Market Intelligence

Dorchester County, SC

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

Dorchester County, South Carolina, a core county of the Charleston-North Charleston, SC market, holds $2.7B in deposits across 22 insured institutions and 39 branches. First-Citizens Bank & Trust Company is the largest deposit holder at 16.0% share. The top three institutions hold 44.5% of deposits, which places the county in the fragmented band. Deposits have grown 45.5% since 2020 while the branch count rose by 4. It produces $5.2B of output, ranking #579 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$5.2B
#579 of 1,523
Total Deposits
$2.7B
#537 of 1,523
Population
178,397
#390 of 1,523
GDP per Capita
$29,378
#1,254 of 1,523
Insured Institutions
22
#174 of 1,523
Deposits per Branch
$70M
#1,076 of 1,523
Deposits per Capita
$15,300
#1,173 of 1,523
Branches per 100k Pop.
21.9
#887 of 1,523
Median Institution Size
$60M
Median deposits of the institutions operating in the county. #1,319 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
27.2%
of market deposits held by banks with $100M to $50B in assets. #1,279 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: fragmented
44.5%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+45.5% over 5 years
$1.9B
2020
$2.1B
2021
$2.3B
2022
$2.4B
2023
$2.5B
2024
$2.7B
2025

Branches: 35 in 2020 to 39 in 2025. Institutions: 17 to 22. Top-three share: 46.0% to 44.5%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First-Citizens Bank & Trust Company$438M16.0%3+89%
Bank of America, National Association$393M14.4%3+29%
Wells Fargo Bank, National Association$384M14.1%2+25%
SouthState Bank, National Association$304M11.1%3+21%
Truist Bank$188M6.9%3+5%
United Bank$176M6.5%4+3%
First National Bank of South Carolina$156M5.7%4+34%
Pinnacle Bank$123M4.5%2+512%
The Bank of South Carolina$103M3.8%2+10%
First Capital Bank$95M3.5%1+300%

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.

Part of the Charleston-North Charleston market

Dorchester County is one of 3 counties that make up the Charleston-North Charleston, SC market, a Metropolitan Statistical Area (ranked #68 of 293 U.S. markets by economic output). It produces 9.3% of the market’s output and holds 11.8% of its deposits.

MeasureDorchester CountyShare of Charleston-North Charleston market
2024 GDP$5.2B9.3%
Deposits$2.7B11.8%
Population178,39720.1%

View the full Charleston-North Charleston market profile →

Recruiting in Dorchester 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 Dorchester County, on a retained basis.

Start a confidential conversation