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FinObservatory

County banking markets / IL / 17029

ColesIllinois

FIPS 17029. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 102 counties in Illinois’s 2025 survey.

18
Branch offices
June 30, 2025
12
Institutions
12 in 1994
988
Branch-count HHI
unconcentrated (2010 HMG)
3,836
Deposit HHI
see the caveat below
Read the deposit HHI here with care. First Mid Bank & Trust, National Association books 60.2% of this county’s SOD deposits from 3 of 18 branch offices (16.7% of them). The Fed calls this pattern central booking. The deposit HHI here reads 3,836, the branch-count HHI 988. These pages lead with the branch measure, which central booking cannot move.

Concentration, 19942025

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 (988) and highly concentrated on deposits (3,836).

Branch-count HHIDeposit HHI
01,0002,0003,0004,0001,800 (Fed screen)19942000201020202025

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

24 branch offices and 12 institutions in 1994; 18 and 12 in 2025. Deposits booked in the county went from $627.4M to $2.02B, nominal.

Branch officesInstitutions
010203019942000201020202025

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.

#InstitutionDepositsDeposit shareBranchesBranch share
1First Mid Bank & Trust, National Association cert 3705$1.22B60.24%316.67%
2Washington Savings Bank cert 29227$180.2M8.92%211.11%
3First Neighbor Bank, National Association cert 3747$121.6M6.02%211.11%
4Prairie State Bank and Trust cert 27362$112.4M5.57%211.11%
5U.S. Bank National Association cert 6548$92.3M4.57%211.11%
6Peoples Bank & Trust cert 17320$69.0M3.42%15.56%
7First Federal Savings and Loan Association of Central Illinois, S.B. cert 29645$68.3M3.38%15.56%
8First Financial Bank, National Association cert 4382$57.6M2.85%15.56%
9Casey State Bank cert 3614$42.8M2.12%15.56%
10First Farmers Bank & Trust Co. cert 12839$31.8M1.58%15.56%
11Prospect Bank cert 3722$25.4M1.26%15.56%
12Woodforest National Bank cert 23220$1.5M0.08%15.56%

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 Illinois, or read the methodology for the two HHI constructions and what they cannot tell you.