Pinnacle Bankshares Corporation (PPBN)

Pinnacle Bankshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	39.02	37.83	32.41	25.93	25.2	19.7
Interest Income on Investments	9.91	9.91	9.48	5.86	1.61	1.09
Total Interest Income	48.93	47.74	41.89	31.79	26.82	20.79
Interest Paid on Deposits	12.42	12.3	8.72	1.35	1.73	2.52
Total Interest Expense	12.42	12.3	8.72	1.35	1.73	2.52
Net Interest Income	36.52	35.45	33.17	30.44	25.09	18.27
Net Interest Income Growth (YoY)	9.83%	6.86%	8.97%	21.33%	37.33%	3.36%
Mortgage Banking Activities	0.38	0.38	0.22	0.63	1.27	1.11
Other Non-Interest Income	4.16	4.04	4.23	2.89	3.05	2.84
Total Non-Interest Income	8	7.88	7.96	7.02	7.19	5.98
Non-Interest Income Growth (YoY)	1.99%	-1.07%	13.40%	-2.28%	20.22%	29.31%
Revenues Before Loan Losses	44.52	43.33	41.14	37.46	32.28	24.25
Provision for Loan Losses	0.77	0.75	0.07	0.19	0.23	0.25
Revenue	43.75	42.58	41.07	37.27	32.04	24
Revenue Growth (YoY)	6.53%	3.67%	10.18%	16.32%	33.54%	8.40%
Salaries and Employee Benefits	16.06	16.06	15.28	14.53	14.54	10.27
Federal Deposit Insurance	0.58	0.58	0.61	0.6	0.48	0.27
Selling, General & Administrative	4.63	4.63	4.5	4.02	4.24	3.16
Other Non-Interest Expense	11.14	10.15	8.9	8.09	7.12	5.93
Total Non-Interest Expense	32.41	31.42	29.28	27.24	26.38	19.62
EBT Excluding Unusual Items	11.34	11.16	11.79	10.04	5.66	4.37
Other Unusual Items	-	-	-	-	-	2.69
Pretax Income	11.34	11.16	11.79	10.04	5.22	4.18
Income Tax Expense	1.98	1.98	2.02	1.79	0.84	1.11
Net Income	9.36	9.18	9.76	8.24	4.38	3.06
Net Income to Common	9.36	9.18	9.76	8.24	4.38	3.06
Net Income Growth	1.61%	-5.98%	18.44%	88.39%	42.88%	-30.35%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	0.89%	0.78%	0.65%	0.47%	30.55%	6.57%
EPS (Basic)	4.22	4.15	4.45	3.78	2.02	1.85
EPS (Diluted)	4.22	4.15	4.45	3.78	2.02	1.84
EPS Growth	0.66%	-6.75%	17.72%	87.18%	9.75%	-34.75%
Dividend Per Share	0.750	1.000	0.850	0.610	0.560	0.560
Dividend Growth	-	17.65%	39.34%	8.93%	-	2.75%
Effective Tax Rate	17.47%	17.75%	17.17%	17.88%	16.14%	26.68%

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