The spring emerged from the large cave which became the center of pagan worship. Beginning in the 3rd century B.C., sacrifices were cast into the cave as offerings to the god Pan.
Pan, the half-man half-goat god of fright (thus “panic”), is often depicted playing the flute. This city known as Panias has been corrupted in the Arabic language to its modern name of Banias.
Apparently known as Baal Hermon and Baal Gad in the Old Testament period, this site later was named Panias after the Greek god Pan who was worshiped here.
There is no record of Jesus entering the city, but the great confession and the transfiguration both occurred in the vicinity of the city (Matt 16:13), then known as Caesarea Philippi.
Source Caesarea Philippi
This great city is where the “Great Confession” and the transfiguration both occurred in the vicinity of the city
17 And Jesus said to him, “Blessed are you, Simon Barjona, because flesh and blood did not reveal this to you, but My Father who is in heaven.
18 “I also say to you that you are Peter, and upon this rock I will build My church; and the gates of Hades will not overpower it.
19 “I will give you the keys of the kingdom of heaven; and whatever you bind on earth shall have been bound in heaven, and whatever you loose on earth shall have been loosed in heaven.
Situated 25 miles north of the Sea of Galilee and at the base of Mt. Hermon, Caesarea Philippi is the location of one of the largest springs feeding the Jordan River.
This abundant water supply has made the area very fertile and attractive for religious worship. Numerous temples were built at this city in the Hellenistic and Roman periods.