Market Intelligence

Gadsden County, FL

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

Gadsden County, Florida, a county in the Tallahassee-Bainbridge, FL-GA market, holds $262M in deposits across 2 insured institutions and 3 branches. Capital City Bank is the largest deposit holder at 82.3% share. The top three institutions hold 100.0% of deposits, which places the county in the concentrated band. Deposits have grown 8.0% since 2020. It produces $1.3B of output, ranking #1,112 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.3B
#1,112 of 1,523
Total Deposits
$262M
#1,369 of 1,523
Population
44,298
#987 of 1,523
GDP per Capita
$28,799
#1,275 of 1,523
Insured Institutions
2
#1,436 of 1,523
Deposits per Branch
$87M
#783 of 1,523
Deposits per Capita
$5,908
#1,498 of 1,523
Branches per 100k Pop.
6.8
#1,512 of 1,523
Median Institution Size
$131M
Median deposits of the institutions operating in the county. #641 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. #66 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
100.0%
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+8.0% over 5 years
$242M
2020
$280M
2021
$281M
2022
$270M
2023
$269M
2024
$262M
2025

Branches: 3 in 2020 to 3 in 2025. Institutions: 2 to 2. Top-three share: 100.0% to 100.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Capital City Bank$215M82.3%2+10%
Centennial Bank$46M17.7%10%

The 2 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 Tallahassee-Bainbridge market

Gadsden County is one of 5 counties that make up the Tallahassee-Bainbridge, FL-GA market, a Combined Statistical Area (ranked #124 of 293 U.S. markets by economic output). It produces 5.7% of the market’s output and holds 2.7% of its deposits.

MeasureGadsden CountyShare of Tallahassee-Bainbridge market
2024 GDP$1.3B5.7%
Deposits$262M2.7%
Population44,29810.4%

View the full Tallahassee-Bainbridge market profile →

Recruiting in Gadsden 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 Gadsden County, on a retained basis.

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