2024 ANNUAL REPORT
Knoxville
Economic Indicators1
37.6%
5-year
GDP growth
GDP growth
8.9%
5-year population growth
3.3%
Unemployment as of Dec. 31, 2024
No. 9
in Net
Migration2
Migration2
63.0%
of Tennessee moves are inbound migration3
- Source: U.S. Bureau of Economic Analysis, retrieved from FRED, Federal Reserve Bank of St. Louis
- Source: U.S. News and World Report
- Source: North American Moving Services
I am actually a person to Mike Brown, not just another account number. Owned my small business for over 30 years and finally left [a super-regional competitor] since there was no personal relationship with anyone in the bank... Pinnacle and Mike remind me of how a bank should treat and care of customers regardless or the account balance.Knoxville clientJeff is always just a phone call or email away. Always quick to respond and we appreciate him making our banking experience easier.Knoxville clientThey just take care of me. While banking can be complex and confusing, they work to make everything as simple and easy as possible for me.Knoxville clientDavid Bradshaw is the best banker I have ever known. He is always aware of our business and our needs and is proactive to resolve issues before they get too big. I can't say enough kind words about him.Knoxville client
Pinnacle Growth
7
Revenue Producers
Hired
Hired
-2.0%
Loan Growth to $2.1 Billion
20.3%
Deposit Growth to $3.2 Billion
No. 4
Deposit Market Share Out of 43 Banks*
*As of June 30, 2024, according to FDIC data.