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 The Bank of Southside Virginia
The Bank of Southside Virginia
| RSSD ID 610128 | CERTIFICATE 11580 | ABA NUMBER 51404642 |
| 17208 Halligan Park Rd |
Quarter Ended : |
2025-03-31 |
| Carson, Virginia, 23830 |
Updated : |
2025-04-28 |
| www.bsvnet.com |
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| Institution Profile |
| Year Opened : |
1911 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
15 |
Number of Employees : |
73 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 663,875 |
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Total Interest Income | 7,388 |
| Total Liabilities | 546,139 |
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Total NonInterest Income | 729 |
| Total Bank Equity Capital | 117,736 |
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Total Interest Expense | 780 |
| Total Deposits | 491,768 |
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Total NonInterest Expense | 4,092 |
| Net Loans & Leases | 309,842 |
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Net Income | 2,709 |
| Loan Loss Allowance | 3,744 |
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Net Charge Offs | (42) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 319,730 |
| Total assets for the leverage ratio | 687,260 |
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Loans secured by real estate: | 66,417 |
| Tier 1 Leverage Ratio | 19.98 |
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Commercial and industrial loans | 14,209 |
| Off Balance Sheet Exposures (%) | 2.24 |
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Loans to individuals - Credit Cards | 1,193 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 233,967 |
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:· The Bank of Southside Virginia
