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

Pinnacle Bank Sioux City - Overview

  • General
  • FDIC Certificate #: 18958
    Status: Active
    Federal Reserve ID: 311649
    Bank Holding Company (Regulatory Top Holder): Pinnacle Bancorp, Inc. (RSSDID: 1020591, Location: Sioux City, IA)
    Date Established: January 01, 1912
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 10701
    FDIC's unique #: 12803
    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: December 02, 1963
    Last Structure Change Effective Date: October 04, 2006
    Last Structure Change Process Date: October 05, 2006
    Last Data Update: October 05, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1901 Morningside Avenue, Sioux City, IA 51106
    County: Woodbury
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Sioux City, IA-NE (#7720)
    Combined Statistical Area (CSA): Sioux City-Vermillion, IA-NE-SD (#512)
    Core Based Statistical Area (CBSA): Sioux City, IA-NE-SD (#43580)
    CBSA Metro Statistical Area: Sioux City, IA-NE-SD (#43580)
  • Financial Summary
  • Total assets: $69.9 mil
    Equity capital: $8.1 mil
    Deposits held in domestic offices: $61.6 mil
    Return on assets (ROA): 1.54% ($1.1 mil)
    Quarterly return on assets: 1.43% ($1.0 mil)
    Return on Equity (ROE): 13.39% ($1.1 mil)
    Quarterly return on equity: 12.25% ($1.0 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.70% ($1,187.8 mil)
    Quarterly Pretax return on assets: 1.55% ($1,083.0 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
  • 18Total employees (full-time equivalent)
  • $69,871Total assets
  • $736Cash and due from depository institutions
  • $156Interest-bearing balances
  • $10,616Securities
  • $589Federal funds sold & reverse repurchase agreements
  • $54,929Net loans & leases
  • $808Loan loss allowance
  • $0Trading account assets
  • $1,736Bank premises and fixed assets
  • $565Other real estate owned
  • $0Goodwill and other intangibles
  • $69,871Life insurance assets
  • $700All other assets
  • $61,729Total liabilities and capital
  • $61,574Total liabilities
  • $51,400Total deposits
  • $61,574Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $155Subordinated debt
  • $8,142All other liabilities
  • $8,142Total equity capital
  • $8,142Total bank equity capital
  • $0Perpetual preferred stock
  • $550Common stock
  • $1,200Surplus
  • $6,392Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,262Income earned, not collected on loans
  • $0Earning assets
  • $399Long-term assets (5+ years)
  • $66,290Average Assets, year-to-date
  • $29,863Average Assets, quarterly
  • $65,830Volatile liabilities
  • $68,848Insider loans
  • $50,362FHLB advances
  • $68,543Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,876Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,561Restructured Loans and leases
  • $1,290Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,264Total interest income
  • $526Total interest expense
  • $2,738Net interest income
  • $175Provision for loan and lease losses
  • $244Total noninterest income
  • $0Fiduciary activities
  • $165Service charges on deposit accounts
  • $0Trading account gains & fees
  • $79Additional noninterest income
  • $1,689Total noninterest expense
  • $818Salaries and employee benefits
  • $187Premises and equipment expense
  • $684Additional noninterest expense
  • $1,118Pre-tax net operating income
  • $0Securities gains (losses)
  • $102Applicable income taxes
  • $1,016Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,016Net income attributable to bank
  • $0Net charge-offs
  • $1,016Cash dividends
  • $200Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.18%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 4.35%Net interest margin
  • 0.39%Noninterest income to earning assets
  • 2.68%Noninterest expense to earning assets
  • 1.54%Net operating income to assets
  • 1.54%Return on assets (ROA)
  • 1.70%Pretax return on assets
  • 13.39%Return on equity (ROE)
  • 13.39%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 87.50%Credit loss provision to net charge-offs
  • 6.46%Efficiency ratio
  • 56,640Assets per employee
  • 3.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 64.03%Noncurrent assets plus other real estate owned to assets
  • 2.61%Noncurrent loans to loans
  • 2.26%Net loans and leases to deposits
  • 89.21%Net loans and leases to core deposits
  • 99.24%Equity capital to assets
  • 11.65%Core capital (leverage) ratio
  • 11.49%Tier 1 risk-based capital ratio
  • 15.64%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $65,830Average earning assets
  • $7,588Average equity
  • $62,956Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $20Managed Assets
  • 1Number of Accounts
  • $20Personal trust and agency accounts
  • $20Employee 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

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012803Pinnacle Bank Sioux City1901 Morningside Avenue, Sioux City, IA 51106January 01, 1912Full Service Brick and Mortar
    2521681Pinnacle Bank Hinton468 Titan Road, Hinton, IA 51024July 05, 2011Full Service Brick and Mortar

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