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FinObservatory

County banking markets / FL / 12009

BrevardFlorida

FIPS 12009. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 67 counties in Florida’s 2025 survey.

88
Branch offices
June 30, 2025
18
Institutions
16 in 1994
1,069
Branch-count HHI
unconcentrated (2010 HMG)
1,320
Deposit HHI
see the caveat below

Concentration, 19942025

Branch-count HHI squares each institution’s share of the county’s branch offices; deposit HHI squares its share of county deposits. The bands are the 2010 Horizontal Merger Guidelines classification, the dashed line the 1,800 level above which the Federal Reserve reviews a merger centrally. In 2025 this market is unconcentrated on branches (1,069) and unconcentrated on deposits (1,320).

Branch-count HHIDeposit HHI
01,0002,0003,0001,800 (Fed screen)19942000201020202025

Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | Federal Reserve, Competitive Effects of Mergers and Acquisitions FAQs Both indices computed from the SOD branch rows for this county, June 30 of each survey year. Neither is the Fed's screen HHI: no thrift weighting, no exclusion of specialty and internet banks, no central-booking adjustment. Methodology

Branches and institutions

112 branch offices and 16 institutions in 1994; 88 and 18 in 2025. Deposits booked in the county went from $3.35B to $11.47B, nominal.

Branch officesInstitutions
05010015019942000201020202025

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

Who holds the deposits, 2025

Every institution with a branch in the county, ranked by deposits booked here. Both shares are shown because they are the two indices above: squaring and summing the deposit column gives the deposit HHI, the branch column the branch-count HHI.

#InstitutionDepositsDeposit shareBranchesBranch share
1Wells Fargo Bank, National Association cert 3511$2.10B18.32%1314.77%
2Bank of America, National Association cert 3510$2.00B17.42%910.23%
3Truist Bank cert 9846$1.85B16.15%1517.05%
4JPMorgan Chase Bank, National Association cert 628$1.83B15.98%1213.64%
5TD Bank, National Association cert 18409$1.07B9.34%89.09%
6PNC Bank, National Association cert 6384$689.9M6.01%910.23%
7Regions Bank cert 12368$459.1M4.00%66.82%
8Seacoast National Bank cert 131$405.5M3.54%22.27%
9Community Bank of the South cert 35212$238.3M2.08%33.41%
10Sunrise Bank cert 58029$222.0M1.94%22.27%
11SouthState Bank, National Association cert 33555$153.3M1.34%11.14%
12Cypress Bank & Trust cert 35506$110.1M0.96%11.14%
13Synovus Bank cert 873$81.3M0.71%11.14%
14Valley National Bank cert 9396$67.5M0.59%11.14%
15Fifth Third Bank, National Association cert 6672$64.2M0.56%22.27%
16Marine Bank & Trust Company cert 34233$63.2M0.55%11.14%
17United Community Bank cert 16889$40.2M0.35%11.14%
18TrustCo Bank cert 31945$18.8M0.16%11.14%

Source: FDIC Summary of Deposits June 30, 2025. Branch rows grouped by FDIC certificate; names as reported to the survey. Deposit share is n/a where the county's total SOD deposits are zero. Methodology

Back to county banking markets, up to Florida, or read the methodology for the two HHI constructions and what they cannot tell you.