Pinnacle Bancshares, Inc. (PCLB) Reports Q4 Net Income of $972K
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Pinnacle Bancshares Announces Results for Year Ended and Fourth Quarter December 31, 2021
January 31, 2022 4:54 PM ESTJASPER, Ala.--(BUSINESS WIRE)-- Robert B. Nolen, Jr., President and Chief Executive Officer of Pinnacle Bancshares, Inc. (OTCBB: PCLB), today announced Pinnacles results of operations for the fourth quarter and year ended December 31, 2021:
For the year ended December 31, 2021, net income was $4,692,000, compared with net income of $3,181,000 in the prior year. Net interest income before the provision for loan losses for the year ended December 31, 2021, was $10,276,000, compared with $9,157,000 in the prior year. Included in net interest income for the year ended December 31, 2021 are Paycheck Protection Program (PPP)... More