JASPER, Ala.--(BUSINESS WIRE)--Robert B. Nolen, Jr., President and Chief Executive Officer of Pinnacle Bancshares, Inc. (OTCID: PCLB), today announced the Company\u2019s second quarter results of operations.<\/p>
\nThe Company\u2019s net interest margin was 3.20% and 3.21% for the three and six months ended June 30, 2026, respectively, as compared to 3.13% and 3.16% for the three and six months ended June 30, 2025.<\/p>
\nAt June 30, 2026, the Company\u2019s allowance for loan losses as a percent of total loans was 1.48%, compared to 1.52% at December 31, 2025. There were $21,000 and $22,000 in nonperforming assets as of June 30, 2026 and December 31, 2025, respectively.<\/p>
\nPinnacle Bank was classified as \u201cwell capitalized\u201d at June 30, 2026. All capital ratios are significantly higher than the requirements for a well-capitalized institution. As of June 30, 2026, the Bank\u2019s common equity Tier 1 capital and Tier 1 risk-based capital ratios were each 20.01%. As of June 30, 2026, its total capital ratio was 20.89%, and its Tier 1 leverage ratio was 11.30%.<\/p>
\nDividends of $.27 and $.54 per share were paid to shareholders during the three and six months ended for both June 30, 2026 and 2025.<\/p>
\nManagement believes that the Company has sufficient liquidity through its low loan to deposit ratio at June 30, 2026, as well as available funding from outside sources. Our net funding availability, as a percentage of our franchise funding, is 99.69% as compared to our established minimal limit of 25%. In addition, the Bank provides access to additional FDIC insurance coverage for accounts that would otherwise exceed deposit insurance coverage.<\/p>
\nThe Company\u2019s total deposits, excluding brokered deposits, at June 30, 2026 increased approximately $17.1 million, or 5%, as compared to December 31, 2025.<\/p>
\nEffects of Inflation<\/i><\/b><\/p>
\nInflation caused a substantial rise in interest rates during 2023 and 2022 which had a negative effect in the securities market. As a result of rising interest rates, the Company recorded an accumulated other comprehensive loss on securities available for sale of approximately $23 million as of June 30, 2026 as compared to $22.8 million as of December 31, 2025. Although these unrealized losses recorded as of June 30, 2026 and December 31, 2025 were significant, management does not anticipate these losses to be other than temporary as these unrealized losses do not currently appear related to any credit deterioration within the portfolio but from higher interest rates. These losses do not impact the Bank\u2019s regulatory capital ratios.<\/p>
\nForward-Looking Statements<\/i><\/b><\/p>
\nInformation contained in this press release, other than historical information, may be considered forward-looking in nature and is subject to various risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. Pinnacle undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Pinnacle\u2019s expectations. Certain tabular presentations may not reconcile because of rounding.<\/p>
\nPinnacle Bancshares, Inc.\u2019s wholly owned subsidiary Pinnacle Bank has seven offices located in central and northwest Alabama.<\/p>
\nPINNACLE BANCSHARES, INC.<\/b><\/p><\/td><\/tr>\n \nUnaudited Financial Highlights<\/b><\/p><\/td><\/tr>\n \n(In Thousands, except share and per share data)<\/i><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \nThree Months Ended June 30,<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2026<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2025<\/b><\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet income<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n1,027,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n984,000<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nBasic and diluted earnings per share<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n1.14<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n1.11<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nPerformance ratios (annualized):<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nReturn on average assets<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1.06<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1.11<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nReturn on average equity (excluding OCI)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n8.62<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n9.11<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nInterest rate spread<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2.60<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2.56<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nNet interest margin<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n3.20<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n3.13<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nOperating cost to assets<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2.21<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2.37<\/p><\/td> \n%<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nWeighted average basic and diluted shares outstanding<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n898,336<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n898,512<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nDividends per share<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n0.27<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n0.27<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nProvision for loan losses<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \nSix Months Ended June 30,<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2026<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2025<\/b><\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet income<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2,107,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2,002,000<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nBasic and diluted earnings per share<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2.35<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2.22<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nPerformance ratios (annualized):<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nReturn on average assets<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1.12<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1.13<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nReturn on average equity (excluding OCI)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n9.13<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n9.33<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nInterest rate spread<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2.62<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2.61<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nNet interest margin<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n3.21<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n3.16<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nOperating cost to assets<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2.27<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2.32<\/p><\/td> \n%<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nWeighted average basic and diluted shares outstanding<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n898,336<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n900,452<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nDividends per share<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n0.54<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n0.54<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nProvision for loan losses<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(Audited)<\/i><\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \nJune 30, 2026<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nDecember 31, 2025<\/b><\/p><\/td><\/tr>\n \nTotal assets<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n385,422,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n364,232,000<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nLoans receivable, net<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n134,055,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n130,849,000<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nDeposits<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n351,602,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n331,496,000<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nBrokered CD\u2019s included in deposits<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n23,985,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n20,983,000<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nTotal stockholders\u2019 equity<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n24,004,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n22,646,000<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nBook value per share<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n26.72<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n25.21<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nBook value per share (excluding OCI)<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n52.00<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n50.19<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nTotal average stockholders\u2019 equity to assets ratio (excluding OCI)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n12.22<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n12.20<\/p><\/td> \n%<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nAsset quality ratios:<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNonperforming loans as a percent of total loans<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n.02<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n.02<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nNonperforming assets as a percent of total loans<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n.02<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n.02<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nAllowance for loan losses as a percent of total loans<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1.48<\/p><\/td> \n%<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1.52<\/p><\/td> \n%<\/p><\/td><\/tr>\n \nFINANCIAL INFORMATION<\/b><\/p><\/td><\/tr>\n \nPINNACLE BANCSHARES, INC.<\/b><\/p><\/td><\/tr>\n \nCONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n(Unaudited)<\/i><\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n(Audited)<\/i><\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \nJune 30,<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nDecember 31,<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2026<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2025<\/b><\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nAssets<\/span><\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nCash and cash equivalents<\/p><\/td> \n$<\/p><\/td> \n3,116,663<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,763,958<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nInterest bearing deposits in banks<\/p><\/td> \n\u00a0<\/p><\/td> \n29,291,541<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n21,122,646<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nSecurities available for sale<\/p><\/td> \n\u00a0<\/p><\/td> \n185,573,447<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n176,921,364<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nRestricted equity securities<\/p><\/td> \n\u00a0<\/p><\/td> \n969,600<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n957,100<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nLoans<\/p><\/td> \n\u00a0<\/p><\/td> \n136,067,029<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n132,861,644<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nLess Allowance for loan losses<\/p><\/td> \n\u00a0<\/p><\/td> \n2,012,179<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,013,072<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nLoans, net<\/p><\/td> \n\u00a0<\/p><\/td> \n134,054,850<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n130,848,572<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nPremises and equipment, net<\/p><\/td> \n\u00a0<\/p><\/td> \n8,314,167<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n7,801,667<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nRight-of-use lease assets \u2013 operating<\/p><\/td> \n\u00a0<\/p><\/td> \n956,473<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n981,519<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nGoodwill<\/p><\/td> \n\u00a0<\/p><\/td> \n306,488<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n306,488<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nBank owned life insurance<\/p><\/td> \n\u00a0<\/p><\/td> \n11,754,018<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n11,498,037<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nAccrued interest receivable<\/p><\/td> \n\u00a0<\/p><\/td> \n2,072,132<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,072,700<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nDeferred tax assets, net<\/p><\/td> \n\u00a0<\/p><\/td> \n7,762,855<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n7,548,292<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nOther assets<\/p><\/td> \n\u00a0<\/p><\/td> \n1,249,709<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,409,158<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nTotal assets<\/b><\/p><\/td> \n$<\/p><\/td> \n385,421,943<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n364,231,501<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nLiabilities and Stockholders\u2019 Equity<\/span><\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nDeposits<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNoninterest-bearing<\/p><\/td> \n$<\/p><\/td> \n99,153,642<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n92,867,774<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nInterest-bearing<\/p><\/td> \n\u00a0<\/p><\/td> \n252,448,426<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n238,627,990<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nTotal deposits<\/p><\/td> \n\u00a0<\/p><\/td> \n351,602,068<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n331,495,764<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nSubordinated debentures<\/p><\/td> \n\u00a0<\/p><\/td> \n3,093,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n3,093,000<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nOther borrowings<\/p><\/td> \n\u00a0<\/p><\/td> \n4,000,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n4,000,000<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nAccrued interest payable<\/p><\/td> \n\u00a0<\/p><\/td> \n723,505<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n781,290<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nOperating lease liabilities<\/p><\/td> \n\u00a0<\/p><\/td> \n956,473<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n981,519<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nOther liabilities<\/p><\/td> \n\u00a0<\/p><\/td> \n1,043,031<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,233,844<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nTotal liabilities<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n361,418,077<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n341,585,417<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nStockholders\u2019 equity<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nCommon stock, par value $.01 per share; 2,400,000 authorized; 1,872,313 <\/b>issued; 898,336 shares outstanding<\/p><\/td> \n\u00a0<\/p><\/td> \n18,723<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n18,723<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nAdditional paid\u2011in capital<\/p><\/td> \n\u00a0<\/p><\/td> \n8,923,223<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n8,923,223<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nTreasury stock (973,977 shares)<\/p><\/td> \n\u00a0<\/p><\/td> \n(15,929,095<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(15,929,095<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nRetained earnings<\/p><\/td> \n\u00a0<\/p><\/td> \n53,697,297<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n52,075,496<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nAccumulated other comprehensive loss, net of tax<\/p><\/td> \n\u00a0<\/p><\/td> \n(22,706,282<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(22,442,263<\/p><\/td> \n)<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nTotal stockholders\u2019 equity<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n24,003,866<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n22,646,084<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nTotal liabilities and stockholders\u2019 equity<\/b><\/p><\/td> \n$<\/p><\/td> \n385,421,943<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n346,231,501<\/p><\/td> \nPINNACLE BANCSHARES, INC.<\/b><\/p><\/td><\/tr>\n \nUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \nThree Months Ended<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nSix Months Ended<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \nJune 30,<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nJune 30,<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n2026<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n2025<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n2026<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n2025<\/b><\/p><\/td><\/tr>\n \nInterest income<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nLoans, including fees<\/p><\/td> \n$<\/p><\/td> \n2,377,009<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2,206,111<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n4,689,450<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n4,496,357<\/p><\/td><\/tr>\n \nSecurities available for sale<\/p><\/td> \n\u00a0<\/p><\/td> \n1,642,304<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,428,563<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n3,199,012<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,798,043<\/p><\/td><\/tr>\n \nOther interest<\/p><\/td> \n\u00a0<\/p><\/td> \n216,943<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n257,989<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n450,678<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n492,729<\/p><\/td><\/tr>\n \nTotal interest income<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n4,236,256<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n3,892,663<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n8,339,140<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n7,787,129<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nInterest expense<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nDeposits<\/p><\/td> \n\u00a0<\/p><\/td> \n1,130,042<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n982,155<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,158,525<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,905,824<\/p><\/td><\/tr>\n \nBorrowings and repurchase agreements<\/p><\/td> \n\u00a0<\/p><\/td> \n45,556<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n49,769<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n94,778<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n112,114<\/p><\/td><\/tr>\n \nSubordinated debentures<\/p><\/td> \n\u00a0<\/p><\/td> \n38,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n37,400<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n76,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n76,450<\/p><\/td><\/tr>\n \nTotal interest expense<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n1,213,598<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,069,324<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,329,302<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,094,388<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet interest income<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n3,022,658<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,823,339<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n6,009,837<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n5,692,741<\/p><\/td><\/tr>\n \nProvision for loan losses<\/p><\/td> \n\u00a0<\/p><\/td> \n15,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n30,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td><\/tr>\n \nNet interest income after provision<\/b><\/p> \nfor loan losses<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n3,007,658<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,823,339<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n5,979,837<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n5,692,741<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nOther income<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nFees and service charges on deposit accounts<\/p><\/td> \n\u00a0<\/p><\/td> \n426,320<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n403,046<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n826,771<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n791,689<\/p><\/td><\/tr>\n \nBank owned life insurance<\/p><\/td> \n\u00a0<\/p><\/td> \n127,294<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n115,500<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n255,980<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n232,721<\/p><\/td><\/tr>\n \nLoss on sale of securities available for sale<\/p><\/td> \n\u00a0<\/p><\/td> \n(267,613<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(267,613<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td><\/tr>\n \nMortgage fee income<\/p><\/td> \n\u00a0<\/p><\/td> \n8,804<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n5,330<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n19,377<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n5,330<\/p><\/td><\/tr>\n \nTotal other income<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n294,805<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n523,876<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n834,515<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,029,740<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nOther expense:<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nSalaries and employee benefits<\/p><\/td> \n\u00a0<\/p><\/td> \n1,169,021<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,200,564<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,470,478<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,409,512<\/p><\/td><\/tr>\n \nOccupancy expense<\/p><\/td> \n\u00a0<\/p><\/td> \n284,763<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n306,971<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n609,012<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n621,063<\/p><\/td><\/tr>\n \nMarketing and professional expense<\/p><\/td> \n\u00a0<\/p><\/td> \n112,423<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n68,345<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n189,948<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n123,843<\/p><\/td><\/tr>\n \nOther operating expenses<\/p><\/td> \n\u00a0<\/p><\/td> \n538,777<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n525,652<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,021,568<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,030,584<\/p><\/td><\/tr>\n \nTotal other expenses<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n2,104,984<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,101,532<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n4,291,006<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n4,185,002<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nIncome before income taxes<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n1,197,479<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,245,683<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,523,346<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,537,479<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nIncome tax expense<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n170,828<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n261,329<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n416,444<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n535,138<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet income<\/b><\/p><\/td> \n$<\/p><\/td> \n1,026,651<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n984,354<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2,106,902<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2,002,341<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nCash dividend per share<\/b><\/p><\/td> \n$<\/p><\/td> \n0.27<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n0.27<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n0.54<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n0.54<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nBasic and diluted earnings per share<\/b><\/p><\/td> \n$<\/p><\/td> \n1.14<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n1.10<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2.35<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2.22<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nWeighted \u2013average basic and diluted<\/b><\/p> \nshares outstanding<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n898,336<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n898,512<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n898,336<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n900,452<\/p><\/td><\/tr>\n<\/table> \nPINNACLE BANCSHARES, INC.<\/b><\/p><\/td><\/tr>\n \nUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS\u2019 EQUITY<\/b><\/p><\/td><\/tr>\n \nSix Months Ended June 30, 2026 and 2025<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \nAccumulated<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \nAdditional<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \nOther<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nTotal<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \nCommon Stock<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nPaid-in<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nTreasury<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nRetained<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nComprehensive<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nStockholders\u2019<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \nShares<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nAmount<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nCapital<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nStock<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nEarnings<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nLoss<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nEquity<\/b><\/p><\/td><\/tr>\n \nBalance December 31, 2024<\/b><\/p><\/td> \n1,872,313<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n18,723<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n8,923,223<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n(15,698,015<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n48,857,057<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n(28,239,616<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n13,861,372<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet income<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,002,341<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,002,341<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nCash dividends declared<\/p> \n($.54 per share)<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(485,641<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(485,641<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nPurchase of treasury stock<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(231,080<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(231,080<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nOther comprehensive income<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,902,547<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,902,547<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nBalance June 30, 2025<\/b><\/p><\/td> \n1,872,313<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n18,723<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n8,923,223<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n(15,929,095<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n50,373,757<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n(26,337,069<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n17,049,539<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n<\/table> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \nAccumulated<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \nAdditional<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \nOther<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nTotal<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \nCommon Stock<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nPaid-in<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nTreasury<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nRetained<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nComprehensive<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nStockholders\u2019<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \nShares<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nAmount<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nCapital<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nStock<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nEarnings<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nLoss<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \nEquity<\/b><\/p><\/td><\/tr>\n \nBalance December 31, 2025<\/b><\/p><\/td> \n1,872,313<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n18,723<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n8,923,223<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n(15,929,095<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n52,075,496<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n(22,442,263<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n22,646,084<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet income<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,106,902<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,106,902<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nCash dividends declared<\/p> \n($.54 per share)<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(485,101<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(485,101<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nOther comprehensive loss<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(264,019<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(264,019<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nBalance June 30, 2026<\/b><\/p><\/td> \n1,872,313<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n18,723<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n8,923,223<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n(15,929,095<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n53,697,297<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n(22,706,282<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n24,003,866<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n<\/table> \nPINNACLE BANCSHARES, INC.<\/b><\/p><\/td><\/tr>\n \nUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \nFor the Six Months Ended<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \nJune 30,<\/b><\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2026<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2025<\/b><\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nOPERATING ACTIVITIES:<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet income<\/p><\/td> \n$<\/p><\/td> \n2,106,902<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2,002,341<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nAdjustments to reconcile net income to net cash provided by operating activities:<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nDepreciation<\/p><\/td> \n\u00a0<\/p><\/td> \n242,023<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n242,651<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nProvision for loan losses<\/p><\/td> \n\u00a0<\/p><\/td> \n30,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nLoss on sale of securities available for sale<\/p><\/td> \n\u00a0<\/p><\/td> \n267,613<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet investment (accretion) amortization expense<\/p><\/td> \n\u00a0<\/p><\/td> \n(23,374<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n77,948<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nAmortization of discount of solar income tax credit<\/p><\/td> \n\u00a0<\/p><\/td> \n(82,831<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nBank owned life insurance<\/p><\/td> \n\u00a0<\/p><\/td> \n(255,980<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(232,721<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nDecrease in accrued interest receivable<\/p><\/td> \n\u00a0<\/p><\/td> \n568<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n73,952<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nDecrease in accrued interest payable<\/p><\/td> \n\u00a0<\/p><\/td> \n(57,785<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(198,591<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nNet other operating activities<\/p><\/td> \n\u00a0<\/p><\/td> \n(275,536<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(270,406<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nNet cash provided by operating activities<\/p><\/td> \n\u00a0<\/p><\/td> \n1,951,600<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n1,695,174<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nINVESTING ACTIVITIES:<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet (increase) decrease in loans<\/p><\/td> \n\u00a0<\/p><\/td> \n(3,236,278<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n3,283,044<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet increase in interest-bearing deposits in other banks<\/p><\/td> \n\u00a0<\/p><\/td> \n(8,168,895<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(4,934,519<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nPurchase of securities available for sale<\/p><\/td> \n\u00a0<\/p><\/td> \n(25,020,356<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(8,074,614<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nProceeds from sale of securities available for sale<\/p><\/td> \n\u00a0<\/p><\/td> \n7,982,921<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nProceeds from maturing, sale and payments received on securities available for sale<\/p><\/td> \n\u00a0<\/p><\/td> \n7,762,127<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n4,602,696<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet purchase of restricted equity securities<\/p><\/td> \n\u00a0<\/p><\/td> \n(12,500<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(2,700<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nPurchase of premises and equipment<\/p><\/td> \n\u00a0<\/p><\/td> \n(754,523<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(49,401<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nProceeds from income tax refund associated with federal solar tax credit<\/p><\/td> \n\u00a0<\/p><\/td> \n1,902,849<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nPurchase of federal solar tax credit<\/p><\/td> \n\u00a0<\/p><\/td> \n(1,675,443<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet cash used in investing activities<\/p><\/td> \n\u00a0<\/p><\/td> \n(21,220,098<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(5,175,494<\/p><\/td> \n)<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nFINANCING ACTIVITIES:<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet increase in deposits<\/p><\/td> \n\u00a0<\/p><\/td> \n20,106,304<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n9,885,577<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nProceeds from other borrowings<\/p><\/td> \n\u00a0<\/p><\/td> \n2,000,000<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nRepayments of other borrowings<\/p><\/td> \n\u00a0<\/p><\/td> \n(2,000,000<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(5,000,000<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nPurchase of treasury stock<\/p><\/td> \n\u00a0<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(231,080<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nPayments of cash dividends<\/p><\/td> \n\u00a0<\/p><\/td> \n(485,101<\/p><\/td> \n)<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n(485,641<\/p><\/td> \n)<\/p><\/td><\/tr>\n \nNet cash provided by financing activities<\/p><\/td> \n\u00a0<\/p><\/td> \n19,621,203<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n4,168,856<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nNet increase in cash and cash equivalents<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n352,705<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n685,536<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nCash and cash equivalents at beginning of period<\/p><\/td> \n\u00a0<\/p><\/td> \n2,763,958<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n2,406,608<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nCash and cash equivalents at end of period<\/p><\/td> \n$<\/p><\/td> \n3,116,663<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n3,095,144<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nSUPPLEMENTAL DISCLOSURES:<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nCash paid during the period for:<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nInterest<\/p><\/td> \n$<\/p><\/td> \n2,387,087<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n2,292,979<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nTaxes<\/p><\/td> \n$<\/p><\/td> \n545,985<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n537,759<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nOTHER NONCASH TRANSACTIONS<\/b><\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nReal estate acquired through foreclosure<\/p><\/td> \n$<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n \nInternally financed sales of other real estate owned<\/p><\/td> \n$<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td> \n\u00a0<\/p><\/td> \n$<\/p><\/td> \n-<\/p><\/td> \n\u00a0<\/p><\/td><\/tr>\n<\/table> \n\u00a0<\/p> \nJoe B. Adams, III\n JASPER, Ala.–(BUSINESS WIRE)–Robert B. Nolen, Jr., President and Chief Executive Officer of Pinnacle Bancshares, Inc. (OTCID: PCLB), today announced the Company\u2019s second quarter results of operations.<\/p>\n For the three months ended June 30, 2026, Pinnac…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-44013","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/44013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44013"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/44013\/revisions"}],"predecessor-version":[{"id":44016,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/44013\/revisions\/44016"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} |