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RIVERVIEW BANCORP, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF CASHFLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (15,700) $ 3,461
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 1,429 1,470
Provision for loan losses 11,850 4,575
Noncash expense related to ESOP 48 45
Provision for deferred income taxes 8,717  
Increase (decrease) in deferred loan origination fees, net of amortization (33) (124)
Origination of loans held for sale (2,858) (10,711)
Proceeds from sales of loans held for sale 2,399 10,517
Stock based compensation expense 11 73
Writedown of real estate owned 3,304 628
Net gain on loans held for sale, sale of real estate owned, mortgage-backed securities, investment securities and premises and equipment 233 (713)
Bank owned life insurance income (455) (451)
Changes in assets and liabilities:    
Prepaid expenses and other assets (353) 1,614
Accrued interest receivable 145 351
Accrued expenses & other liabilities 342 3,018
Net cash provided by operating activities 9,079 13,753
CASH FLOWS FROM INVESTING ACTIVITIES:    
Loan repayments (originations), net (19,913) 27,173
Proceeds from call, maturity, or sale of investment securities available for sale 5,000 9,990
Principal repayments on investment securities available for sale 392 203
Principal repayments on investment securities held to maturity 13 12
Purchase of investment securities available for sale (5,000) (10,000)
Principal repayments on mortgage-backed securities available for sale 622 794
Principal repayments on mortgage-backed securities held to maturity 13 65
Purchase of premises and equipment and capitalized software (27,818) (17,141)
Purchase of certificates held at other banks (1,474) (452)
Capitalized improvements related to real estate owned (207) (49)
Proceeds from sale of real estate owned and premises and equipment 5,645 3,727
Net cash provided (used) by investing activities (42,727) 14,322
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposit accounts 18,516 8,701
Proceeds from issuance of common stock, net   18,769
Proceeds from borrowings 5,000 121,200
Repayment of borrowings (5,000) (154,200)
Principal payments under capital lease obligation (36) (32)
Net increase (decrease) in advance payments by borrowers (271) (200)
Net cash provided (used) by financing activities 18,209 (5,762)
NET INCREASE (DECREASE) IN CASH (15,439) 22,313
CASH, BEGINNING OF PERIOD 51,752 13,587
CASH, END OF PERIOD 36,313 35,900
Cash paid during the period for:    
Interest 3,481 5,343
Income taxes 830 255
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Transfer of loans to real estate owned, net 2,108 21,278
Fair value adjustment to securities available for sale 399 (382)
Income tax effect related to fair value adjustment $ (135) $ 130