Pinnacle Bankshares Corporation Executive Officers Base Salary Schedule (March 2007)

Summary

This document lists the annual base salaries for the executive officers of Pinnacle Bankshares Corporation as of March 23, 2007. The named officers and their respective salaries are: Robert H. Gilliam Jr., President and CEO, at $185,000; Carroll E. Shelton, Senior Vice President, at $103,560; and Bryan M. Lemley, Secretary, Treasurer, and CFO, at $93,720. The document serves as a record of compensation for these key executives.

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 23, 2007, the following are the base salaries (on an annual basis) of the executive officers of Pinnacle Bankshares Corporation:

 

Robert H. Gilliam Jr.

   $ 185,000

President and Chief Executive Officer

  

Carroll E. Shelton

   $ 103,560

Senior Vice President

  

Bryan M. Lemley

   $ 93,720

Secretary, Treasurer and Chief Financial Officer