FinObservatory

Deposit market structure / TX

Texas

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

$1.50T
Deposits
June 30, 2025
6,211
Branch offices
June 30, 2025
466
Institutions
with in-state branches
837
Statewide deposit HHI
unconcentrated (2010 HMG bands)

Deposits, 19942025

Office-assigned deposits at branches in Texas went from $173.08B in 1994 to $1.50T in 2025, nominal.

Deposits
$0K$500B$1T$1.5T$2T19942000201020202025

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 Texas peaked at 6,966 offices in 2010; the 2025 survey counts 6,211. The institution count moved from 1,061 (1994) to 466 (2025).

Branch officesInstitutions with in-state branches
02k4k6k8k19942000201020202025

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). Texas’s HHI is 837 in 2025 (unconcentrated on the 2010 bands), against 390 in 1994 and a span peak of 1064 in 2022. 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 Texas that year, the same shares the statewide HHI squares and sums.

#InstitutionDepositsShareBranches
1JPMorgan Chase Bank, National Association cert 628$296.10B19.76%477
2Charles Schwab Bank, SSB cert 57450$209.55B13.99%1
3Bank of America, National Association cert 3510$182.30B12.17%320
4USAA Federal Savings Bank cert 32188$92.77B6.19%1
5Wells Fargo Bank, National Association cert 3511$82.07B5.48%463
6Frost Bank cert 5510$42.17B2.81%213
7Citibank, National Association cert 7213$31.13B2.08%2
8PNC Bank, National Association cert 6384$28.82B1.92%315
9Texas Capital Bank cert 34383$26.53B1.77%10
10Prosperity Bank cert 16835$26.34B1.76%296

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 Texas’s 250 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
Armstrong1000011
Cochran1000011
Culberson1000011
Dickens1000011
Edwards1000011

Least concentrated

CountyHHIInst.Branches
McLennan7882463
Brazoria9032763
Collin90872264
Lubbock93827104
Hidalgo94520150

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.