Market Intelligence

Leon County, FL

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

Leon County, Florida, a core county of the Tallahassee-Bainbridge, FL-GA market, holds $7.9B in deposits across 19 insured institutions and 61 branches. Capital City Bank is the largest deposit holder at 16.8% share. The top three institutions hold 43.6% of deposits, which places the county in the fragmented band. Deposits have fallen 8.0% since 2020 while the branch count fell by 11. It produces $18.8B of output, ranking #226 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$18.8B
#226 of 1,523
Total Deposits
$7.9B
#235 of 1,523
Population
299,048
#248 of 1,523
GDP per Capita
$62,834
#299 of 1,523
Insured Institutions
19
#239 of 1,523
Deposits per Branch
$130M
#300 of 1,523
Deposits per Capita
$26,495
#530 of 1,523
Branches per 100k Pop.
20.4
#982 of 1,523
Median Institution Size
$325M
Median deposits of the institutions operating in the county. #141 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
50.0%
of market deposits held by banks with $100M to $50B in assets. #981 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
43.6%
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 2025-8.0% over 5 years
$8.6B
2020
$11.0B
2021
$9.2B
2022
$8.3B
2023
$8.2B
2024
$7.9B
2025

Branches: 72 in 2020 to 61 in 2025. Institutions: 17 to 19. Top-three share: 51.5% to 43.6%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Capital City Bank$1.3B16.8%12+16%
Bank of America, National Association$1.2B15.2%5+10%
Truist Bank$925M11.7%6-54%
Wells Fargo Bank, National Association$834M10.5%4-36%
Prime Meridian Bank$710M9.0%2+58%
Hancock Whitney Bank$512M6.5%3+25%
Regions Bank$492M6.2%4-10%
Renasant Bank$353M4.5%4no 2020 presence
Synovus Bank$351M4.4%4-4%
Centennial Bank$325M4.1%6-1%

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 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

Leon 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 84.0% of the market’s output and holds 82.6% of its deposits.

MeasureLeon CountyShare of Tallahassee-Bainbridge market
2024 GDP$18.8B84.0%
Deposits$7.9B82.6%
Population299,04870.1%

View the full Tallahassee-Bainbridge market profile →

Recruiting in Leon 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 Leon County, on a retained basis.

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