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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 : |
2025-06-30 |
Carson, Virginia, 23830 |
Updated : |
2025-07-29 |
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 : |
76 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 650,587 |
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Total Interest Income | 14,764 |
Total Liabilities | 531,627 |
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Total NonInterest Income | 1,648 |
Total Bank Equity Capital | 118,960 |
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Total Interest Expense | 1,554 |
Total Deposits | 477,829 |
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Total NonInterest Expense | 7,907 |
Net Loans & Leases | 299,917 |
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Net Income | 5,898 |
Loan Loss Allowance | 3,760 |
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Net Charge Offs | (51) |
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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 | 309,412 |
Total assets for the leverage ratio | 675,498 |
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Loans secured by real estate: | 65,252 |
Tier 1 Leverage Ratio | 20.8 |
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Commercial and industrial loans | 11,859 |
Off Balance Sheet Exposures (%) | 1.99 |
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Loans to individuals - Credit Cards | 1,342 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 227,591 |
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