Pinnacle Bank Mortgage Rates, Fees & Info
Nashville, TNLEI: 549300CDOC4F7XSRG390
Tax ID: 62-1829917
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Review & 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 by origination volume include: Nashville, Charlotte, Memphis, Knoxville, and Chattanooga among others. We have data for 213 markets. (Some data included below & more in-depth data is available with an active subscription.)Pinnacle Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Pinnacle Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 5.50% | 4/19/24 |
| 30 Year Conventional Purchase | 6.50% | 4/19/24 |
| 30 Year Conventional Refi | 6.39% | 4/19/24 |
| 30 Year Cash-out Refi | 6.61% | 4/19/24 |
| 30 Year FHA Purchase | 7.05% | 4/19/24 |
| 30 Year VA Purchase | 6.19% | 4/19/24 |
| 30 Year VA Refi | 6.27% | 4/19/24 |
| 30 Year USDA Purchase | 6.62% | 4/19/24 |
| 30 Year USDA Refi | 6.68% | 4/19/24 |
| 15 Year Conventional Purchase | 5.92% | 4/19/24 |
| 15 Year Conventional Refi | 6.01% | 4/19/24 |
| 15 Year Cash-out Refi | 6.01% | 4/19/24 |
| 15 Year VA Purchase | 5.68% | 4/19/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Pinnacle Bank Mortgage Calculator
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This is not an official calculator from Pinnacle Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
10,884Origination Dollar Volume (All Markets)
$4,518,240,000Employee count
2,841Awards
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Pinnacle Bank - 2021
Pinnacle Bank is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| 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, KY (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% |
Similar Lenders
We use machine learning to identify the top lenders compared against Pinnacle Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2021, Pinnacle Bank's most frequently originated type of loan was Conventional, with 7,416 originations. Their 2nd most popular type was HELOC, with 3,222 originations.
Loan Reason
For 2021, Pinnacle Bank's most frequently cited loan purpose was Home Purchase, with 3,854 originations. The 2nd most popular reason was Refi, with 3,015 originations.
Loan Duration/Length
For 2021, Pinnacle Bank's most frequently cited loan duration was 30 Year, with 5,571 originations. The 2nd most popular length was 20 Year, with 3,464 originations.
Origination Fees/Closing Costs
Pinnacle Bank's average total fees were $4,089, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 4,436 originations.
Interest Rates
During 2021, Pinnacle Bank's average interest rate for loans was 3.11%, while their most frequently originated rate bucket for loans was 3-4%, with 6,018 originations.
Loan Sizing
2021 saw Pinnacle Bank place emphasis on $200k-400k loans with 3,737 originations, totaling $1,052,555,000 in origination value.
Applicant Income
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
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
Approval Rates
Total approvals of all applications91.48%
Pinnacle Bank has an average approval rate.
Pick Rate
Approvals leading to origination83.49%
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
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 | 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 | 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 | 128 Franklin Road Brentwood, TN 37027 | Full Service B&M | $469,092 |
| 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 |
| 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 | 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 | 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 | 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 | 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 | 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 | 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 | 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 |
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 |