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Cash dividend declared by Pinnacle Financial.


ST. JOSEPH, Mich.--(BUSINESS WIRE)--May 28, 1997--A regular cash dividend of $.235 per share was approved by the board of directors of Pinnacle pinnacle (pĭn`ĭkəl), minor architectural motif of vertical tapering shape, usually crowning a pier, buttress, or gable. Although sometimes it appears in Renaissance design, as in the Certosa di Pavia, it is almost exclusively a medieval  Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 Inc., parent company of Pinnacle Bank.

The dividend is payable on July 1, 1997 to all shareholders of record on June 20, 1997.

Total assets of the company reached $1.1 billion as of March 31, 1997. Pinnacle Bank currently operates 28 full-service facilities located from southwest Michigan Michigan (mĭsh`ĭgən), upper midwestern state of the United States. It consists of two peninsulas thrusting into the Great Lakes and has borders with Ohio and Indiana (S), Wisconsin (W), and the Canadian province of Ontario (N,E).  to the Indiana/Illinois border. As of April 30, 1997, there are 5,981,132 shares of stock outstanding. Pinnacle stock is traded on NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 under the PNFI symbol.

CONTACT: Pinnacle Financial Services Inc., St. Joseph

LeAnn Krokker, 616/983-6311 ext. 330
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 28, 1997
Words:116
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