Rio Bank in Mcallen, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Rio Bank - Overview

  • General
  • FDIC Certificate #: 25886
    Status: Active
    Federal Reserve ID: 956750
    Bank Holding Company (Regulatory Top Holder): Rio Financial Services, Inc. (RSSDID: 3193033, Location: Mcallen, TX)
    Date Established: Febuary 11, 1985
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 32129
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 11, 1985
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1655 North 23rd Street, Mcallen, TX 78502
    County: Hidalgo
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): McAllen-Edinburg-Mission, TX (#4880)
    Core Based Statistical Area (CBSA): McAllen-Edinburg-Mission, TX (#32580)
    CBSA Metro Statistical Area: McAllen-Edinburg-Mission, TX (#32580)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $206.9 mil
    Equity capital: $20.8 mil
    Deposits held in domestic offices: $173.8 mil
    Return on assets (ROA): 0.58% ($1.2 mil)
    Quarterly return on assets: 0.76% ($1.6 mil)
    Return on Equity (ROE): 5.97% ($1.3 mil)
    Quarterly return on equity: 7.56% ($1.6 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.85% ($1,758.3 mil)
    Quarterly Pretax return on assets: 1.11% ($2,296.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 76Total employees (full-time equivalent)
  • $206,856Total assets
  • $18,568Cash and due from depository institutions
  • $13,230Interest-bearing balances
  • $42,454Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $121,298Net loans & leases
  • $1,825Loan loss allowance
  • $0Trading account assets
  • $13,786Bank premises and fixed assets
  • $5,313Other real estate owned
  • $0Goodwill and other intangibles
  • $206,856Life insurance assets
  • $5,437All other assets
  • $186,050Total liabilities and capital
  • $173,775Total liabilities
  • $137,204Total deposits
  • $173,775Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,373Trading liabilities
  • $0Other borrowed funds
  • $902Subordinated debt
  • $20,806All other liabilities
  • $20,806Total equity capital
  • $20,806Total bank equity capital
  • $0Perpetual preferred stock
  • $2,981Common stock
  • $12,101Surplus
  • $5,724Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,848Income earned, not collected on loans
  • $0Earning assets
  • $1,143Long-term assets (5+ years)
  • $176,982Average Assets, year-to-date
  • $39,110Average Assets, quarterly
  • $206,205Volatile liabilities
  • $206,307Insider loans
  • $145,984FHLB advances
  • $205,836Loans and leases held for sale
  • $2,021Unused loan commitments
  • $2,021Tier 1 (core) risk-based capital
  • $19,996Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,922Restructured Loans and leases
  • $1,092Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,579Total interest income
  • $2,455Total interest expense
  • $9,124Net interest income
  • $450Provision for loan and lease losses
  • $1,248Total noninterest income
  • $0Fiduciary activities
  • $1,110Service charges on deposit accounts
  • $0Trading account gains & fees
  • $138Additional noninterest income
  • $8,195Total noninterest expense
  • $3,963Salaries and employee benefits
  • $1,847Premises and equipment expense
  • $2,385Additional noninterest expense
  • $1,727Pre-tax net operating income
  • $20Securities gains (losses)
  • $556Applicable income taxes
  • $1,191Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,191Net income attributable to bank
  • $0Net charge-offs
  • $1,191Cash dividends
  • $297Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.49%Yield on earning assets
  • 1.38%Cost of funding earning assets
  • 5.11%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 4.59%Noninterest expense to earning assets
  • 0.57%Net operating income to assets
  • 0.58%Return on assets (ROA)
  • 0.85%Pretax return on assets
  • 5.97%Return on equity (ROE)
  • 5.97%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 151.52%Credit loss provision to net charge-offs
  • 7.33%Efficiency ratio
  • 79,011Assets per employee
  • 2.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 98.76%Noncurrent assets plus other real estate owned to assets
  • 3.46%Noncurrent loans to loans
  • 1.50%Net loans and leases to deposits
  • 69.80%Net loans and leases to core deposits
  • 71.04%Equity capital to assets
  • 10.06%Core capital (leverage) ratio
  • 9.71%Tier 1 risk-based capital ratio
  • 13.70%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $206,205Average earning assets
  • $19,957Average equity
  • $178,435Average loans

List of branches

  • 7 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032129Rio Bank1655 North 23rd Street, Mcallen, TX 78502Febuary 11, 1985Full Service Brick and Mortar
    1258371Mcallen Branch4120 N. Mccoll Road, Mcallen, TX 78504September 30, 1996Full Service Brick and Mortar
    2363562San Juan Branch401 West Fm 495, San Juan, TX 78589April 15, 2002Full Service Brick and Mortar
    3365230Palmview Branch401 North Bentsen Palm Drive, Mission, TX 78572May 20, 2002Full Service Brick and Mortar
    4447004Brownsville Branch3401 Old Hwy. 77, Brownsville, TX 78520November 07, 2005Full Service Brick and Mortar
    5470262South Mcallen Branch720 E. Jackson Ave., Mcallen, TX 78501November 07, 2007Full Service Brick and Mortar
    6493973Weslaco Branch1000 N. Westgate Drive, Weslaco, TX 78596August 17, 2009Full Service Brick and Mortar

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