County banking markets / MN / 27003
AnokaMinnesota
FIPS 27003. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 87 counties in Minnesota’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 (796) and moderately concentrated on deposits (1,796).
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
39 branch offices and 15 institutions in 1994; 51 and 21 in 2025. Deposits booked in the county went from $1.16B to $6.23B, 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 | Wells Fargo Bank, National Association cert 3511 | $1.97B | 31.58% | 8 | 15.69% |
| 2 | U.S. Bank National Association cert 6548 | $1.42B | 22.83% | 6 | 11.76% |
| 3 | The Huntington National Bank cert 6560 | $822.9M | 13.21% | 6 | 11.76% |
| 4 | Village Bank cert 33761 | $364.4M | 5.85% | 4 | 7.84% |
| 5 | 21st Century Bank cert 9751 | $328.0M | 5.27% | 3 | 5.88% |
| 6 | Old National Bank cert 3832 | $229.6M | 3.69% | 1 | 1.96% |
| 7 | Falcon National Bank cert 57603 | $152.5M | 2.45% | 1 | 1.96% |
| 8 | BMO Bank National Association cert 16571 | $140.7M | 2.26% | 4 | 7.84% |
| 9 | MidWestOne Bank cert 14843 | $129.7M | 2.08% | 2 | 3.92% |
| 10 | Northeast Bank cert 16659 | $113.7M | 1.83% | 1 | 1.96% |
| 11 | Border Bank cert 20776 | $97.6M | 1.57% | 1 | 1.96% |
| 12 | First Bank Elk River cert 5136 | $81.0M | 1.30% | 1 | 1.96% |
| 13 | First Resource Bank cert 58039 | $73.6M | 1.18% | 1 | 1.96% |
| 14 | Farmers & Merchants Savings Bank cert 9298 | $49.9M | 0.80% | 1 | 1.96% |
| 15 | First Bank & Trust cert 3973 | $46.3M | 0.74% | 1 | 1.96% |
| 16 | Premier Bank cert 21714 | $45.1M | 0.72% | 2 | 3.92% |
| 17 | CorTrust Bank National Association cert 6063 | $45.1M | 0.72% | 2 | 3.92% |
| 18 | JPMorgan Chase Bank, National Association cert 628 | $43.5M | 0.70% | 2 | 3.92% |
| 19 | Pine River State Bank cert 10194 | $29.0M | 0.47% | 1 | 1.96% |
| 20 | Bank of America, National Association cert 3510 | $24.8M | 0.40% | 2 | 3.92% |
| 21 | Security Bank & Trust Company cert 15324 | $22.9M | 0.37% | 1 | 1.96% |
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 Minnesota, or read the methodology for the two HHI constructions and what they cannot tell you.