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Towne Bank (Towne Bank) Long-Term Debt : $459.8 Mil (As of Dec. 2023)


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What is Towne Bank Long-Term Debt?

Towne Bank's Long-Term Debt for the quarter that ended in Dec. 2023 was $459.8 Mil.

Towne Bank's quarterly Long-Term Debt declined from Jun. 2023 ($1,009.7 Mil) to Sep. 2023 ($359.7 Mil) but then increased from Sep. 2023 ($359.7 Mil) to Dec. 2023 ($459.8 Mil).

Towne Bank's annual Long-Term Debt declined from Dec. 2021 ($405.0 Mil) to Dec. 2022 ($277.1 Mil) but then increased from Dec. 2022 ($277.1 Mil) to Dec. 2023 ($459.8 Mil).


Towne Bank Long-Term Debt Historical Data

The historical data trend for Towne Bank's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Towne Bank Long-Term Debt Chart

Towne Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 720.15 705.09 405.02 277.09 459.75

Towne Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 277.09 759.65 1,009.68 359.72 459.75

Towne Bank  (NAS:TOWN) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.


Towne Bank Long-Term Debt Related Terms

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Towne Bank (Towne Bank) Business Description

Traded in Other Exchanges
N/A
Address
5716 High Street, Portsmouth, VA, USA, 23703
Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.

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