Pinnacle Bank Announces Fifth Consecutive Profitable Quarter

Pinnacle Bank (OTCBB:PBNK), headquartered in Gilroy, California, announced today its fifth consecutive profitable quarter. For the three months ended September 30, 2011, the Bank reported net income of $188,000 compared to $58,000 in the comparable quarter of 2010. Year-to-date net income through September 30, 2011 was $454,000 compared to a loss of $1,388,000 in the same period last year. As of September 30, 2011, total assets were $159.3 million, a 9% increase from the $146.1 million at December 31...continued PBNK  usbank shares mortgage

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