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Assigning a value to these credits increased net income after taxes in 2006 and stockholders equity at December 31, 2006 by $650,000. Pinnacle Bankshares Corporation (OTCBB:PPBN), the one-bank holding company (the "Company") of The First National Bank of Altavista (quarterly and 2005 annual consolidated results unaudited) reported today net income after taxes of $564,000 or $0. Pinnacle Bankshares Corporation (OTCBB:PPBN), the one-bank holding company (the "Company") of The First National Bank of Altavista (quarterly and 2004 annual consolidated results unaudited) reported today net income after taxes of $425,000 or $0. |
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