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Junior Subordinated Debenture: Schedule of terms of the current Debentures (Tables) | 12 Months Ended
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Mar. 31, 2016
Tables/Schedules |
Schedule of terms of the current Debentures |
Issuance Trust |  | Issuance Date |  |  | Amount Outstanding |  | Rate Type |  | Initial Rate |  | Current Rate |  | Maturing Date
Riverview Bancorp Statutory Trust I |  | 12/2005 |  | $ | 7,217 |  | Variable (1) |  | 5.88 | % | 1.99 | % | 3/2036
Riverview Bancorp Statutory Trust II |  | 06/2007 |  |  | 15,464 |  | Variable (2) |  | 7.03 | % | 1.98 | % | 9/2037
|  |  |  | $ | 22,681 |  |  |  |  |  |  |  |
(1) The trust preferred securities reprice quarterly based on the three-month LIBOR plus 1.36%
(2) The trust preferred securities reprice quarterly based on the three-month LIBOR plus 1.35%

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- Definition Tabular disclosure of borrowings under subordinated debt agreements that qualify as available in computing net capital under SEC uniform net capital rules for broker-dealers, including restrictive covenants, collateral, interest rates and due dates, amounts due by date and amount owed in total. + References No definition available. + Details
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- References No definition available. + Details
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