Pinnacle reported net income per diluted common share of $0.78 for the quarter ended Dec. 31, 2016, compared to net income per diluted common share of $0.65 for the quarter ended Dec. 31, 2015, an increase of 20.0 percent. Excluding pre-tax merger-related charges of $3.3 million and $11.7 million for the three months and year ended Dec. 31, 2016, respectively, net income per diluted common share was $0.83 and $3.07, respectively.
“The service I receive from Pinnacle is second to none. The courier service works great for us. It’s better than having a bank next door.”
Pinnacle helps a couple refinance their mortgage and set up a bi-weekly payment plan that will help them pay off their mortgage in about eight years.