Graves County, Kentucky, a core county of the Paducah-Mayfield, KY-IL market, holds $923M in deposits across 7 insured institutions and 11 branches. FNB Bank, Inc. is the largest deposit holder at 38.5% share. The top three institutions hold 75.0% of deposits, which places the county in the concentrated band. Deposits have grown 37.7% since 2020 while the branch count fell by 1. It produces $1.4B of output, ranking #1,084 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 12 in 2020 to 11 in 2025. Institutions: 7 to 7. Top-three share: 74.7% to 75.0%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| FNB Bank, Inc. | $356M | 38.5% | +30% |
| First Kentucky Bank, Inc. | $218M | 23.6% | +39% |
| Community Financial Services Bank | $119M | 12.9% | +93% |
| Independence Bank of Kentucky | $80M | 8.6% | +81% |
| Regions Bank | $67M | 7.2% | -4% |
| U.S. Bank National Association | $55M | 5.9% | +11% |
| First Community Bank of the Heartland, Inc. | $29M | 3.1% | +91% |
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 Paducah-Mayfield market
Graves County is one of 6 counties that make up the Paducah-Mayfield, KY-IL market, a Combined Statistical Area (ranked #221 of 293 U.S. markets by economic output). It produces 17.2% of the market’s output and holds 22.5% of its deposits.
| Measure | Graves County | Share of Paducah-Mayfield market |
|---|---|---|
| 2024 GDP | $1.4B | 17.2% |
| Deposits | $923M | 22.5% |
| Population | 37,050 | 26.6% |
View the full Paducah-Mayfield market profile →
Recruiting in Graves 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 Graves County, on a retained basis.
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