Riverview Bancorp (RVSB) 10-Q 13 Nov 14 2015 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Sep. 30, 2014	Nov. 13, 2014
Document and Entity Information:	'	'
Entity Registrant Name	'RIVERVIEW BANCORP INC	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Amendment Flag	'false	'
Entity Central Index Key	'0001041368	'
Current Fiscal Year End Date	'--03-31	'
Entity Common Stock, Shares Outstanding	'	22,471,890
Entity Filer Category	'Smaller Reporting Company	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well-known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2015	'
Document Fiscal Period Focus	'Q2	'

RIVERVIEW_BANCORP_INC_AND_SUBS

RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Sep. 30, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
ASSETS	'		'
Cash, including interest-earning accounts	$30,988	[1]	$68,577	[1]
Certificate of deposits held for investment	32,941		36,925
Loans held for sale	353		1,024
Investment securities available for sale, at fair value	19,571	[2]	23,394	[2]
Mortgage-backed securities held to maturity, at amortized cost	90	[3]	101	[3]
Mortgage-backed securities available for sale, at fair value	120,740	[4]	78,575	[4]
Loans receivable	540,786	[5]	520,937	[5]
Real estate and other personal property owned	3,705		7,703
Prepaid expenses and other assets	3,243		3,197
Accrued interest receivable	2,047		1,836
Federal Home Loan Bank stock, at cost	6,324		6,744
Premises and equipment, net	15,955		16,417
Deferred income taxes, net	14,301		15,433
Mortgage servicing rights, net	386		369
Goodwill	25,572		25,572
Core deposit intangible, net	14		26
Bank owned life insurance	24,524		17,691
TOTAL ASSETS	841,540		824,521
LIABILITIES:	'		'
Deposit accounts	702,635		690,066
Accrued expenses and other liabilities	12,445		10,497
Advance payments by borrowers for taxes and insurance	644		467
Junior subordinated debentures	22,681		22,681
Capital lease obligations	2,319		2,361
Total liabilities	740,724		726,072
COMMITMENTS AND CONTINGENCIES	'	[6]	'	[6]
Shareholders' equity	'		'
Serial preferred stock	0	[7]	0	[7]
Common Stock	225	[8]	225	[8]
Additional paid-in capital	65,217		65,195
Retained earnings	35,416		33,592
Unearned shares issued to employee stock ownership trust	-335		-387
Accumulated other comprehensive loss	-212		-647
Total shareholders' equity	100,311		97,978
Noncontrolling interest	505		471
Total equity	100,816		98,449
TOTAL LIABILITIES AND EQUITY	$841,540		$824,521
[1]	Including interest-earning accounts of $17,417 and $51,715.
[2]	Amortized cost of $19,873 and $23,866.
[3]	Fair value of $92 and $104.
[4]	Amortized cost of $120,759 and $79,083.
[5]	Net of allowance for loan losses of $12,001 and $12,551.
[6]	See Note 14.
[7]	Serial preferred stock, $.01 par value; 250,000 authorized, issued and outstanding: none.
[8]	Common stock, $.01 par value; 50,000,000 authorized, 22,471,890 issued and outstanding.

RIVERVIEW_BANCORP_INC_AND_SUBS1

RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	Sep. 30, 2014	Mar. 31, 2014
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position	'	'
Interest-Earning accounts included in Cash	$17,417	$51,715
Amortized Cost of Investment securities available for sale	19,873	23,866
Amortized Cost of Mortgage-backed securities available for sale	120,759	79,083
Fair Value of Mortgage-backed securities held to maturity	92	104
Loans receivable Allowance for Loan Losses	$12,001	$12,551
Serial preferred stock par value per share	$0.01	$0.01
Serial preferred stock shares authorized	250,000	250,000
Serial preferred stock shares issued	0	0
Serial preferred stock shares outstanding	0	0
Common stock par value per share	$0.01	$0.01
Common stock shares authorized	50,000,000	50,000,000
Common stock shares issued	22,471,890	22,471,890
Common stock shares outstanding	22,471,890	22,471,890

RIVERVIEW_BANCORP_INC_AND_SUBS2

RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
INTEREST INCOME:	'	'	'	'
Interest and fees on loans receivable	$6,486	$6,465	$12,657	$13,070
Interest on investment securities-taxable	98	77	182	116
Interest on mortgage-backed securities	508	52	988	68
Other interest and dividends	118	170	249	341
Total interest and dividend income	7,210	6,764	14,076	13,595
INTEREST EXPENSE:	'	'	'	'
Interest on deposits	342	514	702	1,041
Interest on borrowings	148	150	295	300
Total interest expense	490	664	997	1,341
Net interest income	6,720	6,100	13,079	12,254
Less provision for (recapture of) loan losses	-350	'	-650	-2,500
Net interest income after provision for (recapture of) loan losses	7,070	6,100	13,729	14,754
NON-INTEREST INCOME:	'	'	'	'
Fees and service charges	1,158	1,094	2,228	2,124
Asset management fees	710	595	1,530	1,331
Net gain on sale of loans held for sale	155	116	281	433
Bank owned life insurance income	194	141	332	283
Other non-interest income	6	-59	62	-38
Total non-interest income	2,223	1,887	4,433	4,133
NON-INTEREST EXPENSE:	'	'	'	'
Salaries and employee benefits	4,341	3,867	8,515	7,737
Occupancy and depreciation	1,322	1,190	2,409	2,434
Data processing	434	430	904	1,118
Amortization of core deposit intangible	6	9	12	26
Advertising and marketing expense	203	204	353	408
FDIC insurance premium	180	417	355	828
State and local taxes	117	108	254	234
Telecommunications	74	81	150	149
Professional fees	257	315	546	653
Real estate owned expenses	186	492	802	2,104
Other non-interest expense	554	534	1,109	1,199
Total non-interest expense	7,674	7,647	15,409	16,890
Income (loss) before income taxes	1,619	340	2,753	1,997
Provision (Benefit) for income taxes	535	-1	929	16
Net Income (Loss)	$1,084	$341	$1,824	$1,981
Earnings (loss) per common share:	'	'	'	'
Basic earnings	$0.05	$0.02	$0.08	$0.09
Diluted earnings	$0.05	$0.02	$0.08	$0.09
Weighted average number of shares outstanding:	'	'	'	'
Weighted average number of shares outstanding, Basic	22,388,753	22,364,120	22,385,691	22,361,058
Weighted average number of shares outstanding, Diluted	22,419,469	22,365,460	22,414,212	22,361,941

RIVERVIEW_BANCORP_INC_AND_SUBS3

RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Statements of Comprehensive Income	'		'		'		'
Net Income (Loss)	$1,084		$341		$1,824		$1,981
Other comprehensive income (loss):	'		'		'		'
Unrealized holding gain (loss) on securities, net	-248	[1]	670	[1]	659	[1]	738	[1]
Income tax benefit (expense) related to securities unrealized holding gain (loss)	84		-228		-224		-251
Noncontrolling interest	15		14		34		46
Total comprehensive income (loss)	$935		$797		$2,293		$2,514
[1]	There were no reclassifications out of other comprehensive income for the three and six months ended September 30, 2014 and 2013.

RIVERVIEW_BANCORP_INC_AND_SUBS4

RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statements of Comprehensive Income	'	'	'	'
Reclassifications out of other comprehensive income (loss)	$0	$0	$0	$0

RIVERVIEW_BANCORP_INC_AND_SUBS5

RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) (USD $)	Common Stock	Additional Paid-In Capital	Retained Earnings	Unearned Shares Issued to Employee Stock Ownership Trust	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interest	Total
In Thousands, except Share data
Balance, Value at Mar. 31, 2013	$225	$65,551	$14,169	($490)	($1,013)	$603	$79,045
Balance, Shares at Mar. 31, 2013	22,471,890	'	'	'	'	'	'
Net Income (Loss)	'	0	1,981	0	0	0	1,981
Stock based compensation expense	0	26	0	0	0	0	26
Earned ESOP shares	0	-20	0	52	0	0	32
Unrealized holding gain (loss) on securities available for sale	0	0	0	0	487	0	487
Balance, Value at Sep. 30, 2013	225	65,557	16,150	-438	-526	649	81,617
Noncontrolling interest at Sep. 30, 2013	0	0	0	0	0	46	46
Balance, Shares at Sep. 30, 2013	22,471,890	'	'	'	'	'	'
Balance, Value at Mar. 31, 2014	225	65,195	33,592	-387	-647	471	98,449
Balance, Shares at Mar. 31, 2014	22,471,890	'	'	'	'	'	'
Net Income (Loss)	'	0	1,824	0	0	0	1,824
Stock based compensation expense	0	27	0	0	0	0	27
Earned ESOP shares	0	-5	0	52	0	0	47
Unrealized holding gain (loss) on securities available for sale	0	0	0	0	435	0	435
Balance, Value at Sep. 30, 2014	225	65,217	35,416	-335	-212	505	100,816
Noncontrolling interest at Sep. 30, 2014	$0	$0	$0	$0	$0	$34	$34
Balance, Shares at Sep. 30, 2014	22,471,890	'	'	'	'	'	'

RIVERVIEW_BANCORP_INC_AND_SUBS6

RIVERVIEW BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net Income (Loss)	$1,824	$1,981
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation and amortization	1,407	842
Provision for (recapture of) loan losses	-650	-2,500
Provision for deferred income taxes	908	'
Noncash expense related to ESOP	47	32
Increase (decrease) in deferred loan origination fees, net of amortization	1	23
Origination of loans held for sale	-7,912	-17,123
Proceeds from sales of loans held for sale	8,775	16,719
Stock based compensation expense	-27	-26
Writedown of real estate owned	640	1,669
Net (gain) loss on loans held for sale, sale of real estate owned, mortgage-backed securities, investment securities and premises and equipment	-237	-290
Income from bank owned life insurance	-332	-283
Changes in assets and liabilities:	'	'
Prepaid expenses and other assets	-98	459
Accrued interest receivable	-211	88
Accrued expenses & other liabilities	2,049	984
Net cash provided by (used in) operating activities	6,238	2,627
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Loan repayments, net	-10,963	9,685
Purchase of loans receivable	-8,726	0
Proceeds from call, maturity, or sale of investment securities available for sale	6,000	0
Principal repayments on investment securities available for sale	0	734
Principal repayments on mortgage-backed securities available for sale	7,994	473
Principal repayments on mortgage-backed securities held to maturity	11	17
Purchase of investment securities available for sale	-2,000	-15,438
Purchase of mortgage-backed securities available for sale	-50,199	-18,011
Redemption (purchase) of certificates of deposit held for investment	3,984	6,715
Proceeds from redemption of Federal Home Loan Bank stock	420	131
Purchase of Bank owned life insurance	-6,500	0
Purchase of premises and equipment and capitalized software	-282	-538
Proceeds from sale of real estate owned and premises and equipment	3,730	4,105
Net cash provided by (used in) investing activities	-56,531	-12,127
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Net increase (decrease) in deposit accounts	12,569	9,000
Proceeds from borrowings	3,000	2,000
Repayment of borrowings	-3,000	-2,000
Principal payments under capital lease obligation	-42	-39
Net increase (decrease) in advance payments by borrowers	177	-539
Net cash provided by (used in) financing activities	12,704	8,422
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-37,589	-1,078
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	68,577	115,415
CASH AND CASH EQUIVALENTS, END OF PERIOD	30,988	114,337
Cash paid during the period for:	'	'
Interest	721	1,038
Income taxes	15	13
NONCASH INVESTING AND FINANCING ACTIVITIES:	'	'
Transfer of loans to real estate owned	804	3,930
Transfer of real estate owned to loans	406	196
Fair value adjustment to securities available for sale	659	738
Income tax effect related to fair value adjustment	($224)	($251)

Basis_of_Presentation

Basis of Presentation	6 Months Ended
	Sep. 30, 2014
Notes	'
Basis of Presentation	'
	1.      BASIS OF PRESENTATION
	The accompanying unaudited consolidated financial statements were prepared in accordance with instructions for Quarterly Reports on Form 10-Q and, therefore, do not include all disclosures necessary for a complete presentation of financial condition, results of operations and cash flows in conformity with accounting principles generally accepted in the United States of America (“GAAP”). However, all adjustments that are, in the opinion of management, necessary for a fair presentation of the interim unaudited financial statements have been included. All such adjustments are of a normal recurring nature.
	The unaudited consolidated financial statements should be read in conjunction with the audited financial statements included in the Riverview Bancorp, Inc. Annual Report on Form 10-K for the year ended March 31, 2014 (“2014 Form 10-K”). The results of operations for the six months ended September 30, 2014 are not necessarily indicative of the results, which may be expected for the fiscal year ending March 31, 2015. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period.  Actual results could differ from those estimates.

Principles_of_Consolidation

Principles of Consolidation	6 Months Ended
	Sep. 30, 2014
Notes	'
Principles of Consolidation	'
	2.      PRINCIPLES OF CONSOLIDATION
	The accompanying consolidated financial statements include the accounts of: Riverview Bancorp, Inc.; its wholly-owned subsidiary, Riverview Community Bank (the “Bank”); the Bank’s wholly-owned subsidiary, Riverview Services, Inc.; and the Bank’s majority owned subsidiary, Riverview Asset Management Corp. (“RAMCorp”) (collectively referred to as the “Company”). All inter-company transactions and balances have been eliminated in consolidation.

Stock_Plans_And_StockBased_Com

Stock Plans And Stock-Based Compensation	6 Months Ended
	Sep. 30, 2014
Notes	'
Stock Plans And Stock-Based Compensation	'
	3.      STOCK PLANS AND STOCK-BASED COMPENSATION
	In July 1998, shareholders of the Company approved the adoption of the 1998 Stock Option Plan (“1998 Plan”). The 1998 Plan was effective October 1998 and expired in October 2008. Accordingly, no further option awards may be granted under the 1998 Plan; however, any awards granted prior to its expiration remain outstanding subject to their terms. Each option granted under the 1998 Plan has an exercise price equal to the fair market value of the Company’s common stock on the date of the grant, a maximum term of ten years and a vesting period from zero to five years.
	In July 2003, shareholders of the Company approved the adoption of the 2003 Stock Option Plan (“2003 Plan”). The 2003 Plan was effective July 2003 and expired in July 2013. Accordingly, no further option awards may be granted under the 2003 Plan; however, any awards granted prior to its expiration remain outstanding subject to their terms. Each option granted under the 2003 Plan has an exercise price equal to the fair market value of the Company’s common stock on the date of the grant, a maximum term of ten years and a vesting period from zero to five years.
	The following table presents information on stock options outstanding for the periods shown.
		Six Months Ended					Six Months Ended
		30-Sep-14					30-Sep-13
		Number of Shares			Weighted Average Exercise Price		Number of Shares			Weighted Average Exercise Price
	Balance, beginning of period	474,654		$	7.91		407,500		$	9.05
	Grants	-			-		87,154			2.78
	Options exercised	-			-		-			-
	Forfeited	-			-		-			-
	Expired	(32,000	)		9.55		(20,000	)		8.98
	Balance, end of period	442,654		$	7.79		474,654		$	7.91
	The following table presents information on stock options outstanding for the periods shown, less estimated forfeitures.
		Six Months				Six Months
		Ended				Ended
		30-Sep-14				30-Sep-13
	Stock options fully vested and expected to vest:
	Number		442,504				469,896
	Weighted average exercise price	$	7.79			$	7.96
	Aggregate intrinsic value (1)	$	151,000			$	3,000
	Weighted average contractual term of options (years)		4.2				5.06
	Stock options fully vested and currently exercisable:
	Number		442,054				385,300
	Weighted average exercise price	$	7.79			$	9.1
	Aggregate intrinsic value (1)	$	150,000			$	3,000
	Weighted average contractual term of options (years)		4.2				4.04
	(1)  The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price) that would have been received by the option holders had all option holders exercised.  This amount changes based on changes in the market value of the Company’s stock.
	Stock-based compensation expense related to stock options for the six months ended September 30, 2014 and 2013 was $27,000 and $26,000, respectively. As of September 30, 2014, there was less than $1,000 of unrecognized compensation expense related to unvested stock options, which will be recognized over the remaining vesting periods of the underlying stock options through December 2014.
	The fair value of each stock option granted is estimated on the date of grant using the Black-Scholes based stock option valuation model. The fair value of all awards is amortized on a straight-line basis over the requisite service periods, which are generally the vesting periods. The expected life of options granted represents the period of time that they are expected to be outstanding. The expected life is determined based on historical experience with similar options, giving consideration to the contractual terms and vesting schedules. Expected volatility was estimated at the date of grant based on the historical volatility of the Company’s common stock. Expected dividends are based on dividend trends and the market value of the Company’s common stock at the time of grant. The risk-free interest rate for periods within the contractual life of the options is based on the U.S. Treasury yield curve in effect at the time of the grant. During the six months ended September 30, 2014, there were no stock options granted. During the six months ended September 30, 2013, the Company granted 87,154 stock options. The weighted average fair value of stock options granted during the six months ended September 30, 2013 was $1.18.
	The Black-Scholes model uses the assumptions listed in the following table:
		Risk Free Interest Rate			Expected			Expected			Expected
					Life (years)			Volatility			Dividends
	Fiscal 2014	1.95%			6.25			51.87%			2.04%

Earnings_Per_Share

Earnings Per Share	6 Months Ended
	Sep. 30, 2014
Notes	'
Earnings Per Share	'
	4.     EARNINGS PER SHARE
	Basic earnings per share (“EPS”) is computed by dividing net income or loss applicable to common stock by the weighted average number of common shares outstanding during the period, without considering any dilutive items.
	Diluted EPS is computed by dividing net income or loss applicable to common stock by the weighted average number of common shares and common stock equivalents for items that are dilutive, net of shares assumed to be repurchased using the treasury stock method at the average share price for the Company’s common stock during the period. Common stock equivalents arise from assumed exercise of outstanding stock options. Shares owned by the Company’s Employee Stock Ownership Plan (“ESOP”) that have not been allocated are not considered to be outstanding for the purpose of computing earnings per share.
	For the three and six months ended September 30, 2014, stock options for 330,000 and 331,000 shares, respectively, of common stock were excluded in computing diluted EPS because they were antidilutive.  For the three and six months ended September 30, 2013, stock options for 447,000 and 427,000 shares, respectively, of common stock were excluded in computing diluted EPS because they were antidilutive.
			Three Months Ended September 30,				Six Months Ended
							September 30,
			2014		2013		2014		2013
	Basic EPS computation:
	Numerator-net income	$	1,084,000	$	341,000	$	1,824,000	$	1,981,000
	Denominator-weighted average common shares outstanding		22,388,753		22,364,120		22,385,691		22,361,058
	Basic EPS	$	0.05	$	0.02	$	0.08	$	0.09
	Diluted EPS computation:
	Numerator-net income	$	1,084,000	$	341,000	$	1,824,000	$	1,981,000
	Denominator-weighted average common shares outstanding		22,388,753		22,364,120		22,385,691		22,361,058
	Effect of dilutive stock options		30,716		1,340		28,521		883
	Weighted average common shares and common stock equivalents		22,419,469		22,365,460		22,414,212		22,361,941
	Diluted EPS	$	0.05	$	0.02	$	0.08	$	0.09

Investment_Securities

Investment Securities	6 Months Ended
	Sep. 30, 2014
Notes	'
Investment Securities	'
	5.      INVESTMENT SECURITIES
	The amortized cost and fair value of investment securities available for sale consisted of the following at the dates indicated (in thousands):
		Amortized Cost		Gross Unrealized Gains			Gross Unrealized Losses			Estimated Fair Value
	30-Sep-14
	Trust preferred	$	1,919	$	-		$	(34	)	$	1,885
	Agency securities		17,954		48			(316	)		17,686
	Total	$	19,873	$	48		$	(350	)	$	19,571
	31-Mar-14
	Trust preferred	$	1,919	$	-		$	(16	)	$	1,903
	Agency securities		21,947		6			(462	)		21,491
	Total	$	23,866	$	6		$	(478	)	$	23,394
	The contractual maturities of investment securities available for sale are as follows (in thousands):
			Amortized		Estimated
	30-Sep-14		Cost		Fair Value
	Due in one year or less	$	-	$	-
	Due after one year through five years		16,945		16,666
	Due after five years through ten years		1,009		1,020
	Due after ten years		1,919		1,885
	Total	$	19,873	$	19,571
	The fair value of temporarily impaired securities, the amount of unrealized losses and the length of time these unrealized losses existed are as follows at the dates indicated (in thousands):
		Less than 12 months					12 months or longer						Total
			Fair		Unrealized			Fair			Unrealized			Fair		Unrealized
			Value		Losses			Value			Losses			Value		Losses
	30-Sep-14
	Trust preferred	$	1,885	$	(34	)	$	-		$	-		$	1,885	$	(34	)
	Agency securities		-		-			12,684			(316	)		12,684		(316	)
	Total	$	1,885	$	(34	)	$	12,684		$	(316	)	$	14,569	$	(350	)
	31-Mar-14
	Trust preferred	$	1,903	$	(16	)	$	-		$	-		$	1,903	$	(16	)
	Agency securities		17,985		(462	)		-			-			17,985		(462	)
	Total	$	19,888	$	(478	)	$	-		$	-		$	19,888	$	(478	)
	At September 30, 2014, the Company had a single collateralized debt obligation which is secured by a pool of trust preferred securities issued by 15 other holding companies. The Company holds the mezzanine tranche of this security. All tranches senior to the mezzanine tranche have been repaid by the issuer. Four of the issuers of trust preferred securities in this pool have defaulted (representing 51% of the remaining collateral, including excess collateral), and one other issuer is currently deferring interest payments (2% of the remaining collateral). The Company has estimated an expected default rate of 43% for its portion of this security. The expected default rate was estimated based primarily on an analysis of the financial condition of the underlying issuers. The Company estimates that a default rate of 68% would trigger additional other than temporary impairment (“OTTI”) of this security. The Company utilized a discount rate of 10% to estimate the fair value of this security. There was no excess subordination on this security.
	During the three and six months ended September 30, 2014, the Company determined that there was no additional OTTI charge on the above collateralized debt obligation. The Company does not intend to sell this security and it is not more likely than not that the Company will be required to sell the security before the anticipated recovery of the remaining amortized cost basis.
	To determine the component of gross OTTI related to credit losses, the Company compared the amortized cost basis of the collateralized debt obligation to the present value of the revised expected cash flows, discounted using the current pre-impairment yield.  The revised expected cash flow estimates are based primarily on an analysis of default rates, prepayment speeds and third-party analytical reports.  Significant judgment of management is required in this analysis that includes, but is not limited to, assumptions regarding the ultimate collectibility of principal and interest on the underlying collateral.
	The unrealized losses on the above agency securities were primarily attributable to increases in market interest rates subsequent to their purchase by the Company. The Company expects the fair value of the agency securities to recover as the agency securities approach their maturity dates or sooner if market yields for such securities decline. The Company does not believe that the agency securities are other than temporarily impaired because of their credit quality or related to any issuer or industry specific event. Based on management’s evaluation and intent, the unrealized losses related to the agency securities in this table are considered temporary.
	The Company realized no gains or losses on sales of investment securities for the three and six months ended September 30, 2014 and 2013. Investment securities with an amortized cost of $1.0 million at September 30, 2014 and March 31, 2014 and a fair value of $981,000 and $975,000 at September 30, 2014 and March 31, 2014, respectively, were pledged as collateral for government public funds held by the Bank.

Mortgagebacked_Securities

Mortgage-backed Securities	6 Months Ended
	Sep. 30, 2014
Notes	'
Mortgage-backed Securities	'
	6.      MORTGAGE-BACKED SECURITIES
	Mortgage-backed securities held to maturity consisted of the following at the dates indicated (in thousands):
			Amortized		Gross Unrealized			Gross Unrealized			Estimated
			Cost		Gains			Losses			Fair
											Value
	30-Sep-14
	Mortgage-backed securities (1)	$	90	$	2		$	-		$	92
	31-Mar-14
	Mortgage-backed securities (1)	$	101	$	3		$	-		$	104
	(1) Comprised of Federal National Mortgage Association (“FNMA”) and Federal Home Loan Mortgage Corporation (“ FHLMC”) issued securities.
	The contractual maturities of mortgage-backed securities classified as held to maturity are as follows (in thousands):
	30-Sep-14		Amortized		Estimated
			Cost		Fair Value
	Due in one year or less	$	-	$	-
	Due after one year through five years		-		-
	Due after five years through ten years		77		78
	Due after ten years		13		14
	Total	$	90	$	92
	Mortgage-backed securities held to maturity with an amortized cost of $29,000 and $36,000 and a fair value of $29,000 and $37,000 at September 30, 2014 and March 31, 2014, respectively, were pledged as collateral for governmental public funds held by the Company.
	Mortgage-backed securities available for sale consisted of the following at the dates indicated (in thousands):
	30-Sep-14		Amortized		Gross Unrealized			Gross Unrealized			Estimated
			Cost		Gains			Losses			Fair
											Value
	Real estate mortgage investment conduits (1)	$	25,151	$	20		$	(82	)	$	25,089
	Mortgage-backed securities (2)		89,909		341			(322	)		89,928
	Other mortgage-backed securities (3)		5,699		37			(13	)		5,723
	Total	$	120,759	$	398		$	(417	)	$	120,740
	31-Mar-14
	Real estate mortgage investment conduits	$	7,218	$	9		$	(77	)	$	7,150
	Mortgage-backed securities		65,858		102			(547	)		65,413
	Other mortgage-backed securities		6,007		18			(13	)		6,012
	Total	$	79,083	$	129		$	(637	)	$	78,575
	(1) Comprised of FHLMC and FNMA issued securities.
	(2) Comprised of FHLMC, FNMA and Ginnie Mae (“GNMA”) issued securities.
	(3) Comprised of U.S. Small Business Administration (“SBA”) issued securities and Commercial Real Estate (“CRE”) secured securities issued by private issuers.
	The contractual maturities of mortgage-backed securities available for sale are as follows (in thousands):
	30-Sep-14		Amortized		Estimated
			Cost		Fair Value
	Due in one year or less	$	-	$	-
	Due after one year through five years		15		15
	Due after five years through ten years		12,420		12,484
	Due after ten years		108,324		108,241
	Total	$	120,759	$	120,740
	The fair value of temporarily impaired securities, the amount of unrealized losses and the length of time these unrealized losses existed are as follows at the dates indicated (in thousands):
		Less than 12 months					12 months or longer						Total
			Fair		Unrealized			Fair			Unrealized			Fair		Unrealized
			Value		Losses			Value			Losses			Value		Losses
	30-Sep-14
	Real estate mortgage investment conduits	$	18,852	$	(82	)	$	-		$	-		$	18,852	$	(82	)
	Mortgage-backed securities (1)		31,596		(110	)		5,221			(212	)		36,817		(322	)
	Other mortgage-backed securities (2)		757		(7	)		708			(6	)		1,465		(13	)
	Total	$	51,205	$	(199	)	$	5,929		$	(218	)	$	57,134	$	(417	)
	31-Mar-14
	Real estate mortgage investment conduits	$	4,996	$	(77	)	$	-		$	-		$	4,996	$	(77	)
	Mortgage-backed securities		49,177		(547	)		-			-			49,177		(547	)
	Other mortgage-backed securities		1,526		(13	)		-			-			1,526		(13	)
	Total	$	55,699	$	(637	)	$	-		$	-		$	55,699	$	(637	)
	(1) Comprised of FHLMC and FNMA issued securities.
	(2) Comprised of SBA issued securities.
	The unrealized losses on the above mortgage-backed securities were primarily attributable to increases in market interest rates subsequent to their purchase by the Company. The Company expects the fair value of the mortgage-backed securities to recover as the mortgage-backed securities approach their maturity dates or sooner if market yields for such securities decline. The Company does not believe that the mortgage-backed securities are impaired because of their credit quality or related to any issuer or industry specific event. Based on management’s evaluation and intent, the unrealized losses related to the mortgage-backed securities in this table are considered temporary.
	Expected maturities of mortgage-backed securities held to maturity and available for sale will differ from contractual maturities because borrowers may have the right to prepay obligations with or without prepayment penalties.
	Mortgage-backed securities available for sale with an amortized cost of $1.6 million and $1.7 million and a fair value of $1.6 million and $1.7 million at September 30, 2014 and March 31, 2014, respectively, were pledged as collateral for government public funds held by the Bank.

Loans_Receivable

Loans Receivable	6 Months Ended
	Sep. 30, 2014
Notes	'
Loans Receivable	'
	7.      LOANS RECEIVABLE
	Loans receivable, excluding loans held for sale, consisted of the following at the dates indicated (in thousands):
			September 30,		March 31,
			2014		2014
	Commercial and construction
	Commercial business	$	80,930	$	71,632
	Other real estate mortgage (1)		329,056		324,881
	Real estate construction		18,843		19,482
	Total commercial and construction		428,829		415,995
	Consumer
	Real estate one-to-four family		94,536		93,007
	Other installment		29,422		24,486
	Total consumer		123,958		117,493
	Total loans		552,787		533,488
	Less:  Allowance for loan losses		12,001		12,551
	Loans receivable, net	$	540,786	$	520,937
	(1) Other real estate mortgage consists of commercial real estate, land and multi-family loans
	The Company considers its loan portfolio to have very little exposure to sub-prime mortgage loans since the Company has not historically engaged in this type of lending. At September 30, 2014, loans carried at $333.4 million were pledged as collateral to the Federal Home Loan Bank of Seattle (“FHLB”) and Federal Reserve Bank of San Francisco (“FRB”) pursuant to/under borrowing agreements.
	Most of the Bank’s business activity is with customers located in the states of Washington and Oregon. Loans and extensions of credit outstanding at one time to one borrower are generally limited by federal regulation to 15% of the Bank’s shareholders’ equity, excluding accumulated other comprehensive loss. As of September 30, 2014 and March 31, 2014, the Bank had no loans to any one borrower in excess of the regulatory limit.

Allowance_for_Loan_Losses

Allowance for Loan Losses	6 Months Ended
	Sep. 30, 2014
Notes	'
Allowance for Loan Losses	'
	8.      ALLOWANCE FOR LOAN LOSSES
	Allowance for loan loss: The allowance for loan losses is maintained at a level sufficient to provide for probable loan losses based on evaluating known and inherent risks in the loan portfolio. The allowance is provided based upon the Company’s ongoing quarterly assessment of the pertinent factors underlying the quality of the loan portfolio. These factors include changes in the size and composition of the loan portfolio, delinquency levels, actual loan loss experience, current economic conditions and detailed analysis of individual loans for which full collectability may not be assured. The detailed analysis includes techniques to estimate the fair value of loan collateral and the existence of potential alternative sources of repayment. The allowance consists of specific, general and unallocated components. The specific component relates to loans that are considered impaired. For loans that are classified as impaired, an allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan. The general component covers non-impaired loans based on the Company’s risk rating system and historical loss experience adjusted for qualitative factors. The Company calculates its historical loss rates using the average of the last four quarterly 24-month periods. The Company calculates and applies its historical loss rates by individual loan types in its portfolio. These historical loss rates are adjusted for qualitative and environmental factors. An unallocated component is maintained to cover uncertainties that the Company believes have resulted in incurred losses that have not yet been allocated to specific elements of the general and specific components of the allowance for loan losses. Such factors include uncertainties in economic conditions and in identifying triggering events that directly correlate to subsequent loss rates, changes in appraised value of underlying collateral, risk factors that have not yet manifested themselves in loss allocation factors and historical loss experience data that may not precisely correspond to the current portfolio or economic conditions. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. The appropriate allowance level is estimated based upon factors and trends identified by the Company as of the date of the filing of the financial statements.
	Management’s evaluation of the allowance for loan losses is based on ongoing, quarterly assessments of the known and inherent risks in the loan portfolio. Loss factors are based on the Company’s historical loss experience with additional consideration and adjustments made for changes in economic conditions, changes in the amount and composition of the loan portfolio, delinquency rates, changes in collateral values, seasoning of the loan portfolio, duration of current business cycle, a detailed analysis of impaired loans and other factors as deemed appropriate. These factors are evaluated on a quarterly basis. Loss rates used by the Company are affected as changes in these factors increase or decrease from quarter to quarter. The Company also considers bank regulatory examination results and findings of credit examiners in its quarterly evaluation of the allowance for loan losses.
	The following tables present a reconciliation of the allowance for loan losses for the periods indicated (in thousands):
	Three months ended		Commercial  Business			Commercial Real Estate			Land			Multi-Family			Real Estate Construction			Consumer			Unallocated			Total
	30-Sep-14
	Beginning balance	$	1,606		$	5,393		$	297		$	260		$	354		$	2,862		$	1,509		$	12,281
	Provision for (recapture of) loan losses		44			(203	)		(89	)		100			(35	)		(127	)		(40	)		(350	)
	Charge-offs		(73	)		(3	)		-			-			-			(28	)		-			(104	)
	Recoveries		2			-			57			-			-			115			-			174
	Ending balance	$	1,579		$	5,187		$	265		$	360		$	319		$	2,822		$	1,469		$	12,001
	Six months ended		Commercial  Business			Commercial Real Estate			Land			Multi-Family			Real Estate Construction			Consumer			Unallocated			Total
	30-Sep-14
	Beginning balance	$	2,409		$	5,269		$	340		$	203		$	387		$	2,653		$	1,290		$	12,551
	Provision for (recapture of) loan losses		(762	)		(54	)		(193	)		157			(68	)		91			179			(650	)
	Charge-offs		(73	)		(28	)		-			-			-			(58	)		-			(159	)
	Recoveries		5			-			118			-			-			136			-			259
	Ending balance	$	1,579		$	5,187		$	265		$	360		$	319		$	2,822		$	1,469		$	12,001
	Three months ended		Commercial			Commercial			Land			Multi-			Real			Consumer			Unallocated			Total
	30-Sep-13		Business			Real						Family			Estate
						Estate									Construction
	Beginning balance	$	1,694		$	5,568		$	1,294		$	332		$	239		$	2,633		$	1,937		$	13,697
	Provision for (recapture of) loan losses		230			1,317			(479	)		(63	)		(4	)		(896	)		(105	)		-
	Charge-offs		(44	)		(98	)		(37	)		-			-			(18	)		-			(197	)
	Recoveries		33			-			37			-			-			126			-			196
	Ending balance	$	1,913		$	6,787		$	815		$	269		$	235		$	1,845		$	1,832		$	13,696
	Six months ended		Commercial			Commercial			Land			Multi-			Real			Consumer			Unallocated			Total
	30-Sep-13		Business			Real						Family			Estate
						Estate									Construction
	Beginning balance	$	2,128		$	5,979		$	2,019		$	541		$	221		$	2,949		$	1,806		$	15,643
	Provision for (recapture of) loan losses		(333	)		965			(1,678	)		(272	)		17			(1,225	)		26			(2,500	)
	Charge-offs		(99	)		(172	)		(45	)		-			(7	)		(156	)		-			(479	)
	Recoveries		217			15			519			-			4			277			-			1,032
	Ending balance	$	1,913		$	6,787		$	815		$	269		$	235		$	1,845		$	1,832		$	13,696
	The following tables present an analysis of loans receivable and allowance for loan losses, which were evaluated individually and collectively for impairment at the dates indicated (in thousands):
		Allowance for loan losses									Recorded investment in loans
	30-Sep-14		Individually Evaluated for Impairment			Collectively Evaluated for Impairment			Total			Individually Evaluated for Impairment			Collectively Evaluated for Impairment			Total
	Commercial business	$	-		$	1,579		$	1,579		$	1,217		$	79,713		$	80,930
	Commercial real estate		124			5,063			5,187			17,125			265,572			282,697
	Land		-			265			265			800			13,924			14,724
	Multi-family		-			360			360			2,307			29,328			31,635
	Real estate construction		-			319			319			-			18,843			18,843
	Consumer		132			2,690			2,822			2,690			121,268			123,958
	Unallocated		-			1,469			1,469			-			-			-
	Total	$	256		$	11,745		$	12,001		$	24,139		$	528,648		$	552,787
	31-Mar-14
	Commercial business	$	-		$	2,409		$	2,409		$	947		$	70,685		$	71,632
	Commercial real estate		137			5,132			5,269			18,122			269,386			287,508
	Land		-			340			340			858			15,387			16,245
	Multi-family		-			203			203			2,014			19,114			21,128
	Real estate construction		-			387			387			-			19,482			19,482
	Consumer		142			2,511			2,653			4,009			113,484			117,493
	Unallocated		-			1,290			1,290			-			-			-
	Total	$	279		$	12,272		$	12,551		$	25,950		$	507,538		$	533,488
	Non-accrual loans:  Loans are reviewed regularly and it is the Company’s general policy that a loan is past due when it is 30 days to 89 days delinquent. In general, when a loan is 90 days delinquent or when collection of principal or interest appears doubtful, it is placed on non-accrual status, at which time the accrual of interest ceases and a reserve for unrecoverable accrued interest is established and charged against operations. As a general practice, payments received on non-accrual loans are applied to reduce the outstanding principal balance on a cost recovery method. As a general practice, a loan is not removed from non-accrual status until all delinquent principal, interest and late fees have been brought current and the borrower has demonstrated a history of performance based upon the contractual terms of the note. Interest income foregone on non-accrual loans was $269,000 and $612,000 during the six months ended September 30, 2014 and 2013, respectively.
	The following tables present an analysis of past due loans at the dates indicated (in thousands):
	30-Sep-14		30-89 Days Past Due			90 Days and Greater (Non-Accrual)			Total Past Due			Current			Total Loans Receivable			Recorded Investment > 90 Days and Accruing
	Commercial business	$	-		$	112		$	112		$	80,818		$	80,930		$	-
	Commercial real estate		1,648			7,060			8,708			273,989			282,697			-
	Land		-			800			800			13,924			14,724			-
	Multi-family		-			2,307			2,307			29,328			31,635			-
	Real estate construction		-			-			-			18,843			18,843			-
	Consumer		449			1,463			1,912			122,046			123,958			-
Total	$	2,097		$	11,742		$	13,839		$	538,948		$	552,787		$	-
31-Mar-14
Commercial business	$	120		$	452		$	572		$	71,060		$	71,632		$	-
Commercial real estate		188			8,067			8,255			279,253			287,508			-
Land		-			800			800			15,445			16,245			-
Multi-family		359			2,014			2,373			18,755			21,128			-
Real estate construction		-			-			-			19,482			19,482			-
Consumer		1,580			2,729			4,309			113,184			117,493			-
Total	$	2,247		$	14,062		$	16,309		$	517,179		$	533,488		$	-
Credit quality indicators: The Company monitors credit risk in its loan portfolio using a risk rating system for all commercial (non-consumer) loans. The risk rating system is a measure of the credit risk of the borrower based on their historical, current and anticipated financial characteristics. The Company assigns a risk rating to each commercial loan at origination and subsequently updates these ratings, as necessary, so the risk rating continues to reflect the appropriate risk characteristics of the loan. Application of appropriate risk ratings is key to management of the loan portfolio risk. In arriving at the rating, the Company considers the following factors: delinquency, payment history, quality of management, liquidity, leverage, earning trends, alternative funding sources, geographic risk, industry risk, cash flow adequacy, account practices, asset protection and extraordinary risks. Consumer loans, including custom construction loans, are not assigned a risk rating but rather are grouped into homogeneous pools with similar risk characteristics. When a consumer loan is delinquent 90 days, it is placed on non-accrual status and assigned a substandard risk rating. Loss factors are assigned to each risk rating and homogeneous pool based on historical loss experience for similar loans. This historical loss experience is adjusted for qualitative factors that are likely to cause the estimated credit losses to differ from the Company’s historical loss experience. The Company uses these loss factors to estimate the general component of its allowance for loan loss.
Pass - These loans have risk rating between 1 and 4 and are to borrowers that meet normal credit standards.  Any deficiencies in satisfactory asset quality, liquidity, debt servicing capacity and coverage are offset by strengths in other areas. The borrower currently has the capacity to perform according to the loan terms. Any concerns about risk factors such as stability of margins, stability of cash flows, liquidity, dependence on a single product/supplier/customer, depth of management, etc., are offset by strength in other areas. Typically, the operating assets of the company and/or real estate will secure these loans. Management is considered competent. The borrower has the ability to repay the debt in the normal course of business.
Watch – These loans have a risk rating of 5 and would typically have many of the attributes of loans in the pass rating. However, there would typically be some reason for additional management oversight, such as recent financial setbacks, deteriorating financial position, industry concerns and failure to perform on other borrowing obligations. Loans with this rating are to be monitored closely in an effort to correct deficiencies.
Special mention – These loans have a risk rating of 6 and are rated in accordance with regulatory guidelines. These loans have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the credit position at some future date. These assets pose elevated risk, but their weakness does not yet justify a “Substandard” classification.
Substandard – These loans have a risk rating of 7 and are rated in accordance with regulatory guidelines, for which the accrual of interest may or may not be discontinued. By definition under regulatory guidelines, a “Substandard” loan has defined weaknesses which make payment default or principal exposure likely, but not yet certain. Such loans are apt to be dependent upon collateral liquidation, a secondary source of repayment, or an event outside of the normal course of business.
Doubtful - These loans have a risk rating of 8 and are rated in accordance with regulatory guidelines. Such loans are placed on non-accrual status and may be dependent upon collateral having a value that is difficult to determine or upon some near-term event which lacks certainty.
Loss - These loans have a risk rating of 9 and are rated in accordance with regulatory guidelines. Such loans are to be charged-off or charged-down when payment is acknowledged to be uncertain or when the timing or value of payments cannot be determined. “Loss” is not intended to imply that the loan or some portion of it will never be paid, nor does it in any way imply that there has been a forgiveness of debt.
The following tables present an analysis of credit quality indicators at the dates indicated (dollars in thousands):
	30-Sep-14							31-Mar-14
		Weighted-Average Risk Grade			Classified Loans(2)				Weighted-Average Risk Grade			Classified Loans(2)
Commercial business		3.38		$	1,085				3.54		$	8,419
Commercial real estate		3.78			13,928				3.87			19,838
Land		3.84			800				3.88			800
Multi-family		3.54			2,320				3.81			2,028
Real estate construction		3.26			-				3.08			-
Consumer (1)		7			1,463				7			2,729
Total		3.68		$	19,596				3.82		$	33,814
Total loans risk rated	$	429,810						$	418,503
(1)  Consumer loans are primarily evaluated on a homogenous pool level and generally not individually risk rated unless certain factors are met.
(2)  Classified loans consist of substandard, doubtful and loss loans.
Impaired loans: A loan is considered impaired when it is probable that the Company will be unable to collect all amounts (principal and interest) due according to the contractual terms of the original loan agreement. Typically, factors used in determining if a loan is impaired include, but are not limited to, whether the loan is 90 days or more delinquent, internally designated as substandard or worse, on non-accrual status or represents a troubled debt restructuring (“TDR”). The majority of the Company’s impaired loans are considered collateral dependent. When a loan is considered collateral dependent, impairment is measured using the estimated value of the underlying collateral, less any prior liens, and when applicable, less estimated selling costs. For impaired loans that are not collateral dependent, impairment is measured using the present value of expected future cash flows, discounted at the loan’s original effective interest rate. When the net realizable value of the impaired loan is less than the recorded investment in the loan (including accrued interest, net deferred loan fees or costs, and unamortized premium or discount), an impairment is recognized by adjusting an allocation of the allowance for loan losses. Subsequent to the initial allocation of allowance to the individual loan, the Company may conclude that it is appropriate to record a charge-off of the impaired portion of the loan. When a charge-off is recorded the loan balance is reduced and the specific allowance is eliminated. Generally, when a collateral dependent loan is initially measured for impairment and does not have an appraisal performed in the last six months, the Company obtains an updated market valuation. Subsequently, the Company generally obtains an updated market valuation on an annual basis. The valuation may occur more frequently if the Company determines that there is an indication that the market value may have declined.
The following tables present an analysis of impaired loans at the dates indicated (in thousands):
30-Sep-14		Recorded Investment with No Specific Valuation Allowance			Recorded Investment with Specific Valuation Allowance			Total Recorded Investment			Unpaid Principal Balance				Related Specific Valuation Allowance
Commercial business	$	1,217		$	-		$	1,217		$	1,350		$		-
Commercial real estate		16,780			345			17,125			17,929				124
Land		800			-			800			804				-
Multi-family		2,307			-			2,307			2,470				-
Consumer		1,294			1,396			2,690			3,279				132
Total	$	22,398		$	1,741		$	24,139		$	25,832		$		256
31-Mar-14		Recorded Investment with No Specific Valuation Allowance			Recorded Investment with Specific Valuation Allowance			Total Recorded Investment			Unpaid Principal Balance			Related Specific Valuation Allowance
Commercial business	$	947		$	-		$	947		$	1,067		$	-
Commercial real estate		17,956			166			18,122			20,601			137
Land		858			-			858			861			-
Multi-family		2,014			-			2,014			2,103			-
Consumer		2,596			1,413			4,009			4,639			142
Total	$	24,371		$	1,579		$	25,950		$	29,271		$	279
	Three Months ended							Three Months ended
	30-Sep-14							30-Sep-13
		Average Recorded Investment			Interest Recognized on Impaired Loans				Average Recorded Investment			Interest Recognized on Impaired Loans
Commercial business	$	1,074		$	11			$	1,264		$	19
Commercial real estate		17,286			114				21,442			117
Land		813			-				1,832			1
Multi-family		2,326			-				2,932			-
Real estate construction		-			-				84			-
Consumer		3,336			19				3,321			12
Total	$	24,835		$	144			$	30,875		$	149
	Six Months ended							Six Months ended
	30-Sep-14							30-Sep-13
		Average Recorded Investment			Interest Recognized on Impaired Loans				Average Recorded Investment			Interest Recognized on Impaired Loans
Commercial business	$	1,031		$	22			$	1,069		$	23
Commercial real estate		17,565			225				20,783			250
Land		828			-				2,378			4
Multi-family		2,222			-				3,237			16
Real estate construction		-			-				114			-
Consumer		3,560			38				3,858			23
Total	$	25,206		$	285			$	31,439		$	316
TDRs are loans where the Company, for economic or legal reasons related to the borrower's financial condition, has granted a concession to the borrower that it would otherwise not consider. A TDR typically involves a modification of terms such as a reduction of the stated interest rate or face amount of the loan, a reduction of accrued interest, or an extension of the maturity date(s) at a stated interest rate lower than the current market rate for a new loan with similar risk.
TDRs are considered impaired loans and as such, when a loan is deemed to be impaired, the amount of the impairment is measured using discounted cash flows using the original note rate, except when the loan is collateral dependent.  In these cases, the estimated fair value of the collateral, less selling costs (when applicable) is used. Impairment is recognized as a specific component within the allowance for loan losses if the value of the impaired loan is less than the recorded investment in the loan. When the amount of the impairment represents a confirmed loss, it is charged off against the allowance for loan losses.
The following table presents new TDRs for the periods indicated:
	Six Months Ended September 30, 2014									Six Months Ended September 30, 2013
(Dollars in Thousands)		Number of Contracts			Pre-Modification Outstanding Recorded Investment			Post-Modification Outstanding Recorded Investment		Number of Contracts			Pre-Modification Outstanding Recorded Investment			Post-Modification Outstanding Recorded Investment
Commercial real estate		1		$	344		$	340		-		$	-		$	-
Multi-family		-			-			-		1			2,562			2,532
Consumer		-			-			-		1			43			42
Total		1		$	344		$	340		2		$	2,605		$	2,574
There were no TDRs recorded in the twelve months prior to September 30, 2014 and 2013 that defaulted in the six months ended September 30, 2014 and 2013.
In accordance with the Company’s policy guidelines, unsecured loans are generally charged-off when no payments have been received for three consecutive months unless an alternative action plan is in effect. Consumer installment loans delinquent six months or more that have not received at least 75% of their required monthly payment in the last 90 days are charged-off. In addition, loans discharged in bankruptcy proceedings are charged-off. Loans under bankruptcy protection with no payments received for four consecutive months will be charged-off. The outstanding balance of a secured loan that is in excess of the net realizable value is generally charged-off if no payments are received for four to five consecutive months. However, charge-offs are postponed if alternative proposals to restructure, obtain additional guarantors, obtain additional assets as collateral or a potential sale would result in full repayment of the outstanding loan balance. Once any of these or other potential sources of repayment are exhausted, the impaired portion of the loan is charged-off, unless an updated valuation of the collateral reveals no impairment. Regardless of whether a loan is unsecured or collateralized, once an amount is determined to be a confirmed loan loss it is promptly charged off.

Goodwill

Goodwill	6 Months Ended
	Sep. 30, 2014
Notes	'
Goodwill	'
	9.       GOODWILL
	Goodwill and intangibles generally arise from business combinations accounted for under the purchase method.  Goodwill and other intangibles deemed to have indefinite lives generated from purchase business combinations are not subject to amortization and are instead tested for impairment not less than annually. The Company has one reporting unit, the Bank, for purposes of computing goodwill.
	The Company performed an impairment assessment as of October 31, 2013 and determined that no impairment of goodwill asset exists. The goodwill impairment test involves a two-step process. The first step is a comparison of the reporting unit’s fair value to its carrying value. If the reporting unit’s fair value is less than its carrying value, the Company would be required to progress to the second step. In the second step, the Company calculates the implied fair value of goodwill. The GAAP standards with respect to goodwill require that the Company compare the implied fair value of goodwill to the carrying amount of goodwill on the Company’s balance sheet. If the carrying amount of the goodwill is greater than the implied fair value of that goodwill, an impairment loss must be recognized in an amount equal to that excess. The implied fair value of goodwill is determined in the same manner as goodwill recognized in a business combination. The estimated fair value of the Company is allocated to all of the Company’s individual assets and liabilities, including any unrecognized identifiable intangible assets, as if the Company had been acquired in a business combination and the estimated fair value of the Company is the price paid to acquire it. The allocation process is performed only for purposes of determining the amount of goodwill impairment, as no assets or liabilities are written up or down, nor are any additional unrecognized identifiable intangible assets recorded as a part of this process. The results of the Company’s step one test indicated that the reporting unit’s fair value was less than its carrying value and therefore the Company performed a step two analysis. After the step two analysis was completed, the Company determined the implied fair value of goodwill was greater than the carrying value on the Company’s balance sheet and no goodwill impairment existed; however, no assurance can be given that the Company’s goodwill will not be written down in future periods.
	An interim impairment test was not deemed necessary as of September 30, 2014, due to there not being a significant change in the reporting unit’s assets and liabilities, the amount that the fair value of the reporting unit exceeded the carrying value as of the most recent valuation, and because the Company determined that, based on an analysis of events that have occurred and circumstances that have changed since the most recent valuation date, the likelihood that a current fair value determination would be less than the current carrying amount of the reporting unit is remote.

Junior_Subordinated_Debenture

Junior Subordinated Debenture	6 Months Ended
	Sep. 30, 2014
Notes	'
Junior Subordinated Debenture	'
	10.    JUNIOR SUBORDINATED DEBENTURES
	At September 30, 2014, the Company had two wholly-owned subsidiary grantor trusts that were established for the purpose of issuing trust preferred securities and common securities. The trust preferred securities accrue and pay distributions periodically at specified annual rates as provided in each trust agreement. The trusts used the net proceeds from each of the offerings to purchase a like amount of junior subordinated debentures (the “Debentures”) of the Company. The Debentures are the sole assets of the trusts. The Company’s obligations under the Debentures and related documents, taken together, constitute a full and unconditional guarantee by the Company of the obligations of the trusts. The trust preferred securities are mandatorily redeemable upon maturity of the Debentures, or upon earlier redemption as provided in the indentures.  The Company has the right to redeem the Debentures in whole or in part on or after specific dates, at a redemption price specified in the indentures governing the Debentures plus any accrued but unpaid interest to the redemption date. The Company also has the right to defer the payment of interest on each of the Debentures for a period not to exceed 20 consecutive quarters, provided that the deferral period does not extend beyond the stated maturity. During such deferral period, distributions on the corresponding trust preferred securities will also be deferred and the Company may not pay cash dividends to the holders of shares of our common stock. Beginning in the first quarter of fiscal 2011, the Company elected to defer regularly scheduled interest payments on its outstanding $22.7 million aggregate principal amount of the Debentures. The Company continued with the interest deferral through September 30, 2014. As of September 30, 2014 and March 31, 2014, the Company has deferred a total of $3.9 million and $3.7 million, respectively, of interest payments. The accrual for these payments is included in accrued expenses and other liabilities on the Consolidated Balance Sheets and interest expense on the Consolidated Statements of Income. During the deferral period, the Company is restricted from paying dividends on its common stock.
	The Debentures issued by the Company to the grantor trusts, totaling $22.7 million, are reflected in the consolidated balance sheets in the liabilities section, under the caption “junior subordinated debentures.” The common securities issued by the grantor trusts were purchased by the Company, and the Company’s investment in the common securities of $681,000 at September 30, 2014 and March 31, 2014, is included in prepaid expenses and other assets in the consolidated balance sheets. The Company records interest expense on the Debentures in the consolidated statements of income.
	The following table is a summary of the terms of the Company’s Debentures at September 30, 2014 (in thousands):
	Issuance Trust	Issuance Date		Amount Outstanding	Rate Type	Initial Rate		Rate		Maturing Date
	Riverview Bancorp Statutory Trust I	Dec-05	$	7,217	Variable (1)	5.88	%	1.59	%	Mar-36
	Riverview Bancorp Statutory Trust II	Jun-07		15,464	Variable (2)	7.03	%	1.58	%	Sep-37
			$	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%

Fair_Value_Measurement

Fair Value Measurement	6 Months Ended
	Sep. 30, 2014
Notes	'
Fair Value Measurement	'
	11.    FAIR VALUE MEASUREMENT
	Accounting guidance regarding fair value measurements defines fair value and establishes a framework for measuring fair value in GAAP, and expands disclosures about fair value measurements.  The following definitions describe the categories used in the tables presented under fair value measurement.
	Quoted prices in active markets for identical assets (Level 1): Inputs that are quoted unadjusted prices in active markets for identical assets that the Company has the ability to access at the measurement date.  An active market for the asset is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.
	Other observable inputs (Level 2): Inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity including quoted prices for similar assets, quoted prices for securities in inactive markets and inputs derived principally from or corroborated by observable market data by correlation or other means.
	Significant unobservable inputs (Level 3): Inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances.
	Financial instruments are presented in the tables that follow by recurring or nonrecurring measurement status.  Recurring assets are initially measured at fair value and are required to be remeasured at fair value in the financial statements at each reporting date. Assets measured on a nonrecurring basis are assets that, as a result of an event or circumstance, were required to be remeasured at fair value after initial recognition in the financial statements at some time during the reporting period.
	The following table presents assets that are measured at fair value on a recurring basis at the dates indicated (in thousands):
					Fair value measurements using
	30-Sep-14	Fair value			Quoted prices in active markets for identical assets			Other observable inputs		Significant unobservable inputs
					(Level 1)			(Level 2)		(Level 3)
	Investment securities available for sale:
	Trust preferred	$	1,885		$	-		$	-	$	1,885
	Agency securities		17,686			-			17,686		-
	Mortgage-backed securities available for sale:
	Real estate mortgage investment conduits		25,089			-			25,089		-
	Mortgage-backed securities		89,928			-			89,928		-
	Other mortgage-backed securities		5,723			-			5,723		-
	Total recurring assets measured at fair value	$	140,311		$	-		$	138,426	$	1,885
	31-Mar-14	Fair value			Quoted prices			Other		Significant
					in active			observable		unobservable
					markets for			inputs		inputs
					identical			(Level 2)		(Level 3)
					assets
					(Level 1)
	Investment securities available for sale:
	Trust preferred	$	1,903		$	-		$	-	$	1,903
	Agency securities		21,491			-			21,491		-
	Mortgage-backed securities available for sale:
	Real estate mortgage investment conduits		7,150			-			7,150		-
	Mortgage-backed securities		65,413			-			65,413		-
	Other mortgage-backed securities		6,012			-			6,012		-
	Total recurring assets measured at fair value	$	101,969		$	-		$	100,066	$	1,903
	The following table presents a reconciliation of assets that are measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the periods indicated (in thousands). There were no transfers of assets in to or out of Level 1, 2 or 3 for the three and six months ended September 30, 2014.
			For the Six Months Ended September 30, 2014			For the Six Months Ended September 30, 2013
			Available for sale securities			Available for sale securities
	Beginning balance	$	1,903		$	1,238
	Transfers in to Level 3		-			-
	Included in earnings (1)		-			-
	Included in other comprehensive income		(18	)		689
	Ending balance	$	1,885		$	1,927
	(1) Included in other non-interest income.
	The following method was used to estimate the fair value of each class of financial instrument above:
	Investments and Mortgage-Backed Securities – Investments and mortgage-backed securities available-for-sale are included within Level 1 of the hierarchy when quoted prices in an active market for identical assets are available. The Company uses a third party pricing service to assist the Company in determining the fair value of its Level 2 securities, which incorporates pricing models and/or quoted prices of investment securities with similar characteristics. The Company’s Level 3 assets consist of a single pooled trust preferred security.
	For Level 2 securities, the Company uses an independent pricing service to assist management in determining fair values of investment securities available-for-sale. This service provides pricing information by utilizing evaluated pricing models supported with market data information. Standard inputs include benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers and reference data from market research publications. Investments securities that are deemed to have been trading in illiquid or inactive markets may require the use of significant unobservable inputs. The Company’s third-party pricing service has established processes for us to submit inquiries regarding quoted prices. The Company’s third-party pricing service will review the inputs to the evaluation in light of any new market data presented by us. The Company’s third-party pricing service may then affirm the original quoted price or may update the evaluation on a going forward basis.
	Management reviews the pricing information received from the third party-pricing service through a combination of procedures that include an evaluation of methodologies used by the pricing service, analytical reviews and performance analysis of the prices against statistics and trends. Based on this review, management determines whether the current placement of the security in the fair value hierarchy is appropriate or whether transfers may be warranted. As necessary, the Company compares prices received from the pricing service to discounted cash flow models or through performing independent valuations of inputs and assumptions similar to those used by the pricing service in order to ensure prices represent a reasonable estimate of fair value.
	The Company has determined that the market for its collateralized debt obligation secured by a pool of trust preferred pooled securities was inactive. This determination was made by the Company after considering the last known trade date for this specific security, the low number of transactions for similar types of securities, the low number of new issuances for similar securities, the increased implied liquidity risk premium for similar securities, the lack of information that is released publicly and discussions with third-party industry analysts. Due to the inactivity in the market, observable market data was not readily available for all significant inputs for this security. Accordingly, the trust preferred pooled security was classified as Level 3 in the fair value hierarchy. The Company utilized observable inputs where available, unobservable data and modeled the cash flows adjusted by an appropriate liquidity and credit risk adjusted discount rate using an income approach valuation technique in order to measure the fair value of the security. Significant unobservable inputs were used that reflect the Company’s assumptions of what a market participant would use to price the security. Significant unobservable inputs included selecting an appropriate discount rate, default rate and repayment assumptions. The Company estimated the discount rate by comparing rates for similarly rated corporate bonds, with additional consideration given to market liquidity. The default rates and repayment assumptions were estimated based on the individual issuer’s financial conditions, historical repayment information, as well as the Company’s future expectations of the capital markets.
	The following table represents certain loans and real estate owned (“REO”) which were marked down to their fair value using fair value measures during the six months ended September 30, 2014. The following are assets that are measured at fair value on a nonrecurring basis (in thousands).
					Fair value measurements using
	30-Sep-14	Fair value			Quoted prices in active markets for identical assets			Other observable inputs		Significant unobservable inputs
					(Level 1)			(Level 2)		(Level 3)
	Impaired loans	$	1,504		$	-		$	-	$	1,504
	Real estate owned		2,686			-			-		2,686
	Total nonrecurring assets measured at fair value	$	4,190		$	-		$	-	$	4,190
	The following table presents quantitative information about Level 3 inputs for financial instruments measured at fair value on a nonrecurring basis at September 30, 2014 (in thousands):
			Valuation technique		Significant unobservable inputs		Range (1)
	Impaired loans		Appraised value		Adjustment for market conditions		0%
	Real estate owned		Appraised value		Adjustment for market conditions		0%
	(1) There were no adjustments to appraised values at September 30, 2014.
	The following method was used to estimate the fair value of each class of financial instrument above:
	Impaired loans – A loan is considered to be impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due (both interest and principal) according to the contractual terms of the loan agreement. For information regarding the Company’s method for estimating the fair value of impaired loans, see Note 8 – Allowance for Loan Losses.
	In determining the net realizable value of the underlying collateral, we primarily use third party appraisals which may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available and include consideration for variations in location, size, and income production capacity of the property. Additionally, the appraisals are periodically further adjusted by the Company in consideration of charges that may be incurred in the event of foreclosure and are based on management’s historical knowledge, changes in business factors and changes in market conditions.
	Impaired loans are reviewed and evaluated quarterly for additional impairment and adjusted accordingly, based on the same factors identified above. Because of the high degree of judgment required in estimating the fair value of collateral underlying impaired loans and because of the relationship between fair value and general economic conditions, we consider the fair value of impaired loans to be highly sensitive to changes in market conditions.
	Real estate owned – REO is real property that the Bank has taken ownership of in partial or full satisfaction of a loan or loans. REO is recorded at the fair value less estimated costs to sell. This amount becomes the property’s new basis. Any write downs based on the property’s fair value less estimated costs to sell at the date of acquisition are charged to the allowance for loan losses.
Management considers third party appraisals in determining the fair value of particular properties. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available and include consideration for variations in location, size, and income production capacity of the property. Additionally, the appraisals are periodically further adjusted by the Company in consideration of charges that may be incurred in the event of foreclosure and are based on management’s historical knowledge, changes in business factors and changes in market conditions.
Management periodically reviews REO to ensure the property is carried at the lower of its new basis or fair value, net of estimated costs to sell. Any additional write-downs based on re-evaluation of the property fair value are charged to non-interest expense. Because of the high degree of judgment required in estimating the fair value of REO and because of the relationship between fair value and general economic conditions, we consider the fair value of REO to be highly sensitive to changes in market conditions.

New_Accounting_Pronouncements

New Accounting Pronouncements	6 Months Ended
	Sep. 30, 2014
Notes	'
New Accounting Pronouncements	'
	12.    NEW ACCOUNTING PRONOUNCEMENTS
	In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-04, “Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure”. The ASU clarifies when a creditor would be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that all or a portion of the loan would be derecognized and the real estate property recognized. Under the guidance, a consumer loan collateralized by residential real estate should be reclassified to other real estate owned when (1) the creditor obtains legal title to the residential property or (2) the borrower conveys all interest in the property to the creditor to satisfy the loan by completing a deed in lieu of foreclosure or similar agreement. In addition, an entity is required to disclose the amount of residential real estate meeting the conditions above, and the recorded investment in consumer mortgage loans secured by residential real estate that are in the process of foreclosure. ASU 2014-04 is effective for annual and interim reporting periods within those annual periods, beginning after December 15, 2014. Adoption of the new guidance is not expected to have a significant impact on the Company's consolidated financial statements.
	In April 2014, the FASB issued ASU 2014-08, “Presentation of Financial Statements and Property, Plant, and Equipment.” The ASU clarifies and improves disclosures when a disposal of a component of an entity or group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has, or will have, a major effect on an entity’s operations and financial results. ASU 2014-08 is effective for annual and interim reporting periods within those annual periods, beginning after December 15, 2014. Adoption of the new guidance is not expected to have a significant impact on the Company's consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers." This implements a common revenue standard that clarifies the principles for recognizing revenue. The core principle of ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract and (v) recognize revenue when (or as) the entity satisfies a performance obligation. ASU 2014-09 is effective for annual and interim reporting periods within those annual periods, beginning after December 15, 2016. Adoption of the new guidance is not expected to have a significant impact on the Company's consolidated financial statements.
	In August 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements – Going Concern." This ASU provides guidance in connection with preparing financial statements for each annual and interim reporting period, that an entity’s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued when applicable). ASU 2014-15 is effective for annual periods after December 15, 2016 and for annual periods and interim periods thereafter. Adoption of the new guidance is not expected to have a significant impact on the Company's consolidated financial statements.

Fair_Value_Of_Financial_Instru

Fair Value Of Financial Instruments	6 Months Ended
	Sep. 30, 2014
Notes	'
Fair Value Of Financial Instruments	'
	13.    FAIR VALUE OF FINANCIAL INSTRUMENTS
	The following disclosure of the estimated fair value of financial instruments is made in accordance with applicable accounting standards. The Company, using available market information and appropriate valuation methodologies, has determined the estimated fair value amounts. However, considerable judgment is necessary to interpret market data in the development of the estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize in the future. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts.
	The estimated fair value of financial instruments is as follows at the dates indicated (in thousands):
				Quoted prices in active markets for identical assets		Other observable inputs		Significant unobservable inputs
	30-Sep-14	Carry value		(Level 1)		(Level 2)		(Level 3)			Fair value
	Assets:
	Cash	$	30,988	$	30,988	$	-	$	-	$	30,988
	Certificates of deposit held for investment		32,941		-		33,126		-		33,126
	Investment securities available for sale		19,571		-		17,686		1,885		19,571
	Mortgage-backed securities held to maturity		90		-		92		-		92
	Mortgage-backed securities available for sale		120,740		-		120,740		-		120,740
	Loans receivable, net		540,786		-		-		500,334		500,334
	Loans held for sale		353		-		353		-		353
	Federal Home Loan Bank stock		6,324		-		6,324		-		6,324
	Liabilities:
	Demand – savings deposits		553,589		553,589		-		-		553,589
	Time deposits		149,046		-		148,942		-		148,942
	Junior subordinated debentures		22,681		-		-		10,576		10,576
	31-Mar-14	Carry value		Quoted prices in active markets for identical assets (Level 1)		Other observable inputs		Significant unobservable inputs			Fair value
						(Level 2)		(Level 3)
	Assets:
	Cash	$	68,577	$	68,577	$	-	$	-	$	68,577
	Certificates of deposit held for investment		36,925		-		37,176		-		37,176
	Investment securities available for sale		23,394		-		21,491		1,903		23,394
	Mortgage-backed securities held to maturity		101		-		104		-		104
	Mortgage-backed securities available for sale		78,575		-		78,575		-		78,575
	Loans receivable, net		520,937		-		-		480,454		480,454
	Loans held for sale		1,024		-		1,024		-		1,024
	Federal Home Loan Bank stock		6,744		-		6,744		-		6,744
	Liabilities:
	Demand – savings deposits		527,813		527,813		-		-		527,813
	Time deposits		162,253		-		162,020		-		162,020
	Junior subordinated debentures		22,681		-		-		11,233		11,233
	Fair value estimates were based on existing financial instruments without attempting to estimate the value of anticipated future business. The fair value was not estimated for assets and liabilities that were not considered financial instruments.
	Fair value estimates, methods and assumptions are set forth below.
	Cash – Fair value approximates the carrying amount.
	Certificates of Deposit held for investment – The fair value of certificates of deposit with stated maturity was based on the discounted value of contractual cash flows. The discount rate was estimated using rates currently available in the local market.
	Investments and Mortgage-Backed Securities – Fair values were based on quoted market rates and dealer quotes. The fair value of the trust preferred investment was determined using a discounted cash flow method (see also Note 11 – Fair Value Measurement).
	Loans Receivable and Loans Held for Sale – Loans were priced using a discounted cash flow analysis. The fair value of loans held for sale was based on the loans carrying value as the agreements to sell these loans are short term fixed rate commitments and no material difference between the carrying value is likely.
	Federal Home Loan Bank stock – The carrying amount approximates the estimated fair value of this investment.
	Deposits – The fair value of deposits with no stated maturity such as non-interest-bearing demand deposits, interest checking, money market and savings accounts was equal to the amount payable on demand. The fair value of time deposits with stated maturity was based on the discounted value of contractual cash flows. The discount rate was estimated using rates currently available in the local market.
	Junior Subordinated Debentures – The fair value of the Debentures was based on the discounted cash flow method. Management believes that the discount rate utilized is indicative of those that would be used by market participants for similar types of debentures.
	Off-Balance Sheet Financial Instruments – The estimated fair value of loan commitments approximates fees recorded associated with such commitments. Since the majority of the Company’s off-balance-sheet instruments consist of non-fee producing, variable rate commitments, the Company has determined they do not have a distinguishable fair value.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Sep. 30, 2014
Notes	'
Commitments and Contingencies	'
	14.    COMMITMENTS AND CONTINGENCIES
	Off-balance sheet arrangements.  The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments generally include commitments to originate mortgage, commercial and consumer loans. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the balance sheet. The Company’s maximum exposure to credit loss in the event of nonperformance by the borrower is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments as it does for on-balance sheet instruments. Commitments to originate loans are conditional, and are honored for up to 45 days subject to the Company’s usual terms and conditions. Collateral is not required to support commitments.
	Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. These guarantees are primarily used to support public and private borrowing arrangements. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. Collateral held varies and is required in instances where the Company deems necessary.
	Significant off-balance sheet commitments at September 30, 2014 are listed below (in thousands):
			Contract or Notional Amount
	Commitments to originate loans:
	Adjustable-rate	$	17,121
	Fixed-rate		1,996
	Standby letters of credit		791
	Undisbursed loan funds, and unused lines of credit		85,128
	Total	$	105,036
	At September 30, 2014, the Company had firm commitments to sell $1.4 million of residential loans to the FHLMC. Typically, these agreements are short term fixed rate commitments and no material gain or loss is likely.
	Other Contractual Obligations.  In connection with certain asset sales, the Company typically makes representations and warranties about the underlying assets conforming to specified guidelines. If the underlying assets do not conform to the specifications, the Company may have an obligation to repurchase the assets or indemnify the purchaser against loss. At September 30, 2014, loans under warranty totaled $118.3 million, which substantially represents the unpaid principal balance of the Company’s loans serviced for FHLMC. The Company believes that the potential for loss under these arrangements is remote.  Accordingly, no contingent liability has been recorded in the consolidated financial statements.
	The Company is party to litigation arising in the ordinary course of business. In the opinion of management, these actions will not have a material effect, if any, on the Company’s financial position, results of operations and cash flows.

Basis_of_Presentation_Presenta

Basis of Presentation: Presentation of Accounting Policies (Policies)	6 Months Ended
	Sep. 30, 2014
Policies	'
Presentation of Accounting Policies	'
	The accompanying unaudited consolidated financial statements were prepared in accordance with instructions for Quarterly Reports on Form 10-Q and, therefore, do not include all disclosures necessary for a complete presentation of financial condition, results of operations and cash flows in conformity with accounting principles generally accepted in the United States of America (“GAAP”). However, all adjustments that are, in the opinion of management, necessary for a fair presentation of the interim unaudited financial statements have been included. All such adjustments are of a normal recurring nature.
	The unaudited consolidated financial statements should be read in conjunction with the audited financial statements included in the Riverview Bancorp, Inc. Annual Report on Form 10-K for the year ended March 31, 2014 (“2014 Form 10-K”). The results of operations for the six months ended September 30, 2014 are not necessarily indicative of the results, which may be expected for the fiscal year ending March 31, 2015. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period.  Actual results could differ from those estimates.

Principles_of_Consolidation_Co

Principles of Consolidation: Consolidation Policy (Policies)	6 Months Ended
	Sep. 30, 2014
Policies	'
Consolidation Policy	'
	The accompanying consolidated financial statements include the accounts of: Riverview Bancorp, Inc.; its wholly-owned subsidiary, Riverview Community Bank (the “Bank”); the Bank’s wholly-owned subsidiary, Riverview Services, Inc.; and the Bank’s majority owned subsidiary, Riverview Asset Management Corp. (“RAMCorp”) (collectively referred to as the “Company”). All inter-company transactions and balances have been eliminated in consolidation.

Stock_Plans_And_StockBased_Com1

Stock Plans And Stock-Based Compensation: Share Based Compensation Option and Incentive Plans Policy (Policies)	6 Months Ended
	Sep. 30, 2014
Policies	'
Share Based Compensation Option and Incentive Plans Policy	'
	In July 1998, shareholders of the Company approved the adoption of the 1998 Stock Option Plan (“1998 Plan”). The 1998 Plan was effective October 1998 and expired in October 2008. Accordingly, no further option awards may be granted under the 1998 Plan; however, any awards granted prior to its expiration remain outstanding subject to their terms. Each option granted under the 1998 Plan has an exercise price equal to the fair market value of the Company’s common stock on the date of the grant, a maximum term of ten years and a vesting period from zero to five years.
	In July 2003, shareholders of the Company approved the adoption of the 2003 Stock Option Plan (“2003 Plan”). The 2003 Plan was effective July 2003 and expired in July 2013. Accordingly, no further option awards may be granted under the 2003 Plan; however, any awards granted prior to its expiration remain outstanding subject to their terms. Each option granted under the 2003 Plan has an exercise price equal to the fair market value of the Company’s common stock on the date of the grant, a maximum term of ten years and a vesting period from zero to five years.

Earnings_Per_Share_Earnings_Pe

Earnings Per Share: Earnings Per Share Policy, Basic (Policies)	6 Months Ended
	Sep. 30, 2014
Policies	'
Earnings Per Share Policy, Basic	'
	Basic earnings per share (“EPS”) is computed by dividing net income or loss applicable to common stock by the weighted average number of common shares outstanding during the period, without considering any dilutive items.

Earnings_Per_Share_Earnings_Pe1

Earnings Per Share: Earnings Per Share Policy, Diluted (Policies)	6 Months Ended
	Sep. 30, 2014
Policies	'
Earnings Per Share Policy, Diluted	'
	Diluted EPS is computed by dividing net income or loss applicable to common stock by the weighted average number of common shares and common stock equivalents for items that are dilutive, net of shares assumed to be repurchased using the treasury stock method at the average share price for the Company’s common stock during the period. Common stock equivalents arise from assumed exercise of outstanding stock options. Shares owned by the Company’s Employee Stock Ownership Plan (“ESOP”) that have not been allocated are not considered to be outstanding for the purpose of computing earnings per share.

Stock_Plans_And_StockBased_Com2

Stock Plans And Stock-Based Compensation: Schedule of Stock Options Outstanding (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Stock Options Outstanding	'
		Six Months Ended				Six Months Ended
		30-Sep-14				30-Sep-13
		Number of Shares			Weighted Average Exercise Price	Number of Shares			Weighted Average Exercise Price
	Balance, beginning of period	474,654		$	7.91	407,500		$	9.05
	Grants	-			-	87,154			2.78
	Options exercised	-			-	-			-
	Forfeited	-			-	-			-
	Expired	(32,000	)		9.55	(20,000	)		8.98
	Balance, end of period	442,654		$	7.79	474,654		$	7.91

Stock_Plans_And_StockBased_Com3

Stock Plans And Stock-Based Compensation: Schedule of Stock Options Outstanding, less estimated forfeitures (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Stock Options Outstanding, less estimated forfeitures	'
		Six Months		Six Months
		Ended		Ended
		30-Sep-14		30-Sep-13
	Stock options fully vested and expected to vest:
	Number		442,504		469,896
	Weighted average exercise price	$	7.79	$	7.96
	Aggregate intrinsic value (1)	$	151,000	$	3,000
	Weighted average contractual term of options (years)		4.2		5.06
	Stock options fully vested and currently exercisable:
	Number		442,054		385,300
	Weighted average exercise price	$	7.79	$	9.1
	Aggregate intrinsic value (1)	$	150,000	$	3,000
	Weighted average contractual term of options (years)		4.2		4.04
	(1)  The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price) that would have been received by the option holders had all option holders exercised.  This amount changes based on changes in the market value of the Company’s stock.

Stock_Plans_And_StockBased_Com4

Stock Plans And Stock-Based Compensation: Schedule of Black Scholes model assumptions for fair value of stock options granted (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Black Scholes model assumptions for fair value of stock options granted	'
		Risk Free Interest Rate	Expected	Expected	Expected
			Life (years)	Volatility	Dividends
	Fiscal 2014	1.95%	6.25	51.87%	2.04%

Earnings_Per_Share_Schedule_of

Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Earnings Per Share, Basic and Diluted	'
			Three Months Ended September 30,				Six Months Ended
							September 30,
			2014		2013		2014		2013
	Basic EPS computation:
	Numerator-net income	$	1,084,000	$	341,000	$	1,824,000	$	1,981,000
	Denominator-weighted average common shares outstanding		22,388,753		22,364,120		22,385,691		22,361,058
	Basic EPS	$	0.05	$	0.02	$	0.08	$	0.09
	Diluted EPS computation:
	Numerator-net income	$	1,084,000	$	341,000	$	1,824,000	$	1,981,000
	Denominator-weighted average common shares outstanding		22,388,753		22,364,120		22,385,691		22,361,058
	Effect of dilutive stock options		30,716		1,340		28,521		883
	Weighted average common shares and common stock equivalents		22,419,469		22,365,460		22,414,212		22,361,941
	Diluted EPS	$	0.05	$	0.02	$	0.08	$	0.09

Investment_Securities_Availabl

Investment Securities: Available-for-sale Securities (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Available-for-sale Securities	'
		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	30-Sep-14
	Trust preferred	$	1,919	$	-	$	(34	)	$	1,885
	Agency securities		17,954		48		(316	)		17,686
	Total	$	19,873	$	48	$	(350	)	$	19,571
	31-Mar-14
	Trust preferred	$	1,919	$	-	$	(16	)	$	1,903
	Agency securities		21,947		6		(462	)		21,491
	Total	$	23,866	$	6	$	(478	)	$	23,394

Investment_Securities_Schedule

Investment Securities: Schedule of Held to Maturity Securities, Contractual maturities (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Held to Maturity Securities, Contractual maturities	'
			Amortized		Estimated
	30-Sep-14		Cost		Fair Value
	Due in one year or less	$	-	$	-
	Due after one year through five years		16,945		16,666
	Due after five years through ten years		1,009		1,020
	Due after ten years		1,919		1,885
	Total	$	19,873	$	19,571

Investment_Securities_Schedule1

Investment Securities: Schedule of Temporarily Impaired Securities, Fair Value and Unrealized losses (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Temporarily Impaired Securities, Fair Value and Unrealized losses	'
		Less than 12 months					12 months or longer					Total
			Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
			Value		Losses			Value		Losses			Value		Losses
	30-Sep-14
	Trust preferred	$	1,885	$	(34	)	$	-	$	-		$	1,885	$	(34	)
	Agency securities		-		-			12,684		(316	)		12,684		(316	)
	Total	$	1,885	$	(34	)	$	12,684	$	(316	)	$	14,569	$	(350	)
	31-Mar-14
	Trust preferred	$	1,903	$	(16	)	$	-	$	-		$	1,903	$	(16	)
	Agency securities		17,985		(462	)		-		-			17,985		(462	)
	Total	$	19,888	$	(478	)	$	-	$	-		$	19,888	$	(478	)

Mortgagebacked_Securities_Sche

Mortgage-backed Securities: Schedule of mortgage-backed securities held to maturity (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of mortgage-backed securities held to maturity	'
			Amortized		Gross Unrealized		Gross Unrealized		Estimated
			Cost		Gains		Losses		Fair
									Value
	30-Sep-14
	Mortgage-backed securities (1)	$	90	$	2	$	-	$	92
	31-Mar-14
	Mortgage-backed securities (1)	$	101	$	3	$	-	$	104
	(1) Comprised of Federal National Mortgage Association (“FNMA”) and Federal Home Loan Mortgage Corporation (“ FHLMC”) issued securities.

Mortgagebacked_Securities_Sche1

Mortgage-backed Securities: Schedule of held-to-maturity mortgage-backed securities, Contractual Maturities (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of held-to-maturity mortgage-backed securities, Contractual Maturities	'
	30-Sep-14		Amortized		Estimated
			Cost		Fair Value
	Due in one year or less	$	-	$	-
	Due after one year through five years		-		-
	Due after five years through ten years		77		78
	Due after ten years		13		14
	Total	$	90	$	92

Mortgagebacked_Securities_Sche2

Mortgage-backed Securities: Schedule of available-for-sale mortgage-backed securities (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of available-for-sale mortgage-backed securities	'
	30-Sep-14		Amortized		Gross Unrealized		Gross Unrealized			Estimated
			Cost		Gains		Losses			Fair
										Value
	Real estate mortgage investment conduits (1)	$	25,151	$	20	$	(82	)	$	25,089
	Mortgage-backed securities (2)		89,909		341		(322	)		89,928
	Other mortgage-backed securities (3)		5,699		37		(13	)		5,723
	Total	$	120,759	$	398	$	(417	)	$	120,740
	31-Mar-14
	Real estate mortgage investment conduits	$	7,218	$	9	$	(77	)	$	7,150
	Mortgage-backed securities		65,858		102		(547	)		65,413
	Other mortgage-backed securities		6,007		18		(13	)		6,012
	Total	$	79,083	$	129	$	(637	)	$	78,575
	(1) Comprised of FHLMC and FNMA issued securities.
	(2) Comprised of FHLMC, FNMA and Ginnie Mae (“GNMA”) issued securities.
	(3) Comprised of U.S. Small Business Administration (“SBA”) issued securities and Commercial Real Estate (“CRE”) secured securities issued by private issuers.

Mortgagebacked_Securities_Sche3

Mortgage-backed Securities: Schedule of available-for-sale mortgage-backed securities, Contractual Maturities (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of available-for-sale mortgage-backed securities, Contractual Maturities	'
	30-Sep-14		Amortized		Estimated
			Cost		Fair Value
	Due in one year or less	$	-	$	-
	Due after one year through five years		15		15
	Due after five years through ten years		12,420		12,484
	Due after ten years		108,324		108,241
	Total	$	120,759	$	120,740

Mortgagebacked_Securities_Sche4

Mortgage-backed Securities: Schedule of Temporarily Impaired Mortgage-backed securities, Fair Value and Unrealized Losses (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Temporarily Impaired Mortgage-backed securities, Fair Value and Unrealized Losses	'
		Less than 12 months					12 months or longer					Total
			Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
			Value		Losses			Value		Losses			Value		Losses
	30-Sep-14
	Real estate mortgage investment conduits	$	18,852	$	(82	)	$	-	$	-		$	18,852	$	(82	)
	Mortgage-backed securities (1)		31,596		(110	)		5,221		(212	)		36,817		(322	)
	Other mortgage-backed securities (2)		757		(7	)		708		(6	)		1,465		(13	)
	Total	$	51,205	$	(199	)	$	5,929	$	(218	)	$	57,134	$	(417	)
	31-Mar-14
	Real estate mortgage investment conduits	$	4,996	$	(77	)	$	-	$	-		$	4,996	$	(77	)
	Mortgage-backed securities		49,177		(547	)		-		-			49,177		(547	)
	Other mortgage-backed securities		1,526		(13	)		-		-			1,526		(13	)
	Total	$	55,699	$	(637	)	$	-	$	-		$	55,699	$	(637	)
	(1) Comprised of FHLMC and FNMA issued securities.
	(2) Comprised of SBA issued securities.

Loans_Receivable_Schedule_of_A

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Accounts, Notes, Loans and Financing Receivable	'
			September 30,		March 31,
			2014		2014
	Commercial and construction
	Commercial business	$	80,930	$	71,632
	Other real estate mortgage (1)		329,056		324,881
	Real estate construction		18,843		19,482
	Total commercial and construction		428,829		415,995
	Consumer
	Real estate one-to-four family		94,536		93,007
	Other installment		29,422		24,486
	Total consumer		123,958		117,493
	Total loans		552,787		533,488
	Less:  Allowance for loan losses		12,001		12,551
	Loans receivable, net	$	540,786	$	520,937
	(1) Other real estate mortgage consists of commercial real estate, land and multi-family loans

Allowance_for_Loan_Losses_Sche

Allowance for Loan Losses: Schedule of reconciliation of the allowance for loan losses (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of reconciliation of the allowance for loan losses	'
	Three months ended		Commercial  Business			Commercial Real Estate			Land			Multi-Family			Real Estate Construction			Consumer			Unallocated			Total
	30-Sep-14
	Beginning balance	$	1,606		$	5,393		$	297		$	260		$	354		$	2,862		$	1,509		$	12,281
	Provision for (recapture of) loan losses		44			(203	)		(89	)		100			(35	)		(127	)		(40	)		(350	)
	Charge-offs		(73	)		(3	)		-			-			-			(28	)		-			(104	)
	Recoveries		2			-			57			-			-			115			-			174
	Ending balance	$	1,579		$	5,187		$	265		$	360		$	319		$	2,822		$	1,469		$	12,001
	Six months ended		Commercial  Business			Commercial Real Estate			Land			Multi-Family			Real Estate Construction			Consumer			Unallocated			Total
	30-Sep-14
	Beginning balance	$	2,409		$	5,269		$	340		$	203		$	387		$	2,653		$	1,290		$	12,551
	Provision for (recapture of) loan losses		(762	)		(54	)		(193	)		157			(68	)		91			179			(650	)
	Charge-offs		(73	)		(28	)		-			-			-			(58	)		-			(159	)
	Recoveries		5			-			118			-			-			136			-			259
	Ending balance	$	1,579		$	5,187		$	265		$	360		$	319		$	2,822		$	1,469		$	12,001
	Three months ended		Commercial			Commercial			Land			Multi-			Real			Consumer			Unallocated			Total
	30-Sep-13		Business			Real						Family			Estate
						Estate									Construction
	Beginning balance	$	1,694		$	5,568		$	1,294		$	332		$	239		$	2,633		$	1,937		$	13,697
	Provision for (recapture of) loan losses		230			1,317			(479	)		(63	)		(4	)		(896	)		(105	)		-
	Charge-offs		(44	)		(98	)		(37	)		-			-			(18	)		-			(197	)
	Recoveries		33			-			37			-			-			126			-			196
	Ending balance	$	1,913		$	6,787		$	815		$	269		$	235		$	1,845		$	1,832		$	13,696
	Six months ended		Commercial			Commercial			Land			Multi-			Real			Consumer			Unallocated			Total
	30-Sep-13		Business			Real						Family			Estate
						Estate									Construction
	Beginning balance	$	2,128		$	5,979		$	2,019		$	541		$	221		$	2,949		$	1,806		$	15,643
	Provision for (recapture of) loan losses		(333	)		965			(1,678	)		(272	)		17			(1,225	)		26			(2,500	)
	Charge-offs		(99	)		(172	)		(45	)		-			(7	)		(156	)		-			(479	)
	Recoveries		217			15			519			-			4			277			-			1,032
	Ending balance	$	1,913		$	6,787		$	815		$	269		$	235		$	1,845		$	1,832		$	13,696

Allowance_for_Loan_Losses_Sche1

Allowance for Loan Losses: Schedule of Impaired Financing Receivables (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Impaired Financing Receivables	'
		Allowance for loan losses						Recorded investment in loans
	30-Sep-14		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total
	Commercial business	$	-	$	1,579	$	1,579	$	1,217	$	79,713	$	80,930
	Commercial real estate		124		5,063		5,187		17,125		265,572		282,697
	Land		-		265		265		800		13,924		14,724
	Multi-family		-		360		360		2,307		29,328		31,635
	Real estate construction		-		319		319		-		18,843		18,843
	Consumer		132		2,690		2,822		2,690		121,268		123,958
	Unallocated		-		1,469		1,469		-		-		-
	Total	$	256	$	11,745	$	12,001	$	24,139	$	528,648	$	552,787
	31-Mar-14
	Commercial business	$	-	$	2,409	$	2,409	$	947	$	70,685	$	71,632
	Commercial real estate		137		5,132		5,269		18,122		269,386		287,508
	Land		-		340		340		858		15,387		16,245
	Multi-family		-		203		203		2,014		19,114		21,128
	Real estate construction		-		387		387		-		19,482		19,482
	Consumer		142		2,511		2,653		4,009		113,484		117,493
	Unallocated		-		1,290		1,290		-		-		-
	Total	$	279	$	12,272	$	12,551	$	25,950	$	507,538	$	533,488

Allowance_for_Loan_Losses_Fina

Allowance for Loan Losses: Financing Receivables, Aging of loans (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Financing Receivables, Aging of loans	'
	30-Sep-14		30-89 Days Past Due		90 Days and Greater (Non-Accrual)		Total Past Due		Current		Total Loans Receivable		Recorded Investment > 90 Days and Accruing
	Commercial business	$	-	$	112	$	112	$	80,818	$	80,930	$	-
	Commercial real estate		1,648		7,060		8,708		273,989		282,697		-
	Land		-		800		800		13,924		14,724		-
	Multi-family		-		2,307		2,307		29,328		31,635		-
	Real estate construction		-		-		-		18,843		18,843		-
	Consumer		449		1,463		1,912		122,046		123,958		-
	Total	$	2,097	$	11,742	$	13,839	$	538,948	$	552,787	$	-
	31-Mar-14
	Commercial business	$	120	$	452	$	572	$	71,060	$	71,632	$	-
	Commercial real estate		188		8,067		8,255		279,253		287,508		-
	Land		-		800		800		15,445		16,245		-
	Multi-family		359		2,014		2,373		18,755		21,128		-
	Real estate construction		-		-		-		19,482		19,482		-
	Consumer		1,580		2,729		4,309		113,184		117,493		-
	Total	$	2,247	$	14,062	$	16,309	$	517,179	$	533,488	$	-

Allowance_for_Loan_Losses_Sche2

Allowance for Loan Losses: Schedule of Credit Quality Indicators (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Credit Quality Indicators	'
		30-Sep-14				31-Mar-14
			Weighted-Average Risk Grade		Classified Loans(2)		Weighted-Average Risk Grade		Classified Loans(2)
	Commercial business		3.38	$	1,085		3.54	$	8,419
	Commercial real estate		3.78		13,928		3.87		19,838
	Land		3.84		800		3.88		800
	Multi-family		3.54		2,320		3.81		2,028
	Real estate construction		3.26		-		3.08		-
	Consumer (1)		7		1,463		7		2,729
	Total		3.68	$	19,596		3.82	$	33,814
	Total loans risk rated	$	429,810			$	418,503
	(1)  Consumer loans are primarily evaluated on a homogenous pool level and generally not individually risk rated unless certain factors are met.
	(2)  Classified loans consist of substandard, doubtful and loss loans.

Allowance_for_Loan_Losses_Impa

Allowance for Loan Losses: Impaired Financing Receivables (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Impaired Financing Receivables	'
	30-Sep-14		Recorded Investment with No Specific Valuation Allowance		Recorded Investment with Specific Valuation Allowance		Total Recorded Investment		Unpaid Principal Balance			Related Specific Valuation Allowance
	Commercial business	$	1,217	$	-	$	1,217	$	1,350	$		-
	Commercial real estate		16,780		345		17,125		17,929			124
	Land		800		-		800		804			-
	Multi-family		2,307		-		2,307		2,470			-
	Consumer		1,294		1,396		2,690		3,279			132
	Total	$	22,398	$	1,741	$	24,139	$	25,832	$		256
	31-Mar-14		Recorded Investment with No Specific Valuation Allowance		Recorded Investment with Specific Valuation Allowance		Total Recorded Investment		Unpaid Principal Balance		Related Specific Valuation Allowance
	Commercial business	$	947	$	-	$	947	$	1,067	$	-
	Commercial real estate		17,956		166		18,122		20,601		137
	Land		858		-		858		861		-
	Multi-family		2,014		-		2,014		2,103		-
	Consumer		2,596		1,413		4,009		4,639		142
	Total	$	24,371	$	1,579	$	25,950	$	29,271	$	279

Allowance_for_Loan_Losses_Sche3

Allowance for Loan Losses: Schedule of Impaired Loans, Average Recorded Investment and Interest Recognized (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Impaired Loans, Average Recorded Investment and Interest Recognized	'
		Three Months ended				Three Months ended
		30-Sep-14				30-Sep-13
			Average Recorded Investment		Interest Recognized on Impaired Loans		Average Recorded Investment		Interest Recognized on Impaired Loans
	Commercial business	$	1,074	$	11	$	1,264	$	19
	Commercial real estate		17,286		114		21,442		117
	Land		813		-		1,832		1
	Multi-family		2,326		-		2,932		-
	Real estate construction		-		-		84		-
	Consumer		3,336		19		3,321		12
	Total	$	24,835	$	144	$	30,875	$	149
		Six Months ended				Six Months ended
		30-Sep-14				30-Sep-13
			Average Recorded Investment		Interest Recognized on Impaired Loans		Average Recorded Investment		Interest Recognized on Impaired Loans
	Commercial business	$	1,031	$	22	$	1,069	$	23
	Commercial real estate		17,565		225		20,783		250
	Land		828		-		2,378		4
	Multi-family		2,222		-		3,237		16
	Real estate construction		-		-		114		-
	Consumer		3,560		38		3,858		23
	Total	$	25,206	$	285	$	31,439	$	316

Allowance_for_Loan_Losses_Trou

Allowance for Loan Losses: Troubled Debt Restructurings on Financing Receivables (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Troubled Debt Restructurings on Financing Receivables	'
		Six Months Ended September 30, 2014						Six Months Ended September 30, 2013
	(Dollars in Thousands)		Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment	Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
	Commercial real estate		1	$	344	$	340	-	$	-	$	-
	Multi-family		-		-		-	1		2,562		2,532
	Consumer		-		-		-	1		43		42
	Total		1	$	344	$	340	2	$	2,605	$	2,574

Junior_Subordinated_Debenture_

Junior Subordinated Debenture: Schedule of terms of the current Debentures (Tables)	6 Months Ended
	Sep. 30, 2014
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	Dec-05	$	7,217	Variable (1)	5.88	%	1.59	%	Mar-36
	Riverview Bancorp Statutory Trust II	Jun-07		15,464	Variable (2)	7.03	%	1.58	%	Sep-37
			$	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%

Fair_Value_Measurement_Schedul

Fair Value Measurement: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	'
				Fair value measurements using
	30-Sep-14	Fair value		Quoted prices in active markets for identical assets		Other observable inputs		Significant unobservable inputs
				(Level 1)		(Level 2)		(Level 3)
	Investment securities available for sale:
	Trust preferred	$	1,885	$	-	$	-	$	1,885
	Agency securities		17,686		-		17,686		-
	Mortgage-backed securities available for sale:
	Real estate mortgage investment conduits		25,089		-		25,089		-
	Mortgage-backed securities		89,928		-		89,928		-
	Other mortgage-backed securities		5,723		-		5,723		-
	Total recurring assets measured at fair value	$	140,311	$	-	$	138,426	$	1,885
	31-Mar-14	Fair value		Quoted prices		Other		Significant
				in active		observable		unobservable
				markets for		inputs		inputs
				identical		(Level 2)		(Level 3)
				assets
				(Level 1)
	Investment securities available for sale:
	Trust preferred	$	1,903	$	-	$	-	$	1,903
	Agency securities		21,491		-		21,491		-
	Mortgage-backed securities available for sale:
	Real estate mortgage investment conduits		7,150		-		7,150		-
	Mortgage-backed securities		65,413		-		65,413		-
	Other mortgage-backed securities		6,012		-		6,012		-
	Total recurring assets measured at fair value	$	101,969	$	-	$	100,066	$	1,903

Fair_Value_Measurement_Fair_Va

Fair Value Measurement: Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	'
			For the Six Months Ended September 30, 2014			For the Six Months Ended September 30, 2013
			Available for sale securities			Available for sale securities
	Beginning balance	$	1,903		$	1,238
	Transfers in to Level 3		-			-
	Included in earnings (1)		-			-
	Included in other comprehensive income		(18	)		689
	Ending balance	$	1,885		$	1,927
	(1) Included in other non-interest income.

Fair_Value_Measurement_Schedul1

Fair Value Measurement: Schedule of Assets measured at fair value on a non-recurring basis (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of Assets measured at fair value on a non-recurring basis	'
				Fair value measurements using
	30-Sep-14	Fair value		Quoted prices in active markets for identical assets		Other observable inputs		Significant unobservable inputs
				(Level 1)		(Level 2)		(Level 3)
	Impaired loans	$	1,504	$	-	$	-	$	1,504
	Real estate owned		2,686		-		-		2,686
	Total nonrecurring assets measured at fair value	$	4,190	$	-	$	-	$	4,190

Fair_Value_Measurement_Fair_Va1

Fair Value Measurement: Fair Value Measurements, Nonrecurring, Valuation Techniques (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Fair Value Measurements, Nonrecurring, Valuation Techniques	'
		Valuation technique	Significant unobservable inputs	Range (1)
	Impaired loans	Appraised value	Adjustment for market conditions	0%
	Real estate owned	Appraised value	Adjustment for market conditions	0%
	(1) There were no adjustments to appraised values at September 30, 2014.

Fair_Value_Of_Financial_Instru1

Fair Value Of Financial Instruments: Fair Value, Option, Quantitative Disclosures (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Fair Value, Option, Quantitative Disclosures	'
				Quoted prices in active markets for identical assets		Other observable inputs		Significant unobservable inputs
	30-Sep-14	Carry value		(Level 1)		(Level 2)		(Level 3)			Fair value
	Assets:
	Cash	$	30,988	$	30,988	$	-	$	-	$	30,988
	Certificates of deposit held for investment		32,941		-		33,126		-		33,126
	Investment securities available for sale		19,571		-		17,686		1,885		19,571
	Mortgage-backed securities held to maturity		90		-		92		-		92
	Mortgage-backed securities available for sale		120,740		-		120,740		-		120,740
	Loans receivable, net		540,786		-		-		500,334		500,334
	Loans held for sale		353		-		353		-		353
	Federal Home Loan Bank stock		6,324		-		6,324		-		6,324
	Liabilities:
	Demand – savings deposits		553,589		553,589		-		-		553,589
	Time deposits		149,046		-		148,942		-		148,942
	Junior subordinated debentures		22,681		-		-		10,576		10,576
	31-Mar-14	Carry value		Quoted prices in active markets for identical assets (Level 1)		Other observable inputs		Significant unobservable inputs			Fair value
						(Level 2)		(Level 3)
	Assets:
	Cash	$	68,577	$	68,577	$	-	$	-	$	68,577
	Certificates of deposit held for investment		36,925		-		37,176		-		37,176
	Investment securities available for sale		23,394		-		21,491		1,903		23,394
	Mortgage-backed securities held to maturity		101		-		104		-		104
	Mortgage-backed securities available for sale		78,575		-		78,575		-		78,575
	Loans receivable, net		520,937		-		-		480,454		480,454
	Loans held for sale		1,024		-		1,024		-		1,024
	Federal Home Loan Bank stock		6,744		-		6,744		-		6,744
	Liabilities:
	Demand – savings deposits		527,813		527,813		-		-		527,813
	Time deposits		162,253		-		162,020		-		162,020
	Junior subordinated debentures		22,681		-		-		11,233		11,233

Commitments_and_Contingencies_

Commitments and Contingencies: Schedule of significant off-balance sheet commitments (Tables)	6 Months Ended
	Sep. 30, 2014
Tables/Schedules	'
Schedule of significant off-balance sheet commitments	'
			Contract or Notional Amount
	Commitments to originate loans:
	Adjustable-rate	$	17,121
	Fixed-rate		1,996
	Standby letters of credit		791
	Undisbursed loan funds, and unused lines of credit		85,128
	Total	$	105,036

Stock_Plans_And_StockBased_Com5

Stock Plans And Stock-Based Compensation: Share Based Compensation Option and Incentive Plans Policy (Details)	6 Months Ended
	Sep. 30, 2014
1998 Stock Option Plan	'
Share-based Compensation Arrangement by Share-based Payment Award, Description	'In July 1998, shareholders of the Company approved the adoption of the 1998 Stock Option Plan (“1998 Plan”). The 1998 Plan was effective October 1998 and expired in October 2008.
2003 Stock Option Plan	'
Share-based Compensation Arrangement by Share-based Payment Award, Description	'In July 2003, shareholders of the Company approved the adoption of the 2003 Stock Option Plan (“2003 Plan”). The 2003 Plan was effective July 2003 and expired in July 2013.
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	0

Stock_Plans_And_StockBased_Com6

Stock Plans And Stock-Based Compensation: Schedule of Stock Options Outstanding (Details) (1998 and 2003 Stock Option Plan, USD $)	6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
1998 and 2003 Stock Option Plan	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Beginning Balance	474,654	407,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning Balance	$7.91	$9.05
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	'	87,154
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	'	$2.78
Share-based Compensation Arrangement by Share-based Payment Award, Options, Expirations in Period	-32,000	-20,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Expirations in Period, Weighted Average Exercise Price	$9.55	$8.98
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance	442,654	474,654
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance	$7.79	$7.91

Stock_Plans_And_StockBased_Com7

Stock Plans And Stock-Based Compensation: Schedule of Stock Options Outstanding, less estimated forfeitures (Details) (2003 Stock Option Plan, USD $)	6 Months Ended
	Sep. 30, 2014		Sep. 30, 2013
2003 Stock Option Plan	'		'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	442,504		469,896
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$7.79		$7.96
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	$151,000	[1]	$3,000	[1]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term	'4 years 2 months 12 days		'5 years 22 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Number	442,054		385,300
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Exercise Price	$7.79		$9.10
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value	$150,000	[1]	$3,000	[1]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Remaining Contractual Term	'4 years 2 months 12 days		'4 years 14 days
[1]	The aggregate intrinsic value of a stock options represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price) that would have been received by the option holders had all option holders exercised. This amount changes based on changes in the market value of the CompanyBs common stock.

Stock_Plans_And_StockBased_Com8

Stock Plans And Stock-Based Compensation (Details) (1998 and 2003 Stock Option Plan, USD $)	6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
1998 and 2003 Stock Option Plan	'	'
Allocated Share-based Compensation Expense	$27,000	$26,000
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used	'The fair value of each stock option granted is estimated on the date of grant using the Black-Scholes based stock option valuation model.	'

Stock_Plans_And_StockBased_Com9

Stock Plans And Stock-Based Compensation: Schedule of Black Scholes model assumptions for fair value of stock options granted (Details) (Fiscal 2014, fair value of options)	6 Months Ended
	Sep. 30, 2014
Fiscal 2014, fair value of options	'
Fair Value Assumptions, Risk Free Interest Rate	1.95%
Fair Value Assumptions, Expected Term	'6 years 3 months
Fair Value Assumptions, Expected Volatility Rate	51.87%
Fair Value Assumptions, Expected Dividend Rate	2.04%

Earnings_Per_Share_Details

Earnings Per Share (Details)	3 Months Ended		6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Details	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	330,000	447,000	331,000	427,000

Earnings_Per_Share_Schedule_of1

Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Net Income (Loss)	$1,084	$341	$1,824	$1,981
Weighted average number of shares outstanding, Basic	22,388,753	22,364,120	22,385,691	22,361,058
Basic earnings	$0.05	$0.02	$0.08	$0.09
Weighted average number of shares outstanding, Diluted	22,419,469	22,365,460	22,414,212	22,361,941
Diluted earnings	$0.05	$0.02	$0.08	$0.09
EPS Computation	'	'	'	'
Net Income (Loss)	$1,084	$341	$1,824	$1,981
Weighted average number of shares outstanding, Basic	22,388,753	22,364,120	22,385,691	22,361,058
Basic earnings	$0.05	$0.02	$0.08	$0.09
Weighted average number of shares outstanding, Diluted	22,388,753	22,364,120	22,385,691	22,361,058
Effect of dilutive stock options	30,716	1,340	28,521	883
Weighted average common shares and common stock equivalents	22,419,469	22,365,460	22,414,212	22,361,941
Diluted earnings	$0.05	$0.02	$0.08	$0.09

Investment_Securities_Availabl1

Investment Securities: Available-for-sale Securities (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Investment Securities	'	'
Available-for-sale Securities, Amortized Cost Basis	$19,873	$23,866
Available-for-sale Securities, Gross Unrealized Gains	48	6
Available-for-sale Securities, Gross Unrealized Losses	-350	-478
Available-for-sale Securities, Fair Value Disclosure	19,571	23,394
Trust preferred	'	'
Available-for-sale Securities, Amortized Cost Basis	1,919	1,919
Available-for-sale Securities, Gross Unrealized Losses	-34	-16
Available-for-sale Securities, Fair Value Disclosure	1,885	1,903
US Government Agencies Debt Securities	'	'
Available-for-sale Securities, Amortized Cost Basis	17,954	21,947
Available-for-sale Securities, Gross Unrealized Gains	48	6
Available-for-sale Securities, Gross Unrealized Losses	-316	-462
Available-for-sale Securities, Fair Value Disclosure	$17,686	$21,491

Investment_Securities_Schedule2

Investment Securities: Schedule of Held to Maturity Securities, Contractual maturities (Details) (Investment Securities, USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Investment Securities	'
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis	$16,945
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value	16,666
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Amortized Cost Basis	1,009
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Fair Value	1,020
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	1,919
Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value	1,885
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis	19,873
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Fair Value	$19,571

Investment_Securities_Schedule3

Investment Securities: Schedule of Temporarily Impaired Securities, Fair Value and Unrealized losses (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Trust preferred	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$1,885	$1,903
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	-34	-16
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,885	1,903
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	-34	-16
US Government Agencies Debt Securities	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	'	17,985
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	'	-462
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	12,684	'
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	-316	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	12,684	17,985
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	-316	-462
Investment Securities	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	1,885	19,888
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	-34	-478
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	12,684	'
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	-316	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	14,569	19,888
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	($350)	($478)

Investment_Securities_Details

Investment Securities (Details) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Details	'	'	'	'
Available-for-sale Securities, Gross Realized Gains (Losses), Sale Proceeds	$0	$0	$0	$0

Investment_Securities_Schedule4

Investment Securities: Schedule of Investment Securities pledged as collateral (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
Details	'	'
Investment securities pledged as collateral, amortized cost	$1,000,000	$1,000,000
Investment securities pledged as collateral, fair value	$981,000	$975,000

Mortgagebacked_Securities_Sche5

Mortgage-backed Securities: Schedule of mortgage-backed securities held to maturity (Details) (Mortgage-backed, USD $)	Sep. 30, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Mortgage-backed	'		'
Held-to-maturity Securities, Amortized Cost before Other than Temporary Impairment	$90	[1]	$101	[1]
Held-to-maturity Securities, Unrecognized Holding Gain	2	[1]	3	[1]
Fair Value of Investment securities held to maturity	$92	[1]	$104	[1]
[1]	Comprised of Federal National Mortgage Association (BFNMAB) and Federal Home Loan Mortgage Corporation (B FHLMCB) issued securities.

Mortgagebacked_Securities_Sche6

Mortgage-backed Securities: Schedule of held-to-maturity mortgage-backed securities, Contractual Maturities (Details) (Collateralized Mortgage Backed Securities, USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Collateralized Mortgage Backed Securities	'
Held-to-maturity Securities, Debt Maturities, after Five Through Ten Years, Net Carrying Amount	$77
Held-to-maturity Securities, Debt Maturities, Year Six Through Ten, Fair Value	78
Held-to-maturity Securities, Debt Maturities, after Ten Years, Net Carrying Amount	13
Held-to-maturity Securities, Debt Maturities, after Ten Years, Fair Value	14
Held-to-maturity Securities, Debt Maturities, Net Carrying Amount	90
Held-to-maturity Securities, Debt Maturities, Fair Value	$92

Mortgagebacked_Securities_Deta

Mortgage-backed Securities (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
Details	'	'
Mortgage-backed securities held to maturity pledged as collateral, Amortized Cost	$29,000	$36,000
Mortgage-backed securities held to maturity pledged as collateral, Fair Value	29,000	37,000
Available-for-sale mortgage-backed securities pledged as collateral, Amortized Cost	1,600,000	1,700,000
Available-for-sale mortgage-backed securities pledged as collateral, Fair Value	$1,600,000	$1,700,000

Mortgagebacked_Securities_Sche7

Mortgage-backed Securities: Schedule of available-for-sale mortgage-backed securities (Details) (USD $)	Sep. 30, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Real estate mortgage investment conduits	'		'
Available-for-sale Securities, Amortized Cost Basis	$25,151		$7,218
Available-for-sale Securities, Gross Unrealized Gains	20		9
Available-for-sale Securities, Gross Unrealized Losses	-82		-77
Available-for-sale Securities, Fair Value Disclosure	25,089		7,150
Mortgage-backed	'		'
Available-for-sale Securities, Amortized Cost Basis	89,909	[1]	65,858
Available-for-sale Securities, Gross Unrealized Gains	341	[1]	102
Available-for-sale Securities, Gross Unrealized Losses	-322	[1]	-547
Available-for-sale Securities, Fair Value Disclosure	89,928	[1]	65,413
Other mortgage-backed securities	'		'
Available-for-sale Securities, Amortized Cost Basis	5,699	[2]	6,007
Available-for-sale Securities, Gross Unrealized Gains	37	[2]	18
Available-for-sale Securities, Gross Unrealized Losses	-13	[2]	-13
Available-for-sale Securities, Fair Value Disclosure	5,723	[2]	6,012
Total Real Estate mortgage investment conduits and mortgage-backed securities	'		'
Available-for-sale Securities, Amortized Cost Basis	120,759		79,083
Available-for-sale Securities, Gross Unrealized Gains	398		129
Available-for-sale Securities, Gross Unrealized Losses	-417		-637
Available-for-sale Securities, Fair Value Disclosure	$120,740		$78,575
[1]	Comprised of FHLMC, FNMA and Ginnie Mae (BGNMAB) issued securities.
[2]	Comprised of U.S. Small Business Administration (BSBAB) issued securities and Commercial Real Estate (BCREB) secured securities issued by private issuers.

Mortgagebacked_Securities_Sche8

Mortgage-backed Securities: Schedule of available-for-sale mortgage-backed securities, Contractual Maturities (Details) (Collateralized Mortgage Backed Securities, USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Collateralized Mortgage Backed Securities	'
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis	$15
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value	15
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Amortized Cost Basis	12,420
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Fair Value	12,484
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	108,324
Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value	108,241
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis	120,759
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Fair Value	$120,740

Mortgagebacked_Securities_Sche9

Mortgage-backed Securities: Schedule of Temporarily Impaired Mortgage-backed securities, Fair Value and Unrealized Losses (Details) (USD $)	Sep. 30, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Real estate mortgage investment conduits	'		'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$18,852		$4,996
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	-82		-77
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	18,852		4,996
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	-82		-77
Mortgage-backed	'		'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	31,596	[1]	49,177
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	-110	[1]	-547
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	5,221	[1]	'
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	-212	[1]	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	36,817	[1]	49,177
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	-322	[1]	-547
Other mortgage-backed securities	'		'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	757	[2]	1,526
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	-7	[2]	-13
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	708	[2]	'
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	-6	[2]	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,465	[2]	1,526
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	-13	[2]	-13
Total Real Estate mortgage investment conduits and mortgage-backed securities	'		'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	51,205		55,699
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	-199		-637
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	5,929		'
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	-218		'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	57,134		55,699
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	($417)		($637)
[1]	Comprised of FHLMC and FNMA issued securities.
[2]	Comprised of SBA issued securities.

Loans_Receivable_Schedule_of_A1

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable, Gross	$552,787	$533,488
Loans receivable Allowance for Loan Losses	12,001	12,551
Financing Receivable, Net	540,786	520,937
Commercial business	'	'
Financing Receivable, Gross	80,930	71,632
Other real estate mortgage	'	'
Financing Receivable, Gross	329,056	324,881
Real estate construction	'	'
Financing Receivable, Gross	18,843	19,482
Total commercial and construction	'	'
Financing Receivable, Gross	428,829	415,995
Real estate one-to-four family	'	'
Financing Receivable, Gross	94,536	93,007
Other installment	'	'
Financing Receivable, Gross	29,422	24,486
Total consumer	'	'
Financing Receivable, Gross	$123,958	$117,493

Loans_Receivable_Details

Loans Receivable (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Details	'
Loans Pledged as Collateral	$333,400

Allowance_for_Loan_Losses_Sche4

Allowance for Loan Losses: Schedule of reconciliation of the allowance for loan losses (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Loans and Leases Receivable, Allowance, Beginning Balance	$12,281	$13,697	$12,551	$15,643
Allowance for Loan and Lease Losses, Provision for Loss, Gross	-350	'	-650	-2,500
Allowance for Loan and Lease Losses, Charge-offs	-104	-197	-159	-479
Allowance for Loan and Lease Losses, Recoveries of Bad Debts	174	196	259	1,032
Loans and Leases Receivable, Allowance, Ending Balance	12,001	13,696	12,001	13,696
Commercial business	'	'	'	'
Loans and Leases Receivable, Allowance, Beginning Balance	1,606	1,694	2,409	2,128
Allowance for Loan and Lease Losses, Provision for Loss, Gross	44	230	-762	-333
Allowance for Loan and Lease Losses, Charge-offs	-73	-44	-73	-99
Allowance for Loan and Lease Losses, Recoveries of Bad Debts	2	33	5	217
Loans and Leases Receivable, Allowance, Ending Balance	1,579	1,913	1,579	1,913
Commercial Real Estate	'	'	'	'
Loans and Leases Receivable, Allowance, Beginning Balance	5,393	5,568	5,269	5,979
Allowance for Loan and Lease Losses, Provision for Loss, Gross	-203	1,317	-54	965
Allowance for Loan and Lease Losses, Charge-offs	-3	-98	-28	-172
Allowance for Loan and Lease Losses, Recoveries of Bad Debts	'	'	'	15
Loans and Leases Receivable, Allowance, Ending Balance	5,187	6,787	5,187	6,787
Land	'	'	'	'
Loans and Leases Receivable, Allowance, Beginning Balance	297	1,294	340	2,019
Allowance for Loan and Lease Losses, Provision for Loss, Gross	-89	-479	-193	-1,678
Allowance for Loan and Lease Losses, Charge-offs	'	-37	'	-45
Allowance for Loan and Lease Losses, Recoveries of Bad Debts	57	37	118	519
Loans and Leases Receivable, Allowance, Ending Balance	265	815	265	815
Multi-Family	'	'	'	'
Loans and Leases Receivable, Allowance, Beginning Balance	260	332	203	541
Allowance for Loan and Lease Losses, Provision for Loss, Gross	100	-63	157	-272
Loans and Leases Receivable, Allowance, Ending Balance	360	269	360	269
Real estate construction	'	'	'	'
Loans and Leases Receivable, Allowance, Beginning Balance	354	239	387	221
Allowance for Loan and Lease Losses, Provision for Loss, Gross	-35	-4	-68	17
Allowance for Loan and Lease Losses, Charge-offs	'	'	'	-7
Allowance for Loan and Lease Losses, Recoveries of Bad Debts	'	'	'	4
Loans and Leases Receivable, Allowance, Ending Balance	319	235	319	235
Total consumer	'	'	'	'
Loans and Leases Receivable, Allowance, Beginning Balance	2,862	2,633	2,653	2,949
Allowance for Loan and Lease Losses, Provision for Loss, Gross	-127	-896	91	-1,225
Allowance for Loan and Lease Losses, Charge-offs	-28	-18	-58	-156
Allowance for Loan and Lease Losses, Recoveries of Bad Debts	115	126	136	277
Loans and Leases Receivable, Allowance, Ending Balance	2,822	1,845	2,822	1,845
Unallocated	'	'	'	'
Loans and Leases Receivable, Allowance, Beginning Balance	1,509	1,937	1,290	1,806
Allowance for Loan and Lease Losses, Provision for Loss, Gross	-40	-105	179	26
Loans and Leases Receivable, Allowance, Ending Balance	$1,469	$1,832	$1,469	$1,832

Allowance_for_Loan_Losses_Sche5

Allowance for Loan Losses: Schedule of Impaired Financing Receivables (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	$256	$279
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	11,745	12,272
Financing Receivable Allowance for Credit Losses, Evaluated for Impairment	12,001	12,551
Financing Receivable, Individually Evaluated for Impairment	24,139	25,950
Financing Receivable, Collectively Evaluated for Impairment	528,648	507,538
Financing Receivable, Evaluated for Impairment	552,787	533,488
Commercial business	'	'
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	1,579	2,409
Financing Receivable Allowance for Credit Losses, Evaluated for Impairment	1,579	2,409
Financing Receivable, Individually Evaluated for Impairment	1,217	947
Financing Receivable, Collectively Evaluated for Impairment	79,713	70,685
Financing Receivable, Evaluated for Impairment	80,930	71,632
Commercial Real Estate	'	'
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	124	137
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	5,063	5,132
Financing Receivable Allowance for Credit Losses, Evaluated for Impairment	5,187	5,269
Financing Receivable, Individually Evaluated for Impairment	17,125	18,122
Financing Receivable, Collectively Evaluated for Impairment	265,572	269,386
Financing Receivable, Evaluated for Impairment	282,697	287,508
Land	'	'
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	265	340
Financing Receivable Allowance for Credit Losses, Evaluated for Impairment	265	340
Financing Receivable, Individually Evaluated for Impairment	800	858
Financing Receivable, Collectively Evaluated for Impairment	13,924	15,387
Financing Receivable, Evaluated for Impairment	14,724	16,245
Multi-Family	'	'
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	360	203
Financing Receivable Allowance for Credit Losses, Evaluated for Impairment	360	203
Financing Receivable, Individually Evaluated for Impairment	2,307	2,014
Financing Receivable, Collectively Evaluated for Impairment	29,328	19,114
Financing Receivable, Evaluated for Impairment	31,635	21,128
Real estate construction	'	'
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	319	387
Financing Receivable Allowance for Credit Losses, Evaluated for Impairment	319	387
Financing Receivable, Collectively Evaluated for Impairment	18,843	19,482
Financing Receivable, Evaluated for Impairment	18,843	19,482
Total consumer	'	'
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	132	142
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	2,690	2,511
Financing Receivable Allowance for Credit Losses, Evaluated for Impairment	2,822	2,653
Financing Receivable, Individually Evaluated for Impairment	2,690	4,009
Financing Receivable, Collectively Evaluated for Impairment	121,268	113,484
Financing Receivable, Evaluated for Impairment	123,958	117,493
Unallocated	'	'
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	1,469	1,290
Financing Receivable Allowance for Credit Losses, Evaluated for Impairment	$1,469	$1,290

Allowance_for_Loan_Losses_Deta

Allowance for Loan Losses (Details) (USD $)	6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Details	'	'
Interest income foregone on non-accrual loans	$269,000	$612,000
Loans and Leases Receivable, Impaired, Description	'A loan is considered impaired when it is probable that the Company will be unable to collect all amounts (principal and interest) due according to the contractual terms of the original loan agreement. Typically, factors used in determining if a loan is impaired include, but are not limited to, whether the loan is 90 days or more delinquent, internally designated as substandard or worse, on non-accrual status or represents a troubled debt restructuring (“TDR”).	'
Financing Receivable, Modifications, Nature and Extent of Transaction	'TDRs are loans where the Company, for economic or legal reasons related to the borrower's financial condition, has granted a concession to the borrower that it would otherwise not consider. A TDR typically involves a modification of terms such as a reduction of the stated interest rate or face amount of the loan, a reduction of accrued interest, or an extension of the maturity date(s) at a stated interest rate lower than the current market rate for a new loan with similar risk.	'
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	'
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$0	'

Allowance_for_Loan_Losses_Fina1

Allowance for Loan Losses: Financing Receivables, Aging of loans (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable Recorded Investment, 30 to 89 days past due	$2,097	$2,247
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	11,742	14,062
Financing Receivable, Recorded Investment, Past Due	13,839	16,309
Financing Receivable, Recorded Investment, Current	538,948	517,179
Financing Receivable	552,787	533,488
Commercial business	'	'
Financing Receivable Recorded Investment, 30 to 89 days past due	'	120
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	112	452
Financing Receivable, Recorded Investment, Past Due	112	572
Financing Receivable, Recorded Investment, Current	80,818	71,060
Financing Receivable	80,930	71,632
Commercial Real Estate	'	'
Financing Receivable Recorded Investment, 30 to 89 days past due	1,648	188
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	7,060	8,067
Financing Receivable, Recorded Investment, Past Due	8,708	8,255
Financing Receivable, Recorded Investment, Current	273,989	279,253
Financing Receivable	282,697	287,508
Land	'	'
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	800	800
Financing Receivable, Recorded Investment, Past Due	800	800
Financing Receivable, Recorded Investment, Current	13,924	15,445
Financing Receivable	14,724	16,245
Multi-Family	'	'
Financing Receivable Recorded Investment, 30 to 89 days past due	'	359
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	2,307	2,014
Financing Receivable, Recorded Investment, Past Due	2,307	2,373
Financing Receivable, Recorded Investment, Current	29,328	18,755
Financing Receivable	31,635	21,128
Real estate construction	'	'
Financing Receivable, Recorded Investment, Current	18,843	19,482
Financing Receivable	18,843	19,482
Total consumer	'	'
Financing Receivable Recorded Investment, 30 to 89 days past due	449	1,580
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	1,463	2,729
Financing Receivable, Recorded Investment, Past Due	1,912	4,309
Financing Receivable, Recorded Investment, Current	122,046	113,184
Financing Receivable	$123,958	$117,493

Allowance_for_Loan_Losses_Sche6

Allowance for Loan Losses: Schedule of Credit Quality Indicators (Details) (USD $)	Sep. 30, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Weighted Average Risk Grade	3.68		3.82
Loans Receivable, Credit Quality Classified	$19,596	[1]	$33,814	[2]
Total of risk-rated loans	429,810		418,503
Commercial business	'		'
Weighted Average Risk Grade	3.38		3.54
Loans Receivable, Credit Quality Classified	1,085	[1]	8,419	[2]
Commercial Real Estate	'		'
Weighted Average Risk Grade	3.78		3.87
Loans Receivable, Credit Quality Classified	13,928	[1]	19,838	[2]
Land	'		'
Weighted Average Risk Grade	3.84		3.88
Loans Receivable, Credit Quality Classified	800	[1]	800	[2]
Multi-Family	'		'
Weighted Average Risk Grade	3.54		3.81
Loans Receivable, Credit Quality Classified	2,320	[1]	2,028	[2]
Real estate construction	'		'
Weighted Average Risk Grade	3.26		3.08
Total consumer	'		'
Weighted Average Risk Grade	7	[3]	7	[3]
Loans Receivable, Credit Quality Classified	$1,463	[1]	$2,729	[2]
[1]	Classified loans consist of substandard, doubtful and loss loans.
[2]	Classified loans include loans under the credit quality indicator categories of substandard, doubtful and loss.
[3]	Consumer loans are primarily evaluated on a homogenous pool level and generally not individually risk rated unless certain factors are met.

Allowance_for_Loan_Losses_Impa1

Allowance for Loan Losses: Impaired Financing Receivables (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$22,398	$24,371
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,741	1,579
Impaired Financing Receivable, Recorded Investment	24,139	25,950
Impaired Financing Receivable, Unpaid Principal Balance	25,832	29,271
Impaired Financing Receivable, Related Allowance	256	279
Commercial business	'	'
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,217	947
Impaired Financing Receivable, Recorded Investment	1,217	947
Impaired Financing Receivable, Unpaid Principal Balance	1,350	1,067
Commercial Real Estate	'	'
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	16,780	17,956
Impaired Financing Receivable, with Related Allowance, Recorded Investment	345	166
Impaired Financing Receivable, Recorded Investment	17,125	18,122
Impaired Financing Receivable, Unpaid Principal Balance	17,929	20,601
Impaired Financing Receivable, Related Allowance	124	137
Land	'	'
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	800	858
Impaired Financing Receivable, Recorded Investment	800	858
Impaired Financing Receivable, Unpaid Principal Balance	804	861
Multi-Family	'	'
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,307	2,014
Impaired Financing Receivable, Recorded Investment	2,307	2,014
Impaired Financing Receivable, Unpaid Principal Balance	2,470	2,103
Total consumer	'	'
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,294	2,596
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,396	1,413
Impaired Financing Receivable, Recorded Investment	2,690	4,009
Impaired Financing Receivable, Unpaid Principal Balance	3,279	4,639
Impaired Financing Receivable, Related Allowance	$132	$142

Allowance_for_Loan_Losses_Sche7

Allowance for Loan Losses: Schedule of Impaired Loans, Average Recorded Investment and Interest Recognized (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Impaired Financing Receivable, Average Recorded Investment	$24,835	$30,875	$25,206	$31,439
Loans and Leases Receivable, Impaired, Interest Income Recognized	144	149	285	316
Commercial business	'	'	'	'
Impaired Financing Receivable, Average Recorded Investment	1,074	1,264	1,031	1,069
Loans and Leases Receivable, Impaired, Interest Income Recognized	11	19	22	23
Commercial Real Estate	'	'	'	'
Impaired Financing Receivable, Average Recorded Investment	17,286	21,442	17,565	20,783
Loans and Leases Receivable, Impaired, Interest Income Recognized	114	117	225	250
Land	'	'	'	'
Impaired Financing Receivable, Average Recorded Investment	813	1,832	828	2,378
Loans and Leases Receivable, Impaired, Interest Income Recognized	'	1	'	4
Multi-Family	'	'	'	'
Impaired Financing Receivable, Average Recorded Investment	2,326	2,932	2,222	3,237
Loans and Leases Receivable, Impaired, Interest Income Recognized	'	'	'	16
Real estate construction	'	'	'	'
Impaired Financing Receivable, Average Recorded Investment	'	84	'	114
Total consumer	'	'	'	'
Impaired Financing Receivable, Average Recorded Investment	3,336	3,321	3,560	3,858
Loans and Leases Receivable, Impaired, Interest Income Recognized	$19	$12	$38	$23

Allowance_for_Loan_Losses_Trou1

Allowance for Loan Losses: Troubled Debt Restructurings on Financing Receivables (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013
In Thousands, unless otherwise specified
Financing Receivable, Modifications, Number of Contracts	1	2
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$344	$2,605
Financing Receivable, Modifications, Post-Modification Recorded Investment	340	2,574
Commercial Real Estate	'	'
Financing Receivable, Modifications, Number of Contracts	1	'
Financing Receivable, Modifications, Pre-Modification Recorded Investment	344	'
Financing Receivable, Modifications, Post-Modification Recorded Investment	340	'
Multi-Family	'	'
Financing Receivable, Modifications, Number of Contracts	'	1
Financing Receivable, Modifications, Pre-Modification Recorded Investment	'	2,562
Financing Receivable, Modifications, Post-Modification Recorded Investment	'	2,532
Total consumer	'	'
Financing Receivable, Modifications, Number of Contracts	'	1
Financing Receivable, Modifications, Pre-Modification Recorded Investment	'	43
Financing Receivable, Modifications, Post-Modification Recorded Investment	'	$42

Junior_Subordinated_Debenture_1

Junior Subordinated Debenture (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
Details	'	'
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust	$22,700,000	'
Deferred interest payments related to debentures	3,900,000	3,700,000
Debentures issued to grantor trusts	22,700,000	'
Common securities issued by grantor trusts	$681,000	'

Junior_Subordinated_Debenture_2

Junior Subordinated Debenture: Schedule of terms of the current Debentures (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Long-term Debt, Gross	$22,681
Riverview Bancorp Statutory Trust I	'
Debt Instrument, date of issuance	'12/2005
Long-term Debt, Gross	7,217
Debt Instrument, Interest Rate Terms	'Variable (1)
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum	5.88%
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum	1.59%
Debt Instrument, Maturity Date, Description	'3/2036
Riverview Bancorp Statutory Trust II	'
Debt Instrument, date of issuance	'06/2007
Long-term Debt, Gross	$15,464
Debt Instrument, Interest Rate Terms	'Variable (2)
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum	7.03%
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum	1.58%
Debt Instrument, Maturity Date, Description	'9/2037

Fair_Value_Measurement_Schedul2

Fair Value Measurement: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Investments, Fair Value Disclosure	$140,311	$101,969
Trust preferred	'	'
Investments, Fair Value Disclosure	1,885	1,903
US Government Agencies Debt Securities	'	'
Investments, Fair Value Disclosure	17,686	21,491
Real estate mortgage investment conduits	'	'
Investments, Fair Value Disclosure	25,089	7,150
Mortgage-backed	'	'
Investments, Fair Value Disclosure	89,928	65,413
Other mortgage-backed securities	'	'
Investments, Fair Value Disclosure	5,723	6,012
Fair Value, Inputs, Level 2	'	'
Investments, Fair Value Disclosure	138,426	100,066
Fair Value, Inputs, Level 2 | US Government Agencies Debt Securities	'	'
Investments, Fair Value Disclosure	17,686	21,491
Fair Value, Inputs, Level 2 | Real estate mortgage investment conduits	'	'
Investments, Fair Value Disclosure	25,089	7,150
Fair Value, Inputs, Level 2 | Mortgage-backed	'	'
Investments, Fair Value Disclosure	89,928	65,413
Fair Value, Inputs, Level 2 | Other mortgage-backed securities	'	'
Investments, Fair Value Disclosure	5,723	6,012
Fair Value, Inputs, Level 3	'	'
Investments, Fair Value Disclosure	1,885	1,903
Fair Value, Inputs, Level 3 | Trust preferred	'	'
Investments, Fair Value Disclosure	$1,885	$1,903

Fair_Value_Measurement_Details

Fair Value Measurement (Details)	3 Months Ended	6 Months Ended
	Sep. 30, 2014	Sep. 30, 2014
Details	'	'
Fair Value, Level 3 Transfers in, Description	'There were no transfers of assets in to or out of Level 1, 2 or 3	'There were no transfers of assets in to or out of Level 1, 2 or 3

Fair_Value_Measurement_Fair_Va2

Fair Value Measurement: Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Details	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value, Beginning Balance	$1,903	$1,238
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)	-18	689
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value, Ending Balance	$1,885	$1,927

Fair_Value_Measurement_Schedul3

Fair Value Measurement: Schedule of Assets measured at fair value on a non-recurring basis (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Assets, Fair Value Disclosure, Nonrecurring	$4,190
Impaired loans	'
Assets, Fair Value Disclosure, Nonrecurring	1,504
Real estate owned	'
Assets, Fair Value Disclosure, Nonrecurring	2,686
Fair Value, Inputs, Level 3	'
Assets, Fair Value Disclosure, Nonrecurring	4,190
Fair Value, Inputs, Level 3 | Impaired loans	'
Assets, Fair Value Disclosure, Nonrecurring	1,504
Fair Value, Inputs, Level 3 | Real estate owned	'
Assets, Fair Value Disclosure, Nonrecurring	$2,686

Fair_Value_Measurement_Fair_Va3

Fair Value Measurement: Fair Value Measurements, Nonrecurring, Valuation Techniques (Details)	6 Months Ended
	Sep. 30, 2014
Loans measured for impairment	'
Fair Value Measurements, Valuation Techniques	'Appraised value
Significant unobservable inputs	'Adjustment for market conditions
Market adjustment to appraisals	0.00%	[1]
Real estate owned	'
Fair Value Measurements, Valuation Techniques	'Appraised value
Significant unobservable inputs	'Adjustment for market conditions
Market adjustment to appraisals	0.00%	[1]
[1]	There were no adjustments to appraised values at September 30, 2014

Fair_Value_Of_Financial_Instru2

Fair Value Of Financial Instruments: Fair Value, Option, Quantitative Disclosures (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Fair Value, Inputs, Level 1 | Cash	'	'
Value of Assets	$30,988	$68,577
Fair Value, Inputs, Level 1 | Demand Deposits	'	'
Value of Liabilities	553,589	527,813
Fair Value, Inputs, Level 2 | Certificates of Deposit	'	'
Value of Assets	33,126	37,176
Fair Value, Inputs, Level 2 | Available-for-sale Securities	'	'
Value of Assets	17,686	21,491
Fair Value, Inputs, Level 2 | Mortgage-backed securities held to maturity	'	'
Value of Assets	92	104
Fair Value, Inputs, Level 2 | Mortgage-backed securities available for sale	'	'
Value of Assets	120,740	78,575
Fair Value, Inputs, Level 2 | Loans held for sale	'	'
Value of Assets	353	1,024
Fair Value, Inputs, Level 2 | Federal Home Loan Bank Borrowings	'	'
Value of Assets	6,324	6,744
Fair Value, Inputs, Level 2 | Time Deposits	'	'
Value of Liabilities	148,942	162,020
Fair Value, Inputs, Level 3 | Available-for-sale Securities	'	'
Value of Assets	1,885	1,903
Fair Value, Inputs, Level 3 | Loans Receivable	'	'
Value of Assets	500,334	480,454
Fair Value, Inputs, Level 3 | Subordinated Debt Obligations	'	'
Value of Liabilities	10,576	11,233
Estimate of Fair Value, Fair Value Disclosure | Cash	'	'
Value of Assets	30,988	68,577
Estimate of Fair Value, Fair Value Disclosure | Certificates of Deposit	'	'
Value of Assets	33,126	37,176
Estimate of Fair Value, Fair Value Disclosure | Available-for-sale Securities	'	'
Value of Assets	19,571	23,394
Estimate of Fair Value, Fair Value Disclosure | Mortgage-backed securities held to maturity	'	'
Value of Assets	92	104
Estimate of Fair Value, Fair Value Disclosure | Mortgage-backed securities available for sale	'	'
Value of Assets	120,740	78,575
Estimate of Fair Value, Fair Value Disclosure | Loans Receivable	'	'
Value of Assets	500,334	480,454
Estimate of Fair Value, Fair Value Disclosure | Loans held for sale	'	'
Value of Assets	353	1,024
Estimate of Fair Value, Fair Value Disclosure | Federal Home Loan Bank Borrowings	'	'
Value of Assets	6,324	6,744
Estimate of Fair Value, Fair Value Disclosure | Demand Deposits	'	'
Value of Liabilities	553,589	527,813
Estimate of Fair Value, Fair Value Disclosure | Time Deposits	'	'
Value of Liabilities	148,942	162,020
Estimate of Fair Value, Fair Value Disclosure | Subordinated Debt Obligations	'	'
Value of Liabilities	10,576	11,233
Carrying (Reported) Amount, Fair Value Disclosure | Cash	'	'
Value of Assets	30,988	68,577
Carrying (Reported) Amount, Fair Value Disclosure | Certificates of Deposit	'	'
Value of Assets	32,941	36,925
Carrying (Reported) Amount, Fair Value Disclosure | Available-for-sale Securities	'	'
Value of Assets	19,571	23,394
Carrying (Reported) Amount, Fair Value Disclosure | Mortgage-backed securities held to maturity	'	'
Value of Assets	90	101
Carrying (Reported) Amount, Fair Value Disclosure | Mortgage-backed securities available for sale	'	'
Value of Assets	120,740	78,575
Carrying (Reported) Amount, Fair Value Disclosure | Loans Receivable	'	'
Value of Assets	540,786	520,937
Carrying (Reported) Amount, Fair Value Disclosure | Loans held for sale	'	'
Value of Assets	353	1,024
Carrying (Reported) Amount, Fair Value Disclosure | Federal Home Loan Bank Borrowings	'	'
Value of Assets	6,324	6,744
Carrying (Reported) Amount, Fair Value Disclosure | Demand Deposits	'	'
Value of Liabilities	553,589	527,813
Carrying (Reported) Amount, Fair Value Disclosure | Time Deposits	'	'
Value of Liabilities	149,046	162,253
Carrying (Reported) Amount, Fair Value Disclosure | Subordinated Debt Obligations	'	'
Value of Liabilities	$22,681	$22,681

Commitments_and_Contingencies_1

Commitments and Contingencies: Schedule of significant off-balance sheet commitments (Details) (USD $)	Sep. 30, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
COMMITMENTS AND CONTINGENCIES	'	[1]	'	[1]
Commitments to Originate Loans	'		'
Commitments to originate loans, Adjustable Rate	17,121		'
Commitments to originate loans, Fixed Rate	1,996		'
Standby letters of credit	791		'
Undisbursed loan funds, and unused lines of credit	85,128		'
COMMITMENTS AND CONTINGENCIES	$105,036		'
[1]	See Note 14.

Commitments_and_Contingencies_2

Commitments and Contingencies (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Details	'
Loans and Leases Receivable, Commitments to Purchase or Sell	$1,400	[1]
Loans under warranty	$118,300	[2]
[1]	Commitments to sell residential loans to the FHLMC. Typically, these agreements are short term fixed rate commitments and no material gain or loss is likely.
[2]	Substantially represents the unpaid principal balance of the Company's loans serviced for FHLMC. The Bank believes that the potential for loss under these arrangements is remote. Accordingly, no contingent liability has been recorded in the consolidated financial statements.