Total Assets
$19.7B
Total balance-sheet footings
FDIC Cert #35095 · Portsmouth, Virginia · Est. 1999
TowneBank - FDIC Bank Health Profile
A community-scale look at TowneBank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $19.7B
- Total assets
- B
- Health grade · Good
- 0.90%
- Return on assets
- 11.3%
- Tier 1 capital
Data updated July 2026
The verdict
TowneBank earns a PlainBankData health grade of B (66/100), with well-capitalized at 11.34% Tier 1, 0.90% ROA, 72% efficiency ratio.
- #103
- largest of 4,313 FDIC banks by assets
- 98th
- percentile by asset size, nationally
- 11.34%
- Tier 1 ratio - above the 10% well-capitalized line
- 36th
- percentile for profitability (ROA), nationally
This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.
How TowneBank's 66/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
TowneBank's composite health score
Tier 1 Capital Ratio (11.34%) 28/40
Return on Assets (ROA) (0.90%) 14/25
Texas Ratio (0.49%) 20/20
Efficiency Ratio (71.94%) 4/15
66 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$16.6B
Customer-funded liabilities
Net Loans
$13.3B
Outstanding loan book
Net Income
$170M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where TowneBank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. TowneBank's score of 66/100 falls in the highlighted band.
TowneBank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). TowneBank's $19.7B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
11.34% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
11.34%
Texas Ratio
0.49%
Equity Capital
$2.4B
Profitability metrics
Return on Assets (ROA)
36th percentile nationally
0.90%
Return on Equity (ROE)
7.33%
Efficiency Ratio
71.94%
What the numbers say about TowneBank
TowneBank is an FDIC-insured institution (Certificate #35095) headquartered in Portsmouth, Virginia, established in 1999. It holds $19.7B in total assets - 103rd of 4,313 FDIC-insured banks, $16.6B in customer deposits, and $13.3B in net loans. Its capital position: a Tier 1 ratio of 11.34%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 0.49% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of B (66 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Nationally, TowneBank sits in the top decile of all FDIC-insured institutions by asset size (103rd of 4,313), and within Virginia it ranks 5th of 56 state-chartered and national banks headquartered there. The next-largest bank in the state by assets is Burke & Herbert Bank & Trust Company, at $7.9B. A bank of this scale carries systemic weight in its market -- its lending and deposit decisions move local credit availability in a way a community-scale institution's simply cannot.
Income & expense breakdown
$846M
Interest Income
$329M
Non-Interest Income
$659M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. TowneBank reports a Texas Ratio of 0.49% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
0.49% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Virginia by total assets
National size peers: banks closest to TowneBank by assets
Measured strictly by total assets rather than geography, TowneBank's closest national peers include Stifel Bank and Trust, Merchants Bank of Indiana, Apple Bank, FirstBank Puerto Rico, spanning 5 different states -- a reminder that at this scale, competition and comparison happen nationally, not just within Virginia. Averaged across this asset-matched cohort, return on assets runs 1.26% (TowneBank is below that at 0.90%), the efficiency ratio averages 52.79% (TowneBank runs higher at 71.94%), and Tier 1 capital averages 12.52% (TowneBank holds less at 11.34%). None of this cohort competes on branch count alone -- balance-sheet scale, funding mix, and regulatory capital posture are the metrics that actually separate similarly-sized institutions.
At $19.7B in assets, TowneBank has crossed the $10 billion threshold at which the CFPB takes over direct supervision for consumer-protection compliance under Dodd-Frank Act Section 1025, rather than leaving that oversight solely to the bank's primary prudential regulator.
| Bank | State | Assets | ROA | Efficiency | Tier 1 |
|---|---|---|---|---|---|
| TowneBank (this bank) | VA | $19.7B | 0.90% | 71.94% | 11.34% |
| Stifel Bank and Trust | MO | $19.4B | 1.82% | 27.28% | 11.18% |
| Merchants Bank of Indiana | IN | $19.4B | 1.20% | 43.06% | 12.84% |
| Apple Bank | NY | $19.2B | 0.34% | 78.94% | 11.30% |
| FirstBank Puerto Rico | PR | $19.1B | 1.69% | 49.71% | 15.60% |
| First Merchants Bank | IN | $19.0B | 1.27% | 54.97% | 11.86% |
| Trustmark Bank | MS | $18.9B | 1.26% | 62.79% | 12.33% |
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) TowneBank (FDIC Cert #35095) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Virginia
All Virginia banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Capital One, National AssociationMclean | $658.5B | B | 0.55% |
| HSBC Bank USA, National AssociationTysons | $165.3B | A | 0.92% |
| Atlantic Union BankRichmond City | $37.5B | A | 0.99% |
| United BankFairfax | $33.5B | A | 1.50% |
| Burke & Herbert Bank & Trust CompanyAlexandria | $7.9B | A | 1.69% |
| Carter Bank & TrustMartinsville | $4.8B | D | 0.72% |
| The First Bank and Trust CompanyLebanon | $4.2B | A | 1.62% |
| Primis BankTappahannock | $4.0B | B | 1.13% |
Frequently asked questions
What is TowneBank's health grade?▼
TowneBank receives a health grade of B (66/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows good financial health with solid capital levels above regulatory minimums.
How large is TowneBank?▼
TowneBank holds $19.7B in total assets and $16.6B in deposits, ranking 103rd of 4,313 FDIC-insured banks by asset size. It is headquartered in Portsmouth, Virginia.
Is my money safe at TowneBank?▼
Yes, deposits at TowneBank (Certificate #35095) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is TowneBank's Tier 1 Capital Ratio?▼
TowneBank has a Tier 1 Capital Ratio of 11.34%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for TowneBank?▼
TowneBank has a Texas Ratio of 0.49%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is TowneBank?▼
TowneBank has an Efficiency Ratio of 71.94%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read TowneBank's profile as a depositor or analyst.
- TowneBank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare TowneBank against other Virginia banks before moving funds. Virginia banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.