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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	273.37	211.6	189	152.63	52.15	69.05
Investment Securities	1,192	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	1,576	1,503	1,206	1,018	1,062	806.94
Total Investments	2,768	2,904	2,871	2,560	2,073	1,495
Gross Loans	12,360	11,462	11,331	10,795	9,512	9,647
Allowance for Loan Losses	-134.19	-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	12,225	11,335	11,203	10,684	9,400	9,509
Property, Plant & Equipment	392.06	417.19	413.08	382.93	323.52	320.58
Goodwill	499.71	457.62	456.34	458.48	457.19	452.33
Other Intangible Assets	74.19	60.17	64.63	43.16	50.38	45.53
Loans Held for Sale	238.74	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	838.32	1,128	939.36	1,000	3,244	1,795
Other Real Estate Owned & Foreclosed	1.31	0.44	0.91	0.56	4.58	5.03
Other Long-Term Assets	939.91	471.82	477.02	409.24	355.73	331.59
Total Assets	18,265	17,247	16,835	15,845	16,361	14,626
Interest Bearing Deposits	10,574	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	4,754	4,253	4,343	5,265	5,547	4,375
Total Deposits	15,329	14,437	13,893	13,294	13,574	11,573
Short-Term Borrowings	20.85	37.96	35.51	41.92	76.92	67.79
Current Portion of Leases	-	9.83	-	-	-	-
Long-Term Debt	260.43	260	255.8	247.42	249.65	431.91
Federal Home Loan Bank Debt, Long-Term	12.84	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	402.82	246.49	260.42	211.9	277.91	197.46
Total Liabilities	16,026	15,091	14,779	13,957	14,445	12,843
Common Stock	125.73	125.46	124.85	121.43	121.16	121.13
Additional Paid-In Capital	1,131	1,122	1,113	1,052	1,051	1,047
Retained Earnings	1,058	1,008	921.13	840.78	716.61	557.89
Comprehensive Income & Other	-83.1	-116.05	-118.76	-140.51	10.6	41.18
Total Common Equity	2,231	2,139	2,040	1,874	1,899	1,767
Minority Interest	7.6	16.3	15.91	14.8	16.86	16.98
Shareholders' Equity	2,239	2,156	2,056	1,889	1,916	1,784
Total Liabilities & Equity	18,265	17,247	16,835	15,845	16,361	14,626
Total Debt	294.12	353.74	578.02	401.19	538.49	1,020
Net Cash (Debt)	-20.74	-136.3	-387.12	-247.54	-482.57	-939.07
Net Cash Per Share	-0.27	-1.81	-5.18	-3.41	-6.65	-12.98
Filing Date Shares Outstanding	74.31	74.22	73.9	73.81	71.77	72.64
Total Common Shares Outstanding	74.31	74.21	73.89	71.91	71.77	71.79
Book Value Per Share	30.03	28.83	27.61	26.06	26.46	24.61
Tangible Book Value	1,657	1,622	1,519	1,372	1,392	1,269
Tangible Book Value Per Share	22.30	21.85	20.56	19.08	19.39	17.68

Updated May 7, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.