Pinnacle Bank Q2 FY26 net income rises 12% to $1.48 million; interest income falls 4% to $11.79 million
PBNK•Balance sheet and asset quality
- Total assets were $936.97 million at June 30, up 7% year-on-year; deposits increased 7% to $810.32 million.
- Loans rose 2% year-on-year to $576.41 million; nonperforming assets were $17.3 million, down from $21.91 million at March 31.
Quarterly earnings and income trends
Pinnacle Bank posted Q2 net income of $1.48 million, up 12% from the prior quarter; EPS rose to $0.25 from $0.22.
- Net interest income slipped 2% quarter-on-quarter to $8.15 million, while non-interest income fell 91% to $46,000.
- Non-interest expense declined 12% from the prior quarter to $6.1 million, while income tax expense increased 36% to $614,000.
