County banking markets / NC / 37159
RowanNorth Carolina
FIPS 37159. 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 moderately concentrated on branches (1,680) and moderately concentrated on deposits (1,559).
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
34 branch offices and 12 institutions in 1994; 25 and 13 in 2025. Deposits booked in the county went from $934.4M to $1.91B, 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 | Farmers & Merchants Bank cert 2036 | $594.1M | 31.09% | 9 | 36.00% |
| 2 | Wells Fargo Bank, National Association cert 3511 | $315.0M | 16.49% | 2 | 8.00% |
| 3 | Truist Bank cert 9846 | $205.0M | 10.73% | 2 | 8.00% |
| 4 | Bank OZK cert 110 | $122.0M | 6.38% | 1 | 4.00% |
| 5 | Bank of America, National Association cert 3510 | $113.1M | 5.92% | 1 | 4.00% |
| 6 | SouthState Bank, National Association cert 33555 | $102.2M | 5.35% | 2 | 8.00% |
| 7 | Fifth Third Bank, National Association cert 6672 | $96.5M | 5.05% | 1 | 4.00% |
| 8 | First Horizon Bank cert 4977 | $94.7M | 4.96% | 2 | 8.00% |
| 9 | Pinnacle Bank cert 35583 | $87.7M | 4.59% | 1 | 4.00% |
| 10 | First Bank cert 15019 | $80.1M | 4.19% | 1 | 4.00% |
| 11 | The Fidelity Bank cert 11507 | $51.0M | 2.67% | 1 | 4.00% |
| 12 | First National Bank of Pennsylvania cert 7888 | $42.9M | 2.25% | 1 | 4.00% |
| 13 | Woodforest National Bank cert 23220 | $6.4M | 0.33% | 1 | 4.00% |
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.