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 TowneBank
TowneBank
| RSSD ID 2797724 | CERTIFICATE 35095 | ABA NUMBER 51408949 |
| 5716 High St W |
Quarter Ended : |
2025-03-31 |
| Portsmouth, Virginia, 23703 |
Updated : |
2025-04-30 |
| 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 : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
62 |
Number of Employees : |
2,577 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 17,511,883 |
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Total Interest Income | 189,663 |
| Total Liabilities | 15,294,904 |
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Total NonInterest Income | 84,074 |
| Total Bank Equity Capital | 2,200,659 |
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Total Interest Expense | 69,136 |
| Total Deposits | 14,760,571 |
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Total NonInterest Expense | 142,933 |
| Net Loans & Leases | 11,526,617 |
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Net Income | 50,592 |
| Loan Loss Allowance | 126,131 |
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Net Charge Offs | 626 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 2,174,543 |
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Total loans | 11,692,273 |
| Total assets for the leverage ratio | 16,848,026 |
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Loans secured by real estate: | 9,218,784 |
| Tier 1 Leverage Ratio | 10.61 |
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Commercial and industrial loans | 1,322,009 |
| Tier 1 Capital Ratio | 12.87 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.65 |
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Loans to individuals - Other | 570,262 |
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:· TowneBank
