rvsb: the income statement

MyFinsight

RIVERVIEW BANCORP INC (RVSB)

For the quarter ending 2025-06-30, RVSB made $18,801K in revenue. $1,225K in net income. Net profit margin of 6.52%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2024-09-30	2024-06-30
Non-interest income-Trust Company Asset Management	1,552	-	-
Non-interest income-Bank Servicing	1,572	-	-
Other, net	80	605	58
Income from boli	222	279	211
Revenue from contract with customer, including assessed tax	-	2,957	3,098
Total non-interest income, net	3,426	3,841	3,367
Professional fees	416	304	490
Occupancy and depreciation	1,868	1,921	1,895
Advertising and marketing	237	367	310
Salaries and employee benefits	7,247	6,477	6,388
Data processing	742	695	764
Fdic insurance premium	164	166	178
State and local taxes	225	234	216
Telecommunications	46	52	47
Amortization of cdi	24	25	25
Other	751	460	656
Total non-interest expense	11,720	10,701	10,969
Provision for loan, lease, and other losses	-	100	-
Interest on deposits	3,774	3,855	3,447
Interest on borrowings	1,760	2,145	2,131
Total interest expense	5,534	6,000	5,578
Other interest and dividends	291	320	310
Interest on investment securities - nontaxable	65	65	65
Interest on investment securities - taxable	1,667	1,874	1,972
Interest and fees on loans receivable	13,352	12,683	12,052
Total interest and dividend income	15,375	14,942	14,399
Net interest income	9,841	8,942	8,821
Net interest income after provision for credit losses	9,841	8,842	8,821
Income before income taxes	1,547	1,982	1,219
Provision for income taxes	322	425	253
Net income	1,225	1,557	966

Earnings per share, basic	0.06	0.07	0.05
Earnings per share, diluted	0.06	0.07	0.05
Weighted average number of shares outstanding, basic	20,976,000	21,097,580	21,111,043
Weighted average number of shares outstanding, diluted	20,976,200	21,097,580	21,111,043

Unit: Thousand (K) dollars (except for numbers of shares and EPS)