Davenport-Moline, IA-IL holds $12.9 billion in deposits across 37 insured institutions and 162 branches, ranking #105 of 293 U.S. markets by economic output. Quad City Bank and Trust Company is the largest deposit holder at 17.9% share. The top three institutions hold 37.2% of deposits, which places the market in the fragmented band. Deposits have grown 15% since 2020 while the branch count fell by 9.
Deposit trend
Branches: 171 in 2020 to 162 in 2025. Institutions: 41 to 37. Top-three share: 35.6% to 37.2%. Deposits per branch: $80M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Quad City Bank and Trust Company | 2.3B | 17.9% | +35% |
| Blackhawk Bank & Trust | 1.5B | 11.5% | +43% |
| Wells Fargo Bank | 1.0B | 7.9% | -20% |
| CBI Bank & Trust | 0.8B | 6.3% | +72% |
| U.S. Bank | 0.8B | 6.2% | -18% |
| BankOrion | 0.6B | 4.4% | +31% |
| First Central State Bank | 0.6B | 4.4% | +21% |
| Old National Bank | 0.5B | 3.5% | new since 2020 |
| MidWestOne Bank | 0.4B | 3.1% | +596% |
| TBK BANK | 0.4B | 3.1% | -7% |
The 10 largest of 37 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 |
|---|---|---|---|---|
| Scott County | Iowa | $10,565M | 175,259 | 38.7% |
| Rock Island County | Illinois | $9,878M | 141,869 | 36.2% |
| Muscatine County | Iowa | $2,578M | 41,853 | 9.4% |
| Clinton County | Iowa | $2,284M | 46,002 | 8.4% |
| Henry County | Illinois | $1,548M | 48,095 | 5.7% |
| Mercer County | Illinois | $432M | 15,229 | 1.6% |
Recruiting in Davenport
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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