Rio Bank is headquartered in Mcallen and is the 119th largest bank in the state of Texas. It is also the 1,330th largest bank in the nation. It was established in 1985 and as of September of 2018, it had grown to 206 employees at 14 locations. Rio Bank has an A health rating.
|FDIC Certificate #||25886|
|Return on Assets - YTD||0.59%|
|Return on Equity - YTD||6.25%|
|Annual Interest Income||$13.7MM|
|Assets and Liabilities|
|Assets||Q3 2018vs Q3 2017||$539.7MM$328.8MM|
|Loans||Q3 2018vs Q3 2017||$348.0MM$202.3MM|
|Deposits||Q3 2018vs Q3 2017||$474.2MM$291.1MM|
|Equity Capital||Q3 2018vs Q3 2017||$52.1MM$30.7MM|
|Loan Loss Allowance||Q3 2018vs Q3 2017||$2.8MM$2.4MM|
|Unbacked Noncurrent Loans||Q3 2018vs Q3 2017||$2.4MM$4.3MM|
|Real Estate Owned||Q3 2018vs Q3 2017||$873.00K$796.00K|
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