Pinnacle Financial Partners (PNFP) 10-K 2021 FY Annual report

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
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)	Tennessee
Miller, Loughry & Beach Insurance Services, Inc.	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
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
Pinnacle Properties VA, LLC (3)	Tennessee
Advocate Capital, Inc. (3)	Tennessee
Advocap Insurance Agency, Inc. (8)	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., Pinnacle Rutherford Real Estate, Inc., Pinnacle Nashville Real Estate, Inc., Pinnacle Rutherford Towers, Inc., Pinnacle Service Company, Inc., Miller, Loughry & Beach Insurance

Services, 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., Pinnacle Properties VA, LLC and Advocate Capital, Inc. 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., Pinnacle Credit Enhancement Holdings, Inc. and PNFP Insurance, Inc. are wholly owned subsidiaries of Pinnacle Financial Partners, Inc.

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