R Bank is a small bank with offices in Round Rock and Austin, Texas. The bank requires new customers to come into the branch to open accounts.
Ken, Why doesn't R Bank show up in the list of Rewards Checking Accounts in Texas with high interest rates? After finding your Nov 2013 review of R Bank Rewards Checking, I opened a Rewards Checking Account at rbanktexas , and have been very satisfied. Pays 3.25% on the first 15k, and then 1.01% on the balance above 15k. I had to open in person, so easy for people in Central Texas, but not elsewhere.
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 R Bank had $0 in non-current loans and owned real-estate with $23.82 million in equity and loan loss allowances on hand to cover it. This gives R Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
In the past year, R Bank has increased its total deposits by $94.05 million, resulting in 64.41% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth R Bank has shown is excellent.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. R Bank has $262.28 million in assets with $23.82 million in equity, resulting in a capitalization level of 9.08%, which is average.
|FDIC Certificate #||58935|
|Assets and Liabilities|
|Equity Capital||$22.04 million|
|Loan Loss Allowance||$1.78 million|
|Real Estate Owned||$0|
|Historic Data - December 2012|
|Equity Capital||$19.13 million|
|Loan Loss Allowance||$1.10 million|
|Unbacked Noncurrent Loans||$0|
|Real Estate Owned||$0|
|Profit Margin - Quarterly|
|Net Interest Margin||3.16%|
|Return on Assets||0.1%|
|Return on Equity||1.05%|
|Interest Income||$7.90 million|
Always verify rates and promotions with the bank or credit union. We are not R Bank, we are a rate comparison website and can not provide official rates or promotions.
|3.25%||-||$15k||R Best Checking|
|0.10%||-||-||R Best Checking - Non Qualifying|
|R Bank Locations|
|R Bank||1900 Round Rock Avenue||Round Rock, TX 78681|
|Georgetown Branch||2415 Williams Dr.||Georgetown, TX 78628|
|Westlake Branch||3103 Bee Caves Rd., Sutie 110||Rollingwood, TX 78746|