TowneBank (TOWN)

TowneBank Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	275.47	211.6	189	152.63	52.15	69.05
Investment Securities	2,858	1,395	1,662	1,541	1,007	676.57
Trading Asset Securities	-	5.84	1.9	1.03	3.77	11.78
Mortgage-Backed Securities	-	1,503	1,206	1,018	1,062	806.94
Total Investments	2,858	2,904	2,871	2,560	2,073	1,495
Gross Loans	13,379	11,462	11,331	10,795	9,512	9,647
Allowance for Loan Losses	-149.18	-123.92	-126.46	-110.82	-106.06	-120.16
Other Adjustments to Gross Loans	-	-3.06	-2.25	-0.66	-5.71	-18.2
Net Loans	13,230	11,335	11,203	10,684	9,400	9,509
Property, Plant & Equipment	422.13	417.19	413.08	382.93	323.52	320.58
Goodwill	591.69	457.62	456.34	458.48	457.19	452.33
Other Intangible Assets	101.88	60.17	64.63	43.16	50.38	45.53
Loans Held for Sale	212.51	200.46	149.99	102.34	358.3	540.8
Accrued Interest Receivable	-	48.22	50.2	42.2	28.44	31.96
Restricted Cash	974.51	1,128	939.36	1,000	3,244	1,795
Other Real Estate Owned & Foreclosed	2.68	0.44	0.91	0.56	4.58	5.03
Other Long-Term Assets	997.65	471.82	477.02	409.24	355.73	331.59
Total Assets	19,683	17,247	16,835	15,845	16,361	14,626
Interest Bearing Deposits	11,391	9,218	8,616	7,455	7,406	6,475
Institutional Deposits	-	966.59	934.83	574.28	620.86	723.24
Non-Interest Bearing Deposits	5,139	4,253	4,343	5,265	5,547	4,375
Total Deposits	16,531	14,437	13,893	13,294	13,574	11,573
Short-Term Borrowings	25.74	37.96	35.51	41.92	76.92	67.79
Current Portion of Leases	-	9.83	-	-	-	-
Long-Term Debt	283.85	260	255.8	247.42	249.65	431.91
Federal Home Loan Bank Debt, Long-Term	52.65	3.22	203.96	29.67	155.37	456.04
Long-Term Leases	-	42.73	82.76	82.18	56.55	64.16
Pension & Post-Retirement Benefits	-	53.74	47.52	49.2	55.19	52.1
Other Long-Term Liabilities	384.32	246.49	260.42	211.9	277.91	197.46
Total Liabilities	17,277	15,091	14,779	13,957	14,445	12,843
Common Stock	131.57	125.46	124.85	121.43	121.16	121.13
Additional Paid-In Capital	1,254	1,122	1,113	1,052	1,051	1,047
Retained Earnings	1,076	1,008	921.13	840.78	716.61	557.89
Comprehensive Income & Other	-63.37	-116.05	-118.76	-140.51	10.6	41.18
Total Common Equity	2,398	2,139	2,040	1,874	1,899	1,767
Minority Interest	7.5	16.3	15.91	14.8	16.86	16.98
Shareholders' Equity	2,405	2,156	2,056	1,889	1,916	1,784
Total Liabilities & Equity	19,683	17,247	16,835	15,845	16,361	14,626
Total Debt	362.23	353.74	578.02	401.19	538.49	1,020
Net Cash (Debt)	-86.77	-136.3	-387.12	-247.54	-482.57	-939.07
Net Cash Per Share	-1.14	-1.81	-5.18	-3.41	-6.65	-12.98
Filing Date Shares Outstanding	77.82	74.22	73.9	73.81	71.77	72.64
Total Common Shares Outstanding	77.82	74.21	73.89	71.91	71.77	71.79
Book Value Per Share	30.81	28.83	27.61	26.06	26.46	24.61
Tangible Book Value	1,704	1,622	1,519	1,372	1,392	1,269
Tangible Book Value Per Share	21.90	21.85	20.56	19.08	19.39	17.68

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.