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FinObservatory

County banking markets / FL / 12091

OkaloosaFlorida

FIPS 12091. 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.

54
Branch offices
June 30, 2025
21
Institutions
15 in 1994
734
Branch-count HHI
unconcentrated (2010 HMG)
883
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 (734) and unconcentrated on deposits (883).

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

52 branch offices and 15 institutions in 1994; 54 and 21 in 2025. Deposits booked in the county went from $1.32B to $5.09B, nominal.

Branch officesInstitutions
025507510019942000201020202025

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
1Synovus Bank cert 873$806.5M15.83%59.26%
2Regions Bank cert 12368$631.3M12.39%712.96%
3Bank of America, National Association cert 3510$553.6M10.87%35.56%
4Hancock Whitney Bank cert 12441$532.2M10.45%47.41%
5FNBT BANK cert 17580$461.3M9.05%712.96%
6Wells Fargo Bank, National Association cert 3511$358.3M7.03%35.56%
7United Fidelity Bank, fsb cert 29566$303.9M5.96%11.85%
8Renasant Bank cert 12437$303.8M5.96%47.41%
9PNC Bank, National Association cert 6384$184.6M3.62%47.41%
10Trustmark National Bank cert 4988$132.1M2.59%23.70%
11Truist Bank cert 9846$127.0M2.49%23.70%
12CCB Community Bank cert 16595$124.6M2.44%23.70%
13ServisFirst Bank cert 57993$100.6M1.97%11.85%
14SmartBank cert 58463$97.5M1.91%11.85%
15PNB Community Bank cert 26687$95.5M1.87%11.85%
16Community Bank of Mississippi cert 8879$71.5M1.40%23.70%
17United Community Bank cert 16889$63.6M1.25%11.85%
18Centennial Bank cert 11241$48.4M0.95%11.85%
19Cadence Bank cert 11813$44.4M0.87%11.85%
20Origin Bank cert 12614$27.4M0.54%11.85%
21MidSouth Bank cert 2777$26.8M0.53%11.85%

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.