Market Intelligence

Santa Rosa County, FL

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

Santa Rosa County, Florida, a core county of the Pensacola-Ferry Pass-Brent, FL market, holds $1.9B in deposits across 12 insured institutions and 23 branches. Regions Bank is the largest deposit holder at 33.8% share. The top three institutions hold 55.9% of deposits, which places the county in the moderately concentrated band. Deposits have grown 7.4% since 2020 while the branch count fell by 3. It produces $6.1B of output, ranking #519 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$6.1B
#519 of 1,523
Total Deposits
$1.9B
#676 of 1,523
Population
211,115
#340 of 1,523
GDP per Capita
$28,993
#1,269 of 1,523
Insured Institutions
12
#541 of 1,523
Deposits per Branch
$81M
#884 of 1,523
Deposits per Capita
$8,796
#1,448 of 1,523
Branches per 100k Pop.
10.9
#1,435 of 1,523
Median Institution Size
$112M
Median deposits of the institutions operating in the county. #787 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
28.0%
of market deposits held by banks with $100M to $50B in assets. #1,273 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
55.9%
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+7.4% over 5 years
$1.7B
2020
$2.0B
2021
$2.0B
2022
$2.0B
2023
$1.9B
2024
$1.9B
2025

Branches: 26 in 2020 to 23 in 2025. Institutions: 14 to 12. Top-three share: 50.3% to 55.9%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Regions Bank$627M33.8%5+21%
Hancock Whitney Bank$206M11.1%2+17%
Synovus Bank$204M11.0%3+16%
United Bank$190M10.2%3+69%
Truist Bank$152M8.2%20%
SouthState Bank, National Association$119M6.4%1-22%
Bank of America, National Association$106M5.7%1+7%
Wells Fargo Bank, National Association$95M5.1%1+35%
Centennial Bank$58M3.1%1+46%
Renasant Bank$51M2.7%2no 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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the Pensacola-Ferry Pass-Brent market

Santa Rosa County is one of 2 counties that make up the Pensacola-Ferry Pass-Brent, FL market, a Metropolitan Statistical Area (ranked #112 of 293 U.S. markets by economic output). It produces 24.5% of the market’s output and holds 22.7% of its deposits.

MeasureSanta Rosa CountyShare of Pensacola-Ferry Pass-Brent market
2024 GDP$6.1B24.5%
Deposits$1.9B22.7%
Population211,11538.7%

View the full Pensacola-Ferry Pass-Brent market profile →

Recruiting in Santa Rosa 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 Santa Rosa County, on a retained basis.

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