Market Intelligence

Mahoning County, OH

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

Mahoning County, Ohio, a core county of the Youngstown-Warren-Salem, OH market, holds $6.4B in deposits across 9 insured institutions and 48 branches. The Huntington National Bank is the largest deposit holder at 33.2% share. The top three institutions hold 69.8% of deposits, which places the county in the concentrated band. Deposits have fallen 0.3% since 2020 while the branch count fell by 26.2%. It produces $9.7B of output, ranking #370 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$9.7B
#370 of 1,523
Population
224,706
#318 of 1,523
GDP per Capita
$43,356
#782 of 1,523
Deposit market
Total Deposits
$6.4B
#280 of 1,523
Deposits per Capita
$28,500
#448 of 1,523
Deposits per Branch
$133M
#266 of 1,523
Competitive structure
Insured Institutions
9
#785 of 1,523
Branches per 100k Pop.
21.4
#906 of 1,523
Median Deposits per Institution
$607M
The median deposits booked by a single institution in the county. #21 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
44.0%
of county deposits held by banks with $100M to $50B in assets. #1,061 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
69.8%
The combined deposit share of the three largest institutions 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

Total county deposits (nominal), 2020 to 2025-0.3% over 5 years
$6.4B
2020
$6.9B
2021
$7.0B
2022
$6.9B
2023
$6.9B
2024
$6.4B
2025

Branches: 65 in 2020 to 48 in 2025. Institutions: 11 to 9. Top-three share: 62.2% to 69.8%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
The Huntington National Bank$2.1B33.2%12+2%
The Farmers National Bank of Canfield$1.4B21.7%8+36%
WesBanco Bank, Inc.$952M14.9%10no 2020 presence
PNC Bank$661M10.3%5+5%
JPMorgan Chase Bank$607M9.5%5+6%
First National Bank of Pennsylvania$470M7.3%4+25%
KeyBank$117M1.8%2-7%
Citizens Bank$76M1.2%1-49%
Woodforest National Bank$6M0.1%1+49%

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. “No 2020 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 Youngstown-Warren-Salem market

Mahoning County is one of 3 counties that make up the Youngstown-Warren-Salem, OH market, a Combined Statistical Area (ranked #128 of 293 U.S. markets by economic output). It produces 46.2% of the market’s output and holds 51.5% of its deposits.

MeasureMahoning CountyShare of parent market
2024 GDP$9.7B46.2%
Deposits$6.4B51.5%
Population224,70643.0%

View the full Youngstown-Warren-Salem market profile →

Recruiting in Mahoning 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 Mahoning County.

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