Market Intelligence

Caldwell County, NC

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

Caldwell County, North Carolina, a core county of the Charlotte-Concord, NC-SC market, holds $954M in deposits across 7 insured institutions and 13 branches. First-Citizens Bank & Trust Company is the largest deposit holder at 39.8% share. The top three banks hold 77% of deposits, which places the county in the Concentrated band. Deposits have grown 15.9% since 2020. It produces $2.5B of output, ranking #839 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$2.5B
#839 of 1,523
Population
81,105
#707 of 1,523
GDP per Capita
$30,918
#1,200 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$954M
#956 of 1,523
Deposits per Capita
$11,764
#1,355 of 1,523
Deposits per Branch
$73M
#1,013 of 1,523
Competitive structure
Insured Institutions
7
#930 of 1,523
Branches per 100k Pop.
16.0
#1,237 of 1,523
Median Deposits per Institution
$125M
The median deposits booked by a single institution in the county. #697 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
29.0%
of county deposits held by banks with $100M to $100B in assets. #1,357 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: Concentrated
77%
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)+15.9% over 5 years
$824M
2020
$922M
2021
$1.0B
2022
$970M
2023
$949M
2024
$954M
2025

Branches: 13 in 2020 to 13 in 2025. Institutions: 7 to 7. Top-three share: 79% to 77%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
First-Citizens Bank & Trust Company$380M39.8%3+25%
First Horizon Bank$229M24.0%3+4%
Wells Fargo Bank$129M13.5%1+3%
Truist Bank$125M13.1%1+3%
PNC Bank$45M4.7%1-2%
Skyline National Bank$36M3.8%2+3,185%
Woodforest National Bank$11M1.2%2+43%

The 7 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 Charlotte-Concord market

Caldwell County is one of 18 counties that make up the Charlotte-Concord, NC-SC market, a Combined Statistical Area (ranked #19 of 293 U.S. markets by economic output). It produces 1.0% of the market’s output and holds 0.2% of its deposits.

MeasureCaldwell CountyShare of parent market
2024 GDP$2.5B1.0%
Deposits$954M0.2%
Population81,1052.3%

View the full Charlotte-Concord market profile →

Recruiting in Caldwell 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 Caldwell County.

See how we help banks recruit commercial banking talent