Riverside Savings Bank, SSB
Roanoke Rapids, North Carolina, Halifax County
$95M in total assets, the 3,772nd largest of 4,309 US banks and 33rd of 39 headquartered in North Carolina.
- FDIC certificate
- 28314
- Established
- 1914
- Owned by
- No holding company
- Primary regulator
- FDIC
- Website
- www.riversidesavings.com
At a glance
Compared with 580 US banks with under $100 million in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $95M | 93% | $62M | |
| Loans | $59M | 87% | $31M | |
| Deposits | $72M | 80% | $51M | |
| Return on assets | 0.33% | 22% | 0.96% | |
| Net interest margin | 3.25% | 21% | 3.85% | |
| Efficiency ratio | 81.9% | 72% | 70.8% | |
| Equity to assets | 17.21% | 75% | 12.56% | |
| Loans to deposits | 82% | 72% | 67% |
Growth
Total assets grew 1.4% a year over the last 5 years and 6.4% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2018 | Roanoke Valley Savings Bank, SSB Roanoke Rapids, NC | $34M |
Where they operate
2 branches in 1 county.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Halifax County, NC | $72M | 8.5% | 6 of 8 |
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 net change since 2016 (2 branches then and now). 0 opened, 1 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 2 | |||
| 2018 | Acquired Roanoke Valley Savings Bank, SSB | 1 | 0 | +1 | 3 |
| 2019 | Closed Roanoke Rapids | 0 | 1 | −1 | 2 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 57% | 33% | |
| Multifamily | 22% | 2% | |
| Construction and land | 16% | 4% | |
| Commercial real estate | 4% | 14% | |
| Business (C&I) | 1% | 12% | |
| Consumer | 1% | 7% | |
| Farmland | 0% | 13% | |
| Agricultural | 0% | 13% | |
| Other | 0% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 58% | 40% | |
| Time deposits | 38% | 36% | |
| Noninterest-bearing | 4% | 24% |
Brokered deposits are 3.4% of deposits (peers 1.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.00% | 0.46% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 0.68% | 1.24% |
| Leverage ratio | 18.78% | 13.04% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in North Carolina
Largest competitors in Halifax County, NC
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/banks/riverside-savings-bank-ssb-roanoke-rapids-nc