San Angelo, TX, a Metropolitan Statistical Area, holds $3.4 billion in deposits across 16 insured institutions and 30 branches, ranking #222 of 293 U.S. markets by economic output. First Financial Bank is the largest deposit holder at 30.4% share. The top three institutions hold 57.4% of deposits, which places the market in the moderate band. Deposits have grown 11.9% since 2020 while the branch count rose by 11.1%.
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
Branches: 27 in 2020 to 30 in 2025. Institutions: 14 to 16. Top-three share: 58.8% to 57.4%. Deposits per branch: $113M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| First Financial Bank | $1.0B | 30.4% | +20% |
| The First National Bank of Mertzon | $0.5B | 13.8% | -1% |
| Wells Fargo Bank | $0.5B | 13.2% | -1% |
| Texas State Bank | $0.3B | 10.0% | +16% |
| The First National Bank of Sonora | $0.3B | 8.8% | +36% |
| Pinnacle Bank | $0.2B | 5.9% | no 2020 presence |
| The First National Bank of Ballinger | $0.1B | 3.9% | +33% |
| Citizens State Bank | $0.1B | 3.7% | +46% |
| The City National Bank of Colorado City | $0.1B | 2.4% | no 2020 presence |
| First State Bank | $0.1B | 2.3% | +46% |
| The Bank and Trust, S.S.B. | $75M | 2.2% | +27% |
| Sundown State Bank | $37M | 1.1% | +10% |
| Prosperity Bank | $34M | 1.0% | +120% |
| PNC Bank | $22M | 0.7% | +14% |
| First National Bank Texas | $19M | 0.6% | +27% |
| Coleman County State Bank | $4M | 0.1% | no 2020 presence |
The 16 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution’s deposits in 2020 and 2025. 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 2020 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
| County | State | GDP | Population | Share of Market GDP | |
|---|---|---|---|---|---|
| Tom Green County | Texas | $6.9B | 120,602 | 88.1% | 94.4% |
| Irion County | Texas | $932M | 1,463 | 11.9% | 5.6% |
Recruiting in the San Angelo 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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