Cape Girardeau-Sikeston, MO-IL holds $5.1 billion in deposits across 20 insured institutions and 61 branches, ranking #249 of 293 U.S. markets by economic output. The Bank of Missouri is the largest deposit holder at 14.6% share. The top three institutions hold 36.5% of deposits, which places the market in the fragmented band. Deposits have grown 32% since 2020 while the branch count fell by 6.
Deposit trend
Branches: 67 in 2020 to 61 in 2025. Institutions: 21 to 20. Top-three share: 37.7% to 36.5%. Deposits per branch: $83M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| The Bank of Missouri | 0.7B | 14.6% | +47% |
| Montgomery Bank | 0.7B | 14.2% | +12% |
| Southern Bank | 0.4B | 7.7% | +45% |
| Wood & Huston Bank | 0.4B | 7.7% | +65% |
| U.S. Bank | 0.3B | 6.3% | +7% |
| First State Community Bank | 0.3B | 6.3% | +13% |
| Alliance Bank | 0.3B | 5.8% | +39% |
| Banterra Bank | 0.3B | 5.3% | +163% |
| First Midwest Bank of Dexter | 0.2B | 4.9% | +66% |
| Regions Bank | 0.2B | 4.7% | +7% |
The 10 largest of 20 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution's deposits in 2020 and 2025; an acquirer absorbs the balances of banks it bought.
Counties in this market
| County | State | GDP | Population | Share of GDP |
|---|---|---|---|---|
| Cape Girardeau County | Missouri | $4,155M | 83,999 | 63.2% |
| Scott County | Missouri | $1,728M | 37,975 | 26.3% |
| Mississippi County | Missouri | $308M | 12,003 | 4.7% |
| Alexander County | Illinois | $202M | 4,570 | 3.1% |
| Bollinger County | Missouri | $177M | 10,646 | 2.7% |
Recruiting in Cape Girardeau
No single institution dominates deposits here, which usually means more competitors of a size where a strong team can move meaningful share. 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, on a retained basis.
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