The estimated Net Worth of David Lam is at least $553 Thousand dollars as of 29 June 2023. Mr. Lam owns over 1,511 units of Riverview stock worth over $237,734 and over the last 6 years he sold RVSB stock worth over $0. In addition, he makes $314,815 as Chief Financial Officer and Executive Vice President at Riverview.
David has made over 4 trades of the Riverview stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 1,511 units of RVSB stock worth $4,201 on 29 June 2023.
The largest trade he's ever made was buying 2,000 units of Riverview stock on 12 March 2020 worth over $9,500. On average, David trades about 835 units every 185 days since 2018. As of 29 June 2023 he still owns at least 52,480 units of Riverview stock.
You can see the complete history of Mr. Lam stock trades at the bottom of the page.
David Lam CPA serves as Chief Financial Officer, Executive Vice President of the Company. Prior to July 2017, Mr. Lam served as Senior Vice President and Controller of the Bank since 2008. He is responsible for accounting, SEC reporting and treasury functions for the Bank and the Company. Prior to joining Riverview, Mr. Lam spent ten years working in the public accounting sector advancing to the level of audit manager. Mr. Lam holds a Bachelor of Arts degree in business administration with an emphasis in accounting from Oregon State University. Mr. Lam is a CPA, holds a chartered global management accountant designation and is a member of both the American Institute of CPAs and Oregon Society of CPAs.
As the Chief Financial Officer and Executive Vice President of Riverview, the total compensation of David Lam at Riverview is $314,815. There are 6 executives at Riverview getting paid more, with Kevin Lycklama having the highest compensation of $718,546.
David Lam is 43, he's been the Chief Financial Officer and Executive Vice President of Riverview since 2017. There are 14 older and 2 younger executives at Riverview. The oldest executive at Riverview Bancorp, Inc. is Jerry Olson, 78, who is the Independent Director.
David's mailing address filed with the SEC is 900 WASHINGTON STREET, SUITE 900, VANCOUVER, WA, 98660.
Over the last 21 years, insiders at Riverview have traded over $8,320,604 worth of Riverview stock and bought 881,902 units worth $3,026,066 . The most active insiders traders include David Nierenberg, James M Chadwick, and Advisors, Llc Ancora. On average, Riverview executives and independent directors trade stock every 37 days with the average trade being worth of $51,837. The most recent stock trade was executed by Robert Benke on 1 August 2024, trading 5,000 units of RVSB stock currently worth $23,100.
riverview bancorp, inc. is the holding company of riverview community bank, a progressive community-oriented financial institution that emphasizes local, personal service throughout southwest washington and the portland metropolitan area. the company provides personal and commercial financial solutions through its network of 17 branches, a professional mortgage broker division, and its trust subsidiary riverview asset management corp. the bank provides numerous deposit services including checking and savings, money market, and certificates of deposit; internet banking, 24-hour customer information line, atms and courier service. the bank offers commercial real estate loans, construction and land development loans, commercial and industrial loans as well as consumer home equity loans and lines of credit. as of october 1, 2009, the bank operated 17 branches and an operations and lending service center. branches include 14 in southwest washington, and 2 in the portland, oregon metro area.
Riverview executives and other stock owners filed with the SEC include: