Mercer County, Ohio, a core county of the Lima-Van Wert-Celina, OH market, holds $2.0B in deposits across 9 insured institutions and 20 branches. The Peoples Bank Co. is the largest deposit holder at 34.4% share. The top three banks hold 75% of deposits, which places the county in the Concentrated band. Deposits have grown 24.9% since 2021 while the branch count fell by 4.8%. It produced $3.1B of real gross domestic product in 2024, ranking #756 of the 1,523 ranked counties by economic output.
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
Branches: 21 in 2021 to 20 in 2026. Institutions: 9 to 9. Top-three share: 74% to 75%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| The Peoples Bank Co. | $701M | 34.4% | +28% |
| First Financial Bank | $439M | 21.6% | +24% |
| The St. Henry Bank | $385M | 18.9% | +24% |
| The Park National Bank | $157M | 7.7% | +29% |
| Mercer Savings Bank | $117M | 5.8% | +10% |
| The Citizens National Bank of Bluffton | $101M | 4.9% | +16% |
| JPMorgan Chase Bank | $67M | 3.3% | +37% |
| Osgood Bank | $66M | 3.3% | +21% |
| Woodforest National Bank | $2M | 0.1% | +10% |
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 Lima-Van Wert-Celina market
Mercer County is one of 4 counties that make up the Lima-Van Wert-Celina, OH market, a Combined Statistical Area (ranked #150 of 293 U.S. markets by economic output). It produces 19.3% of the market’s output and holds 31.3% of its deposits.
| Measure | Mercer County | Share of parent market |
|---|---|---|
| 2024 GDP | $3.1B | 19.3% |
| Deposits | $2.0B | 31.3% |
| Population | 42,737 | 19.6% |
View the full Lima-Van Wert-Celina market profile →
Recruiting in Mercer 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 Mercer County.
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