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RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
INTEREST AND DIVIDEND INCOME:      
Interest and fees on loans receivable $ 31,609 $ 27,795 $ 25,896
Interest on investment securities - taxable 3,550 2,709 2,274
Interest on investment securities - nontaxable 25    
Other interest and dividends 443 444 456
Total interest and dividend income 35,627 30,948 28,626
INTEREST EXPENSE:      
Interest on deposits 1,151 1,173 1,326
Interest on borrowings 718 569 590
Total interest expense 1,869 1,742 1,916
Net interest income 33,758 29,206 26,710
Recapture of loan losses   (1,150) (1,800)
Net interest income after recapture of loan losses 33,758 30,356 28,510
NON-INTEREST INCOME:      
Fees and service charges 5,177 4,846 4,317
Asset management fees 2,988 3,212 2,975
Net gains on sales of loans held for sale 656 525 596
BOLI 760 770 716
Other, net 433 22 271
Total non-interest income, net 10,014 9,375 8,875
NON-INTEREST EXPENSE:      
Salaries and employee benefits 19,356 17,694 17,805
Occupancy and depreciation 4,819 4,727 4,778
Data processing 2,111 1,775 1,807
Amortization of CDI 27 2 24
Advertising and marketing 754 669 628
FDIC insurance premium 356 500 627
State and local taxes 609 510 559
Telecommunications 317 292 295
Professional fees 1,628 904 1,089
Litigation settlement 500 100  
Real estate owned 54 567 994
Other 2,450 2,207 2,138
Total non-interest expense 32,981 29,947 30,744
INCOME BEFORE INCOME TAXES 10,791 9,784 6,641
PROVISION FOR INCOME TAXES 3,387 3,426 2,150
NET INCOME $ 7,404 $ 6,358 $ 4,491
Earnings per common share:      
Basic (in dollars per share) $ 0.33 $ 0.28 $ 0.20
Diluted EPS (in dollars per share) $ 0.33 $ 0.28 $ 0.20
Weighted average number of shares outstanding:      
Basic (in shares) 22,478,306 22,450,252 22,392,744
Diluted (in shares) 22,548,340 22,494,151 22,431,839