secwatch.observer — SEC 8-K summary
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Issuer:     RIVERVIEW BANCORP INC (RVSB)
CIK:        0001041368
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0000939057-23-000124
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riverview Bancorp Q4 EPS $0.14 vs $0.24 prior quarter; NIM 3.16%, provision $750K
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- Net income $3.0M ($0.14 diluted EPS) vs $5.2M ($0.24) in Q3 and $4.1M ($0.19) a year ago.
- Net interest margin 3.16% vs 3.48% prior quarter; net interest income $11.8M, down from $13.7M.
- Recorded $750K provision for loan losses vs no provision prior quarter; non-performing loans remain low at $265K.
- Deposits fell to $1.27B from $1.37B; uninsured deposit ratio 18.0%; strong liquidity $249M available.
- Loan pipeline doubled to $54.5M from $27.3M; tangible book value per share $6.02.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041368/000093905723000124/0000939057-23-000124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041368/000093905723000124/riv8k42723.htm
  HTML page:      https://secwatch.observer/filing/0000939057-23-000124

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer