Friedman Martin S. Form 3 RIVERVIEW BANCORP / Martin S. Friedman ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Friedman Martin S.

(Last) (First) (Middle)

C/O FJ CAPITAL MANAGEMENT LLC

7901 JONES BRANCH DR. SUITE 210

(Street)

MCLEAN VA 22102

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/27/2022

3. Issuer Name and Ticker or Trading Symbol
RIVERVIEW BANCORP INC [ RVSB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	$1,936,721	D(1)(2)
Common Stock	$236,848	I	See footnote(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Martin S. Friedman (the "Reporting Person") is the managing member of FJ Capital Management LLC ("FJ Capital"), which is the managing member of and investment adviser to Financial Opportunity Fund LLC ("FOF") and sub-investment adviser to Bridge Equities XI, LLC ("Bridge"), each of which beneficially owns 1,936,721 and 236,848 shares (collectively, the "Shares") of the common stock of Riverview Bancorp, Inc. (the "Issuer"), respectively. On October 28, 2022, the Issuer filed its second quarter earnings release. Upon review of the release, FJ Capital discovered that the Issuer had completed a stock repurchase which resulted in FJ Capital's beneficial ownership of the shares of the Issuer exceeding the 10% beneficial ownership threshold for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16").

2. The Reporting Person, in his capacity as Managing Member of FJ Capital, has voting and dispositive power of the Shares held by FOF and voting power of the Shares held by Bridge. As such, the Reporting Person may be deemed to be a beneficial owner of the Shares reported herein. The Reporting Person disclaims beneficial ownership of the Shares reported herein and this report shall not be deemed an admission of beneficial ownership of such Shares by the Reporting Person for purposes of Section 16 or for any other purpose.

Remarks:

	Martin Friedman	10/30/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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