County banking markets / NJ / 34027
MorrisNew Jersey
FIPS 34027. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 21 counties in New Jersey’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 (686) and unconcentrated on deposits (927).
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
194 branch offices and 38 institutions in 1994; 160 and 29 in 2025. Deposits booked in the county went from $7.59B to $27.33B, 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 | JPMorgan Chase Bank, National Association cert 628 | $4.03B | 14.74% | 17 | 10.63% |
| 2 | Bank of America, National Association cert 3510 | $3.98B | 14.57% | 15 | 9.38% |
| 3 | TD Bank, National Association cert 18409 | $3.37B | 12.32% | 14 | 8.75% |
| 4 | Provident Bank cert 12010 | $2.65B | 9.71% | 16 | 10.00% |
| 5 | Wells Fargo Bank, National Association cert 3511 | $2.46B | 8.99% | 15 | 9.38% |
| 6 | Valley National Bank cert 9396 | $2.16B | 7.90% | 14 | 8.75% |
| 7 | PNC Bank, National Association cert 6384 | $1.80B | 6.58% | 11 | 6.88% |
| 8 | Peapack Private Bank & Trust cert 11035 | $1.49B | 5.46% | 6 | 3.75% |
| 9 | Manufacturers and Traders Trust Company cert 588 | $718.7M | 2.63% | 7 | 4.38% |
| 10 | HSBC Bank USA, National Association cert 57890 | $710.5M | 2.60% | 1 | 0.63% |
| 11 | Kearny Bank cert 28765 | $547.0M | 2.00% | 3 | 1.88% |
| 12 | Santander Bank, N.A. cert 29950 | $541.9M | 1.98% | 5 | 3.13% |
| 13 | Columbia Bank cert 28834 | $504.2M | 1.84% | 5 | 3.13% |
| 14 | Fulton Bank, National Association cert 7551 | $449.1M | 1.64% | 3 | 1.88% |
| 15 | Citizens Bank, National Association cert 57957 | $435.7M | 1.59% | 7 | 4.38% |
| 16 | ConnectOne Bank cert 57919 | $410.4M | 1.50% | 1 | 0.63% |
| 17 | First Bank cert 58481 | $400.2M | 1.46% | 3 | 1.88% |
| 18 | Blue Foundry Bank cert 30052 | $187.7M | 0.69% | 4 | 2.50% |
| 19 | Spencer Savings Bank, SLA cert 30076 | $120.3M | 0.44% | 1 | 0.63% |
| 20 | Ion Bank cert 18198 | $97.3M | 0.36% | 3 | 1.88% |
| 21 | First Hope Bank, A National Banking Association cert 6354 | $72.9M | 0.27% | 1 | 0.63% |
| 22 | Haven Savings Bank cert 30039 | $59.8M | 0.22% | 1 | 0.63% |
| 23 | Unity Bank cert 33503 | $46.4M | 0.17% | 1 | 0.63% |
| 24 | BCB Community Bank cert 35541 | $33.5M | 0.12% | 1 | 0.63% |
| 25 | Bogota Savings Bank cert 29941 | $32.9M | 0.12% | 1 | 0.63% |
| 26 | Somerset Regal Bank cert 28778 | $25.8M | 0.09% | 1 | 0.63% |
| 27 | BNY Mellon, National Association cert 7946 | $0K | 0.00% | 1 | 0.63% |
| 28 | Wilmington Trust, National Association cert 34069 | $0K | 0.00% | 1 | 0.63% |
| 29 | AMG National Trust Bank cert 57295 | $0K | 0.00% | 1 | 0.63% |
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.