Market Intelligence

Tipton County, TN

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Tipton County, Tennessee, a county in the Memphis-Clarksdale-Forrest City, TN-MS-AR market, holds $975M in deposits across 11 insured institutions and 16 branches. INSOUTH Bank is the largest deposit holder at 17.8% share. The top three banks hold 51% of deposits, which places the county in the Moderate band. Deposits have grown 14.8% since 2021. It produced $1.3B of real gross domestic product in 2024, ranking #1,086 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$1.3B
#1,086 of 1,523
Population
62,287
#829 of 1,523
GDP per Capita
$21,605
#1,442 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$975M
#958 of 1,523
Deposits per Capita
$15,655
#1,174 of 1,523
Deposits per Branch
$61M
#1,267 of 1,523
Competitive structure
Insured Institutions
11
#628 of 1,523
Branches per 100k Pop.
25.7
#672 of 1,523
Median Deposits per Institution
$67M
The median deposits booked by a single institution in the county. #1,260 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
69.2%
of county deposits held by banks with $100M to $100B in assets. #780 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 Banks’ Deposit Share: Moderate
51%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.

Deposit trend

County Deposits (SOD, 2021 to 2026)+14.8% over 5 years
$849M
2021
$890M
2022
$921M
2023
$957M
2024
$1.0B
2025
$975M
2026

Branches: 16 in 2021 to 16 in 2026. Institutions: 11 to 11. Top-three share: 49% to 51%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
INSOUTH Bank$173M17.8%2+38%
Patriot Bank$163M16.7%30%
The Park National Bank$162M16.6%2+41%
Regions Bank$144M14.8%2+12%
The Huntington National Bank$111M11.3%1-14%
Simmons Bank$67M6.9%1-2%
Brighton Bank$46M4.7%1-13%
BankTennessee$40M4.1%1+96%
The Bank of Fayette County$34M3.5%1+170%
Security Bank and Trust Company$34M3.5%1+1%
FSNB$1M0.1%1-31%

The 11 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.

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 2.1% of its deposits.

MeasureTipton CountyShare of parent market
2024 GDP$1.3B1.6%
Deposits$975M2.1%
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.

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