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FinObservatory

County banking markets / SC / 45051

HorrySouth Carolina

FIPS 45051. 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.

106
Branch offices
June 30, 2025
21
Institutions
15 in 1994
680
Branch-count HHI
unconcentrated (2010 HMG)
758
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 (680) and unconcentrated on deposits (758).

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

76 branch offices and 15 institutions in 1994; 106 and 21 in 2025. Deposits booked in the county went from $1.66B to $11.97B, 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
1The Conway National Bank cert 2102$1.44B12.07%1413.21%
2Anderson Brothers Bank cert 9923$1.23B10.26%109.43%
3Truist Bank cert 9846$1.13B9.46%109.43%
4Wells Fargo Bank, National Association cert 3511$1.09B9.08%76.60%
5TD Bank, National Association cert 18409$999.0M8.35%76.60%
6Bank of America, National Association cert 3510$988.7M8.26%54.72%
7South Atlantic Bank cert 58689$797.6M6.66%43.77%
8Coastal Carolina National Bank cert 58864$743.6M6.21%43.77%
9United Bank cert 22858$653.6M5.46%76.60%
10SouthState Bank, National Association cert 33555$557.5M4.66%65.66%
11United Community Bank cert 16889$509.9M4.26%65.66%
12Pinnacle Bank cert 35583$476.4M3.98%32.83%
13First-Citizens Bank & Trust Company cert 11063$431.0M3.60%54.72%
14Synovus Bank cert 873$398.9M3.33%32.83%
15The Citizens Bank cert 15932$172.0M1.44%54.72%
16First Palmetto Bank cert 28396$164.7M1.38%43.77%
17PNC Bank, National Association cert 6384$113.3M0.95%10.94%
18JPMorgan Chase Bank, National Association cert 628$30.1M0.25%10.94%
19First Reliance Bank cert 35214$21.7M0.18%10.94%
20Carolina Bank & Trust Co. cert 16723$12.5M0.10%10.94%
21Woodforest National Bank cert 23220$7.5M0.06%21.89%

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.