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TowneBank
TowneBank
| RSSD ID 2797724 | CERTIFICATE 35095 | ABA NUMBER 51408949 |
| 5716 High St W |
Quarter Ended : |
2025-12-31 |
| Portsmouth, Virginia, 23703 |
Updated : |
2026-01-30 |
| www.townebank.com |
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| Institution Profile |
| Year Opened : |
1999 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
74 |
Number of Employees : |
2,847 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 19,687,341 |
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Total Interest Income | 846,475 |
| Total Liabilities | 17,258,333 |
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Total NonInterest Income | 328,781 |
| Total Bank Equity Capital | 2,422,066 |
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Total Interest Expense | 282,653 |
| Total Deposits | 16,603,306 |
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Total NonInterest Expense | 658,904 |
| Net Loans & Leases | 13,188,462 |
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Net Income | 169,527 |
| Loan Loss Allowance | 147,343 |
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Net Charge Offs | 2,846 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 2,220,207 |
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Total loans | 13,540,580 |
| Total assets for the leverage ratio | 19,094,951 |
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Loans secured by real estate: | 10,796,932 |
| Tier 1 Leverage Ratio | 9.36 |
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Commercial and industrial loans | 1,402,837 |
| Tier 1 Capital Ratio | 11.39 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.14 |
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Loans to individuals - Other | 703,972 |
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