Market Intelligence

Asheville-Waynesville-Brevard, NC

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026
Market Intelligence › Asheville-Waynesville-Brevard, NC

Asheville-Waynesville-Brevard, NC, a Combined Statistical Area, holds $12.1 billion in deposits across 24 insured institutions and 103 branches, and ranks #110 of 293 U.S. markets by economic output. First-Citizens Bank & Trust Company is the largest deposit holder at 24.9% share. The top three banks hold 53% of deposits, which places the market in the Moderate band.

Economic scale
2024 Real GDP
$25.7B
#110 of 293
Population
520K
#104 of 293
GDP per Capita
$49,476
#186 of 293
Deposit market
Deposits (SOD, 6/30/26)
$12.1B
#114 of 293
Deposits per Capita
$23,184
#201 of 293
Deposits per Branch
$117M
#117 of 293
Competitive structure
Insured Institutions
24
#115 of 293
Branches per 100k Pop.
19.8
#198 of 293
Median Deposits per Institution
$124M
The median deposits booked by a single institution in the market. #247 of 293. 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
28.9%
of market deposits held by banks with $100M to $100B in assets. #263 of 293. 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
53%
The combined deposit share of the top three banks by deposits in the market. A lower share means deposits are spread across more institutions.

Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.

Deposit trend

Market Deposits (SOD, 2021 to 2026) +4.9% over 5 years
$11.5B
2021
$12.3B
2022
$11.9B
2023
$11.8B
2024
$12.4B
2025
$12.1B
2026

Branches: 112 in 2021 to 103 in 2026. Institutions: 19 to 24. Top-three share: 56% to 53%. Average deposits per branch: $117M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
deposits
First-Citizens Bank & Trust Company$3.0B24.9%22+14%
Wells Fargo Bank$2.0B16.9%11-6%
HomeTrust Bank$1.3B10.9%7+43%
Truist Bank$1.3B10.9%8-20%
First Bank$1.1B9.0%12+8%
Bank of America$997M8.3%50%
TD Bank$500M4.2%4-37%
United Community Bank$482M4.0%5+25%
PNC Bank$306M2.5%4-15%
Fifth Third Bank$289M2.4%4+133%
First Horizon Bank$231M1.9%3+5%
The Park National Bank$147M1.2%2+16%
First National Bank of Pennsylvania$101M0.8%1+1,112%
Pinnacle Bank$75M0.6%1+68%
ServisFirst Bank$63M0.5%1no 2021 presence
Black Mountain Savings Bank, SSB$38M0.3%1+4%
Bank OZK$19M0.2%1no 2021 presence
TruPoint Bank$16M0.1%1-37%
Woodforest National Bank$15M0.1%5+9%
JPMorgan Chase Bank$12M0.1%1no 2021 presence
Movement Bank$9M0.1%1no 2021 presence
The Fidelity Bank$2M<0.1%1no 2021 presence
Old National Bank$0M0.0%1no 2021 presence
AMG National Trust Bank$0M0.0%1no 2021 presence

The 24 insured institutions with a branch presence in this market, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s 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 market that year. Deposit figures are nominal and are not adjusted for inflation.

Counties in this market

CountyStateGDP PopulationShare of Market GDP Share of Market Deposits
Buncombe CountyNorth Carolina$16.4B277,41763.7%62.2%
Henderson CountyNorth Carolina$5.0B122,37519.2%21.4%
Haywood CountyNorth Carolina$2.0B63,3697.8%7.7%
Transylvania CountyNorth Carolina$1.9B34,2117.3%7.3%
Madison CountyNorth Carolina$480M22,5531.9%1.5%

Recruiting in the Asheville-Waynesville-Brevard market

Deposits are moderately concentrated here, held by a mix of institutions rather than dominated by one. 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 this one.

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