Market Intelligence

San Jose-San Francisco-Oakland, CA

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market Intelligence › San Jose-San Francisco-Oakland, CA

San Jose-San Francisco-Oakland, CA, a Combined Statistical Area, holds $677.6 billion in deposits across 84 insured institutions and 1,420 branches, ranking #3 of 293 U.S. markets by economic output. Bank of America is the largest deposit holder at 36.3% share. The top three institutions hold 68.4% of deposits, which places the market in the concentrated band. Deposits have declined 7.9% since 2020 while the branch count fell by 18.1%.

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
Total Deposits
$677.6B
#7 of 293
Deposits per Capita
$74,132
#10 of 293
Deposits per Branch
$477M
#5 of 293
Competitive structure
Insured Institutions
84
#14 of 293
Branches per 100k Pop.
15.5
#258 of 293
Median Deposits per Institution
$579M
The median deposits booked by a single institution in the market. #17 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
9.8%
of market deposits held by banks with $100M to $50B in assets. #286 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 Deposit Share: concentrated
68.4%
The combined deposit share of the three largest institutions 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

Total market deposits (nominal), 2020 to 2025 -7.9% over 5 years
$735.4B
2020
$879.2B
2021
$921.9B
2022
$678.4B
2023
$649.4B
2024
$677.6B
2025
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: 1,733 in 2020 to 1,420 in 2025. Institutions: 84 to 84. Top-three share: 58.5% to 68.4%. Deposits per branch: $477M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
Bank of America$245.7B36.3%175+9%
Wells Fargo Bank$135.1B19.9%2140%
JPMorgan Chase Bank$82.7B12.2%222-23%
First-Citizens Bank & Trust Company$39.2B5.8%8+81,196%
Citibank$27.9B4.1%93+4%
U.S. Bank$18.0B2.7%111-21%
BMO Bank$17.4B2.6%105-48%
Bank of America California$12.6B1.9%1-31%
East West Bank$8.5B1.3%22+75%
Western Alliance Bank$8.5B1.2%2+19%
Comerica Bank$7.3B1.1%33-38%
HSBC Bank USA$5.6B0.8%3-39%
Fremont Bank$5.1B0.8%21+13%
Mechanics Bank$4.7B0.7%33+2%
Heritage Bank of Commerce$4.6B0.7%17+18%
Farmers & Merchants Bank of Central California$4.1B0.6%25+24%
Citizens Bank$3.7B0.5%2no 2020 presence
Bank of Stockton$3.2B0.5%17+15%
PNC Bank$2.9B0.4%21+49%
City National Bank$2.9B0.4%8-23%
Westamerica Bank$2.5B0.4%36-13%
Cathay Bank$2.4B0.4%16+11%
Bank of Marin$2.4B0.4%16-4%
Avidbank$2.0B0.3%1+59%
Poppy Bank$1.6B0.2%12+111%
EverBank$1.6B0.2%19no 2020 presence
Zions Bancorporation$1.5B0.2%12-16%
Tri Counties Bank$1.5B0.2%15+12%
Valley National Bank$1.5B0.2%1no 2020 presence
West Coast Community Bank$1.4B0.2%6+23%
CTBC Bank Corp. (USA)$1.3B0.2%3+24%
Oak Valley Community Bank$1.2B0.2%12+35%
California Bank of Commerce$1.2B0.2%1no 2020 presence
Umpqua Bank$1.1B0.2%13-41%
United Business Bank$996M0.1%10+11%
Washington Federal Bank$943M0.1%3no 2020 presence
Bank of the Orient$861M0.1%7+18%
Beneficial State Bank$853M0.1%1+58%
The Northern Trust Company$773M0.1%3-4%
Commercial Bank of California$760M0.1%4no 2020 presence
BAC Community Bank$693M0.1%8+3%
Bank of San Francisco$582M0.1%1+11%
Pinnacle Bank$576M0.1%3+36%
First Bank$538M0.1%7-3%
Industrial and Commercial Bank of China USA$475M0.1%5-24%
Five Star Bank$455M0.1%1no 2020 presence
First Northern Bank of Dixon$449M0.1%4+2%
Pacific Coast Bankers' Bank$439M0.1%1-56%
Amalgamated Bank$397M0.1%1+885%
Flagstar Bank$392M0.1%2-78%
State Bank of India (California)$340M0.1%2+52%
Bank of Hope$319M0.0%1-23%
Hanmi Bank$316M0.0%2+32%
Preferred Bank$304M0.0%2+4%
Community West Bank$275M0.0%4+34%
Golden Bank$261M0.0%3no 2020 presence
EverTrust Bank$238M0.0%2+71%
Summit Bank$222M0.0%3-14%
Gateway Bank, F.S.B.$220M0.0%2+97%
Metropolitan Bank$204M0.0%4+45%
Mission National Bank$194M0.0%1-6%
First Federal Savings and Loan Association of San Rafael$184M0.0%4+18%
First Commercial Bank (USA)$174M0.0%3+68%
Safra National Bank of New York$173M0.0%1no 2020 presence
GBC International Bank$148M0.0%2+8%
Liberty Bank$148M0.0%3no 2020 presence
Beacon Business Bank, National Association$141M0.0%2+2%
Citizens Business Bank$108M0.0%3+616%
Open Bank$80M0.0%1+85%
California Pacific Bank$56M0.0%2+10%
Bank of Guam$53M0.0%1+2%
Southwestern National Bank$34M0.0%1no 2020 presence
HomeStreet Bank$30M0.0%1-44%
Mission Bank$27M0.0%1+80%
First Foundation Bank$22M0.0%1-71%
Altos Bank$17M0.0%1no 2020 presence
CIBC Bank USA$17M0.0%1no 2020 presence
United Security Bank$12M0.0%1-29%
Monet Bank$8M0.0%1+38%
Exchange Bank$0M0.0%2no 2020 presence
LendingClub Bank$0M0.0%1no 2020 presence
The Bank of New York Mellon$0M0.0%1no 2020 presence
BNY Mellon$0M0.0%2no 2020 presence
CIBC National Trust Company$0M0.0%1no 2020 presence

The 84 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution’s deposits in 2020 and 2025. 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 2020 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%23.4%
San Francisco CountyCalifornia$233.9B826,07919.2%44.1%
San Mateo CountyCalifornia$196.8B743,56816.2%5.5%
Alameda CountyCalifornia$149.1B1,636,63012.3%9.9%
Contra Costa CountyCalifornia$76.9B1,170,0706.3%7.6%
San Joaquin CountyCalifornia$35.1B823,8152.9%2.2%
Solano CountyCalifornia$29.9B455,3762.5%1.0%
Marin CountyCalifornia$29.9B253,6942.5%2.2%
Stanislaus CountyCalifornia$24.8B557,7192.0%1.7%
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.