Sevier County, Tennessee, a core county of the Knoxville-Morristown-Sevierville, TN market, holds $4.1B in deposits across 7 insured institutions and 44 branches. Citizens National Bank is the largest deposit holder at 35.3% share. The top three institutions hold 82.0% of deposits, which places the county in the concentrated band. Deposits have grown 31.3% since 2020 while the branch count fell by 10. It produces $5.8B of output, ranking #541 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 54 in 2020 to 44 in 2025. Institutions: 9 to 7. Top-three share: 69.7% to 82.0%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Citizens National Bank | $1.4B | 35.3% | +50% |
| SmartBank | $1.2B | 29.2% | +80% |
| Tennessee State Bank | $714M | 17.5% | +31% |
| First Horizon Bank | $276M | 6.8% | +60% |
| Truist Bank | $196M | 4.8% | -17% |
| Home Federal Bank of Tennessee | $175M | 4.3% | +20% |
| U.S. Bank National Association | $89M | 2.2% | +176% |
The 7 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 Knoxville-Morristown-Sevierville market
Sevier County is one of 13 counties that make up the Knoxville-Morristown-Sevierville, TN market, a Combined Statistical Area (ranked #59 of 293 U.S. markets by economic output). It produces 8.6% of the market’s output and holds 12.1% of its deposits.
| Measure | Sevier County | Share of Knoxville-Morristown-Sevierville market |
|---|---|---|
| 2024 GDP | $5.8B | 8.6% |
| Deposits | $4.1B | 12.1% |
| Population | 101,342 | 8.2% |
View the full Knoxville-Morristown-Sevierville market profile →
Recruiting in Sevier 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 Sevier County, on a retained basis.
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