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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
YEARSUMMARY
COMPENSATION
TABLE TOTAL FOR
M. TERRY TURNER¹
($)
COMPENSATION
ACTUALLY PAID
TO M. TERRY
TURNER¹˒²˒³
($)
AVERAGE SUMMARY
COMPENSATION
TABLE TOTAL FOR
NON-PEO NEOs1
($)
AVERAGE
COMPENSATION
ACTUALLY PAID
TO NON-PEO
NEOs1,2,3
($)
VALUE OF INITIAL FIXED $100
INVESTMENT BASED ON:4
NET INCOME
($ THOUSANDS)
TBV
ACCRETION⁵
TSR
($)
PEER GROUP
TSR
($)
(a)(b)(c)(d)(e)(f)(g)(h)(i)
20246,188,319 15,460,083 2,590,457 5,701,565 189.15 130.90 475,056 9.5 %
20235,677,565 10,193,859 2,140,252 3,087,649 142.82 115.64 562,152 14.8 %
202210,891,661 1,868,022 6,436,622 1,432,359 118.53 116.10 560,742 5.1 %
20216,826,962 16,108,634 3,684,459 7,899,479 152.61 124.74 527,323 14.2 %
20204,386,838 (1,689,066)2,447,282 (534,859)102.06 91.29 312,321 14.8 %
       
Named Executive Officers, Footnote M. Terry Turner was our PEO for each year presented. The individuals comprising the Non-PEO named executive officers for each year presented are listed below.
2020 - 202220232024
Robert A. McCabeRobert A. McCabeRobert A. McCabe
Richard D. CallicuttRichard D. CallicuttRichard D. Callicutt
Hugh M. QueenerHugh M. QueenerHarold R. Carpenter
Harold R. CarpenterHarold R. CarpenterJ. Harvey White
J. Harvey WhiteCharissa D. Sumerlin
Timothy H. Huestis
       
Peer Group Issuers, Footnote The Peer Group TSR set forth in this table utilizes the KBW Regional Bank Index (“KRX”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2024. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the KRX, respectively and that all dividends were reinvested. Historical stock performance is not necessarily indicative of future stock performance.        
PEO Total Compensation Amount $ 6,188,319 $ 5,677,565 $ 10,891,661 $ 6,826,962 $ 4,386,838
PEO Actually Paid Compensation Amount $ 15,460,083 10,193,859 1,868,022 16,108,634 (1,689,066)
Adjustment To PEO Compensation, Footnote Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards columns set forth in the Summary Compensation Table. Amounts in the Exclusion of Change in Pension Value column reflect the amounts attributable to the Change in Pension Value reported in the Summary Compensation Table. There was no pension service cost for services rendered during 2024, as reflected in the tables below.
YEARSUMMARY
COMPENSATION
TABLE TOTAL FOR
M. TERRY TURNER
($)
EXCLUSION
OF CHANGE
IN PENSION
VALUE FOR
M. TERRY TURNER
($)
EXCLUSION
OF STOCK
AWARDS FOR
M. TERRY TURNER
($)
INCLUSION
OF PENSION
SERVICE COST FOR
M. TERRY TURNER
($)
INCLUSION
OF EQUITY
VALUES FOR
M. TERRY TURNER
($)
COMPENSATION
ACTUALLY PAID TO
M. TERRY TURNER
($)
20246,188,319 — (3,526,372)— 12,798,136 15,460,083 
YEARAVERAGE
SUMMARY
COMPENSATION
TABLE TOTAL FOR
NON-PEO NEOs
($)
AVERAGE
EXCLUSION OF
CHANGE IN PENSION
VALUE FOR NON-
PEO NEOs
($)
AVERAGE
EXCLUSION OF
STOCK AWARDS FOR
NON-PEO NEOs
($)
AVERAGE
INCLUSION OF
PENSION
SERVICE COST FOR
NON-PEO NEOs
($)
AVERAGE
INCLUSION OF
EQUITY VALUES FOR
NON-PEO NEOS
($)
AVERAGE
COMPENSATION
ACTUALLY PAID TO
NON-PEO NEOS
($)
20242,590,457 — (1,293,397)— 4,404,505 5,701,565 
The amounts in the Inclusion of Equity Values in the tables above for 2024 are derived from the amounts set forth in the following tables:
YEARYEAR-END FAIR VALUE OF
EQUITY AWARDS GRANTED
DURING YEAR THAT
REMAINED UNVESTED AS OF
LAST DAY OF YEAR FOR
M. TERRY TURNER
($)
CHANGE IN FAIR VALUE FROM
LAST DAY OF PRIOR YEAR TO
LAST DAY OF YEAR OF
UNVESTED EQUITY AWARDS
FOR M. TERRY TURNER
($)
CHANGE IN FAIR VALUE FROM
LAST DAY OF PRIOR YEAR TO
VESTING DATE OF UNVESTED
EQUITY AWARDS THAT VESTED
DURING YEAR FOR
M. TERRY TURNER
($)
TOTAL - INCLUSION OF EQUITY
VALUES FOR M. TERRY TURNER
($)
20247,166,511 6,190,907 (559,282)12,798,136 
YEARAVERAGE YEAR-END
FAIR VALUE OF
EQUITY AWARDS
GRANTED DURING
YEAR THAT
REMAINED
UNVESTED AS OF
LAST DAY OF YEAR
FOR NON-PEO NEOs
($)
AVERAGE CHANGE
IN FAIR VALUE
FROM LAST DAY OF
PRIOR YEAR TO LAST
DAY OF YEAR OF
UNVESTED EQUITY
AWARDS FOR NON-
PEO NEOs
($)
AVERAGE VESTING-
DATE FAIR VALUE
OF EQUITY AWARDS
GRANTED DURING
YEAR THAT VESTED
DURING YEAR FOR
NON-PEO NEOs
AVERAGE CHANGE IN
FAIR VALUE FROM LAST
DAY OF PRIOR YEAR TO
VESTING DATE OF
UNVESTED EQUITY
AWARDS THAT VESTED
DURING YEAR FOR
NON-PEO NEOs
($)
AVERAGE FAIR
VALUE AT LAST DAY
OF PRIOR YEAR OF
EQUITY AWARDS
FORFEITED DURING
YEAR FOR
NON- PEO NEOs
TOTAL -
AVERAGE
INCLUSION OF
EQUITY VALUES FOR
NON-PEO NEOs
($)
20242,628,519 1,960,245 — (184,260)— 4,404,505 
       
Non-PEO NEO Average Total Compensation Amount $ 2,590,457 2,140,252 6,436,622 3,684,459 2,447,282
Non-PEO NEO Average Compensation Actually Paid Amount $ 5,701,565 3,087,649 1,432,359 7,899,479 (534,859)
Adjustment to Non-PEO NEO Compensation Footnote Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards columns set forth in the Summary Compensation Table. Amounts in the Exclusion of Change in Pension Value column reflect the amounts attributable to the Change in Pension Value reported in the Summary Compensation Table. There was no pension service cost for services rendered during 2024, as reflected in the tables below.
YEARSUMMARY
COMPENSATION
TABLE TOTAL FOR
M. TERRY TURNER
($)
EXCLUSION
OF CHANGE
IN PENSION
VALUE FOR
M. TERRY TURNER
($)
EXCLUSION
OF STOCK
AWARDS FOR
M. TERRY TURNER
($)
INCLUSION
OF PENSION
SERVICE COST FOR
M. TERRY TURNER
($)
INCLUSION
OF EQUITY
VALUES FOR
M. TERRY TURNER
($)
COMPENSATION
ACTUALLY PAID TO
M. TERRY TURNER
($)
20246,188,319 — (3,526,372)— 12,798,136 15,460,083 
YEARAVERAGE
SUMMARY
COMPENSATION
TABLE TOTAL FOR
NON-PEO NEOs
($)
AVERAGE
EXCLUSION OF
CHANGE IN PENSION
VALUE FOR NON-
PEO NEOs
($)
AVERAGE
EXCLUSION OF
STOCK AWARDS FOR
NON-PEO NEOs
($)
AVERAGE
INCLUSION OF
PENSION
SERVICE COST FOR
NON-PEO NEOs
($)
AVERAGE
INCLUSION OF
EQUITY VALUES FOR
NON-PEO NEOS
($)
AVERAGE
COMPENSATION
ACTUALLY PAID TO
NON-PEO NEOS
($)
20242,590,457 — (1,293,397)— 4,404,505 5,701,565 
The amounts in the Inclusion of Equity Values in the tables above for 2024 are derived from the amounts set forth in the following tables:
YEARYEAR-END FAIR VALUE OF
EQUITY AWARDS GRANTED
DURING YEAR THAT
REMAINED UNVESTED AS OF
LAST DAY OF YEAR FOR
M. TERRY TURNER
($)
CHANGE IN FAIR VALUE FROM
LAST DAY OF PRIOR YEAR TO
LAST DAY OF YEAR OF
UNVESTED EQUITY AWARDS
FOR M. TERRY TURNER
($)
CHANGE IN FAIR VALUE FROM
LAST DAY OF PRIOR YEAR TO
VESTING DATE OF UNVESTED
EQUITY AWARDS THAT VESTED
DURING YEAR FOR
M. TERRY TURNER
($)
TOTAL - INCLUSION OF EQUITY
VALUES FOR M. TERRY TURNER
($)
20247,166,511 6,190,907 (559,282)12,798,136 
YEARAVERAGE YEAR-END
FAIR VALUE OF
EQUITY AWARDS
GRANTED DURING
YEAR THAT
REMAINED
UNVESTED AS OF
LAST DAY OF YEAR
FOR NON-PEO NEOs
($)
AVERAGE CHANGE
IN FAIR VALUE
FROM LAST DAY OF
PRIOR YEAR TO LAST
DAY OF YEAR OF
UNVESTED EQUITY
AWARDS FOR NON-
PEO NEOs
($)
AVERAGE VESTING-
DATE FAIR VALUE
OF EQUITY AWARDS
GRANTED DURING
YEAR THAT VESTED
DURING YEAR FOR
NON-PEO NEOs
AVERAGE CHANGE IN
FAIR VALUE FROM LAST
DAY OF PRIOR YEAR TO
VESTING DATE OF
UNVESTED EQUITY
AWARDS THAT VESTED
DURING YEAR FOR
NON-PEO NEOs
($)
AVERAGE FAIR
VALUE AT LAST DAY
OF PRIOR YEAR OF
EQUITY AWARDS
FORFEITED DURING
YEAR FOR
NON- PEO NEOs
TOTAL -
AVERAGE
INCLUSION OF
EQUITY VALUES FOR
NON-PEO NEOs
($)
20242,628,519 1,960,245 — (184,260)— 4,404,505 
       
Compensation Actually Paid vs. Total Shareholder Return
Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Total Shareholder Return ("TSR")
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and the cumulative TSR over the five most recently completed fiscal years for the Company and the Peer Group.
PEO AND AVERAGE NON-PEO NEO COMPENSATION ACTUALLY PAID VERSUS TSR
03_PRO013583_comboCAP vs TSR.jpg
       
Compensation Actually Paid vs. Net Income
Relationship Between Compensation Actually Paid and Net Income
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our net income during each of the five most recently completed fiscal years.
PEO AND AVERAGE NON-PEO NEO COMPENSATION ACTUALLY PAID VERSUS NET INCOME
03_PRO013583_comboCAP vs Net Income.jpg
       
Compensation Actually Paid vs. Company Selected Measure
Description of Relationship Between Compensation Actually Paid and TBV Accretion
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our TBV Accretion during each of the five most recently completed fiscal years.
PEO AND AVERAGE NON-PEO NEO COMPENSATION ACTUALLY PAID VERSUS TBV ACCRETION
03_PRO013583_combo_PVP_CAP vs TBV.jpg
       
Tabular List, Table
TBV Accretion
Earnings Per Share
Total Revenue
Return On Average Tangible Common Equity
Classified Asset Ratio
Non-Performing Asset Ratio
       
Total Shareholder Return Amount $ 189.15 142.82 118.53 152.61 102.06
Peer Group Total Shareholder Return Amount 130.90 115.64 116.10 124.74 91.29
Net Income (Loss) $ 475,056 $ 562,152 $ 560,742 $ 527,323 $ 312,321
Company Selected Measure Amount 0.095 0.148 0.051 0.142 0.148
PEO Name M. Terry Turner        
Additional 402(v) Disclosure The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.        
Measure:: 1          
Pay vs Performance Disclosure          
Name TBV Accretion        
Non-GAAP Measure Description We determined tangible-book value per share accretion (“TBV Accretion”) to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2024. For years 2020 through 2023, the amount shown for TBV accretion also included the impact of dividends paid on the Company's Common Stock. More information on TBV Accretion and the decision to exclude dividends from the calculation of the Company’s and peer group companies’ TBV Accretion beginning in 2024 can be found in the Compensation Discussion and Analysis.        
Measure:: 2          
Pay vs Performance Disclosure          
Name Earnings Per Share        
Measure:: 3          
Pay vs Performance Disclosure          
Name Total Revenue        
Measure:: 4          
Pay vs Performance Disclosure          
Name Return On Average Tangible Common Equity        
Measure:: 5          
Pay vs Performance Disclosure          
Name Classified Asset Ratio        
Measure:: 6          
Pay vs Performance Disclosure          
Name Non-Performing Asset Ratio        
PEO | Adjustment, Exclusion Of Change In Pension Value [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0        
PEO | Adjustment, Exclusion Of Stock Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,526,372)        
PEO | Adjustment, Inclusion Of Pension Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Adjustment, Equity Award Adjustment [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 12,798,136        
PEO | Equity Awards Granted During The Year, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 7,166,511        
PEO | Equity Awards Granted In Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,190,907        
PEO | Equity Awards Granted In Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (559,282)        
Non-PEO NEO | Adjustment, Exclusion Of Change In Pension Value [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Adjustment, Exclusion Of Stock Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,293,397)        
Non-PEO NEO | Adjustment, Inclusion Of Pension Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Adjustment, Equity Award Adjustment [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,404,505        
Non-PEO NEO | Equity Awards Granted During The Year, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,628,519        
Non-PEO NEO | Equity Awards Granted In Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,960,245        
Non-PEO NEO | Equity Awards Granted In Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (184,260)        
Non-PEO NEO | Equity Awards Granted During The Year, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Equity Awards that Failed to Meet Vesting Conditions [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0