Vitals
  • Total Assets
    8.0B 26.6 %
  • Total Deposits
    6.1B 23.0 %
  • Total Net Loans
    6.1B 32.6 %
  • Net Income
    67.2M 7.8 %
  • Book Value
    1.1B 32.6 %
  • Book Value x2
    2.2B 32.6 %
  • Book Value x3
    3.2B 32.6 %
ROAA

1.003

ROAE

6.961

Efficiency Ratio

75.706

Net Interest Margin

3.479

Balance Sheet Highlights
Financial Highlights Towne Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets
Total Net Loans
Total Deposits
Total Equity
Profitability
Net Income
Return on Average Assets
Return on Average Equity
Net Interest Margin
Efficiency Ratio
Noninterest Income/Revenue
Balance Sheet Ratios
Loan-to-Deposit
Securities/Assets
Total Equity/Total Assets
Tangible Equity/Tangible Assets
Capital Adequacy
Tier 1 Common Capital
Tier 1 Capital
Tier 2 Capital
Total Capital
Total Risk Weighted Assets
Leverage Ratio
Common Equity Tier 1 Capital Ratio
Tier 1 Capital Ratio
Total Capital Ratio

Timeline for Towne Bank

Monarch Bank

Acquisition: Towne Bank acquired a new subsidiary, Monarch Bank, 7 years

View Profile Jun 25 2016

Monarch Financial Holdings, Inc

Acquisition: Towne Bank acquired a new subsidiary, Monarch Financial Holdings, Inc , 7 years

View Profile Jun 25 2016

Franklin Financial Corporation

Acquisition: Towne Bank acquired a new subsidiary, Franklin Financial Corporation , 9 years

View Profile Jan 03 2015

Franklin Federal Savings Bank

Acquisition: Towne Bank acquired a new subsidiary, Franklin Federal Savings Bank, 9 years

View Profile Jan 03 2015

The Bank Of Currituck

Acquisition: Towne Bank acquired a new subsidiary, The Bank Of Currituck, 13 years

View Profile Dec 04 2010

Want to see more?

Complete timeline for Towne Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Monarch Bank Seller 1,212,196 Acquisition Discontinued 6/25/2016
Monarch Financial Holdings, Inc Seller Acquisition Discontinued 6/25/2016
Franklin Financial Corporation Seller Acquisition Discontinued 1/3/2015
Franklin Federal Savings Bank Seller 1,079,060 Acquisition Discontinued 1/3/2015
The Bank Of Currituck Seller 172,590 Acquisition Discontinued 12/4/2010
Harbor Bank Seller 305,979 Acquisition Discontinued 3/20/2004
Relationships Role Relationship Start Relationship End
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