TowneBank Balance Sheet Health
Financial Health criteria checks 6/6
TowneBank has total assets of $16.8B and total equity of $2.1B. Total deposits are $13.9B, and total loans are $11.2B. It earns a Net Interest Margin of 3.1%. It has sufficient allowance for bad loans, which are currently at 0.06% of total loans. Cash and short-term investments are $190.2M.
Key information
8.2x
Asset to equity ratio
3.1%
Net interest margin
Total deposits | US$13.89b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.06% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$190.20m |
Recent financial health updates
No updates
Recent updates
TowneBank's (NASDAQ:TOWN) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28TowneBank declares $0.23 dividend
Aug 24TowneBank GAAP EPS of $0.64 beats by $0.03, revenue of $166.98M
Jul 28TowneBank's (NASDAQ:TOWN) Dividend Will Be Increased To US$0.23
Jun 21Here's Why I Think TowneBank (NASDAQ:TOWN) Might Deserve Your Attention Today
Jan 21TowneBank: Good Profitability Levels Likely To Drive Additional Upside
Aug 27TowneBank (NASDAQ:TOWN) Will Pay A Larger Dividend Than Last Year At US$0.20
Jun 06With EPS Growth And More, TowneBank (NASDAQ:TOWN) Is Interesting
Jun 04Have Insiders Sold TowneBank (NASDAQ:TOWN) Shares Recently?
Mar 10Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TOWN's Assets to Equity ratio (8.2x) is low.
Allowance for Bad Loans: TOWN has a sufficient allowance for bad loans (1848%).
Low Risk Liabilities: 94% of TOWN's liabilities are made up of primarily low risk sources of funding.
Loan Level: TOWN has an appropriate level of Loans to Assets ratio (67%).
Low Risk Deposits: TOWN's Loans to Deposits ratio (81%) is appropriate.
Level of Bad Loans: TOWN has an appropriate level of bad loans (0.1%).