XML 47 R32.htm IDEA: XBRL DOCUMENT v3.21.2

ALLOWANCE FOR LOAN LOSSES (Tables)

12 Months Ended

Mar. 31, 2021

ALLOWANCE FOR LOAN LOSSES

Schedule of reconciliation of the allowance for loan losses

The following tables present a reconciliation of the allowance for loan losses for the periods indicated (in thousands):

		Commercial			Commercial						Multi-			Real Estate
March 31, 2021		Business			Real Estate			Land			Family			Construction			Consumer			Unallocated			Total
Beginning balance		$	2,008		$	6,421		$	230		$	854		$	1,149		$	1,363		$	599		$	12,624
Provision for (recapture of) loan losses			398			7,336			3			(216)			(855)			(423)			57			6,300
Charge-offs			—			—			—			—			—			(124)			—			(124)
Recoveries			10			332			—			—			—			36			—			378
Ending balance		$	2,416		$	14,089		$	233		$	638		$	294		$	852		$	656		$	19,178
March 31, 2020
Beginning balance		$	1,808		$	5,053		$	254		$	728		$	1,457		$	1,447		$	710		$	11,457
Provision for (recapture of) loan losses			264			1,368			(24)			126			(308)			(65)			(111)			1,250
Charge-offs			(64)			—			—			—			—			(82)			—			(146)
Recoveries			—			—			—			—			—			63			—			63
Ending balance		$	2,008		$	6,421		$	230		$	854		$	1,149		$	1,363		$	599		$	12,624
March 31, 2019
Beginning balance		$	1,668		$	4,914		$	220		$	822		$	618		$	1,809		$	715		$	10,766
Provision for (recapture of) loan losses			139			(685)			34			(94)			839			(178)			(5)			50
Charge-offs			—			—			—			—			—			(291)			—			(291)
Recoveries			1			824			—			—			—			107			—			932
Ending balance		$	1,808		$	5,053		$	254		$	728		$	1,457		$	1,447		$	710		$	11,457

Schedule of impaired financing receivables

The following tables present an analysis of loans receivable and the allowance for loan losses, based on impairment methodology, at the dates indicated (in thousands):

		Allowance for Loan Losses									Recorded Investment in Loans
		Individually			Collectively						Individually			Collectively
		Evaluated			Evaluated						Evaluated			Evaluated
		for			for						for			for
March 31, 2021		Impairment			Impairment			Total			Impairment			Impairment			Total
Commercial business		$	—		$	2,416		$	2,416		$	120		$	265,025		$	265,145
Commercial real estate			—			14,089			14,089			1,468			541,999			543,467
Land			—			233			233			710			13,330			14,040
Multi-family			—			638			638			753			44,261			45,014
Real estate construction			—			294			294			—			16,990			16,990
Consumer			11			841			852			530			58,049			58,579
Unallocated			—			656			656			—			—			—
Total		$	11		$	19,167		$	19,178		$	3,581		$	939,654		$	943,235
March 31, 2020
Commercial business		$	—		$	2,008		$	2,008		$	139		$	178,890		$	179,029
Commercial real estate			—			6,421			6,421			2,378			505,493			507,871
Land			—			230			230			714			13,312			14,026
Multi-family			—			854			854			1,549			56,825			58,374
Real estate construction			—			1,149			1,149			—			64,843			64,843
Consumer			12			1,351			1,363			432			86,934			87,366
Unallocated			—			599			599			—			—			—
Total		$	12		$	12,612		$	12,624		$	5,212		$	906,297		$	911,509

Schedule of changes in the allowance for unfunded loan commitments

Changes in the allowance for unfunded loan commitments were as follows for the years indicated (in thousands):

		Year Ended March 31,
		2021			2020			2019
Beginning balance		$	474		$	469		$	480
Net change in allowance for unfunded loan commitments			35			5			(11)
Ending balance		$	509		$	474		$	469

Schedule of analysis of loans by aging category

The following tables present an analysis of loans by aging category at the dates indicated (in thousands):

											Total
					90 Days						Past
					and						Due and						Total
		30-89 Days			Greater						Non-						Loans
March 31, 2021		Past Due			Past Due			Non-accrual			accrual			Current			Receivable
Commercial business		$	98		$	175		$	182		$	455		$	264,690		$	265,145
Commercial real estate			—			—			144			144			543,323			543,467
Land			—			—			—			—			14,040			14,040
Multi-family			—			—			—			—			45,014			45,014
Real estate construction			—			—			—			—			16,990			16,990
Consumer			143			1			69			213			58,366			58,579
Total		$	241		$	176		$	395		$	812		$	942,423		$	943,235
March 31, 2020
Commercial business		$	—		$	—		$	201		$	201		$	178,828		$	179,029
Commercial real estate			—			—			1,014			1,014			506,857			507,871
Land			—			—			—			—			14,026			14,026
Multi-family			—			—			—			—			58,374			58,374
Real estate construction			—			—			—			—			64,843			64,843
Consumer			271			—			180			451			86,915			87,366
Total		$	271		$	—		$	1,395		$	1,666		$	909,843		$	911,509

Schedule of credit quality indicators

The following tables present an analysis of loans by credit quality indicators at the dates indicated (in thousands):

																	Total
					Special												Loans
March 31, 2021		Pass			Mention			Substandard			Doubtful			Loss			Receivable
Commercial business		$	264,564		$	399		$	182		$	—		$	—		$	265,145
Commercial real estate			494,010			42,045			7,412			—			—			543,467
Land			14,040			—			—			—			—			14,040
Multi-family			44,941			49			24			—			—			45,014
Real estate construction			16,990			—			—			—			—			16,990
Consumer			58,510			—			69			—			—			58,579
Total		$	893,055		$	42,493		$	7,687		$	—		$	—		$	943,235
March 31, 2020
Commercial business		$	177,399		$	1,282		$	348		$	—		$	—		$	179,029
Commercial real estate			506,794			63			1,014			—			—			507,871
Land			14,026			—			—			—			—			14,026
Multi-family			58,295			45			34			—			—			58,374
Real estate construction			64,843			—			—			—			—			64,843
Consumer			87,186			—			180			—			—			87,366
Total		$	908,543		$	1,390		$	1,576		$	—		$	—		$	911,509

Schedule of total and average recorded investment in impaired loans

The following tables present information regarding impaired loans at the dates and for the years indicated (in thousands):

		Recorded			Recorded
		Investment			Investment
		with			with									Related
		No Specific			Specific			Total			Unpaid			Specific
		Valuation			Valuation			Recorded			Principal			Valuation
March 31, 2021		Allowance			Allowance			Investment			Balance			Allowance
Commercial business		$	120		$	—		$	120		$	157		$	—
Commercial real estate			1,468			—			1,468			1,556			—
Land			710			—			710			740			—
Multi-family			753			—			753			856			—
Consumer			278			252			530			643			11
Total		$	3,329		$	252		$	3,581		$	3,952		$	11
March 31, 2020
Commercial business		$	139		$	—		$	139		$	170		$	—
Commercial real estate			2,378			—			2,378			3,405			—
Land			714			—			714			748			—
Multi-family			1,549			—			1,549			1,662			—
Consumer			295			137			432			543			12
Total		$	5,075		$	137		$	5,212		$	6,528		$	12

		Year ended						Year ended						Year ended
		March 31, 2021						March 31, 2020						March 31, 2019
					Interest						Interest						Interest
					Recognized						Recognized						Recognized
		Average			on			Average			on			Average			on
		Recorded			Impaired			Recorded			Impaired			Recorded			Impaired
		Investment			Loans			Investment			Loans			Investment			Loans
Commercial business		$	130		$	—		$	150		$	62		$	334		$	—
Commercial real estate			2,008			61			2,420			40			2,607			64
Land			713			40			720			90			742			7
Multi-family			1,313			77			1,573			—			1,620			88
Consumer			494			29			494			29			992			45
Total		$	4,658		$	207		$	5,357		$	221		$	6,295		$	204

Schedule of TDRs by interest accrual status

The following table presents TDRs by interest accrual status at the dates indicated (in thousands):

		March 31, 2021									March 31, 2020
		Accrual			Nonaccrual			Total			Accrual			Nonaccrual			Total
Commercial business		$	—		$	120		$	120		$	—		$	139		$	139
Commercial real estate			1,324			144			1,468			1,364			1,014			2,378
Land			710			—			710			714			—			714
Multi-family			753			—			753			1,549			—			1,549
Consumer			530			—			530			432			—			432
Total		$	3,317		$	264		$	3,581		$	4,059		$	1,153		$	5,212

X

- References

No definition available.

+ Details

Name:	rvsb_AllowanceForLoanLossesAbstract
Namespace Prefix:	rvsb_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

No definition available.

+ Details

Name:	rvsb_ScheduleOfAllowanceForLoanAndLeaseLossesRollForwardTableTextBlock
Namespace Prefix:	rvsb_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of changes in the allowance for unfunded loan commitments.

+ References

No definition available.

+ Details

Name:	rvsb_ScheduleOfChangesInAllowanceForUnfundedLoanCommitmentsTableTextBlock
Namespace Prefix:	rvsb_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

No definition available.

+ Details

Name:	rvsb_ScheduleOfCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	rvsb_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule (table) of the average recorded investment and the interest recognized on impaired loans for the periods indicated.

+ References

No definition available.

+ Details

Name:	rvsb_ScheduleOfImpairedLoansAverageRecordedInvestmentAndInterestRecognizedTableTextBlock
Namespace Prefix:	rvsb_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represents the textual narrative disclosure of Schedule of TDRs by Interest Accrual Status, during the indicated time period.

+ References

No definition available.

+ Details

Name:	rvsb_ScheduleOfTdrsByInterestAccrualStatusTableTextBlock
Namespace Prefix:	rvsb_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919253-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953401-111524

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 55
-Paragraph 80
-URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5111-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration