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FinObservatory

County banking markets / FL / 12071

LeeFlorida

FIPS 12071. 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.

160
Branch offices
June 30, 2025
33
Institutions
25 in 1994
707
Branch-count HHI
unconcentrated (2010 HMG)
801
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 (707) and unconcentrated on deposits (801).

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

151 branch offices and 25 institutions in 1994; 160 and 33 in 2025. Deposits booked in the county went from $4.75B to $22.29B, 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
1Wells Fargo Bank, National Association cert 3511$3.18B14.24%2113.13%
2Bank of America, National Association cert 3510$2.91B13.04%1610.00%
3Truist Bank cert 9846$2.39B10.71%159.38%
4Fifth Third Bank, National Association cert 6672$2.02B9.08%1911.88%
5JPMorgan Chase Bank, National Association cert 628$1.96B8.79%138.13%
6FineMark National Bank & Trust cert 58486$1.94B8.71%53.13%
7First Horizon Bank cert 4977$869.6M3.90%95.63%
8Sanibel Captiva Community Bank cert 57425$835.2M3.75%85.00%
9EverBank, National Association cert 34775$650.4M2.92%10.63%
10Bank OZK cert 110$641.2M2.88%63.75%
11Regions Bank cert 12368$602.5M2.70%85.00%
12Valley National Bank cert 9396$393.9M1.77%31.88%
13Synovus Bank cert 873$383.7M1.72%42.50%
14The Northern Trust Company cert 913$374.5M1.68%21.25%
15Edison National Bank cert 34489$353.6M1.59%42.50%
16Centennial Bank cert 11241$335.5M1.50%21.25%
17Busey Bank cert 16450$313.4M1.41%21.25%
18Third Federal Savings and Loan Association of Cleveland cert 30012$295.7M1.33%21.25%
19Cogent Bank cert 34908$293.3M1.32%10.63%
20PNC Bank, National Association cert 6384$258.6M1.16%21.25%
21BankUnited, National Association cert 58979$210.7M0.95%21.25%
22United Fidelity Bank, fsb cert 29566$187.9M0.84%10.63%
23First-Citizens Bank & Trust Company cert 11063$163.8M0.73%21.25%
24Gulf Coast Business Bank cert 59281$126.9M0.57%10.63%
25First Bank cert 9620$125.2M0.56%10.63%
26BMO Bank National Association cert 16571$124.3M0.56%10.63%
27TD Bank, National Association cert 18409$88.2M0.40%10.63%
28Crews Bank & Trust cert 8021$83.0M0.37%10.63%
29Lake Forest Bank & Trust Company, National Association cert 27589$71.8M0.32%21.25%
30IncredibleBank cert 19772$57.1M0.26%21.25%
31Flagstar Bank, National Association cert 32541$55.3M0.25%10.63%
32KeyBank National Association cert 17534$3.0M0.01%10.63%
33American Momentum Bank cert 58309$0K0.00%10.63%

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.