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Pinnacle Bancorp, Inc. · Central City, NE United States

Company Description

702 B Ave.
Central City, NE
68826
United States (Map)
Phone: 308-946-3883
Fax: 308-946-3885
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    Pinnacle Bancorp wants to at be the apex of financial services for the nation's heartland. It is the holding company for regional bank subsidiaries which together operate about 100 branch offices in the West and Midwest. Pinnacle owns two Pinnacle Bank subsidiaries (Nebraska and Texas), Bank of Colorado, and Pinnacle Bank - Wyoming. The banks serve individual and commercial clients with standard deposit products; lending products include agricultural loans to famers and ranchers. Wealth management products and services are available through an agreement with LPL Investment. George Dinsdale opened Pinnacle Bank in 1934; his family still owns and manages the company. To read the full description, subscribe now.

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    Key Pinnacle Bancorp, Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$293.1
    Employees1,300

    Pinnacle Bancorp, Inc. Executives

    7 executives listed for Pinnacle Bancorp, Inc.'s Central City, NE location.
    TitleName & BioContact
    Chairman and PresidentJ. Sidney DinsdaleNetwork
    VPChristopher DinsdaleNetwork
    President, Pinnacle BankMark HesserNetwork

    Competition

    Competitive Landscape for Pinnacle Bancorp, Inc.
    Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.
    Top Pinnacle Bancorp, Inc. Competitors
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