Market Intelligence

San Jose-San Francisco-Oakland, CA

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026
Market Intelligence › San Jose-San Francisco-Oakland, CA

San Jose-San Francisco-Oakland, CA, a Combined Statistical Area, holds $738.0 billion in deposits across 80 insured institutions and 1,406 branches, and ranks #3 of 293 U.S. markets by economic output. Bank of America is the largest deposit holder at 38.5% share. The top three banks hold 69% of deposits, which places the market in the Concentrated band. Deposits have declined 16.1% since 2021 while the branch count fell by 14.0%.

Economic scale
2024 Real GDP
$1,216.3B
#3 of 293
Population
9.14M
#5 of 293
GDP per Capita
$133,067
#2 of 293
Deposit market
Deposits (SOD, 6/30/26)
$738.0B
#6 of 293
Deposits per Capita
$80,744
#9 of 293
Deposits per Branch
$525M
#5 of 293
Competitive structure
Insured Institutions
80
#15 of 293
Branches per 100k Pop.
15.4
#259 of 293
Median Deposits per Institution
$746M
The median deposits booked by a single institution in the market. #10 of 293. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
13.3%
of market deposits held by banks with $100M to $100B in assets. #288 of 293. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Concentrated
69%
The combined deposit share of the top three banks by deposits in the market. A lower share means deposits are spread across more institutions.

Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.

Deposit trend

Market Deposits (SOD, 2021 to 2026) -16.1% over 5 years
$879.2B
2021
$921.8B
2022
$678.4B
2023
$649.4B
2024
$677.6B
2025
$738.0B
2026
Deposits moved -26.4% between 2022 and 2023, alongside a sharp shift in concentration. Large single-institution changes usually reflect where balances are booked, following a merger, acquisition, or internal reorganization, rather than lending or deposit-gathering in the local economy. Read this trend with that in mind.

Branches: 1,635 in 2021 to 1,406 in 2026. Institutions: 85 to 80. Top-three share: 59% to 69%. Average deposits per branch: $525M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
deposits
Bank of America$283.9B38.5%173+17%
Wells Fargo Bank$137.6B18.7%2080%
JPMorgan Chase Bank$86.9B11.8%215-37%
First-Citizens Bank & Trust Company$44.1B6.0%8-68%
Citibank$25.2B3.4%91-20%
U.S. Bank$17.7B2.4%110-25%
BMO Bank$16.5B2.2%105-54%
Bank of America California$12.3B1.7%1-47%
Western Alliance Bank$10.1B1.4%3-2%
East West Bank$9.1B1.2%21+73%
Fifth Third Bank$8.9B1.2%32-41%
Citizens Bank$8.4B1.1%4no 2021 presence
HSBC Bank USA$5.6B0.8%3-48%
Fremont Bank$5.2B0.7%21+6%
Mechanics Bank$4.9B0.7%34-7%
Citizens Business Bank$4.8B0.7%19+7%
Farmers & Merchants Bank of Central California$4.3B0.6%25+14%
PNC Bank$3.8B0.5%21+112%
Bank of Stockton$3.3B0.4%17+3%
City National Bank$3.3B0.4%8-29%
Cathay Bank$2.6B0.4%16+9%
Bank of Marin$2.5B0.3%16+6%
Westamerica Bank$2.5B0.3%35-23%
EverBank$2.4B0.3%16+34%
Avidbank$2.3B0.3%1+62%
Valley National Bank$2.0B0.3%1+133%
CTBC Bank Corp. (USA)$1.8B0.2%3+82%
Zions Bancorporation$1.7B0.2%12-12%
Poppy Bank$1.7B0.2%17+56%
Tri Counties Bank$1.7B0.2%15+15%
West Coast Community Bank$1.5B0.2%6+10%
Oak Valley Community Bank$1.3B0.2%13+13%
California Bank of Commerce$1.3B0.2%1-24%
Columbia Bank$1.1B0.2%13-48%
United Business Bank$1.0B0.1%10+9%
Bank of the Orient$1.0B0.1%7+46%
Beneficial State Bank$840M0.1%1+70%
The Northern Trust Company$809M0.1%3+22%
Commercial Bank of California$783M0.1%4+12%
WaFd Bank$750M0.1%3-29%
Bank of San Francisco$741M0.1%2+35%
Five Star Bank$728M0.1%2no 2021 presence
BAC Community Bank$673M0.1%8-6%
Pacific Coast Bankers' Bank$653M0.1%1-43%
Pinnacle Bank$618M0.1%3+32%
Industrial and Commercial Bank of China USA$548M0.1%5-4%
First Bank$535M0.1%7-17%
First Northern Bank of Dixon$452M0.1%4-10%
Amalgamated Bank$436M0.1%1+1,071%
State Bank of India (California)$379M0.1%2+77%
Preferred Bank$352M<0.1%2+17%
Bank of Hope$345M<0.1%1-13%
Community West Bank$334M<0.1%5+28%
Hanmi Bank$328M<0.1%2+33%
Golden Bank$256M<0.1%3+5,416%
EverTrust Bank$242M<0.1%2+42%
Mission National Bank$237M<0.1%1+30%
Safra National Bank of New York$226M<0.1%2no 2021 presence
Summit Bank$208M<0.1%4-29%
Gateway Bank, F.S.B.$204M<0.1%2+49%
Metropolitan Bank$195M<0.1%4+13%
First Commercial Bank (USA)$187M<0.1%3+59%
First Federal Savings and Loan Association of San Rafael$178M<0.1%4-2%
Flagstar Bank$162M<0.1%1-94%
Liberty Bank$159M<0.1%3-38%
Beacon Business Bank$134M<0.1%2-2%
GBC International Bank$131M<0.1%2+2%
Bank of Guam$108M<0.1%1+124%
Open Bank$87M<0.1%1+12%
California Pacific Bank$59M<0.1%2+34%
Altos Bank$50M<0.1%1no 2021 presence
Southwestern National Bank$40M<0.1%1no 2021 presence
Sunflower Bank$18M<0.1%1-82%
Pacific Valley Bank$18M<0.1%1no 2021 presence
Monet Bank$7M<0.1%1+27%
Exchange Bank$2M<0.1%2no 2021 presence
Happen Bank$0M0.0%1no 2021 presence
The Bank of New York Mellon$0M0.0%1no 2021 presence
BNY Mellon$0M0.0%2no 2021 presence
CIBC National Trust Company$0M0.0%1no 2021 presence

The 80 insured institutions with a branch presence in this market, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s deposits in 2021 and 2026. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this market that year. Deposit figures are nominal and are not adjusted for inflation.

Counties in this market

CountyStateGDP PopulationShare of Market GDP Share of Market Deposits
Santa Clara CountyCalifornia$399.2B1,914,39132.8%23.6%
San Francisco CountyCalifornia$233.9B826,07919.2%45.8%
San Mateo CountyCalifornia$196.8B743,56816.2%5.3%
Alameda CountyCalifornia$149.1B1,636,63012.3%9.4%
Contra Costa CountyCalifornia$76.9B1,170,0706.3%6.9%
San Joaquin CountyCalifornia$35.1B823,8152.9%2.1%
Solano CountyCalifornia$29.9B455,3762.5%0.9%
Marin CountyCalifornia$29.9B253,6942.5%2.2%
Stanislaus CountyCalifornia$24.8B557,7192.0%1.6%
Santa Cruz CountyCalifornia$16.7B258,8521.4%1.1%
Napa CountyCalifornia$11.3B132,9490.9%0.6%
Merced CountyCalifornia$10.3B297,2600.8%0.5%
San Benito CountyCalifornia$2.5B70,0820.2%0.2%

Recruiting in the San Jose-San Francisco-Oakland market

Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like this one.

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Other markets in California

All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.