Market Intelligence › Institutions › TowneBank

TowneBank holds $15.5B in deposits across 24 counties in 6 ranked markets and 2 states. Its deposit footprint is broadly distributed: the top three counties (Virginia Beach (City) County, Norfolk (City) County, Wake County) hold 37% of its deposits, and Virginia accounts for 75% of the total. It ranks among the three largest institutions in 13 of the 24 counties where it operates.

Deposit footprint

Total Deposits

$15.5B

June 30, 2025, nominal

Counties

where it holds deposits

Branches

reported offices

Ranked Markets

CSAs / MSAs touched

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Deposits by county

Data as of June 30, 2025 (FDIC Summary of Deposits)

	County	Deposits	County’s % of Bank’s Deposits	Bank’s % of County Deposits	Branches
1.	Virginia Beach (City) County, VA	$2.5B	16.2%	28.8%	6
2.	Norfolk (City) County, VA	$1.6B	10.4%	34.2%	5
3.	Wake County, NC	$1.6B	10.2%	1.6%	4
4.	Portsmouth (City) County, VA	$1.3B	8.3%	72.5%	3
5.	Chesapeake (City) County, VA	$1.2B	7.7%	33.5%	2
6.	Mecklenburg County, NC	$1.1B	6.9%	0.2%	3
7.	Newport News (City) County, VA	$835M	5.4%	31.8%	2
8.	Richmond (City) County, VA	$674M	4.4%	1.5%	4
9.	Henrico County, VA	$657M	4.2%	7.3%	5
10.	Suffolk (City) County, VA	$585M	3.8%	38.7%	4
11.	James (City) County, VA	$570M	3.7%	25.2%	1
12.	Dare County, NC	$501M	3.2%	25.7%	3
13.	Chesterfield County, VA	$500M	3.2%	6.9%	3
14.	Pitt County, NC	$342M	2.2%	9.7%	1
15.	Hanover County, VA	$296M	1.9%	10.3%	3
16.	Isle Of Wight County, VA	$263M	1.7%	53.1%	2
17.	Currituck County, NC	$198M	1.3%	83.8%	2
18.	Guilford County, NC	$164M	1.1%	1.3%	1
19.	Williamsburg (City) County, VA	$159M	1.0%	30.9%	1
20.	Hampton (City) County, VA	$144M	0.9%	9.9%	1
21.	Southampton County, VA	$94M	0.6%	53.2%	1
22.	York County, VA	$90M	0.6%	8.3%	1
23.	Camden County, NC	$82M	0.5%	100.0%	1
24.	Powhatan County, VA	$78M	0.5%	10.0%	1

Deposits are as reported to the FDIC at branch level, June 30, 2025, and are nominal. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total deposits; “Bank’s % of County Deposits” is this institution’s deposits as a percent of all deposits booked in that county. Counties within a Combined or Metropolitan Statistical Area link to their full profile; other counties are shown for completeness.

All 293 markets and the 1,533 counties within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates.