Business
Pinnacle Bancshares Announces Results for Year Ended and Fourth Quarter December 31, 2025
Pinnacle Bancshares Announces Results for Year Ended and Fourth Quarter December 31, 2025.
About this update from Pinnacle Bancshares, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Pinnacle Bancshares Announces Results for Year Ended and Fourth Quarter December 31, 2025\r\n \r\n \r\n\r\n\r\nPinnacle Bancshares Announces Results for Year Ended and Fourth Quarter December 31, 2025\r\n\r\n\r\n\r\n\r\n\r\n JASPER, Ala.--(BUSINESS WIRE)--\r\nRobert B. Nolen, Jr., President and Chief Executive Officer of Pinnacle Bancshares, Inc. (OTCID: PCLB), today announced Pinnacle’s results of operations for the fourth quarter and year ended December 31, 2025:\r\n\r\n\r\n \r\n \r\nFor the three months ended December 31, 2025, Pinnacle’s basic/diluted earnings per share was $1.24 as compared to $1.15 per share for the three months ended December 31, 2024. Net income for the three months ended December 31, 2025 was $1,118,000 as compared to $1,038,000 for the three months ended December 31, 2024.\r\n\r\n\r\n \r\nFor the year ended December 31, 2025, Pinnacle’s basic/diluted earnings per share was $4.66 as compared to $4.48 per share for the year ended December 31, 2024. Pinnacle reported net income of $4,189,000 for the year ended December 31, 2025 as compared to $4,066,000, for the year ended December 31, 2024.\r\n\r\n\r\n \r\nFor the three and nine months ended December 31, 2025, return on average assets was 1.24%, and 1.17%, respectively, compared to 1.20% and 1.18%, respectively, in the comparable 2024 period.\r\n\r\n\r\n \r\n \r\nCompany’s net interest margin was 3.27% and 3.20%, respectively for the three months and year ended December 31, 2025, respectively, compared to 3.17% and 3.18% for both the three months and year ended December 31, 2024, respectively.\r\n\r\n\r\n \r\nAt December 31, 2025, Pinnacle’s allowance for loan losses as a percent of total loans was 1.52%, compared to 1.78% at December 31, 2024. Net charge-offs were $339,000 during 2025 and $107,000 for 2024. There was $22,000 in non-nonperforming assets at December 31, 2025 and none at 2024.\r\n\r\n\r\n \r\nPinnacle was classified as “well capitalized” at the end of 2025. All capital ratios are higher than the requirements for a well-capitalized institution. As of December 31, 2025, the Bank’s common equity Tier 1 capital and Tier 1 risk-based capital ratios were each 19.95%. As of December 31, 2025, its total capital ratio was 20.86%, and its Tier 1 leverage ratio was 11.57%.\r\n...