Pinnacle Bank of Oregon Names Brittain New Chief Credit Officer.

BEAVERTON, Ore. -- Pinnacle Bank (OTCBB:PNNB) has announced the appointment of Richard Brittain to serve as its new Executive Vice President and Chief Credit Officer. He assumed the position on August 22, 2006.

Mr. Brittain comes to Pinnacle Bank from Inland Northwest Bank, Spokane, Washington where he has been since 1996. He served as Chief Credit Officer for the bank, where he was responsible for setting standards for credit quality, performance of the bank's workouts, and the disposition of special credits. In the last two years he significantly reduced the bank's non-performing assets within its loan portfolio. Through his 25-year career he has advanced through management assignments of steadily increasing responsibility for financial institutions in Washington and Alaska.

"I am very excited to be taking on this new challenge with Pinnacle Bank," said Mr. Brittain. "I look forward to helping refine solid, sensible credit policies that will help local businesses and private customers achieve their goals in a responsible, rewarding way."

"We are very pleased to have Rich join the Pinnacle Bank team," said Ron May, Pinnacle Bank President & CEO. "Rich's experience as a CCO interested in developing financial solutions for his customers while maintaining credit quality standards, is just the right fit for Pinnacle Bank."

A graduate of Pacific Coast Banking School with a Liberal Arts degree from the University of Hawaii, Mr. Brittain has served as a commissioner for Spokane Housing, a board member of the Eastern Washington Business Development Corporation, a past chairman of the Anchorage Housing Commission, past board member of the Downtown Exchange Club, and a charter board member of the Anchorage Habitat for Humanity.

Mr. Brittain will transition his family to the Beaverton area upon completion of the coming school year. Already he has begun establishing his personal and professional ties to his new community with involvement in The Beaverton Chamber of Commerce and other local organizations.

About Pinnacle Bank

Pinnacle Bank was founded in 2002 and is one of Oregon's fastest growing community banks with $81 million in assets. Headquartered in Beaverton, Oregon, it focuses primarily on small- to medium-sized businesses in an area rich with thriving industries, including high-tech, medical services, real-estate and dozens of other vital market sectors. Located at 8880 SW Nimbus Avenue/Suite D, Beaverton, Oregon 97008. Phone [phone]. Fax [phone]. www.PinnacleBankOregon.com. Member FDIC, Equal Housing Lender. OTCBB:PNNB

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Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Bank to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop new projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Pinnacle Bank of Oregon has little or no control.