Market Intelligence

Logan County, IL

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Logan County, Illinois, a core county of the Springfield-Jacksonville-Lincoln, IL market, holds $649M in deposits across 9 insured institutions and 16 branches. Heartland Bank and Trust Company is the largest deposit holder at 33.9% share. The top three banks hold 65% of deposits, which places the county in the Concentrated band. Deposits have fallen 1.1% since 2021 while the branch count fell by 5.9%. It produced $1.0B of real gross domestic product in 2024, ranking #1,185 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$1.0B
#1,185 of 1,523
Population
27,182
#1,197 of 1,523
GDP per Capita
$38,035
#963 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$649M
#1,126 of 1,523
Deposits per Capita
$23,870
#694 of 1,523
Deposits per Branch
$41M
#1,470 of 1,523
Competitive structure
Insured Institutions
9
#784 of 1,523
Branches per 100k Pop.
58.9
#57 of 1,523
Median Deposits per Institution
$51M
The median deposits booked by a single institution in the county. #1,418 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
77.4%
of county deposits held by banks with $100M to $100B in assets. #626 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 Banks’ Deposit Share: Concentrated
65%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.

Deposit trend

County Deposits (SOD, 2021 to 2026)-1.1% over 5 years
$656M
2021
$676M
2022
$638M
2023
$617M
2024
$636M
2025
$649M
2026

Branches: 17 in 2021 to 16 in 2026. Institutions: 12 to 9. Top-three share: 56% to 65%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Heartland Bank and Trust Company$220M33.9%2-28%
Longview Community Bank$126M19.4%5+37%
United Community Bank$77M11.9%2+64%
Regions Bank$55M8.4%1-9%
The First National Bank in Tremont$51M7.8%2+97%
The Atlanta National Bank$49M7.5%10%
INB$28M4.3%1-5%
Farmers State Bank of Emden$26M4.1%1-6%
Hartsburg State Bank$17M2.5%1-4%

The 9 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.

Part of the Springfield-Jacksonville-Lincoln market

Logan County is one of 6 counties that make up the Springfield-Jacksonville-Lincoln, IL market, a Combined Statistical Area (ranked #148 of 293 U.S. markets by economic output). It produces 6.2% of the market’s output and holds 5.1% of its deposits.

MeasureLogan CountyShare of parent market
2024 GDP$1.0B6.2%
Deposits$649M5.1%
Population27,1828.9%

View the full Springfield-Jacksonville-Lincoln market profile →

Recruiting in Logan 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 Logan County.

See how we help banks recruit commercial banking talent