TowneBank
Portsmouth, VA
IDRSSD: 2797724
Total Assets
$19.69B
Latest filing
Total Deposits
$16.60B
Latest filing
Net Interest Margin
3.65%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
TowneBank
5716 High St W
Portsmouth, VA 23703
Full Service - Brick and Mortar
Updated 01/30/2026Established 04/08/1999FDIC Certificate 74673
Branches (73)
Page 1 of 11| Name | Address | City / State |
|---|---|---|
| TowneBank (Main) | 5716 High St W | Portsmouth, VA |
| MOYOCK BRANCH | 250 Caratoke Hwy | Moyock, NC |
| WINDSOR BRANCH | 50 E Windsor Blvd | Windsor, VA |
| GRANDY BRANCH | 6670 Caratoke Hwy | Grandy, NC |
| CAMDEN BRANCH | 178 Us Highway 158 W | Camden, NC |
| SMITHFIELD BRANCH | 1119 S Church St | Smithfield, VA |
| DOWNTOWN HAMPTON BRANCH | 101 E Queen St | Hampton, VA |
| EXECUTIVE TOWERS BRANCH | 2101 Executive Dr | Hampton, VA |
Showing 7 of 73
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 04/08/1999 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 23703 |
| State and County Number | 51740 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Virginia Beach-Norfolk-Newport News, VA-NC |
Operational Info
| Number of Employees | 2,916 |
| Domestic Offices | 74 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 09/01/2025 |
| Date of Deposit Insurance | 04/08/1999 |
| Primary Insurance Agency | DIF |
| Website | www.townebank.com |
| Data Updated | 01/30/2026 |
| CERT | 35095 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $19.69B |
| Total Deposits | $16.60B |
| Total Liabilities | $17.26B |
| Total Equity Capital | $2.43B |
| Net Income | $41.34M |
| Net Loans and Leases | $13.34B |
| Assets Per Employee ($Millions) | $6.92M |
| Bank Premises and Fixed Assets | $476.76M |
| Cash and Balances due from Depository Institutions | $1.33B |
| Deposits Held in Domestic Offices | $16.60B |
Key Performance Ratios
| Return on Assets (ROA) | 0.84% |
| Return on Equity (ROE) | 6.83% |
| Net Interest Margin | 3.65% |
| Efficiency Ratio | 74.85% |
| Tier 1 Risk-Based Capital Ratio | 11.343% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.01% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.303% |
| Earning Assets to total Assets | 88.54% |
Income and Expense
| Total Interest Income | $230.72M |
| Total Noninterest Income | $75.75M |
| Total Interest Expense | $71.70M |
| Total Noninterest Expense | $181.08M |
| Net Interest Income | $159.02M |
| Pre-tax Net Operating Income | $54.09M |
| Provision for Credit Losses | $-401,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $1.28M |
| Other borrowed funds | $58.09M |
| Federal Funds Sold & Reverse Repurchase Agreement | $15.75M |
| Federal Funds Purchased and Repurchased Agreement | $34.82M |
| All Other Liabilities | $283.89M |
| Total Liabilities and Capital | $19.69B |
Securities
| Securities | $2.87B |
| Available-for-sale debt securities | $2.71B |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $156.70M |
| Subordinated Debt | $278.23M |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of TowneBank?
$19.69B as of the latest filing.
How much are TowneBank's total deposits?
$16.60B in total deposits.
Where is TowneBank located?
Portsmouth, VA.
What is the Net Interest Margin?
3.65%.
How many domestic offices does it operate?
74.
When was it established?
04/08/1999.
What is the Return on Assets (ROA)?
0.84%.
How much are total loans and leases?
$13.34B (latest filing).
What is the total interest income (latest filing)?
$230.72M.