Pinnacle Bank Announces Earnings for First Quarter of 2025

  • GILROY, Calif.--(BUSINESS WIRE)--OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended March 31, 2025 of $1,914,000, compared to net income of $2,453,000 for the same period in 2024. As of March 31, 2025, total assets were $892.5 million, a 7% increase from $833.1 million on March 31, 2024. Gross loans were $576.6 million on March 31, 2025 compared to $576.8 million on March 31, 2024. The allowance for credit losses on.