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FinObservatory

County banking markets / MI / 26081

KentMichigan

FIPS 26081. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 82 counties in Michigan’s 2025 survey.

148
Branch offices
June 30, 2025
24
Institutions
22 in 1994
871
Branch-count HHI
unconcentrated (2010 HMG)
1,144
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 unconcentrated on branches (871) and unconcentrated on deposits (1,144).

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

174 branch offices and 22 institutions in 1994; 148 and 24 in 2025. Deposits booked in the county went from $6.19B to $24.33B, nominal.

Branch officesInstitutions
010020030019942000201020202025

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
1Northpointe Bank cert 34953$4.50B18.48%10.68%
2The Huntington National Bank cert 6560$4.01B16.49%1912.84%
3Fifth Third Bank, National Association cert 6672$3.98B16.36%2516.89%
4JPMorgan Chase Bank, National Association cert 628$2.36B9.72%1912.84%
5Mercantile Bank cert 34598$2.09B8.60%64.05%
6Macatawa Bank, National Association cert 34618$1.54B6.33%117.43%
7Independent Bank cert 27811$862.1M3.54%96.08%
8Bank of America, National Association cert 3510$774.9M3.18%74.73%
9ChoiceOne Bank cert 1014$744.0M3.06%74.73%
10Comerica Bank cert 983$631.7M2.60%74.73%
11PNC Bank, National Association cert 6384$513.5M2.11%96.08%
12Grand River Bank cert 58789$431.0M1.77%21.35%
13United Bank of Michigan cert 11807$392.8M1.61%64.05%
14Old National Bank cert 3832$361.5M1.49%32.03%
15Flagstar Bank, National Association cert 32541$319.5M1.31%53.38%
16First National Bank of America cert 17438$225.4M0.93%10.68%
17West Michigan Community Bank cert 22308$150.0M0.62%21.35%
18First National Bank of Michigan cert 58259$127.0M0.52%10.68%
19Horizon Bank cert 4360$94.4M0.39%10.68%
20First Merchants Bank cert 4365$65.7M0.27%10.68%
21First Community Bank cert 13179$47.2M0.19%10.68%
22The Northern Trust Company cert 913$44.5M0.18%10.68%
23Union Bank cert 14722$35.9M0.15%32.03%
24Highpoint Community Bank cert 11407$24.7M0.10%10.68%

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