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Deposit Marketshare
Deposit Market Share for Selected Markets
Current Ownership, including Bank, Savings Bank, Thrift Branches
Ownership as of 6/2/2020, Branches and Deposits as of 6/30/2019

STATE: South Carolina
2019 Rank2018 RankInstitution (Headquarters)Type2019 Number of Branches2019 Total Deposits in Market ($M)2019 Total Market Share (%)2018 Total Deposits in Market ($M)2018 Total Market Share (%)
11Wells Fargo & Co. (CA)Bank12316,975.718.9916,762.919.50
22Bank of America Corporation (NC)Bank7713,377.914.9712,604.714.67
33Truist Financial Corp. (NC)Bank12911,683.413.0711,372.813.23
44First Citizens BancShares Inc. (NC)Bank1368,114.39.087,901.39.19
55South State Corporation (SC)Bank947,333.38.207,053.08.21
66Toronto-Dominion BankBank604,811.85.384,642.55.40
77Synovus Financial Corp. (GA)Bank372,939.83.292,918.73.40
88United Community Banks Inc. (GA)Bank361,750.81.961,692.01.97
99United Bankshares Inc. (WV)Bank261,732.91.941,654.01.92
1010Southern First Bancshares Inc (SC)Bank101,697.61.901,516.81.76
3030Bank of South Carolina Corp. (SC)Bank5384.90.43383.30.45
  Total for institutions in market

 1,19889,383.8 85,947.3 

MSA: Charleston-North Charleston, SC
2019 Rank2018 RankInstitution (Headquarters)Type2019 Number of Branches2019 Total Deposits in Market ($M)2019 Total Market Share (%)2018 Total Deposits in Market ($M)2018 Total Market Share (%)
11Wells Fargo & Co. (CA)Bank233,403.823.093,267.123.44
22Bank of America Corporation (NC)Bank152,302.515.622,195.715.75
33South State Corporation (SC)Bank221,888.612.811,777.512.75
44Truist Financial Corp. (NC)Bank221,503.110.201,417.910.17
55First Citizens BancShares Inc. (NC)Bank16962.56.53931.96.69
67United Bankshares Inc. (WV)Bank8732.34.97677.24.86
76Synovus Financial Corp. (GA)Bank9646.54.39697.35.00
88Pinnacle Financial Partners (TN)Bank10599.64.07571.64.10
911Southern First Bancshares Inc (SC)Bank3430.32.92351.52.52
109Toronto-Dominion BankBank6389.72.64413.52.97
1110Bank of South Carolina Corp. (SC)Bank5384.92.61383.32.75
  Total for institutions in market

 18814,740.3 13,937.0 

COUNTY: Charleston, SC
2019 Rank2018 RankInstitution (Headquarters)Type2019 Number of Branches2019 Total Deposits in Market ($M)2019 Total Market Share (%)2018 Total Deposits in Market ($M)2018 Total Market Share (%)
11Wells Fargo & Co. (CA)Bank182,967.725.272,856.425.82
22Bank of America Corporation (NC)Bank111,956.616.661,865.616.86
33South State Corporation (SC)Bank161,466.412.491,373.512.42
44Truist Financial Corp. (NC)Bank141,065.89.081,003.69.07
56United Bankshares Inc. (WV)Bank4576.94.91520.04.70
65Synovus Financial Corp. (GA)Bank6519.74.43556.05.03
77First Citizens BancShares Inc. (NC)Bank9512.64.37512.34.63
88Pinnacle Financial Partners (TN)Bank7512.44.36491.74.44
910Southern First Bancshares Inc (SC)Bank2430.33.66351.53.18
109Toronto-Dominion BankBank5351.12.99378.63.42
1111Bank of South Carolina Corp. (SC)Bank4338.12.88329.32.98
  Total for institutions in market

 12511,742.5 11,063.0 

COUNTY: Dorchester, SC
2019 Rank2018 RankInstitution (Headquarters)Type2019 Number of Branches2019 Total Deposits in Market ($M)2019 Total Market Share (%)2018 Total Deposits in Market ($M)2018 Total Market Share (%)
12Wells Fargo & Co. (CA)Bank3263.915.77242.814.97
21Bank of America Corporation (NC)Bank3260.615.57248.115.30
33First Citizens BancShares Inc. (NC)Bank3242.314.48233.214.38
44South State Corporation (SC)Bank3216.312.93207.812.81
56Truist Financial Corp. (NC)Bank4149.18.91134.88.31
65United Bankshares Inc. (WV)Bank3132.67.92137.98.50
77FNB Corp. (SC)Bank4101.16.04104.06.41
89Pinnacle Financial Partners (TN)Bank259.13.5348.22.97
98Bank of South Carolina Corp. (SC)Bank146.82.8054.13.33
1010Synovus Financial Corp. (GA)Bank139.02.3348.22.97
  Total for institutions in market

 351,673.4 1,622.0 

CITY: Mount Pleasant, SC
2019 Rank2018 RankInstitution (Headquarters)Type2019 Number of Branches2019 Total Deposits in Market ($M)2019 Total Market Share (%)2018 Total Deposits in Market ($M)2018 Total Market Share (%)
11Wells Fargo & Co. (CA)Bank41,002.129.88843.329.18
22Bank of America Corporation (NC)Bank3474.414.15445.815.43
33South State Corporation (SC)Bank5347.510.36344.211.91
44Truist Financial Corp. (NC)Bank4330.39.85282.09.76
55Pinnacle Financial Partners (TN)Bank2308.19.19175.16.06
67Southern First Bancshares Inc (SC)Bank1117.23.5081.02.80
76First Citizens BancShares Inc. (NC)Bank2105.13.13102.63.55
89Toronto-Dominion BankBank194.92.8374.12.56
912First Horizon National Corp. (TN)Bank192.92.7759.42.05
108Bank of South Carolina Corp. (SC)Bank172.32.1674.62.58
  Total for institutions in market

 363,353.3 2,889.9 

CITY: Charleston, SC
2019 Rank2018 RankInstitution (Headquarters)Type2019 Number of Branches2019 Total Deposits in Market ($M)2019 Total Market Share (%)2018 Total Deposits in Market ($M)2018 Total Market Share (%)
11Wells Fargo & Co. (CA)Bank81,634.122.791,701.124.41
22Bank of America Corporation (NC)Bank51,294.318.051,234.417.71
33South State Corporation (SC)Bank8933.113.01848.012.17
44Truist Financial Corp. (NC)Bank7567.37.91553.87.95
55United Bankshares Inc. (WV)Bank3518.07.22461.56.62
66Synovus Financial Corp. (GA)Bank4383.75.35398.75.72
79Southern First Bancshares Inc (SC)Bank1313.04.37270.43.88
810Bank of South Carolina Corp. (SC)Bank3265.93.71254.73.65
97Toronto-Dominion BankBank4256.23.57304.54.37
1011First Citizens BancShares Inc. (NC)Bank3243.33.39246.03.53
  Total for institutions in market

 637,170.1 6,968.6 

CITY: Summerville, SC
2019 Rank2018 RankInstitution (Headquarters)Type2019 Number of Branches2019 Total Deposits in Market ($M)2019 Total Market Share (%)2018 Total Deposits in Market ($M)2018 Total Market Share (%)
11Wells Fargo & Co. (CA)Bank3263.919.71242.818.94
22Bank of America Corporation (NC)Bank2199.214.87187.214.61
33First Citizens BancShares Inc. (NC)Bank3169.812.68157.012.25
44South State Corporation (SC)Bank2138.510.34134.510.49
55Truist Financial Corp. (NC)Bank3127.79.53114.38.91
66United Bankshares Inc. (WV)Bank291.16.8094.17.34
77FNB Corp. (SC)Bank382.96.1981.86.38
88Bank of South Carolina Corp. (SC)Bank146.83.4954.14.22
912Pinnacle Financial Partners (TN)Bank144.23.3032.82.56
109Synovus Financial Corp. (GA)Bank139.02.9148.23.76
  Total for institutions in market

 291,339.4 1,282.0 


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