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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 |