County banking markets / MN / 27027
ClayMinnesota
FIPS 27027. 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 (1,247) and moderately concentrated on deposits (2,191).
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
15 branch offices and 10 institutions in 1994; 19 and 11 in 2025. Deposits booked in the county went from $400.8M to $1.57B, 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 | Bell Bank cert 19581 | $651.4M | 41.36% | 3 | 15.79% |
| 2 | Wells Fargo Bank, National Association cert 3511 | $184.0M | 11.69% | 1 | 5.26% |
| 3 | Gate City Bank cert 27774 | $154.7M | 9.82% | 4 | 21.05% |
| 4 | Valley Premier Bank cert 11409 | $133.9M | 8.50% | 2 | 10.53% |
| 5 | Northwestern Bank, National Association cert 9746 | $126.6M | 8.04% | 3 | 15.79% |
| 6 | Midwest Bank cert 9737 | $110.2M | 7.00% | 1 | 5.26% |
| 7 | First International Bank & Trust cert 10248 | $104.6M | 6.64% | 1 | 5.26% |
| 8 | Old National Bank cert 3832 | $52.4M | 3.32% | 1 | 5.26% |
| 9 | American Federal Bank cert 29140 | $30.6M | 1.94% | 1 | 5.26% |
| 10 | Choice Financial Group cert 9423 | $23.0M | 1.46% | 1 | 5.26% |
| 11 | State Bank of Lake Park cert 9351 | $3.5M | 0.22% | 1 | 5.26% |
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.