Market Intelligence

Stone County, MS

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

Stone County, Mississippi, a county in the Gulfport-Biloxi, MS market, holds $284M in deposits across 4 insured institutions and 6 branches. Bank of Wiggins is the largest deposit holder at 67.3% share. The top three institutions hold 94.9% of deposits, which places the county in the concentrated band. Deposits have grown 20.9% since 2020. It produces $426M of output, ranking #1,390 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$426M
#1,390 of 1,523
Total Deposits
$284M
#1,354 of 1,523
Population
19,654
#1,307 of 1,523
GDP per Capita
$21,651
#1,438 of 1,523
Insured Institutions
4
#1,310 of 1,523
Deposits per Branch
$47M
#1,401 of 1,523
Deposits per Capita
$14,466
#1,220 of 1,523
Branches per 100k Pop.
30.5
#466 of 1,523
Median Institution Size
$39M
Median deposits of the institutions operating in the county. #1,468 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
100.0%
of market deposits held by banks with $100M to $50B in assets. #181 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
94.9%
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+20.9% over 5 years
$235M
2020
$278M
2021
$281M
2022
$277M
2023
$275M
2024
$284M
2025

Branches: 6 in 2020 to 6 in 2025. Institutions: 4 to 4. Top-three share: 94.0% to 94.9%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Bank of Wiggins$191M67.3%3+28%
Renasant Bank$61M21.4%1no 2020 presence
The Peoples Bank, Biloxi, Mississippi$18M6.2%1+1%
FNB Picayune Bank$15M5.1%1+4%

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 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 Gulfport-Biloxi market

Stone County is one of 4 counties that make up the Gulfport-Biloxi, MS market, a Metropolitan Statistical Area (ranked #130 of 293 U.S. markets by economic output). It produces 2.0% of the market’s output and holds 3.4% of its deposits.

MeasureStone CountyShare of Gulfport-Biloxi market
2024 GDP$426M2.0%
Deposits$284M3.4%
Population19,6544.6%

View the full Gulfport-Biloxi market profile →

Recruiting in Stone 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 Stone County, on a retained basis.

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