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Overview / Commentary
17208 Halligan Park Rd.
Carson, VA 23830

The Bank of Southside Virginia is headquartered in Carson and is the 35th largest bank in the state of Virginia. It is also the 1,266th largest bank in the nation. It was established in 1911 and as of March of 2018, it had grown to 93 employees at 15 locations. The Bank of Southside Virginia has an A health rating.


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Health Grade Components

FDIC Certificate #11580
Year Established1911
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.6%
Return on Equity - YTD9.4%
Annual Interest Income$4.6MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$569.1MM$561.7MM
LoansQ1 2018vs Q1 2017$219.1MM$219.1MM
DepositsQ1 2018vs Q1 2017$465.5MM$461.2MM
Equity CapitalQ1 2018vs Q1 2017$96.5MM$92.9MM
Loan Loss AllowanceQ1 2018vs Q1 2017$4.7MM$5.1MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$937.00K$2.7MM
Real Estate OwnedQ1 2018vs Q1 2017$2.3MM$3.7MM
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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

0.15%$300-Savings Account

The Bank of Southside Virginia Money Market Rates

0.30%*$100k*-Money Market
OTHER TIERS: 0.10% $2,500 - $25k | 0.20% $25k - $100k

The Bank of Southside Virginia CD Rates

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

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


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