Pinnacle Bank Mortgage Rates, Fees & Info

Nashville, TN

LEI: 549300CDOC4F7XSRG390

Tax ID: 62-1829917

5 stars - out of 5 stars, based on 104 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Pinnacle Bank is a mid-sized bank specializing in Home Purchase and Refi loans. Pinnacle Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Nashville, Charlotte, Memphis, Knoxville, and Chattanooga among others. Pinnacle Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Pinnacle Bank is typically an average fee lendor.


Originations

10,884

Origination Dollar Volume (All Markets)

$4,518,240,000

Employee count

2,841 Show all (10) awards

Relative Rate

Pinnacle Bank's average 30 year fixed rate mortgage of loans were 3.11%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.04%.

Relative Fees

Pinnacle Bank's average total fees for a 30 year fixed rate mortgage are $4,089.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 3,611 $1,351,075,000 $374,155 $4,039 3.20%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 785 $353,665,000 $450,529 $4,034 3.33%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1,188 $334,150,000 $281,271 $3,989 3.19%
KNOXVILLE, TN (FHA|USDA|VA) 887 $322,085,000 $363,117 $3,865 3.20%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 525 $240,475,000 $458,048 $4,145 3.27%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 372 $183,060,000 $492,097 $3,391 3.18%
RALEIGH-CARY, NC (FHA|USDA|VA) 200 $133,290,000 $666,450 $2,917 3.17%
WINSTON-SALEM, NC (FHA|USDA|VA) 444 $105,540,000 $237,703 $3,058 3.29%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 458 $93,550,000 $204,258 $3,035 3.36%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 249 $89,125,000 $357,932 $3,015 3.35%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 273 $84,505,000 $309,542 $4,318 3.62%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 104 $70,540,000 $678,269 $3,772 3.26%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 14 $65,410,000 $4,672,143 $5,842 3.31%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 19 $63,395,000 $3,336,579 $0 3.47%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 15 $58,605,000 $3,907,000 $4,671 3.06%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 47 $55,245,000 $1,175,426 $7,879 3.18%
Outside of Metro Areas 167 $55,155,000 $330,269 $3,701 3.15%
ROANOKE, VA (FHA|USDA|VA) 189 $46,225,000 $244,577 $3,405 3.13%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 128 $38,130,000 $297,891 $2,924 3.15%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 15 $31,375,000 $2,091,667 $8,922 3.36%
Crossville, TN (FHA|USDA|VA) 6 $29,300,000 $4,883,333 $2,508 3.17%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 12 $28,890,000 $2,407,500 $2,817 3.39%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 6 $26,280,000 $4,380,000 $3,529 3.26%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 10 $25,670,000 $2,567,000 $4,041 3.29%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 32 $25,420,000 $794,375 $3,057 2.96%
ASHEVILLE, NC (FHA|USDA|VA) 39 $22,065,000 $565,769 $4,968 3.32%
LYNCHBURG, VA (FHA|USDA|VA) 29 $21,115,000 $728,103 $3,464 3.30%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $18,740,000 $9,370,000 $2,129 3.75%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 55 $18,735,000 $340,636 $4,009 3.37%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 7 $17,935,000 $2,562,143 $6,549 3.23%
HUNTSVILLE, AL (FHA|USDA|VA) 43 $17,575,000 $408,721 $3,451 3.09%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 8 $16,970,000 $2,121,250 $7,809 3.00%
COLUMBUS, OH (FHA|USDA|VA) 6 $15,400,000 $2,566,667 $3,378 3.49%
CLEVELAND, TN (FHA|USDA|VA) 47 $14,025,000 $298,404 $3,596 3.14%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 17 $13,455,000 $791,471 $7,568 3.09%
Sevierville, TN (FHA|USDA|VA) 32 $13,110,000 $409,688 $4,344 3.55%
Tullahoma-Manchester, TN (FHA|USDA|VA) 45 $12,605,000 $280,111 $3,649 3.20%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $12,160,000 $3,040,000 $0 3.29%
BURLINGTON, NC (FHA|USDA|VA) 34 $12,120,000 $356,471 $3,032 3.49%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $11,925,000 $1,703,571 $3,196 3.38%
Albemarle, NC (FHA|USDA|VA) 71 $11,805,000 $166,268 $3,328 3.25%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 28 $10,490,000 $374,643 $4,057 3.12%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $9,195,000 $3,065,000 $0 3.53%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 7 $9,135,000 $1,305,000 $18,178 3.11%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 7 $8,705,000 $1,243,571 $3,985 3.01%
WILMINGTON, NC (FHA|USDA|VA) 24 $8,680,000 $361,667 $3,982 3.22%
Shelbyville, TN (FHA|USDA|VA) 41 $8,065,000 $196,707 $3,288 3.33%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 3 $7,845,000 $2,615,000 $2,175 3.80%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 6 $7,360,000 $1,226,667 $5,484 3.26%
Cullowhee, NC (FHA|USDA|VA) 10 $7,320,000 $732,000 $5,082 3.24%
SPARTANBURG, SC (FHA|USDA|VA) 31 $7,155,000 $230,806 $2,920 3.47%
PANAMA CITY, FL (FHA|USDA|VA) 16 $7,010,000 $438,125 $4,779 3.23%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 12 $6,580,000 $548,333 $4,654 3.18%
RICHMOND, VA (FHA|USDA|VA) 7 $6,405,000 $915,000 $6,530 3.28%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $6,170,000 $3,085,000 $3,249 3.13%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 5 $6,165,000 $1,233,000 $5,644 3.13%
BRUNSWICK, GA (FHA|USDA|VA) 3 $6,085,000 $2,028,333 $10,371 3.38%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 10 $5,900,000 $590,000 $5,720 3.08%
Boone, NC (FHA|USDA|VA) 12 $5,870,000 $489,167 $4,964 3.12%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $5,760,000 $2,880,000 $4,152 3.16%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $5,580,000 $1,395,000 $2,986 3.37%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 15 $5,335,000 $355,667 $3,296 3.15%
JACKSONVILLE, FL (FHA|USDA|VA) 5 $5,175,000 $1,035,000 $7,155 3.32%
OKLAHOMA CITY, OK (FHA|USDA|VA) 4 $5,140,000 $1,285,000 $1,625 3.33%
FAYETTEVILLE, NC (FHA|USDA|VA) 15 $5,105,000 $340,333 $5,537 3.69%
Cookeville, TN (FHA|USDA|VA) 16 $4,990,000 $311,875 $3,790 3.21%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $4,905,000 $4,905,000 $0 3.12%
TOLEDO, OH (FHA|USDA|VA) 2 $4,720,000 $2,360,000 $0 3.80%
COLUMBIA, SC (FHA|USDA|VA) 18 $4,680,000 $260,000 $3,287 3.32%
MORRISTOWN, TN (FHA|USDA|VA) 17 $4,625,000 $272,059 $4,235 3.25%
Lewisburg, TN (FHA|USDA|VA) 20 $4,330,000 $216,500 $3,438 3.01%
JOHNSON CITY, TN (FHA|USDA|VA) 8 $4,300,000 $537,500 $6,029 3.16%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 5 $4,165,000 $833,000 $4,123 3.58%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $4,005,000 $1,335,000 $4,005 3.36%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 8 $3,740,000 $467,500 $4,778 3.38%
Mount Airy, NC (FHA|USDA|VA) 2 $3,420,000 $1,710,000 $0 3.33%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 6 $3,210,000 $535,000 $2,719 2.98%
PORT ST. LUCIE, FL (FHA|USDA|VA) 4 $3,070,000 $767,500 $4,562 3.16%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 10 $3,050,000 $305,000 $2,842 3.65%
Heber, UT (FHA|USDA|VA) 2 $3,010,000 $1,505,000 $4,588 3.19%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $2,970,000 $1,485,000 $10,588 3.35%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 9 $2,935,000 $326,111 $3,392 3.22%
Morehead City, NC (FHA|USDA|VA) 12 $2,930,000 $244,167 $3,309 2.97%
TUCSON, AZ (FHA|USDA|VA) 2 $2,910,000 $1,455,000 $4,499 3.34%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $2,860,000 $1,430,000 $0 3.77%
Key West, FL (FHA|USDA|VA) 2 $2,810,000 $1,405,000 $7,082 2.81%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 9 $2,755,000 $306,111 $2,836 3.07%
ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $2,750,000 $687,500 $3,054 3.06%
Muskogee, OK (FHA|USDA|VA) 1 $2,735,000 $2,735,000 $0 3.28%
Georgetown, SC (FHA|USDA|VA) 8 $2,730,000 $341,250 $3,618 3.56%
Meridian, MS (FHA|USDA|VA) 1 $2,665,000 $2,665,000 $0 3.98%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $2,585,000 $861,667 $8,702 2.96%
FRESNO, CA (FHA|USDA|VA) 1 $2,505,000 $2,505,000 $0 3.11%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $2,405,000 $2,405,000 $0 3.73%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 5 $2,385,000 $477,000 $2,817 3.19%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $2,350,000 $587,500 $3,801 2.78%
Seneca, SC (FHA|USDA|VA) 5 $2,285,000 $457,000 $2,654 2.83%
Scottsboro, AL (FHA|USDA|VA) 4 $2,200,000 $550,000 $4,990 3.29%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $2,155,000 $2,155,000 $0 3.61%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $2,095,000 $2,095,000 $0 3.88%
Ada, OK (FHA|USDA|VA) 1 $1,955,000 $1,955,000 $0 3.68%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $1,935,000 $387,000 $4,040 2.90%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $1,915,000 $1,915,000 $0 3.43%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $1,905,000 $635,000 $5,532 3.42%
Dayton, TN (FHA|USDA|VA) 3 $1,795,000 $598,333 $2,851 3.08%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $1,765,000 $1,765,000 $0 3.49%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $1,760,000 $880,000 $2,810 2.94%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $1,695,000 $1,695,000 $0 3.38%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 5 $1,555,000 $311,000 $3,670 3.47%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $1,550,000 $775,000 $2,001 3.19%
Oxford, MS (FHA|USDA|VA) 4 $1,550,000 $387,500 $3,101 3.28%
SAVANNAH, GA (FHA|USDA|VA) 5 $1,545,000 $309,000 $3,607 3.40%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $1,525,000 $1,525,000 $0 3.68%
TULSA, OK (FHA|USDA|VA) 1 $1,515,000 $1,515,000 $0 3.62%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $0 3.37%
BOWLING GREEN, KY (FHA|USDA|VA) 3 $1,455,000 $485,000 $3,316 3.21%
Cullman, AL (FHA|USDA|VA) 2 $1,360,000 $680,000 $3,635 3.00%
Laconia, NH (FHA|USDA|VA) 2 $1,360,000 $680,000 $3,268 3.31%
North Wilkesboro, NC (FHA|USDA|VA) 3 $1,335,000 $445,000 $3,540 3.08%
DALTON, GA (FHA|USDA|VA) 4 $1,310,000 $327,500 $6,489 3.72%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $1,305,000 $1,305,000 $0 3.53%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 5 $1,295,000 $259,000 $3,219 3.13%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $1,250,000 $625,000 $3,088 3.00%
Klamath Falls, OR (FHA|USDA|VA) 1 $1,225,000 $1,225,000 $0 3.94%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $0 3.39%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 11 $1,165,000 $105,909 $3,651 3.94%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 3 $1,115,000 $371,667 $2,672 2.84%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $1,105,000 $1,105,000 $0 3.70%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $1,090,000 $545,000 $4,564 2.69%
Athens, TN (FHA|USDA|VA) 4 $1,080,000 $270,000 $3,447 2.63%
JACKSONVILLE, NC (FHA|USDA|VA) 3 $1,055,000 $351,667 $3,152 3.13%
Norwalk, OH (FHA|USDA|VA) 1 $1,035,000 $1,035,000 $0 3.66%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 3 $1,015,000 $338,333 $4,390 3.13%
Bozeman, MT (FHA|USDA|VA) 2 $1,010,000 $505,000 $6,296 3.44%
Tupelo, MS (FHA|USDA|VA) 2 $990,000 $495,000 $3,677 3.31%
Greeneville, TN (FHA|USDA|VA) 2 $940,000 $470,000 $8,383 2.69%
Forest City, NC (FHA|USDA|VA) 2 $910,000 $455,000 $2,314 2.88%
Orangeburg, SC (FHA|USDA|VA) 3 $895,000 $298,333 $4,230 4.00%
MISSOULA, MT (FHA|USDA|VA) 3 $855,000 $285,000 $3,603 3.21%
Brevard, NC (FHA|USDA|VA) 4 $830,000 $207,500 $3,108 3.31%
Breckenridge, CO (FHA|USDA|VA) 1 $825,000 $825,000 $14,138 2.00%
Kill Devil Hills, NC (FHA|USDA|VA) 3 $805,000 $268,333 $3,051 2.96%
JACKSON, TN (FHA|USDA|VA) 7 $775,000 $110,714 $2,752 3.18%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $725,000 $725,000 $4,390 3.38%
McMinnville, TN (FHA|USDA|VA) 3 $725,000 $241,667 $4,274 3.00%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $720,000 $360,000 $2,843 3.13%
GAINESVILLE, GA (FHA|USDA|VA) 4 $720,000 $180,000 $3,451 3.44%
MOBILE, AL (FHA|USDA|VA) 1 $695,000 $695,000 $2,200 3.25%
Newberry, SC (FHA|USDA|VA) 1 $655,000 $655,000 $3,585 3.38%
SUMTER, SC (FHA|USDA|VA) 1 $625,000 $625,000 $2,692 3.38%
GREENVILLE, NC (FHA|USDA|VA) 4 $620,000 $155,000 $2,611 3.16%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $605,000 $605,000 $2,805 3.13%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $605,000 $605,000 $4,258 3.13%
OCALA, FL (FHA|USDA|VA) 1 $595,000 $595,000 $0 4.19%
NEW BERN, NC (FHA|USDA|VA) 2 $570,000 $285,000 $2,320 3.06%
DECATUR, AL (FHA|USDA|VA) 3 $565,000 $188,333 $4,788 3.25%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $515,000 $515,000 $3,582 2.88%
ABILENE, TX (FHA|USDA|VA) 1 $505,000 $505,000 $5,090 3.38%
PITTSBURGH, PA (FHA|USDA|VA) 1 $485,000 $485,000 $5,937 3.38%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $475,000 $475,000 $8,972 3.88%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $455,000 $455,000 $5,076 3.13%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $445,000 $445,000 $2,151 3.25%
THE VILLAGES, FL (FHA|USDA|VA) 2 $440,000 $220,000 $3,287 3.19%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $435,000 $435,000 $13,405 3.25%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $415,000 $138,333 $3,047 2.71%
Moultrie, GA (FHA|USDA|VA) 1 $415,000 $415,000 $3,400 3.38%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $405,000 $405,000 $2,395 2.50%
Corinth, MS (FHA|USDA|VA) 1 $375,000 $375,000 $4,715 3.38%
LAS CRUCES, NM (FHA|USDA|VA) 1 $375,000 $375,000 $6,222 3.50%
Concord, NH (FHA|USDA|VA) 1 $375,000 $375,000 $3,303 2.75%
JACKSON, MS (FHA|USDA|VA) 2 $370,000 $185,000 $2,550 2.69%
Union City, TN (FHA|USDA|VA) 2 $370,000 $185,000 $2,726 2.63%
Fort Payne, AL (FHA|USDA|VA) 2 $360,000 $180,000 $3,849 3.19%
Gillette, WY (FHA|USDA|VA) 1 $345,000 $345,000 $2,372 3.13%
LANCASTER, PA (FHA|USDA|VA) 1 $345,000 $345,000 $4,831 2.25%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $345,000 $345,000 $2,928 3.50%
Murray, KY (FHA|USDA|VA) 1 $335,000 $335,000 $8,034 3.00%
FORT COLLINS, CO (FHA|USDA|VA) 1 $335,000 $335,000 $2,120 2.88%
AKRON, OH (FHA|USDA|VA) 1 $325,000 $325,000 $3,452 3.50%
Dyersburg, TN (FHA|USDA|VA) 1 $325,000 $325,000 $2,761 2.88%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $305,000 $305,000 $2,945 3.25%
Paris, TN (FHA|USDA|VA) 1 $295,000 $295,000 $3,717 3.38%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $265,000 $265,000 $3,123 2.25%
FORT WAYNE, IN (FHA|USDA|VA) 1 $255,000 $255,000 $2,259 2.50%
Big Stone Gap, VA (FHA|USDA|VA) 1 $255,000 $255,000 $3,090 3.13%
Washington, NC (FHA|USDA|VA) 1 $255,000 $255,000 $0 3.25%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $235,000 $235,000 $1,973 3.00%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $235,000 $235,000 $3,640 2.25%
Gaffney, SC (FHA|USDA|VA) 2 $230,000 $115,000 $3,448 3.44%
STAUNTON, VA (FHA|USDA|VA) 1 $225,000 $225,000 $6,814 2.88%
Cedar City, UT (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.00%
Talladega-Sylacauga, AL (FHA|USDA|VA) 2 $210,000 $105,000 $3,237 3.56%
MADISON, WI (FHA|USDA|VA) 1 $205,000 $205,000 $1,670 3.00%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.50%
Batesville, AR (FHA|USDA|VA) 1 $185,000 $185,000 $2,138 3.13%
Greenwood, SC (FHA|USDA|VA) 1 $185,000 $185,000 $0 5.00%
JONESBORO, AR (FHA|USDA|VA) 1 $185,000 $185,000 $2,672 2.13%
Martinsville, VA (FHA|USDA|VA) 2 $180,000 $90,000 $3,394 3.13%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $175,000 $175,000 $3,308 2.88%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $175,000 $175,000 $2,375 3.38%
Albertville, AL (FHA|USDA|VA) 2 $170,000 $85,000 $3,518 3.69%
LUBBOCK, TX (FHA|USDA|VA) 1 $145,000 $145,000 $2,781 3.13%
ALBANY, GA (FHA|USDA|VA) 1 $145,000 $145,000 $2,850 3.25%
FLORENCE, SC (FHA|USDA|VA) 2 $130,000 $65,000 $0 3.75%
Wilson, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 3.25%
Kinston, NC (FHA|USDA|VA) 1 $105,000 $105,000 $2,295 2.88%
Brownsville, TN (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.50%
Henderson, NC (FHA|USDA|VA) 1 $95,000 $95,000 $2,649 2.88%
Rockingham, NC (FHA|USDA|VA) 2 $80,000 $40,000 $0 3.63%
Lawrenceburg, TN (FHA|USDA|VA) 1 $75,000 $75,000 $2,090 2.75%
Muscatine, IA (FHA|USDA|VA) 1 $65,000 $65,000 $1,582 3.38%
Jasper, AL (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.00%
Milledgeville, GA (FHA|USDA|VA) 1 $45,000 $45,000 $0 3.25%

Pinnacle Bank's top markets include Nashville, Charlotte, Memphis, Knoxville, and Chattanooga among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 10,638 $4,441,950,000 $417,555 $3,761 3.25%
VA 159 $56,675,000 $356,447 $7,526 2.49%
FHA 60 $13,780,000 $229,667 $7,172 2.99%
USDA 27 $5,835,000 $216,111 $5,390 2.97%

For the 2021 period, Pinnacle Bank's most frequently originated loan type of loans were Conventional, with 10,638 originations. Their 2nd most popular type is VA, with 159 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 3,854 $2,269,890,000 $588,970 $4,298 3.27%
Refi 3,015 $1,412,185,000 $468,386 $3,527 2.99%
Other 1,451 $313,615,000 $216,137 $4,106 3.53%
Home Improvement 1,331 $189,035,000 $142,025 $3,426 3.61%
Cash Out Refi 1,233 $333,515,000 $270,491 $3,527 3.00%

For the 2021, Pinnacle Bank's most frequently cited loan purpose of loans were Home Purchase, with 3,854 originations. The 2nd most popular reason of loans were Refi, with 3,015 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 5,571 $2,296,825,000 $412,282 $4,089 3.11%
20 Year 3,464 $739,490,000 $213,479 $3,408 3.60%
15 Year 1,135 $278,775,000 $245,617 $3,020 2.54%
5 Year 270 $524,770,000 $1,943,593 $0 3.88%
10 Year 164 $162,480,000 $990,732 $2,914 2.79%
Other 125 $416,415,000 $3,331,320 $2,998 3.41%
3 Year 84 $76,520,000 $910,952 $0 3.76%
1 Year 71 $22,965,000 $323,451 $0 4.22%

For the 2021, Pinnacle Bank's most frequently cited loan length of loans were 30 Year, with 5,571 originations. The 2nd most popular length of loans were 20 Year, with 3,464 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 4,436 $1,891,570,000 $426,413
$1k-2k 1,593 $373,585,000 $234,517
$2k-3k 478 $147,020,000 $307,573
$3k-4k 264 $97,790,000 $370,417
$5k+ 159 $127,595,000 $802,484

$4,089 of loans were Pinnacle Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 4,436 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 6,018 $2,649,890,000 $440,327
2.5-3% 3,100 $1,401,820,000 $452,200
<2.5% 1,098 $345,890,000 $315,018
4-5% 651 $118,635,000 $182,235
5-6% 15 $1,695,000 $113,000
6-7% 2 $310,000 $155,000

During 2021, Pinnacle Bank's average interest rate of loans were 3.11%, while their most frequently originated rate bucket of loans were 3-4%, with 6,018 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 3,737 $1,052,555,000 $281,658 $3,694 3.11%
$100k-200k 2,745 $396,315,000 $144,377 $2,929 3.25%
$100,000 or less 1,828 $113,950,000 $62,336 $2,548 3.60%
$400k-600k 1,348 $655,890,000 $486,565 $4,335 3.07%
$1MM+ 622 $1,839,020,000 $2,956,624 $7,108 3.29%
$600k-1MM 604 $460,510,000 $762,434 $5,729 3.22%

2021 saw Pinnacle Bank place emphasis on $200k-400k loans with 3,737 originations, totaling $1,052,555,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 2,173 $1,348,595,000 $620,614 $5,191 3.29%
$150k-250k 1,907 $581,305,000 $304,827 $3,964 3.28%
$100k-150k 1,819 $451,565,000 $248,249 $3,682 3.22%
$50k-75k 1,487 $291,795,000 $196,231 $3,534 3.12%
$50k or less 1,220 $195,890,000 $160,566 $3,346 3.14%
$75k-100k 1,218 $269,730,000 $221,453 $3,464 3.17%

Pinnacle Bank lent most frequently to those with incomes in the $250k+ range, with 2,173 originations. The second most popular income band? $150k-250k, with 1,907 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 2,679 $820,525,000 $306,280 $3,678 3.16%
<20% 1,821 $581,135,000 $319,130 $3,763 3.13%
30-36% 1,790 $579,780,000 $323,899 $3,851 3.22%
44% 570 $183,220,000 $321,439 $4,522 3.39%
42% 382 $128,060,000 $335,236 $4,233 3.27%
43% 359 $115,735,000 $322,382 $4,189 3.31%
40% 343 $117,545,000 $342,697 $4,220 3.21%
41% 340 $107,220,000 $315,353 $4,215 3.28%
39% 332 $114,110,000 $343,705 $3,967 3.21%
36% 317 $107,995,000 $340,678 $4,015 3.29%
37% 308 $97,690,000 $317,175 $3,813 3.27%
38% 303 $95,075,000 $313,779 $4,221 3.24%
45% 184 $51,560,000 $280,217 $3,653 3.10%
49% 108 $31,230,000 $289,167 $3,756 2.96%
48% 100 $29,070,000 $290,700 $3,830 2.99%
47% 95 $25,885,000 $272,474 $3,674 2.95%
46% 89 $24,955,000 $280,393 $3,467 2.94%
50-60% 12 $2,320,000 $193,333 $3,243 3.21%
>60% 6 $1,300,000 $216,667 $3,882 3.58%

Pinnacle Bank lent most frequently to those with DTI ratios of 20-30%, with 2,679 originations. The next most common DTI ratio? <20%, with 1,821 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 7,740 $2,544,050,000 $328,689 $3,833 3.15%
Not applicable 560 $1,263,000,000 $2,255,357 $0 3.81%
Not provided 1,649 $447,365,000 $271,295 $3,974 3.44%
Black 649 $165,615,000 $255,185 $4,080 3.37%
Asian 184 $66,080,000 $359,130 $4,612 3.02%
American Indian 41 $13,705,000 $334,268 $4,241 3.13%
Asian Indian 34 $11,800,000 $347,059 $3,670 3.15%
Other Asian 8 $2,920,000 $365,000 $3,439 3.11%
Native Hawaiian 10 $1,810,000 $181,000 $5,423 3.71%
Filipino 4 $990,000 $247,500 $2,665 3.28%
Other Pacific Islander 2 $420,000 $210,000 $4,360 3.56%
Guamanian 1 $275,000 $275,000 $3,104 2.88%
Chinese 1 $155,000 $155,000 $0 4.00%
Korean 1 $55,000 $55,000 $0 4.75%

Approval Rates

Total approvals of all applications
92.16%

Pinnacle Bank has an average approval rate.

Pick Rate

Approvals leading to origination
81.85%

Pinnacle Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 10,884 $4,518,240,000 $415,127

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
10,884 $4,518,240,000 $415,127

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,661 $354,075,000 $213,170 $3,171 3.35%
40-60% 1,791 $1,159,275,000 $647,278 $3,278 3.00%
60-80% 3,236 $1,668,630,000 $515,646 $3,730 3.18%
80-100% 2,618 $1,138,930,000 $435,038 $4,469 3.21%
Over 100% 24 $10,030,000 $417,917 $16,127 2.70%
Under 20% 1,554 $187,300,000 $120,528 $2,390 3.59%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
Pinnacle Lending Group, Inc. Conventional home mortgage Closing on a mortgage 1 100.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Pinnacle Bank 128 Franklin Road Brentwood, TN 37027 Full Service B&M $469,092
Pinnacle Bank 102 South Street Locust, NC 28097 Full Service B&M $84,277
Pinnacle Bank 1028 Eastchester Dr High Point, NC 27262 Full Service B&M $42,772
Pinnacle Bank 103 North Second Street Albemarle, NC 28001 Full Service B&M $160,479
Pinnacle Bank 108 Gateway Boulevard, Suite 101 Mooresville, NC 28117 Full Service B&M $222,431
Pinnacle Bank 111 Tenth Avenue South Nashville, TN 37203 Full Service B&M $53,458
Pinnacle Bank 1111 Northshore Dr. Ste S130 Knoxville, TN 37919 Full Service B&M $1,680,245
Pinnacle Bank 113 Trindale Road Archdale, NC 27263 Full Service B&M $89,792
Pinnacle Bank 114 West College Street Murfreesboro, TN 37130 Full Service B&M $0
Pinnacle Bank 115 E Center St Lexington, NC 27292 Full Service B&M $68,948
Pinnacle Bank 1203 Martin Luther King, Jr. Blvd Chapel Hill, NC 27514 Full Service B&M $79,533
Pinnacle Bank 123 Cason Lane Murfreesboro, TN 37128 Full Service B&M $110,776
Pinnacle Bank 1264 Germantown Road Germantown, TN 38138 Full Service B&M $57,594
Pinnacle Bank 1999 Hendersonville Road Asheville, NC 28803 Full Service B&M $44,471
Pinnacle Bank 202 Campbell Ave., Se Roanoke, VA 24013 Full Service B&M $480,612
Pinnacle Bank 203 N. Main Street Summerville, SC 29483 Full Service B&M $105,982
Pinnacle Bank 2035 Se Broad Murfreesboro, TN 37130 Full Service B&M $80,276
Pinnacle Bank 211 Broad Street Kernersville, NC 27285 Full Service B&M $235,432
Pinnacle Bank 214 West College Street Murfreesboro, TN 37130 Full Service B&M $1,031,058
Pinnacle Bank 215 Harvey Street Winston Salem, NC 27103 Full Service B&M $174,880
Pinnacle Bank 216 South Royal Oaks Boulevard Franklin, TN 37064 Full Service B&M $177,986
Pinnacle Bank 220 North Wrenn Street High Point, NC 27260 Limited, Drive-thru $0
Pinnacle Bank 2201 North Elm Street Greensboro, NC 27408 Full Service B&M $189,585
Pinnacle Bank 2203 Crystal Spring Avenue, S.W. Roanoke, VA 24014 Full Service B&M $36,695
Pinnacle Bank 2209 Medical Center Parkway Murfreesboro, TN 37129 Full Service B&M $10,755
Pinnacle Bank 2833 Bransford Avenue Nashville, TN 37204 Full Service B&M $89,485
Pinnacle Bank 300 North Main Street High Point, NC 27261 Full Service B&M $629,370
Pinnacle Bank 3064 Dick Pond Road Myrtle Beach, SC 29588 Full Service B&M $40,950
Pinnacle Bank 3070 Kirby Whitten Road Bartlett, TN 38134 Full Service B&M $48,000
Pinnacle Bank 3239 South Church Street Burlington, NC 27215 Full Service B&M $78,464
Pinnacle Bank 329 Folly Road Charleston, SC 29412 Full Service B&M $32,423
Pinnacle Bank 3305 South Morgan's Point Mount Pleasant, SC 29466 Full Service B&M $48,217
Pinnacle Bank 3333 Riverwood Parkway, Suite 110 Atlanta, GA 30339 Full Service B&M $126,191
Pinnacle Bank 3333 Riverwood Pkwy Se, Ste 100 Atlanta, GA 30339 Full Service B&M $0
Pinnacle Bank 3379 Peachtree Road, Ne, Suite 100 Atlanta, GA 30326 Full Service B&M $0
Pinnacle Bank 3515 Glenwood Ave Raleigh, NC 27612 Full Service B&M $471,431
Pinnacle Bank 3751 Robert M. Grissom Parkway Suite 100 Myrtle Beach, SC 29577 Full Service B&M $203,303
Pinnacle Bank 467 Sam Ridley Pkwy Smyrna, TN 37167 Full Service B&M $58,326
Pinnacle Bank 4725 Sw Cary Parkway Cary, NC 27513 Full Service B&M $33,879
Pinnacle Bank 501 Hwy 46 South Dickson, TN 37055 Full Service B&M $97,131
Pinnacle Bank 5019 North Broadway Street Knoxville, TN 37918 Full Service B&M $98,231
Pinnacle Bank 524 South Main Street Ashland City, TN 37015 Full Service B&M $186,437
Pinnacle Bank 530 Johnnie Dodds Boulevard Mount Pleasant, SC 29464 Full Service B&M $475,762
Pinnacle Bank 531 East Main Street Spartanburg, SC 29302 Full Service B&M $65,467
Pinnacle Bank 550 E Mcbee Avenue Greenville, SC 29601 Full Service B&M $207,096
Pinnacle Bank 551 North Mt. Juliet Road Mount Juliet, TN 37122 Full Service B&M $151,466
Pinnacle Bank 5544 Little Debbie Parkway Ooltewah, TN 37363 Full Service B&M $21,120
Pinnacle Bank 5925 Farrington Road Chapel Hill, NC 27517 Full Service B&M $126,046
Pinnacle Bank 597 Old Mt. Holly Road Goose Creek, SC 29445 Full Service B&M $27,457
Pinnacle Bank 802 Savannah Highway Charleston, SC 29407 Full Service B&M $44,210
Pinnacle Bank 831 Julian Avenue Thomasville, NC 27360 Full Service B&M $188,343
Pinnacle Bank 837 West Lamar Alexander Parkway Maryville, TN 37801 Full Service B&M $148,635
Pinnacle Bank 8420 Dorchester Road Charleston, SC 29420 Full Service B&M $20,529
Pinnacle Bank 847 Conference Drive Goodlettsville, TN 37072 Full Service B&M $454,381
Pinnacle Bank 854 East Dixie Drive Asheboro, NC 27203 Full Service B&M $68,483
Pinnacle Bank 9057 Poplar Avenue Germantown, TN 38138 Full Service B&M $43,801
Pinnacle Bank 949 Shady Grove Road Memphis, TN 38130 Full Service B&M $1,498,382
Pinnacle Bank 9603 Kingston Pike Knoxville, TN 37922 Full Service B&M $69,721
Pinnacle Bank 10 Church Street Cleveland, TN 37311 Full Service B&M $300,242
Pinnacle Bank 1000 William Hilton Parkway Hilton Head Island, SC 29928 Full Service B&M $72,294
Pinnacle Bank 1003 Hardy Road Vinton, VA 24179 Full Service B&M $24,087
Pinnacle Bank 1520 East Emory Road Knoxville, TN 37938 Full Service B&M $69,056
Pinnacle Bank 1534 Noah Lane Gallatin, TN 37066 Full Service B&M $0
Pinnacle Bank 1534 Noah Ln Gallatin, TN 37066 Full Service B&M $9,868
Pinnacle Bank 155 Rozelle Street Memphis, TN 38104 Full Service B&M $4,529
Pinnacle Bank 1610 Graves Mill Road, Suite B Lynchburg, VA 24502 Full Service B&M $12,367
Pinnacle Bank 1645 Northwest Broad Street Murfreesboro, TN 37129 Full Service B&M $14,160
Pinnacle Bank 1700 Dickerson Blvd Monroe, NC 28110 Full Service B&M $71,587
Pinnacle Bank 1717 Mallory Lane Brentwood, TN 37027 Full Service B&M $283,987
Pinnacle Bank 1745 Memorial Blvd Murfreesboro, TN 37129 Full Service B&M $63,456
Pinnacle Bank 175 North Fayetteville Street Asheboro, NC 27203 Full Service B&M $217,108
Pinnacle Bank 1810 North Peace Haven Road Winston Salem, NC 27104 Full Service B&M $13,995
Pinnacle Bank 1813 Westchester Drive High Point, NC 27262 Full Service B&M $73,712
Pinnacle Bank 2300 West End Avenue Nashville, TN 37203 Full Service B&M $510,380
Pinnacle Bank 231 Jackson Square Oak Ridge, TN 37830 Full Service B&M $142,462
Pinnacle Bank 2312 Bridgeport Drive Raleigh, NC 27613 Full Service B&M $21,833
Pinnacle Bank 241 Brooklawn Street Knoxville, TN 37934 Full Service B&M $206,851
Pinnacle Bank 2415 Laurens Road Greenville, SC 29607 Full Service B&M $21,138
Pinnacle Bank 2604 South Church Street Murfreesboro, TN 37128 Full Service B&M $60,283
Pinnacle Bank 2630 Eastchester Drive High Point, NC 27265 Full Service B&M $118,652
Pinnacle Bank 270 East Main Street Hendersonville, TN 37075 Full Service B&M $247,620
Pinnacle Bank 271 Copperfield Blvd Concord, NC 28025 Full Service B&M $147,159
Pinnacle Bank 2753 Maybank Highway Johns Island, SC 29455 Full Service B&M $44,840
Pinnacle Bank 280 South Mangum Street, Suite 140 Durham, NC 27701 Full Service B&M $102,787
Pinnacle Bank 2800 South Main Street High Point, NC 27263 Full Service B&M $70,736
Pinnacle Bank 3823 Cleghorn Avenue Nashville, TN 37215 Full Service B&M $508,907
Pinnacle Bank 3900 Pelham Road Greenville, SC 29615 Full Service B&M $37,437
Pinnacle Bank 4003 Challenger Avenue Roanoke, VA 24012 Full Service B&M $31,572
Pinnacle Bank 411 South Cumberland Street Lebanon, TN 37087 Full Service B&M $336,164
Pinnacle Bank 415 Jake Alexander Boulevard Salisbury, NC 28147 Full Service B&M $71,936
Pinnacle Bank 424 Donelson Pike Nashville, TN 37214 Full Service B&M $160,268
Pinnacle Bank 425 11th Ave. North Nashville, TN 37203 Full Service B&M $430,786
Pinnacle Bank 4328 Harding Pike Nashville, TN 37205 Full Service B&M $283,181
Pinnacle Bank 4351 Main Street, Suite 105 Harrisburg, NC 28075 Full Service B&M $75,943
Pinnacle Bank 4445 Poplar Ave Memphis, TN 38117 Full Service B&M $47,015
Pinnacle Bank 4467 Starkey Road Southwest Roanoke, VA 24014 Full Service B&M $76,656
Pinnacle Bank 4525 Falls Of Neuse Road Raleigh, NC 27609 Full Service B&M $48,092
Pinnacle Bank 5980 Fairview Road Charlotte, NC 28210 Full Service Retail $553,564
Pinnacle Bank 604 N Main St Shelbyville, TN 37160 Full Service B&M $87,352
Pinnacle Bank 6180 Shallowford Road Chattanooga, TN 37421 Full Service B&M $38,579
Pinnacle Bank 6355 Old Us Hwy 52 Lexington, NC 27295 Full Service B&M $61,851
Pinnacle Bank 6602 Calhoun Memorial Highway Easley, SC 29640 Full Service B&M $56,472
Pinnacle Bank 69 South Lowry Smyrna, TN 37167 Full Service B&M $74,812
Pinnacle Bank 7040 Carothers Parkway Franklin, TN 37067 Full Service B&M $377,389
Pinnacle Bank 707 Green Valley Rd Greensboro, NC 27408 Full Service B&M $345,841
Pinnacle Bank 710 Highway 17 North North Myrtle Beach, SC 29582 Full Service B&M $28,112
Pinnacle Bank 7651 Highway 70 South Nashville, TN 37221 Full Service B&M $190,071
Pinnacle Bank 787-H East Butler Road Mauldin, SC 29662 Full Service B&M $24,646
Pinnacle Bank 8 East Main Street Salem, VA 24153 Full Service B&M $100,119
Pinnacle Bank 1300 East Hartley Drive High Point, NC 27265 Limited, Administrative $0
Pinnacle Bank 1327 Grandin Road Roanoke, VA 24015 Full Service B&M $20,963
Pinnacle Bank 134 Meeting Street, Suite 201 Charleston, SC 29401 Full Service B&M $46,683
Pinnacle Bank 1350 Broad Street Chattanooga, TN 37402 Full Service B&M $1,299,418
Pinnacle Bank 1412 West Baddour Parkway Lebanon, TN 37087 Full Service B&M $49,839
Pinnacle Bank 1420 East Third Street Charlotte, NC 28204 Full Service B&M $279,960
Pinnacle Bank 1431 New Garden Road Greensboro, NC 27410 Full Service B&M $30,596
Pinnacle Bank 150 3rd Avenue South Nashville, TN 37201 Full Service B&M $8,080,525
Pinnacle Bank 15025 Ballancroft Pkwy Charlotte, NC 28277 Full Service B&M $64,093
Pinnacle Bank 1503 Old Towne Road Charleston, SC 29407 Full Service B&M $84,910
Pinnacle Bank 1518 Hershberger Road Roanoke, VA 24012 Full Service B&M $20,851

For 2021, Pinnacle Bank had 120 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $1,033,792
Net interest income $953,219
Total noninterest income $348,764
Gross Fiduciary activities income $20,435
Service charges on deposit accounts $30,016
Trading account gains and fees $847
Additional Noninterest Income $297,466
Pre-tax net operating income $652,143
Securities gains (or losses, -) $96
Income before extraordinary items $524,760
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $524,760
Minority interest net income $16
Net income $524,744
Sale, conversion, retirement of capital stock, net $0
Net operating income $524,683

Pinnacle Bank's gross interest income from loans was $1,033,792,000.
Pinnacle Bank's net interest income from loans was $953,219,000.
Pinnacle Bank's fee based income from loans was $30,016,000.
Pinnacle Bank's net income from loans was $524,744,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $80,573
Provision for credit losses $16,126
Total noninterest expense $633,714
Salaries and employee benefits $410,739
Premises and equipment expense $55,260
Additional noninterest expense $167,715
Applicable income taxes $127,479
Net charge-offs $38,722
Cash dividends $99,766

Pinnacle Bank's interest expense for loans was $80,573,000.
Pinnacle Bank's payroll and benefits expense were $410,739,000.
Pinnacle Bank's property, plant and equipment expenses $55,260,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.8%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $31,501,081
Deposits held in domestic offices $31,501,081
Deposits by Individuals, partnerships, and corporations $29,838,749
Deposits by U.S. Government $6
Deposits by States and political subdivisions in the U.S. $1,620,964
Deposits by Commercial banks and other depository institutions in U.S. $41,114
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $248
Transaction accounts $17,187,562
Demand deposits $16,853,102
Nontransaction accounts $14,313,519
Money market deposit accounts (MMDAs) $11,210,764
Other savings deposits (excluding MMDAs) $968,963
Total time deposits $2,133,792
Total time and savings deposits $14,647,979
Noninterest-bearing deposits $10,473,545
Interest-bearing deposits $21,027,536
Retail deposits $29,542,922
IRAs and Keogh plan accounts $423,215
Brokered deposits $1,422,437
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $38,275,134
Cash & Balances due from depository institutions $4,101,015
Interest-bearing balances $3,912,728
Total securities $6,091,452
Federal funds sold & reverse repurchase $1,000,000
Net loans and leases $23,214,520
Loan and leases loss allowance $263,233
Trading account assets $39,770
Bank premises and fixed assets $377,921
Other real estate owned $6,502
Goodwill and other intangibles $1,833,490
All other assets $1,610,464

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $38,275,134
Total Liabilities $32,946,008
Total deposits $31,501,081
Interest-bearing deposits $21,027,536
Deposits held in domestic offices $31,501,081
% insured (estimated) $53
Federal funds purchased and repurchase agreements $152,559
Trading liabilities $40,241
Other borrowed funds $891,420
Subordinated debt $0
All other liabilities $360,707

Issued Loan Types

Type Value (in 000's)
Net loans and leases $23,214,520
Loan and leases loss allowance $263,233
Total loans and leases (domestic) $23,477,753
All real estate loans $14,897,674
Real estate loans in domestic offices $14,897,674
Construction and development loans $2,903,017
Residential 1-4 family construction $625,862
Other construction, all land development and other land $2,277,155
Loans secured by nonfarm nonresidential properties $7,655,870
Nonfarm nonresidential secured by owner-occupied properties $3,048,822
Commercial real estate & other non-farm, non-residential $4,607,048
Multifamily residential real estate $627,803
1-4 family residential loans $3,692,605
Farmland loans $18,379
Loans held in foreign offices $0
Farm loans $1,108
Commercial and industrial loans $7,019,531
To non-U.S. addressees $63,934
Loans to individuals $500,995
Credit card loans $45,002
Related Plans $149,388
Consumer Auto Loans $18,843
Other loans to individuals $287,762
All other loans & leases $1,058,445
Loans to foreign governments and official institutions $0
Other loans $515,227
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $452,283
Loans secured by real estate to non-U.S. addressees $1,137
Restructured Loans & leases $2,354
Non 1-4 family restructured loans & leases $145
Total loans and leases (foreign) $0

Pinnacle Bank had $23,214,520,000 of loans outstanding in 2021. $14,897,674,000 of loans were in real estate loans. $2,903,017,000 of loans were in development loans. $627,803,000 of loans were in multifamily mortgage loans. $3,692,605,000 of loans were in 1-4 family mortgage loans. $1,108,000 of loans were in farm loans. $45,002,000 of loans were in credit card loans. $18,843,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 4,246 $1,293,682 $304,683
Nonfarm, nonresidential loans - <$100k 392 $19,529 $49,819
Nonfarm, nonresidential loans - $100-250k 1,176 $154,748 $131,588
Nonfarm, nonresidential loans - $250k-1MM 2,678 $1,119,405 $418,000
Commercial & Industrial, US addressed loans - <$1MM 19,116 $1,459,309 $76,340
Commercial & Industrial, US addressed loans - <$100k 12,335 $325,650 $26,400
Commercial & Industrial, US addressed loans - $100-250k 3,742 $357,583 $95,559
Commercial & Industrial, US addressed loans - $250k-1MM 3,039 $776,076 $255,372
Farmland loans - <$1MM 56 $7,519 $134,268
Farmland loans - <$100k 17 $713 $41,941
Farmland loans - $100-250k 23 $2,532 $110,087
Farmland loans - $250k-1MM 16 $4,274 $267,125
Agriculture operations loans - <$1MM 7 $241 $34,429
Agriculture operations loans - <$100k 6 $141 $23,500
Agriculture operations loans - $250k-1MM 1 $100 $100,000