Exhibit 99.1
(PINNACLE LOGO)
FOR IMMEDIATE RELEASE
     
MEDIA CONTACT:
  Sue Atkinson, 615-320-7532
FINANCIAL CONTACT:
  Harold Carpenter, 615-744-3742
WEBSITE:
  www.pnfp.com
PINNACLE FINANCIAL REPORTS FOURTH QUARTER 2009 RESULTS
     NASHVILLE, Tenn., Jan. 19, 2010 — Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today reported its preliminary fourth quarter results. Loss per fully diluted common share available to common stockholders was $0.12 for the quarter ended Dec. 31, 2009, compared to earnings per fully diluted common share available to common stockholders for the quarter ended Dec. 31, 2008, of $0.31.
     Fully diluted loss per common share available to common stockholders was $1.46 for the year ended Dec. 31, 2009, compared to earnings per fully diluted common share available to common stockholders for the year ended Dec. 31, 2008, of $1.27.
SUMMARY OF KEY POINTS:
     During the fourth quarter, Pinnacle continued its emphasis on aggressively addressing problem loans and expanding the core earnings capacity of the firm. Specifically:
    Pinnacle increased the loan loss allowance and associated provision expense during the fourth quarter of 2009.
 
    Pinnacle’s 25.2 percent annual growth rate in core deposits (all deposits except time deposits greater than $100,000) reflects the continued growth in its client base in Nashville and Knoxville.
 
    Net interest margin increased from 3.05 percent for the quarter ended Sept. 30, 2009, to 3.19 percent for the quarter ended Dec. 31, 2009.
 
    Revenue (the sum of net interest income and noninterest income) grew 19.2 percent from the fourth quarter of 2008 to the fourth quarter of 2009.

 


The following information was filed by Pinnacle Financial Partners Inc (PNFP) on Wednesday, January 20, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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