Market Intelligence

St. Francis County, AR

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

St. Francis County, Arkansas, a core county of the Memphis-Clarksdale-Forrest City, TN-MS-AR market, holds $469M in deposits across 4 insured institutions and 11 branches. First National Bank of Eastern Arkansas is the largest deposit holder at 66.3% share. The top three institutions hold 95.4% of deposits, which places the county in the concentrated band. Deposits have grown 15.5% since 2020 while the branch count fell by 1. It produces $714M of output, ranking #1,280 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$714M
#1,280 of 1,523
Total Deposits
$469M
#1,228 of 1,523
Population
21,800
#1,268 of 1,523
GDP per Capita
$32,768
#1,125 of 1,523
Insured Institutions
4
#1,308 of 1,523
Deposits per Branch
$43M
#1,445 of 1,523
Deposits per Capita
$21,508
#796 of 1,523
Branches per 100k Pop.
50.5
#99 of 1,523
Median Institution Size
$68M
Median deposits of the institutions operating in the county. #1,217 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
89.8%
of market deposits held by banks with $100M to $50B in assets. #323 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
95.4%
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+15.5% over 5 years
$406M
2020
$483M
2021
$483M
2022
$502M
2023
$473M
2024
$469M
2025

Branches: 12 in 2020 to 11 in 2025. Institutions: 4 to 4. Top-three share: 93.8% to 95.4%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First National Bank of Eastern Arkansas$311M66.3%7+13%
Armor Bank$88M18.8%2+16%
Regions Bank$48M10.2%1+64%
First Financial Bank$22M4.6%1-14%

The 4 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 Memphis-Clarksdale-Forrest City market

St. Francis County is one of 11 counties that make up the Memphis-Clarksdale-Forrest City, TN-MS-AR market, a Combined Statistical Area (ranked #46 of 293 U.S. markets by economic output). It produces 0.9% of the market’s output and holds 1.1% of its deposits.

MeasureSt. Francis CountyShare of Memphis-Clarksdale-Forrest City market
2024 GDP$714M0.9%
Deposits$469M1.1%
Population21,8001.6%

View the full Memphis-Clarksdale-Forrest City market profile →

Recruiting in St. Francis 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 St. Francis County, on a retained basis.

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