Pinnacle Bank

Established in 2000

About Pinnacle Bank

Pinnacle Bank was established on 2000. The bank's headquarters are located at 150 3rd Avenue South in Nashville, Tennessee. It has 5 branches.

Pinnacle Bank is an FDIC insured bank with FDIC number 35583 managing assets to the value of $34,775,324 as of 12/31/2020.

Pinnacle Bank has a Texas ratio of 1.61%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

1.61%
Texas Ratio
FDIC Certificate #

35583

Active Insured Since #

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $34,775,324
Equity Capital $4,972,283
Total Deposits $27,989,404
Total Liabilities $29,803,041
Total Securities $4,637,602
Net Loans And Leases $22,258,472
Loan Loss Allowance $285,050
Total Loans And Leases $22,543,522
YTD (as of 12/31/2020)
Return On Assets 1.02%
Return On Equity 6.78%
Total Interest Income $1,023,143
Total Interest Expense $179,000
Total Non Interest Income $282,300
Total Non Interest Expense $547,454

Headquarters

150 3rd Avenue South 37201, Nashville

Pinnacle Bank branches near me

232.07 miles
302.18 miles
301.30 miles
309.69 miles
263.79 miles

Total Loans and Leases Statistics

Total Loans and Leases $22,543,522 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Pinnacle Bank Mortgage Loans Profile

Classic Bank

75.83%

Application Approval Rate

Classic Bank

$324,014

Average Mortgage Loan Amount

Classic Bank

11,388

Number of Loan Applications

Classic Bank

$163,901

Average Income of Applicants with Approved Loans

Classic Bank

1.34%

Average Cost of Loans

Classic Bank

33.56%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Davidson

Number of Loan Applications
1,598
Average Loan Amount
$370,164
Approval Rate
76.10%
Average Income of Approved Loans’ Applicants
$203,676

2 Shelby

Number of Loan Applications
1,489
Average Loan Amount
$240,773
Approval Rate
69.91%
Average Income of Approved Loans’ Applicants
$113,316

3 Williamson

Number of Loan Applications
707
Average Loan Amount
$386,248
Approval Rate
75.95%
Average Income of Approved Loans’ Applicants
$252,037

4 Rutherford

Number of Loan Applications
620
Average Loan Amount
$215,382
Approval Rate
80.16%
Average Income of Approved Loans’ Applicants
$113,179

5 Knox

Number of Loan Applications
531
Average Loan Amount
$273,304
Approval Rate
75.52%
Average Income of Approved Loans’ Applicants
$185,565

6 Hamilton

Number of Loan Applications
474
Average Loan Amount
$306,049
Approval Rate
82.49%
Average Income of Approved Loans’ Applicants
$212,390

Top States by Number of Mortgage Loan Applications

1 Tennessee

Number of Loan Applications
7,157
Average Loan Amount
$296,971
Approval Rate
75.86%
Average Income of Approved Loans’ Applicants
$163,029

2 North Carolina

Number of Loan Applications
2,121
Average Loan Amount
$273,712
Approval Rate
74.30%
Average Income of Approved Loans’ Applicants
$146,059

3 South Carolina

Number of Loan Applications
905
Average Loan Amount
$289,334
Approval Rate
74.70%
Average Income of Approved Loans’ Applicants
$199,228

4 Mississippi

Number of Loan Applications
365
Average Loan Amount
$214,172
Approval Rate
79.45%
Average Income of Approved Loans’ Applicants
$76,902

5 Virginia

Number of Loan Applications
209
Average Loan Amount
$235,240
Approval Rate
79.90%
Average Income of Approved Loans’ Applicants
$166,669

6 Georgia

Number of Loan Applications
207
Average Loan Amount
$464,458
Approval Rate
80.19%
Average Income of Approved Loans’ Applicants
$134,618