The Bank of Southside Virginia
17208 Halligan Park Rd, Carson, VA 23830
Financial Overview
Financial Health Analysis
The Bank of Southside Virginia is a currently active all other under 1 billion banking institution headquartered in Carson, Virginia. Established in 08/10/1911, this institution operates under regulatory supervision and is fully insured by the FDIC.
As a financial institution, The Bank of Southside Virginia manages $631.7M in total assets and holds $487.7M in customer deposits. When evaluating the stability of The Bank of Southside Virginia, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 20.32%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.
In terms of operational efficiency, the bank's Return on Assets (ROA) is 1.73%, while its Return on Equity (ROE) sits at 8.66%. These robust metrics contribute to an overall health score of 9.6 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$32.5M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.