RIVERVIEW BANCORP Business Summary

Riverview Bancorp Inc. (RVSB) operates as the bank holding company for Riverview Bank, a community-oriented financial institution primarily serving the Pacific Northwest with a focus on the Portland-Vancouver metropolitan area. The company generates revenue through two primary segments: Banking Operations and Trust and Investment Services. Its core income is derived from net interest income—the spread between interest earned on a $1.09 billion loan portfolio (spanning commercial real estate, multi-family, and business lending) and interest paid on deposits—complemented by non-interest income from trust fees, asset management, and service charges. Positioned as a small-cap regional player, Riverview competes directly with other community and mid-tier banks such as Bank7 (BSVN), Ponce Financial Group (PDLB), NewtekOne (NEWT), and Blue Ridge Bankshares (BRBS), distinguishing itself through localized decision-making and a robust wealth management arm via Riverview Trust Company. Originally founded in 1923, the company is currently led by President and CEO Nicole Sherman, who joined in July 2024 with over 25 years of executive experience at institutions including Columbia Bank and Zions Bank. The leadership team includes Executive Vice President and CFO David Lam, a veteran of the firm since 2008 who oversees financial reporting and treasury, and COO Daniel Cox, who has spent over two decades at the bank with deep expertise in credit administration. Recent strategic additions include Graham Clancy as Director of Finance and Phung Le as Controller, both reporting to Lam. The company maintains a strong institutional investor base, with notable holdings from BlackRock (11.3%), Nierenberg Investment Management (9.8%), and The Vanguard Group, while the board is chaired by Gerald Nies, ensuring long-term governance stability.