Pinnacle Bank

1811 Second Avenue
Jasper, AL 35501

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 29548
Date Established 1935
Assets $0.23 billion
Loans $0.09 billion
Deposits $0.20 billion
Capital $0.03 billion

Pinnacle Bank is an FDIC insured institution located in Jasper, AL. It was founded in 1935 and has approximately $0.23 billion in assets. Customers can open an account at one of its 7 branches.

For a more detailed analysis of Pinnacle Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Pinnacle Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Alabama, Pinnacle Bank has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 25.29
Multifamily
Mortgages
3.43
Credit Card Loans 0.00
Consumer Auto Loans 1.67
Small Business Loans 18.55
Construction and Development Loans 7.12
Commercial Real Estate 30.49
Commercial and Industrial Loans 26.12
Farm Loans 0.02

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.10% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.35% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.50% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.25% $25 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.10% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.20% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.20% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $2,500 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Pinnacle Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More
Flagstar Bank 4.990% $268.11 Learn More

Note to Pinnacle Bank
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Branches

Pinnacle Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Pinnacle Bank Locations

Financial Details

Pinnacle Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Pinnacle Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Pinnacle Bank U.S. Bank Average
1.1% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Pinnacle Bank had $313,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $26,833,000 in equity and $1,613,000 in loans loss reserves. That gives it a Texas Ratio of 1.1%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Pinnacle Bank U.S. Bank Average
8.82% 8.58

Pinnacle Bank has a Return on Equity of 8.82% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Pinnacle Bank U.S. Bank Average
11.64% 12.11

Pinnacle Bank has a Capitalization of 11.64% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Pinnacle Bank Balance Sheet Analysis

As of June 30, 2017, Pinnacle Bank had assets of $230,428,000, loans of $89,454,000, and deposits of $202,995,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Pinnacle Bank

Branches and Savings

Is Pinnacle Bank FDIC insured?

Yes. It is covered under FDIC Certificate #29548.

Why does Pinnacle Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Pinnacle Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Pinnacle Bank a commercial bank?

Yes

Where are Pinnacle Bank locations?

See branch locations nearby.

Is Pinnacle Bank open on Saturdays?

Is Pinnacle Bank open on Sundays?

What time does Pinnacle Bank open?

What time does Pinnacle Bank close?

Are Pinnacle Bank ATMs Open 24/7?

Do Pinnacle Bank ATMs accept cash deposits?

Can Pinnacle Bank customers use other ATMs?

Do Pinnacle Bank branches have notaries?

Will Pinnacle Bank notarize my document?

What address for Pinnacle Bank should I put for incoming ACH transfers?

Will the Pinnacle Bank branch print checks?

Do Pinnacle Bank checks expire?

Does Pinnacle Bank require US citizenship to open account?

Can Pinnacle Bank close my account?

Does Pinnacle Bank Report to credit bureaus?

Does Pinnacle Bank Use Equifax?

What is Pinnacle Bank's ACH Routing Number?

What is Pinnacle Bank's SWIFT code?

Products

Does Pinnacle Bank offer mortgages?

Compare mortgage rates here.

Does Pinnacle Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Pinnacle Bank offer personal loans?

Compare personal loan rates here.

Does Pinnacle Bank offer student loans?

Will Pinnacle Bank cash a check?

Will Pinnacle Bank redeem a savings bond?

Does Pinnacle Bank cash savings bonds?

Will Pinnacle Bank cash money orders?

Can Pinnacle Bank issue a money order?

Does Pinnacle Bank do currency exchange?

Background on The Bank

Who owns Pinnacle Bank?

How long has Pinnacle Bank been around?

Can Pinnacle Bank transfer to other banks?

Does Pinnacle Bank have quick pay?

Does Pinnacle Bank accept rolled coins?

Will Pinnacle Bank accept loose change?

Where is Pinnacle Bank headquarters?

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