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Stock impact report

Pinnacle Bank Announces Earnings for Third Quarter of 2025

PINNACLE BANK (CA) (PBNK) 
NASDAQ:AMEX Investor Relations: pinnaclebankonline.com/investors/index.php
Company Research Source: Business Wire
GILROY, Calif.--(BUSINESS WIRE)--OTCQB: PBNK - Pinnacle Bank announced today unaudited net income for the three months ended September 30, 2025 of $1,076,000, compared to net income of $244,000 for the same period in 2024.As of September 30, 2025, total assets were $905.7 million, a 2% increase from the $891.4 million at September 30, 2024.Gross loans were $568.4 million at September 30, 2025, a decrease of $46.2 million (8%) from the September 30, 2024 balance of $614.6 million. The allowance for credit losses at September 30, 2025 was $8.922 million or 1.58% of net loans compared to $7.335 million or 1.20% of net loans at September 30, 2024. During the third quarter of 2025, appraisals indicated declines in the values of real estate and other collateral for nonaccrual loans. The provision for credit losses for the third quarter of 2025 was $2 million and included the changes in the specific reserves for these loans. Nonaccrual loans at September 30, 2025 consisted of $8.1mm of c Show less Read more
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