; Pinnacle Bankshares Corporation Reports First Quarter Earnings
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Pinnacle Bankshares Corporation Reports First Quarter Earnings

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ALTAVISTA, Va.--(EON: Enhanced Online News)--Pinnacle Bankshares Corporation (OTCBB:PPBN), the one-bank holding company (the “Company”) for First National Bank (the “Bank”), reported net income today of $478,000 or $0.32 per basic and diluted share for the quarter ended March 31, 2012 compared to net income of $126,000 or $0.08 per basic and diluted share for the same period of 2011. Quarterly consolidated results are unaudited. Profitability as measured by the Company’s return on average assets a styl

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