County banking markets / MD / 24510
Baltimore (City)Maryland
FIPS 24510. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 24 counties in Maryland’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 (1,006) and highly concentrated on deposits (2,801).
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
177 branch offices and 44 institutions in 1994; 100 and 22 in 2025. Deposits booked in the county went from $9.07B to $39.13B, 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 | $15.96B | 40.78% | 12 | 12.00% |
| 2 | Manufacturers and Traders Trust Company cert 588 | $11.99B | 30.65% | 19 | 19.00% |
| 3 | PNC Bank, National Association cert 6384 | $3.86B | 9.85% | 10 | 10.00% |
| 4 | Truist Bank cert 9846 | $2.94B | 7.50% | 10 | 10.00% |
| 5 | Wells Fargo Bank, National Association cert 3511 | $2.54B | 6.50% | 13 | 13.00% |
| 6 | First National Bank of Pennsylvania cert 7888 | $293.9M | 0.75% | 3 | 3.00% |
| 7 | TD Bank, National Association cert 18409 | $277.6M | 0.71% | 1 | 1.00% |
| 8 | The Harbor Bank of Maryland cert 24015 | $250.6M | 0.64% | 5 | 5.00% |
| 9 | JPMorgan Chase Bank, National Association cert 628 | $241.7M | 0.62% | 7 | 7.00% |
| 10 | Fulton Bank, National Association cert 7551 | $239.7M | 0.61% | 5 | 5.00% |
| 11 | Shore United Bank, National Association cert 4832 | $145.2M | 0.37% | 1 | 1.00% |
| 12 | Capital One, National Association cert 4297 | $69.6M | 0.18% | 3 | 3.00% |
| 13 | CFG Bank cert 34294 | $62.6M | 0.16% | 1 | 1.00% |
| 14 | WesBanco Bank, Inc. cert 803 | $61.6M | 0.16% | 1 | 1.00% |
| 15 | BayVanguard Bank cert 32527 | $57.2M | 0.15% | 2 | 2.00% |
| 16 | Arundel Federal Savings Bank cert 28780 | $51.4M | 0.13% | 1 | 1.00% |
| 17 | Homewood Federal Savings Bank cert 31267 | $49.5M | 0.13% | 1 | 1.00% |
| 18 | FVCbank cert 58696 | $33.7M | 0.09% | 1 | 1.00% |
| 19 | Univest Bank and Trust Co. cert 7759 | $12.4M | 0.03% | 1 | 1.00% |
| 20 | Stifel Trust Company, National Association cert 33785 | $0K | 0.00% | 1 | 1.00% |
| 21 | Wilmington Trust, National Association cert 34069 | $0K | 0.00% | 1 | 1.00% |
| 22 | CIBC National Trust Company cert 91325 | $0K | 0.00% | 1 | 1.00% |
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 Maryland, or read the methodology for the two HHI constructions and what they cannot tell you.