Middlesborough-Corbin, KY, a Combined Statistical Area, holds $3.1 billion in deposits across 14 insured institutions and 65 branches, ranking #264 of 293 U.S. markets by economic output. Community Trust Bank, Inc. is the largest deposit holder at 15.1% share. The top three institutions hold 43.4% of deposits, which places the market in the fragmented band. Deposits have grown 21.7% since 2020 with the branch count unchanged.
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
Branches: 65 in 2020 to 65 in 2025. Institutions: 14 to 14. Top-three share: 42.1% to 43.4%. Deposits per branch: $48M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Community Trust Bank, Inc. | $0.5B | 15.1% | +49% |
| Commercial Bank | $0.5B | 14.8% | +11% |
| Cumberland Valley National Bank & Trust Company | $0.4B | 13.5% | +21% |
| PNC Bank | $0.4B | 11.6% | +20% |
| Forcht Bank | $0.3B | 10.9% | +26% |
| Hometown Bank of Corbin, Inc. | $0.3B | 9.1% | +55% |
| First State Bank of the Southeast, Inc | $0.2B | 7.7% | -10% |
| The First National Bank of Manchester | $0.2B | 6.7% | +46% |
| Whitaker Bank | $0.1B | 3.5% | -1% |
| Hearthside Bank Corporation | $0.1B | 3.5% | +8% |
| Truist Bank | $61M | 2.0% | +5% |
| 1st Trust Bank, Inc. | $42M | 1.4% | +13% |
| The Monticello Banking Company | $7M | 0.2% | no 2020 presence |
| Woodforest National Bank | $4M | 0.1% | +16% |
The 14 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. Even so, a large gain can reflect acquisition rather than organic growth; “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
| County | State | GDP | Population | Share of Market GDP | |
|---|---|---|---|---|---|
| Laurel County | Kentucky | $2.3B | 63,746 | 43.7% | 40.6% |
| Whitley County | Kentucky | $1.2B | 37,297 | 22.9% | 19.8% |
| Bell County | Kentucky | $775M | 22,829 | 14.5% | 15.1% |
| Knox County | Kentucky | $659M | 29,532 | 12.4% | 15.5% |
| Clay County | Kentucky | $351M | 19,465 | 6.6% | 9.1% |
Recruiting in the Middlesborough-Corbin 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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