June 16 - Pinnacle Bank, headquartered in Gilroy, California, has been ranked number 2 in the country by ICBA of top performing member banks with assets between $150 and $300 million. ICBA utilized year-end FDIC call report earnings data to identify the top 25 community banks in six asset-size categories. Each top-25 listing measures community banks by their return on average asset (ROA) and return on average equity (ROE) ratios for all of 2013.
“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 and delivering excellence,” 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.