Pinnacle Bankshares Suspends Dividend

Press Release Source: Pinnacle Bankshares Corporation Pinnacle Bankshares Suspends Dividend Wednesday April 15, 2009, 1:00 pm EDT ALTAVISTA, Va.--()--Pinnacle Bankshares Corporation (OTCBB: PPBN), the one-bank holding company of First National Bank, has announced that its Board of Directors has suspended the Company’s quarterly common stock cash dividend that would have been paid in the second quarter of 2009. The decision reflects a conservative approach toward capital preservation in this extraordinary economic downturn. The Company m
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Pinnacle Bankshares Declares Dividend

(OTCBB:PPBN) Pinnacle Bankshares Corp. Press ReleaseSource: Pinnacle Bankshares Corporation Pinnacle Bankshares Declares DividendWednesday January 14, 11:06 am ET ALTAVISTA, Va.-The Board of Directors of Pinnacle Bankshares Corporation declared a regular quarterly cash dividend of $0.10 per share on January 13, 2009 payable February 6, 2009 to shareholders of record January 23, 2009. Pinnacle Bankshares is the holding company for First National Bank. The $0.10 per share rate represents a $0.05 per share decrease from the $0.15 per share dividend paid in the previous quarter and in this same quarter one year ago.?Reducing our quarterly cash dividend rate is a measure that our Board of Directors is most reluctan
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Pinnacle Bankshares Announces Third Quarter 2008 Earnings

(OTCBB:PPBN) Pinnacle Bankshares Corp. Press ReleaseSource: Pinnacle Bankshares Corporation Pinnacle Bankshares Announces Third Quarter 2008 EarningsThursday October 23, 3:16 pm ET ALTAVISTA, Va.-Pinnacle Bankshares Corporation , the one-bank holding company of The First National Bank of Altavista (quarterly consolidated results unaudited) reported recently net income after taxes of $462,000 or $0.31 per basic and diluted share for the quarter ended September 30, 2008, and $1,507,000 or $1.01 per basic and $1.01 per diluted share for the nine months ended September 30, 2008 compared to net income after taxes of $786,000 or $0.53 per basic and diluted share and $2,014,000 or $1.36 per basic and $1.35 per diluted share, respectively, for the same periods of 2007.
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Pinnacle Bankshares Declares Dividend

(OTCBB:PPBN) Pinnacle Bankshares Corp. Press ReleaseSource: Pinnacle Bankshares Corporation Pinnacle Bankshares Declares DividendWednesday October 15, 11:59 am ET ALTAVISTA, Va-The Board of Directors of Pinnacle Bankshares Corporation declared a regular quarterly cash dividend of $0.15 per share on October 14, 2008 payable November 7, 2008 to shareholders of record October 24, 2008. Pinnacle Bankshares is the holding company for The First National Bank of Altavista. The $0.15 per share rate was consistent with the $0.15 per share dividend paid in this same quarter one year ago and maintains the same rate per share paid in the previous quarter.Pinnacle Bankshares expects to release its third quarter 2008 earnings by the end of October.Pinnacle Bankshares Corporati
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