latest news releases from the newsroom
Riverview Bancorp, Inc.
Riverview Bancorp, Inc. Reports Expected Increase in Its Provision for Loan Losses
VANCOUVER, Wash., March 14, 2008 (PRIME NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) today announced that it expects to record a provision for loan losses of between $1.5 million to $2.0 million (pre-tax), or $0.14 to $0.19 per diluted share, during the fourth quarter of its fiscal year ending March 31, 2008. As a result of this increase, it currently expects the provision for loan losses for the year to be between $2.6 million and $3.1 million. This anticipated quarterly provision for loan losses is significantly higher than the $650,000 it recorded during the third quarter ended December 31, 2007.
Proposal Software, Inc.
Proposal Software Inc.'s PMAPS to be Showcased At the PAICR West Coast Conference in Santa Monica, CA, March 17-18, 2008
WESTPORT, Conn. and SANTA MONICA, Calif., March 14, 2008 (PRIME NEWSWIRE) -- Proposal Software, Inc., The Leader In Proposal Productivity(tm), will be showcasing its innovative Proposal Management and Production System (PMAPS(r)) at the Professional Association for Investment Communications Resources (PAICR) 4th West Coast Conference. This year, the conference will be held in Santa Monica, California, on March 17-18, 2008. Proposal Software, Inc.'s director of financial services, Wendy Cheng-Wong, will be on hand to demonstrate the software and meet with PAICR members who are current PMAPS(r) users.