County banking markets / FL / 12099
Palm BeachFlorida
FIPS 12099. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 67 counties in Florida’s 2025 survey.
Concentration, 1994–2025
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 (950).
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
410 branch offices and 71 institutions in 1994; 382 and 55 in 2025. Deposits booked in the county went from $16.52B to $64.32B, nominal.
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.
| # | Institution | Deposits | Deposit share | Branches | Branch share |
|---|---|---|---|---|---|
| 1 | Bank of America, National Association cert 3510 | $10.63B | 16.53% | 40 | 10.47% |
| 2 | JPMorgan Chase Bank, National Association cert 628 | $9.61B | 14.93% | 51 | 13.35% |
| 3 | Wells Fargo Bank, National Association cert 3511 | $9.01B | 14.00% | 47 | 12.30% |
| 4 | PNC Bank, National Association cert 6384 | $7.09B | 11.02% | 32 | 8.38% |
| 5 | TD Bank, National Association cert 18409 | $4.48B | 6.97% | 25 | 6.54% |
| 6 | Truist Bank cert 9846 | $3.97B | 6.17% | 36 | 9.42% |
| 7 | Citibank, National Association cert 7213 | $2.33B | 3.62% | 9 | 2.36% |
| 8 | Seacoast National Bank cert 131 | $1.68B | 2.61% | 11 | 2.88% |
| 9 | City National Bank of Florida cert 20234 | $1.43B | 2.22% | 3 | 0.79% |
| 10 | Flagstar Bank, National Association cert 32541 | $1.42B | 2.20% | 11 | 2.88% |
| 11 | Valley National Bank cert 9396 | $1.24B | 1.93% | 6 | 1.57% |
| 12 | Fifth Third Bank, National Association cert 6672 | $1.10B | 1.72% | 14 | 3.66% |
| 13 | The Northern Trust Company cert 913 | $886.6M | 1.38% | 4 | 1.05% |
| 14 | First Horizon Bank cert 4977 | $818.4M | 1.27% | 8 | 2.09% |
| 15 | Third Federal Savings and Loan Association of Cleveland cert 30012 | $804.4M | 1.25% | 4 | 1.05% |
| 16 | BankUnited, National Association cert 58979 | $780.2M | 1.21% | 8 | 2.09% |
| 17 | Synovus Bank cert 873 | $756.5M | 1.18% | 6 | 1.57% |
| 18 | SouthState Bank, National Association cert 33555 | $660.4M | 1.03% | 3 | 0.79% |
| 19 | Centennial Bank cert 11241 | $590.5M | 0.92% | 5 | 1.31% |
| 20 | Regions Bank cert 12368 | $501.6M | 0.78% | 8 | 2.09% |
| 21 | EverBank, National Association cert 34775 | $470.5M | 0.73% | 1 | 0.26% |
| 22 | Citizens Bank, National Association cert 57957 | $449.0M | 0.70% | 1 | 0.26% |
| 23 | Paradise Bank cert 58030 | $419.5M | 0.65% | 2 | 0.52% |
| 24 | ConnectOne Bank cert 57919 | $358.9M | 0.56% | 1 | 0.26% |
| 25 | United Community Bank cert 16889 | $285.4M | 0.44% | 3 | 0.79% |
| 26 | Anchor Bank cert 57931 | $280.7M | 0.44% | 4 | 1.05% |
| 27 | First-Citizens Bank & Trust Company cert 11063 | $278.9M | 0.43% | 2 | 0.52% |
| 28 | Comerica Bank cert 983 | $275.1M | 0.43% | 4 | 1.05% |
| 29 | Amerant Bank, National Association cert 22953 | $248.7M | 0.39% | 3 | 0.79% |
| 30 | Manufacturers and Traders Trust Company cert 588 | $206.6M | 0.32% | 2 | 0.52% |
| 31 | Vista Bank cert 1210 | $197.4M | 0.31% | 1 | 0.26% |
| 32 | Bank of Belle Glade cert 18930 | $154.8M | 0.24% | 1 | 0.26% |
| 33 | Beal Bank USA cert 57833 | $137.5M | 0.21% | 1 | 0.26% |
| 34 | First National Bank of Coffee County cert 33506 | $131.9M | 0.21% | 3 | 0.79% |
| 35 | FineMark National Bank & Trust cert 58486 | $122.2M | 0.19% | 1 | 0.26% |
| 36 | CIBC Bank USA cert 33306 | $79.9M | 0.12% | 1 | 0.26% |
| 37 | Ocean Bank cert 24156 | $63.9M | 0.10% | 1 | 0.26% |
| 38 | Safra National Bank of New York cert 26876 | $51.3M | 0.08% | 1 | 0.26% |
| 39 | BankFlorida cert 58537 | $47.4M | 0.07% | 1 | 0.26% |
| 40 | Pacific National Bank cert 26299 | $44.9M | 0.07% | 1 | 0.26% |
| 41 | First Bank cert 9620 | $41.4M | 0.06% | 1 | 0.26% |
| 42 | Cypress Bank & Trust cert 35506 | $40.2M | 0.06% | 1 | 0.26% |
| 43 | U.S. Bank National Association cert 6548 | $32.0M | 0.05% | 1 | 0.26% |
| 44 | Evermore Bank cert 59306 | $24.5M | 0.04% | 1 | 0.26% |
| 45 | First Bank cert 58481 | $23.1M | 0.04% | 1 | 0.26% |
| 46 | Old Dominion National Bank cert 58504 | $21.6M | 0.03% | 1 | 0.26% |
| 47 | Bank OZK cert 110 | $20.4M | 0.03% | 1 | 0.26% |
| 48 | Natbank, National Association cert 33959 | $13.4M | 0.02% | 1 | 0.26% |
| 49 | TrustCo Bank cert 31945 | $13.3M | 0.02% | 1 | 0.26% |
| 50 | KeyBank National Association cert 17534 | $9.3M | 0.01% | 1 | 0.26% |
| 51 | Interamerican Bank, A FSB cert 31823 | $3.6M | 0.01% | 1 | 0.26% |
| 52 | Wilmington Trust, National Association cert 34069 | $0K | 0.00% | 2 | 0.52% |
| 53 | CIBC National Trust Company cert 91325 | $0K | 0.00% | 1 | 0.26% |
| 54 | BNY Mellon, National Association cert 7946 | $0K | 0.00% | 1 | 0.26% |
| 55 | Wilmington Savings Fund Society, FSB cert 17838 | $0K | 0.00% | 1 | 0.26% |
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.