Market Intelligence

Bowling Green-Glasgow-Franklin, KY

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market Intelligence › Bowling Green-Glasgow-Franklin, KY

Bowling Green-Glasgow-Franklin, KY, a Combined Statistical Area, holds $6.7 billion in deposits across 24 insured institutions and 94 branches, ranking #171 of 293 U.S. markets by economic output. South Central Bank, Inc. is the largest deposit holder at 11.9% share. The top three institutions hold 33.3% of deposits, which places the market in the fragmented band. Deposits have grown 29.7% since 2020 while the branch count fell by 6.0%.

Economic scale
2024 Real GDP
$12.5B
#171 of 293
Population
274K
#165 of 293
GDP per Capita
$45,733
#229 of 293
Deposit market
Total Deposits
$6.7B
#159 of 293
Deposits per Capita
$24,435
#178 of 293
Deposits per Branch
$71M
#264 of 293
Competitive structure
Insured Institutions
24
#112 of 293
Branches per 100k Pop.
34.3
#53 of 293
Median Deposits per Institution
$190M
The median deposits booked by a single institution in the market. #167 of 293. 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
73.9%
of market deposits held by banks with $100M to $50B in assets. #79 of 293. 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: fragmented
33.3%
The combined deposit share of the three largest institutions in the market. A lower share means deposits are spread across more institutions.

Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.

Deposit trend

Total market deposits (nominal), 2020 to 2025 +29.7% over 5 years
$5.2B
2020
$6.0B
2021
$6.4B
2022
$6.4B
2023
$6.5B
2024
$6.7B
2025

Branches: 100 in 2020 to 94 in 2025. Institutions: 23 to 24. Top-three share: 36.1% to 33.3%. Deposits per branch: $71M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
South Central Bank, Inc.$0.8B11.9%14+37%
American Bank & Trust Company, Inc.$0.8B11.6%6+73%
U.S. Bank$0.7B9.8%7-3%
Franklin Bank & Trust Company$0.6B9.5%5+28%
Edmonton State Bank$0.6B8.8%12+37%
Truist Bank$0.6B8.3%4-8%
German American Bank$0.4B6.4%7+1%
Independence Bank of Kentucky$0.4B5.9%2+62%
Morgantown Bank & Trust Company, Incorporated$0.4B5.2%6+86%
FirstBank$0.3B4.0%5+17%
Bank of Edmonson County$249M3.7%3+30%
PNC Bank$206M3.1%3+14%
Pinnacle Bank$173M2.6%1no 2020 presence
Peoples Bank$131M2.0%4no 2020 presence
Farmers Bank and Trust Company$100M1.5%1+546%
JPMorgan Chase Bank$98M1.5%1+41%
The Peoples Bank$79M1.2%2+128%
Regions Bank$59M0.9%1+20%
The Monticello Banking Company$58M0.9%3-25%
The Cecilian Bank$35M0.5%2+83%
First Southern National Bank$29M0.4%1+42%
First Financial Bank$22M0.3%1no 2020 presence
Woodforest National Bank$4M0.1%2+31%
The Farmers National Bank of Danville$0M0.0%1no 2020 presence

The 24 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution’s 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 market that year. Deposit figures are nominal and are not adjusted for inflation.

Counties in this market

CountyStateGDP PopulationShare of Market GDP Share of Market Deposits
Warren CountyKentucky$8.9B149,37571.0%58.6%
Barren CountyKentucky$1.5B45,64111.6%16.4%
Simpson CountyKentucky$988M20,7887.9%9.1%
Allen CountyKentucky$482M22,5363.8%5.1%
Butler CountyKentucky$324M12,5202.6%4.5%
Metcalfe CountyKentucky$205M10,5831.6%3.3%
Edmonson CountyKentucky$189M12,7491.5%3.1%

Recruiting in the Bowling Green-Glasgow-Franklin market

No single institution dominates deposits here, which often means more competitors of a size where a well-positioned team has room to compete. 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 this one.

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