Pinnacle Bank in Keene, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Pinnacle Bank - Overview

  • General
  • FDIC Certificate #: 20231
    Status: Active
    Federal Reserve ID: 867650
    Bank Holding Company (Regulatory Top Holder): Pinnacle Bancorp, Inc. (RSSDID: 1053272, Location: Central City, NE)
    Date Established: August 10, 1970
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 13 (Domestic: 13, Interstate: No)
    FDIC's unique #: 13912
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 10, 1970
    Last Structure Change Effective Date: Febuary 21, 2009
    Last Structure Change Process Date: March 03, 2009
    Last Data Update: March 03, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 309 South Old Betsy Road, Keene, TX 76059
    County: Johnson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Fort Worth-Arlington, TX (#2800)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $548.6 mil
    Equity capital: $82.5 mil
    Deposits held in domestic offices: $460.0 mil
    Return on assets (ROA): 1.29% ($7.1 mil)
    Quarterly return on assets: 1.58% ($8.7 mil)
    Return on Equity (ROE): 8.65% ($7.2 mil)
    Quarterly return on equity: 10.53% ($8.7 mil)
    Net income: $6.9 mil
    Quarterly Net income: $2.2 mil
    Pretax return on assets: 1.31% ($7,186.8 mil)
    Quarterly Pretax return on assets: 1.60% ($8,777.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 154Total employees (full-time equivalent)
  • $548,610Total assets
  • $12,425Cash and due from depository institutions
  • $1,386Interest-bearing balances
  • $182,003Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $294,205Net loans & leases
  • $4,204Loan loss allowance
  • $0Trading account assets
  • $13,467Bank premises and fixed assets
  • $8,848Other real estate owned
  • $33,602Goodwill and other intangibles
  • $548,610Life insurance assets
  • $4,060All other assets
  • $466,061Total liabilities and capital
  • $459,952Total liabilities
  • $396,038Total deposits
  • $459,952Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 2551.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,208Trading liabilities
  • $0Other borrowed funds
  • $1,350Subordinated debt
  • $82,549All other liabilities
  • $82,549Total equity capital
  • $82,549Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $66,947Surplus
  • $15,302Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $913Income earned, not collected on loans
  • $0Earning assets
  • $2,259Long-term assets (5+ years)
  • $477,594Average Assets, year-to-date
  • $97,098Average Assets, quarterly
  • $535,557Volatile liabilities
  • $549,289Insider loans
  • $333,864FHLB advances
  • $512,276Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $42,800Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $27,509Restructured Loans and leases
  • $909Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $23,735Total interest income
  • $2,764Total interest expense
  • $20,971Net interest income
  • $2,149Provision for loan and lease losses
  • $5,639Total noninterest income
  • $0Fiduciary activities
  • $3,510Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,129Additional noninterest income
  • $17,541Total noninterest expense
  • $7,567Salaries and employee benefits
  • $2,684Premises and equipment expense
  • $7,290Additional noninterest expense
  • $6,920Pre-tax net operating income
  • $106Securities gains (losses)
  • $95Applicable income taxes
  • $6,931Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,931Net income attributable to bank
  • $0Net charge-offs
  • $6,931Cash dividends
  • $2,284Sale, conversion, retirement of capital stock, net
  • $6,500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.09%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 4.49%Net interest margin
  • 1.21%Noninterest income to earning assets
  • 3.76%Noninterest expense to earning assets
  • 1.27%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 8.65%Return on equity (ROE)
  • 0.54%Retained earnings to average equity (YTD only)
  • 0.78%Net charge-offs to loans
  • 94.09%Credit loss provision to net charge-offs
  • 3.97%Efficiency ratio
  • 62,315Assets per employee
  • 3.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 93.78%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 460.46%Noncurrent assets plus other real estate owned to assets
  • 1.78%Noncurrent loans to loans
  • 0.31%Net loans and leases to deposits
  • 63.96%Net loans and leases to core deposits
  • 69.19%Equity capital to assets
  • 15.05%Core capital (leverage) ratio
  • 8.35%Tier 1 risk-based capital ratio
  • 12.82%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $535,557Average earning assets
  • $80,145Average equity
  • $466,726Average loans

List of branches

  • 13 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013912Pinnacle Bank309 South Old Betsy Road, Keene, TX 76059August 10, 1970Full Service Brick and Mortar
    2250531Joshua Branch456 S. Broadway, Joshua, TX 76058June 07, 1999Full Service Brick and Mortar
    3357075Cleburne Branch1403 West Henderson, Cleburne, TX 76033May 17, 2000Full Service Brick and Mortar
    4360163Wilshire Boulevard Branch2961 S.W. Wilshire Blvd., Burleson, TX 76028May 21, 2001Full Service Brick and Mortar
    5437783Cleburne Branch224 W. Katherine P. Raines Drive, Cleburne, TX 76033Febuary 15, 2005Full Service Brick and Mortar
    6466383North Burleson Branch651 Ne Alsbury Blvd, Burleson, TX 76028July 31, 2006Full Service Brick and Mortar
    716520Azle Branch316 North West Parkway, Azle, TX 76020October 26, 1981Full Service Brick and Mortar
    8256545Springtown Branch726 Highway 199 E, Springtown, TX 76082January 02, 1992Full Service Brick and Mortar
    9256546Western Center Branch4313 Western Center Boulevard, Fort Worth, TX 76137July 20, 1998Full Service Brick and Mortar
    10360150Boat Club Road Branch8001 Boat Club Road, Fort Worth, TX 76179April 24, 2001Full Service Brick and Mortar
    11452381Benbrook Branch9282 Benbrook Blvd., Benbrook, TX 76126June 30, 2006Full Service Brick and Mortar
    12470258Blue Mound Branch7236 Blue Mound Rd Suite 100, Fort Worth, TX 76131December 10, 2007Full Service Brick and Mortar
    13493060Internal Branch309 S Old Betsy Rd, Keene, TX 76059July 23, 2008Full Service Cyber

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