River Bank & Trust

Established in 2006

About River Bank & Trust

River Bank & Trust was established on 2006. The bank's headquarters are located at 2611 Legends Drive in Prattville, Alabama.

River Bank & Trust is an FDIC insured bank with FDIC number 58255 managing assets to the value of $1,864,515 as of 12/31/2020.

River Bank & Trust has a Texas ratio of 2.42%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

2.42%
Texas Ratio
FDIC Certificate #

58255

Active Insured Since #

3/4/2006

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $1,864,515
Equity Capital $185,797
Total Deposits $1,656,551
Total Liabilities $1,678,718
Total Securities $493,274
Net Loans And Leases $1,193,778
Loan Loss Allowance $16,805
Total Loans And Leases $1,217,386
YTD (as of 12/31/2020)
Return On Assets 1.12%
Return On Equity 10.33%
Total Interest Income $63,401
Total Interest Expense $6,781
Total Non Interest Income $11,633
Total Non Interest Expense $36,469

Headquarters

2611 Legends Drive 36066, Prattville

River Bank & Trust branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $1,217,386 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

River Bank & Trust Mortgage Loans Profile

Classic Bank

87.50%

Application Approval Rate

Classic Bank

$116,607

Average Mortgage Loan Amount

Classic Bank

704

Number of Loan Applications

Classic Bank

$136,810

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Lee

Number of Loan Applications
229
Average Loan Amount
$81,891
Approval Rate
84.28%
Average Income of Approved Loans’ Applicants
$119,560

2 Tallapoosa

Number of Loan Applications
66
Average Loan Amount
$148,273
Approval Rate
83.33%
Average Income of Approved Loans’ Applicants
$103,686

3 Montgomery

Number of Loan Applications
56
Average Loan Amount
$124,636
Approval Rate
98.21%
Average Income of Approved Loans’ Applicants
$131,552

4 Mobile

Number of Loan Applications
44
Average Loan Amount
$125,909
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$106,950

5 Elmore

Number of Loan Applications
42
Average Loan Amount
$132,632
Approval Rate
90.48%
Average Income of Approved Loans’ Applicants
$103,229

6 Chilton

Number of Loan Applications
42
Average Loan Amount
$85,270
Approval Rate
88.10%
Average Income of Approved Loans’ Applicants
$126,514

Top States by Number of Mortgage Loan Applications

1 Alabama

Number of Loan Applications
689
Average Loan Amount
$110,757
Approval Rate
87.23%
Average Income of Approved Loans’ Applicants
$133,078

2 Florida

Number of Loan Applications
9
Average Loan Amount
$219,444
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$143,000

3 Arkansas

Number of Loan Applications
2
Average Loan Amount
$105,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$142,000

4 Georgia

Number of Loan Applications
1
Average Loan Amount
$75,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$75,000

5 Kentucky

Number of Loan Applications
1
Average Loan Amount
$125,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$284,000

6 South Carolina

Number of Loan Applications
1
Average Loan Amount
$2,605,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$1,401,000