Riverview Bank, Financial Information

AboutRiverview Bank

 Address:
200 Front Street
Marysville,PA
Perry County,Pennsylvania
 Established:
Aug 1904
 Number of domestic offices:
30
Total assets$1,357M
Net income$-20M
Net income,quarterly$2M
Total deposits$1,026M
Domestic deposits$1,026M
Equity capital$119M
ROA-1.63%
ROAQ,quarterly0.59%
ROA,pretax0.59%
ROAQ,quarterly,pretax0.71%
ROE-17.9%
ROEQ,quarterly7.22%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Riverview Financial Corporation and Union Bancorp, Inc. announced today the completion of the consolidation of Riverview Financial Corporation and Union Bancorp, Inc., effective November 1, 2013. By virtue of the consolidation, Riverview Financial Corporation and Union Bancorp, Inc. consolidated into a newly formed, Pennsylvania corporation that will operate under the name “Riverview Financial Corporation”.

In connection with the consolidation, Union Bank and Trust Company merged with Riverview Bank, with Riverview Bank surviving. As a result of the merger, on a pro forma basis as of September 30, 2013, Riverview Bank had $440 million in assets, with $318 million in loans and $394 million in deposits.

Riverview Bank will continue to operate as a full service commercial bank, providing deposit, personal and business lending and wealth management services through its 18 offices located in Berks, Cumberland, Dauphin, Northumberland, Perry and Schuylkill Counties.