<SEC-DOCUMENT>0001420506-20-000745.txt : 20200721
<SEC-HEADER>0001420506-20-000745.hdr.sgml : 20200721
<ACCEPTANCE-DATETIME>20200721163942
ACCESSION NUMBER:		0001420506-20-000745
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200720
FILED AS OF DATE:		20200721
DATE AS OF CHANGE:		20200721

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Friedman Martin S.
		CENTRAL INDEX KEY:			0001449556

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22957
		FILM NUMBER:		201039253

	MAIL ADDRESS:	
		STREET 1:		2107 WILSON BLVD., SUITE 400
		CITY:			ARLINGTON
		STATE:			VA
		ZIP:			22201

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RIVERVIEW BANCORP INC
		CENTRAL INDEX KEY:			0001041368
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				911838969
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		900 WASHINGTON STREET
		STREET 2:		SUITE 900
		CITY:			VANCOUVER
		STATE:			WA
		ZIP:			98660
		BUSINESS PHONE:		360-693-6650

	MAIL ADDRESS:	
		STREET 1:		900 WASHINGTON STREET
		STREET 2:		SUITE 900
		CITY:			VANCOUVER
		STATE:			WA
		ZIP:			98660
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4_837.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2020-07-20</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001041368</issuerCik>
        <issuerName>RIVERVIEW BANCORP INC</issuerName>
        <issuerTradingSymbol>RVSB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001449556</rptOwnerCik>
            <rptOwnerName>Friedman Martin S.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O FJ CAPITAL MANAGEMENT LLC</rptOwnerStreet1>
            <rptOwnerStreet2>1313 DOLLEY MADISON BLVD STE 306</rptOwnerStreet2>
            <rptOwnerCity>MCLEAN</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>22101</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2020-07-17</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2020-07-21</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>14028</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.85</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2238034</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2020-07-20</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2020-07-22</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>15972</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.75</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2222062</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Martin S. Friedman (the &quot;Reporting Person&quot;) is the managing member of FJ Capital Management LLC (&quot;FJ Capital&quot;), which is the managing member and investment adviser to Financial Opportunity Fund LLC (&quot;FOF&quot;), Financial Opportunity Long/Short Fund LLC (&quot;FLS&quot;), an investment adviser to a separately managed account (&quot;SMA) and a sub-investment advisor to Bridge Equities XI, LLC (&quot;BEXI&quot;), each of which beneficially owns shares of the common stock of the issuer (the &quot;Shares&quot;).  As a consequence of a stock repurchase by the issuer, FOF, FLS, the SMA and BEXI, in the aggregate, beneficially became owners of 10% or more of the Shares.</footnote>
        <footnote id="F2">Therefore, (a) on behalf of FOF, FLS, FJ Capital sold 25,096 Shares,  (b) on behalf of the SMA, FJ Capital sold 1,707 Shares, and (c) on behalf of BEXI, FJ Capital sold 3,197 Shares (collectively, the &quot;Disposed Shares&quot;) in order to reduce the aggregate beneficial ownership of the Shares by FOF, FLS, the SMA and BEXI to less than 10% of the issued and outstanding Shares.</footnote>
        <footnote id="F3">The sale by FJ Capital on behalf of FOF, FLS, the SMA, and BEXI of the Disposed Shares was necessitated solely for the purpose of reducing the aggregate amount of the Shares controlled FOF, FLS, the SMA, and BEXI as a consequence of the stock repurchase by the issuer in order to avoid FOF, FLS, the SMA, and BEXI being deemed to be bank holding companies pursuant to the Bank Holding Company Act of 1956, as amended, and the rules promulgated pursuant thereto by the Board of Governors of the Federal Reserve System.</footnote>
        <footnote id="F4">Martin S. Friedman, in his capacity as Managing Member of FJ Capital, has voting and dispositive power over the Shares held by FOF, FLS, the SMA, and BEXI. The Reporting Person disclaims beneficial ownership of the securities referred to in this Form 4 except to the extent of the Reporting Person's pecuniary interest in such securities, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is, for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any securities covered by this Form 4.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Martin S. Friedman</signatureName>
        <signatureDate>2020-07-21</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
