Market Intelligence

Baldwin County, AL

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025

Baldwin County, Alabama, a core county of the Mobile-Daphne-Fairhope, AL market, holds $6.7B in deposits across 27 insured institutions and 85 branches. Regions Bank is the largest deposit holder at 21.6% share. The top three banks hold 40% of deposits, which places the county in the Fragmented band. Deposits have grown 23.5% since 2020 while the branch count fell by 6.6%. It produces $10.2B of output, ranking #353 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$10.2B
#353 of 1,523
Population
267,761
#275 of 1,523
GDP per Capita
$38,127
#957 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$6.7B
#267 of 1,523
Deposits per Capita
$24,968
#605 of 1,523
Deposits per Branch
$79M
#927 of 1,523
Competitive structure
Insured Institutions
27
#115 of 1,523
Branches per 100k Pop.
31.7
#414 of 1,523
Median Deposits per Institution
$150M
The median deposits booked by a single institution in the county. #528 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
56.6%
of county deposits held by banks with $100M to $100B in assets. #1,003 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Fragmented
40%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.

Deposit trend

County Deposits (SOD, 2020 to 2025)+23.5% over 5 years
$5.4B
2020
$6.6B
2021
$6.9B
2022
$6.8B
2023
$6.7B
2024
$6.7B
2025

Branches: 91 in 2020 to 85 in 2025. Institutions: 26 to 27. Top-three share: 39% to 40%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Regions Bank$1.4B21.5%9+34%
PNC Bank$702M10.5%8-25%
Wells Fargo Bank$552M8.3%5+3%
First Horizon Bank$454M6.8%1+186%
Centennial Bank$426M6.4%5-9%
Renasant Bank$407M6.1%8+9,187%
United Bank$369M5.5%9+49%
SouthState Bank$311M4.6%2+38%
Hancock Whitney Bank$264M4.0%3-10%
Bryant Bank$252M3.8%3+76%
Trustmark National Bank$220M3.3%4+28%
Truist Bank$205M3.1%3-16%
Cadence Bank$165M2.5%3+123%
Community Bank of Mississippi$150M2.2%3+58%
Citizens' Bank, Inc.$143M2.1%3+31%
ServisFirst Bank$123M1.8%1+164%
SmartBank$98M1.5%1+98%
Merchants & Marine Bank$75M1.1%3+20%
River Bank & Trust$67M1.0%1+634%
BankPlus$51M0.8%1no 2020 presence
United Community Bank$48M0.7%1no 2020 presence
The Citizens Bank$48M0.7%1+143%
Synovus Bank$35M0.5%1-44%
First Cahawba Bank$32M0.5%1+94%
Century Bank$25M0.4%1+325%
West Alabama Bank & Trust$18M0.3%1no 2020 presence
Woodforest National Bank$5M0.1%3+26%

The 27 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2025. Five-year change compares the same institution’s county deposits in 2020 and 2025. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.

Part of the Mobile-Daphne-Fairhope market

Baldwin County is one of 2 counties that make up the Mobile-Daphne-Fairhope, AL market, a Combined Statistical Area (ranked #91 of 293 U.S. markets by economic output). It produces 29.6% of the market’s output and holds 39.8% of its deposits.

MeasureBaldwin CountyShare of parent market
2024 GDP$10.2B29.6%
Deposits$6.7B39.8%
Population267,76139.4%

View the full Mobile-Daphne-Fairhope market profile →

Recruiting in Baldwin County

Deposits are spread across a competitive field of institutions, so the bankers worth recruiting are dispersed across more of them. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Baldwin County.

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