Institution Statistics
| Riverside Bank | | FDIC Certificate # | 93 | | BankRate Report | View | | Year Established | 1916 | | Employees | 17 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $56.27 million | | Loans | $49.05 million | | Deposits | $49.88 million | | Equity Capital | $5.27 million | | Loan Loss Allowance | $521,000 | | Unbacked Noncurrent Loans | $73,000 | | Real Estate Owned | $454,000 |
Historic Data - March 2011 | | Assets | $58.53 million | | Equity Capital | $4.46 million | | Loan Loss Allowance | $534,000 | | Unbacked Noncurrent Loans | $173,000 | | Real Estate Owned | $861,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.29% | | Return on Assets | 3.12% | | Return on Equity | 34.33% | | Interest Income | $883,000 |
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Institution Health
Overall Score:
4 out of 5 
| Texas Ratio |  | | 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 March 31, 2012 Riverside Bank had $527,000 in non-current loans and owned real-estate with $5.79 million in equity and loan loss allowances on hand to cover it. This gives Riverside Bank a Texas Ratio of 9.11% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Riverside Bank decreased significantly from 20.73% as of March 31, 2011 to 9.11% as of March 31, 2012, resulting in a positive change of 56.05%.This indicates that the balance sheet and financial strength for Riverside Bank has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Riverside Bank has decreased its total deposits by -$1.04 million, resulting in -2.04% 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 Riverside Bank has shown is below average. | | Capitalization | | | 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. Riverside Bank has $56.27 million in assets with $5.79 million in equity, resulting in a capitalization level of 10.28%, which is above average. |
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