The Bank of Southside Virginia: how it compares with its peers
Against 19 VA banks with half to twice its assets, The Bank of Southside Virginia's strongest measure in Q2 2026 is return on assets (3.74% vs. a 1.22% peer median). Its weakest relative measure is assets per employee ($7.9M vs. $6.4M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 3.74% | 1.22% | Top third Ahead of 100% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.65% | 4.07% | Top third Ahead of 95% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 36.31% | 61.26% | Top third Ahead of 100% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.9M | $6.4M | Top third Ahead of 74% of peers |
| Loans to deposits Net loans and leases over total deposits. | 54.28% | 87.57% | Context |
What it means for lending operations
Its efficiency ratio of 36.31% is better than the 61.26% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- TruPoint Bank Grundy, VA · $691M
- The Bank of Marion Marion, VA · $634M
- Citizens Bank and Trust Company Blackstone, VA · $578M
- Select Bank Forest, VA · $524M
- Powell Valley National Bank Jonesville, VA · $516M
- Bank of Botetourt Buchanan, VA · $939M
Questions about The Bank of Southside Virginia
How big is The Bank of Southside Virginia?
The Bank of Southside Virginia, established in 1911, is headquartered in Carson, VA. It reported $670M in total assets in its Q2 2026 FDIC call report and operates 15 offices.
What is The Bank of Southside Virginia's return on assets?
3.74% annualized in Q2 2026, against a 1.22% median for 19 VA banks with half to twice its assets, ahead of 100% of them.
What is The Bank of Southside Virginia's efficiency ratio?
36.31% in Q2 2026: it spent about 36 cents in noninterest expense for each dollar of revenue. The peer median is 61.26%, and lower is better.
Is The Bank of Southside Virginia growing its loans?
Net loans shrank 11.5% over the year to Q2 2026, while deposits grew 2.4%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are VA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Virginia bank ranked.