FOR IMMEDIATE RELEASE

MEDIA CONTACT:		Sue Atkinson, 615-320-7532
FINANCIAL CONTACT:		Harold Carpenter, 615-744-3742
WEBSITE:		www.pnfp.com

PINNACLE FINANCIAL EXPANDS
PROFITABILITY IN SECOND QUARTER 2011

     NASHVILLE, Tenn., July 19, 2011 — Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today reported that its net income per fully diluted common share available to common stockholders was $0.14 for the quarter ended June 30, 2011, compared to net loss per fully diluted common share available to common stockholders of $0.85 for the quarter ended June 30, 2010, and net income per fully diluted common share available to common shareholders of $0.06 for the quarter ended March 31, 2011.

     Net income per fully diluted common share available to common stockholders was $0.20 for the six months ended June 30, 2011, compared to net loss per fully diluted common share available to common stockholders of $1.02 for the first six months of 2010.

     “We are pleased with another quarter of progress on our two primary priorities of expanding the core earnings capacity of the firm and aggressively dealing with credit issues,” said M. Terry Turner, Pinnacle’s president and chief executive officer. “We intend to maintain continued and significant progress on key measures of credit quality and core earnings, which include capitalizing on the growth opportunities in the Nashville and Knoxville markets.”

Aggressively Dealing with Credit Issues

     During the second quarter, Pinnacle reduced classified assets by $49.1 million, a linked-quarter reduction of 15.4 percent and the fifth consecutive quarter of net reductions. Classified assets are composed primarily of nonperforming assets and potential problem loans. Classified assets are down 43.7 percent from their peak at the end of June 2010.

	•		Nonperforming assets declined by $20.2 million, a linked-quarter reduction of 15.3 percent and the fourth consecutive quarterly reduction. Pinnacle resolved $38.7 million in nonperforming assets during the second quarter of 2011, compared to resolutions of $33.5 million during the first quarter of 2011.
	•		Nonperforming loans declined by $16.6 million during the second quarter of 2011, a linked-quarter reduction of 21.8 percent and the fifth consecutive quarterly reduction. Nonperforming loans are down 49.5 percent from a year ago. Additionally, nonperforming loan inflows decreased from $25.4 million during the first quarter of 2011 to $18.4 million in the second quarter of 2011.
	•		Potential problem loans also decreased from $170.6 million at March 31, 2011, to $148.5 million at June 30, 2011, a linked-quarter decrease of 13.0 percent and the fourth consecutive quarter of net reductions. Potential problem loans are down by 53.3 percent from their peak in June 2010.
	•		Exposure to construction and land development loans declined from $411.5 million at June 30, 2010, to $282.1 million at June 30, 2011, a decrease of 31.4 percent. Construction and land development loans are down 6.2 percent from $300.7 million at March 31, 2011. Residential land development loans declined from $142.3 million at June 30, 2010, to $84.8 million at June 30, 2011. Residential land development loans were $97.5 million at March 31, 2011.

Expanding the Core Earnings Capacity of the Firm

	•		Net interest margin increased to 3.55 percent for the quarter ended June 30, 2011, from 3.23 percent for the quarter ended June 30, 2010. Net interest margin for the quarter ended March 31, 2011, was 3.40 percent.
	•		Average balances of noninterest bearing deposit accounts were $629 million in the second quarter of 2011, an increase of 5.8 percent over first quarter 2011 average balances of $595 million and an increase of 24.7 percent over the same quarter last year.
	•		Loans at June 30, 2011, were $3.21 billion, a decrease of $10.3 million from $3.22 billion at March 31, 2011. Commercial and industrial loans combined with owner-occupied commercial real estate loans were $1.60 billion at June 30, 2011, an

			increase of $6.58 million from $1.59 billion at March 31, 2011, the third consecutive quarter of net growth.
	•		Revenue for the quarter ended June 30, 2011, amounted to $47.60 million, compared to $44.34 million for the first quarter of 2011 and $46.27 million for the same quarter of last year, a linked-quarter increase of 7.1 percent.
	•		Four years after expanding to the Knoxville market, Pinnacle’s operation in Knoxville reached over $500 million in loans at the end of the second quarter 2011.
	•		Income before income taxes and TARP expenses increased from $3.50 million for the quarter ended March 31, 2011, to $6.66 million for the quarter ended June 30, 2011, a 90.3 percent increase.

     “Our second quarter net interest margin of 3.55 percent was achieved primarily by continued reductions in our funding costs as time deposits continue to reprice downward,” Turner said. “We are particularly pleased with the progress we made during the second quarter in resolution of troubled assets, which is also having a positive impact on our margin. As anticipated, we experienced continued reductions in troubled asset inflows and believe those trends will continue into the third quarter.”

     Turner also noted that the firm continues to explore the availability of the U.S. Treasury’s Small Business Lending Fund.

     “We continue to talk with our regulators about our potential participation in the SBLF,” Turner said. “Although the likelihood of participation is significantly diminished by recent guidance from the U.S. Treasury regarding SBLF eligibility for bank holding companies who, like us, are restricted in their ability to pay dividends without the prior approval of the Federal Reserve, we are encouraged by our second quarter results and remain hopeful that we can repay TARP with minimal dilution to our common shareholders regardless of SBLF participation.”

OTHER SECOND QUARTER 2011 HIGHLIGHTS:

•

Core Deposits

•

Core deposits amounted to $3.18 billion at June 30, 2011, an increase of 14.4 percent from the $2.78 billion at June 30, 2010. Core deposits at March 31, 2011, were $3.11 billion.

•

Operating results

	•		Net income available to common stockholders for the second quarter of 2011 was $4.84 million, compared to the prior year‘s second quarter net loss available to common stockholders of $27.87 million. First quarter 2011 net income available to common stockholders totaled $2.01 million.
	•		Net interest income for the second quarter of 2011 was $37.80 million, compared to $36.02 million for the first quarter of 2011 and $35.70 million for the same quarter last year.
	•		Noninterest income for the quarter ending June 30, 2011, was $9.8 million (including $0.6 million of net securities gains), compared to $8.3 million (net of $0.2 million of net securities losses) in the prior quarter and $10.6 million (including $2.3 million of net securities gains) the same quarter last year. Excluding the impact of net securities gains, noninterest income was up 8.4 percent on a linked-quarter basis and 10.7 percent over the same quarter last year.
	•		Wealth management revenues, which include investment services, trust and insurance, were $3.41 million during the second quarter of 2011, an increase of 14.7 percent over the same period last year.

     “In addition to our net interest margin increasing to 3.55 percent, our net interest income increased by approximately 4.93 percent from the first quarter results,” said Harold R. Carpenter, Pinnacle’s chief financial officer. “Contributing to this increase were reduced funding costs and the continued reduction in nonperforming assets.”

     “We believe we will continue to have opportunities to expand margins in future quarters primarily by reducing the funding cost associated with the firm’s time deposit portfolio,” Carpenter said.

•

Capital

•

At June 30, 2011, Pinnacle’s ratio of tangible common stockholders’ equity to tangible assets was 7.7 percent, compared to 7.1 percent at June 30, 2010, and 7.4 percent at March 31, 2011. At June 30, 2011, Pinnacle’s total

risk-based capital ratio was 15.5 percent, compared to 14.8 percent at June 30, 2010, and 15.2 percent at March 31, 2011.

•

Credit quality

	•		Net charge-offs were $8.61 million for the quarter ended June 30, 2011, down from $33.46 million for the quarter ended June 30, 2010, and $9.73 million for the first quarter of 2011.
	•		The allowance for loan losses represented 2.40 percent of total loans at June 30, 2011, compared to 2.46 percent at March 31, 2011, and 2.61 percent at June 30, 2010.
	•		Nonperforming assets were 3.44 percent of total loans plus other real estate at June 30, 2011, compared to 4.04 percent at March 31, 2011, and 4.77 percent at June 30, 2010. The ratio of the allowance for loan losses to nonperforming loans increased to 128.9 percent at June 30, 2011, from 103.4 percent at March 31, 2011.
	•		Past due loans over 30 days, excluding nonperforming loans, were 0.40 percent of total loans at June 30, 2011, compared to 0.36 percent at March 31, 2011, and 0.66 percent at June 30, 2010.

     The following is a summary of the activity in various nonperforming asset and restructured accruing loan categories for the quarter ended June 30, 2011:

						Payments,
		Balances				Sales and												Balances
(in thousands)		Mar. 31, 2011				Reductions				Foreclosures				Inflows				June 30, 2011
Restructured accruing loans:
Residential construction and development		$	—			$	—			$	—			$	—			$	—
Commercial construction and development			—				—				—				—				—
Other			15,285				(3,402	)			—				1,107				12,990
Totals			15,285				(3,402	)			—				1,107				12,990
Nonperforming loans:
Residential construction and development			12,508				(1,578	)			—				446				11,376
Commercial construction and development			24,391				(393	)			(8,440	)			4,718				20,276
Other			39,469				(21,511	)			(3,166	)			13,283				28,075
Totals			76,368				(23,482	)			(11,606	)			18,447				59,727
Other real estate:
Residential construction and development			18,611				(2,847	)			—				—				15,764
Commercial construction and development			25,013				(6,116	)			8,440				—				27,337
Other			12,376				(6,248	)			3,166				—				9,294
Totals			56,000				(15,211	)			11,606				—				52,395
Total nonperforming assets and restructured accruing loans		$	147,653			$	(42,095	)		$	—			$	19,554			$	125,112

•

Noninterest expense and taxes

	•		Noninterest expense for the quarter ended June 30, 2011, was $34.36 million, compared to $36.49 million in the second quarter of 2010 and $34.70 million in the first quarter of 2011.
	•		Compensation expense was $18.52 million during the second quarter of 2011, compared to $15.85 million during the second quarter of 2010 and $17.92 million during the first quarter of 2011.
	•		Included in noninterest expense for the second quarter of 2011 was $3.83 million in other real estate expenses, compared to $7.41 million in the second quarter of 2010. First quarter 2011 other real estate expense was approximately $4.33 million.
	•		Included in income tax expense for the second quarter of 2011 was $288,000 related to the resolution of a recently completed federal tax examination for fiscal years 2007-2009.

     Carpenter noted that compensation costs for the second quarter of 2011 increased by 3.35 percent over the first quarter of 2011, driven largely by increased incentive accruals pursuant to the firm’s annual cash incentive plan.

     “Given our performance so far this year on credit quality and earnings, the two primary influences on our annual cash incentive payments, we increased our incentive allocation to a potential full payout of our plan award to participating associates,” Carpenter said. “We expect compensation expense to level out for the remainder of the year except for modest increases related to several new relationship managers we are actively recruiting.”

     Excluding the impact of OREO expenses, the second quarter of 2011 noninterest expense was approximately $30.53 million, compared to $30.37 million in the first quarter of 2011 and $29.08 million in the second quarter of 2010. Included in the other real estate expense for the quarter was $1.6 million of additional write downs of existing balances based on updated appraisals. The firm also recorded $796,000 in losses related to the disposition of $15.2 million of other real estate properties. Carpenter noted that the firm anticipates foreclosures of approximately $20 million in the third quarter of 2011 but that final resolution of several larger properties will affect other real estate balances for the third quarter.

     “We made meaningful progress during the second quarter on our priorities of improving the core earnings capacity of the firm and aggressively dealing with credit issues, and we would expect continued progress on those priorities in the third quarter,” Carpenter said.

WEBCAST AND CONFERENCE CALL INFORMATION

     Pinnacle will host a webcast and conference call at 8:30 a.m. (CDT) on Wednesday, July 20, 2011, to discuss second quarter 2011 results and other matters. To access the call for audio only, please call 1-877-602-7944. For the presentation and streaming audio, please access the webcast on the investor relations page of Pinnacle’s website at www.pnfp.com.

     For those unable to participate in the webcast, it will be archived on the investor relations page of Pinnacle’s website at www.pnfp.com for 90 days following the presentation.

     Pinnacle Financial Partners provides a full range of banking, investment, mortgage and insurance products and services designed for small- to mid-sized businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. Comprehensive wealth management services, such as financial planning and trust, help clients increase, protect and distribute their assets.

     The firm began operations in a single downtown Nashville location in Oct. 2000 and has since grown to over $4.83 billion in assets at June 30, 2011. In 2007, Pinnacle launched an expansion into Knoxville, Tennessee. At June 30, 2011, Pinnacle is the second-largest bank holding company headquartered in Tennessee, with 31 offices in eight Middle Tennessee counties and three offices in Knoxville. The firm was also added to Standard & Poor’s SmallCap 600 index in 2009.

     Additional information concerning Pinnacle can be accessed at www.pnfp.com.

###

Certain of the statements in this release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “expect,” “anticipate,” “goal,” “objective,” “intend,” “plan,” “believe,” “should,” “seek,” “estimate” and similar expressions are intended to identify such forward-looking statements, but other statements not based on historical information may also be considered forward-looking. All forward-looking statements are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of Pinnacle Financial to differ materially from any results expressed or implied by such forward-looking statements. Such risks include, without limitation, (i) deterioration in the financial condition of borrowers resulting in significant increases in loan losses and provisions for those losses; (ii) continuation of the historically low short-term interest rate environment; (iii) the reduction of Pinnacle Financial’s loan balances, and conversely, the inability of Pinnacle Financial to ultimately grow its loan portfolio in the Nashville-Davidson-Murfreesboro-Franklin MSA and the Knoxville MSA; (iv) changes in loan underwriting, credit review or loss reserve policies associated with economic conditions,

examination conclusions, or regulatory developments; (v) effectiveness of Pinnacle Financial’s asset management activities in improving, resolving or liquidating lower-quality assets; (vi) increased competition with other financial institutions; (vii) greater than anticipated deterioration or lack of sustained growth in the national or local economies including the Nashville-Davidson-Murfreesboro-Franklin MSA and the Knoxville MSA, particularly in commercial and residential real estate markets; (viii) rapid fluctuations or unanticipated changes in interest rates; (ix) the results of regulatory examinations; (x) the development of any new market other than Nashville or Knoxville; (xi) a merger or acquisition; (xii) any matter that would cause Pinnacle Financial to conclude that there was impairment of any asset, including intangible assets; (xiii) the impact of governmental restrictions on entities participating in the Capital Purchase Program, of the U.S. Department of the Treasury (the “Treasury”); (xiv) further deterioration in the valuation of other real estate owned; (xv) inability to comply with regulatory capital requirements and to secure any required regulatory approvals for capital actions; (xvi) changes in state and federal legislation, regulations or policies applicable to banks and other financial service providers, including regulatory or legislative developments arising out of current unsettled conditions in the economy, including implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; and (xvii) Pinnacle Financial recording a further valuation allowance related to its deferred tax asset. A more detailed description of these and other risks is contained in Pinnacle Financial’s most recent annual report on Form 10-K filed with the Securities and Exchange Commission on February 23, 2011 and most recent quarterly report on Form 10-Q filed with the Securities and Exchange commission on May 5, 2011. Many of such factors are beyond Pinnacle Financial’s ability to control or predict, and readers are cautioned not to put undue reliance on such forward-looking statements. Pinnacle Financial disclaims any obligation to update or revise any forward-looking statements contained in this release, whether as a result of new information, future events or otherwise.

PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS — UNAUDITED

		June 30, 2011				December 31, 2010
ASSETS
Cash and noninterest-bearing due from banks		$	62,316,425			$	40,154,247
Interest-bearing due from banks			147,703,476				140,647,481
Federal funds sold and other			6,231,745				7,284,685
Short-term discount notes			—				499,768
Cash and cash equivalents			216,251,646				188,586,181
Securities available-for-sale, at fair value			922,780,234				1,014,316,831
Securities held-to-maturity (fair value of $2,791,215 and $4,411,856 at June 30, 2011 and December 31, 2010, respectively)			2,727,272				4,320,486
Mortgage loans held-for-sale			14,161,572				16,206,034
Loans			3,207,104,232				3,212,440,190
Less allowance for loan losses			(76,970,502	)			(82,575,235	)
Loans, net			3,130,133,730				3,129,864,955
Premises and equipment, net			79,999,621				82,374,228
Other investments			42,757,144				42,282,255
Accrued interest receivable			15,723,962				16,364,573
Goodwill			244,083,193				244,090,311
Core deposit and other intangible assets			9,273,297				10,705,105
Other real estate owned			52,395,174				59,608,224
Other assets			101,045,934				100,284,697
Total assets		$	4,831,332,779			$	4,909,003,880
LIABILITIES AND STOCKHOLDERS’ EQUITY
Deposits:
Noninterest-bearing		$	662,017,752			$	586,516,637
Interest-bearing			572,465,335				573,670,188
Savings and money market accounts			1,634,633,008				1,596,306,386
Time			892,403,408				1,076,564,179
Total deposits			3,761,519,503				3,833,057,390
Securities sold under agreements to repurchase			124,513,664				146,294,379
Federal Home Loan Bank advances			111,190,714				121,393,026
Subordinated debt			97,476,000				97,476,000
Accrued interest payable			3,031,394				5,197,925
Other liabilities			34,373,482				28,127,875
Total liabilities			4,132,104,757				4,231,546,595
Stockholders’ equity:
Preferred stock, no par value; 10,000,000 shares authorized; 95,000 shares issued and outstanding at June 30, 2011 and December 31, 2010			91,422,313				90,788,682
Common stock, par value $1.00; 90,000,000 shares authorized; 34,136,163 issued and outstanding at June 30, 2011 and 33,870,380 issued and outstanding at December 31, 2010			34,136,163				33,870,380
Common stock warrants			3,348,402				3,348,402
Additional paid-in capital			533,557,342				530,829,019
Retained earnings			19,864,142				12,996,202
Accumulated other comprehensive income, net of taxes			16,899,660				5,624,600
Stockholders’ equity			699,228,022				677,457,285
Total liabilities and stockholders’ equity		$	4,831,332,779			$	4,909,003,880

This information is preliminary and based on company data available at the time of the presentation.

PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS — UNAUDITED

		Three Months Ended								Six Months Ended
		June 30								June 30
		2011				2010				2011				2010
Interest income:
Loans, including fees		$	38,905,155			$	40,323,693			$	77,258,636			$	81,398,800
Securities:
Taxable			6,479,280				8,058,265				12,840,179				17,145,853
Tax-exempt			1,837,811				1,985,946				3,773,699				4,036,199
Federal funds sold and other			566,874				560,611				1,140,880				1,037,753
Total interest income			47,789,120				50,928,515				95,013,394				103,618,605
Interest expense:
Deposits			8,306,751				12,925,139				17,730,992				26,388,954
Securities sold under agreements to repurchase			345,444				364,648				727,013				916,961
Federal Home Loan Bank advances and other borrowings			1,341,546				1,941,437				2,739,377				4,055,492
Total interest expense			9,993,741				15,231,224				21,197,382				31,361,407
Net interest income			37,795,379				35,697,291				73,816,012				72,257,198
Provision for loan losses			6,587,189				30,508,685				12,726,327				43,734,605
Net interest income after provision for loan losses			31,208,190				5,188,606				61,089,685				28,522,593
Noninterest income:
Service charges on deposit accounts			2,330,206				2,429,200				4,591,663				4,794,511
Investment services			1,637,426				1,315,263				3,145,512				2,551,646
Insurance sales commissions			1,004,246				904,359				2,053,478				2,003,378
Gain on loans sold, net			789,258				908,611				1,398,635				1,423,809
Net gain on sale of investment securities			610,302				2,259,124				451,199				2,623,674
Trust fees			769,935				754,515				1,499,923				1,651,088
Other noninterest income			2,668,041				1,998,082				4,993,061				4,006,694
Total noninterest income			9,809,414				10,569,154				18,133,471				19,054,800
Noninterest expense:
Salaries and employee benefits			18,523,531				15,847,121				36,447,153				32,851,647
Equipment and occupancy			5,060,014				5,492,406				10,066,724				10,858,593
Other real estate owned			3,825,608				7,411,206				8,159,726				12,813,359
Marketing and other business development			766,422				793,696				1,520,173				1,547,614
Postage and supplies			545,097				700,505				1,034,974				1,434,044
Amortization of intangibles			715,905				746,001				1,431,809				1,492,002
Other noninterest expense			4,920,766				5,500,424				10,397,612				11,660,655
Total noninterest expense			34,357,343				36,491,359				69,058,171				72,657,914
Income (loss) before income taxes			6,660,261				(20,733,599	)			10,164,985				(25,080,521	)
Income tax expense			288,414				5,630,431				288,414				5,106,734
Net Income (loss)			6,371,847				(26,364,030	)			9,876,571				(30,187,255	)
Preferred dividends			1,200,694				1,200,694				2,388,194				2,388,194
Accretion on preferred stock discount			327,657				306,466				633,631				664,459
Net income (loss) available to common stockholders		$	4,843,496			$	(27,871,190	)		$	6,854,746			$	(33,239,908	)
Per share information:
Basic net income (loss) per common share available to common stockholders		$	0.14				($0.85	)		$	0.21				($1.02	)
Diluted net income (loss) per common share available to common stockholders		$	0.14				($0.85	)		$	0.20				($1.02	)
Weighted average shares outstanding:
Basic			33,454,229				32,675,221				33,410,385				32,616,943
Diluted			34,095,636				32,675,221				34,054,746				32,616,943

This information is preliminary and based on company data available at the time of the presentation.

PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES

ANALYSIS OF INTEREST INCOME AND EXPENSE, RATES AND YIELDS-UNAUDITED

						Three months ended								Three months ended
(dollars in thousands)						June 30, 2011								June 30, 2010
		Average Balances				Interest				Rates/ Yields				Average Balances				Interest				Rates/ Yields
Interest-earning assets:
Loans (1)		$	3,211,591			$	38,905				4.87	%		$	3,418,928			$	40,324				4.74	%
Securities:
Taxable			779,882				6,479				3.33	%			760,338				8,058				4.25	%
Tax-exempt (2)			192,868				1,838				5.04	%			202,063				1,986				5.20	%
Federal funds sold and other			163,211				567				1.50	%			146,142				561				1.65	%
Total interest-earning assets			4,347,552			$	47,789				4.47	%			4,527,471			$	50,929				4.58	%
Nonearning assets
Intangible assets			253,803												256,753
Other nonearning assets			225,376												212,224
Total assets		$	4,826,731											$	4,996,448
Interest-bearing liabilities:
Interest-bearing deposits:
Interest checking		$	592,374			$	989				0.67	%		$	531,157			$	901				0.68	%
Savings and money market			1,597,216				3,789				0.95	%			1,286,115				4,538				1.42	%
Time			904,094				3,529				1.57	%			1,495,347				7,486				2.01	%
Total interest-bearing deposits			3,093,684				8,307				1.08	%			3,312,619				12,925				1.57	%
Securities sold under agreements to repurchase			175,705				345				0.79	%			210,798				365				0.69	%
Federal Home Loan Bank advances and
other borrowings			114,072				679				2.42	%			147,491				1,059				2.88	%
Subordinated debt			97,476				663				2.73	%			97,476				882				3.63	%
Total interest-bearing liabilities			3,480,937				9,994				1.15	%			3,768,384				15,231				1.62	%
Noninterest-bearing deposits			628,929				—				—				504,354				—				—
Total deposits and interest-bearing liabilities			4,109,866			$	9,994				0.98	%			4,272,738			$	15,231				1.43	%
Other liabilities			25,845												19,524
Stockholders’ equity			691,020												704,186
Total liabilities and stockholders’ equity		$	4,826,731											$	4,996,448
Net interest income						$	37,795											$	35,697
Net interest spread (3)											3.32	%											2.96	%
Net interest margin (4)											3.55	%											3.23	%

This information is preliminary and based on company data available at the time of the presentation.

PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES

ANALYSIS OF INTEREST INCOME AND EXPENSE, RATES AND YIELDS-UNAUDITED

						Six months ended												Six months ended
(dollars in thousands)						June 30, 2011												June 30, 2010
		Average												Average
		Balances				Interest				Rates/ Yields				Balances				Interest				Rates/ Yields
Interest-earning assets:
Loans (1)		$	3,201,381			$	77,259				4.87	%		$	3,469,161			$	81,399				4.74	%
Securities:
Taxable			795,749				12,840				3.25	%			792,192				17,146				4.36	%
Tax-exempt (2)			195,694				3,774				5.13	%			205,292				4,036				5.23	%
Federal funds sold and other			174,498				1,141				1.42	%			122,565				1,037				1.85	%
Total interest-earning assets			4,367,322			$	95,013				4.45	%			4,589,210			$	103,618				4.62	%
Nonearning assets
Intangible assets			254,164												257,132
Other nonearning assets			226,131												212,914
Total assets		$	4,847,617											$	5,059,256
Interest-bearing liabilities:
Interest-bearing deposits:
Interest checking		$	592,365			$	1,944				0.66	%		$	503,640			$	1,702				0.68	%
Savings and money market			1,588,320				7,850				1.00	%			1,268,909				8,837				1.40	%
Time			954,646				7,937				1.68	%			1,562,665				15,850				2.05	%
Total interest-bearing deposits			3,135,331				17,731				1.14	%			3,335,214				26,389				1.60	%
Securities sold under agreements to repurchase			180,561				727				0.81	%			242,530				917				0.76	%
Federal Home Loan Bank advances and
other borrowings			113,889				1,420				2.52	%			163,298				2,326				2.87	%
Subordinated debt			97,476				1,319				2.73	%			97,476				1,729				3.58	%
Total interest-bearing liabilities			3,527,257				21,197				1.21	%			3,838,518				31,361				1.65	%
Noninterest-bearing deposits			611,885				—				—				500,006				—				—
Total deposits and interest-bearing liabilities			4,139,142			$	21,197				1.03	%			4,338,524			$	31,361				1.46	%
Other liabilities			21,620												15,055
Stockholders’ equity			686,855												705,677
		$	4,847,617											$	5,059,256
Net interest income						$	73,816											$	72,257
Net interest spread (3)											3.24	%											2.97	%
Net interest margin (4)											3.47	%											3.24	%

This information is preliminary and based on company data available at the time of the presentation.

PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES
SELECTED QUARTERLY FINANCIAL DATA — UNAUDITED

		June				March				December				September				June				March
(dollars in thousands)		2011				2011				2010				2010				2010				2010
Balance sheet data, at quarter end:
Commercial real estate — mortgage loans		$	1,091,283				1,102,533				1,094,615				1,103,261				1,125,823				1,144,246
Consumer real estate — mortgage loans			708,280				698,693				705,487				720,140				709,121				730,247
Construction and land development loans			282,064				300,697				331,261				359,729				411,455				486,296
Commercial and industrial loans			1,058,263				1,047,754				1,012,091				995,743				1,009,991				1,031,512
Consumer and other			67,214				67,753				68,986				73,052				77,510				87,235
Total loans			3,207,104				3,217,430				3,212,440				3,251,923				3,333,900				3,479,536
Allowance for loan losses			(76,971	)			(78,988	)			(82,575	)			(84,550	)			(87,107	)			(90,062	)
Securities			925,508				984,200				1,018,637				968,532				907,296				989,325
Total assets			4,831,333				4,820,991				4,909,004				4,961,603				4,958,478				5,021,689
Noninterest-bearing deposits			662,018				608,428				586,517				581,181				529,867				522,928
Total deposits			3,761,520				3,731,883				3,833,057				3,825,634				3,853,400				3,836,362
Securities sold under agreements to repurchase			124,514				165,132				146,294				191,392				159,490				200,489
FHLB advances and other borrowings			111,191				111,351				121,393				121,435				131,477				157,319
Subordinated debt			97,476				97,476				97,476				97,476				97,476				97,476
Total stockholders’ equity			699,228				681,226				677,457				686,529				681,915				700,261
Balance sheet data, quarterly averages:
Total loans		$	3,211,591				3,191,076				3,217,738				3,295,531				3,418,928				3,520,012
Securities			972,750				1,010,344				993,236				954,869				962,401				1,032,957
Total earning assets			4,347,552				4,387,331				4,441,672				4,519,956				4,527,471				4,651,695
Total assets			4,826,731				4,868,745				4,937,181				5,001,373				4,996,448				5,122,773
Noninterest-bearing deposits			628,929				594,651				575,606				534,171				504,354				495,610
Total deposits			3,722,613				3,772,092				3,814,572				3,859,124				3,816,973				3,853,671
Securities sold under agreements to repurchase			175,705				185,471				194,283				210,037				210,798				274,614
FHLB advances and other borrowings			114,072				113,705				121,414				126,130				147,491				179,280
Subordinated debt			97,476				97,476				97,476				97,476				97,476				97,476
Total stockholders’ equity			691,020				682,638				689,976				686,898				704,186				707,210
Statement of operations data, for the three months ended:
Interest income		$	47,789				47,224				49,079				50,650				50,929				52,690
Interest expense			9,994				11,204				13,023				14,590				15,231				16,130
Net interest income			37,795				36,020				36,056				36,060				35,697				36,560
Provision for loan losses			6,587				6,139				5,172				4,789				30,509				13,226
Net interest income after provision for loan losses			31,208				29,881				30,884				31,271				5,189				23,334
Noninterest income			9,809				8,324				8,666				8,594				10,569				8,486
Noninterest expense			34,357				34,701				36,452				37,774				36,491				36,167
Income (loss) before taxes			6,660				3,504				3,098				2,091				(20,734	)			(4,347	)
Income tax expense (benefit)			288				—				(697	)			—				5,630				(525	)
Preferred dividends and accretion			1,529				1,492				1,547				1,542				1,507				1,545
Net income (loss) available to common stockholders		$	4,843				2,011				2,248				549				(27,871	)			(5,368	)
Profitability and other ratios:
Return on avg. assets (1)			0.40	%			0.17	%			0.18	%			0.04	%			(2.24	%)			(0.42	%)
Return on avg. equity (1)			2.81	%			1.19	%			1.29	%			0.32	%			(15.88	%)			(3.08	%)
Net interest margin (1) (2)			3.55	%			3.40	%			3.29	%			3.23	%			3.23	%			3.25	%
Noninterest income to total revenue (3)			20.61	%			18.77	%			19.38	%			19.25	%			22.84	%			18.84	%
Noninterest income to avg. assets (1)			0.82	%			0.69	%			0.70	%			0.68	%			0.85	%			0.67	%
Noninterest exp. to avg. assets (1)			2.86	%			2.89	%			2.93	%			3.00	%			2.93	%			2.86	%
Efficiency ratio (4)			72.17	%			78.25	%			81.51	%			84.59	%			78.87	%			80.29	%
Avg. loans to average deposits			86.27	%			84.60	%			84.35	%			85.40	%			89.57	%			91.34	%
Securities to total assets			19.16	%			20.41	%			20.75	%			19.52	%			18.30	%			19.70	%
Average interest-earning assets to average interest-bearing liabilities			124.90	%			122.75	%			121.62	%			120.26	%			120.14	%			118.99	%
Brokered time deposits to total deposits (16)			0.00	%			0.00	%			0.03	%			1.80	%			3.70	%			5.40	%

This information is preliminary and based on company data available at the time of the presentation.

PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES
SELECTED QUARTERLY FINANCIAL DATA — UNAUDITED

		June				March				December				September				June				March
(dollars in thousands)		2011				2011				2010				2010				2010				2010
Asset quality information and ratios:
Nonperforming assets:
Nonaccrual loans		$	59,727				76,368				80,863				103,127				118,331				131,381
Other real estate (ORE)			52,395				56,000				59,608				48,710				42,616				24,704
Total nonperforming assets		$	112,122				132,368				140,471				151,837				160,947				156,085
Past due loans over 90 days and still accruing interest		$	481				1,151				138				3,639				3,116				395
Restructured accruing loans (5)			12,990				15,285				20,468				13,468				10,861				9,534
Net loan charge-offs		$	8,605				9,726				7,146				7,346				33,463				15,123
Allowance for loan losses to nonaccrual loans			128.9	%			103.4	%			102.1	%			82.0	%			73.6	%			68.5	%
As a percentage of total loans:
Past due accruing loans over 30 days			0.40	%			0.36	%			0.30	%			0.67	%			0.66	%			1.54	%
Potential problem loans (6)			4.62	%			5.31	%			6.95	%			8.23	%			9.30	%			8.63	%
Allowance for loan losses			2.40	%			2.46	%			2.57	%			2.60	%			2.61	%			2.59	%
Nonperforming assets to total loans and ORE			3.44	%			4.04	%			4.29	%			4.60	%			4.77	%			4.45	%
Nonperforming assets to total assets			2.32	%			2.75	%			2.86	%			3.06	%			3.25	%			3.11	%
Annualized net loan charge-offs year-to-date to avg. loans (7)			1.14	%			1.22	%			1.96	%			2.26	%			2.84	%			1.74	%
Avg. commercial loan internal risk ratings (6)			4.8				4.8				4.8				4.9				4.9				4.9
Interest rates and yields:
Loans			4.87	%			4.88	%			4.99	%			4.96	%			4.74	%			4.74	%
Securities			3.67	%			3.58	%			3.48	%			3.97	%			4.45	%			4.63	%
Total earning assets			4.47	%			4.43	%			4.45	%			4.51	%			4.58	%			4.66	%
Total deposits, including non-interest bearing			0.90	%			1.01	%			1.16	%			1.27	%			1.36	%			1.42	%
Securities sold under agreements to repurchase			0.79	%			0.83	%			0.81	%			0.82	%			0.69	%			0.82	%
FHLB advances and other borrowings			2.42	%			2.65	%			2.60	%			2.90	%			2.88	%			2.87	%
Subordinated debt			2.73	%			2.73	%			2.72	%			3.78	%			3.63	%			3.52	%
Total deposits and interest-bearing liabilities			0.98	%			1.09	%			1.22	%			1.35	%			1.43	%			1.49	%
Capital ratios (8):
Stockholders’ equity to total assets			14.5	%			14.1	%			13.8	%			13.8	%			13.8	%			13.9	%
Leverage			11.2	%			11.0	%			10.7	%			10.5	%			10.4	%			10.6	%
Tier one risk-based			13.9	%			13.6	%			13.8	%			13.5	%			13.1	%			13.4	%
Total risk-based			15.5	%			15.2	%			15.4	%			15.1	%			14.8	%			15.0	%
Tangible common equity to tangible assets			7.7	%			7.4	%			7.1	%			7.2	%			7.1	%			7.4	%
Tangible common equity to risk weighted assets			9.6	%			9.1	%			9.1	%			9.3	%			9.0	%			9.1	%

This information is preliminary and based on company data available at the time of the presentation.

PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES
SELECTED QUARTERLY FINANCIAL DATA — UNAUDITED

		June				March				December				September				June				March
(dollars in thousands, except per share data)		2011				2011				2010				2010				2010				2010
Per share data:
Earnings (loss) — basic		$	0.14				0.06				0.07				0.02				(0.85	)			(0.16	)
Earnings (loss) — diluted		$	0.14				0.06				0.07				0.02				(0.85	)			(0.16	)
Book value per common share at quarter end (9)		$	17.71				17.19				17.22				17.61				17.61				18.20
Tangible common equity per common share		$	10.38				9.85				9.80				10.12				10.04				10.60
Weighted avg. common shares — basic			33,454,229				33,366,053				33,062,533				32,857,428				32,675,221				32,558,016
Weighted avg. common shares — diluted			34,095,636				34,013,810				33,670,890				33,576,963				32,675,221				32,558,016
Common shares outstanding			34,136,163				34,132,256				33,870,380				33,660,462				33,421,741				33,351,118
Investor information:
Closing sales price		$	15.56				16.54				13.58				9.19				12.85				15.11
High closing sales price during quarter		$	16.82				16.60				13.74				14.33				18.93				16.88
Low closing sales price during quarter		$	14.15				13.55				9.27				8.51				11.81				13.10
Other information:
Gains on sale of loans and loan participations sold:
Mortgage loan sales:
Gross loans sold		$	68,506				70,981				143,793				137,094				92,144				72,196
Gross fees (10)		$	1,380				1,129				2,610				2,503				1,669				1,157
Gross fees as a percentage of mortgage loans originated			2.01	%			1.59	%			1.81	%			1.83	%			1.81	%			1.60	%
Gains (losses) on sales of investment securities, net		$	610				(159	)			—				—				2,259				365
Brokerage account assets, at quarter-end (11)		$	1,101,000				1,110,000				1,038,000				966,000				921,000				974,000
Trust account assets, at quarter-end		$	663,304				730,000				693,000				647,000				627,000				648,000
Floating rate loans as a percentage of total loans (12)			34.7	%			35.4	%			36.9	%			37.9	%			37.8	%			38.9	%
Balance of commercial loan participations sold to other banks and serviced by Pinnacle, at quarter end		$	50,797				60,784				55,632				57,964				66,503				78,529
Core deposits (13)		$	3,182,920				3,109,972				3,117,969				2,925,673				2,781,748				2,676,016
Core deposits to total funding (13)			77.7	%			75.7	%			74.3	%			69.0	%			65.2	%			62.4	%
Risk-weighted assets		$	3,693,390				3,711,179				3,639,095				3,679,436				3,748,498				3,878,884
Total assets per full-time equivalent employee		$	6,538				6,373				6,384				6,349				6,229				6,389
Annualized revenues per full-time equivalent employee		$	261.3				237.7				230.4				235.0				233.1				232.4
Number of employees (full-time equivalent)			739.0				756.5				769.0				781.0				796.0				786.0
Associate retention rate (14)			89.6	%			92.4	%			93.5	%			95.2	%			97.3	%			96.6	%
Selected economic information (in thousands) (15):
Nashville MSA nonfarm employment			743.8				735.5				748.1				741.3				728.8				723.7
Knoxville MSA nonfarm employment			328.8				325.2				326.6				326.7				321.7				317.8
Nashville MSA unemployment			8.5	%			8.3	%			8.1	%			8.4	%			9.0	%			9.5	%
Knoxville MSA unemployment			7.7	%			7.5	%			7.3	%			7.8	%			8.1	%			8.8	%
Nashville residential median home price		$	167.1				166.8				171.0				178.0				171.3				159.4
Nashville inventory of residential homes for sale			14.0				13.0				13.3				14.9				14.9				14.1