Vitals
  • Total Assets
    1.1B 7.2 %
  • Total Deposits
    727.3M -7.5 %
  • Total Net Loans
    584.1M -4.0 %
  • Net Income
    441000.0000 -85.1 %
  • Book Value
    113.0M 20.2 %
  • Book Value x2
    226.0M 20.2 %
  • Book Value x3
    339.0M 20.2 %
ROAA

.161

ROAE

1.566

Efficiency Ratio

49.874

Net Interest Margin

4.133

Balance Sheet Highlights
Financial Highlights Southern Financial Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 1,098,967 285,922
Total Net Loans 584,090 186,897
Total Deposits 727,281 239,387
Total Equity 112,985 26,598
Profitability
Net Income 441 1,971
Return on Average Assets .161 1.057
Return on Average Equity 1.566 11.327
Net Interest Margin 4.133 4.07
Efficiency Ratio 49.874 65.972
Noninterest Income/Revenue 10.198 14.747
Balance Sheet Ratios
Loan-to-Deposit 80.312 77.468
Securities/Assets .38 .639
Total Equity/Total Assets .103 .093
Tangible Equity/Tangible Assets .089 -.295
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 99,623 24,241
Tier 2 Capital 9,252 2,720
Total Capital 108,875 27,375
Total Risk Weighted Assets 738,881 201,895
Leverage Ratio 9.18 9.226
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.48 12.932
Total Capital Ratio 14.74 14.315

Timeline for Southern Financial Bank

Provident Bank Of Maryland

Southern Financial Bank was acquired by Provident Bank Of Maryland 20 years

View Profile May 01 2004

Metro-County Bank Of Virginia, Inc.

Acquisition: Southern Financial Bank acquired a new subsidiary, Metro-County Bank Of Virginia, Inc., 21 years

View Profile Aug 15 2002

First Savings Bank Of Virginia

Acquisition: Southern Financial Bank acquired a new subsidiary, First Savings Bank Of Virginia, 23 years

View Profile Sep 01 2000

The Horizon Bank Of Virginia

Acquisition: Southern Financial Bank acquired a new subsidiary, The Horizon Bank Of Virginia, 24 years

View Profile Oct 01 1999

Southern Financial Bancorp, Inc.

Southern Financial Bancorp, Inc. became a new parent organization for Southern Financial Bank.

View Profile Dec 01 1995

Want to see more?

Complete timeline for Southern Financial Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Provident Bank Of Maryland Buyer 6,191,049 Acquisition Discontinued 5/1/2004
Metro-County Bank Of Virginia, Inc. Seller 90,338 Acquisition Discontinued 8/15/2002
First Savings Bank Of Virginia Seller 76,341 Acquisition Discontinued 9/1/2000
The Horizon Bank Of Virginia Seller 127,667 Pooling of Interests Discontinued 10/1/1999
Relationships Role Relationship Start Relationship End
Southern Financial Bancorp, Inc. Parent 12/1/1995 4/30/2004
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