8-K 1 k8100203.htm RIVERVIEW BANCORP, INC. FORM 8-K

FORM 8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549
 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d) OF THE

SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported): October 2, 2003


Riverview Bancorp, Inc.
(Exact name of registrant as specified in its charter)



 

             Washington             
State or other jurisdiction
of incorporation   0-22957  
Commission
File Number   91-1838969  
(I.R.S. Employer
Identification No.)

900 Washington Street,  Suite 900, Vancouver, Washington
(Address of principal executive offices) 98660
(Zip Code)

Registrant's telephone number (including area code) (360) 693-6650


Not Applicable
(Former name or former address, if changed since last report)

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Item 4. Changes in Registrant's Certifying Accountant.

        (a)        On October 2, 2003, the Registrant's Audit Committee terminated the engagement of Deloitte & Touche LLP, Portland, Oregon, as the Registrant's certifying accountants. The decision to dismiss Deloitte & Touche LLP was made by the Audit Committee of the Board of Directors in consultation with management.

                    The report of Deloitte & Touche LLP on the Registrant's financial statements for either of the last two fiscal years did not contain an adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope, or accounting principles.

                    During the Registrant's two most recent fiscal years and subsequent interim periods preceding the date of termination of the engagement of Deloitte & Touche LLP, the Registrant was not in disagreement with Deloitte & Touche LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of Deloitte & Touche LLP, would have caused Deloitte & Touche LLP to make reference to the subject matter of the disagreement in connection with its report.

                    Additionally, during the last two years and for the subsequent interim period preceding the date the Registrant determined to terminate Deloitte & Touche LLP, there were no reportable matters as defined in Regulation S-K Item 304(a)(1)(v).

                    The Registrant requested the Deloitte & Touche LLP furnish the Registrant with a letter, as promptly as possible, addressed to the Securities and Exchange Commission, stating whether they agree with the statements made in this Item 4, and if not, stating the respects in which they do not agree. The required letter from Deloitte & Touche LLP with respect to the above statements made by the Registrant is filed as Exhibit 16 hereto.

        (b)       On October 2, 2003, the Registrant's Audit Committee voted to engage McGladrey & Pullen, LLP, Tacoma, Washington, as the Registrant's certifying accountants.  The engagement is subject to the completion by McGladrey & Pullen, LLP of its due diligence procedures on the Registrant.  An amendment to this Current Report on Form 8-K will be filed upon finalization of the engagement. The Registrant has not consulted with McGladrey & Pullen, LLP during its two most recent fiscal years nor during any subsequent interim period prior to its appointment as auditor regarding the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Registrant's financial statements, or regarding the reportable condition set forth in Regulation S-K Items 304(a)(2)(i) and (ii).

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits

Exhibit
16	Letter from Deloitte & Touche LLP to the Securities and Exchange Commission dated October 2, 2003.

                    

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 SIGNATURES
        Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

                                                                RIVERVIEW BANCORP, INC.

Date: October 2, 2003                                By: /s/ Patrick Sheaffer                              
                                                                       Chairman of the Board and CEO

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Exhibit 16
 

Letter from Deloitte & Touche LLP to the Securities
and Exchange Commission, dated October 2, 2003

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[Letterhead of Deloitte & Touche LLP]

 

October 2, 2003

Securities and Exchange Commission
Mail Stop 11-3
450 5th Street, N.W.
Washington, D.C. 20549

Dear Sirs/Madams:

        We have read Item 4 of Riverview Bancorp, Inc.'s Form 8-K dated October 2, 2003, and we agree with the statements made therein.

Yours truly,


/s/ Deloitte & Touche LLP

DELOITTE & TOUCHE  LLP

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