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RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Mar. 31, 2015
ASSETS    
Cash and cash equivalents, including interest-earning accounts $ 55,400 [1] $ 58,659 [2]
Certificates of deposits held for investment 16,769 25,969
Loans held for sale 503 778
Investment securities, available for sale, at estimated fair value 150,690 112,463
Investment securities, held to maturity, at amortized cost 75 [3] 86 [4]
Loans receivable, net 614,934 [5] 569,010 [6]
Real estate owned 595 1,603
Prepaid expenses and other assets 3,405 3,238
Accrued interest receivable 2,384 2,139
Federal Home Loan Bank stock, at cost 1,060 5,924
Premises and equipment, net 14,595 15,434
Deferred income taxes, net 9,189 12,568
Mortgage servicing rights, net 380 399
Goodwill 25,572 25,572
Bank owned life insurance 25,678 24,908
TOTAL ASSETS 921,229 858,750
LIABILITIES:    
Deposit accounts 779,803 720,850
Accrued expenses and other liabilities 7,388 8,111
Advance payments by borrowers for taxes and insurance 609 495
Junior subordinated debentures 22,681 22,681
Capital lease obligations 2,475 2,276
Total liabilities $ 812,956 $ 754,413
COMMITMENTS AND CONTINGENCIES [7]
Shareholders' equity attributable to Parent    
Serial preferred stock [8]
Common Stock $ 225 [9] $ 225 [10]
Additional paid-in capital 64,418 65,268
Retained earnings 42,728 37,830
Unearned shares issued to employee stock ownership trust (181) (284)
Accumulated other comprehensive income (loss) 1,083 762
Total shareholders' equity 108,273 103,801
Shareholders' Equity attributable to non-controlling interest   536
Total Shareholders' Equity, including portion attributable to non-controlling interest 108,273 104,337
TOTAL LIABILITIES AND EQUITY $ 921,229 $ 858,750
[1] Including interest-earning accounts of $40,317.
[2] Including interest-earning accounts of $45,490.
[3] Estimated fair value of $76.
[4] Estimated fair value of $88.
[5] Net of allowance for loan losses of $9,885.
[6] Net of allowance for loan losses of $10,762.
[7] See Note 17.
[8] Serial preferred stock, $.01 par value; 250,000 authorized, none issued and outstanding.
[9] Common stock, $.01 par value; 50,000,000 authorized, 22,507,890 issued and outstanding.
[10] Common stock, $.01 par value; 50,000,000 authorized, 22,489,890 issued and outstanding.