Rivers Edge Bank
Marion, SD · Owner: First State Associates Inc
$357M
total assets, June 30, 2026
$357M
total assets, June 30, 2026
Rivers Edge Bank is a state nonmember bank based in Marion, SD, owned by First State Associates Inc. As of June 30, 2026 it held $357.1 million in assets and $295.9 million in deposits; assets were up 12.4% from a year before. It has 5 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$357M
+12.4% in a year · +3.1% in a quarter
Deposits
$296M
+9.9% in a year · +4.2% in a quarter
Loans
$274M
+16.3% in a year · +0.8% in a quarter
Profit so far
$2.5M
Jan 1 to Jun 30, 2026 · +40.5% in a year
Capital ratio
8.30%
+0.14 pts in a year
Return on assets
1.47%
+0.30 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 211 N Broadway Ave, Marion, SD, 57043
- County
- Turner
- Holding company
- First State Associates Inc
- Established
- Jan 1, 1904
- Employees
- 33
- Branches
- 5 in 2 states
- Website
- www.riversedge.bank
- Id
- b9935
Quarter by quarter
March 31, 1984 to June 30, 2026
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.
Branches
5 offices as of June 30, 2026, holding $295.9 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| South Dakota | 4 | $235M | 79.3% |
| Iowa | 1 | $61.2M | 20.7% |
| Largest branches | Place | Deposits |
|---|---|---|
| Rivers Edge Bank (main office) | Marion, SD | $77.7M |
| Rivers Edge Bank Branch | Howard, SD | $75.1M |
| Hawarden Br | Hawarden, IA | $61.2M |
| Parker Branch | Parker, SD | $48.8M |
| Bridgewater Branch | Bridgewater, SD | $33.0M |
Related pages
Questions and answers
How big is Rivers Edge Bank?
$357.1 million in total assets and $295.9 million in deposits as of June 30, 2026, with assets up 12.4% from a year before. Its loans were $273.6 million.
How many branches does Rivers Edge Bank have?
5 branches in 2 states as of June 30, 2026. The most deposits are in South Dakota ($234.7 million).
Is Rivers Edge Bank profitable?
Yes: it earned $2.55 million from January 1 to June 30, 2026 (up 40.5% from the same months a year before). Its return on assets was 1.47% a year; about 1% is typical.
Who owns Rivers Edge Bank?
Rivers Edge Bank is owned by First State Associates Inc, its holding company.
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.