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Junior Subordinated Debentures: Schedule of terms of the current Debentures (Tables)
6 Months Ended
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%