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FinObservatory

County banking markets / FL / 12031

DuvalFlorida

FIPS 12031. 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.

152
Branch offices
June 30, 2025
29
Institutions
18 in 1994
765
Branch-count HHI
unconcentrated (2010 HMG)
3,990
Deposit HHI
see the caveat below
Read the deposit HHI here with care. Bank of America, National Association books 56.7% of this county’s SOD deposits from 15 of 152 branch offices (9.9% of them). The Fed calls this pattern central booking. The deposit HHI here reads 3,990, the branch-count HHI 765. These pages lead with the branch measure, which central booking cannot move.

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 (765) and highly concentrated on deposits (3,990).

Branch-count HHIDeposit HHI
01,0002,0003,0004,0001,800 (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

149 branch offices and 18 institutions in 1994; 152 and 29 in 2025. Deposits booked in the county went from $6.51B to $107.08B, nominal.

Branch officesInstitutions
010020030019942000201020202025

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
1Bank of America, National Association cert 3510$60.68B56.67%159.87%
2EverBank, National Association cert 34775$29.08B27.16%53.29%
3Truist Bank cert 9846$5.04B4.71%159.87%
4Wells Fargo Bank, National Association cert 3511$3.99B3.72%2516.45%
5Ameris Bank cert 20504$1.38B1.29%106.58%
6JPMorgan Chase Bank, National Association cert 628$898.3M0.84%138.55%
7PNC Bank, National Association cert 6384$757.7M0.71%106.58%
8Regions Bank cert 12368$711.0M0.66%95.92%
9Synovus Bank cert 873$571.1M0.53%31.97%
10SouthState Bank, National Association cert 33555$561.6M0.52%42.63%
11Fifth Third Bank, National Association cert 6672$531.2M0.50%95.92%
12TD Bank, National Association cert 18409$481.5M0.45%53.29%
13Florida Capital Bank, National Association cert 26323$431.1M0.40%21.32%
14Hancock Whitney Bank cert 12441$395.6M0.37%10.66%
15Bank OZK cert 110$306.2M0.29%31.97%
16First-Citizens Bank & Trust Company cert 11063$293.2M0.27%31.97%
17Cogent Bank cert 34908$211.4M0.20%10.66%
18Valley National Bank cert 9396$184.7M0.17%10.66%
19Seacoast National Bank cert 131$131.6M0.12%10.66%
20First Horizon Bank cert 4977$103.2M0.10%10.66%
21Renasant Bank cert 12437$94.0M0.09%21.32%
22TC FEDERAL BANK cert 29331$88.9M0.08%10.66%
23Pinnacle Bank cert 35583$76.7M0.07%10.66%
24The Claxton Bank cert 15826$29.7M0.03%10.66%
25The Northern Trust Company cert 913$24.5M0.02%10.66%
26First Federal Bank cert 31313$10.0M0.01%10.66%
27Woodforest National Bank cert 23220$7.0M0.01%74.61%
28Cypress Bank & Trust cert 35506$5.1M0.00%10.66%
29The Bank of New York Mellon Trust Company, National Association cert 23472$0K0.00%10.66%

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.