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706-236-2123
228 North 2nd Avenue
Rome, GA 30165

River City Bank is headquartered in Rome and is the 97th largest bank in the state of Georgia. It is also the 3,530th largest bank in the nation. It was established in 2006 and as of March of 2014, it had grown to 37 employees at 1 location. River City Bank has a B+ health rating.

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
C+

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 River City Bank had $7.69 million in non-current loans and owned real-estate with $27.48 million in equity and loan loss allowances on hand to cover it. This gives River City Bank a Texas Ratio of 27.99% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for River City Bank decreased dramatically from 51.56% as of March 31, 2013 to 27.99% as of March 31, 2014, resulting in a positive change of 45.70%.This indicates that the balance sheet and financial strength for River City Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, River City Bank has increased its total deposits by $3.74 million, resulting in 2.88% 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 River City Bank has shown is above average.

Capitalization

GRADE:
A+

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. River City Bank has $161.84 million in assets with $27.48 million in equity, resulting in a capitalization level of 16.98%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58289
Year Established2006
Employees37
Primary RegulatorFDIC
Assets and Liabilities
Assets$161.84 million
Loans$99.84 million
Deposits$133.63 million
Equity Capital$24.71 million
Loan Loss Allowance$2.77 million
Unbacked Noncurrent Loans$6.54 million
Real Estate Owned$1.16 million
Historic Data - March 2013
Assets$158.15 million
Equity Capital$21.02 million
Loan Loss Allowance$3.09 million
Unbacked Noncurrent Loans$6.54 million
Real Estate Owned$2.43 million
Profit Margin - Quarterly
Net Interest Margin3.3%
Return on Assets0.26%
Return on Equity1.76%
Interest Income$1.37 million
Rates

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Locations


River City Bank Locations
River City Bank228 North Second AvenueRome, GA 30165