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Latest Pinnacle Bankshares (PPBN) Headlines P

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Posted On: 03/11/2014 1:19:19 AM
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Latest Pinnacle Bankshares (PPBN) Headlines



Pinnacle Bankshares Corporation Announces Dividend

Business Wire - Fri Feb 14, 12:00PM CST

The Board of Directors for Pinnacle Bankshares Corporation (the "Company") (OTCQB: PPBN) declared a cash dividend of $0.075 per share on February 11, 2014, payable March 7, 2014 to shareholders of record as of February 21, 2014. Pinnacle Bankshares is the one-bank holding company for First National Bank (the "Bank"), headquartered in Altavista, Virginia.



Occidental Petroleum to Separate its California Business, Creating Two Independent, Publicly Traded Energy Companies

Business Wire - Fri Feb 14, 6:00AM CST

Occidental Petroleum Corporation (NYSE:OXY) today announced the next phase of its strategic review. The Board of Directors has authorized the separation of Occidental's California assets into an independent and separately traded company. (See Attachment).



Pinnacle Bankshares Corporation Fourth Quarter and 2013 Earnings Report

Business Wire - Wed Feb 05, 2:00PM CST

Net income for Pinnacle Bankshares Corporation (OTCQBPBN), the one-bank holding company (the "Company") for First National Bank (the "Bank"), was $547,000 or $0.36 per basic and diluted share for the quarter ended December 31, 2013, and $3,017,000 or $1.99 per basic share and $1.98 per diluted share for the year ended December 31, 2013. These results represent a marked improvement over net income of $249,000 or $0.17 per basic and diluted share and net income of $1,338,000 or $0.89 per basic and diluted share, respectively, for the same periods of 2012. Quarterly and 2013 annual consolidated results are unaudited.



Pinnacle Bankshares Corporation Announces Share Repurchase Program

Business Wire - Wed Nov 20, 12:18PM CST

Pinnacle Bankshares Corporation (OTCQBPBN), the one-bank holding company (the "Company") for First National Bank (the "Bank"), announced today that its Board of Directors has approved a plan to repurchase up to $500,000 of the Company's outstanding common stock through May 12, 2014. The Company intends to repurchase shares on an ongoing basis through open market purchases, block trades and privately-negotiated purchases. Actual repurchases will be subject to the availability of stock, general market conditions, the trading price of stock, alternative uses for capital and the Company's capital ratios. The repurchase program may be suspended, modified or discontinued at any time, and the Company has no obligation to repurchase any amount of its common stock under the program.



Pinnacle Bankshares Corporation Releases Third Quarter Earnings

Business Wire - Mon Oct 28, 12:00PM CDT

Pinnacle Bankshares Corporation (OTCQBPBN), the one-bank holding company (the "Company") for First National Bank (the "Bank"), reported net income today of $544,000 or $0.36 per basic and $0.35 per diluted share for the quarter ended September 30, 2013, and $2,470,000 or $1.63 per basic and $1.62 per diluted share for the nine months ended September 30, 2013. Net income reported for both time periods represents an improvement over net income generated of $399,000 or $0.26 per basic and diluted share and $1,089,000 or $0.72 per basic and diluted share, respectively, for the same time periods of 2012. Consolidated results for the third quarter and first nine months of 2013 are unaudited.



Pinnacle Bankshares Corporation Issues Second Quarter Earnings

Business Wire - Tue Jul 30, 10:00AM CDT

Pinnacle Bankshares Corporation (OTCQBPBN), the one-bank holding company (the "Company") for First National Bank (the "Bank"), reported net income today of $1,530,000 or $1.02 per basic and diluted share for the quarter ended June 30, 2013, and $1,927,000 or $1.28 per basic and diluted share for the six months ended June 30, 2013. Net income reported for the referenced time periods represents an improvement over net income generated of $212,000 or $0.14 per basic and diluted share and $690,000 or $0.46 per basic and diluted share, respectively, for the same time periods of 2012. Consolidated results for the second quarter and first six months of 2013 are unaudited.



Pinnacle Bankshares Corporation Reports First Quarter Earnings

Business Wire - Wed Apr 24, 2:00PM CDT

Pinnacle Bankshares Corporation (OTCQBPBN), the one-bank holding company (the "Company") for First National Bank (the "Bank"), reported net income today of $397,000 or $0.26 per basic and diluted share for the quarter ended March 31, 2013 compared to net income of $478,000 or $0.32 per basic and diluted share for the same period of 2012. Quarterly consolidated results are unaudited.



Pinnacle Bankshares declares dividend of USD0.05 per share

M2 - Fri Feb 15, 3:18AM CST

Holding company for First National Bank, Pinnacle Bankshares Corporation's (OTCQBPBN) board of directors authorised a cash dividend of USD0.05 per share on 12 February, the company revealed on Thursday.



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