River Valley Financial Bank

Headquarters

430 Clifty Drive
Madison, IN 47250
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

River Valley Financial Bank is an FDIC insured institution located in Madison, IN. It was founded in 1910 and has approximately $0.52 billion in assets.

FDIC Insured Yes
FDIC Certificate # 14714
Date Established 1910
Assets $ 508.83 million
Loans $ 328.34 million
Deposits $ 404.35 million
Capital $ 49.86 million
 

For a more detailed analysis of River Valley Financial Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - April 16, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - April 16, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for River Valley Financial Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

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3.368% 3.250% 1.00 $3,750 $1,089 Learn More
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2.422% 2.375% 0.63 $1,562 $972 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

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0.000 %
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Bethpage Federal Credit Union
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2.990 %
After Intro: 3.750 %
Intro Period: 12 months
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Note to River Valley Financial Bank
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Branches

River Valley Financial Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


River Valley Financial Bank Locations


Financial Details

River Valley Financial Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of River Valley Financial Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
River Valley Financial Bank U.S. Bank Average
20.83% 5.49%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2020, River Valley Financial Bank had $9,108,000 in non-current loans and $2,038,000 in owned real estate. To cover these potential losses it had $49,863,000 in equity and $3,653,000 in loans loss reserves. That gives it a Texas Ratio of 20.83%.

Return on Equity
River Valley Financial Bank U.S. Bank Average
11.41% 9.24%

River Valley Financial Bank has a Return on Equity of 11.41% versus the BestCashCow average of 9.24%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
River Valley Financial Bank U.S. Bank Average
9.8% 11.96%

River Valley Financial Bank has a Capitalization of 9.8% versus the BestCashCow average of 11.96. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

River Valley Financial Bank Balance Sheet Analysis

As of March 31, 2015, River Valley Financial Bank had assets of $517,072,000, loans of $328,342,000, and deposits of $404,348,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 328.34 million
Loan loss allowance $ 3.65 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.04 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 404.35 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 508.83 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in River Valley Financial Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, River Valley Financial Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 40.21
Multifamily
Mortgages
6.31
Credit Card Loans 0.00
Consumer Auto Loans 0.58
Small Business Loans 14.17
Construction and Development Loans 7.85
Commercial Real Estate 23.56
Commercial and Industrial Loans 3.91
Farm Loans 2.81

Frequently Asked Questions About River Valley Financial Bank

Branches and Savings

Is River Valley Financial Bank FDIC insured?

Yes. It is covered under FDIC Certificate #14714.

Why does River Valley Financial Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are River Valley Financial Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is River Valley Financial Bank a commercial bank?

Yes

Where are River Valley Financial Bank locations?

See branch locations nearby.

Is River Valley Financial Bank open on Saturdays?

Is River Valley Financial Bank open on Sundays?

What time does River Valley Financial Bank open?

What time does River Valley Financial Bank close?

Are River Valley Financial Bank ATMs Open 24/7?

Do River Valley Financial Bank ATMs accept cash deposits?

Can River Valley Financial Bank customers use other ATMs?

Do River Valley Financial Bank branches have notaries?

Will River Valley Financial Bank notarize my document?

What address for River Valley Financial Bank should I put for incoming ACH transfers?

Will the River Valley Financial Bank branch print checks?

Do River Valley Financial Bank checks expire?

Does River Valley Financial Bank require US citizenship to open account?

Can River Valley Financial Bank close my account?

Does River Valley Financial Bank Report to credit bureaus?

Does River Valley Financial Bank Use Equifax?

What is River Valley Financial Bank's ACH Routing Number?

What is River Valley Financial Bank's SWIFT code?

Products

Does River Valley Financial Bank offer mortgages?

Compare mortgage rates here.

Does River Valley Financial Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does River Valley Financial Bank offer personal loans?

Compare personal loan rates here.

Does River Valley Financial Bank offer student loans?

Will River Valley Financial Bank cash a check?

Will River Valley Financial Bank redeem a savings bond?

Does River Valley Financial Bank cash savings bonds?

Will River Valley Financial Bank cash money orders?

Can River Valley Financial Bank issue a money order?

Does River Valley Financial Bank do currency exchange?

Background on The Bank

Who owns River Valley Financial Bank?

How long has River Valley Financial Bank been around?

Can River Valley Financial Bank transfer to other banks?

Does River Valley Financial Bank have quick pay?

Does River Valley Financial Bank accept rolled coins?

Will River Valley Financial Bank accept loose change?

Where is River Valley Financial Bank headquarters?

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