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TowneBank
TowneBank
| RSSD ID 2797724 | CERTIFICATE 35095 | ABA NUMBER 51408949 |
| 5716 High St W |
Quarter Ended : |
2025-09-30 |
| Portsmouth, Virginia, 23703 |
Updated : |
2025-10-30 |
| 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 : |
2,916 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 19,682,522 |
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Total Interest Income | 615,750 |
| Total Liabilities | 17,277,492 |
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Total NonInterest Income | 253,034 |
| Total Bank Equity Capital | 2,397,526 |
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Total Interest Expense | 210,949 |
| Total Deposits | 16,627,210 |
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Total NonInterest Expense | 477,828 |
| Net Loans & Leases | 13,229,861 |
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Net Income | 128,405 |
| Loan Loss Allowance | 149,175 |
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Net Charge Offs | 899 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 2,211,334 |
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Total loans | 12,867,543 |
| Total assets for the leverage ratio | 18,051,502 |
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Loans secured by real estate: | 10,266,354 |
| Tier 1 Leverage Ratio | 9.84 |
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Commercial and industrial loans | 1,413,483 |
| Tier 1 Capital Ratio | 11.23 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.98 |
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Loans to individuals - Other | 632,913 |
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