Call reports 2023
PINNACLE BANK — 2023
What PINNACLE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,618,137,000 | 2,575,793,000 | 2,588,332,000 | 2,625,755,000 |
| Total loans | 1,652,794,000 | 1,696,361,000 | 1,694,767,000 | 1,705,921,000 |
| Allowance for loan losses | 17,112,000 | 17,532,000 | 17,561,000 | 20,323,000 |
| Securities available for sale | 707,550,000 | 688,305,000 | 663,333,000 | 668,724,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,322,760,000 | 2,204,728,000 | 2,255,026,000 | 2,280,982,000 |
| Interest-bearing deposits | 1,504,129,000 | 1,469,816,000 | 1,546,005,000 | 1,603,965,000 |
| Noninterest-bearing deposits | 818,631,000 | 734,912,000 | 709,021,000 | 677,017,000 |
| Equity capital | 288,009,000 | 288,203,000 | 284,894,000 | 292,948,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 26,181,000 | 53,286,000 | 82,526,000 | 112,300,000 |
| Interest expense | 6,270,000 | 15,448,000 | 26,853,000 | 40,083,000 |
| Net interest income | 19,911,000 | 37,838,000 | 55,673,000 | 72,217,000 |
| Noninterest income | 1,604,000 | 3,118,000 | 4,581,000 | 6,301,000 |
| Noninterest expense | 13,768,000 | 27,278,000 | 40,483,000 | 53,917,000 |
| Provision for loan losses | 616,000 | 1,069,000 | 1,170,000 | 1,801,000 |
| Pretax income | 7,056,000 | 12,534,000 | 18,526,000 | 23,354,000 |
| Income tax | 1,530,000 | 2,673,000 | 3,959,000 | 4,963,000 |
| Net income | 5,526,000 | 9,861,000 | 14,567,000 | 18,391,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 243,598,000 | 249,006,000 | 252,224,000 | 247,004,000 |
| Total capital | 260,710,000 | 266,538,000 | 269,785,000 | 265,830,000 |
| Risk-weighted assets | 1,811,767,000 | 1,836,914,000 | 1,855,351,000 | 1,847,175,000 |