Pinnacle Bank (TX) is headquartered in FORT WORTH and is the 39th largest bank in the state of Texas. It is also the 434th largest bank in the nation. It was established in 1970 and as of March of 2024, it had grown to 263 employees at 28 locations. Pinnacle Bank (TX)'s money market rates are 5X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 20231 |
Year Established | 1970 |
Employees | 263 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.63% |
Return on Equity - YTD | 5.79% |
Annual Interest Income | $31.5MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2024vs Q1 2023 | $2.75B$2.62B |
Loans | Q1 2024vs Q1 2023 | $1.65B$1.64B |
Deposits | Q1 2024vs Q1 2023 | $2.32B$2.32B |
Equity Capital | Q1 2024vs Q1 2023 | $295.9MM$288MM |
Loan Loss Allowance | Q1 2024vs Q1 2023 | $20.5MM$17.1MM |
Unbacked Noncurrent Loans | Q1 2024vs Q1 2023 | $8.5MM$245K |
Real Estate Owned | Q1 2024vs Q1 2023 | $0$334K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.25% | $0 | - | PinnSavings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.27%* | $250k* | - | Money Market Account | ||
OTHER TIERS: 0.25% → $0 - $25k | 0.75% → $25k - $50k | 1.00% → $50k - $100k | 2.02% → $100k - $250k |