Exhibit 21.1

List of Subsidiaries

Subsidiaries	Jurisdiction or State of Incorporation	Names Under Which Subsidiary Does Business (1)
Pinnacle Bank (2)	Tennessee
PFP Title Company (3)	Tennessee
Pinnacle Community Development, Inc. (3)	Tennessee
Pinnacle Community Development SLP, Inc. (3)	Tennessee
PNFP Statutory Trust I (4)	Connecticut
PNFP Statutory Trust II (4)	Delaware
PNFP Statutory Trust III (4)	Delaware
PNFP Statutory Trust IV (4)	Delaware
PNFP Holdings, Inc. (5)	Nevada
PNFP Properties, Inc. (6)	Maryland
Pinnacle Wealth Advisors, Inc. (7)	Tennessee
Apex Captive Insurance Company (7)	Tennessee
Miller, Loughry & Beach Insurance Services, Inc.	Tennessee	Miller Loughry Beach
PNB Holding Co. 1, Inc. (3)	Tennessee
PNFP Capital Markets, Inc. (3)	Tennessee
PNFP Aviation, LLC (3)	Tennessee
BNC Capital Trust I (4)	Delaware
BNC Capital Trust II (4)	Delaware
BNC Capital Trust III (4)	Delaware
BNC Capital Trust IV (4)	Delaware
Valley Financial (VA) Statutory Trust I (4)	Connecticut
Valley Financial (VA) Statutory Trust II (4)	Connecticut
Valley Financial Statutory Trust III (4)	Delaware
Southcoast Capital Trust III (4)	Delaware
BFNM Building, LLC	South Carolina
HPB Insurance Group, Inc. (3)	North Carolina
Pinnacle NC Investments, Inc. (3)	North Carolina
Advocate Capital, Inc. (3)	Tennessee
Advocap Insurance Agency, Inc. (8)	Tennessee
JB&B Capital, LLC (3)	Tennessee
PNFP SRC 2023 Solar Holdings, LLC (3)	Tennessee

(1)Unless otherwise noted, each Subsidiary only does business under its legal name as set forth under the heading "Subsidiaries."

(2)Pinnacle Bank is organized under the laws of the State of Tennessee and is a wholly-owned subsidiary of Pinnacle Financial Partners, Inc.

(3)PFP Title Company, Pinnacle Community Development, Inc., Pinnacle Community Development SLP, Inc., Miller, Loughry & Beach Insurance Services, Inc., PNB Holding Co. 1, Inc., PNFP Capital Markets, Inc., PNFP Aviation, LLC, HPB Insurance Group, Inc., Pinnacle NC Investments, Inc., Advocate Capital, Inc., JB&B Capital, LLC and PNFP SRC 2023 Solar Holdings, LLC are wholly-owned subsidiaries of Pinnacle Bank.

(4)These entities are statutory business trusts which were established to issue capital trust preferred securities.

(5)PNFP Holdings, Inc. is a wholly-owned subsidiary of PFP Title Company.

(6)PNFP Properties, Inc. is a wholly-owned subsidiary of PNFP Holdings, Inc.

(7)Pinnacle Wealth Advisors, Inc. and Apex Captive Insurance Company are wholly owned subsidiaries of Pinnacle Financial Partners, Inc.

(8)Advocap Insurance Agency, Inc. is a wholly-owned subsidiary of Advocate Capital, Inc.