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RIVERVIEW BANCORP, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income (Loss) $ (31,657) $ 4,315 $ (5,444)
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 2,013 1,927 2,225
Mortgage servicing rights valuation adjustment (1) (1) 2
Provision for loan losses 29,350 5,075 15,900
Provision (benefit) for deferred income taxes 8,536 1,841 (3,295)
Noncash expense related to ESOP 62 64 73
Increase (decrease) in deferred loan origination fees, net of amortization (76) 57 (31)
Origination of loans held for sale (5,916) (12,166) (29,514)
Proceeds from sales of loans held for sale 5,682 12,402 30,851
Stock based compensation expense 12 77 112
Writedown of real estate owned 4,238 924 4,794
Loss on impairment of security     1,003
Net loss (gain) on loans held for sale, sale of real estate owned, mortgage-backed securities, sale of investment securities and premises and equipment 400 (775) (6)
Income from bank owned life insurance (601) (601) (603)
Changes in assets and liabilities:      
Prepaid expenses and other assets (627) 1,904 (5,567)
Accrued interest receivable 365 326 205
Accrued expenses & other liabilities 222 2,763 (831)
Net cash provided by operating activities 12,002 18,132 9,874
CASH FLOWS FROM INVESTING ACTIVITIES:      
Loan repayments (originations), net (26,482) 15,213 41,729
Proceeds from call, maturity, or sale of investment securities available for sale 5,000 9,990 6,150
Principal repayments on investment securities available for sale 392 203 375
Purchase of investment securities available for sale (5,000) (10,000) (4,988)
Principal repayments on mortgage-backed securities available for sale 789 1,017 1,244
Principal repayments on mortgage-backed securities held to maturity 19 69 311
Principal repayments on investment securities held to maturity 13 11 12
Purchase of premises and equipment and capitalized software (2,578) (1,310) (475)
Purchase of certificates of deposit held for investment, net (26,573) (14,900)  
Capital expenditures on real estate owned (207) (49) (47)
Proceeds from sale of real estate owned and premises and equipment 9,275 5,328 12,044
Net cash provided by (used in) investing activities (45,352) 5,572 56,355
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net change in deposit accounts 27,925 28,482 17,982
Proceeds from issuance of common stock, net   18,769  
Proceeds from borrowings 5,000 124,450 922,600
Repayment of borrowings (5,000) (157,450) (1,012,450)
Principal payments under capital lease obligation (54) (43) (40)
Net increase (decrease) in advance payments by borrowers 120 253 67
Net cash provided by (used in) financing activities 27,991 14,461 (71,841)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (5,359) 38,165 (5,612)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 51,752 13,587 19,199
CASH AND CASH EQUIVALENTS, END OF PERIOD 46,393 51,752 13,587
Cash paid during the period for:      
Interest 4,400 6,688 11,343
Income taxes 830 387 1,320
NONCASH INVESTING AND FINANCING ACTIVITIES:      
Transfer of loans to real estate owned 6,843 22,772 19,597
Transfer of real estate owned to loans 1,859 2,724 3,512
Fair value adjustment to securities available for sale 372 (324) 857
Income tax effect related to fair value adjustment (126) 109 (327)
Capitalized software acquired under a service agreement     19
Sale-leaseback of building     $ 2,000