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Bank of Southside Virginia, The

Carson, VA · Cert 11580 · Bank of Southside VA Corp. the

State charter, non-member · FDIC · 15 branches

Q2 2026

$670.3MAssets
$269.3MLoans
$489.2MDeposits
$140.0MEquity
Loan mix
24%RE $63.2M6%C&I $15.8M70%Consumer $184.7MQ2 2025Q2 2026
Deposit mix
60%Interest-bearing $295.9M40%Noninterest $193.3MQ2 2025Q2 2026

NIM

4.21%Q2 ’244.38%Q2 ’254.35%Q2 ’26+3%+6%

Non-interest income vs. expense

2.18%Q2 ’242.35%Q2 ’252.51%Q2 ’26+7%-113%

Market Position · Richmond, VA · 2026 SOD (annual) · 0.6% share · #13 of 30 inst. · $0.4B of $60.7B

42.4% Dinwiddie
31.1% Prince George
31.2% Sussex
11.0% Petersburg (City)

Executive Summary

  • Earnings: ROA of 3.72%, up 194 bps year over year; NIM at 4.13%.
  • Asset quality: problem loans at 0.08% of loans (+6 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 23.38%, up 257 bps from a year ago.
  • Funding: loans stand at 55.05% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

3.72%+194 bps YoY

Net Interest Margin (YTD, annualized)

4.13%+22 bps YoY

Efficiency Ratio (YTD, annualized)

36.45%-1,677 bps YoY

Tier 1 Leverage Ratio

23.38%+257 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.78%1.76%1.95%1.73%3.72%+194 bps
Return on Equity10.13%9.79%10.66%8.66%18.33%+821 bps
Net Interest Margin3.91%3.97%4.09%4.06%4.13%+22 bps
Efficiency Ratio53.22%53.11%51.12%57.54%36.45%-1,677 bps
Non-Interest Burden1.86%1.87%1.75%2.14%-0.25%-210 bps
Growth
Asset Growth (YoY)-4.77%-3.78%-3.46%-4.85%3.03%+780 bps
Loan Growth (YoY)-12.56%-12.97%-13.58%-15.37%-11.33%+123 bps
Deposit Growth (YoY)-10.63%-1.15%-3.32%-0.83%2.37%+1,300 bps
Asset Quality
Nonperforming Loans / Loans0.02%0.04%0.10%0.10%0.08%+6 bps
Net Charge-Offs / Loans-0.03%-0.02%-0.02%-0.02%-0.01%+3 bps
Allowance / Loans1.24%1.28%1.33%1.42%1.40%+16 bps
Allowance Coverage of NPLs50.8x34.7x14.0x14.5x17.3x-33.5x
Capital
Tier 1 Leverage Ratio20.80%21.53%21.86%22.32%23.38%+257 bps
Total Risk-Based Capital20.80%21.53%21.86%22.32%23.38%+257 bps
Equity / Assets18.29%19.43%19.60%20.32%20.89%+260 bps
Liquidity & Funding
Loans / Deposits63.55%59.69%58.64%54.42%55.05%-851 bps
Liquid Assets / Assets10.07%10.46%9.39%9.16%8.64%-142 bps
CRE / Total Capitaln/a29.65%28.69%26.91%n/an/a