Market Intelligence

Bingham County, ID

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market Intelligence › Idaho Falls-Rexburg-Blackfoot, ID › Bingham County

Bingham County, Idaho, a core county of the Idaho Falls-Rexburg-Blackfoot, ID market, holds $649M in deposits across 7 insured institutions and 9 branches. The Bank of Commerce is the largest deposit holder at 47.0% share. The top three institutions hold 79.3% of deposits, which places the county in the concentrated band. Deposits have grown 26.8% since 2020 while the branch count fell by 2. It produces $1.7B of output, ranking #995 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.7B
#995 of 1,523
Total Deposits
$649M
#1,115 of 1,523
Population
51,153
#918 of 1,523
GDP per Capita
$33,477
#1,110 of 1,523
Insured Institutions
7
#928 of 1,523
Deposits per Branch
$72M
#1,043 of 1,523
Deposits per Capita
$12,682
#1,318 of 1,523
Branches per 100k Pop.
17.6
#1,152 of 1,523
Median Institution Size
$48M
Median deposits of the institutions operating in the county. #1,419 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
60.6%
of market deposits held by banks with $100M to $50B in assets. #828 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
79.3%
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+26.8% over 5 years
$512M
2020
$623M
2021
$683M
2022
$650M
2023
$677M
2024
$649M
2025

Branches: 11 in 2020 to 9 in 2025. Institutions: 8 to 7. Top-three share: 71.0% to 79.3%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
The Bank of Commerce$305M47.0%2+60%
Zions Bancorporation, N.A.$118M18.2%1+24%
Wells Fargo Bank, National Association$91M14.1%2+18%
D. L. Evans Bank$48M7.5%1+261%
KeyBank National Association$46M7.1%1+16%
Ireland Bank$29M4.4%1+36%
Washington Federal Bank$11M1.7%1-11%

The 7 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 Idaho Falls-Rexburg-Blackfoot market

Bingham County is one of 6 counties that make up the Idaho Falls-Rexburg-Blackfoot, ID market, a Combined Statistical Area (ranked #167 of 293 U.S. markets by economic output). It produces 12.9% of the market’s output and holds 14.2% of its deposits.

MeasureBingham CountyShare of Idaho Falls-Rexburg-Blackfoot market
2024 GDP$1.7B12.9%
Deposits$649M14.2%
Population51,15317.4%

See the Idaho Falls-Rexburg-Blackfoot market in Market Intelligence →

Recruiting in Bingham 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 Bingham County, on a retained basis.

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