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Re: genlou post# 99

Wednesday, 10/29/2014 3:22:30 PM

Wednesday, October 29, 2014 3:22:30 PM

Post# of 139
There is a lot to like about RVSB in this report genlou but one bullet point that really stands out for me is this one:

-- Nonperforming assets decreased $3.5 million during the quarter to $15.4 million (18.6% decline).

Getting rid of the dead weight in large chunks like this will really put the shine back on this bank.

Any potential acquirers out there looking at this bank will love it as well!

Marker:
Riverview Bancorp (RVSB)
$3.90 up 0.02 (0.52%)
Volume: 164,751




If liabilities are greater than assets, the business is insolvent. Knowing the structure of those liabilities is where to make your money. -- EI2010

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