Towne Bank

Towne Bank
5716 High Street
Portsmouth, VA 23703

Status: Active
Concentration:Commercial Lending Specialization
Established:1999-04-08
FDIC Insurance:1999-04-08
FDIC Cert:#35095
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:44, ranked #190
Website:https://www.townebank.com
Total Assets:$15,580,255,000, ranked #118
Total Deposits:$11,321,723,000, ranked #126
Total Equity Capital:$1,707,595,000, ranked #123
Total Domestic Deposits:$11,321,723,000, ranked #126
Net Income:$60,990,000, ranked #103
Quarterly Net Income:$34,606,000, ranked #102
Return on Assets:1%, ranked #1010
Quarterly Return on Assets:1%, ranked #1263
Return on Equity:7%, ranked #2934
Quarterly Return on Equity:8%, ranked #2750

Financial Information (2020-06-30 and Older)