FinObservatory

Deposit market structure / OH

Ohio

Branch-office deposits reported to the FDIC Summary of Deposits survey by institutions operating in Ohio, June 30 of each survey year, 19942025. Dollar figures are the survey’s thousands-of-USD unit displayed as $B/$T.

$565.32B
Deposits
June 30, 2025
3,020
Branch offices
June 30, 2025
190
Institutions
with in-state branches
1094
Statewide deposit HHI
unconcentrated (2010 HMG bands)

Deposits, 19942025

Office-assigned deposits at branches in Ohio went from $127.26B in 1994 to $565.32B in 2025, nominal.

Deposits
$0K$200B$400B$600B19942000201020202025

Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. State-level aggregate of branch rows. Methodology

Branches and institutions

The branch network in Ohio peaked at 4,082 offices in 2007; the 2025 survey counts 3,020. The institution count moved from 437 (1994) to 190 (2025).

Branch officesInstitutions with in-state branches
02k4k6k19942000201020202025

Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. Methodology

Deposit concentration (HHI)

Statewide institution-share HHI: the sum of squared percent shares of each institution’s in-state deposits, 0–10,000. The shaded bands are the agencies’ 2010 Horizontal Merger Guidelines classification (section 5.3): unconcentrated below 1,500, moderately concentrated 1,500–2,500, highly concentrated above 2,500. The dashed line marks the 2023 Merger Guidelines threshold, under which markets with an HHI above 1,800 are highly concentrated (Guideline 1). Ohio’s HHI is 1094 in 2025 (unconcentrated on the 2010 bands), against 259 in 1994 and a span peak of 1115 in 2023. A statewide HHI is descriptive: merger review defines banking markets locally, not by state.

Statewide deposit HHI
01,0002,0003,0001,800 (2023 MG)19942000201020202025

Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | DOJ & FTC, Merger Guidelines (2023), Guideline 1 HHI computed from FDIC Summary of Deposits branch rows, June 30 of each survey year, 1994-2025. Methodology

Largest institutions by in-state deposits, 2025

Branch rows grouped by FDIC certificate; names as reported to the survey. Share is of all SOD deposits booked in Ohio that year, the same shares the statewide HHI squares and sums.

#InstitutionDepositsShareBranches
1U.S. Bank National Association cert 6548$111.51B19.73%161
2The Huntington National Bank cert 6560$96.09B17.00%343
3KeyBank National Association cert 17534$68.66B12.15%172
4Fifth Third Bank, National Association cert 6672$66.89B11.83%245
5JPMorgan Chase Bank, National Association cert 628$45.72B8.09%231
6PNC Bank, National Association cert 6384$38.23B6.76%219
7Citizens Bank, National Association cert 57957$10.31B1.82%75
8Bank of America, National Association cert 3510$8.82B1.56%50
9WesBanco Bank, Inc. cert 803$8.55B1.51%114
10The Park National Bank cert 6653$7.63B1.35%75

Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30, 2025. Deposits are office-assigned; an institution's internal allocation practices shape where its balances appear. Methodology

County concentration extremes, 2025

The most and least concentrated of Ohio’s 88 counties in the survey, by county-level deposit HHI. A county served by a single institution sits at the 10,000 ceiling by construction; thin county markets are the norm outside metros.

Most concentrated

CountyHHIInst.Branches
Vinton831223
Highland6346916
Gallia5846511
Adams5335510
Pike513036

Least concentrated

CountyHHIInst.Branches
Fairfield10491733
Logan11521319
Lake11971651
Clermont12091742
Warren12222067

Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30, 2025. County HHIs use institution shares of summed branch deposits within the county. Methodology

Back to the national overview, or see the methodology for the survey definition, the HHI construction, and the office-assignment caveat.