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TowneBank
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TowneBank
| RSSD ID 2797724 | CERTIFICATE 35095 | ABA NUMBER 51408949 |
| 5716 High St W |
Quarter Ended : |
2026-03-31 |
| Portsmouth, Virginia, 23703 |
Updated : |
2026-04-30 |
| 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 : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
93 |
Number of Employees : |
3,014 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 22,358,708 |
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Total Interest Income | 250,472 |
| Total Liabilities | 19,460,193 |
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Total NonInterest Income | 87,962 |
| Total Bank Equity Capital | 2,891,687 |
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Total Interest Expense | 77,457 |
| Total Deposits | 18,592,960 |
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Total NonInterest Expense | 210,562 |
| Net Loans & Leases | 15,061,894 |
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Net Income | 40,992 |
| Loan Loss Allowance | 199,267 |
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Net Charge Offs | 1,691 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 2,484,543 |
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Total loans | 15,173,356 |
| Total assets for the leverage ratio | 21,053,754 |
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Loans secured by real estate: | 12,069,881 |
| Tier 1 Leverage Ratio | 9.75 |
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Commercial and industrial loans | 1,634,012 |
| Tier 1 Capital Ratio | 11.47 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.87 |
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Loans to individuals - Other | 794,224 |
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