| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents (including interest earning deposits in other banks of 16,987 and 14,375) | 32,809 | 34,172 | ||
| Available for sale, at estimated fair value | 118,447 | 118,777 | ||
| Gross unrealized losses-Municipal Securities | 2,492 | - | ||
| Estimated fair value-Municipal Securities | 7,791 | - | ||
| Gross unrealized losses-USGovernment Agencies Debt Securities | 1,948 | - | ||
| Estimated fair value-USGovernment Agencies Debt Securities | 40,381 | - | ||
| Gross unrealized losses-Real Estate Mortgage Investment Conduits | 3,552 | - | ||
| Estimated fair value-Real Estate Mortgage Investment Conduits | 23,276 | - | ||
| Gross unrealized losses-Residential Mortgage Backed Securities | 13,252 | - | ||
| Estimated fair value-Residential Mortgage Backed Securities | 83,070 | - | ||
| Gross unrealized losses-Other Mortgage Backed Securities | 2,203 | - | ||
| Estimated fair value-Other Mortgage Backed Securities | 14,794 | - | ||
| Held to maturity, at amortized cost (estimated fair value of 169,312 and 175,392) | 192,759 | 197,478 | ||
| Total loans | 1,070,191 | - | ||
| Less acl for loans | 15,427 | - | ||
| Loans receivable (net of allowance for credit losses of 15,427 and 15,374) | 1,054,764 | 1,052,654 | ||
| Prepaid expenses and other assets | 12,349 | 12,455 | ||
| Accrued interest receivable | 4,473 | 4,493 | ||
| Federal home loan bank ('fhlb') stock, at cost | 3,257 | 5,516 | ||
| Premises and equipment, net | 21,667 | 21,867 | ||
| Financing lease right-of-use ('rou') asset | 1,087 | 1,106 | ||
| Deferred income taxes, net | 7,826 | 8,286 | ||
| Goodwill | 27,076 | 27,076 | ||
| Core deposit intangible ('cdi'), net | 124 | 147 | ||
| Bank owned life insurance ('boli') | 32,906 | 32,616 | ||
| Total assets | 1,509,544 | 1,516,643 | ||
| Deposits | 1,236,424 | 1,209,893 | ||
| Accrued expenses and other liabilities | 27,229 | 12,498 | ||
| Advance payments by borrowers for taxes and insurance | 858 | 558 | ||
| Fhlb advances | 52,300 | 102,500 | ||
| Junior subordinated debentures | 27,135 | 27,113 | ||
| Finance lease liability | 2,061 | 2,080 | ||
| Serial preferred stock, .01 par value 250,000 shares authorized issued and outstanding none | - | 0 | ||
| Total liabilities | 1,346,007 | 1,354,642 | ||
| Common stock, .01 par value 50,000,000 shares authorized september 30, 2025 - 20,927,503 shares issued and outstanding march 31, 2025 - 20,976,200 shares issued and outstanding | 207 | 208 | ||
| Additional paid-in capital | 52,900 | 53,501 | ||
| Retained earnings | 121,203 | 120,522 | ||
| Accumulated other comprehensive loss | -10,773 | -12,230 | ||
| Total shareholders' equity | 163,537 | 162,001 | ||
| Total liabilities and shareholders' equity | 1,509,544 | 1,516,643 | ||
RIVERVIEW BANCORP INC (RVSB)
RIVERVIEW BANCORP INC (RVSB)