River Valley Bank, FSB in Weslaco, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 27, 1996

River Valley Bank, FSB in Weslaco, Texas (TX)
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River Valley Bank, FSB - Overview

General
FDIC Certificate #: 32516
Status: Inactive
Federal Reserve ID: 1872231
Date Established: January 16, 1987
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 8367
FDIC's unique #: 45350
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: January 16, 1987
Last Structure Change Effective Date: June 27, 1996
Last Structure Change Process Date: September 05, 1996
Last Data Update: September 05, 1996
Data Source Date: April 05, 2012
Location
Address: 606 South Texas Avenue, Weslaco, TX 78596
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
Other Liquidations and Closings
Office Sold
Financial Summary
Total assets: $163.8 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$69Total assets
$166,300Cash and due from depository institutions
$4,320Interest-bearing balances
$2,952Securities
$22,458Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$133,053Loan loss allowance
$3,933Trading account assets
$0Bank premises and fixed assets
$3,499Other real estate owned
$73Goodwill and other intangibles
$2,897Life insurance assets
$0All other assets
$0Total liabilities and capital
$166,300Total liabilities
$153,581Total deposits
$140,116Interest-bearing deposits
$137,752Deposits held in domestic offices
140116.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$6,700Subordinated debt
$0All other liabilities
$6,765Total equity capital
$6,765Total bank equity capital
$12,719Perpetual preferred stock
$0Common stock
$1Surplus
$10,380Undivided profits
Memoranda
$2,338Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$812Income earned, not collected on loans
$945Earning assets
$158,463Long-term assets (5+ years)
$0Average Assets, year-to-date
$217,382Average Assets, quarterly
$174,578Volatile liabilities
$14,391Insider loans
$164FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$6,445Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$12,709Total risk weighted assets
$94,016Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$20,373Total interest expense
$9,503Net interest income
$10,870Provision for loan and lease losses
$0Total noninterest income
$1,654Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$1,654Total noninterest expense
$5,560Salaries and employee benefits
$2,294Premises and equipment expense
$1,114Additional noninterest expense
$2,152Pre-tax net operating income
$6,964Securities gains (losses)
-$2,995Applicable income taxes
$1,371Income before extraordinary items
$2,598Extraordinary gains - net
$0Net income attributable to bank
$2,598Net charge-offs
-$60Cash dividends
$6,500Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.94%Cost of funding earning assets
4.64%Net interest margin
5.31%Noninterest income to earning assets
0.81%Noninterest expense to earning assets
2.71%Net operating income to assets
2.09%Return on assets (ROA)
1.20%Pretax return on assets
1.83%Return on equity (ROE)
17.45%Retained earnings to average equity (YTD only)
-26.21%Net charge-offs to loans
-0.04%Credit loss provision to net charge-offs
0.00%Efficiency ratio
44,395Assets per employee
2.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
250.19%Loss allowance to loans
2.87%Loss allowance to noncurrent loans
484.36%Noncurrent assets plus other real estate owned to assets
0.53%Noncurrent loans to loans
0.59%Net loans and leases to deposits
94.96%Net loans and leases to core deposits
100.47%Equity capital to assets
7.65%Core capital (leverage) ratio
7.64%Tier 1 risk-based capital ratio
13.52%Total risk-based capital ratio
Memoranda
$15Average assets
$217,382Average earning assets
$14,887Average equity
$204,858Average loans

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