Pinnacle Bank
FDIC #29548
📍 Jasper, Alabama
Pinnacle Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 11/01/1935. With assets of $334.38 Million, it operates 7 domestic branches.
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★☆☆☆☆ Lewis
January 16, 2018
Awful bank
Community Reinvestment Act (CRA) Rating
Latest Exam: May 1, 2021
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
May 1, 2021
Satisfactory
June 1, 2015
Satisfactory
May 1, 2009
Satisfactory
💰 Financial Strength
Total Assets$334.38 Million
Total Deposits$316.51 Million
Equity Capital$2.88 Million
Net Income$3.59 Million
📈 Performance
ROA1.43%
ROE74.55%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established11/01/1935
FDIC Cert29548
Holding CoPinnacle Bancshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
1997
Name Change
Name became: Changed Institution Name To Pinnacle Bank.
1996
Name Change
Name became: Changed Institution Name To First Federal Of Alabama, Fsb.
1996
Relocation
Moved HQ to: 1811 Second Avenue, Jasper, AL 35501.
1983
Merger / Acquisition
Acquired: First Federal Savings And Loan Association