Washington County, Tennessee, a core county of the Johnson City-Kingsport-Bristol, TN-VA market, holds $3.2B in deposits across 18 insured institutions and 36 branches. First Horizon Bank is the largest deposit holder at 26.9% share. The top three banks hold 55% of deposits, which places the county in the Moderate band. Deposits have grown 4.5% since 2021 while the branch count fell by 5.3%. It produced $7.2B of real gross domestic product in 2024, ranking #460 of the 1,523 ranked counties by economic output.
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
Branches: 38 in 2021 to 36 in 2026. Institutions: 17 to 18. Top-three share: 64% to 55%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| First Horizon Bank | $866M | 26.9% | -14% |
| Truist Bank | $453M | 14.1% | -7% |
| Bank of Tennessee | $435M | 13.5% | -7% |
| Centennial Bank | $302M | 9.4% | +159% |
| Regions Bank | $250M | 7.8% | +21% |
| The First Bank and Trust Company | $225M | 7.0% | +36% |
| HomeTrust Bank | $189M | 5.9% | -23% |
| Citizens Bank | $167M | 5.2% | +88% |
| Renasant Bank | $78M | 2.4% | +25% |
| Andrew Johnson Bank | $64M | 2.0% | +33% |
| First Community Bank | $51M | 1.6% | -33% |
| Elizabethton Federal Savings Bank | $40M | 1.2% | -10% |
| Eclipse Bank, Inc. | $32M | 1.0% | no 2021 presence |
| First-Citizens Bank & Trust Company | $31M | 1.0% | +17% |
| TruPoint Bank | $18M | 0.5% | -2% |
| The Bank of Marion | $8M | 0.3% | +79% |
| Commercial Bank | $5M | 0.1% | -29% |
| FSNB | $1M | <0.1% | -49% |
The 18 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 Johnson City-Kingsport-Bristol market
Washington County is one of 9 counties that make up the Johnson City-Kingsport-Bristol, TN-VA market, a Combined Statistical Area (ranked #106 of 293 U.S. markets by economic output). It produces 26.6% of the market’s output and holds 25.7% of its deposits.
| Measure | Washington County | Share of parent market |
|---|---|---|
| 2024 GDP | $7.2B | 26.6% |
| Deposits | $3.2B | 25.7% |
| Population | 141,199 | 23.3% |
View the full Johnson City-Kingsport-Bristol market profile →
Recruiting in Washington 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 Washington County.
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