Welcome to our dedicated page for Pinnacle Banc news (Ticker: PCLB), a resource for investors and traders seeking the latest updates and insights on Pinnacle Banc stock.
Pinnacle Banc (PCLB) provides essential community-focused banking services through deposit products, lending solutions, and personalized financial strategies. This news hub offers investors and stakeholders timely access point for official corporate communications and market-moving developments.
Track all regulatory filings, earnings reports, and strategic initiatives in one centralized location. Our curated collection includes press releases about loan portfolio updates, leadership changes, community partnerships, and operational milestones that demonstrate PCLB's commitment to regional banking excellence.
Key updates cover credit quality improvements, digital banking enhancements, and risk management practices that underpin the institution's stability. Bookmark this page for direct access to primary source materials that inform investment decisions and market analysis.
Pinnacle Bancshares, Inc. (OTCBB: PCLB) reported a net income of $1,111,000 for Q1 2022, up from $907,000 in Q1 2021. Net interest income rose to $2,735,000 from $2,379,000 year-over-year. Earnings per share increased to $1.14 from $0.93. Return on average assets improved to 1.29%, and the net interest margin expanded to 4.06%. Nonperforming assets decreased to $11,000, maintaining a ratio of 0.01% of total loans. Dividends increased from $.22 to $.25 per share. Uncertainties from COVID-19 and potential future inflation remain concerning for the company's operations.
Pinnacle Bancshares, Inc. (OTCBB: PCLB) has announced a quarterly cash dividend of $0.25 per share, scheduled for payment on March 18, 2022, to stockholders recorded on March 7, 2022. This dividend represents an annualized rate of $1.00 per share, demonstrating the company's commitment to returning value to its shareholders.
Pinnacle Bancshares, Inc. (OTCBB: PCLB) reported a net income of $4,692,000 for the year ending December 31, 2021, up from $3,181,000 in 2020. Net interest income for the year increased to $10,276,000, aided by approximately $661,000 in PPP fees. For Q4 2021, net income rose to $972,000 versus $896,000 in Q4 2020. Basic and diluted earnings per share improved to $4.83 for 2021, compared to $3.21 in 2020. The company's net interest margin decreased to 3.48% in Q4 2021, down from 4.31% a year earlier. Nonperforming assets significantly decreased to $30,000.
Pinnacle Bancshares, Inc. (OTC-PINK: PCLB) announced a quarterly cash dividend of
Pinnacle Bancshares (PCLB) reported a substantial increase in net income to $1.83 million for Q3 2021, up from $712,000 in Q3 2020. For the first nine months, net income reached $3.72 million compared to $2.29 million in the same period last year. The bank recorded significant PPP loan fee income and a rise in bank-owned life insurance income. Basic earnings per share rose to $1.88 from $0.72 year-over-year. However, the company remains cautious about potential impacts from COVID-19, noting economic uncertainties that could affect future performance.
Pinnacle Bancshares, Inc. (OTCBB: PCLB) has announced a quarterly cash dividend of $0.22 per share, to be paid on September 17, 2021. Stockholders of record as of September 7, 2021 will be eligible for this dividend. This payout reflects an annualized rate of $0.88 per share, indicating the company's commitment to returning value to its shareholders.
Pinnacle Bancshares (PCLB) reported a strong second quarter for 2021, with net income rising to $984,000, up from $732,000 a year prior. For the first half of 2021, net income reached $1,891,000, compared to $1,573,000 in 2020. The company recognized $50,000 in PPP fees for the quarter and $191,000 year-to-date. Net interest income also increased significantly, reaching $2,463,000 for the quarter. Basic earnings per share improved to $1.01 versus $0.74 last year. Nonperforming assets slightly rose to $144,000. However, COVID-19 presents ongoing uncertainty for the company.
Pinnacle Bancshares, Inc. (PCLB) has declared a quarterly cash dividend of $0.22 per share, amounting to an annualized rate of $0.88. This dividend is scheduled for payment on June 18, 2021 to stockholders who are on record as of June 8, 2021. This move demonstrates the company’s commitment to returning value to its shareholders.
Pinnacle Bancshares, Inc. (OTC Pink: PCLB) reported a net income of $907,000 for Q1 2021, an increase from $841,000 in Q1 2020. Net interest income rose to $2,379,000, up from $2,022,000 a year earlier. Earnings per share improved to $0.93 compared to $0.82 in the same period last year. However, the return on average assets decreased to 1.26% from 1.39%. The allowance for loan losses as a percentage of total loans declined to 1.92%. Shareholders received dividends of $0.22 per share, up from $0.19.
Pinnacle Bancshares, Inc. (OTC PINK: PCLB) has announced a quarterly cash dividend of $0.22 per share. The dividend will be paid on March 19, 2021, to shareholders of record as of March 8, 2021. This quarterly dividend reflects an annualized rate of $0.88 per share, signaling the company's commitment to returning value to its shareholders.