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Overview / Commentary
1655 North 23rd Street
Mcallen, TX 78502

Rio Bank is headquartered in Mcallen and is the 221st largest bank in the state of Texas. It is also the 2,657th largest bank in the nation. It was established in 1985 and as of March of 2014, it had grown to 87 employees at 8 locations. Rio Bank has a B health rating.

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Reviews (1)

Terrible Institution

Rio Bank is a terrible institution.  Horrible online system.  No help on the weekends.  Is this bank stuck in the stone age or what?  We pulled our accounts as soon as we found out about it. 


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Rio Bank had $5.71 million in non-current loans and owned real-estate with $23.16 million in equity and loan loss allowances on hand to cover it. This gives Rio Bank a Texas Ratio of 24.66% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Rio Bank experienced no significant changes from 27.05% as of March 31, 2013 to 24.66% as of March 31, 2014, resulting in a positive change of 8.82%.This indicates that the balance sheet and financial strength for Rio Bank has had no significant changes in recent periods.

Deposit Growth


In the past year, Rio Bank has increased its total deposits by $30.19 million, resulting in 16.06% 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 Rio 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. Rio Bank has $239.86 million in assets with $23.16 million in equity, resulting in a capitalization level of 9.66%, which is above average.

Institution Statistics

FDIC Certificate #25886
Year Established1985
Primary RegulatorFDIC
Assets and Liabilities
Assets$239.86 million
Loans$147.72 million
Deposits$218.15 million
Equity Capital$21.02 million
Loan Loss Allowance$2.14 million
Unbacked Noncurrent Loans$1.92 million
Real Estate Owned$3.79 million
Historic Data - March 2013
Assets$218.36 million
Equity Capital$20.99 million
Loan Loss Allowance$2.36 million
Unbacked Noncurrent Loans$1.92 million
Real Estate Owned$4.77 million
Profit Margin - Quarterly
Net Interest Margin5.18%
Return on Assets0.68%
Return on Equity7.71%
Interest Income$2.97 million

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Rio Bank Locations
Weslaco Branch1000 N. Westgate DriveWeslaco, TX 78596
Rio Bank1655 North 23rd StreetMcallen, TX 78502
Brownsville Branch3401 Old Hwy. 77Brownsville, TX 78520
Palmview Branch401 North Bentsen Palm DriveMission, TX 78572
San Juan Branch401 West Fm 495San Juan, TX 78589
Mcallen Branch4120 N. Mccoll RoadMcallen, TX 78504
Harlingen Branch601 S Stuart Place RdHarlingen, TX 78552
South Mcallen Branch720 E. Jackson Ave.Mcallen, TX 78501