Pinnacle Bank Mortgage Rates, Fees & Info

Lincoln, NE

LEI: 549300PZ44DNQDPOV865

Tax ID: 47-0098450

5 stars - out of 5 stars, based on 62 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Pinnacle Bank is a smaller bank specializing in Home Purchase and Refi loans. Pinnacle Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Omaha, Lincoln, Columbus, Denver, and Fremont among others. Pinnacle Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Pinnacle Bank is typically a low fee lendor.


Originations

3,813

Origination Dollar Volume (All Markets)

$969,545,000

Employee count

876 Show all (34) awards

Relative Rate

Pinnacle Bank's average 30 year fixed rate mortgage of loans were 2.85%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.3%.

Relative Fees

Pinnacle Bank's average total fees for a 30 year fixed rate mortgage are $2,482.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 953 $363,455,000 $381,380 $2,203 3.07%
LINCOLN, NE (FHA|USDA|VA) 923 $216,195,000 $234,231 $1,549 3.06%
Outside of Metro Areas 693 $106,915,000 $154,278 $1,966 3.50%
Columbus, NE (FHA|USDA|VA) 218 $41,120,000 $188,624 $2,815 3.08%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 16 $31,700,000 $1,981,250 $2,084 3.00%
Fremont, NE (FHA|USDA|VA) 169 $27,995,000 $165,651 $2,061 3.48%
Hastings, NE (FHA|USDA|VA) 172 $27,750,000 $161,337 $2,456 3.20%
GRAND ISLAND, NE (FHA|USDA|VA) 144 $27,020,000 $187,639 $2,386 3.17%
Kearney, NE (FHA|USDA|VA) 121 $25,135,000 $207,727 $2,330 3.06%
JOPLIN, MO (FHA|USDA|VA) 102 $18,420,000 $180,588 $2,114 3.33%
KANSAS CITY, MO-KS (FHA|USDA|VA) 38 $9,830,000 $258,684 $1,826 3.11%
Lexington, NE (FHA|USDA|VA) 52 $8,700,000 $167,308 $2,452 3.18%
Beatrice, NE (FHA|USDA|VA) 50 $6,800,000 $136,000 $1,610 3.63%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 14 $4,690,000 $335,000 $2,759 3.27%
FARGO, ND-MN (FHA|USDA|VA) 1 $3,505,000 $3,505,000 $0 3.50%
AMES, IA (FHA|USDA|VA) 1 $3,285,000 $3,285,000 $0 3.85%
Pittsburg, KS (FHA|USDA|VA) 5 $3,285,000 $657,000 $1,817 3.38%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 8 $3,270,000 $408,750 $3,895 2.89%
Norfolk, NE (FHA|USDA|VA) 19 $3,065,000 $161,316 $2,893 3.30%
SPRINGFIELD, MO (FHA|USDA|VA) 13 $2,965,000 $228,077 $3,253 3.23%
Edwards, CO (FHA|USDA|VA) 2 $2,740,000 $1,370,000 $0 3.01%
WICHITA, KS (FHA|USDA|VA) 2 $1,980,000 $990,000 $7,602 3.06%
Jackson, WY-ID (FHA|USDA|VA) 2 $1,880,000 $940,000 $0 4.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 4 $1,770,000 $442,500 $4,742 3.35%
FORT COLLINS, CO (FHA|USDA|VA) 2 $1,050,000 $525,000 $3,146 2.56%
Steamboat Springs, CO (FHA|USDA|VA) 2 $1,000,000 $500,000 $2,500 3.85%
SIOUX FALLS, SD (FHA|USDA|VA) 2 $890,000 $445,000 $2,419 2.94%
Aberdeen, SD (FHA|USDA|VA) 2 $840,000 $420,000 $0 3.25%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $735,000 $245,000 $8,895 2.88%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $725,000 $725,000 $0 4.25%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 3 $705,000 $235,000 $2,018 2.54%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $705,000 $705,000 $0 3.50%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 4 $700,000 $175,000 $3,435 3.88%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $690,000 $345,000 $1,934 3.13%
North Platte, NE (FHA|USDA|VA) 5 $685,000 $137,000 $2,464 3.25%
Fort Dodge, IA (FHA|USDA|VA) 1 $655,000 $655,000 $0 3.85%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $645,000 $645,000 $0 3.50%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $620,000 $310,000 $1,709 2.00%
Spirit Lake, IA (FHA|USDA|VA) 2 $610,000 $305,000 $2,450 2.63%
TWIN FALLS, ID (FHA|USDA|VA) 2 $580,000 $290,000 $2,148 3.56%
Mason City, IA (FHA|USDA|VA) 2 $580,000 $290,000 $2,589 2.38%
GREELEY, CO (FHA|USDA|VA) 2 $570,000 $285,000 $2,079 2.44%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $555,000 $555,000 $5,301 2.99%
BOULDER, CO (FHA|USDA|VA) 1 $545,000 $545,000 $1,814 2.50%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 2 $540,000 $270,000 $4,727 2.63%
Granbury, TX (FHA|USDA|VA) 1 $505,000 $505,000 $4,849 2.13%
Breckenridge, CO (FHA|USDA|VA) 1 $485,000 $485,000 $2,764 2.75%
RAPID CITY, SD (FHA|USDA|VA) 3 $475,000 $158,333 $2,174 2.96%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $465,000 $465,000 $1,887 2.88%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $455,000 $455,000 $3,798 3.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $445,000 $445,000 $3,544 2.13%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $445,000 $445,000 $3,346 2.63%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $445,000 $445,000 $5,412 2.25%
Brainerd, MN (FHA|USDA|VA) 2 $420,000 $210,000 $3,821 2.56%
Crossville, TN (FHA|USDA|VA) 1 $415,000 $415,000 $0 3.50%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $385,000 $385,000 $2,153 3.13%
Spearfish, SD (FHA|USDA|VA) 2 $380,000 $190,000 $0 3.95%
Yankton, SD (FHA|USDA|VA) 1 $375,000 $375,000 $0 3.25%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $345,000 $345,000 $1,900 2.38%
Paris, TN (FHA|USDA|VA) 1 $345,000 $345,000 $3,177 1.88%
Salina, KS (FHA|USDA|VA) 4 $340,000 $85,000 $1,362 4.32%
TOPEKA, KS (FHA|USDA|VA) 2 $340,000 $170,000 $2,494 3.44%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $325,000 $325,000 $2,348 3.38%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $325,000 $325,000 $0 4.75%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $315,000 $315,000 $13,929 2.25%
DUBUQUE, IA (FHA|USDA|VA) 1 $275,000 $275,000 $2,741 2.88%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $265,000 $265,000 $1,688 2.00%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $245,000 $245,000 $2,246 2.88%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.75%
Richmond-Berea, KY (FHA|USDA|VA) 1 $215,000 $215,000 $2,942 2.38%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $215,000 $215,000 $2,100 2.50%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $215,000 $215,000 $6,291 3.00%
Riverton, WY (FHA|USDA|VA) 1 $215,000 $215,000 $2,744 2.99%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $205,000 $205,000 $2,772 2.25%
Branson, MO (FHA|USDA|VA) 1 $205,000 $205,000 $1,939 2.13%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $195,000 $195,000 $2,535 2.50%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $195,000 $195,000 $1,805 2.25%
LAWRENCE, KS (FHA|USDA|VA) 1 $165,000 $165,000 $2,531 2.88%
Atchison, KS (FHA|USDA|VA) 1 $115,000 $115,000 $2,568 2.88%
TULSA, OK (FHA|USDA|VA) 1 $95,000 $95,000 $2,622 2.63%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $95,000 $95,000 $0 4.75%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $85,000 $85,000 $0 3.95%
Carroll, IA (FHA|USDA|VA) 1 $85,000 $85,000 $2,621 2.63%
BISMARCK, ND (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.75%
LAWTON, OK (FHA|USDA|VA) 1 $35,000 $35,000 $1,895 3.95%

Pinnacle Bank's top markets include Omaha, Lincoln, Columbus, Denver, and Fremont among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 3,567 $920,195,000 $257,974 $1,831 3.23%
FHA 87 $15,565,000 $178,908 $5,514 2.70%
VA 83 $22,745,000 $274,036 $4,622 2.39%
USDA 76 $11,040,000 $145,263 $3,932 2.73%

For the 2021 period, Pinnacle Bank's most frequently originated loan type of loans were Conventional, with 3,567 originations. Their 2nd most popular type is FHA, with 87 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,844 $569,000,000 $308,568 $2,586 3.33%
Refi 1,248 $258,390,000 $207,043 $1,545 3.08%
Cash Out Refi 560 $128,270,000 $229,054 $2,132 2.76%
Other 81 $9,425,000 $116,358 $1,053 3.83%
Home Improvement 80 $4,460,000 $55,750 $503 4.20%

For the 2021, Pinnacle Bank's most frequently cited loan purpose of loans were Home Purchase, with 1,844 originations. The 2nd most popular reason of loans were Refi, with 1,248 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,755 $412,635,000 $235,120 $2,482 2.85%
Other 558 $93,250,000 $167,115 $922 4.00%
15 Year 540 $113,000,000 $209,259 $1,924 2.40%
5 Year 503 $117,445,000 $233,489 $391 4.01%
10 Year 189 $181,235,000 $958,915 $1,370 3.37%
1 Year 141 $27,815,000 $197,270 $0 4.50%
20 Year 121 $23,855,000 $197,149 $1,854 2.82%
3 Year 6 $310,000 $51,667 $410 3.99%

For the 2021, Pinnacle Bank's most frequently cited loan length of loans were 30 Year, with 1,755 originations. The 2nd most popular length of loans were Other, with 558 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 2,081 $420,155,000 $201,901
$1k-2k 920 $202,430,000 $220,033
$2k-3k 29 $6,635,000 $228,793
$3k-4k 10 $2,760,000 $276,000
$5k+ 4 $1,820,000 $455,000

$2,482 of loans were Pinnacle Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 2,081 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,254 $397,800,000 $317,225
2.5-3% 1,250 $306,350,000 $245,080
<2.5% 841 $209,275,000 $248,841
4-5% 442 $53,560,000 $121,176
5-6% 20 $2,310,000 $115,500
Over 8% 4 $60,000 $15,000
6-7% 2 $190,000 $95,000

During 2021, Pinnacle Bank's average interest rate of loans were 2.85%, while their most frequently originated rate bucket of loans were 3-4%, with 1,254 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 1,373 $204,975,000 $149,290 $2,137 3.14%
$200k-400k 1,273 $349,455,000 $274,513 $2,260 2.85%
$100,000 or less 859 $50,695,000 $59,016 $1,153 3.86%
$400k-600k 246 $116,620,000 $474,065 $2,812 2.83%
$1MM+ 38 $230,630,000 $6,069,211 $4,328 3.68%
$600k-1MM 24 $17,170,000 $715,417 $1,375 3.84%

2021 saw Pinnacle Bank place emphasis on $100k-200k loans with 1,373 originations, totaling $204,975,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 739 $171,305,000 $231,806 $2,064 3.01%
$50k-75k 709 $110,655,000 $156,072 $2,110 3.10%
$75k-100k 513 $97,485,000 $190,029 $2,154 3.04%
$50k or less 507 $58,725,000 $115,828 $2,015 3.38%
$150k-250k 500 $130,700,000 $261,400 $2,093 2.99%
$250k+ 218 $72,950,000 $334,633 $2,111 3.00%

Pinnacle Bank lent most frequently to those with incomes in the $100k-150k range, with 739 originations. The second most popular income band? $50k-75k, with 709 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 923 $178,025,000 $192,876 $1,919 3.03%
30-36% 643 $133,855,000 $208,173 $2,154 3.07%
<20% 539 $103,375,000 $191,790 $1,716 3.07%
36% 117 $23,315,000 $199,274 $2,428 3.09%
41% 109 $20,965,000 $192,339 $2,107 3.13%
40% 104 $22,210,000 $213,558 $2,507 3.00%
42% 103 $24,865,000 $241,408 $2,565 2.92%
39% 94 $20,950,000 $222,872 $2,187 3.07%
38% 88 $18,680,000 $212,273 $2,201 3.04%
37% 85 $19,165,000 $225,471 $2,439 2.97%
43% 75 $15,655,000 $208,733 $2,434 3.06%
45% 55 $13,185,000 $239,727 $2,192 2.96%
44% 49 $10,875,000 $221,939 $2,410 2.95%
47% 41 $8,875,000 $216,463 $2,111 3.04%
46% 38 $9,420,000 $247,895 $2,810 2.84%
48% 33 $7,435,000 $225,303 $2,592 3.04%
50-60% 31 $5,945,000 $191,774 $2,274 3.84%
49% 28 $5,960,000 $212,857 $2,658 3.15%
>60% 18 $3,620,000 $201,111 $834 3.89%

Pinnacle Bank lent most frequently to those with DTI ratios of 20-30%, with 923 originations. The next most common DTI ratio? 30-36%, with 643 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 3,080 $609,730,000 $197,964 $2,061 3.11%
Not applicable 457 $295,945,000 $647,582 $671 3.89%
Not provided 199 $46,795,000 $235,151 $2,203 2.89%
Asian 33 $8,475,000 $256,818 $2,275 3.12%
Black 18 $3,750,000 $208,333 $2,224 3.01%
American Indian 15 $2,055,000 $137,000 $2,499 3.41%
Asian Indian 4 $1,440,000 $360,000 $1,896 2.78%
Other Asian 4 $920,000 $230,000 $2,084 2.88%
Filipino 2 $270,000 $135,000 $1,342 3.41%
Native Hawaiian 1 $165,000 $165,000 $2,283 2.75%

Approval Rates

Total approvals of all applications
95.43%

Pinnacle Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
89.01%

Pinnacle Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
0.0 1 $235,000 $235,000
100.0 1 $15,000 $15,000
150.0 4 $310,000 $77,500
NA 3,807 $968,985,000 $254,527

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
3,813 $969,545,000 $254,274

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 362 $62,550,000 $172,790 $1,359 3.62%
40-60% 687 $123,195,000 $179,323 $1,782 3.15%
60-80% 1,523 $504,165,000 $331,034 $1,946 3.14%
80-100% 1,017 $261,305,000 $256,937 $2,651 3.00%
Over 100% 18 $4,960,000 $275,556 $11,334 2.77%
Under 20% 204 $12,820,000 $62,843 $381 3.95%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
Pinnacle Lending Group, Inc. Conventional home mortgage Closing on a mortgage 1 100.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Pinnacle Bank 1001 Avenue E Wisner, NE 68791 Full Service B&M $50,843
Pinnacle Bank 10805 Q Street Omaha, NE 68137 Full Service B&M $508,050
Pinnacle Bank 1100 Park Drive Springfield, NE 68059 Full Service B&M $7,282
Pinnacle Bank 1119 16th Street Aurora, NE 68818 Limited, Drive-thru $0
Pinnacle Bank 1200 Golden Gate Drive Papillion, NE 68046 Full Service B&M $341,784
Pinnacle Bank 122 South Walnut Arnold, NE 69120 Full Service B&M $27,387
Pinnacle Bank 1234 L Street Aurora, NE 68818 Full Service B&M $174,630
Pinnacle Bank 12350 Southport Parkway Lavista, NE 68128 Full Service B&M $62,802
Pinnacle Bank 13131 W Dodge Road Omaha, NE 68154 Full Service B&M $204,359
Pinnacle Bank 1316 East 32nd Street Joplin, MO 64804 Limited, Drive-thru $7,582
Pinnacle Bank 13240 Callum Dr Waverly, NE 68462 Full Service B&M $12,324
Pinnacle Bank 1401 N Street Lincoln, NE 68508 Full Service B&M $275,872
Pinnacle Bank 143 East 13th Street Crete, NE 68333 Full Service B&M $128,187
Pinnacle Bank 1500 North Buckeye Abilene, KS 67410 Limited, Drive-thru $0
Pinnacle Bank 1520 East 23rd Fremont, NE 68025 Limited, Drive-thru $0
Pinnacle Bank 1601 North 84th Street Lincoln, NE 68505 Full Service B&M $7,625
Pinnacle Bank 1605 Denver Street Schuyler, NE 68661 Limited, Drive-thru $0
Pinnacle Bank 1651 West 7th Street Suite 1 Joplin, MO 64801 Full Service B&M $10,471
Pinnacle Bank 16821 Audrey Street Omaha, NE 68136 Full Service B&M $41,852
Pinnacle Bank 1776 South 70th Street Lincoln, NE 68506 Full Service B&M $73,546
Pinnacle Bank 18081 Burt Street Elkhorn, NE 68022 Full Service B&M $141,114
Pinnacle Bank 201 East 2nd Street Ogallala, NE 69153 Full Service B&M $129,254
Pinnacle Bank 201 Sun Valley Blvd. Lincoln, NE 68528 Full Service B&M $20,402
Pinnacle Bank 20320 Veterans Drive Elkhorn, NE 68022 Full Service B&M $41,038
Pinnacle Bank 20544 Husker Drive Gretna, NE 68028 Full Service Cyber Office $15,652
Pinnacle Bank 206 East 6th Street Lexington, NE 68850 Limited, Drive-thru $0
Pinnacle Bank 210 E 23rd Street Columbus, NE 68601 Full Service B&M $0
Pinnacle Bank 215 North Walnut Shelby, NE 68662 Full Service B&M $52,753
Pinnacle Bank 218 Main Street Louisville, NE 68037 Full Service B&M $90,282
Pinnacle Bank 2433 S Range Line Rd Joplin, MO 64804 Full Service B&M $42,560
Pinnacle Bank 26500 Ne Colbern Rd Lake Lotawana, MO 64086 Full Service B&M $101,436
Pinnacle Bank 2661 33rd Avenue Columbus, NE 68601 Limited, Mobile/Seasonal Office $0
Pinnacle Bank 2661 33rd Avenue Columbus, NE 68601 Full Service B&M $238,203
Pinnacle Bank 2703 Folkways Blvd Lincoln, NE 68504 Full Service B&M $63,708
Pinnacle Bank 301 East 11th Street Schuyler, NE 68661 Full Service B&M $167,649
Pinnacle Bank 301 Smith Elwood, NE 68937 Full Service B&M $36,936
Pinnacle Bank 320 G Street Central City, NE 68826 Full Service B&M $60,486
Pinnacle Bank 320 North State Street Osceola, NE 68651 Full Service B&M $63,047
Pinnacle Bank 323 W 11th St Kearney, NE 68845 Full Service B&M $20,988
Pinnacle Bank 324 Main Street Neligh, NE 68756 Full Service B&M $94,091
Pinnacle Bank 345 Central Avenue Grant, NE 69140 Full Service B&M $72,375
Pinnacle Bank 3939 South Street Lincoln, NE 68506 Full Service B&M $103,496
Pinnacle Bank 400 Main Street Verdigre, NE 68783 Full Service B&M $24,445
Pinnacle Bank 400 Tate Avenue Hayes Center, NE 69032 Full Service B&M $24,903
Pinnacle Bank 401 4th And Main Street Humphrey, NE 68642 Full Service B&M $11,062
Pinnacle Bank 401 North Spruce Street Abilene, KS 67410 Full Service B&M $134,939
Pinnacle Bank 408 N D St Fairfield, NE 68938 Full Service B&M $14,143
Pinnacle Bank 410 North Washington Street Lexington, NE 68850 Full Service B&M $157,191
Pinnacle Bank 424 Main St Neligh, NE 68756 Limited, Drive-thru $0
Pinnacle Bank 4251 South 144th Street Omaha, NE 68137 Full Service B&M $27,884
Pinnacle Bank 429 East Douglas Oneill, NE 68763 Full Service B&M $174,886
Pinnacle Bank 447 Broadway Imperial, NE 69033 Full Service B&M $107,378
Pinnacle Bank 450 West 23rd St Fremont, NE 68025 Limited, Drive-thru $0
Pinnacle Bank 501 Cross Street Sarcoxie, MO 64862 Full Service B&M $23,263
Pinnacle Bank 5010 O Street Lincoln, NE 68504 Full Service Retail $7,726
Pinnacle Bank 523 Court Street Beatrice, NE 68310 Full Service B&M $144,454
Pinnacle Bank 523 North Sixth Street Beatrice, NE 68310 Limited, Drive-thru $0
Pinnacle Bank 530 North Burlington Avenue Hastings, NE 68901 Full Service B&M $111,732
Pinnacle Bank 5651 S 59th St Lincoln, NE 68516 Full Service B&M $74,794
Pinnacle Bank 600 Q St, Ste 110 Lincoln, NE 68508 Full Service B&M $2,424
Pinnacle Bank 601 Chief Street Benkelman, NE 69021 Full Service B&M $61,270
Pinnacle Bank 602 West B Street Mccook, NE 69001 Full Service B&M $91,634
Pinnacle Bank 611 Pinnacle Drive Papillion, NE 68046 Full Service B&M $36,127
Pinnacle Bank 6145 Havelock Avenue Lincoln, NE 68507 Full Service B&M $102,507
Pinnacle Bank 7000 Adams Street Lincoln, NE 68507 Full Service B&M $44,777
Pinnacle Bank 7001 South 27th St Lincoln, NE 68512 Full Service B&M $161,722
Pinnacle Bank 802 S Main St Joplin, MO 64801 Full Service B&M $124,429
Pinnacle Bank 817 Village Square Gretna, NE 68028 Full Service B&M $247,881
Pinnacle Bank 8340 W Dodge Rd Omaha, NE 68114 Full Service B&M $69,235
Pinnacle Bank 912 Commercial Street Palmer, NE 68864 Full Service B&M $44,703
Pinnacle Bank 99 West Sixth Street Fremont, NE 68025 Full Service B&M $384,690
Pinnacle Bank Lincoln And Davis Streets Roseland, NE 68973 Full Service B&M $15,275
Pinnacle Bank 1010 S Madison Ste M Webb City, MO 64870 Full Service Retail $19,119
Pinnacle Bank 1016 Douglas On The Mall Omaha, NE 68102 Full Service B&M $30,621
Pinnacle Bank 102 East Cary Street Papillion, NE 68046 Full Service B&M $36,466
Pinnacle Bank 106 E 3rd St Grand Island, NE 68801 Full Service B&M $61,275
Pinnacle Bank 108 South Main Street Madison, NE 68748 Full Service B&M $53,887

For 2021, Pinnacle Bank had 77 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $225,209
Net interest income $209,093
Total noninterest income $43,820
Gross Fiduciary activities income $2,533
Service charges on deposit accounts $8,164
Trading account gains and fees $0
Additional Noninterest Income $33,123
Pre-tax net operating income $122,912
Securities gains (or losses, -) $0
Income before extraordinary items $97,388
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $97,388
Minority interest net income $0
Net income $97,388
Sale, conversion, retirement of capital stock, net $0
Net operating income $97,388

Pinnacle Bank's gross interest income from loans was $225,209,000.
Pinnacle Bank's net interest income from loans was $209,093,000.
Pinnacle Bank's fee based income from loans was $8,164,000.
Pinnacle Bank's net income from loans was $97,388,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $16,116
Provision for credit losses $1,242
Total noninterest expense $128,759
Salaries and employee benefits $76,767
Premises and equipment expense $12,594
Additional noninterest expense $39,398
Applicable income taxes $25,524
Net charge-offs $-105
Cash dividends $5,000

Pinnacle Bank's interest expense for loans was $16,116,000.
Pinnacle Bank's payroll and benefits expense were $76,767,000.
Pinnacle Bank's property, plant and equipment expenses $12,594,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.4%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $6,984,915
Deposits held in domestic offices $6,984,915
Deposits by Individuals, partnerships, and corporations $6,410,565
Deposits by U.S. Government $1
Deposits by States and political subdivisions in the U.S. $572,779
Deposits by Commercial banks and other depository institutions in U.S. $1,570
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $2,181,413
Demand deposits $1,935,381
Nontransaction accounts $4,803,502
Money market deposit accounts (MMDAs) $3,205,042
Other savings deposits (excluding MMDAs) $772,768
Total time deposits $825,692
Total time and savings deposits $5,049,534
Noninterest-bearing deposits $940,200
Interest-bearing deposits $6,044,715
Retail deposits $6,743,007
IRAs and Keogh plan accounts $111,378
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $7,852,003
Cash & Balances due from depository institutions $764,922
Interest-bearing balances $654,598
Total securities $2,193,205
Federal funds sold & reverse repurchase $0
Net loans and leases $4,688,495
Loan and leases loss allowance $65,364
Trading account assets $0
Bank premises and fixed assets $89,740
Other real estate owned $0
Goodwill and other intangibles $23,622
All other assets $92,019

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $7,852,003
Total Liabilities $7,154,428
Total deposits $6,984,915
Interest-bearing deposits $6,044,715
Deposits held in domestic offices $6,984,915
% insured (estimated) $66
Federal funds purchased and repurchase agreements $84,475
Trading liabilities $0
Other borrowed funds $45,486
Subordinated debt $0
All other liabilities $39,552

Issued Loan Types

Type Value (in 000's)
Net loans and leases $4,688,495
Loan and leases loss allowance $65,364
Total loans and leases (domestic) $4,753,859
All real estate loans $3,484,807
Real estate loans in domestic offices $3,484,807
Construction and development loans $624,939
Residential 1-4 family construction $138,383
Other construction, all land development and other land $486,556
Loans secured by nonfarm nonresidential properties $1,427,735
Nonfarm nonresidential secured by owner-occupied properties $412,896
Commercial real estate & other non-farm, non-residential $1,014,839
Multifamily residential real estate $293,746
1-4 family residential loans $586,772
Farmland loans $551,615
Loans held in foreign offices $0
Farm loans $612,470
Commercial and industrial loans $482,157
To non-U.S. addressees $0
Loans to individuals $63,687
Credit card loans $4,054
Related Plans $885
Consumer Auto Loans $34,791
Other loans to individuals $23,957
All other loans & leases $114,806
Loans to foreign governments and official institutions $0
Other loans $9,586
Loans to depository institutions and acceptances of other banks $36,516
Loans not secured by real estate $8,666
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $0
Non 1-4 family restructured loans & leases $0
Total loans and leases (foreign) $0

Pinnacle Bank had $4,688,495,000 of loans outstanding in 2021. $3,484,807,000 of loans were in real estate loans. $624,939,000 of loans were in development loans. $293,746,000 of loans were in multifamily mortgage loans. $586,772,000 of loans were in 1-4 family mortgage loans. $612,470,000 of loans were in farm loans. $4,054,000 of loans were in credit card loans. $34,791,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 989 $205,778 $208,067
Nonfarm, nonresidential loans - <$100k 284 $10,728 $37,775
Nonfarm, nonresidential loans - $100-250k 315 $36,689 $116,473
Nonfarm, nonresidential loans - $250k-1MM 390 $158,361 $406,054
Commercial & Industrial, US addressed loans - <$1MM 2,608 $149,821 $57,447
Commercial & Industrial, US addressed loans - <$100k 1,806 $33,628 $18,620
Commercial & Industrial, US addressed loans - $100-250k 433 $37,394 $86,360
Commercial & Industrial, US addressed loans - $250k-1MM 369 $78,799 $213,547
Farmland loans - <$1MM 893 $138,329 $154,904
Farmland loans - <$100k 234 $9,477 $40,500
Farmland loans - $100-250k 359 $45,625 $127,089
Farmland loans - $250k-1MM 300 $83,227 $277,423
Agriculture operations loans - <$1MM 1,582 $107,895 $68,202
Agriculture operations loans - <$100k 891 $18,317 $20,558
Agriculture operations loans - $100-250k 359 $28,683 $79,897
Agriculture operations loans - $250k-1MM 332 $60,895 $183,419