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FinObservatory

County banking markets / FL / 12127

VolusiaFlorida

FIPS 12127. 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.

96
Branch offices
June 30, 2025
20
Institutions
16 in 1994
857
Branch-count HHI
unconcentrated (2010 HMG)
1,124
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 (857) and unconcentrated on deposits (1,124).

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

120 branch offices and 16 institutions in 1994; 96 and 20 in 2025. Deposits booked in the county went from $4.84B to $12.35B, nominal.

Branch officesInstitutions
05010015020019942000201020202025

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$2.13B17.22%1010.42%
2Truist Bank cert 9846$2.11B17.08%1515.63%
3Wells Fargo Bank, National Association cert 3511$2.08B16.85%1313.54%
4TD Bank, National Association cert 18409$1.27B10.26%66.25%
5JPMorgan Chase Bank, National Association cert 628$883.2M7.15%77.29%
6PNC Bank, National Association cert 6384$536.7M4.35%88.33%
7Fifth Third Bank, National Association cert 6672$521.6M4.22%55.21%
8Mainstreet Community Bank of Florida cert 57598$521.4M4.22%55.21%
9Regions Bank cert 12368$468.3M3.79%77.29%
10Seacoast National Bank cert 131$347.0M2.81%33.13%
11SouthState Bank, National Association cert 33555$294.4M2.38%44.17%
12Synovus Bank cert 873$219.4M1.78%22.08%
13Surety Bank cert 33026$183.0M1.48%22.08%
14Barwick Banking Company cert 22205$176.9M1.43%11.04%
15Intracoastal Bank cert 58692$166.7M1.35%11.04%
16Ameris Bank cert 20504$163.7M1.33%11.04%
17Axiom Bank, National Association cert 31390$110.6M0.90%11.04%
18TrustCo Bank cert 31945$74.9M0.61%33.13%
19Cogent Bank cert 34908$49.1M0.40%11.04%
20Sunrise Bank cert 58029$48.4M0.39%11.04%

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.