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FinObservatory

County banking markets / NC / 37025

CabarrusNorth Carolina

FIPS 37025. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 98 counties in North Carolina’s 2025 survey.

35
Branch offices
June 30, 2025
12
Institutions
9 in 1994
988
Branch-count HHI
unconcentrated (2010 HMG)
1,490
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 (988) and unconcentrated on deposits (1,490).

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

40 branch offices and 9 institutions in 1994; 35 and 12 in 2025. Deposits booked in the county went from $1.01B to $3.70B, 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
1Wells Fargo Bank, National Association cert 3511$989.4M26.72%514.29%
2Truist Bank cert 9846$657.7M17.76%514.29%
3Fifth Third Bank, National Association cert 6672$575.0M15.53%514.29%
4Uwharrie Bank cert 24919$251.4M6.79%25.71%
5Bank of America, National Association cert 3510$239.5M6.47%25.71%
6First-Citizens Bank & Trust Company cert 11063$238.1M6.43%25.71%
7Pinnacle Bank cert 35583$225.3M6.09%38.57%
8Farmers & Merchants Bank cert 2036$171.9M4.64%25.71%
9Bank OZK cert 110$166.4M4.49%25.71%
10First Bank cert 15019$88.7M2.40%25.71%
11JPMorgan Chase Bank, National Association cert 628$87.6M2.37%25.71%
12Woodforest National Bank cert 23220$11.5M0.31%38.57%

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