Rio Bank
Overview / Commentary
Rio Bank is headquartered in Mcallen and is the 173rd largest bank in the state of Texas. It is also the 1,933rd largest bank in the nation. It was established in 1985 and as of June of 2018, it had grown to 112 employees at 8 locations. Rio Bank has an A health rating.
Related Posts
View all posts from:
Reviews (1)
Terrible Institution
Posted by: latamar | Nov 7, 2010
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
A
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 25886 |
| Year Established | 1985 |
| Employees | 112 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.21% |
| Return on Equity - YTD | 13.04% |
| Annual Interest Income | $8.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $351.8MM$328.3MM |
| Loans | Q2 2018vs Q2 2017 | $198.4MM$198.5MM |
| Deposits | Q2 2018vs Q2 2017 | $309.3MM$291.1MM |
| Equity Capital | Q2 2018vs Q2 2017 | $32.3MM$27.4MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $2.7MM$2.4MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $2.0MM$4.3MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $796.00K$796.00K |
Rates
Sorry, we do not have rate data for Rio Bank.
