Pinnacle Bankshares Corporation Executive Officer Base Salary Disclosure (2012)
This document lists the annual base salaries for the executive officers of Pinnacle Bankshares Corporation as of March 28, 2012. The officers and their respective salaries are: Aubrey H. Hall, III (President and CEO) at $180,000, Carroll E. Shelton (Vice President) at $126,753, and Bryan M. Lemley (Secretary, Treasurer, and CFO) at $119,400. The document serves as a formal disclosure of executive compensation for regulatory and shareholder transparency.
Exhibit 10.6
Pinnacle Bankshares Corporation
Base Salaries of Executive Officers of the Registrant
As of March 28, 2012, the following are the base salaries (on an annual basis) of the executive officers of Pinnacle Bankshares Corporation:
| Aubrey H. Hall, III | $ | 180,000 | ||
| President and Chief Executive Officer | ||||
| Carroll E. Shelton | $ | 126,753 | ||
| Vice President | ||||
| Bryan M. Lemley | $ | 119,400 | ||
| Secretary, Treasurer and Chief Financial Officer | ||||
