Pinnacle Bancshares serves as the bank holding company for Pinnacle Bank, an Alabama chartered commercial bank with more than five offices located in central and northwest Alabama. During the year ended Dec. 31, 2004, the bank's net loan portfolio totaled more than $99.5 million, or nearly 48 percent of its total assets. On that date, approximately $76.5 million of total net loans outstanding consisted of loans secured by mortgages on residential, construction and commercial real estate loans, while the remainder consisted of commercial and consumer loans. Interest-bearing deposits, Federal Home Loan Bank stock and securities portfolio of approximately $89 million, excluding mortgage-backed securities, consisted primarily of interest-bearing bank deposits, United States government and agency obligations and corporate securities. The bank's principal sources of funds are savings deposits, sales of loans and maturities and sales of available-for-sale securities. Total deposits in 2004 were nearly $180 million. Pinnacle Bancshares is headquartered in Jasper, Ala.