The Bank of Southside Virginia
Carson, Virginia, Dinwiddie County
$670M in total assets, the 1,442nd largest of 4,309 US banks and 34th of 57 headquartered in Virginia.
- FDIC certificate
- 11580
- Established
- 1911
- Owned by
- Bank Of Southside Va Corp The
- Primary regulator
- FDIC
- Website
- www.bsvnet.com
At a glance
Compared with 22 banks headquartered in Virginia with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $670M | 82% | $366M | |
| Loans | $269M | 50% | $274M | |
| Deposits | $489M | 77% | $291M | |
| Return on assets | 2.95% | 98% | 1.13% | |
| Net interest margin | 4.65% | 91% | 3.98% | |
| Efficiency ratio | 36.3% | 4% | 62.2% | |
| Equity to assets | 20.89% | 98% | 10.79% | |
| Loans to deposits | 55% | 4% | 82% |
Growth
Total assets grew 0.3% a year over the last 5 years and 2.0% a year over 10 years, without acquisitions.
Where they operate
15 branches in 11 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Dinwiddie County, VA | $160M | 42.4% | 1 of 3 |
| Prince George County, VA | $76M | 31.1% | 2 of 3 |
| Sussex County, VA | $51M | 31.2% | 2 of 3 |
| Petersburg City County, VA | $48M | 11.0% | 4 of 5 |
| Colonial Heights City County, VA | $36M | 3.2% | 8 of 10 |
| Emporia City County, VA | $34M | 12.6% | 4 of 4 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No change since 2016. The bank has operated 15 branches throughout, with none opened, acquired, closed or sold.
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Consumer | 68% | 7% | |
| Commercial real estate | 15% | 30% | |
| 1-4 family residential | 7% | 33% | |
| Business (C&I) | 6% | 11% | |
| Construction and land | 2% | 9% | |
| Farmland | 2% | 2% | |
| Agricultural | 1% | 1% | |
| Multifamily | 0% | 6% | |
| Other | 0% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 51% | 38% | |
| Noninterest-bearing | 40% | 29% | |
| Time deposits | 10% | 34% |
Brokered deposits are 0.0% of deposits (peers 4.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.08% | 0.28% |
| Net charge-offs, annualized | -0.01% | 0.04% |
| Reserves to loans | 1.40% | 1.10% |
| Leverage ratio | 23.38% | 11.66% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Virginia
Largest competitors in Dinwiddie County, VA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/southside-virginia