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Market Activity
Stock
PPBN
Company Profile

PPBN
Pinnacle Bankshares Corp.

Common Stock

33.24

0.00

0.00%

32.94 / 33.24 (100 x 100)

Real-Time Best Bid & Ask: 09:40am 06/16/2025

Delayed (15 Min) Trade Data: 12:00am 06/13/2025

622 Broad Street

PO Box 29

Altavista, VA 24517

www.1stnatbk.com

+1 434-369-3000

bryanlemley@1stnatbk.com

Business Description

Pinnacle Bankshares Corporation is a locally managed community banking organization serving Central and Southern Virginia. The one-bank holding company of First National Bank serves market areas consisting primarily of all or portions of the Counties of Amherst, Bedford, Campbell, Halifax, and Pittsylvania, and the Cities of Charlottesville, Danville, and Lynchburg. The Company has a total of nineteen branches with one branch in Amherst County within the Town of Amherst, two branches in Bedford County; five branches in Campbell County, including two within the Town of Altavista, where the Bank was founded; one branch in the City of Charlottesville, three branches in the City of Danville; three ...

Corporate Structure

Financial Reporting

Reporting Status

U.S. Reporting: Bank/Thrift

Audited Financials

Audited

Latest Report

03/31/2025 Quarterly Report

CIK

0001031233

Fiscal Year End

12/31

Company Officers & Contacts

Aubrey H. Hall, III

CEO

Bryan Lemley

CFO, Secretary, Treasurer

Board of Directors

James E. Burton, IV

Chairman, Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Donald W. Merricks

Vice Chairman, Independent Director, Nominating Committee Member

Vivian S. Brown

Connie C Burnette

Independent Director, Compensation Committee Member, Nominating Committee Member

Judson H. Dalton

Independent Director, Compensation Committee Member, Nominating Committee Member

Robert Hurt

Independent Director, Audit Committee Member

Robert L. Johnson, II

Independent Director, Audit Committee Member, Compensation Committee Member

Aubrey H. Hall, III

Nominating Committee Member

James O. Watts, IV

Independent Director, Nominating Committee Member

Elton W. Blackstock, Jr.

Independent Director, Audit Committee Member

Robert L. Finch, Jr.

Independent Director, Audit Committee Member, Nominating Committee Member

Michael E. Watson

Independent Director, Audit Committee Member

Ramsey Yeatts

Independent Director

Other Company Insiders

None

Other Company Insiders are all persons or entities beneficially owning 10% or more of any class of the issuer's securities. Together, officers, directors and other company insiders comprise Company Insiders.

Service Providers

Accounting/Auditing Firm

Cherry Bekaert LLP

6116 Executive Blvd

Suite 600

Rockville, MD 20852

Securities Counsel

Troutman Pepper LLP

401 9th Street, N. W., Suite 1000

Washington, DC 20004

Profile Data

SIC - Industry Classification

6021 - National commercial banks

Incorporation Information

VA, US, 1997

Employees

186 as of 12/31/2024

Shell

Bank / Thrift

Yes

Products and Services

First National 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 as well as individuals in the Altavista area. With an emphasis on personal service, First National Bank today offers a broad range of commercial and retail banking products and services including checking, savings and time deposits, individual retirement accounts, online banking, mobile banking, remote deposit capture, merchant bankcard processing, residential and commercial mortgages, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit and letters of credit. First National Bank also offers a full range of investment, insurance and annuity products through its association with LPL, Inc. and Bearing Insurance, LLC.

Company Facilities

Altavista Main Corporate Headquarters 622 Broad Street Altavista, Virginia 24517, Amherst Branch 130 South Main Street Amherst, Virginia 24521 Leased, Brosville Branch Office 10370 Martinsville Highway Brosville, Virginia 24541 Charlottesville Ivy Road Branch 2208 Ivy Road Charlottesville, Virginia 22903 Leased, Chatham Branch 55 North Main Street Chatham, Virginia 24531, Danville Airport Branch 1312 South Boston Road Danville, Virginia 24540, Danville Main Branch 336 Main Street, Danville, Virginia 24541, Downtown Lynchburg Branch 800 Main Street Lynchburg, Virginia 24504, Forest Branch 14417 Forest Road Forest, Virginia 24551, Graves Mill Branch 18077 Forest Road Forest, Virginia 24521, Lynchburg Airport Branch 14580 Wards Road Lynchburg, Virginia 24502, Mt. Hermon Branch 4080 Franklin Turnpike Danville, Virginia 24540, Odd Fellows Road Branch 3401 Odd Fellows Road Lynchburg, Virginia 24501, Old Forest Branch 3321 Old Forest Road Lynchburg, Virginia 24501, Riverside Branch 2600 Riverside Drive Danville, Virginia 24540, Rustburg Branch 1033 Village Highway Rustburg, Virginia 24588, Timberlake Branch 20865 Timberlake Road Lynchburg, Virginia 24502, Vista Branch 1303 Main Street Altavista, Virginia 24517, South Boston Branch 4027 Halifax Road, South Boston, Virginia 24592, South Boston Loan Production Office 97A Main Street, South Boston, Virginia 24592

Company Notes

Sponsored for OTCQX by Monroe Financial Partners Inc. on 6/11/2015