Riverview Bancorp Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2009. For the quarter, the company reported loss before income taxes of $2,044,000 and net loss of $1,286,000 or $0.12 per diluted share on total interest income of $11,513,000 compared to income before income taxes of $2,166,000 and net income of $1,475,000 or $0.14 per diluted share on total interest income of $13,172,000 for the same period a year ago. Net interest income improved for the third quarter of fiscal 2010 to $8,726,000 compared to $8,371,000 in the third quarter a year ago. Although third quarter results were affected by the additions to loan loss provision, the company has seen positive indicators that credit quality is beginning to stabilize. Book value per share as at December 31, 2009 was $8.11 compared to $8.21 as at December 31, 2008. Tangible book value per share as at December 31, 2009 was $5.69 compared to $5.80 as at December 31, 2008. Return on average assets was a negative of 0.59% compared to return on average assets of 0.64% reported a year ago. Return on average equity was a negative of 5.59% compared to return on average equity of 6.47% reported a year ago. For the nine months, the company reported loss before income taxes of $1,358,000 and net loss of $741,000 or $0.07 per diluted share on total interest income of $35,204,000 compared to loss before income taxes of $3,281,000 and net loss of $1,930,000 or $0.18 per diluted share on total interest income of $40,467,000 for the same period a year ago. Net interest income increased to $26,319,000 compared to $25,380,000 in the same period in fiscal 2009. Net interest income improved as a result of the continued progress made in the past year at expanding the net interest margin. Return on average assets was a negative of 0.11% compared to negative return on average assets of 0.29% reported a year ago. Return on average equity was a negative of 1.08% compared to negative return on average equity of 2.75% reported a year ago.

Riverview Bancorp Inc. expected to Report Fiscal Year 2010 Results on May 3, 2010. This event was calculated by Capital IQ (Created on January 21, 2010).

Riverview Bancorp Inc. reported unaudited consolidated earnings results for the second quarter and six months ended September 30, 2009. For the quarter, the company reported that it earned $202,000, or $0.02 per diluted share, for its second fiscal quarter ended September 30, 2009. This compares to net income of $343,000, or $0.03 per diluted share, in the preceding quarter and a net loss of $4.2 million, or $0.39 per diluted share, in the second fiscal quarter a year ago. The company said that second quarter 2010 earnings reflect continued improvement in core business fundamentals, including an improvement in net interest margin and branch deposit growth. Net interest income for the second quarter of fiscal 2010 increased 3.1% to $8.9 million compared to $8.6 million in the second quarter a year ago. For the second quarter of fiscal 2010 the net interest margin improved to 4.35% compared to 4.25% in the previous linked quarter and 4.18% in the second quarter a year ago. The company reported total interest income of $11,797,000 and income before income taxes of $241,000 compared to the total interest income of $13,729,000 and loss before income taxes of $6,579,000 for the same period a year ago. The company announced return on average assets of 0.09% and return on average equity of 0.88% compared to the negative return on average assets of 1.86% and negative return on average equity of 17.66% for the same period a year ago. The company announced book value per share as on September 30, 2009 of $8.20 per share compared to the book value per share of $8.06 per share for the same period a year ago. For the first six months of fiscal 2010, Riverview earned $545,000, or $0.05 per diluted share, compared to a net loss of $3.4 million, or $0.32 per diluted share, in the first six months of fiscal 2009. For the first six months of fiscal 2010, net interest income increased 3.4% to $17.6 million compared to $17.0 million in the same period in fiscal 2009. The company reported total interest income of $23,691,000 and income before income taxes of $686,000 compared to the total interest income of $27,295,000 and loss before income taxes of $5,447,000 for the same period a year ago. The company announced return on average assets of 0.12% and return on average equity of 1.20% compared to the negative return on average assets of 0.77% and negative return on average equity of 7.17% for the same period a year ago. The company announced that net impairment losses recognized in earnings of $201,000.

Riverview Bancorp Reports Third Quarter Results; Net Interest Margin Expansion and Stabilizing Credit Metrics

RIVERVIEW BANCORP INC Files SEC form 10-Q, Quarterly Report

Riverview Bancorp Files Registration Statement With SEC For Underwritten Common Stock Offering

Riverview Bancorp Comments It Is Not Related to Riverview Community Bank of Otsego, Minnesota

Riverview Bancorp Reports Third Quarter Results; Net Interest Margin Expansion and Stabilizing Credit Metrics

RIVERVIEW BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh

Riverview Bancorp Reports Third Quarter Results; Net Interest Margin Expansion and Stabilizing Credit Metrics

Riverview Bancorp Reports Second Quarter Profits; Net Interest Margin and Capital Ratios Improve

RIVERVIEW BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers, Amendments to Articles of Inc. o

Gerald C. Nies Named to Riverview Board of Directors

Riverview Bancorp reports Q2 profit; shares jump

RIVERVIEW BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh

Riverview Bancorp Files Registration Statement With SEC For Underwritten Common Stock Offering

RIVERVIEW BANCORP INC Files SEC form 10-Q, Quarterly Report

Riverview Bancorp Comments It Is Not Related to Riverview Community Bank of Otsego, Minnesota