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Condensed Financial Information of Parent Company Only Disclosure: Schedule of Quarterly Financial Information (Tables)
12 Months Ended
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