FinObservatory

Deposit market structure / OK

Oklahoma

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

$141.58B
Deposits
June 30, 2025
1,286
Branch offices
June 30, 2025
199
Institutions
with in-state branches
502
Statewide deposit HHI
unconcentrated (2010 HMG bands)

Deposits, 19942025

Office-assigned deposits at branches in Oklahoma went from $30.79B in 1994 to $141.58B in 2025, nominal.

Deposits
$0K$50B$100B$150B19942000201020202025

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 Oklahoma peaked at 1,411 offices in 2010; the 2025 survey counts 1,286. The institution count moved from 371 (1994) to 199 (2025).

Branch officesInstitutions with in-state branches
05001k1.5k19942000201020202025

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). Oklahoma’s HHI is 502 in 2025 (unconcentrated on the 2010 bands), against 198 in 1994 and a span peak of 516 in 2021. 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 Oklahoma that year, the same shares the statewide HHI squares and sums.

#InstitutionDepositsShareBranches
1BOKF, National Association cert 4214$20.17B14.25%43
2MidFirst Bank cert 4063$16.25B11.48%50
3BancFirst cert 27476$10.42B7.36%113
4Arvest Bank cert 8728$6.97B4.92%79
5First United Bank and Trust Company cert 4239$6.68B4.72%34
6Bank of America, National Association cert 3510$5.68B4.01%18
7JPMorgan Chase Bank, National Association cert 628$5.68B4.01%26
8Stride Bank, National Association cert 4091$3.42B2.41%10
9RCB Bank cert 15399$2.85B2.02%41
10Armstrong Bank cert 2315$2.12B1.49%26

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 Oklahoma’s 77 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
Cimarron1000011
Roger Mills1000012
Bryan7899616
Coal689722
Tillman644424

Least concentrated

CountyHHIInst.Branches
Cleveland8332869
Custer8721520
Canadian11491837
Caddo11931015
Oklahoma131061236

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.