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JUNIOR SUBORDINATED DEBENTURES (Tables)
 3 Months Ended
Jun. 30, 2019
Junior Subordinated Debentures [Abstract]  
Schedule of summary of terms and the amounts outstanding of the 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
%
3.77
%
3/2036
Riverview Bancorp Statutory Trust II
  
06/2007
    
15,464
  
Variable (2)
  
7.03
%
3.76
%
9/2037
Merchants Bancorp Statutory Trust I (4)
  
06/2003
    
5,155
  
Variable (3)
  
4.16
%
5.43
%
6/2033
         
27,836
                
Fair value adjustment (4)
        
(1,239
)
              
Total Debentures
      
$
26,597
                
                           
(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%.
 
(3)  The trust preferred securities reprice quarterly based on the three-month LIBOR plus 3.10%.
(4)  Amount, net of accretion, attributable to the purchase and assumption transaction of Merchants Bancorp’s trust preferred security on February 17, 2017.