Market Intelligence

DeKalb County, IN

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

DeKalb County, Indiana, a core county of the Fort Wayne-Huntington-Auburn, IN market, holds $975M in deposits across 11 insured institutions and 15 branches. The Garrett State Bank is the largest deposit holder at 22.9% share. The top three banks hold 58% of deposits, which places the county in the Moderate band. Deposits have grown 21.9% since 2020 while the branch count fell by 16.7%. It produces $2.7B of output, ranking #808 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$2.7B
#808 of 1,523
Population
44,535
#979 of 1,523
GDP per Capita
$61,142
#333 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$975M
#949 of 1,523
Deposits per Capita
$21,890
#769 of 1,523
Deposits per Branch
$65M
#1,161 of 1,523
Competitive structure
Insured Institutions
11
#582 of 1,523
Branches per 100k Pop.
33.7
#362 of 1,523
Median Deposits per Institution
$68M
The median deposits booked by a single institution in the county. #1,227 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
93.8%
of county deposits held by banks with $100M to $100B in assets. #314 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 Banks’ Deposit Share: Moderate
58%
The combined deposit share of the top three banks by deposits 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

County Deposits (SOD, 2020 to 2025)+21.9% over 5 years
$800M
2020
$852M
2021
$915M
2022
$886M
2023
$946M
2024
$975M
2025

Branches: 18 in 2020 to 15 in 2025. Institutions: 12 to 11. Top-three share: 56% to 58%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
The Garrett State Bank$223M22.8%3+37%
Lake City Bank$216M22.2%1+37%
Community State Bank$130M13.3%1+28%
Horizon Bank$94M9.6%2-27%
The Farmers & Merchants State Bank$88M9.0%2+68%
Flagstar Bank$68M6.9%1+59%
PNC Bank$61M6.2%1+8%
The Hicksville Bank$51M5.2%1+121%
The Campbell & Fetter Bank$30M3.1%1-10%
1st Source Bank$12M1.2%1+96%
Woodforest National Bank$3M0.3%1+9%

The 11 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, 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. “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 Fort Wayne-Huntington-Auburn market

DeKalb County is one of 8 counties that make up the Fort Wayne-Huntington-Auburn, IN market, a Combined Statistical Area (ranked #87 of 293 U.S. markets by economic output). It produces 7.6% of the market’s output and holds 6.5% of its deposits.

MeasureDeKalb CountyShare of parent market
2024 GDP$2.7B7.6%
Deposits$975M6.5%
Population44,5356.7%

View the full Fort Wayne-Huntington-Auburn market profile →

Recruiting in DeKalb 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 DeKalb County.

See how we help banks recruit commercial banking talent