County banking markets / WA / 53057
SkagitWashington
FIPS 53057. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 39 counties in Washington’s 2025 survey.
Concentration, 1994–2025
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 (1,003) and unconcentrated on deposits (1,161).
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
41 branch offices and 14 institutions in 1994; 36 and 13 in 2025. Deposits booked in the county went from $949.3M to $3.45B, nominal.
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.
| # | Institution | Deposits | Deposit share | Branches | Branch share |
|---|---|---|---|---|---|
| 1 | Banner Bank cert 28489 | $778.3M | 22.56% | 5 | 13.89% |
| 2 | Washington Federal Bank cert 28088 | $419.3M | 12.15% | 4 | 11.11% |
| 3 | Peoples Bank cert 6158 | $333.9M | 9.68% | 4 | 11.11% |
| 4 | Heritage Bank cert 29012 | $332.3M | 9.63% | 3 | 8.33% |
| 5 | SAVIBANK cert 57978 | $311.1M | 9.02% | 6 | 16.67% |
| 6 | Bank of America, National Association cert 3510 | $298.4M | 8.65% | 2 | 5.56% |
| 7 | Wells Fargo Bank, National Association cert 3511 | $274.0M | 7.94% | 2 | 5.56% |
| 8 | U.S. Bank National Association cert 6548 | $255.4M | 7.40% | 2 | 5.56% |
| 9 | JPMorgan Chase Bank, National Association cert 628 | $174.5M | 5.06% | 1 | 2.78% |
| 10 | KeyBank National Association cert 17534 | $115.6M | 3.35% | 3 | 8.33% |
| 11 | Mountain Pacific Bank cert 58341 | $73.6M | 2.13% | 1 | 2.78% |
| 12 | Bank of the Pacific cert 23041 | $54.5M | 1.58% | 2 | 5.56% |
| 13 | Umpqua Bank cert 17266 | $29.3M | 0.85% | 1 | 2.78% |
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.