20 banks with the largest quarterly deposit declines

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The five banks with the largest deposit declines in the fourth quarter of 2024 saw an average change of 8.4% from the third quarter. These five banks had an average of $18.842 billion in deposits in the fourth quarter. 

Read more about the 20 largest quarter-on-quarter deposit declines. 

Source: S&P

Banks with the largest QOQ deposit declines

Rank Company QOQ change YOY change Total deposits Total assets
19 (tie) Amerant Bank -3.2% -0.5% $7.85B $9.9B
19 (tie) Home Federal Bank -3.2% -6.4% $0.55B $0.61B
18 1st Security Bank -3.6% -7.3% $2.34B $3.03B
17 Five Star Bank -3.8% -2.1% $5.1B $6.11B
16 Summit State Bank -4% -4.7% $0.96B $1.07B
13 (tie) Primis Bank -4.1% -3% $3.17B $3.7B
13 (tie) Premier Bank -4.1% -4.1% $6.85B $8.58
13 (tie) Village Bank & Trust -4.1% -2.3% $0.72B $0.76B
12 First Foundation Bank -4.2% -7.7% $9.87B $12.65B
9 (tie) Middlefield Banking Company -4.4% 1.4% $1.45B $1.85B
9 (tie) Metropolitan Commercial Bank -4.4% 3.3% $5.98B $7.3B
9 (tie) FVCbank -4.4% 1.4% $1.87B $2.2B
7 (tie) Community Bank -5.2% 1.3% $1.28B $1.48B
7 (tie) Flushing Bank -5.2% 5.3% $7.18B $9.04B
6 Amalgamated Bank -5.5% 2.4% $7.18B $8.26B
5 Blue Ridge Bank -7.1% -15.1% $2.18B $2.74B
4 Merchants Bank -7.5% -15.2% $11.92B $18.81B
3 Flagstar Bank -8.6% -6.9% $75.87B $100.19B
2 California Bank of Commerce -9.1% 7.9% $3.4B $4.03B
1 Sound Community Bank -9.9% 1.4% $0.84B $0.99B
Chart showing banks with the largest QOQ deposit declines where Amerant Bank tied for 19th.
Amerant Bank tied for 19th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Home Federal Bank tied for 19th.
Home Federal Bank tied for 19th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where 1st Security Bank ranked 18th.
1st Security Bank ranked 18th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Five Star Bank ranked 17th.
Five Star Bank ranked 17th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Summit State Bank ranked 16th.
Summit State Bank ranked 16th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Premis Bank tied for 13th.
Primis Bank tied for 13th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Premier Bank tied for 13th.
Premier Bank tied for 13th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Village Bank & Trust tied for 13th.
Village Bank & Trust tied for 13th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where First Foundation Bank ranked 12th.
First Foundation Bank ranked 12th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Middlefield Banking Company tied for 9th.
Middlefield Banking Company tied for 9th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Metrofield Commercial Bank tied for 9th.
Metropolitan Commercial Bank tied for 9th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where FVCBank tied for 9th.
FVCBank tied for 9th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Community Bank tied for 7th.
Community Bank tied for 7th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Flushing Bank tied for 7th.
Flushing Bank tied for 7th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Amalgamated Bank ranked 6th.
Amalgamated Bank ranked 6th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Blue Ridge Bank ranked 5th.
Blue Ridge Bank ranked 5th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Merchants Bank ranked 4th.
Merchants Bank ranked 4th for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Flagstar Bank ranked 3rd.
Flagstar Bank ranked 3rd for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where California Bank of Commerce ranked 2nd.
California Bank of Commerce ranked 2nd for banks with the largest quarterly deposit declines.
Chart showing banks with the largest QOQ deposit declines where Sound Community Bank ranked 1st.
Sound Community Bank ranked 1st for banks with the largest quarterly deposit declines.
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