ALTAVISTA, Va., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (“Pinnacle” or the “Company”) for First National Bank (“First National” or the “Bank”), produced record high net income for the fourth quarter and full year 2022. Net income was $2,562,000, or $1.18, per basic and $1.17, per diluted share, for the quarter ended December 31, 2022, and $8,242,000, or $3.78, per basic and diluted share, for the year ended December 31, 2022. I
ALTAVISTA, Va., Nov. 10, 2022 (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 $0.18 per share on November 8, 2022, payable December 2, 2022, to shareholders of record as of November 18, 2022. The $0.18 per share cash dividend is $0.03 higher than the $0.15 dividend paid last quarter and marks the forty-first co
ALTAVISTA, Va., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (the “Company” or “Pinnacle”) for First National Bank (the “Bank”), has produced record net income for the third quarter and through nine months of 2022. Net income for the third quarter of 2022 was $2,398,000, or $1.10 per basic and diluted share. Net income for the nine months ended September 30, 2022 was $5,681,000, or $2.61 per basic and diluted share. In comparison, n