Market Intelligence

San Juan County, NM

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market IntelligenceFarmington, NM › San Juan County

San Juan County, New Mexico, a core county of the Farmington, NM market, holds $1.8B in deposits across 8 insured institutions and 23 branches. The Citizens Bank is the largest deposit holder at 37.4% share. The top three institutions hold 77.7% of deposits, which places the county in the concentrated band. Deposits have grown 9.1% since 2020 while the branch count fell by 11.5%. It produces $5.5B of output, ranking #557 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$5.5B
#557 of 1,523
Population
120,340
#533 of 1,523
GDP per Capita
$45,799
#708 of 1,523
Deposit market
Total Deposits
$1.8B
#683 of 1,523
Deposits per Capita
$15,232
#1,178 of 1,523
Deposits per Branch
$80M
#904 of 1,523
Competitive structure
Insured Institutions
8
#905 of 1,523
Branches per 100k Pop.
19.1
#1,069 of 1,523
Median Deposits per Institution
$156M
The median deposits booked by a single institution in the county. #502 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
63.7%
of county deposits held by banks with $100M to $50B in assets. #793 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
77.7%
The combined deposit share of the three largest institutions 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

Total county deposits (nominal), 2020 to 2025+9.1% over 5 years
$1.7B
2020
$1.8B
2021
$1.9B
2022
$1.8B
2023
$1.8B
2024
$1.8B
2025

Branches: 26 in 2020 to 23 in 2025. Institutions: 8 to 8. Top-three share: 82.2% to 77.7%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
The Citizens Bank$686M37.4%6+5%
Four Corners Community Bank$383M20.9%4+55%
Wells Fargo Bank$355M19.4%3-26%
Bank of America$225M12.3%1+49%
Zions Bancorporation$86M4.7%1+38%
Washington Federal Bank$63M3.4%1+25%
Bank of the Southwest$30M1.6%5-6%
First National Bank Texas$6M0.3%2+14%

The 8 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. “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 Farmington market

San Juan County is the only county in the Farmington, NM market, a Metropolitan Statistical Area (ranked #262 of 293 U.S. markets by economic output). It produces 100.0% of the market’s output and holds 100.0% of its deposits.

MeasureSan Juan CountyShare of parent market
2024 GDP$5.5B100.0%
Deposits$1.8B100.0%
Population120,340100.0%

View the full Farmington market profile →

Recruiting in San Juan 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 San Juan County.

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