County banking markets / KY / 21151
MadisonKentucky
FIPS 21151. 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 (1,159) and unconcentrated on deposits (1,008).
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
19 branch offices and 6 institutions in 1994; 34 and 16 in 2025. Deposits booked in the county went from $488.4M to $1.92B, 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 | Whitaker Bank cert 32912 | $363.5M | 18.90% | 9 | 26.47% |
| 2 | JPMorgan Chase Bank, National Association cert 628 | $211.3M | 10.99% | 1 | 2.94% |
| 3 | Stock Yards Bank & Trust Company cert 258 | $196.2M | 10.20% | 3 | 8.82% |
| 4 | Cumberland Valley National Bank & Trust Company cert 2691 | $192.8M | 10.03% | 3 | 8.82% |
| 5 | Community Trust Bank, Inc. cert 2720 | $177.1M | 9.21% | 3 | 8.82% |
| 6 | U.S. Bank National Association cert 6548 | $174.5M | 9.07% | 2 | 5.88% |
| 7 | Central Bank & Trust Co. cert 15815 | $138.8M | 7.22% | 2 | 5.88% |
| 8 | PNC Bank, National Association cert 6384 | $114.0M | 5.93% | 1 | 2.94% |
| 9 | Fifth Third Bank, National Association cert 6672 | $108.2M | 5.62% | 1 | 2.94% |
| 10 | 1st Trust Bank, Inc. cert 57869 | $72.9M | 3.79% | 1 | 2.94% |
| 11 | Citizens Guaranty Bank cert 20872 | $68.9M | 3.58% | 3 | 8.82% |
| 12 | First Southern National Bank cert 2700 | $61.9M | 3.22% | 1 | 2.94% |
| 13 | Forcht Bank, National Association cert 57415 | $17.9M | 0.93% | 1 | 2.94% |
| 14 | Citizens Bank cert 262 | $13.6M | 0.71% | 1 | 2.94% |
| 15 | The Monticello Banking Company cert 292 | $9.3M | 0.48% | 1 | 2.94% |
| 16 | Woodforest National Bank cert 23220 | $2.4M | 0.13% | 1 | 2.94% |
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.