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FinObservatory

County banking markets / SC / 45013

BeaufortSouth Carolina

FIPS 45013. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 46 counties in South Carolina’s 2025 survey.

52
Branch offices
June 30, 2025
20
Institutions
12 in 1994
710
Branch-count HHI
unconcentrated (2010 HMG)
1,121
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 (710) and unconcentrated on deposits (1,121).

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

46 branch offices and 12 institutions in 1994; 52 and 20 in 2025. Deposits booked in the county went from $964.8M to $6.55B, nominal.

Branch officesInstitutions
02040608019942000201020202025

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
1Coastal States Bank cert 57756$1.17B17.91%59.62%
2Wells Fargo Bank, National Association cert 3511$957.4M14.61%59.62%
3Bank of America, National Association cert 3510$864.5M13.19%35.77%
4SouthState Bank, National Association cert 33555$856.6M13.07%611.54%
5Truist Bank cert 9846$644.6M9.84%59.62%
6TD Bank, National Association cert 18409$614.2M9.37%59.62%
7First-Citizens Bank & Trust Company cert 11063$247.5M3.78%23.85%
8South Atlantic Bank cert 58689$247.3M3.77%35.77%
9Regions Bank cert 12368$214.2M3.27%35.77%
10Palmetto State Bank cert 17563$155.9M2.38%35.77%
11Ameris Bank cert 20504$145.7M2.22%11.92%
12Synovus Bank cert 873$104.2M1.59%23.85%
13First Federal Bank cert 31313$101.9M1.56%23.85%
14Pinnacle Bank cert 35583$63.5M0.97%11.92%
15PNC Bank, National Association cert 6384$51.2M0.78%11.92%
16First Century Bank, National Association cert 57123$48.9M0.75%11.92%
17United Community Bank cert 16889$41.6M0.64%11.92%
18Fifth Third Bank, National Association cert 6672$17.3M0.26%11.92%
19Woodforest National Bank cert 23220$2.4M0.04%11.92%
20AMG National Trust Bank cert 57295$0K0.00%11.92%

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