Riverview Financial Corporation (RIVE) Financial Statements (2024 and earlier)

Company Profile

Business Address 3901 NORTH FRONT STREET
HARRISBURG, PA 17110
State of Incorp. PA
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2021
MRQ
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 49,78150,34853,81625,78619,12021,697
Cash and cash equivalents 49,78150,34853,81625,78619,12021,697
Total current assets: 49,78150,34853,81625,78619,12021,697
Noncurrent Assets
Operating lease, right-of-use asset 2,2783,856
Property, plant and equipment 18,14717,85218,20818,63112,20112,373
Intangible assets, net (including goodwill) 1,91827,49028,26329,1306,8136,258
Goodwill  24,75424,75424,7545,4084,757
Intangible assets, net (excluding goodwill) 1,9182,7363,5094,3761,4051,501
Deferred income tax assets 3,9074,272
Total noncurrent assets: 26,25053,47046,47147,76119,01418,631
Other undisclosed assets 1,281,523976,1361,037,3161,090,060504,914509,121
TOTAL ASSETS: 1,357,5541,079,9541,137,6031,163,607543,048549,449
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt    6,00031,50042,575
Total current liabilities:    6,00031,50042,575
Noncurrent Liabilities
Other undisclosed liabilities 1,260,122961,8441,023,6931,051,351469,628464,571
Total liabilities: 1,260,122961,8441,023,6931,057,351501,128507,146
Equity
Equity, attributable to parent 97,432118,110113,910106,25641,92042,303
Common stock 102,662102,206101,134100,47629,05222,077
Additional paid in capital 2921123324232206,784
Accumulated other comprehensive income (loss) 935(348)(2,619)(1,579)(2,197)(108)
Retained earnings (accumulated deficit) (6,457)16,14015,0636,93614,84513,550
Total equity: 97,432118,110113,910106,25641,92042,303
TOTAL LIABILITIES AND EQUITY: 1,357,5541,079,9541,137,6031,163,607543,048549,449

Income Statement (P&L) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 43,93545,84648,68330,96220,84418,429
Net investment income 43,93545,84648,68327,08918,02617,210
Cost of revenue (6,282)(2,406)(615)(2,734)(453)(1,484)
Provision for loan, lease, and other losses (6,282)(2,406)(615)
Financial services costs(2,734)(453)(1,472)
Gross profit: 37,65343,44048,06828,22820,39116,945
Operating expenses (29,895)(4,357)(4,153)(18,467)(9,601)(14,415)
Operating income: 7,75839,08343,9159,76110,7902,530
Nonoperating income (expense) 700696728277139(43)
Losses on sales of other real estate (55)(67)(48)(172)(206)(260)
Bank owned life insurance income 755763776449345217
Interest and debt expense (6,783)(8,600)(7,965)(4,120)(2,172)(1,929)
Income from continuing operations before equity method investments, income taxes: 1,67531,17936,6785,9188,757558
Other undisclosed loss from continuing operations before income taxes (22,629)(26,192)(23,449)(7,328)(4,728)(2,462)
Income (loss) from continuing operations before income taxes: (20,954)4,98713,229(1,410)4,029(1,904)
Income tax expense (benefit) (257)(701)(2,371)(3,501)(962)1,150
Income (loss) from continuing operations: (21,211)4,28610,858(4,911)3,067(754)
Income (loss) before gain (loss) on sale of properties:(21,211)4,28610,858(4,911)3,067(754)
Net income (loss) attributable to parent: (21,211)4,28610,858(4,911)3,067(754)
Preferred stock dividends and other adjustments    (371)  
Net income (loss) available to common stockholders, basic: (21,211)4,28610,858(5,282)3,067(754)
Other undisclosed net income available to common stockholders, diluted    475  
Net income (loss) available to common stockholders, diluted: (21,211)4,28610,858(4,807)3,067(754)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (21,211)4,28610,858(4,911)3,067(754)
Other comprehensive income (loss) 1,2832,271(1,040)877(2,089)(243)
Comprehensive income (loss), net of tax, attributable to parent: (19,928)6,5579,818(4,034)978(997)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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