Pinnacle Bankshares Corporation reports news as the one-bank holding company for First National Bank, a locally managed community banking organization serving Central and Southern Virginia. Company updates typically cover quarterly and annual earnings, net interest income, net interest margin, provision for credit losses, asset quality, securities portfolio positioning, capital ratios, and stockholders’ equity.
Recurring announcements also include cash dividends, stock repurchase activity, branch and loan-production office developments, and noninterest income sources such as First National Advisors, mortgage lending, debit card interchange, and investment and insurance product sales. The company’s news may also document completed portfolio or subsidiary-related transactions, including the sale of the bank’s membership interest in Bearing Insurance Group, LLC.
Pinnacle Bankshares (PPBN) reported third-quarter 2026 net income of $3,581,000, exceeding its previous quarterly record for core net income. Earnings rose 20% year over year; basic and diluted earnings per share increased to $1.66 from $1.34. Nine-month net income increased 65% to $13,095,000, including a $2,964,000 after-tax gain from selling the Bank’s Bearing Insurance interest. Excluding that gain, core net income rose 28% to $10,131,000.
Nine-month net interest income increased 10% to $32,828,000 as net interest margin expanded 12 basis points to 4.20%. Loans reached $772,647,000, up 4% from year-end 2025, while deposits increased 2.7% to $997,053,000 despite a third-quarter decline. Credit-loss provision rose to $534,000 from $139,000 a year earlier. Securities’ unrealized losses increased to $11,811,000 from $7,452,000 at year-end. Both the Company and Bank remained well capitalized under regulatory definitions. Results are unaudited.
Pinnacle Bankshares (OTCQX: PPBN) declared a quarterly cash dividend of $0.33 per share, approved on August 11, 2026, payable on September 4, 2026 to shareholders of record on August 21, 2026. The dividend is $0.03, or 10%, higher than the prior quarter and represents the 56th consecutive quarterly dividend. According to Pinnacle, earnings growth, liquidity, strong asset quality and capital have supported higher returns, including a recent record stock price of $68.87 per share on August 7, 2026.
Pinnacle Bankshares (OTCQX:PPBN) reported record high earnings for the second quarter and first half of 2026. Q2 net income rose 140% year-over-year to $6.45 million, or $2.97 per share, and six‑month net income increased 92% to $9.51 million, or $4.36 per share, boosted by a $3.75 million pretax gain from the sale of the Bank’s ownership interest in Bearing Insurance.
Excluding this sale, core Q2 net income grew 30% to a record $3.49 million, and core six‑month net income rose 32% to $6.55 million. Year‑to‑date ROA reached 1.74% (1.20% core) and ROE 21.04% (14.48% core). Net interest income increased 9.5% with net interest margin expanding 11 basis points to 4.16%, while noninterest expense rose only 1%. Total assets grew 7% since year‑end to $1.14 billion, deposits also rose 7% to $1.04 billion, and liquidity improved to about 36%. The stock price ended the quarter at $55.10, up 21% from December 31, 2025.
Pinnacle Bankshares (OTCQX: PPBN) declared a cash dividend of $0.30 per share, payable June 5, 2026, to shareholders of record May 22, 2026. The dividend is $0.02 (7%) higher than last quarter and marks 55 consecutive quarters of declared dividends.
Pinnacle reported strong earnings, liquidity, asset quality, and capital supporting shareholder returns, including a record stock price of $52.75 on May 8, 2026. At the May 12, 2026 annual meeting, five Class II Directors were re-elected to serve until 2029, and management reviewed 2025 results, Q1 2026 performance, and strategic initiatives.
Pinnacle Bankshares (OTCQX: PPBN) announced that First National Bank completed the sale of its membership interest in Bearing Insurance Group, LLC, effective May 1, 2026. The company estimates a pre-tax gain of approximately $3.8 million, to be recognized in second-quarter 2026 results.
The buyer is an unaffiliated third party. The company reiterated customary forward-looking statements and risk factors related to future results.
Pinnacle Bankshares (OTCQX:PPBN) reported record quarterly net income of $3,061,000 ($1.39 per share) for Q1 2026, a 35% increase versus Q1 2025, with ROA 1.14% and ROE 13.80%. Net interest income rose 9% to $10.36M and net interest margin improved 20 bps to 4.12%. Total assets were $1.090B, deposits rose 3% to $998.5M, and securities grew 14% to $173.4M. The company repurchased 70,710 shares, which modestly lowered capital ratios.
Pinnacle Bankshares Corporation (OTCQX: PPBN) declared a quarterly cash dividend of $0.28 per share, payable March 6, 2026, to shareholders of record February 20, 2026. The dividend matches the prior quarter and is the 54th consecutive quarterly dividend.
The Board also approved a stock repurchase plan authorizing repurchases of up to $3,500,000 of common shares through December 31, 2026; repurchases may occur via open market, block trades, private purchases or Rule 10b5-1 plans and may be suspended or modified.
Pinnacle Bankshares (OTCQX:PPBN) reported record full-year 2025 net income of $10.77M (+17% YoY) and Q4 net income of $2.83M. Net interest income rose 13% to $40.12M with NIM expanding to 4.09%. Loans grew 4% to $740.33M, securities fell 13% to $152.45M, and year-end cash totaled $122.26M. The company paid off $10M of subordinated debt in Sept 2025 and finished the year with a last-trade stock price of $45.50 (record intraday high $46.49).
Pinnacle Bankshares Corporation (OTCQX: PPBN) announced a quarterly cash dividend of $0.28 per share declared November 11, 2025, payable December 5, 2025, to shareholders of record as of November 21, 2025. The dividend is up $0.01 (4%) from last quarter and marks the 53rd consecutive quarter of dividends and the third increase in 2025.
The company cited continued solid performance, reporting net income of $7.94 million through nine months of 2025, a 25% increase versus the same period last year. First National Bank operates 19 branches across Central and Southern Virginia and opened a Halifax County branch in January 2025.
Pinnacle Bankshares (OTCQX:PPBN) reported Q3 2025 net income of $2.992M (+44% vs Q3 2024) and YTD net income of $7.943M (+25% vs YTD 2024), or $1.34 and $3.58 per share, respectively. Net interest income rose 14% to $10.227M for Q3 and net interest margin expanded 40 bps to 4.08% YTD. Loans increased 2.6% (+$18.4M) to $730.3M, while securities declined 17% to $145.4M. The company paid off $10M of subordinated debt/promissory note in September, which reduced leverage and risk-based capital ratios to 8.82% and 12.91%. Total assets were $1.030B, liquidity remained strong (28%), ROA was 1.03% YTD, ACL was $5.178M (0.71% of loans), and nonperforming loans were 0.18%.