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FinObservatory

County banking markets / NJ / 34021

MercerNew Jersey

FIPS 34021. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 21 counties in New Jersey’s 2025 survey.

101
Branch offices
June 30, 2025
22
Institutions
28 in 1994
787
Branch-count HHI
unconcentrated (2010 HMG)
1,350
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 (787) and unconcentrated on deposits (1,350).

Branch-count HHIDeposit HHI
01,0002,0003,0004,0001,800 (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

131 branch offices and 28 institutions in 1994; 101 and 22 in 2025. Deposits booked in the county went from $6.42B to $21.75B, 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$5.91B27.18%1110.89%
2Wells Fargo Bank, National Association cert 3511$3.15B14.50%98.91%
3PNC Bank, National Association cert 6384$2.98B13.72%1312.87%
4TD Bank, National Association cert 18409$1.79B8.21%87.92%
5JPMorgan Chase Bank, National Association cert 628$1.43B6.57%98.91%
6First Bank cert 58481$1.14B5.26%54.95%
7Citizens Bank, National Association cert 57957$948.1M4.36%98.91%
8Customers Bank cert 34444$929.4M4.27%10.99%
9Santander Bank, N.A. cert 29950$904.7M4.16%98.91%
10The Bank of Princeton cert 58513$681.4M3.13%76.93%
11Cenlar FSB cert 30996$472.7M2.17%10.99%
12Northfield Bank cert 28710$295.2M1.36%54.95%
13Provident Bank cert 12010$290.2M1.33%32.97%
14Fulton Bank, National Association cert 7551$210.6M0.97%21.98%
15OceanFirst Bank, National Association cert 28359$172.6M0.79%10.99%
16Mid Penn Bank cert 9889$106.3M0.49%10.99%
17Manufacturers and Traders Trust Company cert 588$76.4M0.35%10.99%
18Spencer Savings Bank, SLA cert 30076$75.1M0.35%10.99%
19Truist Bank cert 9846$68.3M0.31%21.98%
20Flagstar Bank, National Association cert 32541$65.0M0.30%10.99%
21First Commerce Bank cert 58054$45.7M0.21%10.99%
22Wilmington Trust, National Association cert 34069$0K0.00%10.99%

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