Pinnacle Bancshares declares dividend of USD 0.11.
BANKING AND CREDIT NEWS-June 4, 2014--Pinnacle Bancshares declares dividend of USD 0.11
(C)2014 M2 COMMUNICATIONS http://www.m2.com
4 June 2014 -- Alabama US-based bank holding company Pinnacle Bancshares Inc (OTCBB: PCLB) said that its board of directors has approved a quarterly cash dividend of USD 0.11 per share.
The dividend is payable June 20, 2014 to stockholders of record on June 9 2014. The quarterly amount is equivalent to an annualized rate of USD 0.44 per share.
For the three months ended March 31, 2014, Pinnacle reported net income of USD 464,000, compared to USD 474,000 for the three months ended March 31, 2013.
Net interest income after the provision for loan losses for the three months ended March 31, 2014, was USD 1.701m compared with USD 1.664m in the same period last year.
Pinnacle Bancshares, Inc.'s wholly owned subsidiary Pinnacle Bank has seven offices located in central and northwest Alabama.
1 USD = .60 GBP
((Comments on this story may be sent to email@example.com))
|Printer friendly Cite/link Email Feedback|
|Publication:||M2 Banking & Credit News (BCN)|
|Date:||Jun 4, 2014|
|Previous Article:||OFG Bancorp declares dividend of USD 0.08.|
|Next Article:||Deutsche Bank appointed as depositary for JD.com ADR programme.|