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Problem loans continue to haunt Riverview Bancorp (RVSB). The Vancouver, Wash., company on Friday restated its results from last quarter and increased its loan-loss provision for the third time in recent months.
May 25 -
Riverview Bancorp Inc. of Vancouver, Wash., would enter Oregon under a new agreement to buy the $123 million-asset American Pacific Bank in Portland for $34.4 million.
November 12
Riverview Community Bank in Vancouver, Wash., has promoted Daniel Cox to executive vice president and chief credit officer.
Cox joined Riverview 12 years ago, rising from credit analyst to commercial loan officer and then to head of credit administration, according to a press release Wednesday from the bank's holding company, Riverview Bancorp (RVSB). His recent duties at the $803 million-asset bank had included acting chief credit officer.
Cox "has been instrumental in dramatically reducing our problem credits, crafting new policies and improving the loan approval process," Ron Wysaske, the bank's president and chief operating officer, said in the release.
Riverview returned to profitability in 2013 after
