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Company Profile for Pinnacle Bankshares Corporation.


Pinnacle Bankshares Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: PPBN), a Virginia corporation (the "Company"), was organized in 1997 and is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. The Company is headquartered in Altavista, Virginia Altavista is an incorporated town in Campbell County, Virginia, United States. The population was 3,425 at the 2000 census. History
A new town on a new railroad
. The Company conducts all of its business activities through the branch offices of its wholly-owned subsidiary bank, The First National Bank of Altavista (the "Bank").

The Bank was organized as a national bank in 1908 and commenced general banking operations in December of that year, providing services to commercial and agricultural businesses and individuals in the Altavista area. With an emphasis on personal service, the Bank today offers a broad range of commercial and retail banking products and services including checking, savings and time deposits, individual retirement accounts, merchant bankcard bank·card  
n.
A card issued by a bank authorizing the holder to receive bank services and often functioning as a debit card.
 processing, residential and commercial mortgages, home equity loans, consumer installment loans Noun 1. installment loan - a loan repaid with interest in equal periodic payments
installment credit

consumer credit - a line of credit extended for personal or household use

loan - the temporary provision of money (usually at interest)
, agricultural loans, investment loans, small business loans, commercial lines of credit and letters of credit.

The Bank serves a trade area consisting primarily of Campbell County
  • There are five counties in the U.S. named Campbell County:
  • Campbell County, Wyoming
  • Campbell County, Virginia
, northern Pittsylvania County, southeastern Bedford County Bedford County is the name of several counties in the United States:
  • Bedford County, Pennsylvania
  • Bedford County, Tennessee
  • Bedford County, Virginia
, and the city of Lynchburg from facilities located in the town of Altavista and the city of Lynchburg, Virginia Lynchburg is an independent city located in the Commonwealth of Virginia. As of the 2006 census, the city had a total population of 67,720, but is at about 70,000 residents as of 2007. .
Company:              Pinnacle Bankshares Corporation

   Headquarters Address: PO BOX 29
                         Altavista, VA 24517

   Main Telephone:       434-369-3000
   Website:              www.1stnatbk.com
   Ticker:               PPBN(OTCBB)

   Type of Organization: Public

   Industry:             Professional Services: Banking

   Key Executives:       CEO: Robert Gilliam Jr.
                         Vice President: Carroll Shelton
                         CFO: Bryan Lemley

   Investor Relations
    Contact:             Bryan Lemley
    Phone:               434-369-3036
    Email:               bryanlemley@1stnatbk.com
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 5, 2004
Words:245
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