Market Intelligence

Anderson County, KY

Banking market profile · FDIC Summary of Deposits, June 30, 2025

Anderson County, Kentucky, a county in the Lexington-Fayette--Richmond--Frankfort, KY market, holds $371M in deposits across 4 insured institutions and 6 branches. Century Bank of Kentucky, Inc. is the largest deposit holder at 47.7% share. The top three institutions hold 90.9% of deposits, which places the county in the concentrated band. Deposits have grown 27.0% since 2020. It produces $638M of output, ranking #1,306 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$638M
#1,306 of 1,523
Total Deposits
$371M
#1,289 of 1,523
Population
25,225
#1,227 of 1,523
GDP per Capita
$25,286
#1,368 of 1,523
Insured Institutions
4
#1,236 of 1,523
Deposits per Branch
$62M
#1,218 of 1,523
Deposits per Capita
$14,696
#1,209 of 1,523
Branches per 100k Pop.
23.8
#789 of 1,523
Median Institution Size
$80M
Median deposits of the institutions operating in the county. #1,081 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
100.0%
of market deposits held by banks with $100M to $50B in assets. #3 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Deposit Share: concentrated
90.9%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+27.0% over 5 years
$292M
2020
$325M
2021
$344M
2022
$352M
2023
$362M
2024
$371M
2025

Branches: 6 in 2020 to 6 in 2025. Institutions: 4 to 4. Top-three share: 89.7% to 90.9%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Century Bank of Kentucky, Inc.$177M47.7%2+46%
WesBanco Bank, Inc.$104M28.0%2-1%
First Financial Bank$56M15.2%1+58%
Town & Country Bank and Trust Company$34M9.1%1+12%

The 4 insured institutions with a branch presence in this county, as of June 30, 2025. Five-year change compares the same institution’s county deposits in 2020 and 2025. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. Even so, a large gain can reflect acquisition rather than competitive growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the Lexington-Fayette--Richmond--Frankfort market

Anderson County is one of 14 counties that make up the Lexington-Fayette--Richmond--Frankfort, KY market, a Combined Statistical Area (ranked #81 of 293 U.S. markets by economic output). It produces 1.5% of the market’s output and holds 1.8% of its deposits.

MeasureAnderson CountyShare of Lexington-Fayette--Richmond--Frankfort market
2024 GDP$638M1.5%
Deposits$371M1.8%
Population25,2253.2%

View the full Lexington-Fayette--Richmond--Frankfort market profile →

Recruiting in Anderson County

Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Anderson County, on a retained basis.

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