County banking markets / TN / 47141
PutnamTennessee
FIPS 47141. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 95 counties in Tennessee’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 (905) and unconcentrated on deposits (1,021).
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
23 branch offices and 7 institutions in 1994; 31 and 15 in 2025. Deposits booked in the county went from $649.6M to $3.27B, 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 | One Bank of Tennessee cert 8432 | $562.5M | 17.21% | 6 | 19.35% |
| 2 | Regions Bank cert 12368 | $390.0M | 11.93% | 3 | 9.68% |
| 3 | First Horizon Bank cert 4977 | $379.7M | 11.62% | 2 | 6.45% |
| 4 | SouthEast Bank cert 57348 | $377.1M | 11.54% | 2 | 6.45% |
| 5 | First National Bank of Tennessee cert 19502 | $340.9M | 10.43% | 2 | 6.45% |
| 6 | Wilson Bank and Trust cert 26962 | $339.3M | 10.38% | 2 | 6.45% |
| 7 | Citizens Bank of Lafayette cert 1711 | $166.9M | 5.11% | 2 | 6.45% |
| 8 | Putnam 1st Mercantile Bank cert 58079 | $137.4M | 4.20% | 3 | 9.68% |
| 9 | First Freedom Bank cert 58208 | $136.6M | 4.18% | 2 | 6.45% |
| 10 | U.S. Bank National Association cert 6548 | $110.1M | 3.37% | 1 | 3.23% |
| 11 | FirstBank cert 8663 | $107.2M | 3.28% | 1 | 3.23% |
| 12 | SmartBank cert 58463 | $77.0M | 2.36% | 1 | 3.23% |
| 13 | Citizens Bank cert 893 | $73.3M | 2.24% | 1 | 3.23% |
| 14 | Builtwell Bank cert 10307 | $68.2M | 2.09% | 2 | 6.45% |
| 15 | FSNB, National Association cert 16416 | $2.6M | 0.08% | 1 | 3.23% |
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.