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FinObservatory

County banking markets / SC / 45077

PickensSouth Carolina

FIPS 45077. 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.

29
Branch offices
June 30, 2025
15
Institutions
10 in 1994
797
Branch-count HHI
unconcentrated (2010 HMG)
1,368
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 (797) and unconcentrated on deposits (1,368).

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

30 branch offices and 10 institutions in 1994; 29 and 15 in 2025. Deposits booked in the county went from $705.2M to $2.86B, nominal.

Branch officesInstitutions
01020304019942000201020202025

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
1Truist Bank cert 9846$717.1M25.09%310.34%
2Wells Fargo Bank, National Association cert 3511$399.9M13.99%310.34%
3SouthState Bank, National Association cert 33555$357.5M12.51%310.34%
4Bank of America, National Association cert 3510$353.0M12.35%26.90%
5First-Citizens Bank & Trust Company cert 11063$333.9M11.69%310.34%
6TD Bank, National Association cert 18409$201.7M7.06%310.34%
7Pickens Savings and Loan Association, FA cert 31089$114.1M3.99%26.90%
8First Community Bank cert 34047$111.1M3.89%13.45%
9Pinnacle Bank cert 35583$63.1M2.21%13.45%
10The Park National Bank cert 6653$58.9M2.06%13.45%
11United Community Bank cert 16889$49.6M1.73%13.45%
12JPMorgan Chase Bank, National Association cert 628$42.4M1.48%13.45%
13Oconee Federal Savings and Loan Association cert 30111$26.7M0.94%13.45%
14Blue Ridge Bank cert 17773$22.5M0.79%26.90%
15Woodforest National Bank cert 23220$6.2M0.22%26.90%

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.