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FinObservatory

County banking markets / WA / 53033

KingWashington

FIPS 53033. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 39 counties in Washington’s 2025 survey.

420
Branch offices
June 30, 2025
40
Institutions
38 in 1994
1,028
Branch-count HHI
unconcentrated (2010 HMG)
1,523
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 (1,028) and moderately concentrated on deposits (1,523).

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

538 branch offices and 38 institutions in 1994; 420 and 40 in 2025. Deposits booked in the county went from $21.80B to $106.38B, nominal.

Branch officesInstitutions
020040060019942000201020202025

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$31.21B29.34%6415.24%
2JPMorgan Chase Bank, National Association cert 628$18.20B17.11%6415.24%
3U.S. Bank National Association cert 6548$12.51B11.76%4310.24%
4Wells Fargo Bank, National Association cert 3511$12.27B11.54%5212.38%
5KeyBank National Association cert 17534$6.04B5.68%5813.81%
6Washington Federal Bank cert 28088$5.71B5.37%266.19%
7Umpqua Bank cert 17266$4.23B3.98%255.95%
8HomeStreet Bank cert 32489$2.70B2.54%204.76%
9East West Bank cert 31628$2.21B2.08%40.95%
10Washington Trust Bank cert 1281$2.14B2.01%20.48%
11Banner Bank cert 28489$1.59B1.50%143.33%
12Zions Bancorporation, N.A. cert 2270$979.2M0.92%20.48%
13Heritage Bank cert 29012$944.6M0.89%61.43%
14Seattle Bank cert 35139$895.6M0.84%10.24%
15HSBC Bank USA, National Association cert 57890$890.2M0.84%20.48%
16Cathay Bank cert 18503$882.1M0.83%40.95%
17BMO Bank National Association cert 16571$528.6M0.50%10.24%
18Northwest Bank cert 58752$308.1M0.29%10.24%
19Sound Community Bank cert 57451$249.5M0.23%30.71%
20Beneficial State Bank cert 58490$183.3M0.17%10.24%
21Pacific Premier Bank, National Association cert 32172$177.7M0.17%30.71%
22Coastal Community Bank cert 34403$167.3M0.16%10.24%
23The Northern Trust Company cert 913$166.2M0.16%10.24%
24Bank of Hope cert 26610$157.9M0.15%20.48%
25First-Citizens Bank & Trust Company cert 11063$150.8M0.14%20.48%
26United Business Bank cert 57716$146.8M0.14%10.24%
271st Security Bank of Washington cert 57633$137.1M0.13%20.48%
28UniBank cert 58407$118.1M0.11%20.48%
29Commencement Bank cert 58446$111.9M0.11%20.48%
30Peoples Bank cert 6158$100.9M0.09%10.24%
31Beal Bank USA cert 57833$57.1M0.05%10.24%
32GBC International Bank cert 22366$45.4M0.04%10.24%
33Timberland Bank cert 28453$45.1M0.04%10.24%
34Mountain Pacific Bank cert 58341$41.3M0.04%10.24%
35First Fed Bank cert 28405$31.3M0.03%10.24%
36First Interstate Bank cert 1105$18.1M0.02%10.24%
37Portage Bank cert 8197$10.5M0.01%10.24%
38American Continental Bank cert 57444$7.3M0.01%10.24%
39Davidson Trust Co. cert 35510$0K0.00%10.24%
40BNY Mellon, National Association cert 7946$0K0.00%10.24%

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