Market Intelligence

Gilchrist County, FL

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

Gilchrist County, Florida, a county in the Gainesville-Lake City, FL market, holds $260M in deposits across 4 insured institutions and 6 branches. Capital City Bank is the largest deposit holder at 41.2% share. The top three institutions hold 92.6% of deposits, which places the county in the concentrated band. Deposits have grown 39.8% since 2020. It produces $443M of output, ranking #1,381 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$443M
#1,381 of 1,523
Total Deposits
$260M
#1,371 of 1,523
Population
20,488
#1,298 of 1,523
GDP per Capita
$21,642
#1,441 of 1,523
Insured Institutions
4
#1,258 of 1,523
Deposits per Branch
$43M
#1,439 of 1,523
Deposits per Capita
$12,670
#1,319 of 1,523
Branches per 100k Pop.
29.3
#502 of 1,523
Median Institution Size
$67M
Median deposits of the institutions operating in the county. #1,239 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. #71 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
92.6%
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+39.8% over 5 years
$186M
2020
$215M
2021
$228M
2022
$271M
2023
$252M
2024
$260M
2025

Branches: 6 in 2020 to 6 in 2025. Institutions: 4 to 4. Top-three share: 94.7% to 92.6%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Capital City Bank$107M41.2%3+49%
Ameris Bank$76M29.2%1+12%
Seacoast National Bank$58M22.2%1no 2020 presence
Lafayette State Bank$19M7.4%1+96%

The 4 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 Gainesville-Lake City market

Gilchrist County is one of 4 counties that make up the Gainesville-Lake City, FL market, a Combined Statistical Area (ranked #132 of 293 U.S. markets by economic output). It produces 2.1% of the market’s output and holds 3.0% of its deposits.

MeasureGilchrist CountyShare of Gainesville-Lake City market
2024 GDP$443M2.1%
Deposits$260M3.0%
Population20,4884.7%

View the full Gainesville-Lake City market profile →

Recruiting in Gilchrist 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 Gilchrist County, on a retained basis.

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