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Pinnacle Bank

Beaverton, OR · Cert 57342

FDIC

Q4 2008

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2008, the quarter ended December 31, 2008, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Pinnacle Bank

Beaverton, OR · Cert 57342

FDIC

Q4 2008

$71.9MAssets
$64.3MLoans
$64.2MDeposits
$6.0MEquity
Loan mix
71%RE $28.9M28%C&I $11.4M1%Consumer $0.3MQ4 2007Q4 2008
Deposit mix
89%Interest-bearing $56.8M11%Noninterest $7.4MQ4 2007Q4 2008

NIM

8.25%Q4 ’069.26%Q4 ’076.50%Q4 ’08+8%-38%

Non-interest income vs. expense

3.61%Q4 ’064.85%Q4 ’074.91%Q4 ’08+34%+4%

Executive Summary

  • Earnings: ROA of -3.68%, down 232 bps year over year; NIM at 3.41%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.68%.
  • Funding: loans stand at 100.26% of deposits as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

-3.68%-232 bps YoY

Net Interest Margin (YTD, annualized)

3.41%-206 bps YoY

Efficiency Ratio (YTD, annualized)

137.29%+5,292 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets-1.36%0.02%-1.49%-1.39%-3.68%-232 bps
Return on Equity-12.45%0.23%-14.96%-13.69%-37.37%-2,492 bps
Net Interest Margin5.48%2.86%3.37%3.30%3.41%-206 bps
Efficiency Ratio84.37%134.47%122.00%133.02%137.29%+5,292 bps
Non-Interest Burden4.58%3.88%4.14%4.45%4.75%+17 bps
Growth
Asset Growth (YoY)-4.41%-0.38%-11.78%-3.08%-17.15%-1,274 bps
Loan Growth (YoY)-24.60%-18.53%-10.02%-6.17%-1.05%+2,355 bps
Deposit Growth (YoY)-0.41%1.12%-10.91%-1.56%-17.09%-1,668 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans5.97%-3.28%0.14%0.12%0.68%-529 bps
Allowance / Loans1.65%2.05%2.56%2.62%2.09%+44 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital11.71%11.46%9.94%10.09%9.96%-175 bps
Equity / Assets10.20%9.67%10.07%10.91%8.29%-191 bps
Liquidity & Funding
Loans / Deposits84.01%80.39%92.40%100.79%100.26%+1,625 bps
Liquid Assets / Assets5.18%6.45%4.27%3.66%0.00%-518 bps
CRE / Total Capitaln/an/an/an/an/an/an/a