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FinObservatory

County banking markets / PA / 42101

PhiladelphiaPennsylvania

FIPS 42101. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 66 counties in Pennsylvania’s 2025 survey.

253
Branch offices
June 30, 2025
37
Institutions
57 in 1994
795
Branch-count HHI
unconcentrated (2010 HMG)
1,464
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 (795) and unconcentrated on deposits (1,464).

Branch-count HHIDeposit HHI
01,0002,0003,0001,800 (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

364 branch offices and 57 institutions in 1994; 253 and 37 in 2025. Deposits booked in the county went from $23.79B to $73.43B, nominal.

Branch officesInstitutions
010020030040019942000201020202025

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
1Bank of America, National Association cert 3510$15.99B21.77%166.32%
2Wells Fargo Bank, National Association cert 3511$14.44B19.67%3112.25%
3PNC Bank, National Association cert 6384$12.70B17.29%3413.44%
4Citizens Bank, National Association cert 57957$10.63B14.48%3614.23%
5Santander Bank, N.A. cert 29950$4.12B5.62%124.74%
6TD Bank, National Association cert 18409$3.85B5.25%218.30%
7Manufacturers and Traders Trust Company cert 588$2.86B3.89%51.98%
8Wilmington Savings Fund Society, FSB cert 17838$2.37B3.23%114.35%
9Firstrust Savings Bank cert 26647$1.66B2.26%51.98%
10Fulton Bank, National Association cert 7551$898.6M1.22%124.74%
11JPMorgan Chase Bank, National Association cert 628$712.3M0.97%187.11%
12Truist Bank cert 9846$620.6M0.85%93.56%
13Univest Bank and Trust Co. cert 7759$484.4M0.66%72.77%
14Asian Bank cert 34759$440.4M0.60%31.19%
15United Savings Bank cert 28836$214.1M0.29%31.19%
16Hyperion Bank cert 58371$205.4M0.28%10.40%
17Meridian Bank cert 57777$145.8M0.20%10.40%
18The Northern Trust Company cert 913$138.1M0.19%10.40%
19Parke Bank cert 34888$135.5M0.18%20.79%
20S&T Bank cert 11124$119.5M0.16%20.79%
21The Bank of Princeton cert 58513$98.1M0.13%31.19%
22Mid Penn Bank cert 9889$97.4M0.13%20.79%
23OceanFirst Bank, National Association cert 28359$80.2M0.11%10.40%
24KeyBank National Association cert 17534$64.1M0.09%10.40%
25Tioga-Franklin Savings Bank cert 33802$60.8M0.08%10.40%
26Port Richmond Savings cert 27385$58.3M0.08%10.40%
27First Citizens Community Bank cert 7593$45.4M0.06%31.19%
28United Bank of Philadelphia cert 33568$42.4M0.06%20.79%
29Tompkins Community Bank cert 609$41.6M0.06%10.40%
30Quaint Oak Bank cert 35497$33.5M0.05%10.40%
31Abacus Federal Savings Bank cert 32257$28.4M0.04%10.40%
32Second Federal Savings and Loan Association of Philadelphia cert 29627$23.5M0.03%10.40%
33Sharon Bank cert 28793$12.4M0.02%10.40%
34The Philadelphia Trust Company cert 35075$5.6M0.01%10.40%
35The Bank of New York Mellon Trust Company, National Association cert 23472$0K0.00%10.40%
36Wilmington Trust, National Association cert 34069$0K0.00%10.40%
37BNY Mellon, National Association cert 7946$0K0.00%10.40%

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