Articles from Pinnacle Bank

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended March 31, 2025 of $1,914,000, compared to net income of $2,453,000 for the same period in 2024.

OTCQB: PBNK – Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the year ended December 31, 2024 of $8,846,000 compared to net income to $11,771,000 in 2023. Unaudited net income for the fourth quarter of 2024 was $3,421,000 compared to $3,251,000 in the fourth quarter of 2023.

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced changes to its press release issued on Tuesday, October 29, 2024, as a result of restating its financials for the quarter ended September 30, 2024. The restated release follows.

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended September 30, 2024 of $1,909,000, compared to net income of $2,728,000 for the same period in 2023.

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended June 30, 2024 of $2,728,000, compared to net income of $2,870,000 for the same period in 2023.

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today that Edward J. Rossi has been elected Vice Chairman of the Board of Directors. He takes over the position vacated by the passing of Allen R. Greco.

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended March 31, 2024 of $2,453,000, compared to net income of $2,723,000 for the same period in 2023. The decrease in net income from the first quarter of 2023 reflects lower noninterest income, higher provision for credit losses and higher noninterest expenses exceeding higher net interest income.

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today record unaudited net income for the year ended December 31, 2023 of $11,771,000, an increase of 39% over the 2022 net income of $8,453,000. Unaudited net income for the fourth quarter of 2023 was $3,251,000 compared to $2,926,000 in the third quarter of 2023 and $3,107,000 in the fourth quarter of 2022.

Headline of release should read: Pinnacle Bank Announces Earnings for Third Quarter of 2023 (instead of Pinnacle Bank Announces Earnings for Second Quarter of 2023)

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended June 30, 2023 of $2,870,000, an increase of 79% compared to net income of $1,606,000 for the same period in 2022.

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended March 31, 2023 of $2,723,000, an increase of 119% compared to net income of $1,246,000 for the same period in 2022.

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today record unaudited net income for the year ended December 31, 2022 of $8,453,000, an increase of 9% over the 2021 net income of $7,750,000. Unaudited net income for the fourth quarter of 2022 was $3,107,000 compared to $2,494,000 in the third quarter of 2022 and $2,011,000 in the fourth quarter of 2021.

Pinnacle Bank (OTCQB: PBNK), headquartered in Gilroy, CA, announced today that Michael Khan has joined the bank as Executive Vice President, Senior Lending Officer.

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the quarter ended September 30, 2022 of $2,494,000, an increase of 55% compared to net income of $1,606,000 for the quarter ended June 30, 2022, and a 15% increase compared to net income of $2,170,000 in the quarter ended September 30,2021.