Market Intelligence

Davidson County, TN

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Davidson County, Tennessee, a core county of the Nashville-Davidson--Murfreesboro, TN market, holds $66.1B in deposits across 35 insured institutions and 210 branches. Bank of America is the largest deposit holder at 26.7% share. The top three banks hold 61% of deposits, which places the county in the Concentrated band. Deposits have grown 20.2% since 2021 while the branch count rose by 2.9%. It produced $93.0B of real gross domestic product in 2024, ranking #51 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$93.0B
#51 of 1,523
Population
745,904
#92 of 1,523
GDP per Capita
$124,704
#37 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$66.1B
#46 of 1,523
Deposits per Capita
$88,677
#30 of 1,523
Deposits per Branch
$315M
#40 of 1,523
Competitive structure
Insured Institutions
35
#56 of 1,523
Branches per 100k Pop.
28.2
#556 of 1,523
Median Deposits per Institution
$546M
The median deposits booked by a single institution in the county. #31 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
20.6%
of county deposits held by banks with $100M to $100B in assets. #1,419 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
61%
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, 2021 to 2026)+20.2% over 5 years
$55.0B
2021
$54.9B
2022
$55.9B
2023
$53.8B
2024
$57.1B
2025
$66.1B
2026

Branches: 204 in 2021 to 210 in 2026. Institutions: 34 to 35. Top-three share: 54% to 61%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Bank of America$17.7B26.7%19+51%
Pinnacle Bank$16.6B25.1%15+50%
Regions Bank$6.2B9.3%33-16%
Truist Bank$5.9B8.9%20-11%
First Horizon Bank$2.8B4.2%15-18%
FirstBank$2.6B3.9%5+15%
U.S. Bank$2.2B3.3%11-1%
Fifth Third Bank$2.0B3.0%21-11%
City National Bank$1.2B1.7%1+59%
Truxton Trust Company$1.1B1.7%1+58%
Wells Fargo Bank$1.1B1.7%10-29%
InsBank$879M1.3%2+65%
ServisFirst Bank$825M1.2%1+37%
JPMorgan Chase Bank$677M1.0%14+215%
Studio Bank$655M1.0%1+59%
Simmons Bank$623M0.9%3+115%
Renasant Bank$556M0.8%5+3%
Old National Bank$546M0.8%2-59%
Wilson Bank and Trust$502M0.8%4+40%
Bank OZK$465M0.7%1no 2021 presence
Lawrence Bank$253M0.4%4+11%
PNC Bank$162M0.2%3+3,103%
Citizens Savings Bank and Trust Company$156M0.2%1+86%
Legends Bank$109M0.2%1+18%
The First National Bank of Middle Tennessee$103M0.2%1+971%
C3bank$74M0.1%1no 2021 presence
United Community Bank$73M0.1%2-61%
First-Citizens Bank & Trust Company$63M0.1%1+129%
First Financial Bank$56M0.1%1-25%
First Farmers and Merchants Bank$34M0.1%2-3%
Republic Bank & Trust Company$27M<0.1%1-14%
Bank of Tennessee$25M<0.1%1-49%
FSNB$11M<0.1%5-20%
First Vision Bank of Tennessee$6M<0.1%1no 2021 presence
The Huntington National Bank$1M<0.1%1no 2021 presence

The 35 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 Nashville-Davidson--Murfreesboro market

Davidson County is one of 20 counties that make up the Nashville-Davidson--Murfreesboro, TN market, a Combined Statistical Area (ranked #28 of 293 U.S. markets by economic output). It produces 49.4% of the market’s output and holds 58.4% of its deposits.

MeasureDavidson CountyShare of parent market
2024 GDP$93.0B49.4%
Deposits$66.1B58.4%
Population745,90430.4%

View the full Nashville-Davidson--Murfreesboro 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.

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