Overview / Commentary
10900 Nuckols Rd, Suite 325
Glen Allen, VA 23060

Sonabank is headquartered in Glen Allen and is the 12th largest bank in the state of Virginia. It is also the 343rd largest bank in the nation. It was established in 2005 and as of September of 2018, it had grown to 368 employees at 47 locations. Sonabank has an A health rating.

Related Posts

Kasasa Checking Amt Increase From 10K To 25K - 8/22/2018

The kasasa checking for this bank is still at 2.25% with usual requirements, but them amount has been increased to a total of 25k https://www.sonabank.com/personal/personal-checking/free-kasasa-cash.html

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Reviews (2)

Sonabank Hack!!!!!

Posted by: Rajin | Mar 9, 2018

looks like sonabank got hacked!!!! now there's a lawsuit? check this out


Sonabank Problems

Posted by: CRollins | Jul 12, 2016

This bank is probably ripe for an audit from state and federal regulators, the FBI and the IRS. The problems I have had with them are serious and their arrogance is alarming. I am of the opinion that they do not play by the rules and I hope that some agency notices - sooner rather than later.


Health Grade Components

FDIC Certificate #57968
Year Established2005
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.42%
Return on Equity - YTD10.03%
Annual Interest Income$87.6MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$2.71B$2.60B
LoansQ3 2018vs Q3 2017$2.15B$2.03B
DepositsQ3 2018vs Q3 2017$2.03B$1.91B
Equity CapitalQ3 2018vs Q3 2017$388.6MM$371.5MM
Loan Loss AllowanceQ3 2018vs Q3 2017$11.5MM$9.3MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$757.00K$11.3MM
Real Estate OwnedQ3 2018vs Q3 2017$0$8.1MM

Rates for Sonabank are currently being reviewed.



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