Garland County, Arkansas, a core county of the Hot Springs-Malvern, AR market, holds $3.1B in deposits across 14 insured institutions and 45 branches. Arvest Bank is the largest deposit holder at 18.7% share. The top three institutions hold 53.9% of deposits, which places the county in the moderately concentrated band. Deposits have grown 37.1% since 2020 while the branch count fell by 4. It produces $3.7B of output, ranking #708 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 49 in 2020 to 45 in 2025. Institutions: 13 to 14. Top-three share: 58.0% to 53.9%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Arvest Bank | $584M | 18.7% | +28% |
| Bank OZK | $567M | 18.1% | +41% |
| Regions Bank | $531M | 17.0% | +15% |
| U.S. Bank National Association | $260M | 8.3% | +29% |
| Simmons Bank | $238M | 7.6% | +20% |
| Southern Bancorp Bank | $205M | 6.6% | +42% |
| First Security Bank | $164M | 5.2% | +158% |
| Diamond Bank | $121M | 3.9% | +39% |
| Relyance Bank | $121M | 3.9% | +22% |
| The Citizens Bank | $94M | 3.0% | +123% |
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 Hot Springs-Malvern market
Garland County is one of 2 counties that make up the Hot Springs-Malvern, AR market, a Combined Statistical Area (ranked #273 of 293 U.S. markets by economic output). It produces 74.9% of the market’s output and holds 85.3% of its deposits.
| Measure | Garland County | Share of Hot Springs-Malvern market |
|---|---|---|
| 2024 GDP | $3.7B | 74.9% |
| Deposits | $3.1B | 85.3% |
| Population | 99,695 | 74.9% |
View the full Hot Springs-Malvern market profile →
Recruiting in Garland 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 Garland County, on a retained basis.
Start a confidential conversation