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FinObservatory

County banking markets / WA / 53067

ThurstonWashington

FIPS 53067. 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.

47
Branch offices
June 30, 2025
15
Institutions
15 in 1994
928
Branch-count HHI
unconcentrated (2010 HMG)
974
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 (928) and unconcentrated on deposits (974).

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

62 branch offices and 15 institutions in 1994; 47 and 15 in 2025. Deposits booked in the county went from $1.26B to $5.18B, nominal.

Branch officesInstitutions
02040608019942000201020202025

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
1Heritage Bank cert 29012$784.5M15.15%48.51%
2Olympia Federal Savings and Loan Association cert 28599$669.8M12.94%714.89%
3Bank of America, National Association cert 3510$642.0M12.40%36.38%
4Timberland Bank cert 28453$518.6M10.02%612.77%
5JPMorgan Chase Bank, National Association cert 628$479.4M9.26%36.38%
6KeyBank National Association cert 17534$431.6M8.34%612.77%
7Umpqua Bank cert 17266$408.0M7.88%510.64%
8Wells Fargo Bank, National Association cert 3511$361.1M6.97%36.38%
9U.S. Bank National Association cert 6548$255.8M4.94%24.26%
10Commencement Bank cert 58446$173.5M3.35%12.13%
11First-Citizens Bank & Trust Company cert 11063$169.9M3.28%12.13%
121st Security Bank of Washington cert 57633$120.5M2.33%24.26%
13HomeStreet Bank cert 32489$96.4M1.86%12.13%
14Washington Federal Bank cert 28088$65.6M1.27%24.26%
15Bank of the Pacific cert 23041$1.2M0.02%12.13%

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.