RVSB Riverview Bancorp Inc

Riverview Bancorp, Inc. (Nasdaq: RVSB) today announced its Board of Directors declared its quarterly cash dividend of $0.17 per share, to be paid October 14, 2005, to shareholders of record on September 30, 2005. "This is our 32nd consecutive quarterly cash dividend and represents a 3.2% yield based on the recent price," said Pat Sheaffer, Chairman and CEO. "We completed the acquisition of American Pacific Bank in mid-April, and the integration has been extremely smooth. Now all of our customers, including American Pacific Bank's former customers, are benefiting from an expanded menu of products and services." On July 18, 2005, Riverview Bancorp reported net income of $1.8 million, or $0.33 per diluted share, for the first fiscal quarter of 2006. Assets grew 43% to $737 million, total deposits increased 45% to $583 million and loans grew 47% to $561 million from year ago levels. Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington -- just north of Portland, Oregon on the I-5 corridor. With assets of $737 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 16 branches, including nine in fast growing Clark County, 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. On April 22, 2005, the company completed its acquisition of American Pacific Bank (Nasdaq: AMPB), based in Portland, Oregon, with assets of $125 million. 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.