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RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
INTEREST AND DIVIDEND INCOME:        
Interest and fees on loans receivable $ 7,109 $ 6,498 $ 20,758 $ 19,155
Interest on investment securities 702 595 1,986 1,765
Other interest and dividends 110 110 340 359
Total interest and dividend income 7,921 7,203 23,084 21,279
INTEREST EXPENSE:        
Interest on deposits 290 322 893 1,024
Interest on borrowings 144 163 417 458
Total interest expense 434 485 1,310 1,482
Net interest income 7,487 6,718 21,774 19,797
Less provision for (recapture of) loan losses   (400) (800) (1,050)
Net interest income after provision for (recapture of) loan losses 7,487 7,118 22,574 20,847
NON-INTEREST INCOME:        
Fees and service charges 1,312 1,032 3,740 3,260
Asset management fees 830 718 2,455 2,248
Net gain on sale of loans held for sale 125 154 425 435
Bank owned life insurance income 193 196 580 528
Other non-interest income (43) 164 (18) 226
Total non-interest income 2,417 2,264 7,182 6,697
NON-INTEREST EXPENSE:        
Salaries and employee benefits 4,452 4,472 13,102 12,987
Occupancy and depreciation 1,200 1,223 3,523 3,632
Data processing 424 495 1,345 1,399
Advertising and marketing expense 149 169 533 522
FDIC insurance premium 127 143 375 498
State and local taxes 102 162 362 416
Telecommunications 71 73 218 223
Professional fees 222 302 673 848
Real estate owned expenses 65 99 511 901
Other non-interest expense 537 508 1,736 1,629
Total non-interest expense 7,349 7,646 22,378 23,055
Income (loss) before income taxes 2,555 1,736 7,378 4,489
Provision (Benefit) for income taxes 849 587 2,425 1,516
Net Income (Loss) $ 1,706 $ 1,149 $ 4,953 $ 2,973
Earnings (loss) per common share:        
Basic earnings $ 0.08 $ 0.05 $ 0.22 $ 0.13
Diluted earnings $ 0.08 $ 0.05 $ 0.22 $ 0.13
Weighted average number of shares outstanding:        
Weighted average number of shares outstanding, Basic 22,455,543 22,394,910 22,446,463 22,388,775
Weighted average number of shares outstanding, Diluted 22,506,341 22,439,195 22,491,546 22,421,330