County banking markets / KY / 21073
FranklinKentucky
FIPS 21073. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 120 counties in Kentucky’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 (1,020) and moderately concentrated on deposits (1,675).
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
16 branch offices and 6 institutions in 1994; 21 and 12 in 2025. Deposits booked in the county went from $548.8M to $1.11B, 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 | WesBanco Bank, Inc. cert 803 | $348.0M | 31.37% | 3 | 14.29% |
| 2 | Traditional Bank, Inc. cert 2711 | $190.7M | 17.19% | 2 | 9.52% |
| 3 | Independence Bank of Kentucky cert 8136 | $124.3M | 11.20% | 2 | 9.52% |
| 4 | First Federal Savings Bank of Kentucky cert 29937 | $90.8M | 8.19% | 3 | 14.29% |
| 5 | Fifth Third Bank, National Association cert 6672 | $89.9M | 8.11% | 1 | 4.76% |
| 6 | Whitaker Bank cert 32912 | $84.7M | 7.64% | 3 | 14.29% |
| 7 | Independent Correspondent Bankers' Bank, Inc. cert 27219 | $65.5M | 5.91% | 1 | 4.76% |
| 8 | Community Trust Bank, Inc. cert 2720 | $65.1M | 5.87% | 2 | 9.52% |
| 9 | PNC Bank, National Association cert 6384 | $30.0M | 2.70% | 1 | 4.76% |
| 10 | City National Bank of West Virginia cert 17735 | $17.3M | 1.56% | 1 | 4.76% |
| 11 | Woodforest National Bank cert 23220 | $2.9M | 0.26% | 1 | 4.76% |
| 12 | Peoples Bank cert 6544 | $0K | 0.00% | 1 | 4.76% |
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 Kentucky, or read the methodology for the two HHI constructions and what they cannot tell you.