Bank of Southside Virginia vs Heritage Bank
Side-by-side bank health comparison using FDIC financial data
Bank of Southside Virginia (A) and Heritage Bank (A) are close on the BankHealth rubric. Asset bases: $683M versus $573M.
With grades this close, the choice between banks turns more on product fit, branch convenience, rates, and digital experience than on rubric-driven safety differences.
Verdict
Bank of Southside Virginia has a stronger Bank Health Score of 100/100 (A) compared to Heritage Bank at 100/100 (A), a difference of 0 points. Bank of Southside Virginia holds a Tier 1 capital ratio of 19.0% and an NPL ratio of 0.04%.
| Metric | Bank of Southside Virginia | Heritage Bank |
|---|---|---|
| Health Score Composite score (0-100) based on capital, loan quality, liquidity, and profitability | 100/100 (A) | 100/100 (A) |
| Tier 1 Capital Ratio Core equity capital as % of risk-weighted assets (8%+ is well-capitalized) | 19.0% | 20.1%* |
| NPL Ratio Nonperforming loans as % of total loans (lower is better) | 0.0% | 0.0%* |
| Liquidity Ratio Cash and liquid assets vs obligations | 42.4% | 65.4%* |
| Return on Assets Profitability metric (above 1% is strong) | 2.1% | 2.9%* |
| Total Assets | $683M | $573M |
| Total Deposits | $535M | $420M |
| Location | Carson, Virginia | Wood River, Nebraska |
Bank of Southside Virginia has a stronger Bank Health Score of 100/100 (A) compared to Heritage Bank at 100/100 (A), a difference of 0 points. Bank of Southside Virginia holds a Tier 1 capital ratio of 19.0% and an NPL ratio of 0.04%.