Darlington County, South Carolina, a county in the Florence, SC market, holds $810M in deposits across 9 insured institutions and 14 branches. Carolina Bank & Trust Co. is the largest deposit holder at 26.7% share. The top three institutions hold 65.6% of deposits, which places the county in the concentrated band. Deposits have grown 18.7% since 2020 while the branch count fell by 1. It produces $2.7B of output, ranking #820 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 15 in 2020 to 14 in 2025. Institutions: 9 to 9. Top-three share: 64.8% to 65.6%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Carolina Bank & Trust Co. | $216M | 26.7% | +9% |
| First-Citizens Bank & Trust Company | $211M | 26.0% | +35% |
| Wells Fargo Bank, National Association | $104M | 12.8% | +18% |
| SouthState Bank, National Association | $86M | 10.6% | +31% |
| Dedicated Community Bank | $75M | 9.3% | +30% |
| The Citizens Bank | $69M | 8.6% | +25% |
| Oconee Federal Savings and Loan Association | $26M | 3.3% | no 2020 presence |
| First Palmetto Bank | $21M | 2.6% | +7% |
| Woodforest National Bank | $1M | 0.1% | +677% |
The 9 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 Florence market
Darlington County is one of 2 counties that make up the Florence, SC market, a Metropolitan Statistical Area (ranked #189 of 293 U.S. markets by economic output). It produces 25.2% of the market’s output and holds 18.9% of its deposits.
| Measure | Darlington County | Share of Florence market |
|---|---|---|
| 2024 GDP | $2.7B | 25.2% |
| Deposits | $810M | 18.9% |
| Population | 62,888 | 31.2% |
View the full Florence market profile →
Recruiting in Darlington 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 Darlington County, on a retained basis.
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