Roanoke
Economic Indicators
Roanoke
20.7%
5-year
GDP growth1
GDP growth1
0.5%
5-year population
growth1
growth1
2.7%
Unemployment as of
Dec. 31, 20231
Dec. 31, 20231
Lynchburg
16.5%
5-year
GDP growth1
GDP growth1
-0.09%
5-year population
growth1
growth1
3.2%
Unemployment as of
Dec. 31, 20231
Dec. 31, 20231
- Source: U.S. Bureau of Economic Analysis, retrieved from FRED, Federal Reserve Bank of St. Louis; 5-year growth rates from 2018-2022
Pinnacle Growth
3
Revenue Producers
Hired
Hired
0.2%
Loan Growth to $746.6 Million
0.4%
Deposit Growth to $979.5 Million
No. 3
Roanoke Out of 16 Banks
No. 14
Lynchburg Out of 17 Banks*
Lynchburg Up from No. 15 in 2022
*As of June 30, 2023, according to FDIC data.