County banking markets / NC / 37183
WakeNorth Carolina
FIPS 37183. 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 (687) and highly concentrated on deposits (4,221).
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
184 branch offices and 18 institutions in 1994; 242 and 37 in 2025. Deposits booked in the county went from $4.66B to $98.05B, 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 | First-Citizens Bank & Trust Company cert 11063 | $62.45B | 63.70% | 19 | 7.85% |
| 2 | Wells Fargo Bank, National Association cert 3511 | $8.27B | 8.43% | 30 | 12.40% |
| 3 | Truist Bank cert 9846 | $6.83B | 6.97% | 28 | 11.57% |
| 4 | Bank of America, National Association cert 3510 | $4.14B | 4.22% | 19 | 7.85% |
| 5 | PNC Bank, National Association cert 6384 | $3.64B | 3.71% | 16 | 6.61% |
| 6 | TowneBank cert 35095 | $1.57B | 1.60% | 4 | 1.65% |
| 7 | First Horizon Bank cert 4977 | $1.44B | 1.47% | 11 | 4.55% |
| 8 | The Fidelity Bank cert 11507 | $1.25B | 1.28% | 13 | 5.37% |
| 9 | North State Bank cert 35519 | $1.06B | 1.08% | 6 | 2.48% |
| 10 | Fifth Third Bank, National Association cert 6672 | $1.03B | 1.05% | 24 | 9.92% |
| 11 | Pinnacle Bank cert 35583 | $928.3M | 0.95% | 6 | 2.48% |
| 12 | JPMorgan Chase Bank, National Association cert 628 | $824.2M | 0.84% | 14 | 5.79% |
| 13 | Dogwood State Bank cert 57095 | $813.9M | 0.83% | 1 | 0.41% |
| 14 | First Carolina Bank cert 35530 | $810.3M | 0.83% | 2 | 0.83% |
| 15 | First National Bank of Pennsylvania cert 7888 | $803.8M | 0.82% | 10 | 4.13% |
| 16 | United Community Bank cert 16889 | $398.3M | 0.41% | 4 | 1.65% |
| 17 | First Bank cert 15019 | $392.2M | 0.40% | 4 | 1.65% |
| 18 | Southern First Bank cert 35295 | $220.8M | 0.23% | 1 | 0.41% |
| 19 | Regions Bank cert 12368 | $177.1M | 0.18% | 1 | 0.41% |
| 20 | HomeTrust Bank cert 27677 | $169.2M | 0.17% | 2 | 0.83% |
| 21 | SouthState Bank, National Association cert 33555 | $118.8M | 0.12% | 2 | 0.83% |
| 22 | KS Bank, Inc. cert 29771 | $96.9M | 0.10% | 2 | 0.83% |
| 23 | Piedmont Federal Savings Bank cert 27619 | $93.6M | 0.10% | 1 | 0.41% |
| 24 | Southern Bank and Trust Company cert 15359 | $93.4M | 0.10% | 1 | 0.41% |
| 25 | United Bank cert 22858 | $81.3M | 0.08% | 1 | 0.41% |
| 26 | Atlantic Union Bank cert 34589 | $57.2M | 0.06% | 1 | 0.41% |
| 27 | Mechanics & Farmers Bank cert 12266 | $51.9M | 0.05% | 2 | 0.83% |
| 28 | First Federal Bank cert 31077 | $39.5M | 0.04% | 1 | 0.41% |
| 29 | Providence Bank cert 58239 | $35.2M | 0.04% | 1 | 0.41% |
| 30 | Carter Bank & Trust cert 58596 | $32.5M | 0.03% | 1 | 0.41% |
| 31 | Woodforest National Bank cert 23220 | $27.5M | 0.03% | 6 | 2.48% |
| 32 | Farmers & Merchants Bank cert 2036 | $24.4M | 0.02% | 1 | 0.41% |
| 33 | Benchmark Community Bank cert 20484 | $19.0M | 0.02% | 1 | 0.41% |
| 34 | Peoples Bank cert 5956 | $16.7M | 0.02% | 1 | 0.41% |
| 35 | TD Bank, National Association cert 18409 | $14.1M | 0.01% | 1 | 0.41% |
| 36 | Capital Bank, National Association cert 35278 | $8.9M | 0.01% | 1 | 0.41% |
| 37 | FSNB, National Association cert 16416 | $4.4M | 0.00% | 3 | 1.24% |
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.