Market Intelligence

Augusta-Richmond County, GA-SC

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026
Market Intelligence › Augusta-Richmond County, GA-SC

Augusta-Richmond County, GA-SC, a Metropolitan Statistical Area, holds $12.9 billion in deposits across 25 insured institutions and 113 branches, and ranks #98 of 293 U.S. markets by economic output. Wells Fargo Bank is the largest deposit holder at 24.6% share. The top three banks hold 46% of deposits, which places the market in the Moderate band. Deposits have grown 13.7% since 2021 while the branch count fell by 0.9%.

Economic scale
2024 Real GDP
$30.1B
#98 of 293
Population
641K
#91 of 293
GDP per Capita
$46,998
#213 of 293
Deposit market
Deposits (SOD, 6/30/26)
$12.9B
#110 of 293
Deposits per Capita
$20,173
#235 of 293
Deposits per Branch
$114M
#128 of 293
Competitive structure
Insured Institutions
25
#107 of 293
Branches per 100k Pop.
17.6
#234 of 293
Median Deposits per Institution
$174M
The median deposits booked by a single institution in the market. #188 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
39.5%
of market deposits held by banks with $100M to $100B in assets. #226 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
46%
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) +13.7% over 5 years
$11.4B
2021
$12.4B
2022
$11.6B
2023
$11.5B
2024
$12.5B
2025
$12.9B
2026

Branches: 114 in 2021 to 113 in 2026. Institutions: 21 to 25. Top-three share: 47% to 46%. Average deposits per branch: $114M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
deposits
Wells Fargo Bank$3.2B24.6%10+30%
SouthState Bank$1.4B11.0%9-11%
Queensborough National Bank & Trust Company$1.3B10.3%10+28%
Bank of America$1.2B9.5%6-7%
Security Federal Bank$1.1B8.8%13+30%
Regions Bank$903M7.0%11+9%
First-Citizens Bank & Trust Company$831M6.4%9+10%
Truist Bank$617M4.8%6+5%
The Huntington National Bank$398M3.1%5-15%
Pinnacle Bank$319M2.5%20%
Fifth Third Bank$234M1.8%2-14%
The First National Bank of Waynesboro$183M1.4%2+19%
First Community Bank$174M1.3%3-3%
Ameris Bank$159M1.2%1+606%
First State Bank$142M1.1%2+186%
Farmers State Bank$123M1.0%2+9%
Southern Bank$112M0.9%4+13%
Coastal Carolina National Bank$104M0.8%1+49%
F&M Bank$102M0.8%2+58%
TD Bank$84M0.6%1-6%
Vallant Bank$61M0.5%4no 2021 presence
Colony Bank$36M0.3%1no 2021 presence
JPMorgan Chase Bank$34M0.3%4no 2021 presence
South Georgia Bank$7M0.1%1no 2021 presence
Woodforest National Bank$7M0.1%2-7%

The 25 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
Richmond CountyGeorgia$13.2B206,55943.8%35.2%
Aiken CountySouth Carolina$7.6B181,51525.4%28.7%
Columbia CountyGeorgia$4.8B169,18915.8%27.2%
Burke CountyGeorgia$3.0B24,40810.0%3.1%
Edgefield CountySouth Carolina$679M29,8082.3%1.3%
McDuffie CountyGeorgia$675M21,6402.2%3.5%
Lincoln CountyGeorgia$138M8,1120.5%1.1%

Recruiting in the Augusta-Richmond County 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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