Rivers Edge Bank: how it compares with its peers
Against 16 SD banks with half to twice its assets, Rivers Edge Bank's strongest measure in Q2 2026 is assets per employee ($10.8M vs. a $8.1M peer median). Its weakest relative measure is return on assets (1.47% vs. 1.81%).
| Measure | Rivers Edge Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.47% | 1.81% | Middle third Ahead of 38% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.00% | 3.74% | Middle third Ahead of 63% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 53.09% | 51.62% | Middle third Ahead of 50% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.8M | $8.1M | Top third Ahead of 75% of peers |
| Loans to deposits Net loans and leases over total deposits. | 91.29% | 85.67% | Context |
What it means for lending operations
Its efficiency ratio of 53.09% is better than the 51.62% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- BankStar Financial Elkton, SD · $363M
- Frontier Bank Sioux Falls, SD · $349M
- Security Bank Midwest Tyndall, SD · $304M
- One American Bank Centerville, SD · $285M
- Commercial State Bank, of Wagner Wagner, SD · $260M
- First National Bank in Philip Philip, SD · $458M
Questions about Rivers Edge Bank
How big is Rivers Edge Bank?
Rivers Edge Bank, established in 1904, is headquartered in Marion, SD. It reported $357M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Rivers Edge Bank's return on assets?
1.47% annualized in Q2 2026, against a 1.81% median for 16 SD banks with half to twice its assets, ahead of 38% of them.
What is Rivers Edge Bank's efficiency ratio?
53.09% in Q2 2026: it spent about 53 cents in noninterest expense for each dollar of revenue. The peer median is 51.62%, and lower is better.
Is Rivers Edge Bank growing its loans?
Net loans grew 16.2% over the year to Q2 2026, while deposits grew 9.9%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are SD banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every South Dakota bank ranked.