Riverview Financial Corporation operates as the bank holding company for Riverview Bank that provides various consumer and commercial banking products and services to individuals, municipalities, small to medium sized businesses, and nonprofit entities in the United States. It accepts money market, NOW, savings, individual retirement, and investment accounts; demand deposits and certificates of deposit; and provides remote deposit capture, automatic clearing house transaction, cash management, automated teller machine, point of sale transaction, night depository, direct deposit, and official check services, as well as safe deposit boxes. It also offers one-to-four family residential mortgages, consumer, automobile, home equity, educational, lines of credit, residential and commercial real estate, manufactured housing, personal, student, working capital, construction, and agricultural loans; and loans for equipment and other commercial needs, and mineral rights. In addition, it provides trust and investment services comprising investment management, IRA trustee, estate administration, living trust, trustee under will, guardianship, life insurance trust, custodial/IRA custodial, and corporate trust services, as well as pension and profit sharing plans. Further, it offers wealth management products and services, such as investment portfolio management, brokerage, annuities, business succession planning, insurance, education funding strategies, and estate and tax planning assistance; and securities, stocks, bonds, and mutual funds. As of February 1, 2021, it operated 25 community banking offices and 3 limited purpose offices in the Berks, Blair, Bucks, Centre, Clearfield, Cumberland, Dauphin, Huntingdon, Lebanon, Lehigh, Lycoming, Perry, Schuylkill, and Somerset counties of Pennsylvania. The company was founded in 1900 and is headquartered in Harrisburg, Pennsylvania.
IPO Year: n/a
Exchange: NASDAQ
Website: riverviewbankpa.com
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HARRISBURG, Pa., Oct. 18, 2021 /PRNewswire/ -- Riverview Financial Corporation (the "Company" or "Riverview") (NASDAQ:RIVE), the holding company for Riverview Bank (the "Bank"), today reported net income of $3.1 million, or $0.33 per basic and diluted weighted average common share, for the third quarter of 2021, compared to net income of $695 thousand, or $0.08 per basic and diluted weighted average common share, for the third quarter of 2020. For the nine months ended September 30, 2021, Riverview reported net income of $11.0 million, or $1.17 per basic and diluted weighted average common share, compared to a net loss of $22.8 million, or $(2.46) per basic and diluted weighted average commo
HARRISBURG, Pa., April 21, 2021 /PRNewswire/ -- Riverview Financial Corporation (the "Company" or "Riverview") (NASDAQ:RIVE), the holding company for Riverview Bank (the "Bank"), today reported unaudited financial results at and for the three months ended March 31, 2021. Riverview reported net income of $3.1 million, or $0.33 per basic and diluted weighted average common share, for the first quarter of 2021, compared to net income of $633 thousand, or $0.07 per basic and diluted weighted average common share, for the first quarter of 2020. The increase in the Company's earnin
HARRISBURG, Pa., Jan. 28, 2021 /PRNewswire/ -- Riverview Financial Corporation (the "Company" or "Riverview") (NASDAQ: RIVE), the holding company for Riverview Bank (the "Bank"), today reported net income of $1.6 million or $0.17 per basic and diluted weighted average common share, for the fourth quarter of 2020, compared to net income of $1.3 million, or $0.14 per basic and diluted weighted average common share, for the fourth quarter of 2019. For the year ended December 31, 2020, Riverview reported a net loss of $21.2 million, or $(2.29) per basic and diluted weighted average common share, compared to net income of $4.3 million, or $0.47 per basic and diluted weighted average common sha
MILLERSBURG, Pa. and HARRISBURG, Pa., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. ("Mid Penn") (NASDAQ:MPB) and Riverview Financial Corporation ("Riverview") (NASDAQ:RIVE) announced today that shareholders from both Mid Penn and Riverview overwhelmingly approved Mid Penn's proposed acquisition of Riverview at special meetings of their respective shareholders held on November 18, 2021. "The level of support for this transaction was tremendous," said Rory G. Ritrievi, President and CEO of Mid Penn Bancorp, Inc. "Of the total number of votes received, over 98% of Riverview shares voted in favor of the merger and more than 98% of Mid Penn shares also voted in favor of the merger.
MILLERSBURG, Pa. and HARRISBURG, Pa., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. ("Mid Penn") (NASDAQ:MPB) and Riverview Financial Corporation ("Riverview") (NASDAQ:RIVE) announced today that they have received all required approvals from the applicable bank regulatory agencies to complete the proposed merger of Riverview with and into Mid Penn. Pending receipt of approval from shareholders of Mid Penn and Riverview, and certain other customary closing conditions, the parties intend to close the transaction in the fourth quarter of 2021. Following completion of the merger, Riverview Bank will be merged with and into Mid Penn Bank. "We are pleased to have received regulatory
HARRISBURG, Pa., Oct. 18, 2021 /PRNewswire/ -- Riverview Financial Corporation (the "Company" or "Riverview") (NASDAQ:RIVE), the holding company for Riverview Bank (the "Bank"), today reported net income of $3.1 million, or $0.33 per basic and diluted weighted average common share, for the third quarter of 2021, compared to net income of $695 thousand, or $0.08 per basic and diluted weighted average common share, for the third quarter of 2020. For the nine months ended September 30, 2021, Riverview reported net income of $11.0 million, or $1.17 per basic and diluted weighted average common share, compared to a net loss of $22.8 million, or $(2.46) per basic and diluted weighted average commo
MILLERSBURG, Pa. and HARRISBURG, Pa., June 30, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. ("Mid Penn") (NASDAQ:MPB), headquartered in Millersburg, Pennsylvania, and Riverview Financial Corporation ("Riverview") (NASDAQ:RIVE), headquartered in Harrisburg, Pennsylvania, today jointly announced the signing of a definitive merger agreement pursuant to which Mid Penn will acquire Riverview in an all-stock transaction valued at approximately $124.7 million (based upon Mid Penn's closing stock price of $27.47 for the trading day ending June 29, 2021). The merger, unanimously approved by both boards of directors, will enhance Mid Penn's footprint throughout central Pennsylvania. In addition
JOHNSTOWN, Pa., May 24, 2021 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ:ASRV), the parent company of AmeriServ Financial Bank, and Riverview Financial Corporation (NASDAQ:RIVE), the parent company of Riverview Bank and its operating divisions, jointly announced today the completion of their previously announced transaction providing for AmeriServ's acquisition of Citizens Neighborhood Bank's (CNB), an operating division of Riverview Bank, branch and deposit customers in Meyersdale, as well as the deposit customers of CNB's leased branch in the Borough of Somerset. Both of these locations are in Somerset County in southwestern Pennsylvania. As of the closing date, AmeriServ acquired r
HARRISBURG, Pa., April 21, 2021 /PRNewswire/ -- Riverview Financial Corporation (the "Company" or "Riverview") (NASDAQ:RIVE), the holding company for Riverview Bank (the "Bank"), today reported unaudited financial results at and for the three months ended March 31, 2021. Riverview reported net income of $3.1 million, or $0.33 per basic and diluted weighted average common share, for the first quarter of 2021, compared to net income of $633 thousand, or $0.07 per basic and diluted weighted average common share, for the first quarter of 2020. The increase in the Company's earnin
HARRISBURG, Pa., Feb. 1, 2021 /PRNewswire/ -- Riverview Financial Corporation (the "Company" or "Riverview") (NASDAQ: RIVE), the holding company for Riverview Bank (the "Bank"), today announced the successful completion of the consolidation of two branch offices. These consolidations announced in the fourth quarter of 2020 are part of the company's ongoing efficiency initiatives, which began in earnest during 2019. Accordingly, the Tower City Office, located at 920 E. Wiconisco Avenue, Tower City, PA and the Camp Hill Office, located at 3556 Gettysburg Road, Camp Hill, PA were successfully closed and consolidated into existing offices effective January 31, 2020. Customer accounts of the T
HARRISBURG, Pa., Jan. 28, 2021 /PRNewswire/ -- Riverview Financial Corporation (the "Company" or "Riverview") (NASDAQ: RIVE), the holding company for Riverview Bank (the "Bank"), today reported net income of $1.6 million or $0.17 per basic and diluted weighted average common share, for the fourth quarter of 2020, compared to net income of $1.3 million, or $0.14 per basic and diluted weighted average common share, for the fourth quarter of 2019. For the year ended December 31, 2020, Riverview reported a net loss of $21.2 million, or $(2.29) per basic and diluted weighted average common share, compared to net income of $4.3 million, or $0.47 per basic and diluted weighted average common sha
JOHNSTOWN, Pa., Jan. 15, 2021 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ: ASRV), the parent company of AmeriServ Financial Bank, and Riverview Financial Corporation (NASDAQ: RIVE), the parent company of Riverview Bank and its operating divisions, jointly announced today the execution of a definitive agreement whereby AmeriServ will acquire Citizen's Neighborhood Bank's (CNB), an operating division of Riverview Bank, branch and deposit customers in Meyersdale, as well as the deposit customers of CNB's leased branch in the Borough of Somerset. Both of these locations are in Somerset County in southwestern Pennsylvania. As of the agreement date, the related deposits total approximate
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