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Junior Subordinated Debenture: Schedule of terms of the current Debentures (Tables)
 6 Months Ended
Sep. 30, 2013
Tables/Schedules  
Schedule of terms of the current Debentures

 

Issuance Trust

 

Issuance Date

 

 

Amount Outstanding

 

Rate Type

 

Initial Rate

 

Rate

 

Maturing Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Riverview Bancorp Statutory Trust I

 

12/2005

 

$

7,217

 

Variable (1)

 

5.88

%

1.61

%

3/2036

Riverview Bancorp Statutory Trust II

 

06/2007

 

 

15,464

 

Variable (2)

 

7.03

%

1.60

%

9/2037

 

 

 

 

$

22,681

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) The trust preferred securities reprice quarterly based on the three-month LIBOR plus 1.36%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2) The trust preferred securities reprice quarterly based on the three-month LIBOR plus 1.35%