{"schema_version":"secwatch.filing_event.v1","accession":"0000939057-24-000093","form_type":"8-K","ticker":"RVSB","cik":"0001041368","company_name":"RIVERVIEW BANCORP INC","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.995451+00:00","generated_at":"2026-06-03T01:47:34.500015+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Riverview Bancorp reports Q4 net loss of $3.0M on securities sale and litigation charge","bullets":["Net loss of $3.0M (-$0.14 diluted EPS) in Q4, vs net income of $1.5M in prior quarter and $3.0M year ago.","Sold $46.2M in lower-yielding securities, pre-tax loss $2.7M; proceeds used to repay $43.5M FHLB advances.","Recorded $2.3M litigation expense for proposed settlement related to former client; settlement subject to court approval.","Net interest margin contracted to 2.32% from 2.49% prior quarter and 3.16% year ago; net interest income $8.6M.","Total risk-based capital ratio 16.32%; tangible book value $6.07; paid $0.06 quarterly dividend."],"urls":{"canonical":"https://secwatch.observer/filing/0000939057-24-000093","json":"https://secwatch.observer/filing/0000939057-24-000093.json","markdown":"https://secwatch.observer/filing/0000939057-24-000093.md","text":"https://secwatch.observer/filing/0000939057-24-000093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1041368/000093905724000093/0000939057-24-000093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1041368/000093905724000093/riv8k42524.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T01:47:34.500015+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7c47b5a13859dcd3ee932ded5546fba48c33b82d","claim":"RIVERVIEW BANCORP INC reported fiscal year ended March 31, 2024 results: net income net income was $3.8 million, or $0.18 per diluted share.","evidence_excerpt":"For fiscal 2024, net income was $3.8 million, or $0.18 per diluted share, compared to $18.1 million, or $0.83 per diluted share in fiscal 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041368/000093905724000093/0000939057-24-000093-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended March 31, 2024"},{"label":"Net income","value":"net income was $3.8 million, or $0.18 per diluted share"},{"label":"Result","value":"reported results"}]},{"claim_id":"b2f93f57cc366f8cd90fd6fda2d34cfe7005b19b","claim":"RIVERVIEW BANCORP INC reported the fourth fiscal quarter ended March 31, 2024 results: net income net loss of $3.0 million, or $0.14 per diluted share.","evidence_excerpt":"Riverview Bancorp Reports Fourth Fiscal Quarter 2024 and Fiscal Year 2024 Financial Results;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041368/000093905724000093/0000939057-24-000093-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth fiscal quarter ended March 31, 2024"},{"label":"Net income","value":"net loss of $3.0 million, or $0.14 per diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}