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)
  • Show street view No street view available for this location

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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