Call reports 2024
PINNACLE BANK — 2024
What PINNACLE BANK 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 | 305,063,000 | 297,129,000 | 300,709,000 | 291,448,000 |
| Total loans | 220,654,000 | 211,705,000 | 211,846,000 | 207,470,000 |
| Allowance for loan losses | 2,121,000 | 2,132,000 | 2,451,000 | 2,061,000 |
| Securities available for sale | 56,822,000 | 56,262,000 | 57,479,000 | 54,155,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 260,011,000 | 253,786,000 | 254,469,000 | 246,372,000 |
| Interest-bearing deposits | 219,668,000 | 220,646,000 | 214,467,000 | 213,840,000 |
| Noninterest-bearing deposits | 40,343,000 | 33,140,000 | 40,002,000 | 32,532,000 |
| Equity capital | 41,986,000 | 34,660,000 | 37,228,000 | 35,230,000 |
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 | 3,925,000 | 7,952,000 | 11,824,000 | 15,646,000 |
| Interest expense | 1,584,000 | 3,133,000 | 4,612,000 | 6,698,000 |
| Net interest income | 2,341,000 | 4,819,000 | 7,212,000 | 8,948,000 |
| Noninterest income | 434,000 | 885,000 | 1,349,000 | 1,862,000 |
| Noninterest expense | 1,272,000 | 2,756,000 | 4,065,000 | 5,468,000 |
| Provision for loan losses | 58,000 | 71,000 | 396,000 | 1,312,000 |
| Pretax income | 1,472,000 | 2,882,000 | 4,105,000 | 4,046,000 |
| Income tax | 307,000 | 608,000 | 865,000 | 807,000 |
| Net income | 1,165,000 | 2,274,000 | 3,240,000 | 3,239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,843,000 | 39,453,000 | 40,419,000 | 40,418,000 |
| Total capital | 49,128,000 | 41,771,000 | 43,056,000 | 42,654,000 |
| Risk-weighted assets | 261,472,000 | 254,425,000 | 251,718,000 | 243,046,000 |