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Condensed Financial Information of Parent Company Only Disclosure: Schedule of Quarterly Financial Information (Tables) | 12 Months Ended
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Mar. 31, 2016
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 2016: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest and dividend income | $ | 7,864 |  |  | $ | 7,921 |  |  | $ | 7,602 |  |  | $ | 7,561 |
Interest expense |  | 432 |  |  |  | 434 |  |  |  | 439 |  |  |  | 437 |
Net interest income |  | 7,432 |  |  |  | 7,487 |  |  |  | 7,163 |  |  |  | 7,124 |
Recapture of loan losses |  | (350 | ) |  |  | - |  |  |  | (300 | ) |  |  | (500 | )
Non-interest income, net |  | 2,193 |  |  |  | 2,417 |  |  |  | 2,216 |  |  |  | 2,549 |
Non-interest expense |  | 7,569 |  |  |  | 7,349 |  |  |  | 7,284 |  |  |  | 7,745 |
Income before income taxes |  | 2,406 |  |  |  | 2,555 |  |  |  | 2,395 |  |  |  | 2,428 |
Provision for income taxes |  | 1,001 |  |  |  | 849 |  |  |  | 743 |  |  |  | 833 |
Net income | $ | 1,405 |  |  | $ | 1,706 |  |  | $ | 1,652 |  |  | $ | 1,595 |
Basic earnings per share (1) | $ | 0.06 |  |  | $ | 0.08 |  |  | $ | 0.07 |  |  | $ | 0.07 |
Diluted earnings per share (1) | $ | 0.06 |  |  | $ | 0.08 |  |  | $ | 0.07 |  |  | $ | 0.07 |
|  | March 31 |  |  |  | December 31 |  |  |  | September 30 |  |  |  | June 30 |
Fiscal 2015: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest and dividend income | $ | 7,347 |  |  | $ | 7,203 |  |  | $ | 7,210 |  |  | $ | 6,866 |
Interest expense |  | 434 |  |  |  | 485 |  |  |  | 490 |  |  |  | 507 |
Net interest income |  | 6,913 |  |  |  | 6,718 |  |  |  | 6,720 |  |  |  | 6,359 |
Recapture of loan losses |  | (750 | ) |  |  | (400 | ) |  |  | (350 | ) |  |  | (300 | )
Non-interest income, net |  | 2,178 |  |  |  | 2,264 |  |  |  | 2,223 |  |  |  | 2,210 |
Non-interest expense |  | 7,689 |  |  |  | 7,646 |  |  |  | 7,674 |  |  |  | 7,735 |
Income before income taxes |  | 2,152 |  |  |  | 1,736 |  |  |  | 1,619 |  |  |  | 1,134 |
Provision for income taxes |  | 634 |  |  |  | 587 |  |  |  | 535 |  |  |  | 394 |
Net income | $ | 1,518 |  |  | $ | 1,149 |  |  | $ | 1,084 |  |  | $ | 740 |
Basic earnings per share (1) | $ | 0.07 |  |  | $ | 0.05 |  |  | $ | 0.05 |  |  | $ | 0.03 |
Diluted earnings per share (1) | $ | 0.07 |  |  | $ | 0.05 |  |  | $ | 0.05 |  |  | $ | 0.03 |

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 + Details
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