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FinObservatory

County banking markets / ND / 38059

MortonNorth Dakota

FIPS 38059. 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.

14
Branch offices
June 30, 2025
10
Institutions
7 in 1994
1,327
Branch-count HHI
unconcentrated (2010 HMG)
2,423
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 (1,327) and moderately concentrated on deposits (2,423).

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

8 branch offices and 7 institutions in 1994; 14 and 10 in 2025. Deposits booked in the county went from $241.1M to $1.22B, nominal.

Branch officesInstitutions
05101519942000201020202025

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
1Starion Bank cert 33758$499.5M40.89%17.14%
2Dakota Community Bank & Trust, National Association cert 15728$282.2M23.10%321.43%
3Security First Bank of North Dakota cert 11519$119.7M9.80%321.43%
4Gate City Bank cert 27774$78.5M6.42%17.14%
5Wells Fargo Bank, National Association cert 3511$74.4M6.09%17.14%
6The Union Bank cert 9420$51.1M4.18%17.14%
7BNC National Bank cert 57197$37.9M3.10%17.14%
8Bravera Bank cert 22559$34.0M2.78%17.14%
9First International Bank & Trust cert 10248$32.1M2.63%17.14%
10Grant County State Bank cert 9417$12.2M1.00%17.14%

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.