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FinObservatory

County banking markets / NH / 33013

MerrimackNew Hampshire

FIPS 33013. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 10 counties in New Hampshire’s 2025 survey.

48
Branch offices
June 30, 2025
17
Institutions
15 in 1994
877
Branch-count HHI
unconcentrated (2010 HMG)
1,787
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 (877) and moderately concentrated on deposits (1,787).

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

45 branch offices and 15 institutions in 1994; 48 and 17 in 2025. Deposits booked in the county went from $1.84B to $6.30B, nominal.

Branch officesInstitutions
020406019942000201020202025

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
1TD Bank, National Association cert 18409$2.21B35.10%48.33%
2Merrimack County Savings Bank cert 17960$1.03B16.34%714.58%
3Citizens Bank, National Association cert 57957$713.5M11.32%612.50%
4Bank of America, National Association cert 3510$411.2M6.52%12.08%
5Franklin Savings Bank cert 17951$405.8M6.44%48.33%
6Bank of New Hampshire cert 18012$321.3M5.10%48.33%
7Bar Harbor Bank & Trust cert 11971$316.6M5.02%612.50%
8Ledyard National Bank cert 33418$145.9M2.31%36.25%
9Sugar River Bank cert 18028$134.4M2.13%36.25%
10Walden Mutual Bank cert 59289$129.1M2.05%12.08%
11Santander Bank, N.A. cert 29950$118.0M1.87%12.08%
12Mascoma Bank cert 18013$115.9M1.84%12.08%
13The Camden National Bank cert 4255$72.0M1.14%24.17%
14Bangor Savings Bank cert 18408$61.7M0.98%24.17%
15Eastern Bank cert 32773$44.8M0.71%12.08%
16Manufacturers and Traders Trust Company cert 588$44.1M0.70%12.08%
17NBT Bank, National Association cert 7230$27.5M0.44%12.08%

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 New Hampshire, or read the methodology for the two HHI constructions and what they cannot tell you.