PBNK Pinnacle Bank (QB)

Pinnacle Bank (OTCBB: PBNK), with offices in Gilroy and Morgan Hill, today announced its unaudited results for the second quarter of 2007. �We are excited by the progress achieved by our Bank during 2007. The results come from our focus on serving small businesses in Santa Clara, San Benito, Monterey counties, and surrounding regions. The support of our organizers, shareholders and customers has been a key factor in our success,� said David J. Funkhouser, President & CEO. � � June 30, 2007(Unaudited) � December 31, 2006 � Change Assets � $58.2 million � $48.0 million � 21.3% Loans � $38.8 million � $20.3 million � 91.1% Deposits � $33.9 million � $22.8 million � 48.7% � � June 30, 2007(Unaudited) � March 31, 2007(Unaudited) � Change Assets � $58.2 million � $51.9 million � 12.1% Loans � $38.8 million � $29.5 million � 31.5% Deposits � $33.9 million � $27.2 million � 24.6% Pinnacle Bank opened in Morgan Hill on July 17, 2006 and our Gilroy office opened on January 29, 2007. About Pinnacle Bank Pinnacle Bank is a full-service business bank dedicated to providing quality depository and credit services to businesses, professionals, individuals, developers, and commercial property owners in Santa Clara, San Benito, Monterey counties, and surrounding regions. The bank focuses on commercial banking services for small to medium-sized businesses, offering a variety of products and services that combine the best of personal touch with convenient technology-based client service. And unlike other community banks, Pinnacle Bank is locally owned and locally managed. Pinnacle Bank has locations in Morgan Hill and Gilroy.