Market Intelligence

Sarasota County, FL

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

Sarasota County, Florida, a core county of the North Port-Bradenton, FL market, holds $19.0B in deposits across 36 insured institutions and 143 branches. Bank of America, National Association is the largest deposit holder at 14.8% share. The top three institutions hold 38.4% of deposits, which places the county in the fragmented band. Deposits have grown 13.3% since 2020 while the branch count fell by 7.1%. It produces $28.0B of output, ranking #168 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$28.0B
#168 of 1,523
Population
479,958
#156 of 1,523
GDP per Capita
$58,299
#392 of 1,523
Deposit market
Total Deposits
$19.0B
#121 of 1,523
Deposits per Capita
$39,607
#188 of 1,523
Deposits per Branch
$133M
#270 of 1,523
Competitive structure
Insured Institutions
36
#59 of 1,523
Branches per 100k Pop.
29.8
#487 of 1,523
Median Deposits per Institution
$307M
The median deposits booked by a single institution in the county. #154 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
22.7%
of county deposits held by banks with $100M to $50B in assets. #1,341 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
38.4%
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+13.3% over 5 years
$16.8B
2020
$18.7B
2021
$20.9B
2022
$19.5B
2023
$19.0B
2024
$19.0B
2025

Branches: 154 in 2020 to 143 in 2025. Institutions: 35 to 36. Top-three share: 45.7% to 38.4%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
Bank of America$2.8B14.8%14-2%
JPMorgan Chase Bank$2.3B12.2%17+71%
Wells Fargo Bank$2.2B11.4%11-12%
Truist Bank$2.1B11.3%14-7%
Fifth Third Bank$1.1B5.9%12+67%
ServisFirst Bank$900M4.7%2no 2020 presence
Liberty Savings Bank, F.S.B.$755M4.0%4+83%
PNC Bank$721M3.8%6+16%
The Northern Trust Company$582M3.1%1-8%
Valley National Bank$501M2.6%1+243%
Regions Bank$463M2.4%6+8%
Seacoast National Bank$388M2.0%3no 2020 presence
Cadence Bank$365M1.9%2+12%
SouthState Bank$363M1.9%3-29%
BMO Bank$347M1.8%3-41%
Synovus Bank$345M1.8%4-42%
Third Federal Savings and Loan Association of Cleveland$332M1.7%1+8%
First Horizon Bank$330M1.7%4-38%
Gulfside Bank$284M1.5%2+155%
Crews Bank & Trust$284M1.5%4no 2020 presence
Stearns Bank$220M1.2%2+55%
Centennial Bank$219M1.1%3-52%
BayFirst National Bank$194M1.0%4+134%
TrustCo Bank$145M0.8%4+8%
TD Bank$127M0.7%2+820%
BankUnited$118M0.6%1-67%
Busey Bank$91M0.5%1+73%
Bank OZK$79M0.4%1+153%
American Momentum Bank$75M0.4%4+10%
The Bank of Tampa$58M0.3%1+114%
Sunwest Bank$51M0.3%1no 2020 presence
1st Source Bank$38M0.2%1+904%
Hancock Whitney Bank$36M0.2%1-65%
United Community Bank$36M0.2%1no 2020 presence
Ipava State Bank$4M0.0%1no 2020 presence
U.S. Bank$0M0.0%1no 2020 presence

The 36 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 North Port-Bradenton market

Sarasota 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 49.0% of the market’s output and holds 52.9% of its deposits.

MeasureSarasota CountyShare of parent market
2024 GDP$28.0B49.0%
Deposits$19.0B52.9%
Population479,95839.9%

View the full North Port-Bradenton market profile →

Recruiting in Sarasota County

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