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Bankular
Local banking directory

Banks and Bank Branches in Bay Springs, Mississippi

The FDIC reported 4 deposit-reporting offices from 3 institutions in Bay Springs as of June 30, 2025. Bankular currently provides 4 detailed location pages with addresses, maps and directions.

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FDIC-reported offices4
Institutions reporting3
Detailed location pages4
Reported branch deposits$222.0M
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionMagnolia State Bank75.24% of deposits
Top three share100.00%
Deposit HHI5,987Higher concentration
Current detailed pages4Matches the June 2025 SOD office count

Magnolia State Bank held 75.24% of reported branch deposits in Bay Springs. The three largest institutions together held 100.00%. Bankular places the resulting HHI of 5,987 in its higher concentration descriptive band.

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Detailed bank locations in Bay Springs

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Magnolia State Bank2$167.0M75.24%
Merchants and Planters Bank1$34.3M15.43%
Cadence Bank1$20.7M9.33%