Welcome to our dedicated page for Pinnacle Bank news (Ticker: PBNK), a resource for investors and traders seeking the latest updates and insights on Pinnacle Bank stock.
Pinnacle Bank (CA) (OTCQB: PBNK) is a full-service community and business bank headquartered in Gilroy, California, with a focus on commercial banking services for businesses and nonprofit organizations in Santa Clara, San Benito, and Monterey counties. The PBNK news feed on Stock Titan brings together the bank’s publicly released updates so readers can follow how this regional commercial bank reports on its operations and markets.
News about Pinnacle Bank frequently centers on its quarterly earnings announcements, where the bank reports unaudited net income, total assets, gross loans, total deposits, and capital ratios. These releases also provide detail on credit quality, including allowance for credit losses, nonperforming assets, and nonaccrual loans such as commercial real estate hotel loans and asset-based commercial loans. Management commentary in these earnings updates often discusses economic conditions in the bank’s primary service area and how relationship banking and personalized service relate to loan and deposit trends.
In addition to financial results, the PBNK news stream includes governance and leadership updates, such as the election of a Vice Chairman of the Board of Directors and appointments or promotions in senior credit and lending roles, including a Chief Credit Officer and Senior Lending Officer. These items shed light on the bank’s credit culture, succession planning, and lending leadership.
Investors and observers who follow PBNK news can use this page to review how Pinnacle Bank describes its performance, capital strength, and community banking focus over time. Regularly reviewing these releases helps build a picture of how the bank’s relationship banking model, regional footprint from Salinas Valley to Silicon Valley, and credit profile evolve across reporting periods.
Pinnacle Bank (OTCQB: PBNK) reported unaudited net income of $5.45M for year ended December 31, 2025, down from $8.85M in 2024. Fourth-quarter 2025 net income was $0.287M versus $3.42M a year earlier, after a $4.223M provision for credit issues.
Total assets rose to $890.4M, gross loans were $583.4M, total deposits were $765.8M, allowance for loan losses increased to $13.152M (2.27% of net loans), and total capital ratio remained well capitalized at 17.24%.
Pinnacle Bank (OTCQB:PBNK) reported unaudited Q3 2025 net income of $1,076,000, up from $244,000 in Q3 2024. Total assets were $905.7 million (+2% YoY) and total deposits were $785.0 million (+1% YoY). Gross loans declined to $568.4 million (-8% YoY) while the allowance for credit losses rose to $8.922 million (1.58% of net loans).
The quarter included a $2.0 million provision for credit losses tied to reduced collateral values on nonaccrual loans (commercial real estate hotel loans $8.1M; asset-based commercial loans $5.6M). Book value per share was $17.81 and the Bank reported a total capital ratio of 17.76%, above well-capitalized thresholds.
Pinnacle Bank (OTCQB: PBNK) reported Q2 2025 financial results with net income of $2.17 million, up 14% from $1.91 million in Q1 2025. Total assets reached $878.1 million, showing a 3% year-over-year growth.
The bank's financial position remains strong with a total capital ratio of 17.52%, well above regulatory requirements. Total deposits increased by 2% year-over-year to $759.3 million. However, gross loans decreased 5% to $568.7 million compared to the previous year. The bank reported nonperforming assets of $11.5 million, up from zero in the previous year.
Book value per share increased to $17.57, and the bank maintains its Five-Star "Superior" rating from Bauer Financial.
Pinnacle Bank (OTCQB: PBNK) reported Q1 2025 financial results with unaudited net income of $1.914 million, down from $2.453 million in Q1 2024. Total assets reached $892.5 million, showing a 7% year-over-year increase. The bank experienced flat loan growth at $576.6 million, while total deposits grew 7% to $775.0 million.
Notable metrics include increased nonperforming assets of $9.6 million (from zero in Q1 2024), and an allowance for credit losses of 1.23% of net loans. The bank maintains strong capital ratios, with a total capital ratio of 17.20%. Book value per share increased to $17.16, and earnings per share were $0.32, compared to $0.42 in Q1 2024.
The bank attributes lower Q1 interest income to the Federal Reserve's 1% rate reduction during 2024, which impacted operating results.
Pinnacle Bank (PBNK) reported unaudited net income of $8.846 million for 2024, down from $11.771 million in 2023. Fourth quarter 2024 net income was $3.421 million, up from $3.251 million in Q4 2023. Total assets grew 4% to $846.8 million, while gross loans increased 6% to $600.6 million. The allowance for loan losses rose to $7.352 million (1.23% of net loans) from $5.952 million (1.06%). Nonperforming loans reached $12.0 million, up from zero in 2023.
Total deposits increased 2% to $732.2 million. The bank maintained strong capital position with a total capital ratio of 16.34% and book value per share of $16.87. Pinnacle Bank received top ratings from Bauer Financial and DepositAccounts.com, serving Santa Clara, San Benito and Monterey counties.
Pinnacle Bank (OTCQB: PBNK) has restated its Q3 2024 financials, reporting unaudited net income of $244,000, down from $2,728,000 in Q3 2023. The decline was primarily due to a $2.4 million commercial loan charge-off. Total assets reached $891.4 million, up 6% year-over-year, while gross loans increased 14% to $614.6 million. Total deposits grew 5% to $780.9 million. The allowance for credit losses increased to 1.20% of net loans, with nonaccrual loans at $8.4 million compared to none in the previous year. The Bank maintains a total capital ratio of 15.35% with a book value per share of $16.32.
Pinnacle Bank (PBNK) reported unaudited net income of $1,909,000 for Q3 2024, down from $2,728,000 in Q3 2023. Total assets reached $893.1 million, up 6% year-over-year. Gross loans hit a record $617.0 million, increasing 15% from the previous year. Total deposits grew 5% to $780.9 million. The bank reported nonaccrual loans of $10.9 million, compared to none in Q3 2023. The bank maintains a strong capital position with a total capital ratio of 15.52% and a book value per share of $16.60.
Pinnacle Bank (OTCQB: PBNK) reported unaudited net income of $2,728,000 for Q2 2024, down from $2,870,000 in Q2 2023. The bank's total assets increased 6% to $849.5 million, while gross loans grew 11% to a record $597.6 million. Total deposits rose 5% to $740.9 million. The bank maintains a strong capital position with a total capital ratio of 15.10% and a book value per share of $16.14. Pinnacle Bank received high ratings from Bauer Financial, DepositAccounts.com, and The Findley Reports, reflecting its strong financial performance and stability in the face of economic challenges.
Pinnacle Bank (OTCQB: PBNK), announced the election of Edward J. Rossi as Vice Chairman of its Board of Directors, filling the vacancy left by the late Allen R. Greco. Rossi, CEO of Cal Door & Drawer and a founding member of the bank, has been a board member since 2006. He will serve on multiple committees, including Marketing, Directors Loan, Compensation, and as Chairman of the ALCO committee. Pinnacle Bank focuses on commercial banking services in Santa Clara, San Benito, and Monterey counties, with branches in Morgan Hill, Gilroy, Salinas, and Campbell.
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