RVSB Riverview Bancorp Inc

Riverview Bancorp, Inc. (Nasdaq:RVSB) announced its Board of Directors declared on June 15, 2005, a $0.17 per share cash dividend to be paid July 14, 2005, to shareholders of record on June 30, 2005. This represents a 9.7% increase over the previous quarter's cash dividend. "The increase in our dividend payment reflects our solid performance in fiscal 2005 and our confidence in the future as we expand our service territory into Oregon," said Pat Sheaffer, Chairman and CEO. "This is our 31st consecutive cash dividend and represents a 3.1% yield on the recent stock price." The company plans to report fiscal first quarter results on July 19, 2005, and management will host a conference call later that day. Complete conference call details will be made available in early July. Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington -- just north of Portland, Oregon on the I-5 corridor. With assets of $573 million, it is the parent company of the 82 year-old Riverview Community Bank, as well as Riverview Mortgage and Riverview Asset Management Corp. There are 13 Southwest Washington branches, including nine in Clark County -- the second fastest growing county in the state, and one lending center. The bank offers true community banking services, focusing on providing the highest quality service and financial products to commercial and retail customers. The company recently announced the signing of a definitive merger agreement with American Pacific Bank (Nasdaq:AMPB), a Portland, Oregon bank with assets of $125 million. The company closed the transaction on April 22, 2005. Statements concerning future performance, developments or events, concerning expectations for growth and market forecasts, and any other guidance on future periods, constitute forward-looking statements, which are subject to a number of risks and uncertainties that might cause actual results to differ materially from stated objectives. These factors include but are not limited to: RVSB's ability to maintain current dividend payments or increase dividend payouts to shareholders, regional economic conditions and the company's ability to efficiently manage expenses. Additional factors that could cause actual results to differ materially are disclosed in Riverview Bancorp's recent filings with the SEC, including but not limited to Annual Reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.