TowneBank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Portsmouth, Virginia, established in 04/08/1999. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 52 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, TowneBank reported total assets of $16,835,042 and manages deposits totaling $14,010,723 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $28,804 thousands last year. For more details, visit their website at www.townebank.com.
Bank Information:
- Bank Name: TowneBank
- Address: 5716 High St W, Portsmouth, Portsmouth City, VA, 23703
- Website: www.townebank.com
Classification and Operations:
- State: Virginia
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 52
- Number of Foreign Offices: 0
- Total Assets: $16,835,042
- Total Deposits: $14,010,723
- Domestic Office Deposits: $14,010,723
Financial Data:
- Net Income (Attributable to Bank): $28,804
Establishment and Record:
- Established Date: 04/08/1999
- Last Recorded Data on: 04/12/2024