Market Intelligence

Indiana County, PA

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

Indiana County, Pennsylvania, a core county of the Pittsburgh-Weirton-Steubenville, PA-OH-WV market, holds $3.2B in deposits across 7 insured institutions and 25 branches. S&T Bank is the largest deposit holder at 45.8% share. The top three institutions hold 83.8% of deposits, which places the county in the concentrated band. Deposits have grown 10.4% since 2020 while the branch count fell by 5. It produces $3.3B of output, ranking #737 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$3.3B
#737 of 1,523
Total Deposits
$3.2B
#468 of 1,523
Population
82,878
#695 of 1,523
GDP per Capita
$39,348
#921 of 1,523
Insured Institutions
7
#964 of 1,523
Deposits per Branch
$130M
#302 of 1,523
Deposits per Capita
$39,093
#193 of 1,523
Branches per 100k Pop.
30.2
#477 of 1,523
Median Institution Size
$226M
Median deposits of the institutions operating in the county. #273 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
94.2%
of market deposits held by banks with $100M to $50B in assets. #258 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
83.8%
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+10.4% over 5 years
$2.9B
2020
$2.7B
2021
$2.8B
2022
$2.9B
2023
$3.3B
2024
$3.2B
2025

Branches: 30 in 2020 to 25 in 2025. Institutions: 9 to 7. Top-three share: 83.1% to 83.8%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
S&T Bank$1.5B45.8%8-6%
First Commonwealth Bank$838M25.9%6+60%
InFirst Bank$391M12.1%4+19%
Marion Center Bank$226M7.0%3+23%
PNC Bank, National Association$189M5.8%2+3%
1st Summit Bank$58M1.8%1+3%
First National Bank of Pennsylvania$52M1.6%1+47%

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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the Pittsburgh-Weirton-Steubenville market

Indiana County is one of 13 counties that make up the Pittsburgh-Weirton-Steubenville, PA-OH-WV market, a Combined Statistical Area (ranked #30 of 293 U.S. markets by economic output). It produces 1.8% of the market’s output and holds 1.5% of its deposits.

MeasureIndiana CountyShare of Pittsburgh-Weirton-Steubenville market
2024 GDP$3.3B1.8%
Deposits$3.2B1.5%
Population82,8783.0%

View the full Pittsburgh-Weirton-Steubenville market profile →

Recruiting in Indiana 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 Indiana County, on a retained basis.

Start a confidential conversation