Market Intelligence

Jasper County, IA

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

Jasper County, Iowa, a county in the Des Moines-West Des Moines-Ames, IA market, holds $868M in deposits across 9 insured institutions and 13 branches. Bank Iowa is the largest deposit holder at 18.8% share. The top three institutions hold 45.0% of deposits, which places the county in the fragmented band. Deposits have grown 18.1% since 2020. It produces $1.1B of output, ranking #1,159 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.1B
#1,159 of 1,523
Total Deposits
$868M
#1,001 of 1,523
Population
38,153
#1,051 of 1,523
GDP per Capita
$29,823
#1,243 of 1,523
Insured Institutions
9
#776 of 1,523
Deposits per Branch
$67M
#1,137 of 1,523
Deposits per Capita
$22,755
#730 of 1,523
Branches per 100k Pop.
34.1
#353 of 1,523
Median Institution Size
$102M
Median deposits of the institutions operating in the county. #879 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
88.0%
of market deposits held by banks with $100M to $50B in assets. #359 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: fragmented
45.0%
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+18.1% over 5 years
$735M
2020
$859M
2021
$874M
2022
$904M
2023
$861M
2024
$868M
2025

Branches: 13 in 2020 to 13 in 2025. Institutions: 9 to 9. Top-three share: 49.0% to 45.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Bank Iowa$163M18.8%2+44%
First State Bank$115M13.3%2+16%
First Interstate Bank$112M12.9%3-9%
U.S. Bank National Association$104M12.0%1-16%
Great Southern Bank$102M11.8%1+23%
FNNB Bank$87M10.0%1+7%
State Savings Bank$85M9.7%1+63%
Leighton State Bank$57M6.5%1+63%
TruBank$43M5.0%1+82%

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 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 Des Moines-West Des Moines-Ames market

Jasper County is one of 10 counties that make up the Des Moines-West Des Moines-Ames, IA market, a Combined Statistical Area (ranked #53 of 293 U.S. markets by economic output). It produces 1.6% of the market’s output and holds 2.1% of its deposits.

MeasureJasper CountyShare of Des Moines-West Des Moines-Ames market
2024 GDP$1.1B1.6%
Deposits$868M2.1%
Population38,1534.0%

View the full Des Moines-West Des Moines-Ames market profile →

Recruiting in Jasper County

Deposits are spread across a competitive field of institutions, so the bankers worth recruiting are dispersed across more of them. 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 Jasper County, on a retained basis.

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