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FinObservatory

County banking markets / SD / 46083

LincolnSouth Dakota

FIPS 46083. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 64 counties in South Dakota’s 2025 survey.

37
Branch offices
June 30, 2025
26
Institutions
6 in 1994
489
Branch-count HHI
unconcentrated (2010 HMG)
9,650
Deposit HHI
see the caveat below
Read the deposit HHI here with care. Citibank, National Association books 98.2% of this county’s SOD deposits from 2 of 37 branch offices (5.4% of them). The Fed calls this pattern central booking. The deposit HHI here reads 9,650, the branch-count HHI 489. These pages lead with the branch measure, which central booking cannot move.

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 (489) and highly concentrated on deposits (9,650).

Branch-count HHIDeposit HHI
02,5005,0007,50010,0001,800 (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

10 branch offices and 6 institutions in 1994; 37 and 26 in 2025. Deposits booked in the county went from $119.2M to $531.69B, nominal.

Branch officesInstitutions
01020304019942000201020202025

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
1Citibank, National Association cert 7213$522.25B98.23%25.41%
2Pathward, National Association cert 30776$6.01B1.13%12.70%
3Sunrise Banks, National Association cert 18561$1.54B0.29%25.41%
4Wells Fargo Bank, National Association cert 3511$237.7M0.04%25.41%
5The First National Bank in Sioux Falls cert 4016$227.0M0.04%410.81%
6Central Bank cert 15555$160.6M0.03%25.41%
7American Bank & Trust cert 1117$132.9M0.03%38.11%
8First Dakota National Bank cert 4028$114.5M0.02%12.70%
9First Bank & Trust cert 3973$114.4M0.02%12.70%
10Reliabank Dakota cert 16221$99.0M0.02%25.41%
11Minnwest Bank cert 16958$98.2M0.02%12.70%
12First Interstate Bank cert 1105$92.7M0.02%25.41%
13U.S. Bank National Association cert 6548$80.2M0.02%12.70%
14First PREMIER Bank cert 6085$70.7M0.01%12.70%
15Farmers State Bank of Canton cert 11133$65.9M0.01%12.70%
16Security National Bank of South Dakota cert 34394$65.4M0.01%12.70%
17Security Savings Bank cert 15734$61.8M0.01%12.70%
18American State Bank cert 228$55.6M0.01%12.70%
19Quoin Financial Bank cert 15629$54.6M0.01%12.70%
20Cornerstone Bank cert 13198$40.0M0.01%12.70%
21Premier Bank cert 34384$27.1M0.01%12.70%
22Dacotah Bank cert 17437$26.9M0.01%12.70%
23First Savings Bank cert 32629$23.4M0.00%12.70%
24JPMorgan Chase Bank, National Association cert 628$15.2M0.00%12.70%
25Security Bank Midwest cert 485$13.8M0.00%12.70%
26CorTrust Bank National Association cert 6063$9.2M0.00%12.70%

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