Market Intelligence

Logan County, IL

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

Logan County, Illinois, a core county of the Springfield-Jacksonville-Lincoln, IL market, holds $636M in deposits across 10 insured institutions and 16 branches. Heartland Bank and Trust Company is the largest deposit holder at 36.3% share. The top three institutions hold 60.2% of deposits, which places the county in the concentrated band. Deposits have grown 8.5% since 2020 while the branch count fell by 2. It produces $1.0B of output, ranking #1,185 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.0B
#1,185 of 1,523
Total Deposits
$636M
#1,127 of 1,523
Population
27,182
#1,197 of 1,523
GDP per Capita
$38,035
#963 of 1,523
Insured Institutions
10
#685 of 1,523
Deposits per Branch
$40M
#1,466 of 1,523
Deposits per Capita
$23,387
#692 of 1,523
Branches per 100k Pop.
58.9
#58 of 1,523
Median Institution Size
$48M
Median deposits of the institutions operating in the county. #1,418 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
72.8%
of market deposits held by banks with $100M to $50B in assets. #628 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
60.2%
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+8.5% over 5 years
$586M
2020
$656M
2021
$676M
2022
$638M
2023
$617M
2024
$636M
2025

Branches: 18 in 2020 to 16 in 2025. Institutions: 12 to 10. Top-three share: 56.3% to 60.2%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Heartland Bank and Trust Company$231M36.3%2no 2020 presence
Longview Community Bank$94M14.8%3+116%
United Community Bank$58M9.1%2+78%
Regions Bank$55M8.6%10%
The First National Bank in Tremont$51M8.1%2+145%
The Atlanta National Bank$45M7.1%1-2%
Middletown State Bank$31M4.8%2+11%
INB, National Association$29M4.5%1+4%
Farmers State Bank of Emden$27M4.3%1+6%
Hartsburg State Bank$15M2.4%1-3%

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 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 5.2% of its deposits.

MeasureLogan CountyShare of Springfield-Jacksonville-Lincoln market
2024 GDP$1.0B6.2%
Deposits$636M5.2%
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, on a retained basis.

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