Pinnacle Bancorp, Inc. (“Pinnacle” or “the company”) is a privately-owned, ~$21 billion-asset, multibank holding company headquartered in Omaha (NE). Founded and principally owned by the Dinsdale family, including, but not limited to the company’s Chairman, Sid Dinsdale, Pinnacle’s multi-decade operating history has been centered on its firmly ingrained community banking business model.
With a home state (NE) deposit base of ~$7.8 billion ranking #2 in terms of share position, Pinnacle has built / acquired a meaningful share position in the demographically attractive Colorado market – ~$6.8 billion of deposits (#6) – since entering the state in 1978. Pinnacle also reflects $2.4 billion of deposits in Texas – principally DFW until the late-2022 acquisition of San Antonio-based, Crockett National Bank (“Crockett”) with ~$570 million of assets – as well as $1.2 billion in Wyoming. Since purchasing Crockett, Pinnacle has not completed a bank acquisition,…
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