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Pinnacle Bank

Marshalltown, IA · Cert 252 · Iowa River Bcorp Inc.

State charter, Fed member · FED · 1 branch

Q2 2026

$324.4MAssets
$210.1MLoans
$268.2MDeposits
$42.4MEquity
Loan mix
85%RE $177.2M13%C&I $27.1M2%Consumer $3.4MQ2 2025Q2 2026
Deposit mix
84%Interest-bearing $224.5M16%Noninterest $43.7MQ2 2025Q2 2026

NIM

5.41%Q2 ’245.14%Q2 ’255.07%Q2 ’26-3%+11%

Non-interest income vs. expense

1.99%Q2 ’241.94%Q2 ’251.81%Q2 ’26-8%-15%

Executive Summary

  • Earnings: ROA of 1.82%, up 39 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 0.75% of loans (-142 bps YoY), with net charge-offs at 0.09%.
  • Capital: tier 1 leverage ratio of 14.66%, up 33 bps from a year ago.
  • Funding: loans stand at 78.32% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.82%+39 bps YoY

Net Interest Margin (quarter, annualized)

3.62%+36 bps YoY

Efficiency Ratio (quarter, annualized)

41.97%-791 bps YoY

Tier 1 Leverage Ratio

14.66%+33 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.43%1.81%1.50%1.63%1.82%+39 bps
Return on Equity11.88%14.73%11.86%12.71%14.05%+217 bps
Net Interest Margin3.26%3.68%3.41%3.37%3.62%+36 bps
Efficiency Ratio49.88%42.35%47.92%45.01%41.97%-791 bps
Non-Interest Burden1.27%1.14%1.26%1.14%1.08%-19 bps
Growth
Asset Growth (YoY)0.56%4.70%5.20%3.09%8.59%+803 bps
Loan Growth (YoY)-0.98%-0.53%1.91%1.63%0.21%+119 bps
Deposit Growth (YoY)1.89%7.01%6.91%3.69%3.73%+184 bps
Asset Quality
Nonperforming Loans / Loans2.17%2.04%2.05%1.98%0.75%-142 bps
Net Charge-Offs / Loans-0.01%0.13%0.01%0.38%0.09%+10 bps
Allowance / Loans1.03%1.02%1.06%0.99%1.03%0 bps
Allowance Coverage of NPLs0.5x0.5x0.5x0.5x1.4x+0.9x
Capital
Tier 1 Leverage Ratio14.33%14.66%13.99%14.68%14.66%+33 bps
Total Risk-Based Capital17.91%17.97%18.15%18.91%19.17%+126 bps
Equity / Assets12.13%12.43%12.89%12.80%13.07%+94 bps
Liquidity & Funding
Loans / Deposits81.07%77.39%80.27%78.68%78.32%-275 bps
Liquid Assets / Assets3.38%7.97%3.31%6.51%2.94%-44 bps
CRE / Total Capitaln/a336%335%334%n/an/a