FIRST STATE ASSOCIATES INC is the parent banking group. RIVERS EDGE BANK is the primary bank charter regulated by the FDIC. CRA exams are conducted at the charter level, not the group level.

Bank Holding Company

FIRST STATE ASSOCIATES INC

Legal name: FIRST STATE ASSOCIATES, INC.

1 active bank · 2 merged/absorbed · $346M combined assets

RSSD ID: 2410582 (FFIEC NIC)

Combined Assets

$346M

CRA Rating Summary

Satisfactory1charter

Across all 24 exams on record for this banking group's charters, 96% resulted in Outstanding or Satisfactory.

Primary bankRIVERS EDGE BANKMARION, SDSatisfactory$346MView profile →

At a Glance

Dominant CRA Rating

Satisfactory

1 of 1 bank · Meets expectations for community lending

Combined Assets

$346M

1 active bank

Financial Summary

FDIC Call Reports

Aggregated from the most recent call report filings for all active charters.

Total Deposits

$284M

Net Income

$1M

ROA (avg)

1.2%

asset-weighted avg

Mortgage Lending (HMDA)

CFPB · 2024Lender rankings →

Aggregated HMDA data across all active charters for 2024.

Applications

Origination Rate

89.53%

Denial Rate

4.65%

Active Bank Charters1

Each charter is examined independently for CRA compliance.

Charter	Location	Regulator	Assets	Ownership	Current Rating	Exam Date
RIVERS EDGE BANK	MARION, SD	FDIC	$346M	100.0%	Satisfactory	May 2020

CRA (Community Reinvestment Act) exams are conducted per charter, not per banking group. Asset figures are from the most recent FDIC call report.