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FinObservatory

County banking markets / SC / 45019

CharlestonSouth Carolina

FIPS 45019. 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.

131
Branch offices
June 30, 2025
33
Institutions
13 in 1994
556
Branch-count HHI
unconcentrated (2010 HMG)
964
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 (556) and unconcentrated on deposits (964).

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

110 branch offices and 13 institutions in 1994; 131 and 33 in 2025. Deposits booked in the county went from $2.59B to $18.14B, nominal.

Branch officesInstitutions
05010015019942000201020202025

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
1Wells Fargo Bank, National Association cert 3511$3.63B20.00%1612.21%
2Bank of America, National Association cert 3510$2.69B14.81%107.63%
3SouthState Bank, National Association cert 33555$2.30B12.69%139.92%
4Truist Bank cert 9846$1.18B6.51%86.11%
5Pinnacle Bank cert 35583$1.09B6.01%75.34%
6First-Citizens Bank & Trust Company cert 11063$830.1M4.58%96.87%
7Synovus Bank cert 873$685.3M3.78%53.82%
8First Capital Bank cert 34966$656.5M3.62%21.53%
9Southern First Bank cert 35295$627.5M3.46%21.53%
10Beacon Community Bank cert 59106$624.4M3.44%53.82%
11Fifth Third Bank, National Association cert 6672$446.7M2.46%21.53%
12The Bank of South Carolina cert 26912$406.5M2.24%43.05%
13TD Bank, National Association cert 18409$388.0M2.14%64.58%
14ServisFirst Bank cert 57993$325.3M1.79%10.76%
15JPMorgan Chase Bank, National Association cert 628$293.5M1.62%64.58%
16United Bank cert 22858$291.1M1.60%43.05%
17United Community Bank cert 16889$271.5M1.50%32.29%
18Regions Bank cert 12368$244.9M1.35%21.53%
19South Atlantic Bank cert 58689$220.3M1.21%21.53%
20First Reliance Bank cert 35214$178.7M0.98%21.53%
21PNC Bank, National Association cert 6384$131.9M0.73%21.53%
22First Horizon Bank cert 4977$131.3M0.72%10.76%
23Ameris Bank cert 20504$129.4M0.71%32.29%
24First National Bank of Pennsylvania cert 7888$96.0M0.53%32.29%
25Bank of the Lowcountry cert 27496$59.0M0.33%32.29%
26The Huntington National Bank cert 6560$48.6M0.27%10.76%
27ENCORE BANK cert 34562$40.8M0.23%10.76%
28Enterprise Bank of South Carolina cert 11539$36.7M0.20%10.76%
29First Bank cert 15019$35.7M0.20%10.76%
30First Palmetto Bank cert 28396$25.1M0.14%10.76%
31Dogwood State Bank cert 57095$20.9M0.12%10.76%
32Woodforest National Bank cert 23220$6.2M0.03%32.29%
33Wilmington Trust, National Association cert 34069$0K0.00%10.76%

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.