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RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
INTEREST AND DIVIDEND INCOME:        
Interest and fees on loans receivable $ 9,994 $ 7,631 $ 19,783 $ 15,071
Interest on investment securities - taxable 1,079 769 2,212 1,489
Interest on investment securities - nontaxable 14   28  
Other interest and dividends 228 130 315 232
Total interest and dividend income 11,315 8,530 22,338 16,792
INTEREST EXPENSE:        
Interest on deposits 313 279 635 560
Interest on borrowings 277 163 545 321
Total interest expense 590 442 1,180 881
Net interest income 10,725 8,088 21,158 15,911
Provision for loan losses 0 0 0 0
Net interest income after provision for loan losses 10,725 8,088 21,158 15,911
NON-INTEREST INCOME:        
Fees and service charges 1,490 1,188 2,897 2,511
Asset management fees 818 727 1,671 1,549
Net gains on sales of loans held for sale 157 163 382 302
BOLI 204 190 411 381
BOLI death benefit in excess of cash surrender value   407   407
Other, net 44 (94) 90 (55)
Total non-interest income, net 2,713 2,581 5,451 5,095
NON-INTEREST EXPENSE:        
Salaries and employee benefits 5,251 4,531 10,673 9,171
Occupancy and depreciation 1,412 1,225 2,758 2,362
Data processing 580 476 1,196 971
Amortization of CDI 58   116  
Advertising and marketing 256 252 490 445
FDIC insurance premium 136 74 281 196
State and local taxes 177 146 331 285
Telecommunications 103 76 207 149
Professional fees 261 453 676 711
Litigation settlement   475   575
REO 3 35 5 50
Other 522 654 1,200 1,297
Total non-interest expense 8,759 8,397 17,933 16,212
INCOME BEFORE INCOME TAXES 4,679 2,272 8,676 4,794
PROVISION FOR INCOME TAXES 1,620 592 2,963 1,417
NET INCOME $ 3,059 $ 1,680 $ 5,713 $ 3,377
Earnings per common share:        
Basic (in dollars per share) $ 0.14 $ 0.07 $ 0.25 $ 0.15
Diluted (in dollars per share) $ 0.14 $ 0.07 $ 0.25 $ 0.15
Weighted average number of common shares outstanding:        
Basic (in shares) 22,518,941 22,474,019 22,511,935 22,470,957
Diluted (in shares) 22,609,480 22,530,331 22,599,851 22,522,544