Pinnacle Bank in Marshalltown, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Pinnacle Bank - Overview

  • General
  • FDIC Certificate #: 252
    Status: Active
    Federal Reserve ID: 365745
    Bank Holding Company (Regulatory Top Holder): Iowa River Bancorp, Inc. (RSSDID: 3916317, Location: Marshalltown, IA)
    Date Established: May 05, 1927
    WWW: http://www.bankpinnacle.us
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 10067
    FDIC's unique #: 201
    Numeric code: 13
    Regulator: FED
    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: No
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2206 South Center Street, Marshalltown, IA 50158
    County: Marshall
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Des Moines
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Marshalltown, IA (#32260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $96.8 mil
    Equity capital: $14.7 mil
    Deposits held in domestic offices: $69.7 mil
    Return on assets (ROA): 0.83% ($0.8 mil)
    Quarterly return on assets: 0.85% ($0.8 mil)
    Return on Equity (ROE): 5.34% ($0.8 mil)
    Quarterly return on equity: 5.51% ($0.8 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.28% ($1,239.2 mil)
    Quarterly Pretax return on assets: 1.27% ($1,229.5 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
  • 17Total employees (full-time equivalent)
  • $96,813Total assets
  • $7,720Cash and due from depository institutions
  • $3,964Interest-bearing balances
  • $44,891Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $33,689Net loans & leases
  • $499Loan loss allowance
  • $0Trading account assets
  • $2,877Bank premises and fixed assets
  • $864Other real estate owned
  • $5,228Goodwill and other intangibles
  • $96,813Life insurance assets
  • $1,544All other assets
  • $82,075Total liabilities and capital
  • $69,656Total liabilities
  • $60,646Total deposits
  • $69,656Interest-bearing deposits
  • $54Deposits held in domestic offices
  • 4035.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,814Trading liabilities
  • $0Other borrowed funds
  • $1,570Subordinated debt
  • $14,738All other liabilities
  • $14,738Total equity capital
  • $14,738Total bank equity capital
  • $0Perpetual preferred stock
  • $516Common stock
  • $12,869Surplus
  • $1,353Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $434Income earned, not collected on loans
  • $0Earning assets
  • $374Long-term assets (5+ years)
  • $82,544Average Assets, year-to-date
  • $42,018Average Assets, quarterly
  • $89,839Volatile liabilities
  • $95,597Insider loans
  • $44,100FHLB advances
  • $89,871Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,275Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,249Restructured Loans and leases
  • $664Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,299Total interest income
  • $655Total interest expense
  • $2,644Net interest income
  • $145Provision for loan and lease losses
  • $1,300Total noninterest income
  • $367Fiduciary activities
  • $165Service charges on deposit accounts
  • $0Trading account gains & fees
  • $768Additional noninterest income
  • $2,637Total noninterest expense
  • $1,012Salaries and employee benefits
  • $450Premises and equipment expense
  • $1,175Additional noninterest expense
  • $1,162Pre-tax net operating income
  • -$15Securities gains (losses)
  • $398Applicable income taxes
  • $749Income before extraordinary items
  • $0Extraordinary gains - net
  • $749Net income attributable to bank
  • $0Net charge-offs
  • $749Cash dividends
  • $13Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.40%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 3.53%Net interest margin
  • 1.73%Noninterest income to earning assets
  • 3.52%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 1.28%Pretax return on assets
  • 5.34%Return on equity (ROE)
  • 5.34%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 1115.38%Credit loss provision to net charge-offs
  • 100.54%Efficiency ratio
  • 65,796Assets per employee
  • 5.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 114.98%Noncurrent assets plus other real estate owned to assets
  • 1.34%Noncurrent loans to loans
  • 1.27%Net loans and leases to deposits
  • 48.36%Net loans and leases to core deposits
  • 48.81%Equity capital to assets
  • 15.22%Core capital (leverage) ratio
  • 10.32%Tier 1 risk-based capital ratio
  • 21.03%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $89,839Average earning assets
  • $14,016Average equity
  • $74,937Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $95,887Managed Assets
  • 1Number of Accounts
  • $95,887Personal trust and agency accounts
  • $95,887Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0201Pinnacle Bank2206 South Center Street, Marshalltown, IA 50158May 05, 1927Full Service Brick and Mortar

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