Market Intelligence

Springfield-Jacksonville-Lincoln, IL

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026
Market Intelligence › Springfield-Jacksonville-Lincoln, IL

Springfield-Jacksonville-Lincoln, IL, a Combined Statistical Area, holds $12.6 billion in deposits across 41 insured institutions and 136 branches, and ranks #148 of 293 U.S. markets by economic output. INB is the largest deposit holder at 16.6% share. The top three banks hold 40% of deposits, which places the market in the Fragmented band. Deposits have grown 12.3% since 2021 while the branch count fell by 3.5%.

Economic scale
2024 Real GDP
$16.7B
#148 of 293
Population
304K
#150 of 293
GDP per Capita
$54,901
#128 of 293
Deposit market
Deposits (SOD, 6/30/26)
$12.6B
#112 of 293
Deposits per Capita
$41,498
#42 of 293
Deposits per Branch
$93M
#203 of 293
Competitive structure
Insured Institutions
41
#54 of 293
Branches per 100k Pop.
44.7
#11 of 293
Median Deposits per Institution
$130M
The median deposits booked by a single institution in the market. #244 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
79.6%
of market deposits held by banks with $100M to $100B in assets. #67 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 Banks’ Deposit Share: Fragmented
40%
The combined deposit share of the top three banks by deposits 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

Market Deposits (SOD, 2021 to 2026) +12.3% over 5 years
$11.2B
2021
$11.9B
2022
$11.4B
2023
$11.8B
2024
$12.3B
2025
$12.6B
2026

Branches: 141 in 2021 to 136 in 2026. Institutions: 48 to 41. Top-three share: 32% to 40%. Average deposits per branch: $93M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
deposits
INB$2.1B16.6%9+68%
United Community Bank$1.7B13.5%18+39%
Bank of Springfield$1.3B10.2%7+30%
JPMorgan Chase Bank$1.0B8.0%2-7%
Heartland Bank and Trust Company$840M6.7%10-22%
U.S. Bank$591M4.7%6-5%
PNC Bank$534M4.2%5-1%
Morton Community Bank$405M3.2%6-19%
TIB$404M3.2%1-28%
Carrollton Bank$354M2.8%1+9%
Alliance Community Bank$342M2.7%5+16%
Peoples Bank & Trust$291M2.3%6-11%
Prairie State Bank and Trust$258M2.0%6+2%
First National Bank of Pana$237M1.9%3+46%
Petefish, Skiles & Co.$200M1.6%3+90%
Security Bank, s.b.$185M1.5%3-17%
The Farmers State Bank and Trust Company$180M1.4%2-15%
First National Bank in Taylorville$174M1.4%2-8%
Regions Bank$168M1.3%3+5%
Warren-Boynton State Bank$139M1.1%2+19%
Longview Community Bank$130M1.0%6+33%
Bank & Trust Company$120M1.0%2+22%
American Bank of Freedom$118M0.9%1+16%
First Bankers Trust Company$109M0.9%1+397%
Williamsville State Bank & Trust$83M0.7%3-9%
Community State Bank$82M0.7%1+27%
Hickory Point Bank and Trust$81M0.6%1+40%
The First National Bank of Arenzville$69M0.5%2+73%
Midland Community Bank$57M0.4%2-17%
Eagle Valley Bank$56M0.4%2+5%
The First National Bank in Tremont$51M0.4%2+97%
The Atlanta National Bank$49M0.4%10%
Farmers State Bank$40M0.3%1+30%
The First National Bank of Raymond$35M0.3%2-10%
West Central Bank$31M0.2%1-12%
Farmers State Bank of Emden$26M0.2%1-6%
Citizens Bank of Edinburg$25M0.2%1-2%
The First National Bank of Assumption$23M0.2%1+2%
First National Bank of Nokomis$17M0.1%1+1%
Hartsburg State Bank$17M0.1%1-4%
Woodforest National Bank$9M0.1%3-7%

The 41 insured institutions with a branch presence in this market, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s 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 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
Sangamon CountyIllinois$12.3B194,17073.7%74.9%
Morgan CountyIllinois$1.5B32,5159.1%8.1%
Christian CountyIllinois$1.4B33,4438.6%7.8%
Logan CountyIllinois$1.0B27,1826.2%5.1%
Menard CountyIllinois$268M11,8631.6%2.9%
Scott CountyIllinois$152M4,8660.9%1.3%

Recruiting in the Springfield-Jacksonville-Lincoln 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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Other markets in Illinois

All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.