TowneBank

TowneBank of Portsmouth, VA, chartered 1999: 77 offices, $22.6bn in assets, a 10.00% leverage ratio. Straight from the federal record.

TowneBank is an FDIC-insured bank headquartered in Portsmouth, VA, chartered in 1999. It is supervised by the FDIC. Every figure below is filed by the bank with its regulator and reproduced here unchanged.

Where TowneBank has branches

77 full-service offices across 4 states:

• Virginia: 44 offices in 19 towns, holding $11.5bn at 30 June 2025
• North Carolina: 24 offices in 18 towns, holding $3.93bn at 30 June 2025
• South Carolina: 8 offices in 7 towns
• Tennessee: 1 office

TowneBank on its latest Call Report, 30 June 2026

• Total assets: $22.6bn
• Total deposits: $18.8bn
• Tier 1 leverage ratio: 10.00%
• Total risk-based capital ratio: 14.63%
• Noncurrent loans, as a share of loans: 0.22%
• Return on assets: 2.17%
• Net interest margin: 3.77%
• Staff: 2,783

TowneBank by town

Towns where it runs more than one office, busiest first. Each opens every one of its branches there.

• TowneBank in Richmond, VA: 7 branches

Compare TowneBank against every other bank with a branch in Virginia, or find the offices nearest you.

Charter and office records from the FDIC BankFind Suite; capital, loan and earnings figures from the bank's own Call Report; deposits by office from the FDIC Summary of Deposits, counted each 30 June.