Wakulla County, Florida, a county in the Tallahassee-Bainbridge, FL-GA market, holds $418M in deposits across 4 insured institutions and 4 branches. Prime Meridian Bank is the largest deposit holder at 33.8% share. The top three institutions hold 85.3% of deposits, which places the county in the concentrated band. Deposits have fallen 24.3% since 2020. It produces $910M of output, ranking #1,218 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 4 in 2020 to 4 in 2025. Institutions: 4 to 4. Top-three share: 91.7% to 85.3%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Prime Meridian Bank | $141M | 33.8% | +96% |
| Centennial Bank | $133M | 31.8% | -64% |
| Ameris Bank | $82M | 19.7% | +23% |
| Capital City Bank | $62M | 14.7% | +35% |
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 Tallahassee-Bainbridge market
Wakulla County is one of 5 counties that make up the Tallahassee-Bainbridge, FL-GA market, a Combined Statistical Area (ranked #124 of 293 U.S. markets by economic output). It produces 4.1% of the market’s output and holds 4.4% of its deposits.
| Measure | Wakulla County | Share of Tallahassee-Bainbridge market |
|---|---|---|
| 2024 GDP | $910M | 4.1% |
| Deposits | $418M | 4.4% |
| Population | 38,089 | 8.9% |
View the full Tallahassee-Bainbridge market profile →
Recruiting in Wakulla 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 Wakulla County, on a retained basis.
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