PINNACLE BANKSHARES CORP
10QSB/A, 2000-05-10
NATIONAL COMMERCIAL BANKS
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<PAGE>

                    U.S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                              Amendment No. 1 to
                                  FORM 10-QSB

               QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                    OF THE SECURITIES EXCHANGE ACT OF 1934


                 For the Quarterly Period Ended March 31, 2000

                       Commission File Number: 000-23909

                        PINNACLE BANKSHARES CORPORATION
       (Exact name of small business issuer as specified in its charter)


          VIRGINIA                                      54-1832714
(State or other jurisdiction of                      (I.R.S. Employer
 incorporation or organization)                    Identification Number)


                                  P.O. Box 29
                           Altavista, Virginia 24517
                   (Address of principal executive offices)


                                (804) 369-3000
               (Issuer's telephone number, including area code)

Check whether the issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.

         Yes     X                  No ______________
             ---------

At April 11, 2000, 720,096 shares of Pinnacle Bankshares Corporation's common
stock, $3 par value, were outstanding.

Transitional small business disclosure format: Yes      No x .
                                                  ---     ---
<PAGE>


This Amendment was amended to include the signatures of the Registrant and the
Treasurer and Chief Financial Officer.








<PAGE>

                                  SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned thereunto duly
authorized.

                                        PINNACLE BANKSHARES CORPORATION
                                                 (Registrant)

May 9, 2000                             /s/ Robert H. Gilliam, Jr.
- -----------                             --------------------------
Date                                    Robert H. Gilliam, Jr., President and
                                        Chief Executive Officer


May 9, 2000                             /s/ Dawn P. Crusinberry
- -----------                             --------------------------
Date                                    Dawn P. Crusinberry, Secretary,
                                        Treasurer and Chief Financial Officer









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