Charlotte
Economic Indicators
30.2%
5-year
GDP growth1
GDP growth1
6.2%
5-year population
growth1
growth1
3.1%
Unemployment as of
Dec. 31, 20231
Dec. 31, 20231
56.8%
of North Carolina moves are inbound migration
No. 9 highest inbound rate in the nation2
No. 7
Market for Total CRE Property Returns3
No. 6
Most Attractive Market for CRE Investment3
- Source: U.S. Bureau of Economic Analysis, retrieved from FRED, Federal Reserve Bank of St. Louis; 5-year growth rates from 2018-2022
- Source: U.S. Census
- Source: U.S. Investor Intentions Survey, CBRE Research, Jan. 2024
My advisor has become a friend. Holds true for the financial advisor, commercial banker, branch manager, down to the tellers.Charlotte client
Pinnacle Growth
7
Revenue Producers
Hired
Hired
6.1%
Loan Growth to $3.4 Billion
2.2%
Deposit Growth to $2.1 Billion
No. 7
Deposit Market Share Out of 49 Banks*
*As of June 30, 2023, according to FDIC data.