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

 

Riverview Bancorp, Inc.

 

 

Selected Quarterly Financial Data (Unaudited):

 

 

(Dollars in thousands, except share data)

Three Months Ended

 

 

 

March 31

 

 

 

December 31

 

 

 

September 30

 

 

 

June 30

 

Fiscal 2013:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

$

6,905

 

 

$

8,136

 

 

$

8,648

 

 

$

9,243

 

Interest expense

 

700

 

 

 

752

 

 

 

861

 

 

 

1,172

 

Net interest income

 

6,205

 

 

 

7,384

 

 

 

7,787

 

 

 

8,071

 

Provision for (recapture of) loan losses

 

(3,600)

 

 

 

-

 

 

 

500

 

 

 

4,000

 

Non-interest income

 

2,032

 

 

 

2,087

 

 

 

2,314

 

 

 

2,440

 

Non-interest expense

 

10,236

 

 

 

8,434

 

 

 

7,812

 

 

 

8,276

 

Income (loss) before income taxes

 

1,601

 

 

 

1,037

 

 

 

1,789

 

 

 

(1,765)

 

Provision for income taxes

 

6

 

 

 

6

 

 

 

2

 

 

 

15

 

Net income (loss)

$

1,595

 

 

$

1,031

 

 

$

1,787

 

 

$

(1,780)

 

Basic earnings (loss) per share (1)

$

0.07

 

 

$

0.05

 

 

$

0.08

 

 

$

(0.08)

 

Diluted earnings (loss) per share (1)

$

0.07

 

 

$

0.05

 

 

$

0.08

 

 

$

(0.08)

 

 

(Dollars in thousands, except share data)

Three Months Ended

 

 

 

March 31

 

 

 

December 31

 

 

 

September 30

 

 

 

June 30

 

Fiscal 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

$

9,310

 

 

$

9,829

 

 

$

9,965

 

 

$

10,428

 

Interest expense

 

1,295

 

 

 

1,442

 

 

 

1,530

 

 

 

1,598

 

Net interest income

 

8,015

 

 

 

8,387

 

 

 

8,435

 

 

 

8,830

 

Provision for loan losses

 

17,500

 

 

 

8,100

 

 

 

2,200

 

 

 

1,550

 

Non-interest income

 

1,561

 

 

 

1,530

 

 

 

1,832

 

 

 

1,904

 

Non-interest expense

 

8,229

 

 

 

10,192

 

 

 

7,845

 

 

 

8,157

 

Income (loss) before income taxes

 

(16,153)

 

 

 

(8,375)

 

 

 

222

 

 

 

1,027

 

Provision (benefit) for income taxes

 

(196)

 

 

 

8,220

 

 

 

41

 

 

 

313

 

Net income (loss)

$

(15,957)

 

 

$

(16,595)

 

 

$

181

 

 

$

714

 

Basic earnings (loss) per share (1)

$

(0.71)

 

 

$

(0.74)

 

 

$

0.01

 

 

$

0.03

 

Diluted earnings (loss) per share (1)

$

(0.71)

 

 

$

(0.74)

 

 

$

0.01

 

 

$

0.03