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Last $8.45 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

pinnacle bank/gilroy ca (PBNK) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/5/15 - $9.25
52 Week Low
07/16/14 - $6.65
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for PINNACLE BANK/GILROY CA (PBNK)

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pinnacle bank/gilroy ca (PBNK) Details

Pinnacle Bank is a community bank that provides commercial banking services for non-profits, businesses, and their principals in Santa Clara, San Benito, and Monterey counties. Its business banking services include business financing options, such as loans and lines of credit, letters of credit, business credit cards, commercial real estate lending, and government assisted loans; deposit services, such as business checking, analysis business checking, business interest checking, business premium money market, and business savings accounts, as well as CDARS; Internet banking and bill payment services; cash management services, such as ACH origination, business debit or credit cards, remote deposit, online banking/24 hour telephone banking, night depository, lock box, and domestic and international wire transfers; and merchant services, such as credit card and debit card acceptance, electronic check, and gift card solutions. Its personal banking services include deposit services, such as checking, premium checking, reach higher checking, savings, and premium money market accounts, as well as certificates of deposit, IRAs, and CDARS; online and telephone banking services; personal loans, such as secured and unsecured loans and lines of credit, and home equity lines of credit; and additional services, such as bill payment, automated teller machine cards/debit cards, and safe deposit boxes. The company was founded in 2005 and is headquartered in Morgan Hill, California with offices in Morgan Hill, Gilroy, and Salinas.

Founded in 2005

pinnacle bank/gilroy ca (PBNK) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

pinnacle bank/gilroy ca (PBNK) Key Developments

Pinnacle Bank Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015

Pinnacle Bank reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company's interest income was $2,013,000 compared to $2,160,000 a year ago. Net interest income was $1,931,000 compared to $2,085,000 a year ago. Net income was $149,000 compared to $160,000 a year ago. Earnings per share was $0.04 compared to $0.05 a year ago. Book value per share was $7.28 compared to $7.04 a year ago.

Pinnacle Bank Promotes Cliff Dennett to Executive Vice President, Senior Loan Officer

Pinnacle Bank announced the appointment of Cliff Dennett to Executive Vice President, Senior Loan Officer. Mr. Dennett began his career in Erie, Pennsylvania, working for National City Bank in Branch Management and then Private Banking. Prior to joining Pinnacle Bank, he worked in Private Lending for Comerica Bank in Palo Alto and then in Commercial Lending, as Vice President for Santa Clara Valley National Bank.

Pinnacle Bank Announces Unaudited Earnings Results for the Year Ended December 31, 2014

Pinnacle Bank announced unaudited earnings results for the year ended December 31, 2014. For the year, the company reported interest income of $8,300,000 against $7,676,000 for the same period a year ago. Net interest income was $7,982,000 against $7,344,000 for the same period a year ago. Net income was $965,000 or $0.27 per share compared to $6,450,000 or $1.96 per share in the comparable quarter of 2012. Book value per share as at December 31, 2014 was $7.24 against $7.02 as at December 31, 2013.


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American National Bankshares Inc $23.69 USD -0.03
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Industry Average

Valuation PBNK Industry Range
Price/Earnings 32.8x
Price/Sales 3.4x
Price/Book -- Not Meaningful
Price/Cash Flow 29.2x
TEV/Sales -- Not Meaningful

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