Market Intelligence

Clark County, KY

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

Clark County, Kentucky, a county in the Lexington-Fayette--Richmond--Frankfort, KY market, holds $916M in deposits across 9 insured institutions and 14 branches. Peoples Exchange Bank is the largest deposit holder at 24.3% share. The top three institutions hold 55.3% of deposits, which places the county in the moderately concentrated band. Deposits have grown 18.5% since 2020 while the branch count fell by 2. It produces $1.6B of output, ranking #1,019 of the 1,523 counties within a CSA or MSA by economic output.

Economic scale
2024 Real GDP
$1.6B
#1,019 of 1,523
Population
37,888
#1,060 of 1,523
GDP per Capita
$42,094
#837 of 1,523
Deposit market
Total Deposits
$916M
#980 of 1,523
Deposits per Capita
$24,187
#652 of 1,523
Deposits per Branch
$65M
#1,157 of 1,523
Competitive structure
Insured Institutions
9
#748 of 1,523
Branches per 100k Pop.
37.0
#286 of 1,523
Median Deposits per Institution
$123M
The median deposits booked by a single institution in the county. #707 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
93.3%
of county deposits held by banks with $100M to $50B in assets. #274 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: moderately concentrated
55.3%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.

Deposit trend

Total county deposits (nominal), 2020 to 2025+18.5% over 5 years
$773M
2020
$819M
2021
$852M
2022
$836M
2023
$833M
2024
$916M
2025

Branches: 16 in 2020 to 14 in 2025. Institutions: 10 to 9. Top-three share: 45.8% to 55.3%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Peoples Exchange Bank$222M24.3%2+93%
Community Trust Bank, Inc.$151M16.5%2+38%
Traditional Bank, Inc.$133M14.5%2+9%
Stock Yards Bank & Trust Company$130M14.2%2no 2020 presence
Central Bank & Trust Co.$123M13.4%2+5%
Burke & Herbert Bank & Trust Company$77M8.4%1no 2020 presence
Truist Bank$62M6.8%1-19%
Citizens Bank of Kentucky, Inc.$15M1.6%1-27%
Woodforest National Bank$3M0.3%1+66%

The 9 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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.

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

Clark 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 3.7% of the market’s output and holds 4.3% of its deposits.

MeasureClark CountyShare of parent market
2024 GDP$1.6B3.7%
Deposits$916M4.3%
Population37,8884.8%

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

Recruiting in Clark County

Deposits are split among a moderate 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 Clark County, on a retained basis.

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