|
 |
 |
|
Rivers Edge Bank
|
Rivers Edge Bank
| RSSD ID 474450 | CERTIFICATE 9935 | ABA NUMBER 91402947 |
| 211 N Broadway Ave |
Quarter Ended : |
2026-03-31 |
| Marion, South Dakota, 57043 |
Updated : |
2026-04-29 |
| www.riversedge.bank |
|
| Institution Profile |
| Year Opened : |
1904 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
5 |
Number of Employees : |
32 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
|
Income Statement (USD, in thousands, ytd) |
| Total Assets | 346,325 |
|
Total Interest Income | 4,844 |
| Total Liabilities | 314,942 |
|
Total NonInterest Income | 176 |
| Total Bank Equity Capital | 31,383 |
|
Total Interest Expense | 1,654 |
| Total Deposits | 284,042 |
|
Total NonInterest Expense | 1,731 |
| Net Loans & Leases | 267,804 |
|
Net Income | 1,027 |
| Loan Loss Allowance | 3,528 |
|
Net Charge Offs | 14 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages (USD, in thousands) |
| Total capital | 31,643 |
|
Total loans | 259,921 |
| Total assets for the leverage ratio | 336,522 |
|
Loans secured by real estate: | 118,913 |
| Tier 1 Leverage Ratio | 8.37 |
|
Commercial and industrial loans | 29,117 |
| Tier 1 Capital Ratio | 10.15 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.4 |
|
Loans to individuals - Other | 6,801 |
|
|
|
|