
— — — — — — — — 
Substandard-nonaccrual— — — — — — — — 
Doubtful-nonaccrual— — — — — — — — 
Total Consumer and other$140,100 $112,455 $61,508 $2,521 $1,050 $1,310 $231,621 $550,565 
Total loans
Pass$8,467,680 $7,082,443 $3,103,001 $1,799,735 $938,819 $1,185,797 $4,786,012 $27,363,487 
Special Mention22,677 43,130 49,526 51,606 5,347 31,281 51,773 255,340 
Substandard (1)
17,790 9,238 1,919 11,094 2,763 3,518 12,430 58,752 
Substandard-nonaccrual4,435 13,596 1,801 6,848 2,210 4,759 466 34,115 
Doubtful-nonaccrual— — — — — — — — 
Total loans$8,512,582 $7,148,407 $3,156,247 $1,869,283 $949,139 $1,225,355 $4,850,681 $27,711,694 
(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 $59.3 million at September 30, 2022, compared to $109.6 million at December 31, 2021.
Past Due Balances by Loan Classification
The table below presents the aging of past due balances by loan segment at September 30, 2022 and December 31, 2021 (in thousands):

September 30, 202230-59 days past due60-89 days past due90 days or more past dueTotal
past due		CurrentTotal loans
Commercial real estate:
Owner occupied$642 $355 $1,725 $2,722 $3,423,549 $3,426,271 
Non-owner occupied307 632 1,244 2,183 6,162,798 6,164,981 
Consumer real estate – mortgage1,281 11,209 8,737 21,227 4,250,686 4,271,913 
Construction and land development67 — — 67 3,548,903 3,548,970 
Commercial and industrial8,264 3,503 6,934 18,701 9,730,293 9,748,994 
Consumer and other2,965 1,629 785 5,379 545,186 550,565 
Total$13,526 $17,328 $19,425 $50,279 $27,661,415 $27,711,694 
December 31, 2021
Commercial real estate:
Owner occupied$727 $— $2,426 $3,153 $3,045,669 $3,048,822 
Non-owner occupied1,434 — 645 2,079 5,219,625 5,221,704 
Consumer real estate – mortgage8,710 122 4,450 13,282 3,667,402 3,680,684 
Construction and land development61 — 127 188 2,902,829 2,903,017 
Commercial and industrial4,926 2,677 7,311 14,914 8,059,632 8,074,546 
Consumer and other1,715 568 372 2,655 482,834 485,489 
Total$17,573 $3,367 $15,331 $36,271 $23,377,991 $23,414,262 
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 nine months ended September 30, 2022 and 2021, 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		Total
Three months ended September 30, 2022:
Balance at June 30, 2022$19,609 $52,547 $33,883 $28,681 $125,772 $11,991 $272,483 
Charged-off loans(447)(99)(155)— (13,029)(3,969)(17,699)
Recovery of previously charged-off loans1,039 — 426 15 2,869 2,367 6,716 
Provision for credit losses on loans(132)(1,884)1,311 (75)24,673 2,695 26,588 
Balance at September 30, 2022$20,069 $50,564 $35,465 $28,621 $140,285 $13,084 $288,088 
Three months ended September 30, 2021:      
Balance at June 30, 2021$19,311 $79,081 $30,445 $33,487 $102,101 $9,322 $273,747 
Charged-off loans(543)(201)(94)— (10,167)(1,284)(12,289)
Recovery of previously charged-off loans80 326 777 32 997 796 3,008 
Provision for credit losses on loans411 (5,180)(103)(659)8,485 1,215 4,169 
Balance at September 30, 2021$19,259 $74,026 $31,025 $32,860 $101,416 $10,049 $268,635 
 Commercial real estate - Owner occupiedCommercial real estate - Non-owner occupiedConsumer
 real estate - mortgage		Construction and land developmentCommercial and industrialConsumer
and other		Total
Nine months ended September 30, 2022:      
Balance at December 31, 2021$19,618 $58,504 $32,104 $29,429 $112,340 $11,238 $263,233 
Charged-off loans(1,412)(284)(409)(150)(22,684)(8,445)(33,384)
Recovery of previously charged-off loans1,373 247 1,298 164 10,393 5,091 18,566 
Provision for credit losses on loans490 (7,903)2,472 (822)40,236 5,200 39,673 
Balance at September 30, 2022$20,069 $50,564 $35,465 $28,621 $140,285 $13,084 $288,088 
Nine months ended September 30, 2021:      
Balance at December 31, 2020$23,298 $79,132 $33,304 $42,408 $98,423 $8,485 $285,050 
Charged-off loans(1,246)(672)(626)(367)(32,890)(3,518)(39,319)
Recovery of previously charged-off loans1,158 486 1,690 269 2,848 2,222 8,673 
Provision for credit losses on loans(3,951)(4,920)(3,343)(9,450)33,035 2,860 14,231 
Balance at September 30, 2021$19,259 $74,026 $31,025 $32,860 $101,416 $10,049 $268,635 
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 September 30, 2022 and December 31, 2021 (in thousands):
Real EstateBusiness AssetsOtherTotal
September 30, 2022
Commercial real estate:
Owner occupied$4,778 $— $— $4,778 
Non-owner occupied3,773 — — 3,773 
Consumer real estate – mortgage19,835 — — 19,835 
Construction and land development879 — — 879 
Commercial and industrial— 20,385 — 20,385 
Consumer and other— — — — 
Total $29,265 $20,385 $— $49,650 
December 31, 2021
Commercial real estate:
Owner occupied$5,300 $— $— $5,300 
Non-owner occupied5,631 — — 5,631 
Consumer real estate – mortgage16,392 — — 16,392 
Construction and land development1,208 — — 1,208 
Commercial and industrial— 6,976 206 7,182 
Consumer and other— — — — 
Total $28,531 $6,976 $206 $35,713 
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 September 30, 2022 and December 31, 2021. Also presented is the balance of loans on nonaccrual status at September 30, 2022 for which there was no related allowance for credit losses recorded (in thousands):
September 30, 2022December 31, 2021
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$2,417 $— $— $2,694 $— $— 
Non-owner occupied1,244 1,040 — 1,404 — — 
Consumer real estate – mortgage14,691 — — 10,264 — 144 
Construction and land development103 — — 356 — — 
Commercial and industrial15,660 231 5,973 16,849 13,188 1,091 
Consumer and other— — 784 2 — 372 
Total$34,115 $1,271 $6,757 $31,569 $13,188 $1,607 
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 September 30, 2022 with the comparative exposures for December 31, 2021 (in thousands):
 September 30, 2022 
 Outstanding Principal BalancesUnfunded CommitmentsTotal exposureTotal Exposure at December 31, 2021
Lessors of nonresidential buildings$4,737,130 $2,133,341 $6,870,471 $5,368,638 
Lessors of residential buildings1,678,815 1,804,455 3,483,270 2,566,352 
New housing for-sale builders724,818 1,108,631 1,833,449 1,534,789