R-G Premier Bank of Puerto Rico
Hato Rey, PR · Owner: R & G Financial Corp
$5.7B
total assets, March 31, 2010
$5.7B
total assets, March 31, 2010
R-G Premier Bank of Puerto Rico was a state nonmember bank in Hato Rey, PR, owned by R & G Financial Corp. It failed on Apr 30, 2010, and Scotiabank De Puerto Rico took over its deposits. At its last report it held $5.7 billion in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- Apr 30, 2010
- Assets
- $5.7B
- Deposits
- $4.2B
- Estimated cost
- $978M
- Deposits went to
- Scotiabank De Puerto Rico, San Juan, PR
Total assets
$5.7B
-17.7% in a year · -6.2% in a quarter
Deposits
$4.2B
-7.6% in a year · -0.8% in a quarter
Loans
$5.2B
-11.1% in a year · -5.1% in a quarter
Profit so far
-$118M
Jan 1 to Mar 31, 2010 · -584.8% in a year
Capital ratio
3.69%
-2.64 pts in a year
Return on assets
-8.07%
-9.48 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 280 Jesus T. Pinero Avenue, Hato Rey, PR, 00919
- County
- San Juan
- Holding company
- R & G Financial Corp
- Established
- Dec 15, 1983
- Failed
- Apr 30, 2010
- Employees
- 1,170
- Branches
- 36
- Id
- b32185
Quarter by quarter
March 31, 1984 to March 31, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is R-G Premier Bank of Puerto Rico?
$5.7 billion in total assets and $4.2 billion in deposits as of March 31, 2010, with assets down 17.7% from a year before. Its loans were $5.2 billion.
How many branches does R-G Premier Bank of Puerto Rico have?
36 branches in Puerto Rico as of June 30, 2026.
Is R-G Premier Bank of Puerto Rico profitable?
No: it lost $118.5 million from January 1 to March 31, 2010. Its return on assets was -8.07% a year; about 1% is typical.
Who owns R-G Premier Bank of Puerto Rico?
R-G Premier Bank of Puerto Rico is owned by R & G Financial Corp, its holding company.
When did R-G Premier Bank of Puerto Rico fail?
Apr 30, 2010. Scotiabank De Puerto Rico of San Juan, PR took over its deposits. The estimated cost of the failure was $978.1 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.