Rio Bank is headquartered in Mcallen and is the 116th largest bank in the state of Texas. It is also the 1,222nd largest bank in the nation. It was established in 1985 and as of March of 2022, it had grown to 186 employees at 15 locations. Rio Bank has an A health rating.
|FDIC Certificate #||25886|
|Return on Assets - YTD||0.64%|
|Return on Equity - YTD||6.72%|
|Annual Interest Income||$6.8MM|
|Assets and Liabilities|
|Assets||Q1 2022vs Q1 2021||$771.4MM$703.6MM|
|Loans||Q1 2022vs Q1 2021||$374.8MM$368.2MM|
|Deposits||Q1 2022vs Q1 2021||$692.1MM$619.2MM|
|Equity Capital||Q1 2022vs Q1 2021||$67.2MM$71.4MM|
|Loan Loss Allowance||Q1 2022vs Q1 2021||$4.5MM$3.8MM|
|Unbacked Noncurrent Loans||Q1 2022vs Q1 2021||$1.9MM$7.1MM|
|Real Estate Owned||Q1 2022vs Q1 2021||$0$1.6MM|
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