Boone County, Missouri, a core county of the Columbia-Jefferson City-Moberly, MO market, holds $5.8B in deposits across 23 insured institutions and 59 branches. The Central Trust Bank is the largest deposit holder at 37.3% share. The top three banks hold 61% of deposits, which places the county in the Concentrated band. Deposits have grown 0.3% since 2021 while the branch count fell by 18.1%. It produced $10.9B of real gross domestic product in 2024, ranking #337 of the 1,523 ranked counties by economic output.
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
Branches: 72 in 2021 to 59 in 2026. Institutions: 31 to 23. Top-three share: 67% to 61%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| The Central Trust Bank | $2.2B | 37.3% | 0% |
| Commerce Bank | $829M | 14.2% | -8% |
| Simmons Bank | $572M | 9.8% | -37% |
| Bank of America | $429M | 7.4% | -7% |
| First State Community Bank | $294M | 5.0% | +74% |
| U.S. Bank | $293M | 5.0% | +42% |
| The Bank of Missouri | $215M | 3.7% | -13% |
| The Callaway Bank | $151M | 2.6% | +5% |
| First Mid Bank & Trust | $139M | 2.4% | +8% |
| First Midwest Bank of the Ozarks | $138M | 2.4% | +35% |
| UMB Bank | $121M | 2.1% | +26% |
| Hawthorn Bank | $116M | 2.0% | +63% |
| Regions Bank | $89M | 1.5% | 0% |
| Connections Bank | $46M | 0.8% | +76% |
| HomeBank | $42M | 0.7% | +134% |
| Flat Branch Bank | $42M | 0.7% | no 2021 presence |
| Mid America Bank | $40M | 0.7% | no 2021 presence |
| Exchange Bank of Missouri | $30M | 0.5% | no 2021 presence |
| Academy Bank | $18M | 0.3% | +77% |
| Commercial Trust Company of Fayette | $18M | 0.3% | +21% |
| Great Southern Bank | $16M | 0.3% | +12% |
| The Missouri Bank | $10M | 0.2% | +61% |
| Investors Community Bank | $8M | 0.1% | no 2021 presence |
The 23 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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 2021 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 Columbia-Jefferson City-Moberly market
Boone County is one of 9 counties that make up the Columbia-Jefferson City-Moberly, MO market, a Combined Statistical Area (ranked #121 of 293 U.S. markets by economic output). It produces 48.3% of the market’s output and holds 37.8% of its deposits.
| Measure | Boone County | Share of parent market |
|---|---|---|
| 2024 GDP | $10.9B | 48.3% |
| Deposits | $5.8B | 37.8% |
| Population | 191,746 | 45.6% |
View the full Columbia-Jefferson City-Moberly market profile →
Recruiting in Boone County
Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. 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 Boone County.
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