St. Johns County, Florida, a core county of the Jacksonville-Kingsland-Palatka, FL-GA market, holds $7.6B in deposits across 18 insured institutions and 58 branches. Bank of America, National Association is the largest deposit holder at 24.1% share. The top three institutions hold 50.4% of deposits, which places the county in the moderately concentrated band. Deposits have grown 36.6% since 2020. It produces $14.4B of output, ranking #278 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 58 in 2020 to 58 in 2025. Institutions: 17 to 18. Top-three share: 59.1% to 50.4%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Bank of America, National Association | $1.8B | 24.1% | +8% |
| Wells Fargo Bank, National Association | $1.2B | 15.8% | +18% |
| JPMorgan Chase Bank, National Association | $801M | 10.5% | +142% |
| Ameris Bank | $716M | 9.4% | +25% |
| Truist Bank | $557M | 7.3% | +2% |
| Fifth Third Bank, National Association | $500M | 6.5% | +1,021% |
| SouthState Bank, National Association | $411M | 5.4% | +4% |
| Regions Bank | $333M | 4.4% | +132% |
| PNC Bank, National Association | $228M | 3.0% | -20% |
| Barwick Banking Company | $210M | 2.8% | no 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 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 Jacksonville-Kingsland-Palatka market
St. Johns County is one of 7 counties that make up the Jacksonville-Kingsland-Palatka, FL-GA market, a Combined Statistical Area (ranked #38 of 293 U.S. markets by economic output). It produces 12.6% of the market’s output and holds 6.4% of its deposits.
| Measure | St. Johns County | Share of Jacksonville-Kingsland-Palatka market |
|---|---|---|
| 2024 GDP | $14.4B | 12.6% |
| Deposits | $7.6B | 6.4% |
| Population | 346,328 | 18.0% |
View the full Jacksonville-Kingsland-Palatka market profile →
Recruiting in St. Johns 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 St. Johns County, on a retained basis.
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