Pinnacle Bank Ranks Number 31 in American Banker Magazine’s Top 200 Community Banks and Thrifts
May 20 2014 - 2:05PM
Business Wire
PBNK - Pinnacle Bank, headquartered in Gilroy, California, was
ranked 31st out of 200 top performing community banks and thrifts
in the United States by the American Banker Magazine. A total of
851 institutions, with less than $2 billion in assets, were
considered for the nationwide ranking. Ranking was based on a
3-year average return on equity of 7.8% or higher. Pinnacle Bank’s
ROE was 14%.
“This is our first year making the Top 200 list. We appreciate
this recognition of Pinnacle Bank’s performance. This
accomplishment illustrates the commitment of our directors,
advisors, management and staff to building a strong and valuable
franchise,” stated Susan K. Black, President and Chief Executive
Officer.
About Pinnacle Bank
Pinnacle Bank is a full-service business bank dedicated to
providing quality depository and credit services in Santa Clara,
San Benito and Monterey counties. The bank focuses on commercial
banking services for non-profits, businesses and their principals
offering a variety of products and services that combine the best
of personal touch with convenient technology-based delivery.
Pinnacle Bank has locations in Morgan Hill, Gilroy and Salinas. For
more information please go to www.pinnaclebankonline.com.
Pinnacle BankSusan K. Black, 408-762-7140President & CEO
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