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FinObservatory

County banking markets / TN / 47149

RutherfordTennessee

FIPS 47149. 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.

75
Branch offices
June 30, 2025
25
Institutions
10 in 1994
699
Branch-count HHI
unconcentrated (2010 HMG)
1,366
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 (699) and unconcentrated on deposits (1,366).

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

42 branch offices and 10 institutions in 1994; 75 and 25 in 2025. Deposits booked in the county went from $992.7M to $7.84B, 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
1Pinnacle Bank cert 35583$2.24B28.54%1114.67%
2FirstBank cert 8663$800.6M10.21%68.00%
3Wilson Bank and Trust cert 26962$798.3M10.18%56.67%
4Regions Bank cert 12368$714.5M9.11%810.67%
5Bank of America, National Association cert 3510$698.8M8.91%45.33%
6Truist Bank cert 9846$692.5M8.83%56.67%
7First Horizon Bank cert 4977$671.1M8.56%68.00%
8U.S. Bank National Association cert 6548$248.0M3.16%34.00%
9Fifth Third Bank, National Association cert 6672$235.2M3.00%56.67%
10Volunteer Bank cert 22451$133.8M1.71%22.67%
11JPMorgan Chase Bank, National Association cert 628$128.5M1.64%34.00%
12Southern Bank of Tennessee cert 34847$102.7M1.31%11.33%
13The First National Bank of Middle Tennessee cert 4952$98.4M1.25%22.67%
14SmartBank cert 58463$61.7M0.79%11.33%
15PNC Bank, National Association cert 6384$49.8M0.63%11.33%
16First Vision Bank of Tennessee cert 58201$34.6M0.44%11.33%
17Old National Bank cert 3832$33.7M0.43%11.33%
18CB&S Bank, Inc. cert 15310$29.9M0.38%22.67%
19United Community Bank cert 16889$18.6M0.24%11.33%
20Wells Fargo Bank, National Association cert 3511$17.1M0.22%11.33%
21First Commerce Bank cert 57465$13.3M0.17%11.33%
22Apex Bank cert 9176$9.3M0.12%11.33%
23Republic Bank & Trust Company cert 23627$6.8M0.09%11.33%
24FSNB, National Association cert 16416$4.1M0.05%22.67%
25Tower Community Bank cert 20100$1.9M0.02%11.33%

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.