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JUNIOR SUBORDINATED DEBENTURES - Additional Information (Details) | 12 Months Ended |
--- | --- | ---
Mar. 31, 2021 USD ($) item | Mar. 31, 2020 USD ($)
JUNIOR SUBORDINATED DEBENTURES |  |
Maximum number of consecutive quarters for deferred payment of each debenture | item | 20 |
Debentures issued to grantor trusts | $ 26,700,000 | $ 26,700,000
Common securities issued by grantor trusts | $ 836,000 | $ 836,000
Riverview Bancorp Statutory Trust I |  |
JUNIOR SUBORDINATED DEBENTURES |  |
Description of variable rate | three-month LIBOR |
Interest basis spread on variable rate | 1.36% |
Riverview Bancorp Statutory Trust II |  |
JUNIOR SUBORDINATED DEBENTURES |  |
Description of variable rate | three-month LIBOR |
Interest basis spread on variable rate | 1.35% |
Merchants Bancorp Statutory Trust I |  |
JUNIOR SUBORDINATED DEBENTURES |  |
Description of variable rate | three-month LIBOR |
Interest basis spread on variable rate | 3.10% |

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- Definition Amount of the common securities issued by the grantor trusts, and which were purchased by the Company, and included in prepaid expenses and other assets in the Consolidated Balance Sheets. + References No definition available. + Details
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- Definition The amount of the debentures issued by the company to the grantor trusts. + References No definition available. + Details
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- Definition Represents the maximum number of consecutive quarters for deferred payment of each debenture. + References No definition available. + Details
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
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- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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- Details
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- Details
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- Details
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