UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 10-K

 

 

[X]	ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Fiscal Year Ended March 31, 2009                                                OR

[   ]

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

Commission File Number: 0-22957

 

 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes ___    No    X

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

Yes ___    No   X

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes    X    No___

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes __ No  __

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and disclosure will not be contained, to the best of the registrant's knowledge, in any definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendments to this Form 10-K        X    

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See definition of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer   ____               Accelerated filer         X                  Non-accelerated filer    ____                Smaller Reporting Company ____

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).      Yes          No      X

The aggregate market value of the voting stock held by non-affiliates of the Registrant, based on the closing sales price of the registrant's Common Stock as quoted on the Nasdaq Global Select Market System under the symbol "RVSB" on September 30, 2008 was $65,105,687 (10,923,773 shares at $5.96 per share).  As of June 9, 2009, there were issued and outstanding 10,923,773 shares of the registrant’s common stock.

 

DOCUMENTS INCORPORATED BY REFERENCE

Portions of registrant's Definitive Proxy Statement for the 2009 Annual Meeting of Shareholders (Part III).

 

Table of Contents
PART I			PAGE
Item 1.		Business	1
Item 1A.		Risk Factors	32
Item 1B.		Unresolved Staff Comments	40
Item 2.		Properties	40
Item 3.		Legal Proceedings	40
Item 4.		Submission of Matters to a Vote of Security Holders	41
PART II
Item 5.		Market of Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	41
Item 6.		Selected Financial Data	43
Item 7.		Management’s Discussion and Analysis of Financial Condition and Results of Operations	45
Item 7A.		Quantitative and Qualitative Disclosures about Market Risk	58
Item 8.		Financial Statements and Supplementary Data	61
Item 9.		Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	92
Item 9A.		Controls and Procedures	92
Item 9B.		Other Information	95
PART III
Item 10.		Directors, Executive Officers and Corporate Governance	95
Item 11.		Executive Compensation	95
Item 12.		Security Ownership of Certain Beneficial Owners and Management and Related Stockholders	95
Item 13.		Certain Relationships and Related Transactions, and Director Independence	96
Item 14.		Principal Accountant Fees and Services	96
PART IV
Item 15.		Exhibits and Financial Statement Schedules	97
		Signatures	98
		Index to exhibits	99