Market Intelligence

Fannin County, TX

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

Fannin County, Texas, a core county of the Dallas-Fort Worth, TX-OK market, holds $788M in deposits across 5 insured institutions and 10 branches. First United Bank and Trust Company is the largest deposit holder at 32.4% share. The top three institutions hold 75.4% of deposits, which places the county in the concentrated band. Deposits have grown 49.0% since 2020. It produces $1.1B of output, ranking #1,156 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.1B
#1,156 of 1,523
Total Deposits
$788M
#1,040 of 1,523
Population
39,265
#1,037 of 1,523
GDP per Capita
$29,263
#1,258 of 1,523
Insured Institutions
5
#1,170 of 1,523
Deposits per Branch
$79M
#923 of 1,523
Deposits per Capita
$20,060
#885 of 1,523
Branches per 100k Pop.
25.5
#688 of 1,523
Median Institution Size
$160M
Median deposits of the institutions operating in the county. #483 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
100.0%
of market deposits held by banks with $100M to $50B in assets. #57 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
75.4%
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+49.0% over 5 years
$529M
2020
$572M
2021
$664M
2022
$728M
2023
$798M
2024
$788M
2025

Branches: 10 in 2020 to 10 in 2025. Institutions: 5 to 5. Top-three share: 72.2% to 75.4%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First United Bank and Trust Company$255M32.4%2+79%
Legend Bank, N.A.$179M22.7%2+48%
Community National Bank & Trust of Texas$160M20.3%3no 2020 presence
Fannin Bank$139M17.7%2+33%
Veritex Community Bank$55M6.9%1+30%

The 5 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 Dallas-Fort Worth market

Fannin County is one of 20 counties that make up the Dallas-Fort Worth, TX-OK market, a Combined Statistical Area (ranked #7 of 293 U.S. markets by economic output). It produces 0.2% of the market’s output and holds 0.1% of its deposits.

MeasureFannin CountyShare of Dallas-Fort Worth market
2024 GDP$1.1B0.2%
Deposits$788M0.1%
Population39,2650.4%

View the full Dallas-Fort Worth market profile →

Recruiting in Fannin 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 Fannin County, on a retained basis.

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