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Riverview Financial suspends Q1'18 dividend

The board of Riverview Financial Corp. suspended the payment of the company's 2018 first-quarter dividend.

The Harrisburg, Pa.-based company is conserving capital after being affected by certain nonrecurring expenses in the fourth quarter of 2017, including a $3.3 million merger-related pretax expense from its acquisition of CBT Financial Corp. and a $3.9 million, or 43 cents per share, charge to its income tax expense related to the revaluation of its net deferred tax assets under the new tax law.