Market Intelligence

Peoria County, IL

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

Peoria County, Illinois, a core county of the Peoria-Canton, IL market, holds $4.5B in deposits across 18 insured institutions and 46 branches. PNC Bank is the largest deposit holder at 28.3% share. The top three banks hold 52% of deposits, which places the county in the Moderate band. Deposits have grown 0.5% since 2021 while the branch count fell by 20.7%. It produced $13.3B of real gross domestic product in 2024, ranking #295 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$13.3B
#295 of 1,523
Population
178,553
#389 of 1,523
GDP per Capita
$74,297
#164 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$4.5B
#378 of 1,523
Deposits per Capita
$25,165
#630 of 1,523
Deposits per Branch
$98M
#664 of 1,523
Competitive structure
Insured Institutions
18
#268 of 1,523
Branches per 100k Pop.
25.8
#665 of 1,523
Median Deposits per Institution
$122M
The median deposits booked by a single institution in the county. #738 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
57.9%
of county deposits held by banks with $100M to $100B in assets. #958 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: Moderate
52%
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)+0.5% over 5 years
$4.5B
2021
$4.7B
2022
$4.6B
2023
$4.7B
2024
$4.7B
2025
$4.5B
2026

Branches: 58 in 2021 to 46 in 2026. Institutions: 20 to 18. Top-three share: 55% to 52%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
PNC Bank$1.3B28.3%4-3%
Busey Bank$553M12.3%4+2%
JPMorgan Chase Bank$529M11.8%1-5%
Morton Community Bank$492M11.0%9-17%
Commerce Bank$359M8.0%3+1%
Better Banks$356M7.9%6+9%
Fortress Bank$180M4.0%1+59%
INB$151M3.4%1+36%
First Mid Bank & Trust$141M3.1%4+3%
Princeville State Bank$103M2.3%2+15%
CBI Bank & Trust$69M1.5%2+14%
Heartland Bank and Trust Company$66M1.5%2-3%
Farmers State Bank$59M1.3%1+8%
CIBM Bank$50M1.1%1+1%
First State Bank of Forrest$44M1.0%1-18%
Bank of Farmington$36M0.8%2+77%
Regions Bank$32M0.7%1+25%
Woodforest National Bank$3M0.1%1-21%

The 18 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 Peoria-Canton market

Peoria County is one of 6 counties that make up the Peoria-Canton, IL market, a Combined Statistical Area (ranked #126 of 293 U.S. markets by economic output). It produces 60.2% of the market’s output and holds 40.6% of its deposits.

MeasurePeoria CountyShare of parent market
2024 GDP$13.3B60.2%
Deposits$4.5B40.6%
Population178,55345.0%

View the full Peoria-Canton market profile →

Recruiting in Peoria County

Deposits are split among a moderate 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 Peoria County.

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