Call reports 2020
PINNACLE BANK — 2020
What PINNACLE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,512,016,000 | 1,696,904,000 | 1,705,725,000 | 1,732,310,000 |
| Total loans | 961,948,000 | 1,083,752,000 | 1,081,723,000 | 1,069,143,000 |
| Allowance for loan losses | 11,684,000 | 12,447,000 | 13,180,000 | 13,549,000 |
| Securities available for sale | 361,959,000 | 354,733,000 | 387,463,000 | 474,473,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,295,494,000 | 1,471,486,000 | 1,475,406,000 | 1,501,900,000 |
| Interest-bearing deposits | 1,033,485,000 | 1,120,303,000 | 1,147,342,000 | 1,177,973,000 |
| Noninterest-bearing deposits | 262,009,000 | 351,183,000 | 328,064,000 | 323,927,000 |
| Equity capital | 212,003,000 | 219,570,000 | 224,369,000 | 224,182,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 15,781,000 | 32,065,000 | 48,274,000 | 64,223,000 |
| Interest expense | 2,275,000 | 3,913,000 | 5,256,000 | 6,363,000 |
| Net interest income | 13,506,000 | 28,152,000 | 43,018,000 | 57,860,000 |
| Noninterest income | 1,584,000 | 2,925,000 | 4,626,000 | 6,246,000 |
| Noninterest expense | 9,307,000 | 18,581,000 | 27,988,000 | 37,712,000 |
| Provision for loan losses | 300,000 | 1,154,000 | 1,902,000 | 2,739,000 |
| Pretax income | 5,483,000 | 11,342,000 | 17,754,000 | 23,655,000 |
| Income tax | 1,175,000 | 2,385,000 | 3,711,000 | 4,969,000 |
| Net income | 4,308,000 | 8,957,000 | 14,043,000 | 18,686,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 141,737,000 | 147,183,000 | 152,769,000 | 153,910,000 |
| Total capital | 153,421,000 | 159,630,000 | 165,725,000 | 167,160,000 |
| Risk-weighted assets | 1,017,989,000 | 1,036,847,000 | 1,036,295,000 | 1,059,775,000 |