Riverhills Bank (Milford, OH)
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Data as of · sourced from FFIEC call reports. How we update
Riverhills Bank is an FDIC-insured commercial bank headquartered in Milford, OH, established in 1904 (FDIC certificate 6662), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $340.8M, up 4.2% from Q2 2025, the 68th largest of 154 banks headquartered in Ohio. Its CET1 capital ratio was 13.11% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 6662
- Headquarters
- Milford, OH
- Established
- 1904
- Total assets, Q2 2026
- $340.8M
- Assets vs Q2 2025
- +4.2%
- CET1 ratio, Q2 2026
- 13.11%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 042206574
- Holding company
- NEW RICHMOND BANCORPORATION
- Asset rank in state
- 68th of 154 in Ohio
Riverhills Bank leans heavily on commercial real estate. Based in Milford, Ohio, it had $341 million in assets at June 30, 2026, up 4.2% from a year earlier. It holds commercial real estate loans worth 5.1 times its capital, 4.3 times the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 74 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 61 cents).
Net income for the quarter slipped 18% from a year earlier, to $948,000. Over the same year, loans grew 8.1% and deposits grew 0.9%.
As of June 30, 2026, Riverhills Bank reported a CET1 capital ratio of 13.11%, a return on assets of 1.11%, a nonperforming-loan ratio of 0.12% and a Texas ratio of 0.87%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Riverhills Bank is the 68th largest of the 154 banks headquartered in Ohio. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 0.9% to $340.8M, loans fell 0.4% and deposits fell 4.0%. Its loan book on June 30, 2026 was led by multifamily loans, at 56.1% of total loans, followed by 1-4 family residential loans at 12.4%. Its 5 offices in the FDIC Summary of Deposits are in 4 cities in OH; its Milford 2 offices book 66% of its branch deposits. By the capital ratios in its Q2 2026 call report, Riverhills Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 553 Chamber Dr, Milford, OH 45150
- County
- Clermont
- Metro Area
- Cincinnati, Oh-KY-In
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 4, Cleveland
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- November 17, 1904
- Former names
- RiverHills Bank, National Association (2007)
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 69
- Domestic deposits
- $294.4M
- Allowance for credit losses
- $3.8M
- Net charge-offs (YTD)
- $0
- Average total assets
- $342.5M
- Average total loans
- $285.8M
- Average interest-bearing deposits
- $227.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 6662
- Fed RSSD
- 371223
- Website
- www.rhb24.com →
- Parent Holding Company
- NEW RICHMOND BANCORPORATION (RSSD 1070541)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Riverhills Bank's total assets ranged from $314.2M (Q4 2024) to $343.9M (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$340.8M total assets against $327.2M; $304.8M total liabilities against $294.1M.
$283.2M net loans and leases against $262.0M; $294.4M total deposits against $291.6M.
$36.2M securities against $41.4M; $4.2M cash and balances due against $8.1M.
$4.7M total interest income against $4.6M; $1.1M total interest expense against $1.1M.
$3.6M net interest income against $3.5M.
$723K total noninterest income against $607K; $3.2M total noninterest expense against $2.7M.
$59K provision for credit losses against $60K.
$948K net income against $1.2M.
1.11% return on assets against 1.45%; 4.38% net interest margin against 4.61%.
13.11% CET1 capital ratio against 12.82%; 10.69% tier 1 leverage ratio against 10.49%.
Inside the full Riverhills Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Riverhills Bank rankings
Its closest position to the top of a national ranking is 2,278 of 4,196, for total assets; its furthest is 2,991 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.87% (Q3 2024) to 1.71% (Q4 2024) and its net interest margin ran from 4.01% (Q1 2025) to 4.74% (Q4 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.11% | 1.11% | 0.12% | 0.87% | 4.38% |
| Q1 2026 | 12.54% | 1.21% | 0.14% | 1.06% | 4.31% |
| Q4 2025 | 13.08% | 1.56% | 0.16% | 1.12% | 4.59% |
| Q3 2025 | 13.08% | 1.10% | 0.15% | 1.09% | 4.17% |
| Q2 2025 | 12.82% | 1.45% | 0.16% | 1.15% | 4.61% |
| Q1 2025 | 11.94% | 0.92% | 0.17% | 1.24% | 4.01% |
| Q4 2024 | 12.09% | 1.71% | 0.25% | 1.81% | 4.74% |
| Q3 2024 | 11.78% | 0.87% | 0.27% | 2.02% | 4.02% |
Swipe the table sideways to see every column.
Branch Network
View all 5 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Riverhills Bank (main office) | Milford , OH | 45150 | $190.2M |
| New Richmond Branch | New Richmond , OH | 45157 | $44.7M |
| Amelia Branch | Amelia , OH | 45102 | $29.9M |
| Felicity Branch | Felicity , OH | 45120 | $26.7M |
| Milford Branch | Milford , OH | 45150 | $2.8M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in OH, rank 80 of 184 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 577 applications, 352 loans originated, $110.6M originated, across 15 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 8 loans, $3.9M approved, $486K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Riverhills Bank
What are Riverhills Bank's total assets?
As of the Q2 2026 filing, Riverhills Bank reported total assets of $340.8 million in its FFIEC call report.
Where is Riverhills Bank headquartered?
It is headquartered in Milford, OH, United States.
When was Riverhills Bank founded?
It was established in 1904, per the FDIC institution directory.
Is Riverhills Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #6662). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Riverhills Bank?
Riverhills Bank's primary federal regulator is the FDIC.
What is Riverhills Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.11% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Riverhills Bank operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Riverhills Bank's Texas Ratio?
Its Texas Ratio is 0.87% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Riverhills Bank previously called?
The charter now named Riverhills Bank has also operated as RiverHills Bank, National Association (2007), per FDIC structure-change records.
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