Rio Bank is headquartered in Mcallen and is the 116th largest bank in the state of Texas. It is also the 1,301st largest bank in the nation. It was established in 1985 and as of March of 2021, it had grown to 179 employees at 15 locations. Rio Bank has a B+ health rating.
|FDIC Certificate #||25886|
|Return on Assets - YTD||0.99%|
|Return on Equity - YTD||9.61%|
|Annual Interest Income||$7.0MM|
|Assets and Liabilities|
|Assets||Q1 2021vs Q1 2020||$703.6MM$566.4MM|
|Loans||Q1 2021vs Q1 2020||$368.2MM$334.0MM|
|Deposits||Q1 2021vs Q1 2020||$619.2MM$488.2MM|
|Equity Capital||Q1 2021vs Q1 2020||$71.4MM$63.6MM|
|Loan Loss Allowance||Q1 2021vs Q1 2020||$3.8MM$3.3MM|
|Unbacked Noncurrent Loans||Q1 2021vs Q1 2020||$7.1MM$8.2MM|
|Real Estate Owned||Q1 2021vs Q1 2020||$1.6MM$237.00K|
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