TOWNEBANK
PORTSMOUTH, VIRGINIA · FDIC Cert #35095
Capital & Safety Analysis
According to FDIC financial data, TOWNEBANK holds a Tier 1 capital ratio of 12.43%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning TOWNEBANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
TOWNEBANK shows strong financial health indicators. With $17.1B in assets and a Health Score of 81/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
TOWNEBANK has a Bank Health Score of A (81/100). It holds a Tier 1 capital ratio of 12.43%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
TOWNEBANK holds $17.1B in total assets and $14.4B in total deposits. It is located in PORTSMOUTH, VIRGINIA (FDIC Certificate #35095).
TOWNEBANK has a Tier 1 capital ratio of 12.43%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.06%, and the return on assets is 1.10%.
Yes. TOWNEBANK is FDIC-insured (Certificate #35095). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.