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The Bank Of Southside Virginia

Carson, VA · Est. 1911 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

The Bank Of Southside Virginia is a bank based in Carson, Virginia, established in 1911, with $632 million in total assets across 15 branches. By Trust Grade it ranks 3rd of 56 banks we track in Virginia. Its capital ratio of 20.3% is stronger than 97% of similarly sized banks, versus a Virginia median of 10.8%. It was profitable over the most recent period, with a 1.73% return on assets. No consumer complaints against The Bank Of Southside Virginia appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$631.7M
$100M–1B institution
Deposits
$487.7M
Branches
15
Capital ratio
20.3%
Top 3% of $100M–1B peers · Virginia median 10.8%
Return on assets
1.7%
Top 21% of $100M–1B peers · Virginia median 1.12%
Rank in Virginia
#3
of 56 banks

How The Bank Of Southside Virginia compares to Virginia peers

Capital ratio
Top 3% of $100M–1B peers
The Bank
20.3%
Virginia median
10.8%
Higher capital ratio = stronger financial cushion
Return on assets
Top 21% of $100M–1B peers
The Bank
1.7%
Virginia median
1.1%
Higher ROA = more profitable relative to asset base

How we graded The Bank Of Southside Virginia

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (20.3% capital ratio)
  • Strongly profitable (ROA 1.73%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for The Bank Of Southside Virginia over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (15)

  • 18207 Virginia Ave, Boykins, VA 23827
  • 23003 Main St, Capron, VA 23829
  • 1310 Amory Drive, Franklin, VA 23851
  • 211 Jarratt Ave, Jarratt, VA 23867
  • 6401 Courthouse Rd, Prince George, VA 23875
  • 12441 Main St, Stony Creek, VA 23882
  • 26008 Cox Rd, Petersburg, VA 23803
  • 2703 S Crater Rd, Petersburg, VA 23805
  • 1400 W Atlantic St, Emporia, VA 23847
  • 631 N County Dr, Wakefield, VA 23888
  • 764 E Ellerslie Ave, Colonial Heights, VA 23834
  • 14003 Boydton Plank Rd, Dinwiddie, VA 23841
  • 4310 W Hundred Rd, Chester, VA 23831
  • 115 Main St, Smithfield, VA 23430
  • 17208 Halligan Park Rd, Carson, VA 23830

Are deposits at The Bank Of Southside Virginia insured?

Yes. The Bank Of Southside Virginia is an FDIC-insured bank (FDIC certificate #11580). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

The Bank Of Southside Virginia: frequently asked questions

Is The Bank Of Southside Virginia a good bank?

The Bank Of Southside Virginia earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (20.3% capital ratio); Strongly profitable (ROA 1.73%).

Is The Bank Of Southside Virginia FDIC-insured?

Yes. The Bank Of Southside Virginia is a FDIC-insured bank (FDIC certificate #11580). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is The Bank Of Southside Virginia?

The Bank Of Southside Virginia holds $632 million in total assets, ranking 3rd of 56 banks we track in Virginia. It operates 15 branches.

Does The Bank Of Southside Virginia have CFPB complaints?

No CFPB complaints against The Bank Of Southside Virginia appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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