Form 8-K
8-K — RIVERVIEW BANCORP INC
Accession: 0000939057-26-000147
Filed: 2026-07-29
Period: 2026-07-28
CIK: 0001041368
SIC: 6035 (SAVINGS INSTITUTION, FEDERALLY CHARTERED)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — riv8k72826.htm (Primary)
EX-99.1 (riv8k72826exh991.htm)
GRAPHIC (image0.jpg)
GRAPHIC (image1.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: riv8k72826.htm · Sequence: 1
false000104136800010413682026-07-282026-07-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 28, 2026
RIVERVIEW BANCORP, INC.
(Exact name of registrant as specified in its charter)
Washington
000-22957
91-1838969
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
900 Washington Street, Suite 900, Vancouver, Washington
98660
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: (360) 693-6650
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions.
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, Par Value $0.01 per share
RVSB
The NASDAQ Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 Results of Operations and Financial Condition.
On July 28, 2026, Riverview Bancorp, Inc. issued its earnings release for the quarter ended June 30, 2026. A copy
of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 News Release of Riverview
Bancorp, Inc. dated July 28, 2026
104 Cover
Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
RIVERVIEW BANCORP, INC.
Date: July 29, 2026
/S/ David Lam
David Lam
Chief Financial Officer
(Principal Financial Officer)
EX-99.1
EX-99.1
Filename: riv8k72826exh991.htm · Sequence: 2
Exhibit 99.1
Contact:
Nicole Sherman
David Lam
Riverview Bancorp, Inc. 360-693-6650
Riverview Bancorp Reports Net Income of $1.7 Million in First Quarter 2027
FISCAL Q1 2027 HIGHLIGHTS
$1.7 Million
Net Income
$0.08
Diluted Earnings per
Common Share
$5.86
Tangible Book Value per
Share (non-GAAP)
0.59%
NPAs to Total Assets
Fiscal First Quarter Comparison Highlights
Net Interest Income
and Net Interest
Margin
• $11.4 million net interest
income for the quarter compared to $9.8 million in Fiscal Q1 2026
• Net interest margin at
3.34% for the quarter compared to 2.78% in Fiscal Q1 2026
Credit Quality
• Non-performing assets at
0.59% of total assets and 0.80% of total loans in Fiscal Q1 2027
• No provision booked for the
quarter and recoveries of $88,000
Non-Interest Income
and Non-Interest
Expense
• Non-interest income of $3.6 million for the
quarter, compared to $3.4 million in Fiscal Q1 2026
• Non-interest expense of
$12.9 million for the quarter compared to $11.7 million in Fiscal Q1 2026
Shareholder Returns
and Stock Activity
• On July 21, 2026, the
Company paid a cash dividend of $0.02 per share
• Tangible book value per
share (non-GAAP) was $5.86
Vancouver, Washington – July 28, 2026 - Riverview Bancorp, Inc. (Nasdaq GSM: RVSB)
(“Riverview” or the “Company”) today reported net income of $1.7 million, or $0.08 per diluted share, in the first fiscal quarter ended June 30, 2026. This compared to net loss of $8.0 million, or $0.39 per diluted share, in the fourth fiscal
quarter ended March 31, 2026, and net income of $1.2 million, or $0.06 per diluted share, in the first fiscal quarter ended June 30, 2025. On March 25, 2026, Riverview implemented a strategic balance sheet optimization that included the
reclassification of its entire portfolio of held-to-maturity (“HTM”) securities to available-for-sale (“AFS”) securities and sale of $149.3 million in lower-yielding book value investment securities.
“Riverview’s first fiscal quarter of 2027 reflects the meaningful progress we are making
through the disciplined delivery of our strategic plan,” stated Nicole Sherman, President and Chief Executive Officer. “During the quarter, the Company generated its highest net income in the past 11 quarters, supported by our strategic balance
sheet optimization, prudent
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 2
growth, thoughtful investment in technology and talent, and strong risk oversight. This
performance is a direct result of the experience, commitment, and focus of our teams across the Company, who deliver high-value solutions to our clients and build relationships grounded in trust, responsiveness, and local expertise. As a community
bank, we know our clients value the difference that comes from banking local—local decision-making, personal service, and a partner who understands their business, their goals, and the communities we serve. We remain energized by the opportunities
ahead and confident that our combination of disciplined financial management, strategic performance, experienced relationship banking, and deeply rooted community commitment positions Riverview to create sustainable value for our employees,
clients, communities, and shareholders.”
Franchise Footprint
Riverview is the only bank headquartered in Vancouver, Washington, giving it a distinctive
position in one of the Pacific Northwest’s most dynamic markets. Vancouver and Clark County have become growth centers supported by continued population gains, strong household formation, and major investments in downtown and waterfront
redevelopment. Projects such as the Columbia River waterfront, Terminal 1, Waterfront Gateway, and broader downtown revitalization are strengthening Vancouver’s appeal as a place to live, work, visit, and build businesses. The local economy is
broad and resilient, with strength across health care and social assistance, construction, manufacturing, logistics, professional services, and technology-related industries, anchored by major employers and regional assets such as PeaceHealth, HP,
the Port of Vancouver, WaferTech/TSMC, and Sharp. These fundamentals create meaningful opportunities for Riverview to deepen community lending relationships, support small and mid-sized business growth, and continue building local deposits in its
home market. Northwest Oregon remains an important complementary market, extending Riverview’s reach into a well-established economic corridor supported by technology, advanced manufacturing, apparel, outdoor products, and consumer goods companies
such as Intel, Nike, and Columbia Sportswear. Oregon’s higher-income communities, strong housing values, transportation access, and innovation-oriented business base provide a stable platform for continued relationship growth. Together, Vancouver’s
home-market momentum and Oregon’s established economic depth give Riverview a balanced and compelling foundation for growth across Southwest Washington and Northwest Oregon.
Income Statement Review
Riverview’s net interest income increased to $11.4 million in the current quarter compared to
$10.2 million in the preceding quarter, and $9.8 million in the first fiscal quarter a year ago. The increase compared to both the prior quarter and the year ago quarter was driven by higher interest earning asset yields due to higher origination
rates on new loan growth as well as loan repricing. Included in the current quarter’s net interest income was $171,000 of loan prepayment income. There were no loan prepayment fees in the preceding quarter and $38,000 in the first fiscal quarter a
year ago. Additionally, included in the current quarter’s net interest income is $114,000 in Visa stock sale income. There was no Visa stock sale income in the preceding quarter and $248,000 in the first fiscal quarter a year ago. Other interest
income increased compared to the prior quarter due to higher interest-earning cash resulting from the balance sheet optimization.
Riverview’s net interest margin (“NIM”) was 3.34% for the first quarter of fiscal 2027, a 42
basis point increase compared to 2.92% in the preceding quarter and a 56 basis-point increase compared to 2.78% in the first quarter of fiscal 2026. “This quarter's substantial improvement in net interest margin reflects the compounding impact of
our strategic balance sheet optimization and tighter expense controls coming together to set us on the path toward future growth,” said David Lam, EVP and Chief Financial Officer.
Investment securities increased $21.1 million during the quarter to $175.9 million at June 30,
2026, compared to $154.8 million at March 31, 2026, and decreased $140.4 million compared to $316.3 million at June 30, 2025. The year over year decrease was primarily due to the strategic balance sheet optimization. The average securities balances
for the quarters ended June 30, 2026, March 31, 2026, and June 30, 2025, were $190.5 million, $301.7 million, and $337.2 million, respectively. The weighted average yields on securities balances for the current quarter was 2.75%, compared to a
weighted average yield after the balance sheet optimization of 2.34% and the weighted average yields on securities balances before the balance sheet optimization of 1.82% at March 31, 2026, and 2.09% for the quarter ended June 30, 2025.
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 3
There were $24.8 million of bonds purchased as part of the balance sheet optimization near the
end of the first fiscal quarter with a weighted average yield of 5.05%, compared to $24.7 million with a weighted yield average of 4.95% at the end of the fourth fiscal quarter of 2026. The balance sheet optimization has contributed approximately
26 basis points to the NIM and $0.04 to diluted earnings per common share. The duration of the investment portfolio at June 30, 2026, after the bond purchase, was approximately 5.8 years.
Riverview’s yield on loans was 5.24% during the first fiscal quarter, compared to 5.12% in the
preceding quarter, and 5.02% in the first fiscal quarter a year ago. “Loan yields increased by 12 basis points compared to the prior quarter and expanded by 22
basis points compared to the same period a year ago, which reflects the progress we have made over time in repricing existing loans, pricing of new loans, and overall portfolio mix, all contributing to our margin expansion,” said Mike Sventek, EVP
and Chief Lending Officer. “Our commercial lending strategy remains focused on continuing our expertise in construction and non-owner occupied lending as well as building out C&I relationship clients, which we believe strengthens the
portfolio’s positioning for yield gains as the rate environment evolves.”
Deposit costs increased slightly to 1.40% during the first fiscal quarter compared to 1.37% in
the preceding quarter. and increased 13 basis points compared to 1.27% in the first fiscal quarter a year ago. This is reflective of both new clients demanding higher rates, and existing clients shifting to fully insured, higher-yielding deposit
products.
Non-interest income was $3.6 million during the first fiscal quarter of 2027 compared to
non-interest income (loss) of ($8.0 million) in the preceding quarter and a slight increase from $3.4 million in the first fiscal quarter of 2026. Excluding the balance sheet optimization (non-GAAP), non-interest income for the first fiscal quarter
of 2027 was $3.6 million, compared to $3.3 million in the fourth fiscal quarter of 2026 and $3.4 million in the first fiscal quarter of 2026.
Asset management fees remained constant at $1.6 million during the first fiscal quarter, the
preceding quarter, and the first fiscal quarter a year ago. Riverview Trust Company’s assets under management were $952.2 million at June 30, 2026, compared to $908.1 million at March 31, 2026, and $900.1 million at June 30, 2025.
Non-interest expense increased to $12.9 million during the first fiscal quarter compared to
$11.5 million in the preceding quarter and $11.7 million in the first fiscal quarter a year ago. “Non-interest expenses increased during the quarter, primarily reflecting continued investments in technology and our people – the systems and talent
that support our long-term growth strategy. While these investments weighed expenses in the near term, we believe they strengthen the foundation of the franchise and position us to drive stronger performance, efficiency and stability going
forward. We remain disciplined in how we allocate resources, prioritizing the areas that will generate the greatest long-term return for our shareholders,” said Dan Cox, EVP and Chief Operating Officer.
Balance Sheet Review
Total loans remained steady at $1.08 billion at June 30, 2026, compared to three months
earlier, and increased $25.3 million compared to a year earlier. Riverview’s loan pipeline was $93.9 million at June 30, 2026, compared to $56.4 million at the end of the preceding quarter and $72.0 million at June 30, 2025. New loan originations
during the quarter totaled $33.7 million, compared to $46.3 million in the preceding quarter and $28.3 million in the first fiscal quarter a year ago. Execution of the business model continues to yield results, with total loans increasing and the
loan pipeline remaining strong.
Undisbursed construction loans totaled $19.6 million at June 30, 2026, compared to $23.7
million at March 31, 2026, with most of the undisbursed construction loans expected to be funded over the next several quarters. Undisbursed homeowner association loans for the purpose of common area maintenance and repairs totaled $26.9 million at
June 30, 2026, compared to $29.9 million at March 31, 2026. Revolving commercial business loan commitments totaled $58.4 million at June 30, 2026, compared to $55.1 million at March 31, 2026. Utilization on these loans totaled 31.8% at June 30,
2026, compared to 30.1% at March 31, 2026.
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 4
The weighted average rate on loan originations during the quarter increased to 6.96% compared
to 6.31% in the preceding quarter.
Looking ahead, loan repricing and maturities for fiscal year 2027 total $87.9 million with a
weighted average rate of 4.68%, fiscal year 2028 total $91.6 million with a weighted average rate of 5.42%, fiscal year 2029 total $109.0 million with a weighted average rate of 6.05%, and in aggregate for fiscal years after 2029 total $121.0
million with a weighted average rate of 5.69%.
The office building loan portfolio totaled $114.9 million at June 30, 2026, compared to $115.5
million at March 31, 2026. The average loan balance of the office building loan portfolio was $1.6 million with an average loan-to-value ratio of 53.47% and an average debt service coverage ratio of 1.66x at June 30, 2026. Office building loans
within the Portland core only consist of two loans totaling $19.9 million, which is approximately 17.4% of the total office building loan portfolio, or 1.8% of total loans.
Total deposits increased $7.4 million during the quarter to $1.26 billion at June 30, 2026,
compared to $1.25 billion at March 31, 2026, and increased $51.7 million compared to $1.21 billion a year ago. During the quarter, the deposit mix continued to shift with an increase in interest checking accounts, and slight decreases in regular
savings accounts, non-interest checking accounts, money market deposit accounts, and CDs. Riverview also continued to see strong traction with its fully insured sweep product, which has become an increasingly important tool for attracting and
retaining customer deposits. Non-interest checking and interest checking accounts, as a percentage of total deposits, totaled 50.8% at June 30, 2026, compared to 48.6% at March 31, 2026, and 48.3% at June 30, 2025.
FHLB advances remained unchanged at $16.1 million during the quarter compared to March 31,
2026, and decreased by $86.4 million compared to $102.5 million at June 30, 2025.
Shareholders’ equity was $145.3 million at June 30, 2026, compared to $145.6 million three
months earlier and $162.0 million one year earlier. Tangible book value per share (non-GAAP) was $5.86 at June 30, 2026, compared to $5.76 at March 31, 2026, and $6.43 at June 30, 2025. Riverview paid a quarterly cash dividend of $0.02 per share on
July 21, 2026, to shareholders of record as of July 9, 2026.
Credit Quality
“Preserving the strength and quality of our loan portfolio continues to be a priority,
especially given the ongoing uncertainty around interest rates,” said Robert Benke, EVP and Chief Credit Officer. “We experienced an increase in nonperforming loans during the quarter, driven by a commercial real estate loan in which we are
actively monitoring to resolve. Overall credit quality metrics remain sound, and our relationship managers’ deep client relationships continue to give us early risk visibility to respond quickly to our clients’ needs.”
Non-performing loans totaled $8.7 million or 0.80% of total loans as of June 30, 2026,
compared to $7.8 million, or 0.71% at March 31, 2026, and $143,000, or 0.01% of total loans at June 30, 2025. At June 30, 2026, non-performing assets were $8.7 million, or 0.59% of total assets.
Riverview recorded $88,000 in loan recoveries for the current quarter. This compared to $1.1
million in net loan charge-offs for the preceding quarter. Riverview did not record any provision for credit losses for the current quarter, compared to a $1.2 million provision for the preceding quarter.
Classified assets were $29.9 million at June 30, 2026, compared to $12.7 million at March 31,
2026, and $10.8 million at June 30, 2025. The classified assets to total capital ratio was 17.1% at June 30, 2026, compared to 7.3% at March 31, 2026, and 5.9% a year earlier. The increase in classified assets compared to the prior quarter was
primarily due to three relationship downgrades which are being managed and monitored to bring these loans current or seek full repayment. These classified loans are borrower specific and not a systemic credit segment issue.
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 5
The allowance for credit losses was $15.3 million at June 30, 2026, compared to $15.2 million
at March 31, 2026, and $15.4 million at June 30, 2025. The allowance for credit losses remained unchanged at 1.40% of total loans for the current quarter and the prior quarter, and was 1.44% a year earlier. The allowance for credit losses to loans,
net of government guaranteed loans (non-GAAP), was 1.46% at June 30, 2026, compared to 1.45% at March 31, 2026, and 1.51% a year earlier.
Capital/Liquidity
Riverview continues to maintain strong capital levels in excess of the regulatory requirements
to be categorized as “well capitalized” with a total risk-based capital ratio of 15.64% and a Tier 1 leverage ratio of 14.39% at June 30, 2026. Tangible common equity to average tangible assets ratio (non-GAAP) was 8.18% at June 30, 2026.
Riverview has approximately $488.1 million in available liquidity at June 30, 2026, including
$268.8 million of borrowing capacity from the FHLB and $219.3 million from the Federal Reserve Bank of San Francisco (“FRB”). At June 30, 2026, the Bank had $16.1 million in outstanding FHLB borrowings.
The uninsured deposit ratio was 27.9% at June 30, 2026. Available liquidity under both the
FHLB and FRB borrowing lines would cover 138.8% of the estimated uninsured deposits.
On January 28, 2026, the Company’s Board of Directors adopted a stock repurchase program.
Under this repurchase program, the Company may repurchase up to $4.0 million of the Company’s outstanding shares of common stock, in the open market, based on prevailing market prices, or in privately negotiated transactions. As of June 30, 2026,
Riverview had purchased 438,865 shares at an average price of $5.51 per share for a total of $2.4 million with a remaining amount to be repurchased totaling approximately $1.6 million.
Riverview is taking a strategic approach to the use of excess capital in the reinvestment of
the proceeds from the investment securities sale. Riverview expects to continue to reinvest the proceeds through a combination of loan originations, purchases of higher-yielding bonds, repayment of Federal Home Loan Bank borrowings, or cash
reserve. Deploying these funds into higher-yielding earning assets or paying down borrowings will inherently increase the net interest income of the Bank on a go-forward basis. Given Riverview’s strong capital levels, no additional capital was
needed to support the balance sheet optimization.
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 6
Non-GAAP Financial Measures
In addition to results presented in accordance with generally accepted accounting principles
(“GAAP”), this press release contains certain non-GAAP financial measures. Management has presented these non-GAAP financial measures in this earnings release because it believes that they provide useful and comparative information to assess trends
in Riverview's core operations reflected in the current quarter's results and facilitate the comparison of our performance with the performance of our peers. However, these non-GAAP financial measures are supplemental and are not a substitute for
any analysis based on GAAP. Where applicable, comparable earnings information using GAAP financial measures is also presented. Because not all companies use the same calculations, our presentation may not be comparable to other similarly titled
measures as calculated by other companies. For a reconciliation of these non-GAAP financial measures, see the tables below.
Tangible shareholders' equity to tangible assets and tangible book value per share:
(Dollars in thousands)
June 30,
2026
March 31, 2026
June 30,
2025
Shareholders' equity (GAAP)
$
145,255
$
145,636
$
162,001
Exclude: Goodwill
(27,076
)
(27,076
)
(27,076
)
Exclude: Core deposit intangible, net
(55
)
(77
)
(147
)
Tangible shareholders' equity (non-GAAP)
$
118,124
$
118,483
$
134,778
Total assets (GAAP)
$
1,470,945
$
1,463,809
$
1,516,643
Exclude: Goodwill
(27,076
)
(27,076
)
(27,076
)
Exclude: Core deposit intangible, net
(55
)
(77
)
(147
)
Tangible assets (non-GAAP)
$
1,443,814
$
1,436,656
$
1,489,420
Shareholders' equity to total assets (GAAP)
9.87
%
9.95
%
10.68
%
Tangible common equity to tangible assets (non-GAAP)
8.18
%
8.25
%
9.05
%
Shares outstanding
20,160,613
20,564,719
20,976,200
Book value per share (GAAP)
7.20
7.08
7.72
Tangible book value per share (non-GAAP)
5.86
5.76
6.43
Pre-tax, pre-provision income excluding balance sheet optimization
Three Months Ended
(Dollars in thousands)
June 30,
2026
March 31, 2026
June 30,
2025
Net income (loss) (GAAP)
$
1,694
$
(8,042
)
$
1,225
Include: Provision (credit) for income taxes
435
(2,474
)
322
Include: Provision for credit losses
-
1,155
-
Exclude: Balance sheet optimization
-
11,350
-
Pre-tax, pre-provision income (loss) (non-GAAP)
$
2,129
$
1,989
$
1,547
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 7
Net income (loss) and earnings (loss) per share including balance sheet optimization
Three Months Ended
(Dollars in thousands)
June 30,
2026
March 31, 2026
June 30,
2025
Net income (loss) (GAAP)
$
1,694
$
(8,042
)
$
1,225
Exclude impact of securities loss restructure, net of tax
-
8,698
-
Net income excluding securities restructure (non-GAAP)
$
1,694
$
656
$
1,225
Basic earnings (loss) per share (GAAP)
$
0.08
$
(0.39
)
$
0.06
Exclude impact of securities loss restructure, net of tax
-
0.42
-
Basic earnings per share excluding securities restructure (non-GAAP)
$
0.08
$
0.03
$
0.06
Diluted earnings (loss) per share (GAAP)
$
0.08
$
(0.39
)
$
0.06
Exclude impact of securities loss restructure, net of tax
-
0.42
-
Diluted earnings per share excluding securities restructure (non-GAAP)
$
0.08
$
0.03
$
0.06
Non-interest income, excluding balance sheet optimization
Three Months Ended
(Dollars in thousands)
June 30,
2026
March 31, 2026
June 30,
2025
Non-interest income (GAAP)
$
3,618
$
(8,034
)
$
3,426
Exclude impact of securities loss restructure, net of tax
-
11,350
-
Non-interest income (non-GAAP)
$
3,618
$
3,316
$
3,426
Return on average assets, return on average equity, return on average tangible equity excluding
securities restructure
Three Months Ended
June 30,
2026
March 31, 2026
June 30,
2025
Net income excluding securities restructure (non-GAAP)
$
1,694
$
656
$
1,225
Average assets
$
1,453,226
$
1,504,206
$
1,509,074
Return on average assets (non-GAAP)
0.47
%
0.18
%
0.33
%
Average equity
$
146,400
$
164,918
$
161,587
Return on average equity (non-GAAP)
4.64
%
1.61
%
3.04
%
Average tangible equity (non-GAAP)
$
119,242
$
137,750
$
134,351
Return on average tangible equity (non-GAAP)
5.70
%
1.93
%
3.66
%
Allowance for credit losses reconciliation, excluding Government Guaranteed loans
(Dollars in thousands)
June 30,
2026
March 31, 2026
June 30,
2025
Allowance for credit losses
$
15,336
$
15,248
$
15,426
Loans receivable (GAAP)
$
1,093,299
$
1,092,484
$
1,068,080
Exclude: Government Guaranteed loans
(41,563
)
(42,670
)
(46,965
)
Loans receivable excluding Government Guaranteed loans (non-GAAP)
$
1,051,736
$
1,049,814
$
1,021,115
Allowance for credit losses to loans receivable (GAAP)
1.40
%
1.40
%
1.44
%
Allowance for credit losses to loans receivable excluding Government
Guaranteed loans (non-GAAP)
1.46
%
1.45
%
1.51
%
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 8
About Riverview
Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington –
just north of Portland, Oregon, on the I-5 corridor. With assets of $1.47 billion at June 30, 2026, it is the parent company of Riverview Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on
providing the highest quality service and financial products to commercial, business and retail clients through 17 branches, including 13 in the Metro Portland-Vancouver area, and 3 lending centers. For the past 12 years, Riverview has been named
Best Bank by the readers of The Vancouver Business Journal and The Columbian.
“Safe Harbor” statement under the Private Securities Litigation Reform Act
of 1995: This press release contains forward-looking statements which include statements with respect to our beliefs, plans, objectives, goals, expectations, assumptions, future economic performance and projections of financial items. These
forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated or implied by our forward-looking statements, including, but not
limited to: potential adverse impacts to economic conditions in our local market areas, other markets where the Company has lending relationships, or other aspects of the Company's business operations or financial markets, including, without
limitation, as a result of employment levels, labor shortages and the effects of inflation, a potential recession, the failure of the U.S. Congress to increase the debt ceiling, or slowed economic growth caused by increasing political instability
from acts of war including Russia’s invasion of Ukraine, as well as supply chain disruptions, recent bank failures and any governmental or societal responses thereto; the credit risks of lending activities, including changes in the level and trend
of loan delinquencies and write-offs and changes in the Company’s allowance for credit losses and provision for credit losses that may be impacted by deterioration in the housing and commercial real estate markets; changes in the levels of general
interest rates, and the relative differences between short and long-term interest rates, deposit interest rates, the Company’s net interest margin and funding sources; the transition away from London Interbank Offered Rate toward new interest rate
benchmarks; fluctuations in the demand for loans, the number of unsold homes, land and other properties and fluctuations in real estate values in the Company’s market areas; secondary market conditions for loans and the Company’s ability to
originate loans for sale and sell loans in the secondary market; results of examinations of the Bank by the Federal Deposit Insurance Corporation and the Washington State Department of Financial Institutions, Division of Banks, and of the Company
by the Board of Governors of the Federal Reserve System, or other regulatory authorities, including the possibility that any such regulatory authority may, among other things, require the Company to increase its allowance for credit losses,
write-down assets, reclassify its assets, change the Bank’s regulatory capital position or affect the Company’s ability to borrow funds or maintain or increase deposits, which could adversely affect its liquidity and earnings; legislative or
regulatory changes that adversely affect the Company’s business including changes in banking, securities and tax law, and in regulatory policies and principles, or the interpretation of regulatory capital or other rules; the Company’s ability to
attract and retain deposits; the unexpected outflow of uninsured deposits that may require us to sell investment securities at a loss; the Company’s ability to control operating costs and expenses; the use of estimates in determining fair value of
certain of the Company’s assets, which estimates may prove to be incorrect and result in significant declines in valuation; difficulties in reducing risks associated with the loans on the Company’s consolidated balance sheet; staffing fluctuations
in response to product demand or the implementation of corporate strategies that affect the Company’s workforce and potential associated charges; disruptions, security breaches or other adverse events, failures or interruptions in or attacks on our
information technology systems or on the third-party vendors who perform several of our critical processing functions; the Company’s ability to retain key members of its senior management team; costs and effects of litigation, including settlements
and judgments; the Company’s ability to implement its business strategies; the Company's ability to successfully integrate any assets, liabilities, customers, systems, and management personnel it may acquire into its operations and the Company's
ability to realize related revenue synergies and cost savings within expected time frames; future goodwill impairment due to changes in Riverview’s business, changes in market conditions, or other factors; increased competitive pressures among
financial services companies; changes in consumer spending, borrowing and savings habits; the availability of resources to address changes in laws, rules, or regulations or to respond to regulatory actions; the Company’s ability to pay dividends on
its common stock; the quality and composition of our securities portfolio and the impact of and adverse changes in the securities markets, including market liquidity; inability of key third-party providers to perform their obligations to us;
changes in accounting policies and practices, as may be adopted by the financial institution regulatory agencies or the Financial Accounting Standards Board, including additional guidance and interpretation on accounting issues and details of the
implementation of new accounting standards; the effects of climate change, severe weather events, natural disasters, pandemics, epidemics and other public health crises, acts of war or terrorism, and other external events on our business; and other
economic, competitive, governmental, regulatory, and technological factors affecting the Company’s operations, pricing, products and services, and the other risks described from time to time in our reports filed with and furnished to the U.S.
Securities and Exchange Commission.
The Company cautions readers not to place undue reliance on any
forward-looking statements. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company. The Company does not undertake and specifically disclaims any
obligation to revise any forward-looking statements included in this report or the reasons why actual results could differ from those contained in such statements, whether as a result of new information or to reflect the occurrence of anticipated
or unanticipated events or circumstances after the date of such statements. These risks could cause our actual results for fiscal 2027 and beyond to differ materially from those expressed in any forward-looking statements by, or on behalf of, us
and could negatively affect the Company’s consolidated financial condition and consolidated results of operations as well as its stock price performance.
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 9
RIVERVIEW BANCORP, INC. AND SUBSIDIARY
Consolidated Balance Sheets
(In thousands, except share data) (Unaudited)
June 30,
2026
March 31, 2026
June 30,
2025
ASSETS
Cash and cash equivalents (including interest-earning accounts of $85,772,
$
102,214
$
116,866
$
34,172
$104,131 and $15,192)
Investment securities:
Available for sale, at estimated fair value
175,890
154,768
118,777
Held to maturity, at amortized cost
-
-
197,478
Loans receivable (net of allowance for credit losses of $15,336,
$15,248 and $15,426)
1,077,963
1,077,236
1,052,654
Prepaid expenses and other assets
12,824
13,153
12,455
Accrued interest receivable
4,513
4,133
4,493
Federal Home Loan Bank ("FHLB") stock, at cost
1,631
1,631
5,516
Premises and equipment, net
20,586
20,918
21,867
Financing lease right-of-use asset
1,029
1,048
1,106
Deferred income taxes, net
12,138
12,124
8,286
Goodwill
27,076
27,076
27,076
Core deposit intangible ("CDI"), net
55
77
147
Bank owned life insurance ("BOLI")
35,026
34,779
32,616
TOTAL ASSETS
$
1,470,945
$
1,463,809
$
1,516,643
LIABILITIES AND SHAREHOLDERS' EQUITY
LIABILITIES:
Deposits
$
1,261,602
$
1,254,185
$
1,209,893
Accrued expenses and other liabilities
18,221
18,082
12,498
Advance payments by borrowers for taxes and insurance
567
607
558
FHLB advances
16,100
16,100
102,500
Junior subordinated debentures
27,201
27,179
27,113
Finance lease liability
1,999
2,020
2,080
Total liabilities
1,325,690
1,318,173
1,354,642
SHAREHOLDERS' EQUITY:
Serial preferred stock, $.01 par value; 250,000 authorized,
issued and outstanding, none
-
-
-
Common stock, $.01 par value; 50,000,000 authorized,
June 30, 2026 – 20,160,613 issued and outstanding;
March 31, 2026 – 20,564,719 issued and outstanding;
200
203
208
June 30, 2025 – 20,976,200 issued and outstanding;
Additional paid-in capital
49,483
51,112
53,501
Retained earnings
115,006
113,713
120,522
Accumulated other comprehensive loss
(19,434
)
(19,392
)
(12,230
)
Total shareholders’ equity
145,255
145,636
162,001
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
$
1,470,945
$
1,463,809
$
1,516,643
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 10
RIVERVIEW BANCORP, INC. AND SUBSIDIARY
Consolidated Statements of Income
Three Months Ended
(In thousands, except share data) (Unaudited)
June 30,
2026
March 31, 2026
June 30,
2025
INTEREST INCOME:
Interest and fees on loans receivable
$
14,241
$
13,673
$
13,352
Interest on investment securities - taxable
1,253
1,288
1,667
Interest on investment securities - nontaxable
42
64
65
Other interest and dividends
832
268
291
Total interest and dividend income
16,368
15,293
15,375
INTEREST EXPENSE:
Interest on deposits
4,361
4,247
3,774
Interest on borrowings
611
865
1,760
Total interest expense
4,972
5,112
5,534
Net interest income
11,396
10,181
9,841
Provision for credit losses
-
1,155
-
Net interest income after provision for credit losses
11,396
9,026
9,841
NON-INTEREST INCOME:
Fees and service charges
1,641
1,465
1,572
Asset management fees
1,634
1,571
1,552
Income from BOLI
247
243
222
Loss on sale of investment securities
-
(11,350
)
-
Other, net
96
37
80
Total non-interest income (loss), net
3,618
(8,034
)
3,426
NON-INTEREST EXPENSE:
Salaries and employee benefits
8,028
6,874
7,247
Occupancy and depreciation
1,840
1,927
1,868
Data processing
912
852
742
Amortization of CDI
22
23
24
Advertising and marketing
330
235
237
FDIC insurance premium
187
170
164
State and local taxes
343
324
225
Telecommunications
55
53
46
Professional fees
480
400
416
Other
688
650
751
Total non-interest expense
12,885
11,508
11,720
INCOME (LOSS) BEFORE INCOME TAXES
2,129
(10,516
)
1,547
PROVISION FOR (BENEFIT OF) INCOME TAXES
435
(2,474
)
322
NET INCOME (LOSS)
$
1,694
$
(8,042
)
$
1,225
Earnings (loss) per common share:
Basic
$
0.08
$
(0.39
)
$
0.06
Diluted
$
0.08
$
(0.39
)
$
0.06
Weighted average number of common shares outstanding:
Basic
20,373,277
20,670,199
20,976,200
Diluted
20,373,277
20,670,199
20,976,200
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 11
(Dollars in thousands)
At or for the three months ended
June 30,
2026
March 31, 2026
June 30,
2025
AVERAGE BALANCES
Average interest–earning assets
$
1,369,719
$
1,412,633
$
1,424,130
Average interest-bearing liabilities
999,332
1,030,844
1,021,606
Net average earning assets
370,387
381,789
402,524
Average loans
1,090,371
1,083,614
1,066,712
Average deposits
1,249,477
1,254,645
1,195,612
Average equity
146,400
164,918
161,587
Average tangible equity (non-GAAP)
119,242
137,750
134,351
ASSET QUALITY
June 30,
2026
March 31, 2026
June 30,
2025
Non-performing loans
$
8,739
$
7,764
$
143
Non-performing loans to total loans
0.80
%
0.71
%
0.01
%
Non-performing assets
$
8,739
$
7,764
$
143
Non-performing assets to total assets
0.59
%
0.53
%
0.01
%
Net loan charge-offs (recoveries) in the quarter
$
(88
)
$
1,105
$
(52
)
Net charge-offs (recoveries) in the quarter/average net loans
-0.03
%
0.41
%
(0.02
)%
Real estate/repossessed assets owned
$
-
$
-
$
-
Allowance for credit losses
$
15,336
$
15,248
$
15,426
Average interest-earning assets to average
interest-bearing liabilities
137.06
%
137.04
%
139.40
%
Allowance for credit losses to
non-performing loans
175.49
%
196.39
%
10787.41
%
Allowance for credit losses to total loans
1.40
%
1.40
%
1.44
%
Shareholders’ equity to assets
9.87
%
9.95
%
10.68
%
CAPITAL RATIOS
Total capital (to risk weighted assets)
15.64
%
15.62
%
16.56
%
Tier 1 capital (to risk weighted assets)
14.39
%
14.37
%
15.31
%
Common equity tier 1 (to risk weighted assets)
14.39
%
14.37
%
15.31
%
Tier 1 capital (to average tangible assets)
10.95
%
10.60
%
11.16
%
Tangible common equity (to average tangible assets) (non-GAAP)
8.18
%
8.25
%
9.05
%
DEPOSIT MIX
June 30,
2026
March 31, 2026
June 30,
2025
Interest checking
$
348,433
$
316,449
$
277,632
Regular savings
149,972
153,490
159,747
Money market deposit accounts
223,351
242,169
233,553
Non-interest checking
292,672
293,458
306,768
Certificates of deposit
247,174
248,619
232,193
Total deposits
$
1,261,602
$
1,254,185
$
1,209,893
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 12
COMPOSITION OF COMMERCIAL AND CONSTRUCTION LOANS
Other
Commercial
Commercial
Real Estate
Real Estate
& Construction
Business
Mortgage
Construction
Total
June 30, 2026
(Dollars in thousands)
Commercial business
$
222,902
$
-
$
-
$
222,902
Commercial construction
-
-
7,493
7,493
Office buildings
-
114,894
-
114,894
Warehouse/industrial
-
116,568
-
116,568
Retail/shopping centers/strip malls
-
89,698
-
89,698
Assisted living facilities
-
340
-
340
Single purpose facilities
-
290,210
-
290,210
Land
-
13,168
-
13,168
Multi-family
-
102,956
-
102,956
One-to-four family construction
-
-
14,167
14,167
Total
$
222,902
$
727,834
$
21,660
$
972,396
March 31, 2026
(Dollars in thousands)
Commercial business
$
219,846
$
-
$
-
$
219,846
Commercial construction
-
-
13,619
13,619
Office buildings
-
115,462
-
115,462
Warehouse/industrial
-
118,292
-
118,292
Retail/shopping centers/strip malls
-
90,388
-
90,388
Assisted living facilities
-
343
-
343
Single purpose facilities
-
287,149
-
287,149
Land
-
9,143
-
9,143
Multi-family
-
103,614
-
103,614
One-to-four family construction
-
-
10,421
10,421
Total
$
219,846
$
724,391
$
24,040
$
968,277
LOAN MIX
June 30, 2026
March 31, 2026
June 30, 2025
Commercial and construction
(Dollars in thousands)
Commercial business
$
222,902
$
219,846
$
231,826
Other real estate mortgage
727,834
724,391
693,882
Real estate construction
21,660
24,040
20,133
Total commercial and construction
972,396
968,277
945,841
Consumer
Real estate one-to-four family
95,056
96,698
98,147
Other installment
25,847
27,509
24,092
Total consumer
120,903
124,207
122,239
Total loans
1,093,299
1,092,484
1,068,080
Less:
Allowance for credit losses
15,336
15,248
15,426
Loans receivable, net
$
1,077,963
$
1,077,236
$
1,052,654
DETAIL OF NON-PERFORMING ASSETS
Northwest
Southwest
Oregon
Washington
Total
June 30, 2026
(Dollars in thousands)
Commercial business
$
120
$
487
$
607
Commercial real estate
8,102
30
8,132
Total non-performing assets
$
8,222
$
517
$
8,739
RVSB First Fiscal Quarter 2027 Results
July 28, 2026
Page 13
At or for the three months ended
SELECTED OPERATING DATA
June 30, 2026
March 31, 2026
June 30, 2025
Efficiency ratio (4)
85.82
%
536.00
%
88.34
%
Coverage ratio (6)
88.44
%
88.47
%
83.97
%
Return on average assets (1)
0.47
%
-2.17
%
0.33
%
Return on average equity (1)
4.64
%
-19.77
%
3.04
%
Return on average tangible equity (1) (non-GAAP)
5.70
%
-23.67
%
3.66
%
NET INTEREST SPREAD
Yield on loans
5.24
%
5.12
%
5.02
%
Yield on investment securities
2.75
%
1.82
%
2.09
%
Total yield on interest-earning assets
4.80
%
4.39
%
4.34
%
Cost of interest-bearing deposits
1.83
%
1.80
%
1.72
%
Cost of FHLB advances and other borrowings
5.41
%
4.88
%
5.06
%
Total cost of interest-bearing liabilities
2.00
%
2.01
%
2.17
%
Spread (7)
2.80
%
2.38
%
2.17
%
Net interest margin
3.34
%
2.92
%
2.78
%
PER SHARE DATA
Basic earnings (loss) per share (2)
$
0.08
$
(0.39
)
$
0.06
Diluted earnings (loss) per share (3)
0.08
(0.39
)
0.06
Book value per share (5)
7.20
7.08
7.72
Tangible book value per share (5) (non-GAAP)
5.86
5.76
6.43
Market price per share:
High for the period
$
6.08
$
5.66
$
6.40
Low for the period
5.14
5.01
5.33
Close for period end
5.43
5.50
5.50
Cash dividends declared per share
0.0200
0.0200
0.0200
Average number of shares outstanding:
Basic (2)
20,373,277
20,670,199
20,976,200
Diluted (3)
20,373,277
20,670,199
20,976,200
(1)
Amounts for the periods shown are annualized.
(2)
Amounts exclude ESOP shares not committed to be released.
(3)
Amounts exclude ESOP shares not committed to be released and include common stock equivalents.
(4)
Non-interest expense divided by net interest income and non-interest income.
(5)
Amounts calculated based on shareholders’ equity and include ESOP shares not committed to be released.
(6)
Net interest income divided by non-interest expense.
(7)
Yield on interest-earning assets less cost of funds on interest-bearing liabilities.
GRAPHIC
GRAPHIC
Filename: image0.jpg · Sequence: 6
Binary file (508723 bytes)
Download image0.jpg
GRAPHIC
GRAPHIC
Filename: image1.jpg · Sequence: 7
Binary file (96096 bytes)
Download image1.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 9
v3.26.1
Document and Entity Information
Jul. 28, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Jul. 28, 2026
Entity File Number
000-22957
Entity Registrant Name
RIVERVIEW BANCORP, INC.
Entity Central Index Key
0001041368
Entity Incorporation, State or Country Code
WA
Entity Tax Identification Number
91-1838969
Entity Address, Address Line One
900 Washington Street
Entity Address, Address Line Two
Suite 900
Entity Address, City or Town
Vancouver
Entity Address, State or Province
WA
Entity Address, Postal Zip Code
98660
City Area Code
360
Local Phone Number
693-6650
Title of 12(b) Security
Common Stock, Par Value $0.01 per share
Trading Symbol
RVSB
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
false
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 2 such as Street or Suite number
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine2
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration