Robert B. Nolen, Jr., President and Chief Executive Officer of Pinnacle Bancshares, Inc. (OTCBB:PCLB), today announced that the Board of Directors has declared a cash dividend of $0.11 per share on the Company’s common stock. This dividend is in lieu of declaring and paying a regular quarterly cash dividend in the first quarter of calendar year 2013. The accelerated cash dividend is payable on December 31, 2012 to stockholders of record on December 24, 2012.

The Company’s wholly owned subsidiary, Pinnacle Bank, has seven offices located in central and northwest Alabama.

Pinnacle Bancshares (PK) (USOTC:PCLB)
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