Pinnacle Bancshares

Banks and investments

Description

Pinnacle Bancshares, Inc. is a bank holding company whose principal activity is the ownership and management of its subsidiary, Pinnacle Bank.

The Bank is primarily in the business of obtaining funds in the form of various savings, demand deposit, and time deposit products and investing those funds in mortgage, consumer, and commercial loans. The Bank operates in approximately seven offices in the central and northwest portions of Alabama and originates its loans in this market area.

The Company offers various types of real estate loan products, including Commercial real estate mortgage loans, Loans for real estate construction and development, Residential mortgage loans and Other real estate mortgage loans. Its commercial non-real estate loan portfolio segment includes commercial, financial, agricultural, and municipal tax free loans. Its Securities available for sale include Municipal securities, Corporate securities and Mortgage-backed securities.

Website

https://www.pinnaclebanc.com

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