More than $18 trillion in deposits were held by the 4,431 banks and savings institutions insured by the federal deposit insurance agency at midyear, with nearly 83% of that held by the 157 institutions with more than $10 billion each in assets, the insurance agency said Friday.
The annual Summary of Deposits (SOD) for all Federal Deposit Insurance Corp. (FDIC) insured institutions, as of June 30, shows that, overall, deposits at banks grew by $697 billion since the year before, or 4%, to $18.1 trillion. The number of banks with $10 billion or more in assets at that time contracted by just one (from 158). Still, the very large banks held onto their share of all deposits of about 83%.
By contrast, the smallest category of banks – those with less than $25 million in assets – showed their deposit levels falling by nearly 34% (from $1.37 billion to $909 million) over the year. There were 53 very small banks at the end of mid-year 2024, compared to 51 at mid-year 2025, the FDIC said.
The SOD provides deposit totals for each of the more than 76,000 domestic offices operated by all the FDIC-insured commercial and savings banks, savings associations, and U.S. branches of foreign banks, the FDIC said.
FDIC Releases Results of Summary of Deposits Annual Survey
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