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RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income (Loss) $ 740 $ 1,640
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 746 424
Provision for (recapture of) loan losses (300) (2,500)
Provision for deferred income taxes 377  
Noncash expense related to ESOP 23 16
Increase (decrease) in deferred loan origination fees, net of amortization (39) 82
Origination of loans held for sale (3,640) (12,490)
Proceeds from sales of loans held for sale 3,945 12,326
Stock based compensation expense 26  
Writedown of real estate owned 513 1,292
Net (gain) loss on loans held for sale, sale of real estate owned, mortgage-backed securities, investment securities and premises and equipment (130) (289)
Income from bank owned life insurance (138) (142)
Changes in assets and liabilities:    
Prepaid expenses and other assets (703) 205
Accrued interest receivable (128) (4)
Accrued expenses & other liabilities 2,318 1,029
Net cash provided by (used in) operating activities 3,610 1,589
CASH FLOWS FROM INVESTING ACTIVITIES:    
Loan repayments, net (4,849) 9,285
Purchase of loans receivable (8,726)  
Proceeds from call, maturity, or sale of investment securities available for sale 4,000  
Principal repayments on investment securities available for sale   29
Principal repayments on mortgage-backed securities available for sale 3,444 120
Principal repayments on mortgage-backed securities held to maturity 3 3
Purchase of investment securities available for sale (2,000) (8,000)
Purchase of mortgage-backed securities available for sale (22,780) (6,094)
Redemption (purchase) of certificates of deposit held for investment 2,490 1,983
Proceeds from redemption of Federal Home Loan Bank stock 211 65
Purchase of premises and equipment and capitalized software (202) (366)
Proceeds from sale of real estate owned and premises and equipment 1,326 2,968
Net cash provided by (used in) investing activities (27,083) (7)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase (decrease) in deposit accounts (3,425) (4,311)
Principal payments under capital lease obligation (21) (20)
Net increase (decrease) in advance payments by borrowers (102) (788)
Net cash provided by (used in) financing activities (3,548) (5,119)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (27,021) (3,537)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 68,577 115,415
CASH AND CASH EQUIVALENTS, END OF PERIOD 41,556 111,878
Cash paid during the period for:    
Interest 381 530
Income taxes 15 13
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Transfer of loans to real estate owned 52 1,812
Fair value adjustment to securities available for sale 907 70
Income tax effect related to fair value adjustment $ (308) $ (24)