Pinnacle Bank of South Carolina

Pinnacle Bank of South Carolina is headquartered in Greenville and is the 49^th largest bank in the state of South Carolina. It is also the 4,094^th largest bank in the nation. It was established in 2006 and as of March of 2012, it had grown to 28 employees at 2 locations. Pinnacle Bank of South Carolina has a 4-star health rating.

Pinnacle Bank of South Carolina Routing Number: 053208150

Data for Q1 2012

Institution Statistics Pinnacle Bank of South Carolina FDIC Certificate # 58179 BankRate Report View Year Established 2006 Employees 28 Primary Regulator FDIC Assets and Liabilities Assets $136.99 million Loans $96.01 million Deposits $109.08 million Equity Capital $17.55 million Loan Loss Allowance $1.96 million Unbacked Noncurrent Loans $2.99 million Real Estate Owned $1.55 million Historic Data - March 2011 Assets $127.58 million Equity Capital $16.53 million Loan Loss Allowance $1.70 million Unbacked Noncurrent Loans $3.01 million Real Estate Owned $2.39 million Profit Margin - Quarterly Net Interest Margin 4.06% Return on Assets 0.9% Return on Equity 7.11% Interest Income $1.44 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Pinnacle Bank of South Carolina had $4.54 million in non-current loans and owned real-estate with $19.51 million in equity and loan loss allowances on hand to cover it. This gives Pinnacle Bank of South Carolina a Texas Ratio of 23.26% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Pinnacle Bank of South Carolina decreased slightly from 29.58% as of March 31, 2011 to 23.26% as of March 31, 2012, resulting in a positive change of 21.37%.This indicates that the balance sheet and financial strength for Pinnacle Bank of South Carolina has improved slightly in recent periods. Deposit Growth In the past year, Pinnacle Bank of South Carolina has increased its total deposits by $9.54 million, resulting in 9.58% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Pinnacle Bank of South Carolina has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Pinnacle Bank of South Carolina has $136.99 million in assets with $19.51 million in equity, resulting in a capitalization level of 14.24%, which is excellent.

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