Market Intelligence

Warrick County, IN

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

Warrick County, Indiana, a core county of the Evansville-Henderson, IN-KY market, holds $1.2B in deposits across 10 insured institutions and 16 branches. Old National Bank is the largest deposit holder at 31.5% share. The top three institutions hold 63.3% of deposits, which places the county in the concentrated band. Deposits have grown 27.5% since 2020 while the branch count fell by 2. It produces $2.6B of output, ranking #823 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$2.6B
#823 of 1,523
Total Deposits
$1.2B
#870 of 1,523
Population
66,803
#788 of 1,523
GDP per Capita
$39,393
#920 of 1,523
Insured Institutions
10
#722 of 1,523
Deposits per Branch
$73M
#1,034 of 1,523
Deposits per Capita
$17,367
#1,043 of 1,523
Branches per 100k Pop.
24.0
#779 of 1,523
Median Institution Size
$72M
Median deposits of the institutions operating in the county. #1,173 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
47.4%
of market deposits held by banks with $100M to $50B in assets. #1,015 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
63.3%
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+27.5% over 5 years
$910M
2020
$1.0B
2021
$1.1B
2022
$1.1B
2023
$1.1B
2024
$1.2B
2025

Branches: 18 in 2020 to 16 in 2025. Institutions: 11 to 10. Top-three share: 61.4% to 63.3%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Old National Bank$366M31.5%2+34%
Fifth Third Bank, National Association$194M16.7%1+52%
Peoples Trust and Savings Bank$175M15.1%3+10%
LNB Community Bank$160M13.8%4+42%
German American Bank$89M7.7%1+19%
United Fidelity Bank, fsb$55M4.8%1+151%
Boonville Federal Savings Bank$51M4.4%1+25%
Banterra Bank$42M3.6%1+6%
First Federal Savings Bank$26M2.2%1+7%
Woodforest National Bank$2M0.1%1-17%

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 Evansville-Henderson market

Warrick County is one of 5 counties that make up the Evansville-Henderson, IN-KY market, a Combined Statistical Area (ranked #125 of 293 U.S. markets by economic output). It produces 11.9% of the market’s output and holds 7.9% of its deposits.

MeasureWarrick CountyShare of Evansville-Henderson market
2024 GDP$2.6B11.9%
Deposits$1.2B7.9%
Population66,80320.2%

View the full Evansville-Henderson market profile →

Recruiting in Warrick 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 Warrick County, on a retained basis.

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