Banks | RiverHills Bank

RiverHills Bank


RiverHills Bank is an FDIC insured institution headquartered at 553 Chamber Dr, Milford, OH 45150.
It was founded in 1904 and has approximately $0 billion in assets. Customers can open an account at one of its 5 branches.

Deposit Rates - December 30, 2024

CD RATES APY MIN
6 Mo CD
0.25% $500 Compare
12 Mo CD
0.40% $500 Compare
24 Mo CD
0.50% $500 Compare
36 Mo CD
0.60% $500 Compare
48 Mo CD
0.80% $500 Compare

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 6662
Date Established 1904
Assets $ 315.63 million
Loans $ 248.02 million
Deposits $ 244.37 million
Capital $ 30.19 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 3.14 million
Interest-bearing balances $ 1.32 million
Total securities $ 46.34 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 248.02 million
Loan loss allowance $ 3.29 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.71 million
All other assets $ 10.33 million
     Total Assets $ 285.44 million

LIABILITIES
Total deposits $ 244.37 million
      Interest-bearing deposits $ 194.24 million
      Deposits held in domestic offices $ 244.37 million
      % insured (estimated) 89.16%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 56.41 million
Subordinated debt N.A.
All other liabilities $ 2.16 millionn
      Total Liabilities $ 285.44 million
      Shareholders’ Equity $ 30.19 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 9.35 million
Total Interest Expense $ 3.33 million
Net interest income $ 6.02 million
Provision for loan and lease losses $ 0.12 million
Total non interest income $ 1.16 million
Total non interest expense $ 5.27 million
Pre-tax Net Operating Income $ 1.11 million

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Branches

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RiverHills Bank Locations

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