Pinnacle Bankshares Corporation Executive Officer Base Salary Disclosure (March 2009)

Summary

This document lists the annual base salaries for the executive officers of Pinnacle Bankshares Corporation as of March 27, 2009. 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 disclosure of their respective base compensation amounts and does not include additional terms or conditions.

EX-10.6 4 dex106.htm BASE SALARIES OF EXECUTIVE OFFICERS OF THE REGISTRANT Base Salaries of Executive Officers of the Registrant

Exhibit 10.6

Pinnacle Bankshares Corporation

Base Salaries of Executive Officers of the Registrant

As of March 27, 2009, 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

   $ 104,400