XML 38 R25.htm IDEA: XBRL DOCUMENT
v3.25.3

Loans and Allowance for Loan Losses (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Receivables [Abstract] |
Schedule of Accounts, Notes, Loans and Financing Receivable | Loans at September 30, 2025 and December 31, 2024 were as follows (in thousands):
|  | September 30, 2025 |  | December 31, 2024
Commercial real estate: |  |  |  |
Owner occupied |  | $ | 4,904,462 |  |  | $ | 4,388,531
Non-owner occupied |  | 8,088,289 |  |  | 8,130,118
Consumer real estate – mortgage |  | 5,373,110 |  |  | 4,914,482
Construction and land development |  | 3,389,451 |  |  | 3,699,321
Commercial and industrial |  | 15,570,921 |  |  | 13,815,817
Consumer and other |  | 606,380 |  |  | 537,507
Subtotal |  | $ | 37,932,613 |  |  | $ | 35,485,776 |
Allowance for credit losses |  | (434,450) |  |  | (414,494) |
Loans, net |  | $ | 37,498,163 |  |  | $ | 35,071,282 |
Loan Classification Categorized by Risk Rating Category | The following tables present loan balances classified within each risk rating category by primary loan type and year of origination or most recent renewal as of September 30, 2025 and December 31, 2024, as well as the gross loan charge-offs by primary loan type and year of origination or most recent renewal for the nine months ended September 30, 2025 (in thousands):
| 2025 | 2024 | 2023 | 2022 | 2021 | Prior | Revolving Loans | Total |
September 30, 2025 |  |  |  |  |  |  |  |  |
Commercial real estate - owner occupied |  |  |  |  |  |  |  |  |
Pass | $ | 964,452 |  | $ | 680,927 |  | $ | 694,284 |  | $ | 1,028,920 |  | $ | 697,631 |  | $ | 667,746 |  | $ | 75,121 |  | $ | 4,809,081 |  |
Special Mention | 15,442 |  | 296 |  | 10,906 |  | 6,241 |  | 4,347 |  | 27,076 |  | — |  | 64,308 |  |
Substandard (1) | — |  | — |  | 3,892 |  | 437 |  | 15,922 |  | 194 |  | — |  | 20,445 |  |
Substandard-nonaccrual | — |  | 2,594 |  | 3,467 |  | 558 |  | 612 |  | 3,397 |  | — |  | 10,628 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Commercial real estate - owner occupied | $ | 979,894 |  | $ | 683,817 |  | $ | 712,549 |  | $ | 1,036,156 |  | $ | 718,512 |  | $ | 698,413 |  | $ | 75,121 |  | $ | 4,904,462 |  |
Current period gross charge-offs | $ | — |  | (350) |  | (95) |  | — |  | — |  | (157) |  | — |  | $ | (602) |  |
Commercial real estate - non-owner occupied |  |  |  |  |  |  |  |  |
Pass | $ | 1,370,688 |  | $ | 880,347 |  | $ | 733,968 |  | $ | 2,895,313 |  | $ | 1,262,785 |  | $ | 610,634 |  | $ | 153,067 |  | $ | 7,906,802 |  |
Special Mention | 5,703 |  | 4,778 |  | 1,595 |  | 21,327 |  | 68,571 |  | 12,098 |  | — |  | 114,072 |  |
Substandard (1) | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Substandard-nonaccrual | 34,469 |  | — |  | 3,860 |  | — |  | 29,086 |  | — |  | — |  | 67,415 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Commercial real estate - non-owner occupied | $ | 1,410,860 |  | $ | 885,125 |  | $ | 739,423 |  | $ | 2,916,640 |  | $ | 1,360,442 |  | $ | 622,732 |  | $ | 153,067 |  | $ | 8,088,289 |  |
Current period gross charge-offs | $ | — |  | — |  | — |  | — |  | (222) |  | (93) |  | — |  | $ | (315) |  |
Consumer real estate – mortgage |  |  |  |  |  |  |  |  |
Pass | $ | 771,004 |  | $ | 306,403 |  | $ | 433,085 |  | $ | 806,229 |  | $ | 908,469 |  | $ | 733,514 |  | $ | 1,383,277 |  | $ | 5,341,981 |  |
Special Mention | — |  | — |  | 378 |  | 2,657 |  | 355 |  | — |  | 395 |  | 3,785 |  |
Substandard (1) | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Substandard-nonaccrual | 180 |  | 2,236 |  | 4,162 |  | 5,555 |  | 2,299 |  | 11,744 |  | 1,168 |  | 27,344 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Consumer real estate – mortgage | $ | 771,184 |  | $ | 308,639 |  | $ | 437,625 |  | $ | 814,441 |  | $ | 911,123 |  | $ | 745,258 |  | $ | 1,384,840 |  | $ | 5,373,110 |  |
Current period gross charge-offs | $ | — |  | (121) |  | (591) |  | (389) |  | (72) |  | (34) |  | (500) |  | $ | (1,707) |  |
Construction and land development |  |  |  |  |  |  |  |  |
Pass | $ | 990,064 |  | $ | 754,198 |  | $ | 524,412 |  | $ | 801,520 |  | $ | 156,418 |  | $ | 10,130 |  | $ | 76,828 |  | $ | 3,313,570 |  |
Special Mention | 72,186 |  | 1,514 |  | — |  | — |  | — |  | — |  | 1 |  | 73,701 |  |
Substandard (1) | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Substandard-nonaccrual | — |  | 461 |  | 1,326 |  | — |  | — |  | 393 |  | — |  | 2,180 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Construction and land development | $ | 1,062,250 |  | $ | 756,173 |  | $ | 525,738 |  | $ | 801,520 |  | $ | 156,418 |  | $ | 10,523 |  | $ | 76,829 |  | $ | 3,389,451 |  |
Current period gross charge-offs | $ | — |  | — |  | (274) |  | — |  | — |  | — |  | — |  | $ | (274) |  |
Commercial and industrial |  |  |  |  |  |  |  |  |
Pass | $ | 3,992,780 |  | $ | 3,039,553 |  | $ | 1,287,364 |  | $ | 1,038,523 |  | $ | 503,326 |  | $ | 340,279 |  | $ | 4,970,827 |  | $ | 15,172,652 |  |
Special Mention | 15,213 |  | 58,744 |  | 61,615 |  | 28,325 |  | 14,302 |  | 2,291 |  | 117,890 |  | 298,380 |  |
Substandard (1) | 10,622 |  | 336 |  | 15,598 |  | 17,010 |  | 47 |  | 110 |  | 14,712 |  | 58,435 |  |
Substandard-nonaccrual | 10,650 |  | 2,705 |  | 11,014 |  | 9,642 |  | 4,425 |  | 1,165 |  | 1,853 |  | 41,454 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Commercial and industrial | $ | 4,029,265 |  | $ | 3,101,338 |  | $ | 1,375,591 |  | $ | 1,093,500 |  | $ | 522,100 |  | $ | 343,845 |  | $ | 5,105,282 |  | $ | 15,570,921 |  |
Current period gross charge-offs | $ | (3,010) |  | (5,282) |  | (8,683) |  | (12,518) |  | (5,998) |  | (1,494) |  | (15,634) |  | $ | (52,619) |  |
Consumer and other |  |  |  |  |  |  |  |  |
Pass | $ | 127,791 |  | $ | 19,461 |  | $ | 15,552 |  | $ | 19,910 |  | $ | 29,992 |  | $ | 15,861 |  | $ | 377,151 |  | $ | 605,718 |  |
Special Mention | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Substandard (1) | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Substandard-nonaccrual | 507 |  | — |  | — |  | 16 |  | 119 |  | — |  | 20 |  | 662 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Consumer and other | $ | 128,298 |  | $ | 19,461 |  | $ | 15,552 |  | $ | 19,926 |  | $ | 30,111 |  | $ | 15,861 |  | $ | 377,171 |  | $ | 606,380 |  |
Current period gross charge-offs | $ | (61) |  | (272) |  | (107) |  | (20) |  | (2,274) |  | (1,124) |  | (3,743) |  | $ | (7,601) |  |
| 2025 | 2024 | 2023 | 2022 | 2021 | Prior | Revolving Loans | Total |
Total loans |  |  |  |  |  |  |  |  |
Pass | $ | 8,216,779 |  | $ | 5,680,889 |  | $ | 3,688,665 |  | $ | 6,590,415 |  | $ | 3,558,621 |  | $ | 2,378,164 |  | $ | 7,036,271 |  | $ | 37,149,804 |  |
Special Mention | 108,544 |  | 65,332 |  | 74,494 |  | 58,550 |  | 87,575 |  | 41,465 |  | 118,286 |  | 554,246 |  |
Substandard (1) | 10,622 |  | 336 |  | 19,490 |  | 17,447 |  | 15,969 |  | 304 |  | 14,712 |  | 78,880 |  |
Substandard-nonaccrual | 45,806 |  | 7,996 |  | 23,829 |  | 15,771 |  | 36,541 |  | 16,699 |  | 3,041 |  | 149,683 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total loans | $ | 8,381,751 |  | $ | 5,754,553 |  | $ | 3,806,478 |  | $ | 6,682,183 |  | $ | 3,698,706 |  | $ | 2,436,632 |  | $ | 7,172,310 |  | $ | 37,932,613 |  |
Current period gross charge-offs | $ | (3,071) |  | (6,025) |  | (9,750) |  | (12,927) |  | (8,566) |  | (2,902) |  | (19,877) |  | $ | (63,118) |  |
| 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Revolving Loans | Total |
December 31, 2024 |  |  |  |  |  |  |  |  |
Commercial real estate - owner occupied |  |  |  |  |  |  |  |  |
Pass | $ | 759,519 |  | $ | 771,996 |  | $ | 1,064,314 |  | $ | 784,688 |  | $ | 432,886 |  | $ | 439,607 |  | $ | 67,023 |  | $ | 4,320,033 |  |
Special Mention | 16,638 |  | — |  | 14,231 |  | 3,192 |  | 9,582 |  | 5,032 |  | — |  | 48,675 |  |
Substandard (1) | 599 |  | 3,983 |  | 900 |  | 337 |  | 59 |  | 198 |  | — |  | 6,076 |  |
Substandard-nonaccrual | 3,944 |  | 5,393 |  | — |  | 1,003 |  | 1,780 |  | 1,627 |  | — |  | 13,747 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Commercial real estate - owner occupied | $ | 780,700 |  | $ | 781,372 |  | $ | 1,079,445 |  | $ | 789,220 |  | $ | 444,307 |  | $ | 446,464 |  | $ | 67,023 |  | $ | 4,388,531 |  |
Commercial real estate - non-owner occupied |  |  |  |  |  |  |  |  |
Pass | $ | 1,273,096 |  | $ | 862,747 |  | $ | 3,040,361 |  | $ | 1,789,729 |  | $ | 474,094 |  | $ | 449,924 |  | $ | 124,971 |  | $ | 8,014,922 |  |
Special Mention | 5,970 |  | — |  | 31,783 |  | 29,828 |  | 1,525 |  | 1,827 |  | — |  | 70,933 |  |
Substandard (1) | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Substandard-nonaccrual | — |  | 4,627 |  | 114 |  | 38,456 |  | — |  | 1,066 |  | — |  | 44,263 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Commercial real estate - non-owner occupied | $ | 1,279,066 |  | $ | 867,374 |  | $ | 3,072,258 |  | $ | 1,858,013 |  | $ | 475,619 |  | $ | 452,817 |  | $ | 124,971 |  | $ | 8,130,118 |  |
Consumer real estate – mortgage |  |  |  |  |  |  |  |  |
Pass | $ | 397,681 |  | $ | 487,027 |  | $ | 879,118 |  | $ | 972,489 |  | $ | 397,775 |  | $ | 428,832 |  | $ | 1,312,971 |  | $ | 4,875,893 |  |
Special Mention | — |  | — |  | — |  | 367 |  | — |  | — |  | — |  | 367 |  |
Substandard (1) | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Substandard-nonaccrual | 395 |  | 6,146 |  | 6,918 |  | 6,588 |  | 1,810 |  | 14,720 |  | 1,645 |  | 38,222 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Consumer real estate – mortgage | $ | 398,076 |  | $ | 493,173 |  | $ | 886,036 |  | $ | 979,444 |  | $ | 399,585 |  | $ | 443,552 |  | $ | 1,314,616 |  | $ | 4,914,482 |  |
Construction and land development |  |  |  |  |  |  |  |  |
Pass | $ | 1,052,892 |  | $ | 586,930 |  | $ | 1,589,567 |  | $ | 347,539 |  | $ | 7,415 |  | $ | 7,992 |  | $ | 77,014 |  | $ | 3,669,349 |  |
Special Mention | 2,464 |  | — |  | — |  | 25,121 |  | — |  | — |  | — |  | 27,585 |  |
Substandard (1) | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Substandard-nonaccrual | 475 |  | 1,912 |  | — |  | — |  | — |  | — |  | — |  | 2,387 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Construction and land development | $ | 1,055,831 |  | $ | 588,842 |  | $ | 1,589,567 |  | $ | 372,660 |  | $ | 7,415 |  | $ | 7,992 |  | $ | 77,014 |  | $ | 3,699,321 |  |
Commercial and industrial |  |  |  |  |  |  |  |  |
Pass | $ | 4,334,110 |  | $ | 1,877,507 |  | $ | 1,553,642 |  | $ | 782,366 |  | $ | 223,143 |  | $ | 232,580 |  | $ | 4,441,222 |  | $ | 13,444,570 |  |
Special Mention | 60,125 |  | 99,687 |  | 44,986 |  | 2,519 |  | 714 |  | 677 |  | 73,126 |  | 281,834 |  |
Substandard (1) | 5,998 |  | 2,624 |  | 18,843 |  | 5 |  | 17 |  | 8,693 |  | 4,658 |  | 40,838 |  |
Substandard-nonaccrual | 2,838 |  | 11,226 |  | 12,311 |  | 19,228 |  | 554 |  | 767 |  | 1,651 |  | 48,575 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Commercial and industrial | $ | 4,403,071 |  | $ | 1,991,044 |  | $ | 1,629,782 |  | $ | 804,118 |  | $ | 224,428 |  | $ | 242,717 |  | $ | 4,520,657 |  | $ | 13,815,817 |  |
| 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Revolving Loans | Total |
Consumer and other |  |  |  |  |  |  |  |  |
Pass | $ | 109,143 |  | $ | 26,333 |  | $ | 27,121 |  | $ | 43,271 |  | $ | 24,089 |  | $ | 663 |  | $ | 306,256 |  | $ | 536,876 |  |
Special Mention | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Substandard (1) | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Substandard-nonaccrual | 541 |  | — |  | 25 |  | 39 |  | — |  | — |  | 26 |  | 631 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total Consumer and other | $ | 109,684 |  | $ | 26,333 |  | $ | 27,146 |  | $ | 43,310 |  | $ | 24,089 |  | $ | 663 |  | $ | 306,282 |  | $ | 537,507 |  |
Total loans |  |  |  |  |  |  |  |  |
Pass | $ | 7,926,441 |  | $ | 4,612,540 |  | $ | 8,154,123 |  | $ | 4,720,082 |  | $ | 1,559,402 |  | $ | 1,559,598 |  | $ | 6,329,457 |  | $ | 34,861,643 |  |
Special Mention | 85,197 |  | 99,687 |  | 91,000 |  | 61,027 |  | 11,821 |  | 7,536 |  | 73,126 |  | 429,394 |  |
Substandard (1) | 6,597 |  | 6,607 |  | 19,743 |  | 342 |  | 76 |  | 8,891 |  | 4,658 |  | 46,914 |  |
Substandard-nonaccrual | 8,193 |  | 29,304 |  | 19,368 |  | 65,314 |  | 4,144 |  | 18,180 |  | 3,322 |  | 147,825 |  |
Doubtful-nonaccrual | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |
Total loans | $ | 8,026,428 |  | $ | 4,748,138 |  | $ | 8,284,234 |  | $ | 4,846,765 |  | $ | 1,575,443 |  | $ | 1,594,205 |  | $ | 6,410,563 |  | $ | 35,485,776 |  |
(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 loan modifications made to borrowers experiencing financial difficulty. Potential problem loans, which are not included in nonaccrual loans, amounted to approximately $74.4 million at September 30, 2025, compared to $46.9 million at December 31, 2024.
Past Due Balances by Loan Classification | The table below presents the aging of past due balances by loan segment at September 30, 2025 and December 31, 2024 (in thousands):
September 30, 2025 | 30-59 days past due |  | 60-89 days past due |  | 90 days or more past due |  | Total past due |  | Current |  | Total loans
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |
Owner occupied | $ | 2,983 |  |  | $ | 1,448 |  |  | $ | 10,378 |  |  | $ | 14,809 |  |  | $ | 4,889,653 |  |  | $ | 4,904,462 |
Non-owner occupied | 179 |  |  | 1,591 |  |  | 29,086 |  |  | 30,856 |  |  | 8,057,433 |  |  | 8,088,289 |
Consumer real estate – mortgage | 8,360 |  |  | 14,904 |  |  | 18,724 |  |  | 41,988 |  |  | 5,331,122 |  |  | 5,373,110 |
Construction and land development | 293 |  |  | 247 |  |  | 2,037 |  |  | 2,577 |  |  | 3,386,874 |  |  | 3,389,451 |
Commercial and industrial | 19,693 |  |  | 12,336 |  |  | 26,312 |  |  | 58,341 |  |  | 15,512,580 |  |  | 15,570,921 |
Consumer and other | 2,689 |  |  | 1,613 |  |  | 1,077 |  |  | 5,379 |  |  | 601,001 |  |  | 606,380 |
Total | $ | 34,197 |  |  | $ | 32,139 |  |  | $ | 87,614 |  |  | $ | 153,950 |  |  | $ | 37,778,663 |  |  | $ | 37,932,613 |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |
Owner occupied | $ | 7,857 |  |  | $ | 2,726 |  |  | $ | 10,089 |  |  | $ | 20,672 |  |  | $ | 4,367,859 |  |  | $ | 4,388,531 |
Non-owner occupied | 1,217 |  |  | — |  |  | 39,469 |  |  | 40,686 |  |  | 8,089,432 |  |  | 8,130,118 |
Consumer real estate – mortgage | 19,986 |  |  | 1,621 |  |  | 20,615 |  |  | 42,222 |  |  | 4,872,260 |  |  | 4,914,482 |
Construction and land development | 125 |  |  | — |  |  | 1,541 |  |  | 1,666 |  |  | 3,697,655 |  |  | 3,699,321 |
Commercial and industrial | 15,992 |  |  | 8,515 |  |  | 31,077 |  |  | 55,584 |  |  | 13,760,233 |  |  | 13,815,817 |
Consumer and other | 2,592 |  |  | 1,500 |  |  | 1,160 |  |  | 5,252 |  |  | 532,255 |  |  | 537,507 |
Total | $ | 47,769 |  |  | $ | 14,362 |  |  | $ | 103,951 |  |  | $ | 166,082 |  |  | $ | 35,319,694 |  |  | $ | 35,485,776 |
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, 2025 and 2024, respectively, by loan classification (in thousands):
| Commercial real estate - owner occupied | Commercial real estate - non-owner occupied | Consumer real estate - mortgage | Construction and land development | Commercial and industrial | Consumer and other |  | Total
Three months ended September 30, 2025: |  |  |  |  |  |  |  |
Balance at June 30, 2025 | $ | 37,070 |  | $ | 69,661 |  | $ | 87,296 |  | $ | 32,753 |  | $ | 187,020 |  | $ | 8,325 |  |  | $ | 422,125 |
Charged-off loans | (334) |  | (222) |  | (621) |  | (274) |  | (18,167) |  | (2,470) |  |  | (22,088) |
Recovery of previously charged-off loans | — |  | 9 |  | 368 |  | 11 |  | 3,727 |  | 1,185 |  |  | 5,300 |
Provision for credit losses on loans | 3,454 |  | (933) |  | 1,013 |  | 2,606 |  | 19,874 |  | 3,099 |  |  | 29,113 |
Balance at September 30, 2025 | $ | 40,190 |  | $ | 68,515 |  | $ | 88,056 |  | $ | 35,096 |  | $ | 192,454 |  | $ | 10,139 |  |  | $ | 434,450 |
Three months ended September 30, 2024: |  |  |  |  |  |  |  |
Balance at June 30, 2024 | $ | 29,847 |  | $ | 78,964 |  | $ | 80,247 |  | $ | 30,035 |  | $ | 154,014 |  | $ | 8,494 |  |  | $ | 381,601 |
Charged-off loans | — |  | (266) |  | (126) |  | — |  | (19,842) |  | (2,905) |  |  | (23,139) |
Recovery of previously charged-off loans | 11 |  | 12 |  | 168 |  | — |  | 3,281 |  | 1,319 |  |  | 4,791 |
Provision for credit losses on loans | 1,842 |  | 2,053 |  | (4,102) |  | 2,340 |  | 24,918 |  | 1,230 |  |  | 28,281 |
Balance at September 30, 2024 | $ | 31,700 |  | $ | 80,763 |  | $ | 76,187 |  | $ | 32,375 |  | $ | 162,371 |  | $ | 8,138 |  |  | $ | 391,534 |
Nine months ended September 30, 2025: |  |  |  |  |  |  |  |
Balance at December 31, 2024 | $ | 36,997 |  | $ | 80,654 |  | $ | 80,042 |  | $ | 33,620 |  | $ | 174,799 |  | $ | 8,382 |  |  | $ | 414,494 |
Charged-off loans | (602) |  | (315) |  | (1,707) |  | (274) |  | (52,619) |  | (7,601) |  |  | (63,118) |
Recovery of previously charged-off loans | 14 |  | 27 |  | 776 |  | 13 |  | 9,069 |  | 3,702 |  |  | 13,601 |
Provision for credit losses on loans | 3,781 |  | (11,851) |  | 8,945 |  | 1,737 |  | 61,205 |  | 5,656 |  |  | 69,473 |
Balance at September 30, 2025 | $ | 40,190 |  | $ | 68,515 |  | $ | 88,056 |  | $ | 35,096 |  | $ | 192,454 |  | $ | 10,139 |  |  | $ | 434,450 |
Nine months ended September 30, 2024: |  |  |  |  |  |  |  |
Balance at December 31, 2023 | $ | 28,690 |  | $ | 57,687 |  | $ | 71,354 |  | $ | 39,142 |  | $ | 148,212 |  | $ | 7,970 |  |  | $ | 353,055 |
Charged-off loans | (8,904) |  | (3,347) |  | (788) |  | — |  | (50,611) |  | (9,123) |  |  | (72,773) |
Recovery of previously charged-off loans | 153 |  | 40 |  | 849 |  | 9 |  | 10,030 |  | 4,234 |  |  | 15,315 |
Provision for credit losses on loans | 11,761 |  | 26,383 |  | 4,772 |  | (6,776) |  | 54,740 |  | 5,057 |  |  | 95,937 |
Balance at September 30, 2024 | $ | 31,700 |  | $ | 80,763 |  | $ | 76,187 |  | $ | 32,375 |  | $ | 162,371 |  | $ | 8,138 |  |  | $ | 391,534 |
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, 2025 and December 31, 2024 (in thousands):
| Real Estate | Business Assets | Other | Total
September 30, 2025 |  |  |  |
Commercial real estate: |  |  |  |
Owner occupied | $ | 13,048 |  | $ | — |  | $ | — |  | $ | 13,048 |
Non-owner occupied | 69,806 |  | — |  | — |  | 69,806 |
Consumer real estate – mortgage | 29,202 |  | — |  | — |  | 29,202 |
Construction and land development | 2,230 |  | — |  | — |  | 2,230 |
Commercial and industrial | — |  | 45,289 |  | 72 |  | 45,361 |
Consumer and other | — |  | — |  | 16 |  | 16 |
Total | $ | 114,286 |  | $ | 45,289 |  | $ | 88 |  | $ | 159,663 |
December 31, 2024 |  |  |  |
Commercial real estate: |  |  |  |
Owner occupied | $ | 17,486 |  | $ | — |  | $ | — |  | $ | 17,486 |
Non-owner occupied | 46,745 |  | — |  | — |  | 46,745 |
Consumer real estate – mortgage | 40,795 |  | — |  | — |  | 40,795 |
Construction and land development | 2,441 |  | — |  | — |  | 2,441 |
Commercial and industrial | — |  | 63,626 |  | 752 |  | 64,378 |
Consumer and other | — |  | — |  | 23 |  | 23 |
Total | $ | 107,467 |  | $ | 63,626 |  | $ | 775 |  | $ | 171,868 |
Modifications | The following table shows the amortized cost basis of the loans modified to borrowers experiencing financial difficulty during the three and nine months ended September 30, 2025 and 2024, disaggregated by class of loans and type of modification granted and describes the financial effect of the modifications made to borrowers experiencing financial difficulty (in thousands):
| Three months ended September 30, 2025
| Term Extension | Combination¹
| Amortized Cost Basis | % of Total Loan Type | Amortized Cost Basis | % of Total Loan Type
Commercial real estate: |  |  |  |
Owner occupied | $ | — |  | — | % | $ | — |  | — | %
Non-owner occupied | — |  | — | % | — |  | — | %
Consumer real estate – mortgage | — |  | — | % | — |  | — | %
Construction and land development | — |  | — | % | — |  | — | %
Commercial and industrial | 5,670 |  | 0.04 | % | 982 |  | 0.01 | %
Consumer and other | — |  | — | % | — |  | — | %
Total | $ | 5,670 |  |  | $ | 982 |  |
¹ The combination includes a payment delay and term extension.
| Nine months ended September 30, 2025
| Term Extension | Combination¹
| Amortized Cost Basis | % of Total Loan Type | Amortized Cost Basis | % of Total Loan Type
Commercial real estate: |  |  |  |
Owner occupied | $ | — |  | — | % | $ | — |  | — | %
Non-owner occupied | — |  | — | % | 34,469 |  | 0.43 | %
Consumer real estate – mortgage | — |  | — | % | — |  | — | %
Construction and land development | — |  | — | % | — |  | — | %
Commercial and industrial | 6,326 |  | 0.04 | % | 982 |  | 0.01 | %
Consumer and other | — |  | — | % | — |  | — | %
Total | $ | 6,326 |  |  | $ | 35,451 |  |
¹ The combination includes a payment delay and term extension.
| Three months ended September 30, 2025
| Financial Effect
Term Extension: |
Commercial and industrial | Added a weighted average 0.33 years to the term of the modified loans
Combination: |
Commercial and industrial | Implemented interest only payments until loan maturity and added a weighted average 0.16 years to the term
| Nine months ended September 30, 2025
| Financial Effect
Term Extension: |
Commercial and industrial | Added a weighted average 0.40 years to the term of the modified loans
Combination: |
Commercial real estate - non-owner occupied | Implemented interest only payments until loan maturity and added a weighted average 0.49 years to the term
Commercial and industrial | Implemented interest only payments until loan maturity and added a weighted average 0.16 years to the term
| Three and nine months ended September 30, 2024
| Combination
| Amortized Cost Basis | % of Total Loan Type | Financial Effect
Commercial real estate: |  |  |
Owner occupied | $ | — |  | — | % |
Non-owner occupied | — |  | — | % |
Consumer real estate – mortgage | — |  | — | % |
Construction and land development | — |  | — | % |
Commercial and industrial | 15,003 |  | 0.12 | % | Reduced the weighted average contractural interest rate by 0.5% and added a weighted average 1.92 years to the term
Consumer and other | — |  | — | % |
Total | $ | 15,003 |  |  |
Pinnacle Financial charged off $2.2 million of commercial and industrial loans that were previously modified and subsequently defaulted during the nine months ended September 30, 2025. Pinnacle Financial charged off $2.8 million of owner occupied commercial real estate and $1.1 million of non-owner occupied commercial real estate loans that were previously modified and subsequently defaulted during the nine months ended September 30, 2024. During the nine months ended September 30, 2025 and September 30, 2024, no loans experienced a payment default subsequent to being granted a modification in the prior twelve months. The table below presents the aging of past due balances as of September 30, 2025 and September 30, 2024 of loans made to borrowers experiencing financial difficulty that were modified in the previous twelve months:
September 30, 2025 | 30-59 days past due | 60-89 days past due | 90 days or more past due | Current | Total modified loans
Commercial real estate: |  |  |  |  |
Owner occupied | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |
Non-owner occupied | — |  | — |  | — |  | 34,469 |  | 34,469 |
Consumer real estate – mortgage | — |  | — |  | — |  | — |  | — |
Construction and land development | — |  | — |  | — |  | — |  | — |
Commercial and industrial | — |  | — |  | — |  | 7,308 |  | 7,308 |
Consumer and other | — |  | — |  | — |  | — |  | — |
Total | $ | — |  | $ | — |  | $ | — |  | $ | 41,777 |  | $ | 41,777 |
September 30, 2024 |  |  |  |  |
Commercial real estate: |  |  |  |  |
Owner occupied | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |
Non-owner occupied | — |  | — |  | — |  | — |  | — |
Consumer real estate – mortgage | — |  | — |  | — |  | — |  | — |
Construction and land development | — |  | — |  | — |  | — |  | — |
Commercial and industrial | — |  | — |  | — |  | 15,003 |  | 15,003 |
Consumer and other | — |  | — |  | — |  | — |  | — |
Total | $ | — |  | $ | — |  | $ | — |  | $ | 15,003 |  | $ | 15,003 |
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, 2025 and December 31, 2024. Also presented is the balance of loans on nonaccrual status at September 30, 2025 and December 31, 2024 for which there was no related allowance for credit losses recorded (in thousands):
| September 30, 2025 |  | December 31, 2024
| Total nonaccrual loans |  | Nonaccrual loans with no allowance for credit losses |  | Loans past due 90 or more days and still accruing |  | Total nonaccrual loans |  | Nonaccrual loans with no allowance for credit losses |  | Loans past due 90 or more days and still accruing
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |
Owner occupied | $ | 10,628 |  |  | $ | — |  |  | $ | — |  |  | $ | 13,747 |  |  | $ | 6,614 |  |  | $ | — |
Non-owner occupied | 67,415 |  |  | — |  |  | — |  |  | 44,263 |  |  | 4,152 |  |  | — |
Consumer real estate – mortgage | 27,344 |  |  | — |  |  | 147 |  |  | 38,222 |  |  | 1,376 |  |  | 23 |
Construction and land development | 2,180 |  |  | — |  |  | — |  |  | 2,387 |  |  | 319 |  |  | — |
Commercial and industrial | 41,454 |  |  | 6,973 |  |  | 1,972 |  |  | 48,575 |  |  | 19,715 |  |  | 2,873 |
Consumer and other | 662 |  |  | — |  |  | 513 |  |  | 631 |  |  | — |  |  | 619 |
Total | $ | 149,683 |  |  | $ | 6,973 |  |  | $ | 2,632 |  |  | $ | 147,825 |  |  | $ | 32,176 |  |  | $ | 3,515 |
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, 2025 with the comparative exposures for December 31, 2024 (in thousands):
| September 30, 2025 |  |
| Outstanding Principal Balances |  | Unfunded Commitments |  | Total exposure |  | Total Exposure at December 31, 2024
Lessors of nonresidential buildings | $ | 4,507,301 |  |  | $ | 1,316,573 |  |  | $ | 5,823,874 |  |  | $ | 5,439,776 |
Lessors of residential buildings | 2,223,485 |  |  | 478,166 |  |  | 2,701,651 |  |  | 2,871,227 |
New Housing For-Sale Builders | 563,445 |  |  | 956,631 |  |  | 1,520,076 |  |  | 1,394,494 |
Music Publishers | 906,364 |  |  | 504,102 |  |  | 1,410,466 |  |  | 1,114,105 |

X
- Definition Schedule of Collateral Dependent Loans Individually Evaluated for ACL + References No definition available. + Details
Name: | pnfp_ScheduleOfCollateralDependentLoansIndividuallyEvaluatedForACLTableTextBlock
Namespace Prefix: | pnfp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of commercial loan portfolio for determining the existence of credit risk to industries. + References No definition available. + Details
Name: | pnfp_ScheduleOfCommercialLoanPortfolioTableTextBlock
Namespace Prefix: | pnfp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-5 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-14 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 80 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479294/326-20-55-80 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable on nonaccrual status. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-16 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified for debtor experiencing financial difficulty. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481933/310-10-55-12A Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-34 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 33 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-33 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration