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 Rivers Edge Bank
Rivers Edge Bank
| RSSD ID 474450 | CERTIFICATE 9935 | ABA NUMBER 91402947 |
| 211 N Broadway Ave |
Quarter Ended : |
2025-03-31 |
| Marion, South Dakota, 57043 |
Updated : |
2025-04-25 |
| www.riversedge.bank |
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| 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 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
5 |
Number of Employees : |
32 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 312,007 |
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Total Interest Income | 4,141 |
| Total Liabilities | 284,761 |
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Total NonInterest Income | 168 |
| Total Bank Equity Capital | 27,246 |
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Total Interest Expense | 1,679 |
| Total Deposits | 266,923 |
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Total NonInterest Expense | 1,611 |
| Net Loans & Leases | 222,255 |
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Net Income | 888 |
| Loan Loss Allowance | 2,552 |
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Net Charge Offs | (30) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 27,619 |
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Total loans | 219,817 |
| Total assets for the leverage ratio | 305,386 |
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Loans secured by real estate: | 102,235 |
| Tier 1 Leverage Ratio | 8.2 |
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Commercial and industrial loans | 27,043 |
| Tier 1 Capital Ratio | 10.81 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.93 |
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Loans to individuals - Other | 7,291 |
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:· Rivers Edge Bank
