Market Intelligence

Shelby County, OH

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

Shelby County, Ohio, a core county of the Dayton-Springfield-Kettering, OH market, holds $1.4B in deposits across 10 insured institutions and 19 branches. U.S. Bank National Association is the largest deposit holder at 31.1% share. The top three banks hold 59% of deposits, which places the county in the Moderate band. Deposits have grown 22.3% since 2020 while the branch count fell by 17.4%. It produces $3.2B of output, ranking #740 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$3.2B
#740 of 1,523
Population
48,065
#941 of 1,523
GDP per Capita
$67,145
#230 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$1.4B
#790 of 1,523
Deposits per Capita
$29,316
#414 of 1,523
Deposits per Branch
$74M
#1,001 of 1,523
Competitive structure
Insured Institutions
10
#715 of 1,523
Branches per 100k Pop.
39.5
#219 of 1,523
Median Deposits per Institution
$107M
The median deposits booked by a single institution in the county. #842 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
44.3%
of county deposits held by banks with $100M to $100B in assets. #1,168 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
59%
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, 2020 to 2025)+22.3% over 5 years
$1.2B
2020
$1.4B
2021
$1.4B
2022
$1.4B
2023
$1.4B
2024
$1.4B
2025

Branches: 23 in 2020 to 19 in 2025. Institutions: 10 to 10. Top-three share: 63% to 59%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
U.S. Bank$439M31.1%4+1%
JPMorgan Chase Bank$214M15.2%2+11%
First Bank Richmond$173M12.3%2+81%
The Farmers & Merchants State Bank$129M9.2%3no 2020 presence
Minster Bank$112M8.0%1+31%
Osgood Bank$101M7.2%2+55%
Fifth Third Bank$100M7.1%1+21%
First National Bank in New Bremen$94M6.6%2+38%
PNC Bank$32M2.3%1+38%
The Peoples Savings and Loan Company$14M1.0%1+325%

The 10 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, 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 Dayton-Springfield-Kettering market

Shelby County is one of 7 counties that make up the Dayton-Springfield-Kettering, OH market, a Combined Statistical Area (ranked #64 of 293 U.S. markets by economic output). It produces 5.4% of the market’s output and holds 6.6% of its deposits.

MeasureShelby CountyShare of parent market
2024 GDP$3.2B5.4%
Deposits$1.4B6.6%
Population48,0654.4%

View the full Dayton-Springfield-Kettering market profile →

Recruiting in Shelby 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 Shelby County.

See how we help banks recruit commercial banking talent