2024 ANNUAL REPORT
Washington, D.C.
Economic Indicators
Washington, D.C.1
24.8%
5-year
GDP growth
GDP growth
0.01%
5-year population
growth
growth
2.8%
Unemployment as of
Dec. 31, 2024
Dec. 31, 2024
Columbia, MD2
23.6%
5-year
GDP growth
GDP growth
1.1%
5-year population
growth
growth
2.7%
Unemployment as of
Dec. 31, 2024
Dec. 31, 2024
- 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. Bureau of Economic Analysis, retrieved from FRED, Federal Reserve Bank of St. Louis
Niki is so diligent with every detail of my business account. I can't say enough good things about her and everyone I have been introduced to at Pinnacle. Carolyne provides exceptional leadership to her team. I could not be happier with Pinnacle!Washington, D.C. clientPinnacle has always been responsive to our needs and has a great team that provide fantastic customer service and oversight. They work well together to ensure our needs are met and that we are happy with the relationship. It has been great working with Tanya Dobbins and Rebecca Hesse. They are a great team!Washington, D.C. clientVery personable, I feel I can pick up the phone and call him anytime and he is quick to respond, which he did recently and resolved an issue quickly and professionally.Washington, D.C. client
Pinnacle Growth
6
Revenue Producers
Hired
Hired
95.7%
Loan Growth to $760.0 Million
79.8%
Deposit Growth to $1.6 Billion
No. 24
Washington, D.C. Deposit Market Share Out of 71 Banks*
Up from No. 27 in 2023
No. 32
Columbia, MD Deposit Market Share Out of 42 Banks*
*As of June 30, 2024, according to FDIC data.