Filing Details

Accession Number:
0001171520-21-000072
Form Type:
13G Filing
Publication Date:
2021-02-10 11:52:48
Filed By:
Fj Capital Management Llc
Company:
Riverview Bancorp Inc (NASDAQ:RVSB)
Filing Date:
2021-02-10
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
FJ Capital Management 2,173,569 1,936,721 2,173,569 9.73%
Financial Opportunity Fund 1,810,310 1,810,310 1,810,310 8.10%
Martin Friedman 2,173,569 1,936,721 2,173,569 9.73%
Bridge Equities XI 236,848 236,848 236,848 1.06%
SunBridge Manager 236,848 236,848 236,848 1.06%
SunBridge Holdings 236,848 236,848 236,848 1.06%
Realty Investment Company, Inc 236,848 236,848 236,848 1.06%
Filing
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3) *

 

Riverview Bancorp (RVSB)
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
769397100
(CUSIP Number)
 
12/31/2020
(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

  Rule 13d-1(b)
     
  Rule 13d-1(c)
     
  Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

CUSIP No. 769397100       Page 2 of 15

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

FJ Capital Management LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 2,173,569 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 1,936,721 (2)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,173,569 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

9.73%

 

12

 

TYPE OF REPORTING PERSON

 

IA
         

 

(1)Consists of 1,810,310 shares of common stock of the Issuer held by Financial Opportunity Fund LLC of which FJ Capital Management LLC is the managing member, 236,848 shares of common stock of the Issuer held by Bridge Equities XI, LLC, of which FJ Capital Management LLC is the sub-investment advisor, and 126,411 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

 

(2)Consists of 1,810,310 shares of common stock of the Issuer held by Financial Opportunity Fund of which FJ Capital Management LLC is the managing member, and 126,411 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

 

 
CUSIP No. 769397100       Page 3 of 15

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

Financial Opportunity Fund LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 1,810,310 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 1,810,310 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,810,310 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

8.10%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1)Consists of 1,810,310 shares of common stock of the Issuer held by Financial Opportunity Fund LLC.

 

 

 

CUSIP No. 769397100       Page 4 of 15

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

Martin Friedman

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 2,173,569 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 1,936,721 (2)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,173,569 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

9.73%

 

12

 

TYPE OF REPORTING PERSON

 

IN
         

 

(1)Consists of 1,810,310 shares of common stock of the Issuer held by Financial Opportunity Fund LLC of which FJ Capital Management LLC is the managing member, 236,848 shares of common stock of the Issuer held by Bridge Equities XI, LLC, of which FJ Capital Management LLC is the sub-investment advisor, and 126,411 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages. Martin Friedman is the Managing Member of FJ Capital Management LLC; as such, Mr. Friedman may be deemed to be a beneficial owner of reported shares but as to which Mr. Friedman disclaims beneficial ownership.
(2)Consists of 1,810,310 shares of common stock of the Issuer held by Financial Opportunity Fund LLC of which FJ Capital Management LLC is the managing member, and 126,411 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages. Martin Friedman is the Managing Member of FJ Capital Management LLC; as such, Mr. Friedman may be deemed to be a beneficial owner of reported shares but as to which Mr. Friedman disclaims beneficial ownership.

 

 

 

CUSIP No. 769397100   Page 5 of 15

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

Bridge Equities XI, LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 236,848 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 236,848 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

236,848 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.06%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1)Consists of 236,848 shares of common stock of the Issuer held by Bridge Equities XI, LLC.

 

 

 

CUSIP No. 769397100   Page 6 of 15

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

SunBridge Manager, LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 236,848 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 236,848 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

236,848 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.06%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1)Consists of 236,848 shares of common stock of the Issuer held by Bridge Equities XI, LLC of which SunBridge Manager, LLC is the Managing Member; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares.

 

 
CUSIP No. 769397100   Page 7 of 15

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

SunBridge Holdings, LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 236,848 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 236,848 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

236,848 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.06%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1)Consists of 236,848 shares of common stock of the Issuer held by Bridge Equities XI, LLC of which SunBridge Manager, LLC is the Managing Member. SunBridge Holdings, LLC is the Managing Member of SunBridge Manager, LLC; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

 

 
CUSIP No. 769397100   Page 8 of 15

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

Realty Investment Company, Inc.

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Maryland
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 236,848 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 236,848 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

236,848 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.06%

 

12

 

TYPE OF REPORTING PERSON

 

CO
         

 

(1)Consists of 236,848 shares of common stock of the Issuer held by Bridge Equities XI, LLC of which SunBridge Manager, LLC is the Managing Member. SunBridge Holdings, LLC is the Managing Member of SunBridge Manager, LLC. Realty Investment Company, Inc. is the Manager of SunBridge Holdings, LLC; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

 

 

 

CUSIP No. 769397100       Page 9 of 15

 

Item 1(a).   Name of Issuer:
     
    Riverview Bancorp (RVSB)
     
Item 1(b).   Address of Issuer’s Principal Executive Offices:
     
    900 Washington Street, STE 900
    Vancouver, WA  98660
     
Item 2(a).   Name of Person Filing:
     
    This Schedule 13G is being filed on behalf of the following Reporting Persons:
Financial Opportunity Fund LLC
FJ Capital Management LLC
Martin Friedman
Bridge Equities XI, LLC
SunBridge Manager, LLC
SunBridge Holdings, LLC
Realty Investment Company, Inc.
     
Item 2(b).   Address of Principal Business Office or, if None, Residence:
     
    FJ Capital Management, LLC
1313 Dolley Madison Blvd, Ste 306
McLean, VA  22101

Financial Opportunity Fund LLC
1313 Dolley Madison Blvd., Ste 306
McLean, VA 22101

Martin Friedman
1313 Dolley Madison Blvd., Ste 306
McLean, VA 22101

Bridge Equities XI, LLC
8171 Maple Lawn Blvd, Suite 375
Fulton, MD 20759

SunBridge Manager LLC
8171 Maple Lawn Blvd, Suite 375
Fulton, MD 20759

SunBridge Holdings LLC
8171 Maple Lawn Blvd, Suite 375
Fulton, MD 20759

Realty Investment Company Inc
8171 Maple Lawn Blvd, Suite 375
Fulton, MD 20759

 

 

 

CUSIP No. 769397100       Page 10 of 15

 

Item 2(c).   Citizenship:
     
    Financial Opportunity Fund LLC, Bridge Equities XI, LLC, and FJ Capital Management LLC, SunBridge Manager, LLC, SunBridge Holdings, LLC – Delaware limited liability companies
Martin Friedman – United States citizen
Realty Investment Company, Inc – Maryland corporation
     
Item 2(d).   Title of Class of Securities:
     
    Common Stock
     
Item 2(e).   CUSIP Number:
     
    769397100

 

Item 3. If This Statement is Filed Pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), Check Whether the Person Filing is a:

 

  (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
       
  (b) Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
       
  (c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
       
  (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
  (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
  (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
  (g) A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G);
       
  (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
       
  (j) Group, in accordance with §240.13d-1(b)(1)(ii)(J).
       

 

Item 4. Ownership.
   
  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

 

 

 

CUSIP No. 769397100       Page 11 of 15

 

  (a) Amount beneficially owned:
     
    FJ Capital Management LLC – 2,173,569 shares
Financial Opportunity Fund LLC – 1,810,310 shares
Martin Friedman – 2,173,569 shares
Bridge Equities XI, LLC – 236,848 shares
SunBridge Manager, LLC – 236,848 shares
SunBridge Holdings, LLC – 236,848 shares
Realty Investment Company, Inc – 236,848 shares
     
  (b) Percent of class:
     
    FJ Capital Management LLC – 9.73%
Financial Opportunity Fund LLC – 8.10%
Martin Friedman – 9.73%
Bridge Equities XI, LLC – 1.06%
SunBridge Manager, LLC – 1.06%
SunBridge Holdings, LLC – 1.06%
Realty Investment Company, Inc – 1.06%
     
  (c) Number of shares as to which such person has:
     
    (i) Sole power to vote or to direct the vote
       
      All Reporting Persons - 0
       
    (ii) Shared power to vote or to direct the vote
       
      FJ Capital Management LLC – 2,173,569 shares
Financial Opportunity Fund LLC – 1,810,310 shares
Martin Friedman – 2,173,569 shares
Bridge Equities XI, LLC – 236,848 shares
SunBridge Manager, LLC – 236,848 shares
SunBridge Holdings, LLC – 236,848 shares
Realty Investment Company, Inc – 236,848 shares
       
    (iii) Sole power to dispose or to direct the disposition of
       
      All Reporting Persons - 0
       
    (iv) Shared power to dispose or to direct the disposition of
       
      FJ Capital Management LLC – 1,936,721 shares
Financial Opportunity Fund LLC – 1,810,310 shares
Martin Friedman – 1,936,721 shares
Bridge Equities XI, LLC – 236,848 shares
SunBridge Manager, LLC – 236,848 shares
SunBridge Holdings, LLC – 236,848 shares
Realty Investment Company, Inc – 236,848 shares

 

 

 

CUSIP No. 769397100   Page 12 of 15

 

Item 5. Ownership of Five Percent or Less of a Class.
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following
   
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
   
  N/A.
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
   
  N/A
   
Item 8. Identification and Classification of Members of the Group.
   
  Due to the relationships among them, the reporting persons hereunder may be deemed to constitute a “group” with one another for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.  
   
Item 9. Notice of Dissolution of Group.
   
  N/A
   
Item 10. Certification.
   
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.

 

 

 

 

CUSIP No. 769397100       Page 13 of 15

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

     
Date: 2/02/2021  

Financial Opportunity Fund LLC

By: FJ Capital Management LLC, its Managing Member

 

 

By:    /s/ Martin Friedman                              

Name: Martin Friedman

Title: Managing Member

 

 

FJ Capital Management LLC

 

 

By:    /s/ Martin Friedman                              

Name: Martin Friedman

Title: Managing Member

 

 

 

 

 

/s/ Martin Friedman                              

MARTIN FRIEDMAN

 

 

 

 

     

 

 

 

 

 

CUSIP No. 769397100     Page 14 of 15
   

 

 

Bridge Equities XI, LLC

By: SunBridge Manager, LLC, its Managing Member

 

 

By:    /s/ Christine A. Shreve                              

Name: Christine A. Shreve

Title: Manager

 

 

 

SunBridge Manager, LLC

By: SunBridge Holdings, LLC, its Managing Member

 

 

By:    /s/ Christine A. Shreve                              

Name: Christine A. Shreve

Title: President

 

 

 

SunBridge Holdings, LLC

By: Realty Investment Company, Inc., its Manager

 

 

By:    /s/ Christine A. Shreve                              

Name: Christine A. Shreve

Title: President

 

 

 

realty investment company, inc.

 

 

By:    /s/ Christine A. Shreve                              

Name: Christine A. Shreve

Title: President

 

 

 

 

 

 

CUSIP No. 769397100     Page 15 of 15

 

Joint Filing Agreement

The undersigned agree that this Schedule 13G, and all amendments thereto, relating to the Common Stock Riverview Bancorp shall be filed on behalf of the undersigned.

 

FINANCIAL OPPORTUNITY FUND LLC

By:    FJ Capital Management, LLC

 

 

By:    /s/ Martin Friedman                              

Name: Martin Friedman

Title: Managing Member

 

 

 

 

 

 

 

 

 

 

 

FJ CAPITAL MANAGEMENT LLC

 

 

 

By:    /s/ Martin Friedman                              

Name: Martin Friedman

Title: Managing Member

 

 

 

 

 

 

/s/ Martin Friedman                              

MARTIN FRIEDMAN

 

 

Bridge Equities XI, LLC

By: SunBridge Manager, LLC, its Managing Member

 

 

By:    /s/ Christine A. Shreve                              

Name: Christine A. Shreve

Title: Manager

 

 

SunBridge Manager, LLC

By: SunBridge Holdings, LLC, its Managing Member

 

 

By:    /s/ Christine A. Shreve                              

Name: Christine A. Shreve

Title: President

 

 

SunBridge Holdings, LLC

By: Realty Investment Company, Inc., its Manager

 

 

By:    /s/ Christine A. Shreve                              

Name: Christine A. Shreve

Title: President

 

 

realty investment company, inc.

 

 

By:    /s/ Christine A. Shreve                              

Name: Christine A. Shreve

Title: President