ifrs-full_DividendsPaidClassifiedAsFinancingActivities Dividends paid Statement Table [Table] Statement Line Items [Line Items] Discloure of Significant Accounting Policies Document And Entity Information Note To Financial Statement Details Textual Note 5 - Credit Assets, Net of Allowance for Credit Losses Note 6 - Other Assets Issuance of common shares, net of issue costs Proceeds from issuing shares Note 7 - Subordinated Notes Payable Principal amount Principal amount Notional amount Note 8 - Other Liabilities Note 9 - Share Capital Note 11 - Income Per Common Share Financing: Note 13 - Commitments, Contingencies and Pledged Assets ifrs-full_CashFlowsFromUsedInInvestingActivities Cash flows from (used in) investing activities Note 15 - Capital Management Note 16 - Interest Rate Risk Position Note 17 - Fair Value of Financial Instruments Note 18 - Operating Segmentation Note 5 - Credit Assets, Net of Allowance for Credit Losses - Portfolio Analysis (Details) Note 5 - Credit Assets, Net of Allowance for Credit Losses - Summary of Loan, ECL, and EL Amounts by Lending Asset Category (Details) Note 5 - Credit Assets, Net of Allowance for Credit Losses - Expected Credit Loss Sensitivity (Details) Note 5 - Credit Assets, Net of Allowance for Credit Losses - Reconciliation of ECL Allowance by Lending Asset Category (Details) Disclosure of detailed information about borrowings [text block] Note 6 - Other Assets - Schedule of Other Assets (Details) Note 7 - Subordinated Notes Payable - Schedule of Subordinated Notes Payable (Details) Note 7 - Subordinated Notes Payable - Schedule of Subordinated Notes Payable (Details) (Parentheticals) Note 8 - Other Liabilities - Schedule of Other Liabilities (Details) Note 9 - Share Capital - Stock Option Transactions (Details) Note 11 - Income Per Common Share - Basic and Diluted Income Per Common Share (Details) Note 13 - Commitments, Contingencies and Pledged Assets - Credit Related Commitments (Details) Note 15 - Capital Management - Risk-based Capital Ratios (Details) Disclosure of detailed information about financial instruments [text block] Note 16 - Interest Rate Risk Position - Analysis of Sensitivity to Market Interest Rates (Details) Note 17 - Fair Value of Financial Instruments - Fair Value of Financial Instruments (Details) Note 18 - Operating Segmentation - Results of Reportable Operating Segments (Details) ifrs-full_HedgedItemAssets Hedged item, assets Notes To Financial Statements Notes To Financial Statements [Abstract] Other debt instruments held [member] Relating to other securities. ifrs-full_PurchaseOfInterestsInAssociates Purchase of interests in associates Right-of-use assets Lease obligations Disclosure of loans and advances to customers [text block] ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities Purchase of property and equipment ifrs-full_CashFlowsFromUsedInOperatingActivities Cash flows from (used in) operating activities ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities Income taxes paid versb_PaymentsForProceedsFromLeaseObligationsClassifiedAsFinancingActivities Repayment of lease obligations The cash outflow (inflow) for payment of (proceeds from) lease obligations, classified as financing activities. versb_AverageDailyTradingVolume Average daily trading volume (in shares) The average daily trading volume of an entities shares over a period of time. ifrs-full_InterestPaidClassifiedAsOperatingActivities Interest paid Disclosure of objectives, policies and processes for managing capital [text block] Interest received Net income Net income (loss) Net income Cash provided by (used in): Disclosure of reclassifications or changes in presentation [text block] versb_SharesPurchasedAndCancelledDuringPeriod Shares purchased and cancelled during period (in shares) The number of shares purchased and cancelled during the period Cash and cash equivalents [member] Represents cash and cash equivalents. Cybersecurity segment [member] Represents the cybersecurity segment. Segments [axis] Other financial liabilities [member] Represents other financial liabilities. Other financial assets [member] Represents other financial assets. ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets Expense from share-based payment transactions Accounting estimates [axis] ifrs-full_FinancialAssets Financial assets Total credit assets, net of allowance for credit losses Amortized cost, assets ifrs-full_FinancialAssetsAtAmortisedCost FVOCI, assets ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome FVTPL, assets ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss FVOCI, liabilities ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability Provision (recovery) from reported ECL ifrs-full_NumberOfOutstandingShareOptions Outstanding, beginning of period Outstanding, end of period Weighted average number of common shares outstanding (in shares) Accumulated other comprehensive income [member] Disclosure of earnings per share [text block] Accumulated other comprehensive income (loss) Accumulated other comprehensive income (loss), net of taxes ifrs-full_FinancialLiabilities Financial liabilities ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement Expired Amortized cost, liabilities ifrs-full_FinancialLiabilitiesAtAmortisedCost ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement Exercised Categories of financial assets [axis] Disclosure of number and weighted average exercise prices of share options [text block] FVTPL, liabilities ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement Forfeited/cancelled versb_PaymentsForThePurchaseAndCancellationOfCommonShares Purchase and cancellation of common shares Payments for the purchase and cancellation of common shares Granted versb_NumberOfReportableSegments1 Number of reportable segments The number of reportable segments by the entity at a date. versb_FinancialAssetsQualifiedForHedgeAccounting Financial assets qualified for hedge accounting The amount of financial assets qualified for hedge accounting. Key management personnel of entity or parent [member] Categories of related parties [axis] Total liabilities ifrs-full_Liabilities Liabilities Income (loss) before income taxes Income before income taxes Premises and equipment The amount of depreciation expense, amortisation expense, impairment loss (reversal of impairment loss), and other premeses costs recognised in profit or loss. [Refer: Depreciation and amortisation expense; Impairment loss (reversal of impairment loss) recognised in profit or loss] Replacement cost associated with all derivative transactions Represents the replacement cost of derivative exposure. Add-on amounts for PFE associated with all derivative transactions Represents the amount of add ons to derivative exposure. ifrs-full_InterestRevenueExpense Net interest income Net interest income Tier 1 capital versb_Tier1Capital Represents the amount of Tier 1 capital. Operating segments [member] Elimination of intersegment amounts [member] Total derivative exposures Represents the amount of derivative exposure. ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions Revenue from rendering of services, related party transactions Disclosure of operating segments [text block] Segment consolidation items [axis] Disclosure of entity's operating segments [text block] Disclosure of related party [text block] Credit asset originations Contributed surplus ifrs-full_AdditionalPaidinCapital Contributed surplus Additional paid-in capital [member] Adjustment for purchased and cancelled common shares The amount of adjustment for cancelled common shares during the period. Disclosure of other assets [text block] Disclosure of other liabilities [text block] Amortization Stock-based compensation (note 9) ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates Adjustments for gain (loss) on disposal of investments in subsidiaries, joint ventures and associates ifrs-full_ComprehensiveIncome Comprehensive income Other comprehensive income (loss) ifrs-full_DividendsPaid Dividends paid on common shares Issued during the period Issue of equity Income tax provision ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks Deposits Accounting estimates [domain] ifrs-full_AdjustmentsForInterestIncome Interest income Government of Canada Bond [Member] Relating to Government of Canada Bond Interest expense Disclosure of how entity manages liquidity risk [text block] Provision for credit losses Provision for (recovery of) credit losses Stock-based compensation ifrs-full_EquityAndLiabilities Equity and liabilities Foreign exchange rate change on assets and liabilities Adjustments to determine net cash flows: Accounts payable and other VersaFinance US Corp [member] Represents information pertaining to VersaFinance US Corp. Disclosure of fair value of financial instruments [text block] Retained earnings Retained earnings Directly issued capital instruments Share capital (note 9) Assets and liabilities [domain] Statement of financial position [abstract] At fair value [member] versb_GainLossOnHedgeEffectivenessRecognisedInOtherComprehensiveIncome Gain loss on hedge effectiveness recognised in other comprehensive income The gain (loss) recognised in other comprehensive income on hedge effectiveness. Shareholders' equity: Liabilities and Shareholders' Equity versb_IncreaseInNumberOfSharesOutstandingIssueOfEquity Increase in number of shares outstanding, issue of equity (in shares) The increase in the number of shares outstanding from issue of equity. Borrowings by name [domain] versb_IssueOfEquityPricePerShare Issue of equity, price per share (in dollars per share) Per share or per unit price of equity issued. Capital requirements [domain] versb_PercentageOfBaseOffering Percentage of base offering Percentage of base offering. Multi-family residential loans and other [member] Represents Multi-Family Residential Loans and Other. Receivable purchase program [member] Represents the Receivable purchase program. Digital Meteor [Member] Represents Digital Meteor. Derivative liabilities [member] Represents derivative liabilities. Stage 3 [member] Represents stage 3. Issued for over allotment [member] Represents issued for over allotment. Digital Banking Canada [member] Relating to Digital Banking Canada. Issued as treasury offering [member] Represents issued as treasury offering. Digital Banking USA [member] Relating to Digital Banking USA. Categories of financial assets [domain] Categories of related parties [domain] Classes of financial assets [domain] versb_ConsiderationFromDisposalOfInvestmentInAssociate Consideration from disposal of investment in associate The amount of cash consideration from the disposal of investment in associate. Classes of financial liabilities [domain] Classes of financial instruments [domain] Classes of assets [domain] versb_ProceedsFromDisposalOfShares Disposal of Stablecorp shares The proceeds from the disposal of shares. Strategic divesture [text block] The disclosure for the strategic divesture. Classes of other provisions [domain] Level 3 of fair value hierarchy [member] Classes of share capital [domain] versb_CashPledgedAgainstOffbalanceSheetLiabilities Cash pledged against off-balance sheet liabilities Amount of cash pledged against off-balance sheet liabilities. Classes of ordinary shares [domain] Level 2 of fair value hierarchy [member] Level 1 of fair value hierarchy [member] Effect of exchange rate changes on cash Disclosure of financial assets [text block] Earnings per share [text block] Conversion of preferred shares into common shares [member] Represents the conversion of preferred share into common stock. versb_ConversionOfSharesPercentOfOwnershipFromConversion Conversion of shares, percent of ownership from conversion The percentage of ownership resulting from the conversion of shares. Components of equity [domain] Credit impairment of financial instruments [domain] Foreign exchange forward contract settlement The value of foreign exchange forward settlement classified as investing activities. Income tax provision Income tax provision (note 10) Tax expense (income) Derecognitions and maturities The increase (decrease) in other provisions through adjustments arising from the passage of time. Profit or loss [abstract] Transfer in (out) to Stage 1 The increase (decrease) in other provisions resulting from transfers into and out of stage 1. [Refer: Other provisions]. Transfer in (out) to Stage 3 The increase (decrease) in other provisions resulting from transfers into and out of stage 1. [Refer: Other provisions]. ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges Change in cash versb_ValueFromTheExerciseOfOptions Value From The Exercise Of Options The value of the options that were exercised in the period. Transfer in (out) to Stage 2 The increase (decrease) in other provisions resulting from transfers into and out of stage 2. [Refer: Other provisions]. ifrs-full_AmountsReceivableRelatedPartyTransactions Amounts receivable, related party transactions Foreign currency impact Accrued interest ifrs-full_InterestReceivable Net remeasurement of loss allowance Investment (note 6a) ifrs-full_ProvisionUsedOtherProvisions Write-offs US Treasury Bills [Member] Relating to US Treasury Bills. Other assets (note 6) Other assets Sensitivity analysis for types of market risk [text block] ifrs-full_SubordinatedLiabilities Subordinated liabilities Other liabilities (note 8) Other liabilities Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [text block] ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss Gain (loss) on hedge ineffectiveness recognised in profit or loss versb_ProceedsFromPurchaseOfSecuritiesClassifiedAsInvestingActivities Sale (purchase) of securities Proceeds from sale or purchase of securities classified as investing activities. Other assets [member] Basic and diluted income per common share (note 11) (in CAD per share) Ordinary shares [member] Classes of ordinary shares [axis] Salaries and benefits versb_SharesIssuedFromStockOptionExercises Shares issued from stock option exercises (in shares) Represents the number of shares issued from stock option exercises during the period. Forward contract [member] Interest rate swap contract [member] Currency swap contract [member] Other comprehensive income (loss): Satisfactory Grade Loans [Member] Relating to satisfactory graded loans. versb_PercentageOfLendingAssets Percentage of Lending Assets Represents the percentage of landing assets. Derivatives [member] ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities Financial assets pledged as collateral for liabilities or contingent liabilities Credit assets, net of allowance for credit losses (note 5) Accretion of discount on securities Adjustments for accretion of discount on securities to reconcile profit (loss) to net cash flow from (used in) operating activities. Levels of fair value hierarchy [domain] Classes of assets [axis] ifrs-full_ReserveOfCashFlowHedges Reserve of cash flow hedges Securities [member] This member stands for securities. Measurement [domain] ifrs-full_ReductionOfIssuedCapital Reduction of issued capital Purchased and cancelled during the period Statement of cash flows [abstract] Classes of financial assets [axis] Share issue cost adjustment ifrs-full_ShareIssueRelatedCost Share issue related cost Classes of financial instruments [axis] Loan commitments [member] Statement of changes in equity [abstract] General and administrative Classes of financial liabilities [axis] Subordinated notes Interest rate risk [member] Deposits and other Impairment of assets Adjustments for impairment loss (reversal of impairment loss) on assets recognised in profit or loss to reconcile profit (loss) to net cash flow from (used in) operating activities. ifrs-full_InterestExpense Interest expense Types of risks [axis] ECL allowance Allowance for expected credit losses Other provisions Allowance for credit losses Balance Balance Recoveries Disclosure of basis of preparation of financial statements [text block] Interest income: Non-interest expenses: Interest contractual rate The interest contractual rate on borrowings. Interest expense: Segments [domain] Provision for (recovery of) credit losses (note 5) Provision for (recovery of) credit losses The amount of increase (decrease) in allowance account for credit losses of loans. versb_NumberOfSharesTraded Number of shares traded (in shares) The number of shares traded on exchange system. Segment consolidation items [domain] Non-interest income Non-interest income The amount of noninterest income. Noninterest expense Noninterest expense The amount of noninterest expense. versb_NumberOfSharesTradedOnTseSystem Number of shares traded on TSE system (in shares) The number of shares traded on Toronto Stock Exchange system. Measurement [axis] versb_MaximumNumberOfSharesAllowedToBePurchasedForCancellation Maximum number of shares allowed to be purchased for cancellation (in shares) The maximum number of shares allowed to be purchased for cancellation. Risk variables [domain] versb_PercentOfPublicFloat Percent of public float Represents percentage of public float. versb_NumberOfSharesInPublicFloat Number of shares in public float (in shares) The number of shares in public float. Provision for credit commitments [member] Interest coupon rate The interest coupon rate on borrowings. versb_RevenueLessProvisionForCreditLoss Revenue less provision for credit loss Revenue less provision for credit loss The income arising in the course of an entity's ordinary activities, less the provision for credit loss. versb_NumberOfSharesTradedOnAlternateExchangesAndTradingSystems Number of shares traded on alternate exchanges and trading systems (in shares) The number of shares traded on alternate exchanges and trading systems. Subsidiaries [domain] Associates [domain] Classes of other provisions [axis] Credit assets Adjustments for decrease (increase) in loans and receivables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)] Classes of share capital [axis] Change in other assets and liabilities Adjustments for decrease (increase) in other assets and liabilities to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)] Disclosure of borrowings [text block] versb_NumberOfOperatingSegments1 Number of operating segments 1 The number of operating segments of the entity. Retained earnings [member] Types of risks [domain] ifrs-full_Revenue Total revenue Total revenue Credit assets ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers Document Information [Line Items] Canada Stablecorp Inc.[member] Represents Canada Stablecorp Inc. Other ifrs-full_InterestIncomeOnOtherFinancialAssets Document Information [Table] Deposits from banks [member] This member stands for deposits from banks. Components of equity [axis] Issued capital [member] Disclosure of detailed information about other assets [text block] The disclosure of detailed information about other assets. ifrs-full_RevenueFromInterest Interest income Maturity date The maturity date of borrowings. Subordinated notes payable [member] This member stands for the subordinated notes payable. Subordinated notes payable, maturing May 2031 [member] This member stands for subordinated notes payable maturing May 2031. Cash reserves on structured receivable program The amount of holdback payable on loan and lease receivables. Disclosure of detailed information about other liabilities [text block] The disclosure of detailed information about other liabilities. Cash collateral and amounts held in escrow The amount of cash collateral and held in escrow. Item that may subsequently be reclassified to net income: Foreign exchange gain (loss) on translation of foreign operations Amendment Flag Disclosure of changes in accounting policies [text block] ifrs-full_ApplicableTaxRate Applicable tax rate Legal Entity [Axis] ifrs-full_NumberOfSharesOutstanding Number of shares outstanding (in shares) Cash Cash, beginning of the period Cash, end of the period Disclosure of income tax [text block] Total assets ifrs-full_Assets Assets Entity [Domain] Entity Central Index Key Accounts receivable Entity Registrant Name Deferred income tax asset Disclosure of commitments and contingent liabilities [text block] Disclosure of commitments [text block] Disclosure of classes of share capital [text block] Intangible assets Goodwill ifrs-full_Equity Equity Balance, beginning of the period Balance, end of the period Property and equipment Assets and liabilities [axis] Assets Duration difference between assets and liabilities (months) (Month) The duration difference of risk exposure between assets and liabilities. ifrs-full_ProportionOfOwnershipInterestInAssociate Proportion of ownership interest in associate Risk variables [axis] Associates [axis] Increase 100 bps [member] This member stands for increase of 100 bps. Decrease 100 bps [member] This member stands for decrease of 100 bps. Impact on projected net interest income during a 12 month period The risk exposure of net income during a 12 month period. Corporation controlled by key management personnel [member] This member stands for corporation controlled by key management personnel. Letters of credit [member] This member stands for letters of credit. Loans [member] This member stands for loans. Subordinated notes [member] This member stands for subordinated notes. Other liabilities [member] This member stands for other liabilities. Disclosure of regulatory capital and capital ratios [text block] The disclosure of regulatory capital and capital ratios. Financial instruments credit-impaired [member] Credit impairment of financial instruments [axis] Disclosure of loans, net [text block] The disclosure of loans, net. Variance from reported ECL (%) The percent change in fair value of financial instrument attributable to the changes in credit risk. Upside, 100% [member] This member stands for 100% upside risk. Disclosure of loans by lending asset category [text block] The disclosure of loans by lending asset category. Stage 1 [member] This member stands for stage 1, or loans or other financial instruments that have not experienced a SICR since initial recognition. Subsidiaries [axis] Stage 2 [member] This member stands for stage 2, or loans or financial instruments that have experienced a SICR since initial recognition. Baseline, 100% [member] This member stands for 100% baseline risk. Downside, 100% [member] This member stands for 100% downside risk. Disclosure of Reconciliation of changes in allowance account for credit losses of financial assets [text block] The disclosure of reconciliation of changes in allowance account for credit losses of financial assets. ifrs-full_NotesAndOtherExplanatoryInformationAbstract Notes to Financial Statements versb_MaximumPercentageOfCreditRiskweightedAssetsForAllowance Maximum percentage of credit risk-weighted assets for allowance The maximum percentage of credit risk-weighted assets for allowance. versb_RequiredMinimumCapitalRatioCommonEquityTier1 Required minimum capital ratio, common equity tier 1 The common equity tier 1 required minimum capital ratio. Granted, weighted average exercise price (in CAD per share) Forfeired/cancelled, weighted average exercise price (in CAD per share) Expired, weighted average exercise price (in CAD per share) Exercised, weighted average exercise price (in CAD per share) Common equity tier 1 [member] This member stands for common equity tier 1. Capital Tier 1 [member] This member stands for capital tier 1 Tier 2 capital [member] This member stands for tier 2 capital. ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019 Outstanding, beginning of period (in CAD per share) Outstanding, end of period (in CAD per share) Total risk-weighted assets versb_RiskweightedAssets The amount of risk-weighted assets. versb_RequiredMinimumCapitalRatioTier1Capital Required minimum capital ratio, tier 1 capital The tier 1 capital required minimum capital ratio. versb_RequiredMinimumCapitalRatioTotalCapital Required minimum capital ratio, total capital The total capital required minimum capital ratio. versb_CapitalConservationBuffer Capital conservation buffer The capital conservation buffer. versb_MinimumLeverageRatio Minimum leverage ratio The minimum leverage ratio. Transitional [member] This member stands for transitional. Leverage ratio versb_LeverageRatio The leverage ratio. Basel III [member] This member stands for Basel III. Total on-balance sheet exposures versb_OnbalanceSheetExposure The total on-balance sheet exposure. Regulatory capital versb_RegulatoryCapital The amount of regulatory capital. Regulatory capital before adjustments versb_RegulatoryCapitalBeforeAdjustments The amount of regulatory capital before adjustments. Adjustments to capital versb_RegulatoryAdjustmentsToCapital The amount of regulatory adjustments to capital. Capital ratio versb_CapitalRatio The capital ratio. EL % Loans, net [member] This member stands for loans net of allowance. Total off-balance sheet exposures versb_OffbalanceSheetExposure The total off-balance sheet exposure. Adjustments for conversion to credit equivalent amount versb_AdjustmentsForConversionToCreditEquivalentAmount The amount of adjustments for conversion to credit equivalent amount. Total off-balance sheet exposure at gross notional amount versb_OffbalanceSheetExposureGrossNotionalAmount The amount of gross notional amount of off-balance sheet exposure. Total exposures versb_TotalExposure The amount of total on-balance sheet and off-balance sheet exposure. Prepaid expenses and other The amount of prepaid expenses and other assets. Subordinated notes payable ifrs-full_Borrowings Borrowings by name [axis] Borrowings, adjustment to interest rate basis Subordinated notes payable (note 7) Interest rate Current income tax liability Disclosure of notes and explanatory information [text block] Disclosure of notes and explanatory information. Capital requirements [axis] Securities (note 4) Government debt instruments held Disclosure of debt instruments [text block] Deferred income tax liability Deposits ifrs-full_CashFlowsFromUsedInFinancingActivities Cash flows from (used in) financing activities Levels of fair value hierarchy [axis] Derivative instruments (note 12) ifrs-full_DerivativeFinancialLiabilities Derivative instruments (note 12) Credit asset commitments Document Fiscal Period Focus Entity Address, State or Province Document Fiscal Year Focus Entity Address, City or Town Entity Address, Address Line One Entity Address, Postal Zip Code Entity Address, Country Document Period End Date Document Type Entity File Number Current Fiscal Year End Date