Vitals
  • Total Assets
    1.1B 10.3 %
  • Total Deposits
    914.4M 10.6 %
  • Total Net Loans
    921.8M 12.3 %
  • Net Income
    10.4M 10.5 %
  • Book Value
    125.0M 5.6 %
  • Book Value x2
    250.1M 5.6 %
  • Book Value x3
    375.1M 5.6 %
ROAA

.963

ROAE

8.552

Efficiency Ratio

52.204

Net Interest Margin

3.987

Balance Sheet Highlights
Financial Highlights Sonabank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 1,142,002 858,303
Total Net Loans 921,805 607,607
Total Deposits 914,358 699,932
Total Equity 125,047 97,657
Profitability
Net Income 10,413 7,896
Return on Average Assets .963 .794
Return on Average Equity 8.552 6.983
Net Interest Margin 3.987 3.805
Efficiency Ratio 52.204 71.157
Noninterest Income/Revenue 5.557 16.327
Balance Sheet Ratios
Loan-to-Deposit 100.815 84.705
Securities/Assets .078 .136
Total Equity/Total Assets .109 .114
Tangible Equity/Tangible Assets .099 .103
Capital Adequacy
Tier 1 Common Capital 114,779 87,521
Tier 1 Capital 114,779 87,589
Tier 2 Capital 8,610 6,159
Total Capital 123,389 93,977
Total Risk Weighted Assets 914,466 657,024
Leverage Ratio 10.45 10.765
Common Equity Tier 1 Capital Ratio 12.55 14.768
Tier 1 Capital Ratio 12.55 14.769
Total Capital Ratio 13.49 15.893

Timeline for Sonabank

Prince George's Federal Savings Bank

Acquisition: Sonabank acquired a new subsidiary, Prince George's Federal Savings Bank, 9 years

View Profile Aug 01 2014

Southern Trust Mortgage Llc

Southern Trust Mortgage Llc became a new subsidiary organization for Sonabank.

View Profile May 15 2014

Harvest Bank Of Maryland

Acquisition: Sonabank acquired a new subsidiary, Harvest Bank Of Maryland, 12 years

View Profile Apr 28 2012

Greater Atlantic Bank

Acquisition: Sonabank acquired a new subsidiary, Greater Atlantic Bank, 14 years

View Profile Dec 05 2009

1St Service Bank

Acquisition: Sonabank acquired a new subsidiary, 1St Service Bank, 17 years

View Profile Dec 02 2006

Want to see more?

Complete timeline for Sonabank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Prince George's Federal Savings Bank Seller 101,387 Acquisition Discontinued 8/1/2014
Harvest Bank Of Maryland Seller 163,019 Failure 4/28/2012
Greater Atlantic Bank Seller 203,262 Failure 12/5/2009
1St Service Bank Seller 128,004 Acquisition Discontinued 12/2/2006
Relationships Role Relationship Start Relationship End
Southern National Bancorp Of Virginia, Inc. Parent 4/14/2005
Southern Trust Mortgage Llc Subsidary 5/15/2014
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