Firm’s No. 2 Loan Book

One of the biggest and hottest markets in the Southeast, Charlotte has Pinnacle’s second biggest loan book at $2.6 billion, up 18 percent from Dec. 31, 2020, to Dec. 31, 2021. Deposits grew even faster in the same period, up 24.6 percent to just a hair under $2 billion. Looking at FDIC data from June 30, 2021, Pinnacle grew deposits by 81.3 percent from 2019 to 2021 in the face of competition from three megabanks who control 91.9 percent of market share. Greenwich surveys ranked us first in the market in Values Long-term Relationships, Ease of Doing Business and Bank You Could Trust, with financial advisors also earning high marks in several categories.