Last $7.25 USD
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Volume 0.0
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As of 8:10 PM 08/14/14 All times are local (Market data is delayed by at least 15 minutes).

pinnacle bank/gilroy ca (PBNK) Snapshot

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08/12/14 - $7.25
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09/19/13 - $4.40
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Current Stock Chart for PINNACLE BANK/GILROY CA (PBNK)

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pinnacle bank/gilroy ca (PBNK) Details

Pinnacle Bank provides commercial banking services for individuals and businesses in Santa Clara, San Benito, and Monterey counties. The company offers checking and savings accounts, money market accounts, IRA’s accounts, CDARS accounts, safe deposit boxes, credit and debit cards, and certificates of deposits. It also provides secured and unsecured loans and lines of credit, home equity lines of credit, letters of credit, commercial real estate loans, and government assisted loans. In addition, the company offers cash management and merchant services, as well as depository and credit services. The bank was founded in 2005 and is headquartered in Morgan Hill, California.

Founded in 2005

pinnacle bank/gilroy ca (PBNK) Top Compensated Officers

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pinnacle bank/gilroy ca (PBNK) Key Developments

Pinnacle Bank Announces Unaudited Earnings Results for the Second Quarter Ended June 30, 2014

Pinnacle Bank announced unaudited earnings results for the second quarter ended June 30, 2014. For the quarter, the company reported net interest income of $1,919,000 against $1,715,000 a year ago. Net income was $236,000 or $0.07 per diluted share against $145,000 or $0.04 per diluted share a year ago. Book value per share was $7.12 against $5.09 a year ago.

Pinnacle Bank Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Pinnacle Bank announced unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company announced unaudited net income of $160,000 or $0.05 per share compared to $109,000 or $0.03 per share reported in the same period of 2013. Interest income was $2,160,000 against $1,833,000 and net interest income was $2,085,000 against $1,740,000 reported last year. Book value per share at the end of the quarter was $7.04 against $5.09 reported a year ago.

Pinnacle Bank Elects Mike Boerlin as Chairman of its Monterey County Advisory Board

Pinnacle Bank announced that Mike Boerlin has been elected chairman of their Monterey County Advisory Board. Mr. Boerlin replaces Paul Bruno who was recently appointed to its Board of Directors. Mr. Boerlin will be leading a very knowledgeable group of business minded individuals who are dedicated to assisting with the growth of Pinnacle Bank in Monterey County. Mike Boerlin is the Managing Branch Partner at Blue Adobe Mortgage. His experience spans over 20 years in the mortgage banking industry and he is a lifelong resident of the Monterey Peninsula. Over the span of Mike's career he has been an active board member with the YMCA, the Carmel Land Use Advisory Committee and Carmel Merchants 3 Association.


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Price/Earnings 3.4x
Price/Sales 2.7x
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