Pinnacle Financial Reports Fully-Diluted EPS up 83% Year-over-Year

  Pinnacle Financial Reports Fully-Diluted EPS up 83% Year-over-Year

               Loan growth up 14.0% over same quarter last year

Business Wire

NASHVILLE, Tenn. -- July 16, 2013

Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today reported net income
available to common stockholders of $14.3 million for the quarter ended June
30, 2013, up from net income available to common stockholders of $7.8 million
for the same quarter in 2012. Net income per diluted common share was $0.42
for the quarter ended June 30, 2013, compared to net income per diluted common
share of $0.23 for the quarter ended June 30, 2012, an increase of 82.6
percent.

Pinnacle also reported net income available to common stockholders of $27.8
million for the six months ended June 30, 2013, up from net income available
to common stockholders of $15.0 million for the same six-month period in 2012.
Net income per diluted common share was $0.81 for the six months ended June
30, 2013, compared to net income per diluted common share of $0.44 for the six
months ended June 30, 2012, an increase of 84.1 percent.

“Growing the core earnings capacity of our firm continues to be our No. 1
priority,” said M. Terry Turner, Pinnacle’s president and chief executive
officer. “Our second quarter loan growth and, just as importantly, the growth
we experienced in demand deposit accounts, demonstrate our ability to continue
to gather clients and, consequently, to grow loans, core deposits and revenues
in what we believe are two of the best banking markets in the country.”

GROWING THE CORE EARNINGS CAPACITY OF THE FIRM:

  *Loans at June 30, 2013, were a record $3.925 billion, an increase of
    $213.2 million from Dec. 31, 2012, and $480.7 million from June 30, 2012,
    a year-over-year growth rate of 14.0 percent.
  *Average balances of noninterest bearing deposit accounts were $1.0 billion
    in the second quarter of 2013, up 6.3 percent from the first quarter of
    2013 and up 34.0 percent over the same quarter last year.

  *Revenues excluding securities gains and losses for the quarter ended June
    30, 2013, were a record $55.0 million, an increase from $54.7 million last
    quarter and up 10 percent over the $50.0 million in revenues excluding
    securities gains and losses for the same quarter last year.
  *Consistent with previously disclosed expectations, the firm’s net interest
    margin decreased to 3.77 percent for the quarter ended June 30, 2013, down
    from 3.90 percent last quarter but up from 3.76 percent for the quarter
    ended June 30, 2012.
  *The firm’s efficiency ratio for the quarter ended June 30, 2013, was 56.2
    percent compared to 59.4 percent last quarter and 67.7 percent for the
    same quarter last year. The firm’s efficiency ratio, excluding the $1.39
    million in ORE expense and $771,000 in noncredit related loan losses, was
    52.9 percent for the second quarter of 2013.
  *Pre-tax pre-provision net income was $24.1 million for the quarter ended
    June 30, 2013, up 8.3 percent over the first quarter of 2013 and 48.7
    percent over the same quarter last year.

“We believe the loan growth we experienced in the second quarter puts us in a
great position to achieve our 11.5 percent compound annual growth targets by
year end 2014,” Turner said. “Additionally, we consider the operating account
the single most important product in establishing a high-quality commercial
banking relationship. When you have the client’s operating account, we believe
you have the primary banking relationship. Consequently, we are pleased to
report over $1.0 billion in average noninterest bearing account balances in
the second quarter, an increase of 34.0 percent over average balances for the
same quarter last year.

“Also, excluding securities gains and losses, our second quarter 2013 top-line
revenues represent another record for our firm. We expect to continue
increasing our revenues for the foreseeable future while essentially
maintaining our expense base, thus increasing our operating leverage. Having
now reached the low end of our targeted range, we believe a 1.10 to 1.30
percent ROAA target remains an appropriate profitability target for this
firm.”

OTHER SECOND QUARTER 2013 HIGHLIGHTS:

  *Revenue growth

       *Net interest income for the quarter ended June 30, 2013, was $43.6
         million, compared to $42.8 million in the first quarter of 2013 and
         $40.2 million for the second quarter of 2012. Net interest income for
         the second quarter of 2013 was up 8.5 percent year-over-year and is
         at its highest quarterly level since the firm’s founding in 2000.
       *Noninterest income for the quarter ended June 30, 2013, was $11.3
         million, compared to $11.9 million for the first quarter of 2013 and
         $9.9 million for the same quarter last year. Excluding securities
         gains and losses, noninterest income was down 4.6 percent on a
         linked-quarter basis but was up 15.7 percent over the same quarter
         last year.

            *Gains on mortgage loans sold, net of commissions, were $1.95
              million during the second quarter of 2013, compared to $1.86
              million during the first quarter of 2013 and $1.46 million
              during the second quarter of 2012. During the second quarter of
              2013, the volume of “purchase money” transactions (home purchase
              transactions versus refinance transactions) represented 49
              percent of total volumes compared to 32 percent for the first
              quarter of 2013. “Purchase money” transactions represented
              approximately 31 percent of mortgage volumes in 2012.
            *Insurance sales commissions decreased in the second quarter
              compared to the first quarter primarily due to the impact of
              annual carrier incentive awards that are typically received in
              the first quarter of each year.

            *Other noninterest income for the second quarter of 2013
              decreased by $458,000 from the first quarter of 2013 but
              increased by $586,000 over the second quarter of last year.In
              comparison to the first quarter of 2013, increases from
              interchange revenues were offset by a loss on an interest rate
              swap arrangement of $350,000 and a $421,000 non-cash charge due
              to the write-off of an impaired servicing asset. Both of these
              losses were attributable to the resolution of previously
              classified troubled loans.

“Operationally, we had a very sound quarter,” said Harold R. Carpenter,
Pinnacle’s chief financial officer. “We grew our core deposit base as more
clients in our targeted segments believe our value proposition offers more
benefits and higher service quality than the large regional and national
franchises.

“Also, as we have mentioned for the last several quarters, we anticipated a
decrease in our net interest margin in the second quarter of 2013. As compared
to the prior quarter, loan yields decreased by 17 basis points in the second
quarter, which was partially offset by decreases in funding costs of seven
basis points. Our current net interest margin forecast for 2013 of 3.70 to
3.80 percent remains consistent with margin expectations that we outlined at
the end of last quarter.”

Carpenter also noted that the increases in the intermediate and longer-term
treasury rates over the last several weeks will impact all banks if they are
sustained over an extended period of time.

“Since the firm is predominately short-term funded, we do not expect funding
costs to increase materially in the near term,” Carpenter said.“Additionally,
we do not anticipate immediate increases in rates for fixed rate loans given
the competitive market for high quality borrowers. Irrespective of these
factors, it will be the focus of the firm to increase quarterly revenues by
growing our client base and associated loans and deposits.”

  *Noninterest and income tax expense

       *Noninterest expense for the quarter ended June 30, 2013, was $30.9
         million, compared to $32.4 million in the first quarter of 2013 and
         $33.9 million in the second quarter of 2012.

            *Salaries and employee benefits costs were up from the first
              quarter of 2013 by approximately $1.00 million and by $1.33
              million from the same period last year due to increased
              associate incentive accruals.
            *Other real estate expenses were $1.39 million in the second
              quarter of 2013, compared to $721,000 in the first quarter of
              2013 and $3.1 million in the second quarter of 2012.

       *Income tax expense was $6.98 million for the second quarter of 2013,
         compared to $6.60 million in the first quarter of 2013 and $5.11
         million in the second quarter of 2012, resulting in an effective tax
         rate for the second quarter of 2013 of 32.8 percent.

Carpenter noted that, in the second quarter, other expenses were impacted by a
$2.0 million reversal of previously recorded allowance for off-balance sheet
exposure specifically attributable to a letter of credit that funded during
the second quarter of 2013. Accordingly, the $2.0 million reserve reversal was
offset by an increase in provision for loan losses of an equivalent amount
upon loan funding. Ultimately, during the second quarter of 2013, the firm
charged-off approximately $3.0 million of this borrower’s obligation as a
final resolution of this troubled loan.

Carpenter reaffirmed that, exclusive of ORE expenses and FHLB restructuring
charges, he anticipated expense increases for 2013 of 2 to 3 percent over
2012.

  *Asset Quality

       *Nonperforming assets declined by $2.09 million from March 31, 2013, a
         linked-quarter reduction of 5.40 percent and the 12th consecutive
         quarterly reduction. Nonperforming assets were 0.93 percent of total
         loans and ORE at June 30, 2013, compared to 1.91 percent for the same
         quarter last year and 1.02 percent last quarter.
       *Classified assets as a percentage of Tier 1 capital plus allowance
         were 23.3 percent at June 30, 2013, compared to 26.4 percent at March
         31, 2013, and 37.8 percent at June 30, 2012.
       *Allowance for loan losses represented 1.75 percent of total loans at
         June 30, 2013, compared to 1.84 percent at March 31, 2013, and 2.02
         percent at June 30, 2012. The ratio of the allowance for loan losses
         to nonperforming loans increased to 334.1 percent at June 30, 2013,
         from 317.9 percent at March 31, 2013, and 170.5 percent at June 30,
         2012.

            *Net charge-offs were $3.49 million for the quarter ended June
              30, 2013, compared to $2.40 million for the quarter ended June
              30, 2012, and $2.18 million for the first quarter of 2013.
              Annualized net charge-offs for the quarter ended June 30, 2013,
              were 0.36 percent compared to 0.28 percent for the quarter ended
              June 30, 2012. Annualized net charge-offs for the six months
              ended June 30, 2013, were 0.30 percent, well within the firm’s
              long-term profitability target for net charge-offs.
            *Gross charge-offs for the quarter ended June 30, 2013, were $7.8
              million and included the $3.0 million charge off to a single
              borrower referred to above. Recoveries for the quarter ended
              June 30, 2013, amounted to $4.3 million and included a recovery
              of approximately $2.9 million from an insurance settlement
              related to a fraud loss the firm experienced in 2011.
            *Provision for loan losses increased from $634,000 for the second
              quarter of 2012 to $2.77 million for the second quarter of 2013.

“We expect continued modest improvement in credit quality metrics during the
remainder of 2013,” Carpenter said. “Our special assets group continues to
have a bias toward accelerated disposition of troubled assets. We expect our
net charge-off ratio will range between 0.25 percent to 0.35 percent in 2013
compared to last year’s net charge-off ratio of 0.29 percent."

WEBCAST AND CONFERENCE CALL INFORMATION

Pinnacle will host a webcast and conference call at 8:30 a.m. (CDT) on July
17, 2013, to discuss second quarter 2013 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 almost $5.4 billion in assets at June 30, 2013. At June
30, 2013, Pinnacle is the second-largest bank holding company headquartered in
Tennessee, with 29 offices in eight Middle Tennessee counties and four offices
in Knoxville.

Additional information concerning Pinnacle, which was recently added to the
NADSAQ Financial-100 Index, 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 inability of Pinnacle Financial to 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 adverse conditions 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 ability to retain large, uninsured deposits
with the expiration of the FDIC’s transaction account guarantee program (xi)
the development of any new market other than Nashville or Knoxville; (xii) a
merger or acquisition; (xiii) any matter that would cause Pinnacle Financial
to conclude that there was impairment of any asset, including intangible
assets; (xiv) the ability to attract additional financial advisors or to
attract customers from other financial institutions; (xv) further
deterioration in the valuation of other real estate owned and increased
expenses associated therewith; (xvi) inability to comply with regulatory
capital requirements, including those resulting from recently adopted changes
to capital calculation methodologies and required capital maintenance levels;
and, (xvii) 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. 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 22, 2013 and Pinnacle Financial’s most recent quarterly report on
Form 10-Q filed with the Securities and Exchange Commission on May 3, 2013.
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, 2013         December 31, 2012 
  ASSETS
  Cash and
  noninterest-bearing due        $ 70,623,888              $ 51,946,542
  from banks
  Interest-bearing due             162,365,672               111,535,083
  from banks
  Federal funds sold and         8,181,484           1,807,044      
  other
  Cash and cash                    241,171,044               165,288,669
  equivalents
                                                                             
  Securities
  available-for-sale, at           687,832,401               706,577,806
  fair value
  Securities
  held-to-maturity (fair
  value of $39,010,480 and         40,056,711                574,863
  $583,212 at June 30,
  2013 and December 31,
  2012, respectively)
  Mortgage loans                   27,962,675                41,194,639
  held-for-sale
                                                                             
  Loans                            3,925,364,586             3,712,162,430
  Less allowance for loan        (68,694,868   )      (69,417,437   ) 
  losses
  Loans, net                       3,856,669,718             3,642,744,993
                                                                             
  Premises and equipment,          75,840,853                75,804,895
  net
  Other investments                30,371,218                26,962,890
  Accrued interest                 15,654,018                14,856,615
  receivable
  Goodwill                         243,900,240               244,040,421
  Core deposit and other           4,334,100                 5,103,273
  intangible assets
  Other real estate owned          15,991,835                18,580,097
  Other assets                   133,383,112         98,819,455     
  Total assets                  $ 5,373,167,925      $ 5,040,548,616  
                                                                             
  LIABILITIES AND
  STOCKHOLDERS’ EQUITY
  Deposits:
  Noninterest-bearing            $ 1,098,887,282           $ 985,689,460
  Interest-bearing                 817,562,583               760,786,247
  Savings and money market         1,607,689,457             1,662,256,403
  accounts
  Time                           572,438,682         606,455,873    
  Total deposits                   4,096,578,004             4,015,187,983
  Securities sold under            117,345,727               114,667,475
  agreements to repurchase
  Federal Home Loan Bank           325,762,333               75,850,390
  advances
  Subordinated debt and            99,908,292                106,158,292
  other borrowings
  Accrued interest payable         1,037,150                 1,360,598
  Other liabilities              35,967,600          48,252,519     
  Total liabilities                4,676,599,106             4,361,477,257
                                                                             
  Stockholders’ equity:
  Preferred stock, no par
  value; 10,000,000 shares         -                         -
  authorized; no shares
  issued and outstanding
  Common stock, par value
  $1.00; 90,000,000 shares
  authorized; 35,073,763
  shares and 34,696,597            35,073,763                34,696,597
  shares issued and
  outstanding at June 30,
  2013 and December 31,
  2012, respectively
  Additional paid-in               545,963,974               543,760,439
  capital
  Retained earnings                115,145,346               87,386,689
  Accumulated other
  comprehensive income,          385,736             13,227,634     
  net of taxes
  Stockholders’ equity           696,568,819         679,071,359    
  Total liabilities and         $ 5,373,167,925      $ 5,040,548,616  
  stockholders’ equity
                                                                             
  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 INCOME – UNAUDITED
                                                                        
                     Three Months Ended                          Six Months Ended
                     June 30,                                    June 30,
                2013               2012             2013               2012         
  Interest
  income:
  Loans,
  including          $ 42,149,149           $ 39,288,048         $ 83,663,362           $ 77,925,767
  fees
  Securities
  Taxable              3,650,766              4,453,956            7,321,700              9,383,240
  Tax-exempt           1,483,965              1,647,852            3,140,373              3,350,998
  Federal
  funds sold         260,440          563,638         575,212          1,117,577  
  and other
  Total
  interest           47,544,320       45,953,494      94,700,647       91,777,582 
  income
                                                                                                     
  Interest
  expense:
  Deposits             2,955,985              4,298,849            6,368,381              9,126,325
  Securities
  sold under
  agreements           70,823                 115,450              148,639                271,026
  to
  repurchase
  Federal Home
  Loan Bank
  advances and       918,762          1,354,132       1,826,403        2,691,163  
  other
  borrowings
  Total
  interest           3,945,570        5,768,431       8,343,423        12,088,514 
  expense
  Net interest         43,598,750             40,185,063           86,357,224             79,689,068
  income
  Provision
  for loan           2,774,048        634,072         4,946,452        1,668,317  
  losses
  Net interest
  income after
  provision            40,824,702             39,550,991           81,410,772             78,020,751
  for loan
  losses
                                                                                                     
  Noninterest
  income:
  Service
  charges on           2,540,866              2,439,376            5,021,110              4,763,338
  deposit
  accounts
  Investment           1,895,398              1,610,883            3,688,038              3,257,661
  services
  Insurance
  sales                1,107,696              1,141,163            2,501,000              2,428,723
  commissions
  Gain on
  mortgage             1,948,531              1,456,783            3,803,942              2,951,255
  loans sold,
  net
  Gain (loss)
  on sale of
  investment           (25,241    )           98,917               (25,241    )           212,517
  securities,
  net
  Trust fees           880,204                770,239              1,824,536              1,565,674
  Other
  noninterest        2,978,266        2,392,485       6,414,691        4,680,016  
  income
  Total
  noninterest        11,325,720       9,909,846       23,228,076       19,859,184 
  income
                                                                                                     
  Noninterest
  expense:
  Salaries and
  employee             20,570,753             19,237,178           40,143,109             39,029,744
  benefits
  Equipment
  and                  5,204,159              5,053,111            10,317,209             10,061,766
  occupancy
  Other real
  estate               1,390,606              3,104,276            2,111,568              7,780,340
  expense
  Marketing
  and other            987,171                739,774              1,777,842              1,525,099
  business
  development
  Postage and          517,667                615,725              1,109,155              1,179,019
  supplies
  Amortization
  of                   248,186                686,067              769,173                1,372,134
  intangibles
  Other
  noninterest        1,943,190        4,479,403       7,073,685        8,787,138  
  expense
  Total
  noninterest        30,861,732       33,915,534      63,301,741       69,735,240 
  expense
  Income
  before               21,288,690             15,545,303           41,337,107             28,144,695
  income taxes
  Income tax         6,978,160        5,105,659       13,578,452       9,340,097  
  expense
  Net income           14,310,530             10,439,644           27,758,655             18,804,598
  Preferred            -                      760,349              -                      1,660,868
  dividends
  Accretion on
  preferred          -                1,894,525       -                2,153,172  
  stock
  discount
  Net income
  available to      $ 14,310,530      $ 7,784,770      $ 27,758,655      $ 14,990,558 
  common
  stockholders
                                                                                                     
  Per share
  information:
  Basic net
  income per
  common share      $ 0.42            $ 0.23           $ 0.81            $ 0.44       
  available to
  common
  stockholders
  Diluted net
  income per
  common share      $ 0.42            $ 0.23           $ 0.81            $ 0.44       
  available to
  common
  stockholders
                                                                                                     
  Weighted
  average
  shares
  outstanding:
  Basic                34,172,274             33,885,779           34,080,281             33,848,825
  Diluted              34,431,054             34,470,794           34,319,796             34,447,526
                                                                                                     
  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            2013              2013            2012            2012            2012            2012        
  thousands)
                                                                                                                                              
  Balance sheet data,
  at quarter end:
  Commercial real
  estate - mortgage         $ 1,308,873           1,278,639           1,178,196           1,167,136           1,167,068           1,123,690
  loans
  Consumer real
  estate - mortgage           697,490             675,632             679,927             680,890             687,002             688,817
  loans
  Construction and
  land development            298,509             306,433             313,552             312,788             289,061             281,624
  loans
  Commercial and              1,504,086           1,403,428           1,446,577           1,279,050           1,227,275           1,180,578
  industrial loans
  Consumer and other          116,407             108,232             93,910              85,300              74,277              63,160
  Total loans                 3,925,365           3,772,364           3,712,162           3,525,164           3,444,683           3,337,869
  Allowance for loan          (68,695   )         (69,411   )         (69,417   )         (69,092   )         (69,614   )         (71,379   )
  losses
  Securities                  727,889             724,004             707,153             739,280             790,493             839,769
  Total assets                5,373,168           5,070,935           5,040,549           4,871,386           4,931,878           4,789,583
  Noninterest-bearing         1,098,887           977,496             985,689             844,480             806,402             756,909
  deposits
  Total deposits              4,096,578           3,902,895           4,015,188           3,719,287           3,709,820           3,605,291
  Securities sold
  under agreements to         117,346             129,100             114,667             134,787             127,623             118,089
  repurchase
  FHLB advances               325,762             200,796             75,850              190,887             270,995             226,032
  Subordinated debt
  and other                   99,908              105,533             106,158             106,783             122,476             97,476
  borrowings
  Total stockholders’         696,569             691,434             679,071             672,824             659,287             718,665
  equity
                                                                                                                                              
  Balance sheet data,
  quarterly averages:
  Total loans               $ 3,845,476           3,681,686           3,580,056           3,488,736           3,402,671           3,280,030
  Securities                  745,969             714,104             719,861             766,547             818,795             875,509
  Total earning               4,710,534           4,513,273           4,493,216           4,379,742           4,365,715           4,316,973
  assets
  Total assets                5,210,600           4,992,018           4,964,521           4,860,394           4,847,583           4,820,951
  Noninterest-bearing         1,012,718           952,853             978,366             799,508             755,594             701,760
  deposits
  Total deposits              3,963,393           3,949,742           3,883,423           3,705,672           3,636,240           3,597,271
  Securities sold
  under agreements to         129,550             130,740             142,333             136,918             130,711             129,892
  repurchase
  FHLB advances               293,581             98,989              124,781             214,271             232,606             238,578
  Subordinated debt
  and other                   102,573             106,777             108,489             112,406             101,872             97,476
  borrowings
  Total stockholders’         699,559             688,241             680,383             669,673             718,841             719,788
  equity
                                                                                                                                              
  Statement of
  operations data,
  for the three
  months ended:
  Interest income           $ 47,544              47,156              47,203              46,441              45,953              45,824
  Interest expense          3,945          4,398          4,960          5,509          5,768          6,320      
  Net interest income         43,599              42,758              42,243              40,932              40,185              39,504
  Provision for loan        2,774          2,172          2,488          1,413          634            1,034      
  losses
  Net interest income
  after provision for         40,825              40,586              39,755              39,519              39,551              38,470
  loan losses
  Noninterest income          11,326              11,902              13,108              10,430              9,910               9,949
  Noninterest expense       30,862         32,440         34,851         33,578         33,916         35,820     
  Income before taxes         21,289              20,048              18,012              16,371              15,545              12,599
  Income tax expense          6,978               6,600               6,282               5,022               5,106               4,234
  Preferred dividends       -              -              -              -              2,655          1,159      
  and accretion
  Net income
  available to common      $ 14,311         13,448         11,730         11,349         7,785          7,206      
  stockholders
                                                                                                                                              
  Profitability and
  other ratios:
  Return on avg.              1.10      %         1.09      %         0.94      %         0.93      %         0.65      %         0.60      %
  assets (1)
  Return on avg.              8.21      %         7.92      %         6.86      %         6.74      %         4.36      %         4.03      %
  equity (1)
  Return on avg.              12.72     %         12.41     %         10.83     %         10.76     %         6.69      %         6.19      %
  tangible equity (1)
  Net interest margin         3.77      %         3.90      %         3.80      %         3.78      %         3.76      %         3.74      %
  (1) (2)
  Noninterest income
  to total revenue            20.62     %         21.77     %         23.68     %         20.31     %         19.78     %         20.12     %
  (3)
  Noninterest income          0.87      %         0.97      %         1.05      %         0.85      %         0.82      %         0.83      %
  to avg. assets (1)
  Noninterest exp. to         2.38      %         2.64      %         2.79      %         2.75      %         2.81      %         2.99      %
  avg. assets (1)
  Noninterest expense
  (excluding ORE and
  FHLB prepayment             2.27      %         2.51      %         2.52      %         2.55      %         2.56      %         2.60      %
  charges) to avg.
  assets (1)
  Efficiency ratio            56.19     %         59.35     %         62.96     %         65.38     %         67.70     %         72.43     %
  (4)
  Avg. loans to               97.02     %         93.21     %         92.19     %         94.15     %         93.58     %         91.18     %
  average deposits
  Securities to total         13.55     %         14.28     %         14.03     %         15.18     %         16.03     %         17.53     %
  assets
                                                                                                                                              
  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            June 30, 2013                                   June 30, 2012                               
  thousands)
                           Average         Interest     Rates/     Average         Interest     Rates/ 
                            Balances                             Yields         Balances                             Yields
  Interest-earning
  assets
  Loans ^ (1)               $ 3,845,476         $ 42,149         4.41 %         $ 3,402,671         $ 39,288         4.65 %
  Securities
  Taxable                     575,611             3,651          2.54 %           635,678             4,454          2.82 %
  Tax-exempt ^ (2)            170,358             1,484          4.66 %           183,117             1,648          4.83 %
  Federal funds sold        119,089        260        1.04 %      144,249        564        1.70 % 
  and other
  Total
  interest-earning            4,710,534        $ 47,544     4.10 %          4,365,715        $ 45,954     4.29 % 
  assets
  Nonearning assets
  Intangible assets           248,439                                             250,974
  Other nonearning          251,627                                          230,894   
  assets
  Total assets             $ 5,210,600                                       $ 4,847,583 
                                                                                                                            
  Interest-bearing
  liabilities
  Interest-bearing
  deposits:
  Interest checking         $ 790,043           $ 536            0.27 %         $ 685,353           $ 781            0.46 %
  Savings and money           1,581,868           1,381          0.35 %           1,540,755           1,967          0.51 %
  market
  Time                      578,764        1,039      0.72 %      654,538        1,551      0.95 % 
  Total
  interest-bearing            2,950,675           2,956          0.40 %           2,880,646           4,299          0.60 %
  deposits
  Securities sold
  under agreements to         129,550             71             0.22 %           130,711             115            0.36 %
  repurchase
  Federal Home Loan           293,581             223            0.31 %           232,606             616            1.07 %
  Bank advances
  Subordinated debt
  and other                 102,573        695        2.72 %      101,872        738        2.91 % 
  borrowings
  Total
  interest-bearing            3,476,379           3,945          0.46 %           3,345,835           5,768          1.27 %
  liabilities
  Noninterest-bearing       1,012,718      -          -          755,594        -          -     
  deposits
  Total deposits and
  interest-bearing            4,489,097        $ 3,945      0.35 %          4,101,429        $ 5,768      0.57 % 
  liabilities
  Other liabilities           21,944                                              27,313
  Stockholders’             699,559                                          718,841   
  equity
  Total liabilities
  and stockholders’        $ 5,210,600                                       $ 4,847,583 
  equity
  Net interest income                          $ 43,599                                          $ 40,186 
  Net interest spread                                            3.65 %                                              3.60 %
  ^(3)
  Net interest margin                                            3.77 %                                              3.76 %
  ^ (4)
                                                                                                                            
                                                                                                                            
  
  (1) Average balances of nonperforming loans are included in the above amounts.
  (2) Yields computed on tax-exempt instruments on a tax equivalent basis.
  (3) Yields realized on interest-bearing assets less the rates paid on interest-bearing liabilities. The net interest spread
  calculation excludes the impact of demand deposits. Had the impact of demand deposits been included, the net interest
  spread for the quarter ended June 30, 2013 would have been 3.75% compared to a net interest spread of 3.73% for the quarter
  ended June 30, 2012.
  (4) Net interest margin is the result of annualized net interest income calculated on a tax equivalent basis divided by
  average interest-earning assets for the period.
                                                                                                                            
                                                                                                                            
  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            June 30, 2013                                   June 30, 2012                               
  thousands)
                           Average         Interest     Rates/     Average         Interest     Rates/ 
                            Balances                             Yields         Balances                             Yields
  Interest-earning
  assets
  Loans ^ (1)               $ 3,764,033         $ 83,663         4.49 %         $ 3,341,350         $ 77,927         4.70 %
  Securities
  Taxable                     556,885             7,322          2.65 %           662,162             9,383          2.85 %
  Tax-exempt ^ (2)            173,240             3,140          4.88 %           184,990             3,351          4.86 %
  Federal funds sold        118,290        575        1.14 %      152,840        1,117      1.59 % 
  and other
  Total
  interest-earning            4,612,448        $ 94,700     4.19 %          4,341,342        $ 91,778     4.31 % 
  assets
  Nonearning assets
  Intangible assets           248,688                                             251,321
  Other nonearning          240,787                                          241,558   
  assets
  Total assets             $ 5,101,923                                       $ 4,834,221 
                                                                                                                            
  Interest-bearing
  liabilities
  Interest-bearing
  deposits:
  Interest checking         $ 782,631           $ 1,142          0.29 %         $ 675,111           $ 1,606          0.48 %
  Savings and money           1,607,151           3,005          0.38 %           1,541,063           4,109          0.54 %
  market
  Time                      583,873        2,221      0.77 %      671,810        3,412      1.02 % 
  Total
  interest-bearing            2,973,655           6,368          0.43 %           2,887,984           9,127          0.64 %
  deposits
  Securities sold
  under agreements to         130,141             149            0.23 %           130,301             271            0.42 %
  repurchase
  Federal Home Loan           196,822             414            0.42 %           235,591             1,226          1.05 %
  Bank advances
  Subordinated debt
  and other                 104,663        1,412      2.72 %      99,674         1,465      2.96 % 
  borrowings
  Total
  interest-bearing            3,405,281           8,343          0.49 %           3,353,550           12,089         1.28 %
  liabilities
  Noninterest-bearing       982,951        -          -          728,724        -          -     
  deposits
  Total deposits and
  interest-bearing            4,388,232        $ 8,343      0.38 %          4,082,274        $ 12,089     0.60 % 
  liabilities
  Other liabilities           19,759                                              32,633
  Stockholders’             693,932                                          719,314   
  equity
  Total liabilities
  and stockholders’        $ 5,101,923                                       $ 4,834,221 
  equity
  Net interest income                          $ 86,357                                          $ 79,689 
  Net interest spread                                            3.70 %                                              3.59 %
  ^(3)
  Net interest margin                                            3.83 %                                              3.75 %
  ^ (4)
                                                                                                                            
                                                                                                                            
  
  (1) Average balances of nonperforming loans are included in the above amounts.
  (2) Yields computed on tax-exempt instruments on a tax equivalent basis.
  (3) Yields realized on interest-earning assets less the rates paid on interest-bearing liabilities. The net interest spread
  calculation excludes the impact of demand deposits. Had the impact of demand deposits been included, the net interest
  spread for the six months ended June 30, 2013 would have been 3.81% compared to a net interest spread of 3.72% for the six
  months ended June 30, 2012.
  (4) Net interest margin is the result of annualized net interest income calculated on a tax equivalent basis divided by
  average interest-earning assets for the period.
                                                                                                                            
                                                                                                                            
  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         2013           2013         2012         2012          2012         2012     
  thousands)
                                                                                                                          
  Asset quality
  information and
  ratios:
  Nonperforming
  assets:
  Nonaccrual loans       $ 20,561           21,837           22,823           36,571            40,821           42,852
  Other real             15,992      16,802      18,580      21,817       25,450      34,019  
  estate (ORE)
  Total
  nonperforming         $ 36,553      38,639      41,403      58,388       66,271      76,871  
  assets
  Past due loans
  over 90 days and       $ 747              152              -                162               -                821
  still accruing
  interest
  Troubled debt
  restructurings         $ 20,427           20,667           27,450           24,090            26,626           22,832
  (5)
                                                                                                                          
  Net loan               $ 3,491            2,178            2,163            1,935             2,399            3,630
  charge-offs
  Allowance for
  loan losses to           334.1  %         317.9  %         304.2  %         188.9   %         170.5  %         166.6  %
  nonperforming
  loans
  As a percentage
  of total loans:
  Past due
  accruing loans           0.39   %         0.23   %         0.29   %         0.35    %         0.21   %         0.34   %
  over 30 days
  Potential
  problem loans            2.11   %         2.57   %         2.84   %         3.13    %         3.49   %         3.78   %
  (6)
  Allowance for            1.75   %         1.84   %         1.87   %         1.96    %         2.02   %         2.14   %
  loan losses
  Nonperforming
  assets to total          0.93   %         1.02   %         1.11   %         1.65    %         1.91   %         2.28   %
  loans and ORE
  Nonperforming
  assets to total          0.68   %         0.76   %         0.82   %         1.20    %         1.34   %         1.60   %
  assets
  Annualized net
  loan charge-offs
  to year-to-date          0.30   %         0.24   %         0.29   %         0.31    %         0.36   %         0.44   %
  to avg. loans
  (7)
  Avg. commercial
  loan internal            4.5              4.5              4.5              4.6               4.6              4.7
  risk ratings (6)
                                                                                                                          
  Interest rates
  and yields:
  Loans                    4.41   %         4.58   %         4.64   %         4.62    %         4.65   %         4.74   %
  Securities               3.03   %         3.34   %         3.16   %         3.19    %         3.27   %         3.31   %
  Total earning            4.10   %         4.30   %         4.24   %         4.28    %         4.29   %         4.33   %
  assets
  Total deposits,
  including                0.30   %         0.35   %         0.38   %         0.43    %         0.47   %         0.63   %
  non-interest
  bearing
  Securities sold
  under agreements         0.22   %         0.24   %         0.24   %         0.29    %         0.36   %         0.48   %
  to repurchase
  FHLB advances            0.31   %         0.78   %         1.24   %         1.15    %         1.07   %         1.03   %
  Subordinated
  debt and other           2.72   %         2.72   %         2.77   %         2.84    %         2.91   %         3.00   %
  borrowings
  Total deposits
  and                      0.35   %         0.42   %         0.46   %         0.53    %         0.57   %         0.63   %
  interest-bearing
  liabilities
                                                                                                                          
  Pinnacle
  Financial
  Partners capital
  ratios (8):
  Stockholders’
  equity to total          13.0   %         13.6   %         13.5   %         13.8    %         13.4   %         15.0   %
  assets
  Leverage                 10.7   %         10.8   %         10.6   %         10.5    %         10.3   %         11.7   %
  Tier one                 11.7   %         11.7   %         11.8   %         12.1    %         12.0   %         14.0   %
  risk-based
  Total risk-based         12.9   %         13.0   %         13.0   %         13.4    %         13.5   %         15.4   %
  Tier one common
  equity to                9.9    %         9.9    %         9.9    %         10.1    %         10.0   %         10.1   %
  risk-weighted
  assets
  Tangible common
  equity to                8.8    %         9.2    %         9.0    %         9.2     %         8.7    %         8.8    %
  tangible assets
  Pinnacle Bank
  ratios
  Classified asset         23.3   %         26.4   %         29.4   %         33.4    %         37.8   %         39.3   %
  ratio
  Leverage                 10.5   %         10.7   %         10.5   %         10.5    %         10.4   %         10.6   %
  Tier one                 11.5   %         11.6   %         11.6   %         12.0    %         12.0   %         12.6   %
  risk-based
  Total risk-based         12.7   %         12.8   %         12.9   %         13.3    %         13.3   %         14.1   %
                                                                                                                          
  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,        2013               2013             2012             2012             2012             2012         
  except per
  share data)
                                                                                                                                               
  Per share
  data:
  Earnings –           $ 0.42                 0.40                 0.35                 0.33                 0.23                 0.21
  basic
  Earnings –           $ 0.42                 0.39                 0.34                 0.33                 0.23                 0.21
  diluted
  Book value per
  common share         $ 19.86                19.74                19.57                19.39                18.92                18.66
  at quarter end
  (9)
  Tangible
  common equity        $ 12.78                12.64                12.39                12.19                11.79                11.50
  per common
  share
                                                                                                                                               
  Weighted avg.
  common shares          34,172,274           33,987,265           33,960,664           33,939,248           33,885,779           33,811,871
  – basic
  Weighted avg.
  common shares          34,431,054           34,206,202           34,527,479           34,523,076           34,470,794           34,423,898
  – diluted
  Common shares          35,073,763           35,022,487           34,696,597           34,691,659           34,675,913           34,616,013
  outstanding
                                                                                                                                               
  Investor
  information:
  Closing sales        $ 25.71                23.36                18.84                19.32                19.51                18.35
  price
  High closing
  sales price          $ 26.17                23.73                20.60                20.38                19.51                18.44
  during quarter
  Low closing
  sales price          $ 21.68                19.29                18.05                18.88                16.64                15.25
  during quarter
                                                                                                                                               
  Other
  information:
  Gains on
  mortgage loans
  sold:
  Mortgage loan
  sales:
  Gross loans          $ 123,181              120,569              132,485              130,277              105,486              119,426
  sold
  Gross fees           $ 3,346                3,158                3,269                3,193                2,511                2,608
  (10)
  Gross fees as
  a percentage
  of mortgage            2.72       %         2.62       %         2.47       %         2.45       %         2.38       %         2.18       %
  loans
  originated
  Gains (losses)
  on sales of
  investment           $ (25        )         -                    1,988                (50        )         99                   114
  securities,
  net of OTTI
  Brokerage
  account
  assets, at           $ 1,387,172            1,333,676            1,242,379            1,244,100            1,191,259            1,176,180
  quarter-end
  (11)
  Trust account
  managed              $ 630,322              515,970              496,264              465,983              462,487              461,719
  assets, at
  quarter-end
  Balance of
  commercial
  loan
  participations
  sold to other        $ 45,585               42,721               39,668               40,662               54,598               52,155
  banks and
  serviced by
  Pinnacle, at
  quarter end
  Core deposits        $ 3,771,425            3,638,402            3,775,203            3,480,410            3,476,224            3,414,501
  (12)
  Core deposits
  to total               81.3       %         86.8       %         89.9       %         86.1       %         82.2       %         84.4       %
  funding (12)
  Risk-weighted        $ 4,531,730            4,388,341            4,239,384            4,033,407            3,992,473            3,826,678
  assets
  Total assets
  per full-time        $ 7,335                7,038                6,900                6,715                6,724                6,442
  equivalent
  employee
  Annualized
  revenues per
  full-time            $ 300.8                307.7                301.4                281.6                273.9                266.8
  equivalent
  employee
  Number of
  employees              732.5                720.5                730.5                725.5                733.5                743.5
  (full-time
  equivalent)
  Associate
  retention rate         93.0       %         91.2       %         93.2       %         93.4       %         94.0       %         93.7       %
  (13)
                                                                                                                                               
  Selected
  economic
  information
  (in thousands)
  (14):
  Nashville MSA
  nonfarm                815.8                802.2                810.7                793.8                782.3                777.9
  employment -
  May 2013
  Knoxville MSA
  nonfarm                340.0                335.3                335.9                332.6                328.4                329.5
  employment -
  May 2013
  Nashville MSA
  unemployment -         6.8        %         6.2        %         6.3        %         6.6        %         6.9        %         6.6        %
  May 2013
  Knoxville MSA
  unemployment -         7.2        %         6.5        %         6.2        %         6.4        %         6.7        %         6.2        %
  May 2013
  Nashville
  residential
  median home          $ 205.9                169.0                181.0                177.1                175.5                168.5
  price - June
  2013
  Nashville
  inventory of
  residential            10.5                 9.9                  9.1                  11.0                 11.8                 11.8
  homes for sale
  - June 2013
  (16)
                                                                                                                                               
  This information is preliminary and based on company data available at the time of the presentation.
  


  PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES
 RECONCILIATION OF NON-GAAP SELECTED QUARTERLY FINANCIAL DATA – UNAUDITED
                                                                                                 
                   June                  March               December            September           June                March
  (dollars
  in
 thousands,    2013              2013            2012            2012            2012            2012        
  except per
  share
  data)
                                                                                                                                     
  Tangible
  assets:
  Total            $ 5,373,168           5,070,935           5,040,549           4,871,386           4,931,878           4,789,583
  assets
  Less:              (243,900  )         (244,012  )         (244,040  )         (244,045  )         (244,065  )         (244,072  )
  Goodwill
  Core
  deposit                                                                        *Story
  and other        (4,334    )     (4,582    )     (5,103    )     too
  intangible                                                                     large*
  assets

[TRUNCATED]