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 #189
Website:https://www.townebank.com
Total Assets:$15,803,835,000, ranked #120
Total Deposits:$13,079,395,000, ranked #121
Total Equity Capital:$1,853,845,000, ranked #119
Total Domestic Deposits:$13,079,395,000, ranked #121
Net Income:$124,798,000, ranked #111
Quarterly Net Income:$55,803,000, ranked #122
Return on Assets:2%, ranked #236
Quarterly Return on Assets:1%, ranked #1296
Return on Equity:14%, ranked #1285
Quarterly Return on Equity:12%, ranked #1849

Financial Information (2021-06-30 and Older)