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FinObservatory

County banking markets / KY / 21093

HardinKentucky

FIPS 21093. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 120 counties in Kentucky’s 2025 survey.

30
Branch offices
June 30, 2025
13
Institutions
11 in 1994
1,533
Branch-count HHI
moderately concentrated (2010 HMG)
1,458
Deposit HHI
see the caveat below

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 moderately concentrated on branches (1,533) and unconcentrated on deposits (1,458).

Branch-count HHIDeposit HHI
01,0002,0003,0001,800 (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

34 branch offices and 11 institutions in 1994; 30 and 13 in 2025. Deposits booked in the county went from $720.1M to $2.64B, nominal.

Branch officesInstitutions
020406019942000201020202025

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
1The Cecilian Bank cert 8774$599.0M22.65%930.00%
2WesBanco Bank, Inc. cert 803$502.7M19.01%413.33%
3West Point Bank cert 12166$448.2M16.95%516.67%
4South Central Bank, Inc. cert 5854$253.8M9.60%26.67%
5JPMorgan Chase Bank, National Association cert 628$230.5M8.72%13.33%
6Magnolia Bank, Incorporated cert 8120$228.8M8.65%13.33%
7PNC Bank, National Association cert 6384$150.0M5.67%13.33%
8Armed Forces Bank, National Association cert 4666$79.4M3.00%13.33%
9Wilson & Muir Bank & Trust Company cert 17040$74.4M2.81%26.67%
10Peoples Bank cert 6544$37.7M1.42%13.33%
11German American Bank cert 17393$32.1M1.21%13.33%
12Community Trust Bank, Inc. cert 2720$5.5M0.21%13.33%
13Woodforest National Bank cert 23220$2.1M0.08%13.33%

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.