Riverview Bancorp (Riverview Bancorp) Allowance For Loans And Lease Losses : $-15.36 Mil (As of Dec. 2023)

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What is Riverview Bancorp Allowance For Loans And Lease Losses?

Riverview Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-15.36 Mil.

Riverview Bancorp's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-15.34 Mil) to Sep. 2023 ($-15.35 Mil) and declined from Sep. 2023 ($-15.35 Mil) to Dec. 2023 ($-15.36 Mil).

Riverview Bancorp's annual Allowance For Loans And Lease Losses increased from Mar. 2021 ($-19.18 Mil) to Mar. 2022 ($-14.52 Mil) but then declined from Mar. 2022 ($-14.52 Mil) to Mar. 2023 ($-15.31 Mil).

Riverview Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for Riverview Bancorp's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Riverview Bancorp Allowance For Loans And Lease Losses Chart

Riverview Bancorp Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Allowance For Loans And Lease Losses

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-11.46

-12.62

-19.18

-14.52

-15.31

Riverview Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-14.56	-15.31	-15.34	-15.35	-15.36

Riverview Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Riverview Bancorp Allowance For Loans And Lease Losses Related Terms

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Riverview Bancorp (Riverview Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Riverview Bancorp Inc (NAS:RVSB) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

900 Washington Street, Suite 900, Vancouver, WA, USA, 98660

Website

https://www.riverviewbank.com

Riverview Bancorp Inc is an American savings and loan holding company. The company through its subsidiaries engages in the business of attracting deposits and puts it to use in its market area to originate commercial business. It organizes in two operating segments, Banking Operations performed by the bank and trust and Investment Services performed by the Trust company. The company products and services include checking, saving, money market, mortgage, home equity, consumer, online banking, cash management, and others.

Executives

Robert Benke	officer: EVP/CCO	900 WASHINGTON ST, STE 900, VANCOUVER WA 98660
Valerie Moreno	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Michael Sventek	officer: EVP/CLO	900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Stacey Graham	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Bradley Carlson	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Bessie Ross Wills	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Sowers Courtney Evan	officer: President/CEO - Trust Co.	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Larry Hoff	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Tracie L. Jellison	officer: Chief Retail Banking Officer	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Patricia Eby	director	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
John A Karas	officer: Sr. Vice President	900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Martin S. Friedman	10 percent owner, other: See Remarks below	7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
David Nierenberg	director	19605 NE 8TH STREET, CAMAS WA 98607
Kim J Capeloto	officer: Executive Vice President	900 WASHINGTON ST., SUITE 900, VANCOUVER WA 98660
Daniel D Cox	officer: EVP, Chief Credit Officer	900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660