Rio Bank


Overview / Commentary
877-631-7890
701 E. Expwy. 83
Mcallen, TX 78501

Rio Bank is headquartered in Mcallen and is the 113th largest bank in the state of Texas. It is also the 1,255th largest bank in the nation. It was established in 1985 and as of June of 2021, it had grown to 180 employees at 15 locations. Rio Bank has an A 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

Health Grade Components

Overall
FDIC Certificate #25886
Year Established1985
Employees180
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.94%
Return on Equity - YTD9.25%
Annual Interest Income$14.0MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$745.2MM$653.2MM
LoansQ2 2021vs Q2 2020$368.2MM$375.0MM
DepositsQ2 2021vs Q2 2020$659.1MM$572.9MM
Equity CapitalQ2 2021vs Q2 2020$72.3MM$65.1MM
Loan Loss AllowanceQ2 2021vs Q2 2020$4.0MM$3.4MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$5.9MM$9.6MM
Real Estate OwnedQ2 2021vs Q2 2020$1.4MM$237.00K
Rates

Sorry, we do not have rate data for Rio Bank.

Locations

Availability



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