Market Intelligence

Tipton County, TN

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

Tipton County, Tennessee, a county in the Memphis-Clarksdale-Forrest City, TN-MS-AR market, holds $1.0B in deposits across 11 insured institutions and 16 branches. INSOUTH Bank is the largest deposit holder at 17.3% share. The top three institutions hold 50.8% of deposits, which places the county in the moderately concentrated band. Deposits have grown 42.1% since 2020. It produces $1.3B of output, ranking #1,086 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.3B
#1,086 of 1,523
Total Deposits
$1.0B
#937 of 1,523
Population
62,287
#829 of 1,523
GDP per Capita
$21,605
#1,442 of 1,523
Insured Institutions
11
#634 of 1,523
Deposits per Branch
$63M
#1,195 of 1,523
Deposits per Capita
$16,153
#1,127 of 1,523
Branches per 100k Pop.
25.7
#680 of 1,523
Median Institution Size
$84M
Median deposits of the institutions operating in the county. #1,046 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
65.9%
of market deposits held by banks with $100M to $50B in assets. #748 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: moderately concentrated
50.8%
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+42.1% over 5 years
$708M
2020
$849M
2021
$890M
2022
$921M
2023
$957M
2024
$1.0B
2025

Branches: 16 in 2020 to 16 in 2025. Institutions: 11 to 11. Top-three share: 51.3% to 50.8%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
INSOUTH Bank$174M17.3%2+55%
First Citizens National Bank$174M17.3%2+58%
Patriot Bank$164M16.3%3+25%
Cadence Bank$150M14.9%1+25%
Regions Bank$141M14.1%2+36%
Simmons Bank$84M8.3%1+120%
Brighton Bank$51M5.1%1+36%
Security Bank and Trust Company$37M3.6%1no 2020 presence
BankTennessee$30M3.0%1+85%
The Bank of Fayette County$1M0.1%1-87%

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 Memphis-Clarksdale-Forrest City market

Tipton 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 1.6% of the market’s output and holds 2.3% of its deposits.

MeasureTipton CountyShare of Memphis-Clarksdale-Forrest City market
2024 GDP$1.3B1.6%
Deposits$1.0B2.3%
Population62,2874.5%

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

Recruiting in Tipton 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 Tipton County, on a retained basis.

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