The Bank of Southside Virginia
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Data as of · sourced from FFIEC call reports. How we update
The Bank of Southside Virginia is an FDIC-insured commercial bank headquartered in Carson, VA, established in 1911 (FDIC certificate 11580), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $670.3M, up 3.0% from Q2 2025, the 34th largest of 56 banks headquartered in Virginia. It reports no CET1 ratio; its Tier 1 leverage ratio was 23.38% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 11580
- Headquarters
- Carson, VA
- Established
- 1911
- Total assets, Q2 2026
- $670.3M
- Assets vs Q2 2025
- +3.0%
- Tier 1 leverage ratio, Q2 2026
- 23.38%
- Domestic offices
- 15 FDIC institution directory, current count
- Routing number
- 051404642
- Latest call report
- Q2 2026, FFIEC 051 · The Bank of Southside Virginia Q3 2026 call report, filed October 27, 2026 (preliminary)
- Holding company
- BANK OF SOUTHSIDE VIRGINIA CORPORATION, THE
- Asset rank in state
- 34th of 56 in Virginia
The Bank of Southside Virginia is one of the more profitable banks of its size. Its balance sheet stood at $670 million at June 30, 2026, up 3.0% from a year earlier; it is based in Carson, Virginia. It returns 27.7% a year on shareholders' equity, about double the median of 12.6% for the 2,627 banks with $100 million to $1 billion in assets. It also spends about 26 cents to bring in each dollar of revenue, about half the median of 61 cents for banks its size.
Earnings jumped: net income for the quarter was $9.3 million, 191% above the same quarter a year earlier. Over the same year, loans shrank 11.3% and deposits grew 2.4%.
As of June 30, 2026, The Bank of Southside Virginia reported a return on assets of 5.62%, a nonperforming-loan ratio of 0.08% and a Texas ratio of 0.19%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, The Bank of Southside Virginia is the 34th largest of the 56 banks headquartered in Virginia. From Q1 2026 to Q2 2026, its total assets rose 6.1% to $670.3M, loans rose 1.5% and deposits rose 0.3%. Auto loans made up 66.7% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 10.3%. The FDIC Summary of Deposits lists 15 offices for it, in 14 cities in VA; its Petersburg 2 offices book 19% of its branch deposits. On its Q2 2026 call report, The Bank of Southside Virginia meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 17208 Halligan Park Rd, Carson, VA 23830
- County
- Dinwiddie
- Metro Area
- Richmond, VA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- August 10, 1911
- Former names
- The Bank of Southside Virginia (1979)
- Domestic offices
- 15 FDIC institution directory, current count
- Employees (FTE)
- 85
- Domestic deposits
- $489.2M
- Allowance for credit losses
- $3.8M
- Net charge-offs (YTD)
- -$7K
- Average total assets
- $661.0M
- Average total loans
- $265.0M
- Average interest-bearing deposits
- $294.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 11580
- Fed RSSD
- 610128
- Website
- www.bsvnet.com →
- Parent Holding Company
- BANK OF SOUTHSIDE VIRGINIA CORPORATION, THE (RSSD 1076105)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, The Bank of Southside Virginia reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, The Bank of Southside Virginia's total assets ran between $631.8M (Q1 2026) and $683.2M (Q2 2024), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$670.3M total assets against $650.6M; $530.3M total liabilities against $531.6M.
$265.5M net loans and leases against $299.9M; $489.2M total deposits against $477.8M.
$336.8M securities against $284.9M; $24.6M cash and balances due against $16.5M.
$7.4M total interest income against $7.4M; $357K total interest expense against $774K.
$7.0M net interest income against $6.6M.
$8.4M total noninterest income against $919K; $4.1M total noninterest expense against $3.8M.
$0 provision for credit losses against $6K.
$9.3M net income against $3.2M.
5.62% return on assets against 1.89%; 4.78% net interest margin against 4.30%.
23.38% tier 1 leverage ratio against 20.80%.
Inside the full The Bank of Southside Virginia terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Bank of Southside Virginia rankings
Its closest position to the top of a national ranking is 6 of 3,611, for ROA; its furthest is 3,159 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.58% (Q1 2025) to 5.62% (Q2 2026) and its net interest margin ran from 4.20% (Q3 2024) to 4.78% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 23.38% | 5.62% | 0.08% | 0.19% | 4.78% |
| Q1 2026 | 22.34% | 1.73% | 0.10% | 0.23% | 4.56% |
| Q4 2025 | 21.87% | 2.56% | 0.10% | 0.24% | 4.64% |
| Q3 2025 | 21.54% | 1.73% | 0.04% | 0.12% | 4.40% |
| Q2 2025 | 20.80% | 1.89% | 0.02% | 0.10% | 4.30% |
| Q1 2025 | 19.98% | 1.58% | 0.03% | 0.12% | 4.22% |
| Q4 2024 | 19.35% | 2.39% | 0.03% | 0.12% | 4.24% |
| Q3 2024 | 19.39% | 1.75% | 0.16% | 0.48% | 4.20% |
Swipe the table sideways to see every column.
Branch Network
View all 15 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Prince George Branch | Prince George , VA | 23875 | $75.7M |
| The Bank of Southside Virginia | Carson , VA | 23830 | $71.4M |
| Crater Road Branch | Petersburg , VA | 23805 | $47.9M |
| Dinwiddie Branch | Dinwiddie , VA | 23841 | $44.3M |
| Rohoic-Dinwiddie County Branch | Petersburg , VA | 23803 | $43.8M |
| Colonial Heights Branch | Colonial Heights , VA | 23834 | $35.8M |
| Greensville-Emporia Branch | Emporia , VA | 23847 | $34.0M |
| Stony Creek Branch | Stony Creek , VA | 23882 | $33.2M |
| Wakefield Branch | Wakefield , VA | 23888 | $18.2M |
| Amory Drive Branch | Franklin , VA | 23851 | $16.6M |
| Boykins Branch | Boykins , VA | 23827 | $15.0M |
| Smithfield Branch | Smithfield , VA | 23430 | $14.6M |
| Capron Branch | Capron , VA | 23829 | $13.7M |
| Chester Branch | Chester , VA | 23831 | $13.4M |
| Jarratt Branch | Jarratt , VA | 23867 | $11.6M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in VA, rank 49 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $50K approved, $50K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2015 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about The Bank of Southside Virginia
What are The Bank of Southside Virginia's total assets?
As of the Q2 2026 filing, The Bank of Southside Virginia reported total assets of $670.3 million in its FFIEC call report.
Where is The Bank of Southside Virginia headquartered?
It is headquartered in Carson, VA, United States.
When was The Bank of Southside Virginia founded?
It was established in 1911, per the FDIC institution directory.
Is The Bank of Southside Virginia FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #11580). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Bank of Southside Virginia?
The Bank of Southside Virginia's primary federal regulator is the FDIC.
How many branches does The Bank of Southside Virginia operate?
It operates 15 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Bank of Southside Virginia's Texas Ratio?
Its Texas Ratio is 0.19% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was The Bank of Southside Virginia previously called?
The charter now named The Bank of Southside Virginia has also operated as The Bank of Southside Virginia (1979), per FDIC structure-change records.
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