Market Intelligence

Davidson County, TN

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

Davidson County, Tennessee, a core county of the Nashville-Davidson--Murfreesboro, TN market, holds $57.1B in deposits across 37 insured institutions and 214 branches. Pinnacle Bank is the largest deposit holder at 27.1% share. The top three banks hold 56% of deposits, which places the county in the Moderate band. Deposits have grown 13.6% since 2020 while the branch count rose by 5.9%. It produces $93.0B of output, 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, 6/30/25)
$57.1B
#51 of 1,523
Deposits per Capita
$76,488
#34 of 1,523
Deposits per Branch
$267M
#58 of 1,523
Competitive structure
Insured Institutions
37
#52 of 1,523
Branches per 100k Pop.
28.7
#536 of 1,523
Median Deposits per Institution
$394M
The median deposits booked by a single institution in the county. #80 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
50.5%
of county deposits held by banks with $100M to $100B in assets. #1,089 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: Moderate
56%
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)+13.6% over 5 years
$50.2B
2020
$55.0B
2021
$54.9B
2022
$55.9B
2023
$53.8B
2024
$57.1B
2025

Branches: 202 in 2020 to 214 in 2025. Institutions: 33 to 37. Top-three share: 56% to 56%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Pinnacle Bank$15.4B27.1%13+48%
Bank of America$10.3B18.1%20-7%
Regions Bank$6.1B10.6%33-10%
Truist Bank$5.5B9.7%20-1%
First Horizon Bank$2.9B5.1%15-15%
U.S. Bank$2.4B4.3%13+52%
FirstBank$2.4B4.1%5+145%
Fifth Third Bank$2.0B3.4%22-35%
Simmons Bank$1.1B2.0%3+460%
Wells Fargo Bank$1.1B1.9%9-22%
Truxton Trust Company$1.1B1.8%1+104%
City National Bank$1.0B1.8%1+68%
InsBank$800M1.4%2+72%
ServisFirst Bank$783M1.4%1+42%
JPMorgan Chase Bank$605M1.1%14+753%
Renasant Bank$476M0.8%5+2%
Bank OZK$462M0.8%1no 2020 presence
Wilson Bank and Trust$452M0.8%4+47%
Studio Bank$394M0.7%1+41%
Volunteer Bank$319M0.6%3no 2020 presence
Synovus Bank$239M0.4%2-27%
Citizens Savings Bank and Trust Company$166M0.3%1+138%
PNC Bank$155M0.3%3no 2020 presence
The First National Bank of Middle Tennessee$132M0.2%1+4,009%
Old National Bank$126M0.2%2no 2020 presence
Legends Bank$121M0.2%2+60%
CedarStone Bank$112M0.2%1+50%
United Community Bank$75M0.1%2no 2020 presence
C3bank$70M0.1%1no 2020 presence
First Farmers and Merchants Bank$69M0.1%2+125%
First-Citizens Bank & Trust Company$61M0.1%1+206%
Republic Bank & Trust Company$33M0.1%1+67%
Bank of Tennessee$24M<0.1%1-48%
FSNB$11M<0.1%5-4%
First Vision Bank of Tennessee$6M<0.1%1no 2020 presence
Cadence Bank<$1M<0.1%1no 2020 presence
F&M Bank$0M0.0%1no 2020 presence

The 37 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 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 55.1% of its deposits.

MeasureDavidson CountyShare of parent market
2024 GDP$93.0B49.4%
Deposits$57.1B55.1%
Population745,90430.4%

View the full Nashville-Davidson--Murfreesboro market profile →

Recruiting in Davidson County

Deposits are split among a moderate 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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