P innacle’s base of operations in the Carolinas and Virginia added to its roster and its balance sheet in 2019. Most of the 10 revenue producers hired in this period serve commercial and small business clients, furthering the firm’s goal of expanding its business reach in the region. Despite some intentional movement of deposits to other markets, the team held overall deposit volumes steady by winning new business and gathering more accounts.
Greensboro and High Point are in the geographic center of North Carolina’s ongoing business boom. The area is perfectly positioned to benefit from the growth happening all around it.
to $1.67 billion
at $2.0 billion