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FinObservatory

County banking markets / TN / 47093

KnoxTennessee

FIPS 47093. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 95 counties in Tennessee’s 2025 survey.

130
Branch offices
June 30, 2025
31
Institutions
15 in 1994
737
Branch-count HHI
unconcentrated (2010 HMG)
1,121
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 (737) and unconcentrated on deposits (1,121).

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

104 branch offices and 15 institutions in 1994; 130 and 31 in 2025. Deposits booked in the county went from $3.71B to $19.26B, nominal.

Branch officesInstitutions
05010015020019942000201020202025

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
1First Horizon Bank cert 4977$3.65B18.94%1914.62%
2Pinnacle Bank cert 35583$2.85B14.80%53.85%
3Truist Bank cert 9846$2.82B14.66%118.46%
4Regions Bank cert 12368$2.08B10.83%1612.31%
5Home Federal Bank of Tennessee cert 29683$1.81B9.39%1713.08%
6SouthEast Bank cert 57348$1.33B6.90%53.85%
7Mountain Commerce Bank cert 4931$1.14B5.93%21.54%
8FirstBank cert 8663$745.7M3.87%43.08%
9Bank of America, National Association cert 3510$653.0M3.39%32.31%
10SmartBank cert 58463$568.6M2.95%32.31%
11Fifth Third Bank, National Association cert 6672$200.1M1.04%21.54%
12U.S. Bank National Association cert 6548$178.9M0.93%64.62%
13First-Citizens Bank & Trust Company cert 11063$157.7M0.82%21.54%
14Bank of Tennessee cert 21573$113.9M0.59%10.77%
15First Century Bank cert 1700$106.4M0.55%32.31%
16Commercial Bank cert 22354$96.1M0.50%43.08%
17United Community Bank cert 16889$92.7M0.48%10.77%
18Citizens Bank cert 14851$84.6M0.44%21.54%
19First US Bank cert 17077$84.5M0.44%21.54%
20UBank cert 1693$83.4M0.43%10.77%
21Tennessee State Bank cert 20720$68.2M0.35%32.31%
22JPMorgan Chase Bank, National Association cert 628$67.5M0.35%21.54%
23TNBANK cert 34023$61.5M0.32%21.54%
24Citizens National Bank cert 20954$49.1M0.25%10.77%
25First Peoples Bank of Tennessee cert 21874$42.9M0.22%21.54%
26Apex Bank cert 9176$37.8M0.20%32.31%
27Renasant Bank cert 12437$25.8M0.13%10.77%
28Builtwell Bank cert 10307$24.9M0.13%10.77%
29Old National Bank cert 3832$19.5M0.10%10.77%
30Hearthside Bank Corporation cert 31236$7.0M0.04%10.77%
31FSNB, National Association cert 16416$4.8M0.02%43.08%

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