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 Corporation (3) | Tennessee | |
| PNFP Statutory Trust I (4) | Connecticut | |
| PNFP Statutory Trust II (4) | Delaware | |
| PNFP Statutory Trust III (4) | Connecticut | |
| PNFP Statutory Trust IV (4) | Delaware | |
| PNFP Holdings, Inc. (5) | Nevada | |
| PNFP Properties, Inc. (6) | Maryland | |
| Pinnacle Advisory Services, Inc. (7) | Tennessee | |
| Pinnacle Credit Enhancement Holdings, Inc. (7) | Tennessee | |
| Pinnacle Rutherford Real Estate, Inc. (3) | Tennessee | |
| Pinnacle Nashville Real Estate, Inc. (3) | Tennessee | |
| Pinnacle Rutherford Towers, Inc.(3) | Tennessee | |
| Pinnacle Service Company, Inc.(3) | Tennessee | |
| PNFP Insurance, Inc.(7) | Nevada | |
| Miller & Loughry, Inc. (2) | Tennessee | Miller Loughry Beach |
| PNB Holding Co. 1, Inc. (3) | Tennessee | |
| PNB Holding Co. 2, Inc. (3) | Tennessee | |
| PNFP Capital Markets, Inc. (3) | Tennessee | |
| PNFP Aviation, LLC (3) | Tennessee | |
| Bank of North Carolina Capital Trust I (4) | Delaware | |
| Bank of North Carolina Capital Trust II (4) | Delaware | |
| Bank of North Carolina Capital Trust III (4) | Delaware | |
| Bank of North Carolina 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 | |
| Pinnacle Properties VA, 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. |
| (3) | PFP Title Company, Pinnacle Community Development Corporation, Pinnacle Rutherford Real Estate, Inc., Pinnacle Nashville Real Estate, Inc., Pinnacle Rutherford Towers, Inc., Pinnacle Service Company, Inc., Miller & Loughry, Inc., PNB Holding Co. 1, Inc., PNB Holding Co. 2, Inc., PNFP Capital Markets, Inc., PNFP Aviation, LLC, HPB Insurance Group, Inc., Pinnacle NC Investments, Inc., and Pinnacle Properties VA, 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 Advisory Services, Inc., Pinnacle Credit Enhancement Holdings, Inc. and PNFP Insurance, Inc. are wholly owned subsidiaries of Pinnacle Financial Partners, Inc. |