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Towne Bank, Financial Information

AboutTowne Bank

 Address:
5716 High Street
Portsmouth,VA
City of Portsmouth,Virginia
 Established:
Apr 1999
 Number of domestic offices:
44
Total assets$14,626M
Net income$146M
Net income,quarterly$50M
Total deposits$11,630M
Domestic deposits$11,630M
Equity capital$1,767M
ROA1.05%
ROAQ,quarterly1.36%
ROA,pretax1.36%
ROAQ,quarterly,pretax1.64%
ROE8.56%
ROEQ,quarterly11.45%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data