Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) today said that its
management will participate in the Raymond James 31st Annual
Institutional Investor Conference in Orlando on March 9, 2010. M. Terry
Turner, president and chief executive officer, and Harold R. Carpenter,
executive vice president and chief financial officer, will represent the
company at the conference.
Pinnacle’s investor presentation is scheduled to begin at 7:30 a.m. ET
on March 9, and will be available to investors via a live webcast. The
presentation should last approximately 30 minutes. A link to the live
webcast can be found at the company’s website, www.pnfp.com
under Investor Relations. The event will be archived for replay for a
period of 90 days.
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, real estate
professionals 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 over $5.1 billion in assets at Dec. 31,
2009. In 2007, Pinnacle launched an expansion into Knoxville, another
high growth MSA. At Dec. 31, 2009, Pinnacle is the second-largest bank
holding company headquartered in Tennessee, with 31 offices in eight
Middle Tennessee counties and three in Knoxville. The firm was also
added to Standard & Poor’s SmallCap 600 index in 2009.
Additional information concerning Pinnacle 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," "intend," "plan,"
"believe," ”should,” "seek," "goal,” ”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 facts that may cause the actual results,
performance or achievements of Pinnacle to differ materially from any
results expressed or implied by such forward-looking statements. Such
factors 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 continue to grow its loan portfolio in the
Nashville-Davidson-Murfreesboro-Franklin MSA and the Knoxville MSA; (iv)
changes in capital levels and loan underwriting, credit review or loss
reserve policies associated with economic conditions, examination
conclusions, or regulatory developments; (v) increased competition with
other financial institutions; (vi) greater than anticipated
deterioration or lack of sustained growth 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; (vii) rapid fluctuations or unanticipated changes in
interest rates; (viii) the results of regulatory examinations; (ix) the
development of any new market other than Nashville or Knoxville; (x) a
merger or acquisition; (xi) any activity in the capital markets that
would cause Pinnacle to conclude that there was impairment of any asset,
including intangible assets; (xii) the impact of governmental
restrictions on entities participating in the Capital Purchase Program,
of the U.S. Department of the Treasury (the "Treasury”); and (xiii)
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. A more detailed description of these and
other risks is contained in Pinnacle's most recent annual report on Form
10-K filed with the Securities and Exchange Commission on February 26,
2010. Many of such factors are beyond Pinnacle's ability to control or
predict, and readers are cautioned not to put undue reliance on such
forward-looking statements. Pinnacle 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.
