The 2022 Summary of Deposits article evaluates deposit and office trends by bank asset size group, community and noncommunity bank designation, and county type. A special feature analyzes office openings and closings in locations that experienced high in- and out-migration during the COVID-19 pandemic. Responses from the 2022 Summary of Deposits survey reflected a moderation in deposit growth following extraordinary growth in 2020 and 2021. The moderation in the annual deposit growth rate came with a slight deceleration in bank office closures. More than two years since the onset of the COVID-19 pandemic, migration patterns may be influencing office locations.
Last Updated: November 19, 2025