Pinnacle Bank

Pinnacle Bank Locations
2206 South Center Street
Marshalltown, IA 50158
www.bankpinnacle.us

Pinnacle Bank is headquartered in Marshalltown and is the 138th largest bank in the state of Iowa. It is also the 4,070th largest bank in the nation. It was established in 1927 and as of March of 2012, it had grown to 22 employees at 1 location. Pinnacle Bank has a 5-star health rating.

Pinnacle Bank Routing Number: 073920777

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2008



Data for Q1 2012


Institution Statistics


Pinnacle Bank
FDIC Certificate #252
BankRate ReportView
Year Established1927
Employees22
Primary RegulatorFED

Assets and Liabilities

Assets$138.59 million
Loans$34.16 million
Deposits$111.70 million
Equity Capital$16.17 million
Loan Loss Allowance$523,000
Unbacked Noncurrent Loans$363,000
Real Estate Owned$766,000

Historic Data - March 2011

Assets$82.04 million
Equity Capital$13.35 million
Loan Loss Allowance$390,000
Unbacked Noncurrent Loans$576,000
Real Estate Owned$903,000

Profit Margin - Quarterly

Net Interest Margin2.86%
Return on Assets0.84%
Return on Equity6.37%
Interest Income$877,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 had $1.13 million in non-current loans and owned real-estate with $16.7 million in equity and loan loss allowances on hand to cover it. This gives Pinnacle Bank a Texas Ratio of 6.76% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Pinnacle Bank decreased slightly from 10.76% as of March 31, 2011 to 6.76% as of March 31, 2012, resulting in a positive change of 37.16%.This indicates that the balance sheet and financial strength for Pinnacle Bank has improved slightly in recent periods.
Deposit Growth5
In the past year, Pinnacle Bank has increased its total deposits by $53.12 million, resulting in 90.66% 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 has shown is excellent.
Capitalization5
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 has $138.59 million in assets with $16.7 million in equity, resulting in a capitalization level of 12.05%, which is excellent.
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