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 28
TowneBank's (NASDAQ:TOWN) Shareholders Will Receive A Bigger Dividend Than Last Year

TowneBank declares $0.23 dividend

Aug 24

TowneBank GAAP EPS of $0.64 beats by $0.03, revenue of $166.98M

Jul 28

TowneBank's (NASDAQ:TOWN) Dividend Will Be Increased To US$0.23

Jun 21
TowneBank's (NASDAQ:TOWN) Dividend Will Be Increased To US$0.23

Here's Why I Think TowneBank (NASDAQ:TOWN) Might Deserve Your Attention Today

Jan 21
Here's Why I Think TowneBank (NASDAQ:TOWN) Might Deserve Your Attention Today

TowneBank: Good Profitability Levels Likely To Drive Additional Upside

Aug 27

TowneBank (NASDAQ:TOWN) Will Pay A Larger Dividend Than Last Year At US$0.20

Jun 06
TowneBank (NASDAQ:TOWN) Will Pay A Larger Dividend Than Last Year At US$0.20

With EPS Growth And More, TowneBank (NASDAQ:TOWN) Is Interesting

Jun 04
With EPS Growth And More, TowneBank (NASDAQ:TOWN) Is Interesting

Have Insiders Sold TowneBank (NASDAQ:TOWN) Shares Recently?

Mar 10
Have Insiders Sold TowneBank (NASDAQ:TOWN) Shares Recently?

Financial 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%).


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