County banking markets / AL / 01089
MadisonAlabama
FIPS 01089. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 66 counties in Alabama’s 2025 survey.
Concentration, 1994–2025
Branch-count HHI squares each institution’s share of the county’s branch offices; deposit HHI squares its share of county deposits. The bands are the 2010 Horizontal Merger Guidelines classification, the dashed line the 1,800 level above which the Federal Reserve reviews a merger centrally. In 2025 this market is unconcentrated on branches (515) and unconcentrated on deposits (932).
Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | Federal Reserve, Competitive Effects of Mergers and Acquisitions FAQs Both indices computed from the SOD branch rows for this county, June 30 of each survey year. Neither is the Fed's screen HHI: no thrift weighting, no exclusion of specialty and internet banks, no central-booking adjustment. Methodology
Branches and institutions
75 branch offices and 11 institutions in 1994; 99 and 37 in 2025. Deposits booked in the county went from $2.32B to $10.84B, nominal.
Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. Methodology
Who holds the deposits, 2025
Every institution with a branch in the county, ranked by deposits booked here. Both shares are shown because they are the two indices above: squaring and summing the deposit column gives the deposit HHI, the branch column the branch-count HHI.
| # | Institution | Deposits | Deposit share | Branches | Branch share |
|---|---|---|---|---|---|
| 1 | Regions Bank cert 12368 | $2.43B | 22.38% | 15 | 15.15% |
| 2 | ServisFirst Bank cert 57993 | $1.27B | 11.76% | 2 | 2.02% |
| 3 | Synovus Bank cert 873 | $987.3M | 9.11% | 4 | 4.04% |
| 4 | SouthState Bank, National Association cert 33555 | $702.8M | 6.48% | 2 | 2.02% |
| 5 | Wells Fargo Bank, National Association cert 3511 | $691.7M | 6.38% | 4 | 4.04% |
| 6 | PNC Bank, National Association cert 6384 | $595.5M | 5.49% | 7 | 7.07% |
| 7 | Pinnacle Bank cert 35583 | $451.8M | 4.17% | 1 | 1.01% |
| 8 | Cadence Bank cert 11813 | $437.2M | 4.03% | 5 | 5.05% |
| 9 | Merit Bank cert 15270 | $384.4M | 3.55% | 1 | 1.01% |
| 10 | Bank Independent cert 16604 | $382.1M | 3.52% | 5 | 5.05% |
| 11 | Truist Bank cert 9846 | $336.0M | 3.10% | 5 | 5.05% |
| 12 | United Community Bank cert 16889 | $315.0M | 2.91% | 3 | 3.03% |
| 13 | Bryant Bank cert 57997 | $249.4M | 2.30% | 2 | 2.02% |
| 14 | First Horizon Bank cert 4977 | $241.4M | 2.23% | 3 | 3.03% |
| 15 | Renasant Bank cert 12437 | $159.1M | 1.47% | 3 | 3.03% |
| 16 | North Alabama Bank cert 27560 | $134.3M | 1.24% | 3 | 3.03% |
| 17 | CB&S Bank, Inc. cert 15310 | $108.9M | 1.01% | 4 | 4.04% |
| 18 | Trustmark National Bank cert 4988 | $100.3M | 0.93% | 2 | 2.02% |
| 19 | First National Bank of Pulaski cert 15572 | $94.3M | 0.87% | 2 | 2.02% |
| 20 | FirstBank cert 8663 | $92.0M | 0.85% | 2 | 2.02% |
| 21 | Southern States Bank cert 58558 | $87.7M | 0.81% | 1 | 1.01% |
| 22 | Citizens Bank & Trust cert 57483 | $82.0M | 0.76% | 2 | 2.02% |
| 23 | River Bank & Trust cert 58255 | $78.2M | 0.72% | 1 | 1.01% |
| 24 | Nova Bank cert 59326 | $60.7M | 0.56% | 1 | 1.01% |
| 25 | SmartBank cert 58463 | $57.9M | 0.53% | 1 | 1.01% |
| 26 | Bank of Frankewing cert 1484 | $54.0M | 0.50% | 1 | 1.01% |
| 27 | JPMorgan Chase Bank, National Association cert 628 | $47.8M | 0.44% | 3 | 3.03% |
| 28 | Premier Bank of the South cert 27118 | $44.6M | 0.41% | 2 | 2.02% |
| 29 | First Jackson Bank, Inc. cert 23376 | $39.8M | 0.37% | 1 | 1.01% |
| 30 | EvaBank cert 26799 | $25.9M | 0.24% | 1 | 1.01% |
| 31 | Peoples Independent Bank cert 27233 | $24.8M | 0.23% | 1 | 1.01% |
| 32 | Peoples Bank of Alabama cert 22537 | $22.1M | 0.20% | 1 | 1.01% |
| 33 | Local Bank cert 9614 | $16.6M | 0.15% | 1 | 1.01% |
| 34 | BankPlus cert 5903 | $12.2M | 0.11% | 1 | 1.01% |
| 35 | Woodforest National Bank cert 23220 | $9.9M | 0.09% | 4 | 4.04% |
| 36 | Bank47 cert 32968 | $7.9M | 0.07% | 1 | 1.01% |
| 37 | Tower Community Bank cert 20100 | $3.0M | 0.03% | 1 | 1.01% |
Source: FDIC Summary of Deposits June 30, 2025. Branch rows grouped by FDIC certificate; names as reported to the survey. Deposit share is n/a where the county's total SOD deposits are zero. Methodology
Back to county banking markets, up to Alabama, or read the methodology for the two HHI constructions and what they cannot tell you.