Pinnacle Bank (PBNK)

Pinnacle Bank Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	51.71	46.68	31.92	24.13	22.18
Total Interest Income	51.71	46.68	31.92	24.13	22.18
Interest Paid on Deposits	13.73	9.54	2.02	1.05	1.89
Total Interest Expense	13.73	9.54	2.02	1.05	1.89
Net Interest Income	37.98	37.14	29.9	23.08	20.29
Net Interest Income Growth (YoY)	2.28%	24.21%	29.55%	13.76%	2.73%
Other Non-Interest Income	2.2	4.14	2.9	7.09	3.73
Total Non-Interest Income	2.2	4.14	2.9	7.09	3.73
Non-Interest Income Growth (YoY)	-46.92%	42.61%	-59.05%	90.10%	17.79%
Revenues Before Loan Losses	40.18	41.28	32.8	30.16	24.02
Provision for Loan Losses	3.79	0.33	-1.15	-	2.07
Revenue	36.39	40.95	33.95	30.16	21.95
Revenue Growth (YoY)	-11.13%	20.60%	12.55%	37.45%	-3.04%
Other Non-Interest Expense	24.09	24.4	22.02	19.24	16.2
Total Non-Interest Expense	24.09	24.4	22.02	19.24	16.2
EBT Excluding Unusual Items	12.3	16.55	11.94	10.92	5.74
Pretax Income	12.3	16.55	11.94	10.92	5.74
Income Tax Expense	3.46	4.78	3.48	3.17	1.8
Net Income	8.85	11.77	8.45	7.75	3.94
Net Income to Common	8.85	11.77	8.45	7.75	3.94
Net Income Growth	-24.85%	39.25%	9.07%	96.65%	-29.17%
Basic Shares Outstanding	6	6	5	5	5
Diluted Shares Outstanding	6	6	6	5	5
Shares Change (YoY)	4.40%	2.25%	1.90%	2.48%	1.46%
EPS (Basic)	1.52	2.09	1.55	1.45	0.75
EPS (Diluted)	1.49	2.07	1.52	1.42	0.74
EPS Growth	-28.02%	36.18%	7.04%	91.89%	-30.19%
Effective Tax Rate	28.09%	28.86%	29.18%	29.05%	31.39%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.