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Junior Subordinated Debentures: Schedule of terms of the current Debentures (Tables) | 6 Months Ended
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Sep. 30, 2016
Tables/Schedules |
Schedule of terms of the current Debentures |
Issuance Trust |  | Issuance Date |  |  | Amount Outstanding |  | Rate Type |  | Initial Rate |  |  | Current Rate |  |  | Maturity Date |
Riverview Bancorp Statutory Trust I |  |  | 12/2005 |  |  | $ | 7,217 |  | Variable (1) |  |  | 5.88 | % |  |  | 2.21 | % |  |  | 3/2036 |
Riverview Bancorp Statutory Trust II |  |  | 06/2007 |  |  |  | 15,464 |  | Variable (2) |  |  | 7.03 | % |  |  | 2.20 | % |  |  | 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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