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RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Mar. 31, 2015
ASSETS    
Cash, including interest-earning accounts $ 68,865 [1] $ 58,659 [2]
Certificate of deposits held for investment 21,247 25,969
Loans held for sale 950 778
Investment securities available for sale, at fair value 15,750 [3] 15,751 [4]
Mortgage-backed securities held to maturity, at amortized cost 80 [5] 86 [6]
Mortgage-backed securities available for sale, at fair value 118,821 [7] 96,712 [8]
Loans receivable 585,784 [9] 569,010 [10]
Real estate and other personal property owned 909 1,603
Prepaid expenses and other assets 3,256 3,238
Accrued interest receivable 2,181 2,139
Federal Home Loan Bank stock, at cost 988 5,924
Premises and equipment, net 15,059 15,434
Deferred income taxes, net 11,153 12,568
Mortgage servicing rights, net 392 399
Goodwill 25,572 25,572
Bank owned life insurance 25,295 24,908
TOTAL ASSETS 896,302 858,750
LIABILITIES:    
Deposit accounts 756,996 720,850
Accrued expenses and other liabilities 6,497 8,111
Advance payments by borrowers for taxes and insurance 712 495
Junior subordinated debentures 22,681 22,681
Capital lease obligations 2,484 2,276
Total liabilities $ 789,370 $ 754,413
COMMITMENTS AND CONTINGENCIES [11]
Shareholders' equity    
Serial preferred stock [12]
Common Stock $ 225 [13] $ 225 [14]
Additional paid-in capital 65,333 65,268
Retained earnings 40,460 37,830
Unearned shares issued to employee stock ownership trust (232) (284)
Accumulated other comprehensive income (loss) 576 762
Total shareholders' equity 106,362 103,801
Shareholders' Equity attributable to non-controlling interest 570 536
Total Shareholders' Equity, including portion attributable to non-controlling interest 106,932 104,337
TOTAL LIABILITIES AND EQUITY $ 896,302 $ 858,750
[1] Including interest-earning accounts of $55,094.
[2] Including interest-earning accounts of $45,490.
[3] Amortized cost of $15,926.
[4] Amortized cost of $15,927.
[5] Fair value of $82.
[6] Fair value of $88.
[7] Amortized cost of $117,752.
[8] Amortized cost of $95,382.
[9] Net of allowance for loan losses of $10,113.
[10] Net of allowance for loan losses of $10,762.
[11] See Note 14.
[12] Serial preferred stock, $.01 par value; 250,000 authorized, none issued and outstanding.
[13] Common stock, $.01 par value; 50,000,000 authorized, 22,507,890 issued and outstanding.
[14] Common stock, $.01 par value; 50,000,000 authorized, 22,489,890 issued and outstanding.