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20. Riverview Bancorp, Inc. (Parent Company): Schedule of Parent Company Income Statement (Tables)
 12 Months Ended
Mar. 31, 2013
Tables/Schedules  
Schedule of Parent Company Income Statement

 

STATEMENTS OF OPERATIONS

 

 

 

 

 

 

 

 

 

years ended March 31, 2013, 2012 and 2011

 

 

 

 

 

 

 

 

 

(In thousands)

 

2013

 

 

2012

 

 

2011

 

INCOME:

 

 

 

 

 

 

 

 

 

Interest on investment securities and other short-term investments

$

20

 

$

40

 

$

44

 

Interest on loan receivable from the Bank

 

50

 

 

59

 

 

68

 

Total income

 

70

 

 

99

 

 

112

 

EXPENSE:

 

 

 

 

 

 

 

 

 

Management service fees paid to the Bank

 

143

 

 

142

 

 

143

 

Other expenses

 

685

 

 

3,624

 

 

1,316

 

Total expense

 

828

 

 

3,766

 

 

1,459

 

LOSS BEFORE INCOME TAXES AND EQUITY

 

 

 

 

 

 

 

 

 

IN UNDISTRIBUTED LOSS OF THE BANK

 

(758)

 

 

(3,667)

 

 

(1,347)

 

PROVISION (BENEFIT) FOR INCOME TAXES

 

(258)

 

 

81

 

 

(458)

 

LOSS OF PARENT COMPANY

 

(500)

 

 

(3,748)

 

 

(889)

 

EQUITY IN UNDISTRIBUTED INCOME (LOSS) OF THE BANK

 

3,133

 

 

(27,909)

 

 

5,204

 

NET INCOME (LOSS)

$

2,633

 

$

(31,657)

 

$

4,315