Market Intelligence

Davidson County, NC

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

Davidson County, North Carolina, a core county of the Greensboro--Winston-Salem--High Point, NC market, holds $2.7B in deposits across 10 insured institutions and 24 branches. First National Bank of Pennsylvania is the largest deposit holder at 29.8% share. The top three institutions hold 69.9% of deposits, which places the county in the concentrated band. Deposits have grown 2.8% since 2020 while the branch count fell by 2. It produces $5.4B of output, ranking #565 of the 1,523 counties within a CSA or MSA by economic output.

Economic scale
2024 Real GDP
$5.4B
#565 of 1,523
Population
180,182
#387 of 1,523
GDP per Capita
$30,006
#1,233 of 1,523
Deposit market
Total Deposits
$2.7B
#545 of 1,523
Deposits per Capita
$14,858
#1,204 of 1,523
Deposits per Branch
$112M
#450 of 1,523
Competitive structure
Insured Institutions
10
#664 of 1,523
Branches per 100k Pop.
13.3
#1,368 of 1,523
Median Deposits per Institution
$172M
The median deposits booked by a single institution in the county. #427 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
49.0%
of county deposits held by banks with $100M to $50B in assets. #993 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 Deposit Share: concentrated
69.9%
The combined deposit share of the three largest institutions 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

Total county deposits (nominal), 2020 to 2025+2.8% over 5 years
$2.6B
2020
$2.6B
2021
$2.5B
2022
$2.5B
2023
$2.7B
2024
$2.7B
2025

Branches: 26 in 2020 to 24 in 2025. Institutions: 10 to 10. Top-three share: 74.9% to 69.9%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First$796M29.8%7+60%
Truist Bank$556M20.8%3-31%
Pinnacle Bank$518M19.4%3-20%
First Bank$248M9.3%2+51%
Wells Fargo Bank$227M8.5%2+6%
The Fidelity Bank$118M4.4%2+75%
Bank OZK$72M2.7%1+53%
HomeTrust Bank$68M2.5%1-20%
Bank of America$64M2.4%1-5%
Woodforest National Bank$10M0.4%2+27%

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 organic growth; “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 Greensboro--Winston-Salem--High Point market

Davidson County is one of 10 counties that make up the Greensboro--Winston-Salem--High Point, NC market, a Combined Statistical Area (ranked #42 of 293 U.S. markets by economic output). It produces 6.0% of the market’s output and holds 7.6% of its deposits.

MeasureDavidson CountyShare of parent market
2024 GDP$5.4B6.0%
Deposits$2.7B7.6%
Population180,18210.1%

View the full Greensboro--Winston-Salem--High Point market profile →

Recruiting in Davidson 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 Davidson County, on a retained basis.

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