Market Intelligence

Perry County, MS

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

Perry County, Mississippi, a county in the Hattiesburg-Laurel, MS market, holds $156M in deposits across 3 insured institutions and 5 branches. Trustmark National Bank is the largest deposit holder at 52.7% share. The top three institutions hold 100.0% of deposits, which places the county in the concentrated band. Deposits have grown 16.6% since 2020. It produces $329M of output, ranking #1,428 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$329M
#1,428 of 1,523
Total Deposits
$156M
#1,443 of 1,523
Population
11,577
#1,427 of 1,523
GDP per Capita
$28,425
#1,287 of 1,523
Insured Institutions
3
#1,382 of 1,523
Deposits per Branch
$31M
#1,501 of 1,523
Deposits per Capita
$13,437
#1,284 of 1,523
Branches per 100k Pop.
43.2
#169 of 1,523
Median Institution Size
$42M
Median deposits of the institutions operating in the county. #1,449 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
72.8%
of market deposits held by banks with $100M to $50B in assets. #629 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+16.6% over 5 years
$133M
2020
$145M
2021
$146M
2022
$148M
2023
$154M
2024
$156M
2025

Branches: 5 in 2020 to 5 in 2025. Institutions: 3 to 3. Top-three share: 100.0% to 100.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Trustmark National Bank$82M52.7%2+60%
Richton Bank & Trust Company$42M27.2%2-21%
First Southern Bank$31M20.1%1+9%

The 3 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 Hattiesburg-Laurel market

Perry County is one of 5 counties that make up the Hattiesburg-Laurel, MS market, a Combined Statistical Area (ranked #198 of 293 U.S. markets by economic output). It produces 3.4% of the market’s output and holds 2.4% of its deposits.

MeasurePerry CountyShare of Hattiesburg-Laurel market
2024 GDP$329M3.4%
Deposits$156M2.4%
Population11,5774.8%

View the full Hattiesburg-Laurel market profile →

Recruiting in Perry 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 Perry County, on a retained basis.

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