Pinnacle Bankshares Corporation reported net income of $2,690,000 for Q2 2025, a 22% increase from the same period in 2024. Year-to-date net income rose 15% to $4,951,000. Net interest income increased 13.5% due to higher loan volume and yields, with a net interest margin of 4.05%. Noninterest income improved 11.5%. Provision for credit losses was $110,000.

Total assets decreased slightly to $1,040,560,000, with a liquidity ratio of 30%. Total liabilities were $956,103,000, down 1% from December 2024. Total stockholders’ equity was $84,457,000, primarily from retained earnings. The company remains “well capitalized” by regulatory standards.

At the Annual Meeting of Shareholders, four directors were re-elected. Pinnacle Bankshares Corporation serves Central and Southern Virginia with nineteen branches. The company emphasizes personalized service and community banking. The securities portfolio was valued at $145,290,000 as of June 30, 2025, with a liquidity ratio of 30%.

Forward-looking statements in the press release highlight risks and uncertainties. Pinnacle Bankshares Corporation continues to focus on maintaining strong asset quality, profitability, and growth initiatives despite economic uncertainties. The company’s commitment to community banking remains a key driver of its success and growth.

Read more at GlobeNewswire: Pinnacle Bankshares Corporation Announces 2nd