Bank of America Corp. extended its lead as the largest U.S. bank by total deposits, according to the Federal Deposit Insurance Corp.'s 2019 Summary of Deposits.

Deposits at the Charlotte-based bank increased 2.9% year over year to $1.365 trillion as of June 30. JPMorgan Chase & Co., the country's No. 2 bank by deposits, saw its deposits fall 0.4% to $1.311 trillion.

SunTrust Banks Inc., which announced a blockbuster deal with BB&T Corp. on Feb. 7, also reported a 1.6% year-over-year decrease in deposits, more than offsetting BB&T's 1.0% increase. The merger is expected to make the combined company, which will be called Truist Financial Corp., the sixth-largest bank holding company in the U.S.

Fifth Third Bancorp's deposits jumped 20.1% year over year, the largest increase among the top 15 bank holding companies by deposits. The increase was largely due to the completed acquisition of Chicago-based MB Financial Inc.

Two other banks not traditionally seen as retail-focused also managed to show significant year-over-year gains in deposits. Bank of New York Mellon Corp.'s deposits rose 16.6% to $162.05 billion following three consecutive years of declines, while Goldman Sachs Group Inc. reported a 9.6% increase in its deposits to $139.98 billion, following a 20.6% increase in 2018. Goldman continues to bolster its presence in the consumer banking space with its Marcus savings account offering.

Across the U.S., total deposits rose 4.1% to $12.813 trillion. Branches continued to decline for the 10th year in a row, falling to 86,374, down from 2009's peak of 99,550.