Overview / Commentary
434-246-5211
17208 Halligan Park Rd.
Carson, VA 23830

The Bank of Southside Virginia is headquartered in Carson and is the 37th largest bank in the state of Virginia. It is also the 1,305th largest bank in the nation. It was established in 1911 and as of September of 2018, it had grown to 92 employees at 15 locations. The Bank of Southside Virginia has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #11580
Year Established1911
Employees92
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.51%
Return on Equity - YTD8.67%
Annual Interest Income$14.7MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$549.6MM$553.5MM
LoansQ3 2018vs Q3 2017$233.3MM$225.5MM
DepositsQ3 2018vs Q3 2017$442.8MM$448.7MM
Equity CapitalQ3 2018vs Q3 2017$99.7MM$97.1MM
Loan Loss AllowanceQ3 2018vs Q3 2017$4.6MM$4.7MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$335.00K$1.8MM
Real Estate OwnedQ3 2018vs Q3 2017$544.00K$2.9MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

The Bank of Southside Virginia Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$300-Savings Account

The Bank of Southside Virginia Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Money Market
OTHER TIERS: 0.10% $2.5k - $25k | 0.20% $25k - $100k

The Bank of Southside Virginia CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$1k-5 Year CD
0.80%$1k-4 Year CD
0.65%$1k-3 Year CD
0.50%$1k-2 1/2 Year CD
0.45%$1k-2 Year CD
0.30%$2.5k-18 Month Step-Up CD
0.25%$1k-1 Year CD
0.15%$2.5k-6 Month CD

The Bank of Southside Virginia IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$1k-5 Year IRA
0.80%$1k-4 Year IRA
0.65%$1k-3 Year IRA
0.50%$1k-2.5 Year IRA
0.45%$1k-2 Year IRA
0.30%$1k-18 Month IRA
0.30%$100-18 Month Variable IRA
0.25%$1k-1 Year IRA
0.15%$2.5k-6 Month IRA
Locations

Availability



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