Last $14.75 USD
Change Today -0.75 / -4.84%
Volume 100.0
RIVE On Other Exchanges
As of 8:10 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

riverview financial corp (RIVE) Snapshot

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52 Week High
01/8/15 - $16.00
52 Week Low
02/27/14 - $9.55
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riverview financial corp (RIVE) Details

Riverview Financial Corporation operates as the bank holding company for Riverview Bank that provides commercial banking products and services to individuals, businesses, and municipalities. It offers interest and noninterest checking, passbook savings, and money market accounts; and time deposits. The company’s loan portfolio comprises commercial loans; non-owner occupied commercial real estate loans; owner occupied commercial real estate loans; one-to-four family investment property loans; commercial land/land development/construction loans; residential real estate loans; home equity lines of credit; and consumer loans. It also offers mortgage banking services; wealth management services; and financial advisory, insurance, and trust and investment services relating to non-deposit type investment products. The company serves customers through its two full service offices in Marysville and Duncannon, Perry County, Pennsylvania; one full service office in Enola, Cumberland County, Pennsylvania; six full service offices in Tower City, Cressona, Pottsville, and Orwigsburg, Schuylkill County, Pennsylvania; three full service and one drive-up office in Halifax, Millersburg and Elizabethville, Dauphin County, Pennsylvania; and one commercial office in Wyomissing, Berks County, Pennsylvania. Riverview Financial Corporation is headquartered in Halifax, Pennsylvania.

92 Employees
Last Reported Date: 01/20/15

riverview financial corp (RIVE) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: $320.0K
President, Director, Member of Executive Comm...
Total Annual Compensation: $320.0K
Chief Operating Officer and Chief Operating O...
Total Annual Compensation: $310.0K
Compensation as of Fiscal Year 2013.

riverview financial corp (RIVE) Key Developments

Riverview Financial Corporation Declares Cash Dividend for the Fourth Quarter of 2014, Payable on December 30, 2014

Riverview Financial Corporation announced that on November 19, 2014 its Board of Directors declared the payment of a cash dividend of $0.1425 per share. The fourth quarter dividend is payable on December 30, 2014 to all shareholders of record as of December 12, 2014.

Riverview Financial Corporation Announces Executive Changes

Riverview Financial Corporation and Citizens National Bank of Meyersdale, have announced the execution of an agreement and plan of merger pursuant to which Citizens National will merge with and into Riverview Bank. In connection with the merger, Citizens National will become an operating division of Riverview Bank, but will retain its historic Citizens name. Timothy E. Walters will become Regional President of the Citizens operating division and play a major role in further developing Riverview's wealth management efforts. Seats on the Riverview Financial and Riverview Bank boards will be offered to Citizens' directors Timothy E. Resh and Frances A. Bedekovic. Additionally, Robert M. Philson will be designated as Director Emeritus of the Riverview boards.

Riverview Financial Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Riverview Financial Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total interest income of USD 4.331 million compared to USD 3.270 million a year ago. Income before income taxes was USD 0.823 million compared to USD 0.646 million a year ago. Net income was USD 0.659 million compared to USD 0.484 million a year ago. Basic and diluted earnings per share were USD 0.25 compared to USD 0.28 a year ago. Return on average total assets was 0.60% compared to 0.61% a year ago. Return on average total equity was 6.80% compared to 7.22% a year ago. For the nine months, the company reported total interest income of USD 13.570 million compared to USD 9.663 million a year ago. Income before income taxes was USD 2.952 million compared to USD 2.044 million a year ago. Net income was USD 2.211 million compared to USD 1.528 million a year ago. Basic and diluted earnings per share were USD 0.82 compared to USD 0.89 a year ago. Return on average total assets was 0.68% compared to 0.65% a year ago. Return on average total equity was 7.81% compared to 7.62% a year ago. Tangible book value at September 30, 2014 increased to USD 12.77 per share, an USD 0.84 increase from USD 11.93 at December 31, 2013.


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