PackageTrendsPeer
Letter portraitLegal landscape

Pinnacle Bank

Morgan Hill, CA · Cert 58297

State charter, non-member · FDIC · 4 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

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

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets (n=581 to 629). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

66

Q2 2024Q2 2026peer median (50)

Asset Quality

7

Q2 2024Q2 2026peer median (50)

Profitability

32

Q2 2024Q2 2026peer median (50)

Liquidity

70

Q2 2024Q2 2026peer median

Efficiency

31

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

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

Morgan Hill, CA · Cert 58297

State charter, non-member · FDIC · 4 branches

Q2 2026

$937.0MAssets
$576.4MLoans
$810.3MDeposits
$109.5MEquity
Loan mix
92%RE $519.2M8%C&I $45.2M0%Consumer $1.9MQ2 2025Q2 2026
Deposit mix
69%Interest-bearing $563.0M31%Noninterest $247.3MQ2 2025Q2 2026

NIM

6.08%Q2 ’245.55%Q2 ’255.08%Q2 ’26-11%-12%

Non-interest income vs. expense

3.01%Q2 ’242.98%Q2 ’252.80%Q2 ’26+2%-3%

Market Position · San Jose-Sunnyvale-Santa Clara, CA · 2026 SOD (annual) · 0.4% share · #15 of 42 inst. · $0.6B of $175.3B

0.4% Santa Clara
1.6% Monterey

Executive Summary

  • Earnings: ROA of 0.61%, down 33 bps year over year; NIM at 3.54%.
  • Asset quality: problem loans at 2.30% of loans (+84 bps YoY), with net charge-offs at 2.08%.
  • Capital: tier 1 leverage ratio of 11.88%, down 17 bps from a year ago.
  • Funding: loans stand at 71.13% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.61%-33 bps YoY

Net Interest Margin (YTD, annualized)

3.54%-48 bps YoY

Efficiency Ratio (YTD, annualized)

76.41%+624 bps YoY

Tier 1 Leverage Ratio

11.88%-17 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.94%0.78%0.62%0.57%0.61%-33 bps
Return on Equity8.05%6.71%5.28%4.93%5.19%-286 bps
Net Interest Margin4.02%3.93%3.86%3.63%3.54%-48 bps
Efficiency Ratio70.17%67.44%63.09%78.25%76.41%+624 bps
Non-Interest Burden2.75%2.58%2.36%2.79%2.68%-7 bps
Growth
Asset Growth (YoY)3.36%1.61%5.14%5.97%6.70%+334 bps
Loan Growth (YoY)-4.62%-7.35%-2.67%-1.05%1.93%+655 bps
Deposit Growth (YoY)2.48%0.52%4.59%6.26%6.72%+424 bps
Asset Quality
Nonperforming Loans / Loans1.46%2.43%3.44%3.75%2.30%+84 bps
Net Charge-Offs / Loans0.16%0.10%0.07%0.23%2.08%+193 bps
Allowance / Loans1.22%1.58%2.27%2.29%1.27%+4 bps
Allowance Coverage of NPLs0.8x0.7x0.7x0.6x0.6x-0.3x
Capital
Tier 1 Leverage Ratio12.04%11.87%11.80%11.87%11.88%-17 bps
Total Risk-Based Capital17.52%17.76%17.24%17.71%17.54%+2 bps
Equity / Assets11.86%11.65%11.94%11.41%11.69%-17 bps
Liquidity & Funding
Loans / Deposits74.47%72.02%75.81%68.84%71.13%-334 bps
Liquid Assets / Assets21.23%24.16%16.28%19.50%17.71%-352 bps
CRE / Total Capitaln/a434%446%432%n/an/a

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. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Pinnacle Bank

Morgan Hill, CA · Cert 58297 · Peer group: banks under $1B in assets (n=581-629)

State charter, non-member · FDIC · 4 branches

Q2 2026

$937.0MAssets
$576.4MLoans
$810.3MDeposits
$109.5MEquity

Executive Summary

  • Strongest standing: total risk-based capital ratio outperforms 69% of banks under $1B in assets (rank 194 of 629).
  • Widest gap: net charge-offs / loans trails 98% of banks under $1B in assets (rank 573 of 581).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

0.60%

Rank 475 of 629

Net Interest Margin

3.54%

Rank 312 of 629

Efficiency Ratio

76.41%

Rank 438 of 629

Equity / Assets

11.69%

Rank 247 of 629

Non-interest income vs. expense

$1.1M$26.0MINCOMEEXPENSE
Unfavorable gap of $24.9M · efficiency ratio beats 31% of banks under $1B in assets
Bank 76.41%Peer median 67.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.60%0.60%1.01%1.45%Beats 24%475 / 629
Return on Equity5.11%5.38%9.30%13.28%Beats 23%483 / 629
Net Interest Margin3.54%3.03%3.54%4.05%Beats 50%312 / 629
Efficiency Ratio76.41%58.35%67.79%79.08%Beats 31%438 / 629
Asset Quality
Nonperforming Loans / Loans2.30%0.09%0.46%1.20%Beats 11%518 / 581
Net Charge-Offs / Loans1.05%n/a0.01%0.06%Beats 2%573 / 581
Capital
Tier 1 Capital Ratio16.45%11.24%13.84%18.77%Beats 67%208 / 629
Total Risk-Based Capital Ratio17.54%11.58%14.43%19.66%Beats 69%194 / 629
Equity / Assets11.69%9.09%10.65%13.80%Beats 61%247 / 629
Liquidity & Funding
Loans / Deposits71.13%67.24%80.90%93.48%32nd pctl402 / 594
Loans / Assets61.52%53.31%67.71%78.15%38th pctl393 / 629
Brokered Deposits / Depositsn/aNot reported for this institution