Craighead County, Arkansas, a core county of the Jonesboro-Paragould, AR market, holds $4.0B in deposits across 24 insured institutions and 52 branches. Centennial Bank is the largest deposit holder at 19.2% share. The top three institutions hold 39.0% of deposits, which places the county in the fragmented band. Deposits have grown 16.7% since 2020 while the branch count rose by 3. It produces $5.6B of output, ranking #553 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 49 in 2020 to 52 in 2025. Institutions: 21 to 24. Top-three share: 47.6% to 39.0%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Centennial Bank | $772M | 19.2% | -18% |
| First Community Bank | $409M | 10.2% | +62% |
| First National Bank | $385M | 9.6% | +63% |
| Simmons Bank | $353M | 8.8% | +5% |
| First Horizon Bank | $303M | 7.5% | -17% |
| Bank of America, National Association | $214M | 5.3% | -9% |
| Regions Bank | $199M | 5.0% | -10% |
| Arvest Bank | $169M | 4.2% | +30% |
| Cadence Bank | $160M | 4.0% | +23% |
| First Security Bank | $159M | 4.0% | +5% |
The 10 insured institutions with a branch presence in this county, as of 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. Even so, a large gain can reflect acquisition rather than competitive growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.
Part of the Jonesboro-Paragould market
Craighead County is one of 3 counties that make up the Jonesboro-Paragould, AR market, a Combined Statistical Area (ranked #224 of 293 U.S. markets by economic output). It produces 71.0% of the market’s output and holds 68.6% of its deposits.
| Measure | Craighead County | Share of Jonesboro-Paragould market |
|---|---|---|
| 2024 GDP | $5.6B | 71.0% |
| Deposits | $4.0B | 68.6% |
| Population | 116,957 | 62.6% |
View the full Jonesboro-Paragould market profile →
Recruiting in Craighead 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 Craighead County, on a retained basis.
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