Market Intelligence

Pamlico County, NC

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market Intelligence › New Bern-Morehead City, NC › Pamlico County

Pamlico County, North Carolina, a county in the New Bern-Morehead City, NC market, holds $217M in deposits across 2 insured institutions and 3 branches. First-Citizens Bank & Trust Company is the largest deposit holder at 72.9% share. The top three institutions hold 100.0% of deposits, which places the county in the concentrated band. Deposits have grown 37.4% since 2020. It produces $290M of output, ranking #1,449 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$290M
#1,449 of 1,523
Total Deposits
$217M
#1,401 of 1,523
Population
12,758
#1,414 of 1,523
GDP per Capita
$22,700
#1,418 of 1,523
Insured Institutions
2
#1,465 of 1,523
Deposits per Branch
$72M
#1,039 of 1,523
Deposits per Capita
$16,989
#1,070 of 1,523
Branches per 100k Pop.
23.5
#806 of 1,523
Median Institution Size
$108M
Median deposits of the institutions operating in the county. #827 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
0.0%
of market deposits held by banks with $100M to $50B in assets. #1,521 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
100.0%
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+37.4% over 5 years
$158M
2020
$187M
2021
$200M
2022
$196M
2023
$204M
2024
$217M
2025

Branches: 3 in 2020 to 3 in 2025. Institutions: 2 to 2. Top-three share: 100.0% to 100.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First-Citizens Bank & Trust Company$158M72.9%2+53%
Wells Fargo Bank, National Association$59M27.1%1+8%

The 2 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 New Bern-Morehead City market

Pamlico County is one of 4 counties that make up the New Bern-Morehead City, NC market, a Combined Statistical Area (ranked #211 of 293 U.S. markets by economic output). It produces 3.3% of the market’s output and holds 6.0% of its deposits.

MeasurePamlico CountyShare of New Bern-Morehead City market
2024 GDP$290M3.3%
Deposits$217M6.0%
Population12,7586.4%

See the New Bern-Morehead City market in Market Intelligence →

Recruiting in Pamlico 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 Pamlico County, on a retained basis.

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