County banking markets / NC / 37051
CumberlandNorth Carolina
FIPS 37051. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 98 counties in North Carolina’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 (1,091) and moderately concentrated on deposits (1,670).
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
73 branch offices and 14 institutions in 1994; 45 and 14 in 2025. Deposits booked in the county went from $1.35B to $4.80B, 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 | Truist Bank cert 9846 | $1.28B | 26.57% | 9 | 20.00% |
| 2 | First-Citizens Bank & Trust Company cert 11063 | $1.06B | 22.19% | 7 | 15.56% |
| 3 | Bank of America, National Association cert 3510 | $741.4M | 15.45% | 3 | 6.67% |
| 4 | Wells Fargo Bank, National Association cert 3511 | $560.0M | 11.67% | 4 | 8.89% |
| 5 | PNC Bank, National Association cert 6384 | $312.1M | 6.50% | 4 | 8.89% |
| 6 | First Bank cert 15019 | $245.9M | 5.12% | 1 | 2.22% |
| 7 | United Bank cert 22858 | $157.7M | 3.29% | 3 | 6.67% |
| 8 | Dogwood State Bank cert 57095 | $112.3M | 2.34% | 1 | 2.22% |
| 9 | First National Bank of Pennsylvania cert 7888 | $103.6M | 2.16% | 1 | 2.22% |
| 10 | First Horizon Bank cert 4977 | $96.5M | 2.01% | 2 | 4.44% |
| 11 | The Fidelity Bank cert 11507 | $70.5M | 1.47% | 1 | 2.22% |
| 12 | Lumbee Guaranty Bank cert 20568 | $31.1M | 0.65% | 2 | 4.44% |
| 13 | FSNB, National Association cert 16416 | $20.3M | 0.42% | 5 | 11.11% |
| 14 | Woodforest National Bank cert 23220 | $7.5M | 0.16% | 2 | 4.44% |
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.