Company Profile
- Pinnacle Bancorp, Inc. (“Pinnacle” or “the company”) is a privately-owned, ~$20 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 ~$6.1 billion ranking #2 in terms of share position, Pinnacle has built / acquired a meaningful share position in the demographically attractive Colorado market – ~$5.1 billion of deposits (#6) – since entering the state in 1978. Pinnacle also reflects $2.2 billion of deposits in Texas – principally DFW until late-2022 – as well as $1 billion in Wyoming. With a fairly active, but smaller transaction scale acquisition strategy prior to 2017, which has supplemented Pinnacle’s organic growth, the company’s December 2022 acquisition of…