In the combined MSAs that make up Pinnacle’s NC Central region, the firm grew local deposits by $57.8 million in the 12 months ended June 30, 2024, for a total of $3.1 billion. In Winston-Salem, Pinnacle is the No. 6 largest bank by deposits, up from No. 7 in 2023, according to FDIC data. That comes from $122.7 million in growth for a total of $1 billion, a 13.7 annual percent growth rate for 7.0 percent of market share. In Greensboro-High Point, the firm also rose in the rankings to becom...
