Pinnacle Bank

What Pinnacle Bank does

Pinnacle Bank was a Georgia state-chartered community bank founded in 1934 and headquartered in Elberton, serving consumer, small-to-mid-sized business, agricultural, and mortgage customers across Northeast, Middle, and Southeast Georgia through a branch-based, locally decision-making model. Its core product set spanned personal checking and savings accounts (including CDARS-enabled deposits), personal and auto loans, the All-The-Way-Home mortgage program, SBA loans, agricultural and equipment financing, treasury management (Fraud Defense with PositivePay, Merchant Capture, LockBox), and a financial planning and wealth advisory practice. The underlying technology layer consisted of standard digital banking infrastructure — mobile app, online banking and bill pay, Zelle P2P, Pinny ATM locator, and digital account opening — with no disclosed proprietary AI/ML or platform-as-a-service components. The bank's revenue model was anchored in net interest income from lending, supplemented by transaction-based non-interest income from deposit fees, card interchange, mortgage origination, and professional services fees from wealth advisory. On April 1, 2026, Pinnacle Financial Corporation completed a reverse merger with Morris State Bancshares, Inc. to form Vallant Financial, Inc. (OTC: VLNT), with combined assets of approximately $3.98 billion and 36 branches across 22 Georgia counties; full rebranding to Vallant Bank was completed on June 17, 2026. Leadership includes CEO Jackson McConnell and EVP/COO Donna Webb, with Bryan Bean serving as Market Leader for Tennessee and Kentucky markets.

Name

Pinnacle Bank

Legal name

Vallant Bank

Website

https://pinnaclebank.com

Company type

Private

Founded year

1900

Operating status

Acquired

Headcount range

251–500 employees

Short description

Pinnacle Bank was a Georgia community bank offering personal, business, mortgage, and wealth advisory services across 22 counties. Following its April 2026 reverse merger with Morris State Bancshares, it now operates as Vallant Bank with approximately $3.98 billion in combined assets.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Affluent/Premier Retail Banking (Mass Affluent) (FSABAAAG), Real Estate (Commercial Property, REITs) (FSABACAH)

Keywords

• Community banking services
• Commercial lending products
• Personal deposit accounts
• Mortgage lending services
• Treasury management solutions

Headquarters

HQ city

Elberton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income from lending activities including personal loans, mortgages, business loans, and commercial lending. Primary revenue driver for the community bank.
2. Non-Interest Income: Fees from deposit accounts, credit cards, mortgage origination, wealth management services, and treasury management products.
3. Financial Planning and Wealth Management: Advisory services including retirement planning, estate planning, investment strategies, and insurance planning.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Pinnacle Bank, now operating as Vallant Bank following the April 2026 merger with Morris State Bancshares, is a Georgia-based community bank offering personal checking and savings accounts, business banking products including SBA and agricultural loans, residential mortgages, treasury management, and financial planning/wealth advisory services distributed through a 36-branch network across 22 Georgia counties complemented by mobile and online banking channels.

Product overview

Vallant Bank is a unified banking platform serving communities across Georgia, formed from the merger of Pinnacle Bank and Morris Bank. The product portfolio consists of core personal banking services (checking, savings, CDs, and personal loans), comprehensive mortgage offerings through the All-The-Way-Home program, diverse business banking solutions (commercial checking, SBA loans, agricultural loans, equipment financing), treasury management services, and financial planning advisory. Digital banking capabilities including mobile banking, Zelle P2P payments, and online account management complement the branch-based offerings. The bank operates under the Vallant Community Foundation for community outreach initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Tiered personal checking accounts including Totally Free Checking, VIP Free Interest Checking, High-Yield Interest Checking, and Benefits Checking with mobile banking, Zelle, and online bill pay access for individuals and families.
• Personal Savings Accounts Savings products for individuals including Simple Savings, Money Market, The Guardian, Saving Cents, Systematic Savings, Christmas Club accounts, and Health Savings Accounts (HSAs).
• Certificates of Deposit (CDs) Fixed-term deposit products including a 12 Month Rate Riser CD and CDARS (Certificate of Deposit Account Registry Service) for expanded FDIC insurance coverage on large deposits.
• Personal Loans Personal lending products including MyFasTrack Loan, MyFlexFund Loan, and Auto Loans for consumer vehicle purchases and short-term financing needs.
• Mortgages and Home Lending Residential mortgage products including the All-The-Way-Home lending program, adjustable rate mortgages (ARMs), purchase mortgages, and refinance options delivered through local lenders across Georgia.
• Business Checking Accounts Business checking account options including Totally Free Business Checking, Business Interest Checking, and Commercial Checking, each including free online banking and bill pay for small and mid-sized businesses.
• Business Loans Comprehensive commercial lending suite including SBA Loans, BusinessManager, CashFlow LEASE, Agricultural Loans, Equipment Loans, Capital Expansion Loans, Business Construction and Mortgage Loans, Short-Term Inventory Loans, and Business FasTrack Loan for small businesses and agricultural operations.
• Business Credit Products Business credit facilities including Business Credit Cards, Revolving Line of Credit, Commercial Line of Credit, and Letter of Credit for working capital and trade financing.
• Treasury Management Services Cash management and fraud protection services for businesses including Fraud Defense with PositivePay, Merchant Capture, Business Online Banking, LockBox Services, and HR/Payroll Merchant Services.
• Financial Planning and Wealth Management Advisory services including Insurance Planning, Business Planning, Wealth Management Planning, Estate and Legacy Planning, Retirement Planning, Comprehensive Financial Planning, and Investment Strategies for individuals and businesses.

Quantifiable outcome

• Nonperforming loans at only 0.20% of total loans
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Morris State Bancshares, Inc.coreStrategic or Co-development PartnerMerger partner combining Pinnacle Bank ($2.2B assets) with Morris State Bancshares ($1.5B assets) to form Vallant Financial, Inc. with approximately $3.98 billion in combined assets. Each Morris common share was converted into 0.1095 shares of Vallant common stock. The merger created the largest Georgia-based community bank holding company.
• Morris BankcoreStrategic or Co-development PartnerOriginal merger partner that combined with Pinnacle Bank to form Vallant Bank. Morris Bank operated as a separate Georgia community bank prior to the merger creating the combined entity with 36 branches across Georgia.
• Pinnacle Bank (Original)coreStrategic or Co-development PartnerOriginal Georgia community bank that merged with Morris Bank and was rebranded as Vallant Bank. Pinnacle Bank had approximately $2.2 billion in assets and served communities across Georgia.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• United Community Banks: Georgia-headquartered community bank serving similar Southeast markets with retail, commercial, and mortgage products. Closest direct comparable by both geographic footprint and customer mix.
• Ameris Bancorp: Atlanta-headquartered community bank holding company with a similar mix of retail, commercial, and mortgage banking across the Southeast. Most direct comparable in geography, business model, and asset size band.
• Colony Bankcorp: Georgia-based community bank focused on retail and small-business banking across Middle and South Georgia. Highly comparable geographic concentration and customer profile.
• Renasant Corporation: Mississippi-based community bank holding company with comparable retail/commercial mix and similar asset size. Directly comparable operating model across Southeastern markets.
• ServisFirst Bancshares: Birmingham, Alabama-based community bank with comparable commercial banking focus, treasury management, and similar asset size band. Closely comparable business model and operating metrics.

Broad incumbents

• Synovus Financial: Large regional bank headquartered in Columbus, Georgia, offering retail, commercial, and wealth management services across the Southeast. Larger incumbent with overlapping markets and customer base.
• SouthState Corporation: Large Southeast regional bank serving similar retail and commercial customer segments. Larger incumbent with overlapping Georgia and Southeast presence.
• Cadence Bank: Regional bank with strong Southeast presence offering retail, commercial, and treasury management products. Larger competitor operating in adjacent Southeast geographies.

Emerging players

• Live Oak Bancshares: Community bank with strong SBA lending focus, comparable to Pinnacle's SBA loan franchise. Overlaps in niche small-business lending rather than direct retail competition.

Regional players

• First Bancorp: Community bank operating in adjacent Southeast markets with similar retail/SMB focus. Comparable model but operates in different state geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/pinnaclebank
• Facebookfacebook.com/pinnaclebank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pinnacle Bank