Rio Bank is headquartered in MCALLEN and is the 110th largest bank in the state of Texas. It is also the 1,188th largest bank in the nation. It was established in 1985 and as of June of 2023, it had grown to 201 employees at 16 locations. Rio Bank has a B+ health rating.
|FDIC Certificate #||25886|
|Return on Assets - YTD||0.9%|
|Return on Equity - YTD||11.87%|
|Annual Interest Income||$18.3MM|
|Assets and Liabilities|
|Assets||Q2 2023vs Q2 2022||$803.3MM$866.9MM|
|Loans||Q2 2023vs Q2 2022||$393.4MM$382.7MM|
|Deposits||Q2 2023vs Q2 2022||$736.7MM$805.8MM|
|Equity Capital||Q2 2023vs Q2 2022||$63.1MM$58.5MM|
|Loan Loss Allowance||Q2 2023vs Q2 2022||$4.8MM$4.5MM|
|Unbacked Noncurrent Loans||Q2 2023vs Q2 2022||$474.00K$1.3MM|
|Real Estate Owned||Q2 2023vs Q2 2022||$0$0|
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