Market Intelligence

Lexington County, SC

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

Lexington County, South Carolina, a core county of the Columbia-Sumter-Orangeburg, SC market, holds $6.4B in deposits across 18 insured institutions and 57 branches. Truist Bank is the largest deposit holder at 20.0% share. The top three banks hold 49% of deposits, which places the county in the Moderate band. Deposits have grown 23.1% since 2020 while the branch count fell by 10.9%. It produces $15.2B of output, ranking #265 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$15.2B
#265 of 1,523
Population
317,588
#235 of 1,523
GDP per Capita
$47,866
#641 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$6.4B
#282 of 1,523
Deposits per Capita
$20,078
#884 of 1,523
Deposits per Branch
$112M
#448 of 1,523
Competitive structure
Insured Institutions
18
#266 of 1,523
Branches per 100k Pop.
17.9
#1,139 of 1,523
Median Deposits per Institution
$250M
The median deposits booked by a single institution in the county. #222 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
36.8%
of county deposits held by banks with $100M to $100B in assets. #1,266 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 Banks’ Deposit Share: Moderate
49%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.

Deposit trend

County Deposits (SOD, 2020 to 2025)+23.1% over 5 years
$5.2B
2020
$5.2B
2021
$5.7B
2022
$5.8B
2023
$6.0B
2024
$6.4B
2025

Branches: 64 in 2020 to 57 in 2025. Institutions: 17 to 18. Top-three share: 54% to 49%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Truist Bank$1.3B20.0%10+3%
Wells Fargo Bank$1.0B16.2%5+21%
Bank of America$811M12.7%4+14%
First Community Bank$736M11.5%6+63%
First-Citizens Bank & Trust Company$540M8.5%6+36%
TD Bank$354M5.6%5+17%
SouthState Bank$308M4.8%3+34%
Southern First Bank$300M4.7%1+10%
Synovus Bank$271M4.3%3+30%
Ameris Bank$229M3.6%2+64%
United Bank$146M2.3%2+15%
First Reliance Bank$136M2.1%2+36%
Security Federal Bank$129M2.0%2+59%
First Palmetto Bank$53M0.8%1+74%
United Community Bank$26M0.4%1no 2020 presence
JPMorgan Chase Bank$11M0.2%1no 2020 presence
Woodforest National Bank$9M0.1%2-3%
Arthur State Bank$7M0.1%1+106%

The 18 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, 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. “No 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.

Part of the Columbia-Sumter-Orangeburg market

Lexington County is one of 9 counties that make up the Columbia-Sumter-Orangeburg, SC market, a Combined Statistical Area (ranked #65 of 293 U.S. markets by economic output). It produces 25.8% of the market’s output and holds 21.2% of its deposits.

MeasureLexington CountyShare of parent market
2024 GDP$15.2B25.8%
Deposits$6.4B21.2%
Population317,58828.7%

View the full Columbia-Sumter-Orangeburg market profile →

Recruiting in Lexington 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 Lexington County.

See how we help banks recruit commercial banking talent