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RIVERVIEW BANCORP, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net Income (Loss) $ (1,780,000) $ 714,000 $ (1,780,000) $ 714,000
Adjustments to reconcile net income to cash provided by operating activities:        
Depreciation and amortization 446 456    
Provision for loan losses 4,000 1,550    
Noncash expense related to ESOP 8 18    
Increase (decrease) in deferred loan origination fees, net of amortization (66) (12)    
Origination of loans held for sale (2,716) (818)    
Proceeds from sales of loans held for sale 3,375 808    
Stock based compensation expense 1 3    
Writedown of real estate owned 787 211    
Net loss (gain) on loans held for sale, sale of real estate owned, mortgage-backed securities, investment securities and premises and equipment (563) (16)    
Income from bank owned life insurance (149) (151)    
Changes in assets and liabilities:        
Prepaid expenses and other assets 1,684 (138)    
Accrued interest receivable 74 29    
Accrued expenses & other liabilities (682) (518)    
Net cash provided by operating activities 4,419 2,136    
CASH FLOWS FROM INVESTING ACTIVITIES:        
Loan (originations) repayments, net 26,338 (6,789)    
Proceeds from sale of loans 31,394      
Principal repayments on investment securities available for sale 6 21    
Principal repayments on investment securities held to maturity 6 7    
Principal repayments on mortgage-backed securities available for sale 153 235    
Principal repayments on mortgage-backed securities held to maturity 3 5    
Purchase of premises and equipment and capitalized software (1,180) (148)    
Purchase of certificates of deposit held for investment, net 498 (3,975)    
Capitalized improvements related to real estate owned   (207)    
Proceeds from sale of real estate owned and premises and equipment 2,108 929    
Net cash provided by (used in) investing activities 59,326 (9,922)    
CASH FLOWS FROM FINANCING ACTIVITIES:        
Net increase (decrease) in deposit accounts (38,563) 26,329    
Principal payments under capital lease obligation (18) (11)    
Net increase (decrease) in advance payments by borrowers (195) (274) (195) (274)
Net cash provided by (used in) financing activities (38,776) 26,044    
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 24,969 18,258    
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 46,393 51,752    
CASH AND CASH EQUIVALENTS, END OF PERIOD 71,362 70,010 71,362 70,010
Cash paid during the period for:        
Interest 834 1,226    
NONCASH INVESTING AND FINANCING ACTIVITIES:        
Transfer of loans to real estate owned 8,490 775    
Transfer of real estate owned to loans 2,104 214    
Fair value adjustment to securities available for sale (25) 210    
Income tax effect related to fair value adjustment $ 9 $ (71)