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RIVERVIEW BANCORP, INC. AND SUBSIDIARY CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Mar. 31, 2011
ASSETS  
Cash$ 50,148[1]$ 51,752
Certificate of deposits held for investment23,84714,900
Loans held for sale264173
Investment securities held to maturity, at amortized cost499[2]506
Investment securities available for sale, at fair value6,707[3]6,320
Mortgage-backed securities held to maturity, at amortized cost181[4]190
Mortgage-backed securities available for sale, at fair value1,341[5]1,777
Loans receivable680,838[6]672,609
Real estate and other pers. property owned25,58527,590
Prepaid expenses and other assets6,0205,887
Accrued interest receivable2,4022,523
Federal Home Loan Bank stock, at cost7,3507,350
Premises and equipment, net16,56816,100
Deferred income taxes, net9,3079,447
Mortgage servicing rights, net334396
Goodwill25,57225,572
Core deposit intangible, net177219
Bank owned life insurance16,25615,952
TOTAL ASSETS873,396859,263
LIABILITIES:  
Deposit accounts729,259716,530
Accrued expenses and other liabilities9,4599,396
Advance payments by borrowers for taxes and insurance797680
Junior subordinated debentures22,68122,681
Capital lease obligation2,5442,567
Total liabilities764,740751,854
COMMITMENTS AND CONTINGENCIES [7] 
Shareholders' equity  
Serial preferred stock, $.01 par value [8] 
Common stock, $.01 par value225[9]225
Additional paid-in capital65,62665,639
Retained earnings44,08843,193
Unearned shares issued to employee stock ownership trust(644)(696)
Accumulated other comprehensive loss(1,146)(1,417)
Total shareholders' equity108,149106,944
Noncontrolling interest507465
Total equity108,656107,409
TOTAL LIABILITIES AND EQUITY$ 873,396$ 859,263
[1]Cash includes interest-earning accounts of $32,955 and $37,349, respectively.
[2]Fair value of $549 and $556, respectively.
[3]Amortized cost of of $8,493 and $8,514, respectively.
[4]Fair value of $190 and $199, respectively.
[5]Amortized cost of of $1,292 and $1,729, respectively.
[6]Net of allowance for loan losses of $14,672 and $14,968, respectively.
[7]See Note 14
[8]250,000 shares authorized; issued and outstanding, none
[9]50,000,000 shares authorized, September 30, 2011 - 22,471,890 issued and outstanding; March 31, 2011 - 22,471,890 issued and outstanding