Pinnacle Bankshares Corporation Announces Record High First Quarter 2023 Earnings

April 27, 2023

ALTAVISTA, Va., April 27, 2023 (GLOBE NEWSWIRE) — Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (“Pinnacle” or the “Company”) for First National Bank (the “Bank”), was $2,639,000 or $1.21 per basic and diluted share for the quarter ended March 31, 2023 compared to net income of $1,391,000 or $0.64 per basic and diluted share for the same period of 2022. Quarterly consolidated results are unaudited.

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