Pinnacle Bank Ranked the Number 2 Top Performing Bank in the Country with Assets Between $150 to $300 million by Independent Community Bankers of America, (ICBA)
Business Wire - Thu Jun 12, 3:02PM CDT
Pinnacle Bank (OTCBB: PBNK), headquartered in Gilroy, California, has been ranked number 2 in the country by ICBA of top performing member banks with assets between $150 and $300 million. ICBA utilized year-end FDIC call report earnings data to identify the top 25 community banks in six asset-size categories. Each top-25 listing measures community banks by their return on average asset (ROA) and return on average equity (ROE) ratios for all of 2013.
Pinnacle Bank Ranks Number 31 in American Banker Magazine's Top 200 Community Banks and Thrifts
Business Wire - Tue May 20, 2:05PM CDT
PBNK - Pinnacle Bank, headquartered in Gilroy, California, was ranked 31st out of 200 top performing community banks and thrifts in the United States by the American Banker Magazine. A total of 851 institutions, with less than $2 billion in assets, were considered for the nationwide ranking. Ranking was based on a 3-year average return on equity of 7.8% or higher. Pinnacle Bank's ROE was 14%.
Pinnacle Bank Appoints Paul Bruno to Board of Directors
Business Wire - Mon Mar 31, 9:00AM CDT
PBNK - Pinnacle Bank, headquartered in Gilroy announced today that Paul Bruno has been appointed to its Board of Directors.
Pinnacle Bank Announces 2013 Results
Business Wire - Tue Feb 04, 12:23PM CST
PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for 2013 of $6,450,000 compared to $190,000 in 2012. The 2013 net income included an income tax credit of $5,697,000 related to the reversal of the valuation allowance for deferred tax assets.
Pinnacle Bank Announces Q2 2013 Results
Business Wire - Mon Jul 29, 3:15PM CDT
PBNK.OB - Pinnacle Bank, headquartered in Gilroy, California, announced today net income for the second quarter of 2013 of $145,000 compared to $267,000 in the comparable quarter of 2012. The Q2 2013 provision for loan losses was $79,000 while there was no provision in Q2 2012.
Kurt Michielssen Joins Pinnacle Bank as Senior Vice President, Senior Relationship Manager
Business Wire - Tue Jan 22, 11:46AM CST
Pinnacle Bank (OTCBB: PBNK) announced today that prominent South County banker, Kurt Michielssen has joined the bank as Senior Vice President, Senior Relationship Manager.