Market Intelligence

Henry County, IL

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

Henry County, Illinois, a county in the Davenport-Moline, IA-IL market, holds $1.8B in deposits across 11 insured institutions and 25 branches. Central Bank Illinois is the largest deposit holder at 20.7% share. The top three institutions hold 54.9% of deposits, which places the county in the moderately concentrated band. Deposits have grown 29.1% since 2020. It produces $1.5B of output, ranking #1,031 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.5B
#1,031 of 1,523
Total Deposits
$1.8B
#692 of 1,523
Population
48,095
#940 of 1,523
GDP per Capita
$32,188
#1,150 of 1,523
Insured Institutions
11
#597 of 1,523
Deposits per Branch
$72M
#1,037 of 1,523
Deposits per Capita
$37,649
#209 of 1,523
Branches per 100k Pop.
52.0
#89 of 1,523
Median Institution Size
$138M
Median deposits of the institutions operating in the county. #593 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
95.7%
of market deposits held by banks with $100M to $50B in assets. #241 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
54.9%
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+29.1% over 5 years
$1.4B
2020
$1.6B
2021
$1.7B
2022
$1.7B
2023
$1.8B
2024
$1.8B
2025

Branches: 25 in 2020 to 25 in 2025. Institutions: 11 to 11. Top-three share: 49.9% to 54.9%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Central Bank Illinois$375M20.7%3+94%
BankOrion$370M20.4%4+33%
Farmers National Bank$248M13.7%1+9%
Community State Bank$175M9.7%3+23%
Peoples National Bank of Kewanee$170M9.4%3+21%
Blackhawk Bank & Trust$138M7.6%2+27%
State Bank of Toulon$104M5.8%2+3%
Union Federal Savings and Loan Association$92M5.1%3-4%
Wells Fargo Bank, National Association$78M4.3%1+14%
Farmers State Bank of Western Illinois$55M3.1%2+34%

The 10 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 Davenport-Moline market

Henry County is one of 6 counties that make up the Davenport-Moline, IA-IL market, a Combined Statistical Area (ranked #105 of 293 U.S. markets by economic output). It produces 5.7% of the market’s output and holds 14.0% of its deposits.

MeasureHenry CountyShare of Davenport-Moline market
2024 GDP$1.5B5.7%
Deposits$1.8B14.0%
Population48,09510.3%

View the full Davenport-Moline market profile →

Recruiting in Henry 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 Henry County, on a retained basis.

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