Market Intelligence

Lincoln County, NC

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

Lincoln County, North Carolina, a county in the Charlotte-Concord, NC-SC market, holds $1.9B in deposits across 10 insured institutions and 20 branches. First Federal Savings Bank of Lincolnton is the largest deposit holder at 20.8% share. The top three institutions hold 51.6% of deposits, which places the county in the moderately concentrated band. Deposits have grown 24.4% since 2020 while the branch count fell by 3. It produces $3.6B of output, ranking #715 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$3.6B
#715 of 1,523
Total Deposits
$1.9B
#671 of 1,523
Population
98,654
#623 of 1,523
GDP per Capita
$36,274
#1,025 of 1,523
Insured Institutions
10
#684 of 1,523
Deposits per Branch
$95M
#664 of 1,523
Deposits per Capita
$19,250
#932 of 1,523
Branches per 100k Pop.
20.3
#991 of 1,523
Median Institution Size
$198M
Median deposits of the institutions operating in the county. #338 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
52.1%
of market deposits held by banks with $100M to $50B in assets. #955 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: moderately concentrated
51.6%
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+24.4% over 5 years
$1.5B
2020
$1.7B
2021
$1.8B
2022
$1.8B
2023
$1.8B
2024
$1.9B
2025

Branches: 23 in 2020 to 20 in 2025. Institutions: 10 to 10. Top-three share: 52.7% to 51.6%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First Federal Savings Bank of Lincolnton$395M20.8%4+15%
Fifth Third Bank, National Association$296M15.6%2+39%
Peoples Bank$289M15.2%3+17%
Bank of America, National Association$257M13.6%2+20%
United Bank$215M11.3%2+1%
Truist Bank$181M9.5%2+26%
First-Citizens Bank & Trust Company$176M9.2%2+61%
Bank OZK$80M4.2%1+179%
Woodforest National Bank$5M0.2%1+7%
The Fidelity Bank$5M0.2%1no 2020 presence

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 Charlotte-Concord market

Lincoln County is one of 18 counties that make up the Charlotte-Concord, NC-SC market, a Combined Statistical Area (ranked #19 of 293 U.S. markets by economic output). It produces 1.5% of the market’s output and holds 0.4% of its deposits.

MeasureLincoln CountyShare of Charlotte-Concord market
2024 GDP$3.6B1.5%
Deposits$1.9B0.4%
Population98,6542.8%

View the full Charlotte-Concord market profile →

Recruiting in Lincoln 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 Lincoln County, on a retained basis.

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