Rivers Edge Bank
Marion, South Dakota · FDIC Cert #9935
Rivers Edge Bank is an FDIC-insured bank (Certificate #9935) with $301M in total assets and $269M in total deposits as of the Q2 2024 Call Report. Headquartered in Marion, South Dakota, the bank maintains a Tier 1 capital ratio of 10.77% (Well-Capitalized) and a nonperforming loan ratio of 0.11%. BankHealthData assigns a composite Health Grade of B (78/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Rivers Edge Bank (FDIC cert 9935) is a community bank — $301M in total assets, $269M in deposits, serving the Marion, South Dakota area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 10.77% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is clean: non-performing loan ratio of 0.11% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is comfortable: 26.2% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.46% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Rivers Edge Bank carries a composite BankHealth grade of B (78/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Rivers Edge Bank
- Total Assets
- $301M
- Total Deposits
- $269M
- Tier 1 Capital Ratio
- 10.77%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.11%
- Liquidity Ratio
- 26.16%
- Return on Assets
- 0.46%
- Headquarters
- Marion, South Dakota
- FDIC Certificate
- #9935
- Health Grade
- B (78/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Rivers Edge Bank holds a Tier 1 capital ratio of 10.77%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Rivers Edge Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Rivers Edge Bank shows strong financial health indicators. With $301M in assets and a Health Score of 78/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Rivers Edge Bank Compares
Rivers Edge Bank’s Health Score of 78 is 4 points above the South Dakota state average of 74 across 47 FDIC-insured banks. Its 10.77% Tier 1 capital ratio is 3.2 points below the US banking industry average near 14%. The 0.11% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.46% is below the national ROA benchmark of ~1.1%. Among 1595 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, Rivers Edge Bank is 8 points above the portfolio average of 70.
Frequently Asked Questions
Rivers Edge Bank has a Bank Health Score of B (78/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 10.77%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Rivers Edge Bank's Tier 1 capital ratio of 10.77% and nonperforming loan ratio of 0.11% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Rivers Edge Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #9935). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Rivers Edge Bank holds $301M in total assets and $269M in total deposits. It is headquartered in Marion, South Dakota (FDIC Certificate #9935).
Rivers Edge Bank has a Tier 1 capital ratio of 10.77%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.11%, and the return on assets is 0.46%.
Yes. Rivers Edge Bank is FDIC-insured (Certificate #9935). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Rivers Edge Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.