ALTAVISTA, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.25 per share on November 12, 2024, payable December 6, 2024, to shareholders of record as of November 22, 2024.

ALTAVISTA, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (the “Company” or “Pinnacle”) for First National Bank (the “Bank”), was $2,085,000, or $0.94 per basic and diluted share, for the third quarter of 2024, while net income for the nine months ended September 30, 2024 was $6,377,000, or $2.88 per basic and diluted share. In comparison, net income was $2,794,000, or $1.27 per basic and diluted share, and $7,483,000, or $3.41 per basic and diluted share, respectively, for the same periods of 2023. Consolidated results for the quarter and the nine-month periods are unaudited.

ALTAVISTA, Va., Sept. 11, 2024 (GLOBE NEWSWIRE) -- First National Bank, a subsidiary of Pinnacle Bankshares Corporation (OTCQX: PPBN), is proud to announce that Allison G. Daniels has transitioned into the role of Senior Vice President and Chief Information Officer and that Michelle M. Gaydica has joined the Bank as Senior Vice President and Chief Operating Officer.

ALTAVISTA, Va., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.25 per share on August 13, 2024, payable September 6, 2024, to shareholders of record as of August 23, 2024.

ALTAVISTA, Va., July 26, 2024 (GLOBE NEWSWIRE) -- Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (the “Company” or “Pinnacle”) for First National Bank (the “Bank”), was $2,208,000, or $1.00 per basic and diluted share, for the second quarter of 2024. Net income for the six months ended June 30, 2024 was $4,292,000, or $1.94 per basic and diluted share. In comparison, net income was $2,051,000, or $0.93 per basic and diluted share, and $4,690,000, or $2.14 per basic and diluted share, respectively, for the same periods of 2023. Consolidated results for the quarter and the year are unaudited.

ALTAVISTA, Va., July 16, 2024 (GLOBE NEWSWIRE) -- First National Bank (the “Bank”), a subsidiary of Pinnacle Bankshares Corporation, is pleased to announce it will be opening a Loan Production Office (LPO) in the Town of Halifax, Virginia, with plans of opening a full-service branch in the area.

ALTAVISTA, Va., May 22, 2024 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (OTCQX: PPBN), the one-bank holding company (the “Company” or “Pinnacle”) of First National Bank (“the Bank” or "First National”), would like to announce that one (1) new Director was elected and four (4) Directors were re-elected during the Company’s Annual Meeting of Shareholders conducted on May 14, 2024. Additionally, three (3) Directors, whose terms expired, retired from the Board. During the meeting shareholders also approved the Company’s 2024 Incentive Stock Plan.

ALTAVISTA, Va., May 15, 2024 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.25 per share on May 14, 2024, payable June 7, 2024, to shareholders of record as of May 24, 2024.