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RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
INTEREST AND DIVIDEND INCOME:        
Interest and fees on loans receivable $ 6,789 $ 6,486 $ 13,649 $ 12,657
Interest on investment securities-taxable 62 98 126 182
Interest on mortgage-backed securities 640 508 1,158 988
Other interest and dividends 111 118 230 249
Total interest and dividend income 7,602 7,210 15,163 14,076
INTEREST EXPENSE:        
Interest on deposits 300 342 603 702
Interest on borrowings 139 148 273 295
Total interest expense 439 490 876 997
Net interest income 7,163 6,720 14,287 13,079
Less provision for (recapture of) loan losses (300) (350) (800) (650)
Net interest income after provision for (recapture of) loan losses 7,463 7,070 15,087 13,729
NON-INTEREST INCOME:        
Fees and service charges 1,132 1,158 2,428 2,228
Asset management fees 801 710 1,625 1,530
Net gain on sale of loans held for sale 79 155 300 281
Bank owned life insurance income 190 194 387 332
Other non-interest income 14 6 25 62
Total non-interest income 2,216 2,223 4,765 4,433
NON-INTEREST EXPENSE:        
Salaries and employee benefits 4,236 4,341 8,650 8,515
Occupancy and depreciation 1,154 1,322 2,323 2,409
Data processing 431 434 921 904
Advertising and marketing expense 208 203 384 353
FDIC insurance premium 122 180 248 355
State and local taxes 123 117 260 254
Telecommunications 74 74 147 150
Professional fees 218 257 451 546
Real estate owned expenses 167 186 446 802
Other non-interest expense 551 560 1,199 1,121
Total non-interest expense 7,284 7,674 15,029 15,409
Income (loss) before income taxes 2,395 1,619 4,823 2,753
Provision (Benefit) for income taxes 743 535 1,576 929
Net Income (Loss) $ 1,652 $ 1,084 $ 3,247 $ 1,824
Earnings (loss) per common share:        
Basic earnings $ 0.07 $ 0.05 $ 0.14 $ 0.08
Diluted earnings $ 0.07 $ 0.05 $ 0.14 $ 0.08
Weighted average number of shares outstanding:        
Weighted average number of shares outstanding, Basic 22,449,386 22,388,753 22,441,898 22,385,691
Weighted average number of shares outstanding, Diluted 22,490,351 22,419,469 22,483,711 22,414,212