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RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Mar. 31, 2016
ASSETS    
Cash and cash equivalents (including interest-earning accounts of $46,245 and $40,317) $ 64,613 $ 55,400
Certificates of deposit held for investment 11,042 16,769
Loans held for sale 478 503
Investment securities:    
Available for sale, at estimated fair value 200,214 150,690
Held to maturity, at amortized cost (estimated fair value of $66 and $76) 64 75
Loans receivable (net of allowance for loan losses of $10,528 and $9,885) 768,904 614,934
Real estate owned 298 595
Prepaid expenses and other assets 3,815 3,405
Accrued interest receivable 2,941 2,384
Federal Home Loan Bank stock, at cost 1,181 1,060
Premises and equipment, net 16,232 14,595
Deferred income taxes, net 7,610 9,189
Mortgage servicing rights, net 398 380
Goodwill 27,076 25,572
Core deposit intangible ("CDI"), net 1,335  
Bank owned life insurance ("BOLI") 27,738 25,678
TOTAL ASSETS 1,133,939 921,229
LIABILITIES:    
Deposits 980,058 779,803
Accrued expenses and other liabilities 13,080 7,388
Advance payments by borrowers for taxes and insurance 693 609
Junior subordinated debentures 26,390 22,681
Capital lease obligation 2,454 2,475
Total liabilities 1,022,675 812,956
COMMITMENTS AND CONTINGENCIES (See Note 18)
SHAREHOLDERS' EQUITY:    
Serial preferred stock, $.01 par value; 250,000 authorized; issued and outstanding: none
Common stock, $.01 par value; 50,000,000 authorized March 31, 2017 - 22,510,890 issued and outstanding March 31, 2016 - 22,507,890 issued and outstanding 225 225
Additional paid-in capital 64,468 64,418
Retained earnings 48,335 42,728
Unearned shares issued to employee stock ownership plan ("ESOP") (77) (181)
Accumulated other comprehensive income (loss) (1,687) 1,083
Total shareholders' equity 111,264 108,273
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,133,939 $ 921,229