Jasper County, Indiana, a county in the Chicago-Naperville, IL-IN-WI market, holds $939M in deposits across 6 insured institutions and 12 branches. First Merchants Bank is the largest deposit holder at 35.4% share. The top three institutions hold 80.0% of deposits, which places the county in the concentrated band. Deposits have grown 32.2% since 2020 while the branch count fell by 1. It produces $1.5B of output, ranking #1,055 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 13 in 2020 to 12 in 2025. Institutions: 6 to 6. Top-three share: 78.6% to 80.0%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| First Merchants Bank | $332M | 35.4% | +47% |
| DeMotte State Bank | $270M | 28.8% | +19% |
| Fifth Third Bank, National Association | $149M | 15.9% | +41% |
| Alliance Bank | $90M | 9.6% | +55% |
| Kentland Bank | $55M | 5.8% | -7% |
| Bank of Wolcott | $43M | 4.5% | +22% |
The 6 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 Chicago-Naperville market
Jasper County is one of 19 counties that make up the Chicago-Naperville, IL-IN-WI market, a Combined Statistical Area (ranked #5 of 293 U.S. markets by economic output). It produces 0.2% of the market’s output and holds 0.2% of its deposits.
| Measure | Jasper County | Share of Chicago-Naperville market |
|---|---|---|
| 2024 GDP | $1.5B | 0.2% |
| Deposits | $939M | 0.2% |
| Population | 33,894 | 0.3% |
View the full Chicago-Naperville market profile →
Recruiting in Jasper 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 Jasper County, on a retained basis.
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