Skip to content
FinObservatory

County banking markets / ND / 38017

CassNorth Dakota

FIPS 38017. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 51 counties in North Dakota’s 2025 survey.

77
Branch offices
June 30, 2025
28
Institutions
19 in 1994
686
Branch-count HHI
unconcentrated (2010 HMG)
1,515
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 (686) and moderately concentrated on deposits (1,515).

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

45 branch offices and 19 institutions in 1994; 77 and 28 in 2025. Deposits booked in the county went from $1.50B to $11.12B, nominal.

Branch officesInstitutions
02040608019942000201020202025

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
1Bell Bank cert 19581$3.71B33.42%911.69%
2First International Bank & Trust cert 10248$1.15B10.32%33.90%
3U.S. Bank National Association cert 6548$983.3M8.85%67.79%
4Gate City Bank cert 27774$935.2M8.41%1316.88%
5Choice Financial Group cert 9423$772.8M6.95%22.60%
6Alerus Financial, National Association cert 3931$532.7M4.79%33.90%
7Wells Fargo Bank, National Association cert 3511$481.8M4.33%45.19%
8Old National Bank cert 3832$439.0M3.95%22.60%
9Western State Bank cert 9123$434.2M3.91%22.60%
10VISIONBank cert 57892$264.2M2.38%33.90%
11Cornerstone Bank cert 13198$228.8M2.06%11.30%
12BankNorth cert 8387$197.8M1.78%45.19%
13Border Bank cert 20776$196.6M1.77%22.60%
14American Federal Bank cert 29140$142.1M1.28%22.60%
15Starion Bank cert 33758$139.8M1.26%33.90%
16First Western Bank & Trust cert 19123$78.1M0.70%33.90%
17BMO Bank National Association cert 16571$61.3M0.55%11.30%
18Bank Forward cert 8941$55.4M0.50%11.30%
19JPMorgan Chase Bank, National Association cert 628$53.4M0.48%33.90%
20Aspire Bank cert 3934$42.2M0.38%11.30%
21Kindred State Bank cert 8946$39.9M0.36%11.30%
22Dakota Heritage Bank cert 16231$38.9M0.35%22.60%
23KodaBank cert 8386$38.6M0.35%11.30%
24First United Bank cert 15472$31.9M0.29%11.30%
25Hometown Community Bank cert 10197$26.4M0.24%11.30%
26First Interstate Bank cert 1105$23.0M0.21%11.30%
27Dacotah Bank cert 17437$10.5M0.09%11.30%
28Merchants Bank cert 8943$4.9M0.04%11.30%

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