Pinnacle Bankshares Corporation Executive Officers Base Salary Disclosure (March 2008)

Summary

This document lists the annual base salaries for the executive officers of Pinnacle Bankshares Corporation as of March 27, 2008. The officers named are Robert H. Gilliam Jr. (President and CEO), Carroll E. Shelton (Senior Vice President), and Bryan M. Lemley (Secretary, Treasurer, and CFO). The document serves as a formal disclosure of their respective base compensation amounts.

EX-10.6 3 dex106.htm BASE SALARIES OF NAMED EXECUTIVE OFFICERS OF THE REGISTRANT Base Salaries of Named Executive Officers of the Registrant

EXHIBIT 10.6

Pinnacle Bankshares Corporation

Base Salaries of Executive Officers of the Registrant

As of March 27, 2008, the following are the base salaries (on an annual basis) of the executive officers of Pinnacle Bankshares Corporation:

 

Robert H. Gilliam Jr.
President and Chief Executive Officer

   $ 192,400

Carroll E. Shelton
Senior Vice President

   $ 118,560

Bryan M. Lemley
Secretary, Treasurer and Chief Financial Officer

   $ 97,560