Call reports 2024
PINNACLE BANK, INC — 2024
What PINNACLE BANK, INC reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 53,610,000 | 53,942,000 | 53,999,000 | 55,522,000 |
| Total loans | 32,589,000 | 33,357,000 | 32,964,000 | 30,824,000 |
| Allowance for loan losses | 582,000 | 578,000 | 578,000 | 559,000 |
| Securities available for sale | 13,969,000 | 14,744,000 | 11,728,000 | 14,561,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,076,000 | 40,763,000 | 40,521,000 | 42,358,000 |
| Interest-bearing deposits | 27,507,000 | 30,090,000 | 30,463,000 | 32,330,000 |
| Noninterest-bearing deposits | 12,569,000 | 10,673,000 | 10,058,000 | 10,028,000 |
| Equity capital | 9,073,000 | 9,197,000 | 9,544,000 | 9,334,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 760,000 | 1,582,000 | 2,413,000 | 3,229,000 |
| Interest expense | 241,000 | 518,000 | 817,000 | 1,127,000 |
| Net interest income | 519,000 | 1,064,000 | 1,596,000 | 2,102,000 |
| Noninterest income | 41,000 | 100,000 | 149,000 | 234,000 |
| Noninterest expense | 430,000 | 861,000 | 1,245,000 | 1,657,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 130,000 | 303,000 | 500,000 | 659,000 |
| Income tax | 25,000 | 59,000 | 101,000 | 148,000 |
| Net income | 105,000 | 244,000 | 399,000 | 511,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,306,000 | 8,445,000 | 8,600,000 | 8,507,000 |