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 TowneBank
TowneBank
| RSSD ID 2797724 | CERTIFICATE 35095 | ABA NUMBER 51408949 |
| 5716 High St W |
Quarter Ended : |
2025-06-30 |
| Portsmouth, Virginia, 23703 |
Updated : |
2025-07-29 |
| 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 : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
60 |
Number of Employees : |
2,724 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 18,264,614 |
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Total Interest Income | 397,352 |
| Total Liabilities | 16,025,672 |
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Total NonInterest Income | 169,220 |
| Total Bank Equity Capital | 2,231,345 |
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Total Interest Expense | 139,555 |
| Total Deposits | 15,468,462 |
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Total NonInterest Expense | 308,638 |
| Net Loans & Leases | 12,225,504 |
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Net Income | 89,430 |
| Loan Loss Allowance | 134,187 |
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Net Charge Offs | 644 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 2,143,236 |
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Total loans | 12,476,274 |
| Total assets for the leverage ratio | 17,616,656 |
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Loans secured by real estate: | 9,914,778 |
| Tier 1 Leverage Ratio | 9.93 |
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Commercial and industrial loans | 1,413,536 |
| Tier 1 Capital Ratio | 11.82 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.49 |
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Loans to individuals - Other | 581,061 |
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:· TowneBank
