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Federal Home Loan Bank Advances (Tables)
 12 Months Ended
Dec. 31, 2023
Advance from Federal Home Loan Bank [Abstract]  
Scheduled Maturities of Advances and Interest Rates
At December 31, 2023 and 2022, Pinnacle Bank had outstanding advances from the FHLB totaling approximately $2.1 billion and $464.4 million, respectively. The scheduled maturities of FHLB advances at December 31, 2023 and interest rates are as follows (in thousands):
 Scheduled maturities
Weighted average interest rates(1)
2024$— — %
2025366,250 4.97 %
2026162,500 4.00 %
2027237,500 4.14 %
20281,375,000 3.97 %
Thereafter12 2.75 %
2,141,262 
Deferred costs(1,070)
Fair value hedging adjustment(2,023)
Total Federal Home Loan Bank advances$2,138,169 
Weighted average interest rate 4.17 %
(1)Some FHLB advances include variable interest rates and could increase in the future. The table reflects rates in effect as of December 31, 2023.