Towne Bank(TOWN) - 2025 Q1 - Earnings Call Presentation

Financial Performance - TowneBank reported total assets of $1751 billion for Q1-FY25, a 37% increase year-over-year[9] - Net income attributable to TowneBank was $5059 million in Q1-FY25, up 459% from $3469 million in Q1-FY24[12, 14] - Core earnings per share-diluted reached $068 in Q1-FY25, compared to $048 in Q1-FY24, representing a 417% increase[14] - The return on average tangible common equity was 1330% for Q1-FY25[9] Balance Sheet & Lending - Total loans amounted to $1165 billion in Q1-FY25, reflecting a 17% increase year-over-year[9, 12] - Total deposits reached $1461 billion in Q1-FY25, a 34% increase compared to Q1-FY24[9, 12] - Noninterest-bearing deposits accounted for 30% of total deposits in Q1-FY25[9] - The loan-to-deposit ratio stood at 7977% in Q1-FY25[12] Non-Interest Income - Noninterest income totaled $7157 million in Q1-FY25, a 120% increase compared to $6388 million in Q1-FY24[14, 55] - Insurance commissions income net was $2642 million in Q1-FY25, up 35% year-over-year[55]