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FinObservatory

County banking markets / WY / 56033

SheridanWyoming

FIPS 56033. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 23 counties in Wyoming’s 2025 survey.

14
Branch offices
June 30, 2025
11
Institutions
6 in 1994
1,020
Branch-count HHI
unconcentrated (2010 HMG)
2,203
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 (1,020) and moderately concentrated on deposits (2,203).

Branch-count HHIDeposit HHI
01,0002,0003,0004,0001,800 (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

7 branch offices and 6 institutions in 1994; 14 and 11 in 2025. Deposits booked in the county went from $337.0M to $1.36B, 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
1First Federal Bank & Trust cert 29537$505.5M37.17%214.29%
2First Interstate Bank cert 1105$330.0M24.26%214.29%
3First Northern Bank of Wyoming cert 2208$146.3M10.76%17.14%
4Security State Bank cert 12592$90.3M6.64%17.14%
5Wells Fargo Bank, National Association cert 3511$64.1M4.71%17.14%
6U.S. Bank National Association cert 6548$61.1M4.49%17.14%
7Cowboy State Bank cert 8725$45.4M3.34%214.29%
8Glacier Bank cert 30788$37.6M2.76%17.14%
9BMO Bank National Association cert 16571$30.6M2.25%17.14%
10Buffalo Federal Bank cert 29696$26.2M1.93%17.14%
11Little Horn State Bank cert 11821$23.0M1.69%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 Wyoming, or read the methodology for the two HHI constructions and what they cannot tell you.