Annual Compensation of Directors of Pinnacle Bankshares Corporation and First National Bank
Annual Compensation of Directors of
Pinnacle Bankshares Corporation and First National Bank
As of January 1, 2020
Cash Compensation (1)
First National Bank Director
Additional Pinnacle annual retainers
Chairman of the Board
Vice Chairman of the Board
Audit Committee Chairman
Compensation Committee Chairman
Nominating Committee Chairman
Committee meeting fees
In addition to the annual retainers, outside directors also receive $350 for each committee meeting attended.
(1) Under the Pinnacle Bankshares Corporation 2014 Incentive Stock Plan, directors may choose to receive up to 100% of their director fees in the form of Pinnacle common stock.