County banking markets / MN / 27145
StearnsMinnesota
FIPS 27145. 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 (451) and unconcentrated on deposits (1,331).
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
48 branch offices and 28 institutions in 1994; 48 and 29 in 2025. Deposits booked in the county went from $1.45B to $7.59B, 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 | Stearns Bank National Association cert 10988 | $2.40B | 31.65% | 2 | 4.17% |
| 2 | Old National Bank cert 3832 | $898.6M | 11.83% | 2 | 4.17% |
| 3 | Falcon National Bank cert 57603 | $428.5M | 5.64% | 2 | 4.17% |
| 4 | Wells Fargo Bank, National Association cert 3511 | $424.5M | 5.59% | 2 | 4.17% |
| 5 | U.S. Bank National Association cert 6548 | $406.1M | 5.35% | 3 | 6.25% |
| 6 | Sentry Bank cert 8546 | $299.5M | 3.94% | 4 | 8.33% |
| 7 | BankVista cert 35406 | $274.7M | 3.62% | 1 | 2.08% |
| 8 | American Heritage National Bank cert 8843 | $261.4M | 3.44% | 2 | 4.17% |
| 9 | Deerwood Bank cert 5123 | $236.7M | 3.12% | 2 | 4.17% |
| 10 | Liberty Bank Minnesota cert 26891 | $209.0M | 2.75% | 4 | 8.33% |
| 11 | Granite Bank cert 5116 | $203.4M | 2.68% | 1 | 2.08% |
| 12 | West Bank cert 15614 | $199.5M | 2.63% | 1 | 2.08% |
| 13 | Minnesota National Bank cert 5249 | $165.3M | 2.18% | 1 | 2.08% |
| 14 | Freeport State Bank cert 8210 | $151.9M | 2.00% | 3 | 6.25% |
| 15 | Harvest Bank cert 11415 | $146.4M | 1.93% | 2 | 4.17% |
| 16 | The Huntington National Bank cert 6560 | $131.1M | 1.73% | 1 | 2.08% |
| 17 | Minnwest Bank cert 16958 | $117.7M | 1.55% | 1 | 2.08% |
| 18 | Pine Country Bank cert 13652 | $115.1M | 1.52% | 1 | 2.08% |
| 19 | VersaBank USA National Association cert 10160 | $101.7M | 1.34% | 1 | 2.08% |
| 20 | Kensington Bank cert 1409 | $87.0M | 1.15% | 3 | 6.25% |
| 21 | State Bank of Cold Spring cert 12444 | $75.9M | 1.00% | 1 | 2.08% |
| 22 | Bonanza Valley State Bank cert 10993 | $52.2M | 0.69% | 1 | 2.08% |
| 23 | Perennial Bank cert 1413 | $46.2M | 0.61% | 1 | 2.08% |
| 24 | MidCountry Bank cert 28865 | $45.9M | 0.60% | 1 | 2.08% |
| 25 | American National Bank of Minnesota cert 26499 | $36.4M | 0.48% | 1 | 2.08% |
| 26 | BMO Bank National Association cert 16571 | $28.7M | 0.38% | 1 | 2.08% |
| 27 | St. Martin National Bank cert 18937 | $24.6M | 0.32% | 1 | 2.08% |
| 28 | JPMorgan Chase Bank, National Association cert 628 | $16.6M | 0.22% | 1 | 2.08% |
| 29 | Gate City Bank cert 27774 | $5.6M | 0.07% | 1 | 2.08% |
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.