Market Intelligence

Manatee County, FL

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

Manatee County, Florida, a core county of the North Port-Bradenton, FL market, holds $11.1B in deposits across 24 insured institutions and 98 branches. Bank of America, National Association is the largest deposit holder at 21.2% share. The top three institutions hold 43.6% of deposits, which places the county in the fragmented band. Deposits have grown 33.2% since 2020 while the branch count fell by 13. It produces $20.4B of output, ranking #216 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$20.4B
#216 of 1,523
Total Deposits
$11.1B
#193 of 1,523
Population
468,200
#158 of 1,523
GDP per Capita
$43,608
#772 of 1,523
Insured Institutions
24
#154 of 1,523
Deposits per Branch
$113M
#428 of 1,523
Deposits per Capita
$23,736
#676 of 1,523
Branches per 100k Pop.
20.9
#939 of 1,523
Median Institution Size
$162M
Median deposits of the institutions operating in the county. #471 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
22.9%
of market deposits held by banks with $100M to $50B in assets. #1,338 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+33.2% over 5 years
$8.3B
2020
$9.8B
2021
$10.8B
2022
$10.6B
2023
$10.9B
2024
$11.1B
2025

Branches: 111 in 2020 to 98 in 2025. Institutions: 21 to 24. Top-three share: 50.4% to 43.6%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Bank of America, National Association$2.4B21.2%10+16%
JPMorgan Chase Bank, National Association$1.3B11.3%9+67%
Wells Fargo Bank, National Association$1.2B11.1%10+18%
Truist Bank$1.2B10.7%10+5%
Ameris Bank$857M7.7%5+295%
Bank OZK$832M7.5%6+69%
Fifth Third Bank, National Association$709M6.4%11+120%
Hancock Whitney Bank$516M4.7%4+33%
BMO Bank National Association$467M4.2%7-5%
Regions Bank$376M3.4%5+22%

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 North Port-Bradenton market

Manatee County is one of 4 counties that make up the North Port-Bradenton, FL market, a Combined Statistical Area (ranked #66 of 293 U.S. markets by economic output). It produces 35.8% of the market’s output and holds 30.9% of its deposits.

MeasureManatee CountyShare of North Port-Bradenton market
2024 GDP$20.4B35.8%
Deposits$11.1B30.9%
Population468,20038.9%

View the full North Port-Bradenton market profile →

Recruiting in Manatee 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 Manatee County, on a retained basis.

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