Pinnacle Bankshares (PPBN) 10-K 2011 FY Annual report

Exhibit 10.5

Pinnacle Bankshares Corporation

Directors’ Annual Compensation

As of December 31, 2011

	Amount
Annual Retainer
Service as Director for the Company	$	2,000
Service as Director for the Bank	$	4,000
Additional Retainer
Additional Retainer for Chairman of the Board	$	1,500
Additional Retainer for Vice Chairman of the Board	$	500
Additional Retainer for Chair of Audit Committee	$	1,500
Additional Retainer for Chair of Compensation Committee	$	1,000
Meeting Fees (Non-Employee Directors)
Committee Meetings for the Company	$	250 per meeting
Committee Meetings for the Bank	$	250 per meeting