BANK OF SOUTHSIDE VIRGINIA
CARSON, VIRGINIA · FDIC Cert #11580
Capital & Safety Analysis
According to FDIC financial data, BANK OF SOUTHSIDE VIRGINIA holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject BANK OF SOUTHSIDE VIRGINIA to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
BANK OF SOUTHSIDE VIRGINIA shows strong financial health indicators. With $683M in assets and a Health Score of 65/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
BANK OF SOUTHSIDE VIRGINIA has a Bank Health Score of B (65/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
BANK OF SOUTHSIDE VIRGINIA holds $683M in total assets and $535M in total deposits. It is located in CARSON, VIRGINIA (FDIC Certificate #11580).
BANK OF SOUTHSIDE VIRGINIA has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.04%, and the return on assets is 2.05%.
Yes. BANK OF SOUTHSIDE VIRGINIA is FDIC-insured (Certificate #11580). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.