Rio Bank

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

Rio Bank is headquartered in Mcallen and is the 116th largest bank in the state of Texas. It is also the 1,298th largest bank in the nation. It was established in 1985 and as of December of 2020, it had grown to 186 employees at 14 locations. Rio Bank has a B+ health rating.

Reviews (1)

Terrible Institution

Posted by: |

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. 


Health Grade Components

FDIC Certificate #25886
Year Established1985
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.76%
Return on Equity - YTD7.23%
Annual Interest Income$26.9MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$668.0MM$545.0MM
LoansQ4 2020vs Q4 2019$381.6MM$333.2MM
DepositsQ4 2020vs Q4 2019$584.7MM$472.0MM
Equity CapitalQ4 2020vs Q4 2019$70.5MM$61.7MM
Loan Loss AllowanceQ4 2020vs Q4 2019$3.8MM$3.3MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$7.6MM$5.0MM
Real Estate OwnedQ4 2020vs Q4 2019$1.6MM$325.00K

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