Overview / Commentary
Pinnacle Bank (TX) is headquartered in Fort Worth and is the 45th largest bank in the state of Texas. It is also the 580th largest bank in the nation. It was established in 1970 and as of June of 2019, it had grown to 227 employees at 22 locations. Pinnacle Bank (TX) has an A+ health rating.
Health
A+
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 20231 |
| Year Established | 1970 |
| Employees | 227 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.11% |
| Return on Equity - YTD | 8.06% |
| Annual Interest Income | $29.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $1.43B$1.31B |
| Loans | Q2 2019vs Q2 2018 | $921.4MM$861.8MM |
| Deposits | Q2 2019vs Q2 2018 | $1.23B$1.11B |
| Equity Capital | Q2 2019vs Q2 2018 | $196.3MM$179.8MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $11.2MM$10.1MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $2.8MM$4.4MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $2.7MM$1.9MM |
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Pinnacle Bank (TX) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | PinnSavings Account |
Pinnacle Bank (TX) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.40%* | $1m* | - | Money Market Account | ||
| OTHER TIERS: 0.20% → Up to $100k | 0.25% → $100k - $1m | |||||
