secwatch.observer — SEC 8-K summary
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Issuer:     RIVERVIEW BANCORP INC (RVSB)
CIK:        0001041368
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0000939057-22-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riverview Bancorp Q3 fiscal 2022 net income $5.5M, $0.25 EPS; loan growth 20.9% annualized
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- Net income $5.5M ($0.25 diluted EPS) vs $6.4M prior quarter and $4.0M year ago.
- Net interest income $12.1M, net interest margin 2.96%, down 16 bps sequentially.
- Loans increased $47.7M (20.9% annualized) driven by $30.2M organic growth and $35.1M purchased loans.
- Recapture of loan losses $1.3M; allowance for loan losses 1.58% of total loans.
- Non-performing assets 0.11% of total assets; classified assets down to $6.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041368/000093905722000031/0000939057-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041368/000093905722000031/riv8k12722.htm
  HTML page:      https://secwatch.observer/filing/0000939057-22-000031

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