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Employee Benefit and Stock Compensation Plans (Tables) | 12 Months Ended
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Mar. 31, 2013
Plan's changes in benefit obligation [Abstract] |
Schedule of Changes in Projected Benefit Obligations [Table Text Block] | The following table sets forth the plan's changes in benefit obligation, changes in plan assets and funded status and amounts recognized in Carver Federal's consolidated financial statements at March 31:
$ in thousands | 2013 |  | 2012
Change in benefit obligation: |  |  |
Benefit obligation at the beginning of year | $ | 2,614 |  |  | $ | 2,406 |
Interest cost | 106 |  |  | 122 |
Actuarial gain | 53 |  |  | 272 |
Benefits paid | (390 | ) |  | (179 | )
Settlements | 43 |  |  | (7 | )
Benefit obligation at end of year | $ | 2,426 |  |  | $ | 2,614 |
Change in fair value of plan assets: |  |  |
Fair value of plan assets at beginning of year | $ | 2,251 |  |  | $ | 2,115 |
Actual return on plan assets | 160 |  |  | 72 |
Contributions | — |  |  | 250 |
Benefits paid | (190 | ) |  | (179 | )
Settlements | (198 | ) |  | (7 | )
Fair value of plan assets at end of year | $ | 2,023 |  |  | $ | 2,251 |
Funded status | $ | (403 | ) |  | $ | (363 | )
Accrued pension cost | $ | (403 | ) |  | $ | (363 | )
Schedule of Net Benefit Costs [Table Text Block] | Net periodic pension benefit includes the following components for the years ended March 31:
$ in thousands | 2013 |  | 2012 |  | 2011
Interest cost | $ | 106 |  |  | $ | 122 |  |  | $ | 131 |
Unrecognized loss | 45 |  |  | 61 |  |  | 54 |
Settlement charge | 100 |  |  | — |  |  | — |
Expected return on plan assets | (176 | ) |  | (163 | ) |  | (152 | )
Net periodic pension benefit | $ | 75 |  |  | $ | 20 |  |  | $ | 33 |
Schedule of Assumptions Used [Table Text Block] | Significant actuarial assumptions used in determining plan benefits for the years ended March 31 are as follows:
| 2013 |  | 2012 |  | 2011
Annual salary increase (1) | — |  |  | — |  |  | — |
Expected long-term return on assets | 8.00 | % |  | 8.00 | % |  | 8.00 | %
Discount rate used in measurement of benefit obligations | 3.75 | % |  | 4.18 | % |  | 5.25 | %
(1) | The annual salary increase rate is not applicable as the plan is frozen and no new benefits accrue.
Plan Assets held by Carver federal Plan at Fair Value by Level [Table Text Block] | The following table presents the plan assets held by the Carver Federal Plan as of March 31, 2013 at fair value by level within the fair value hierarchy under ASC Topic 820. Financial assets are classified in their entirety based upon the lowest level of input that is significant to their fair value measurement. See Note 15 for further details regarding the fair value hierarchy.
|  |  | Quoted Prices in Active Markets for Identical Assets |  | Significant Other Observable Inputs |  | Significant Unobservable Inputs
$ in thousands | Total |  | (Level 1) |  | (Level 2) |  | (Level 3)
Mutual Funds | $ | 2,023 |  |  | $ | — |  |  | $ | 2,023 |  |  | $ | — |
The Mutual Funds contains a mix of equity and debt securities. The portfolio is invested in 84 % domestic and 16% international funds.
Schedule of Allocation of Plan Assets [Table Text Block] | The weighted average asset allocations for Carver Federal's Plan as of March 31, 2013 and 2012, were as follows:
| At March 31,
Asset | 2013 |  | 2012
Equity securities | 61% |  | 67%
Debt securities | 39% |  | 33%
Total | 100% |  | 100%
Schedule of Expected Benefit Payments [Table Text Block] | The following annuity payments, which reflect expected future service, as appropriate, are expected to be paid by Carver Federal's Plan during the years indicated:
Year | Amount
2014 | 166 |
2015 | 161 |
2016 | 155 |
2017 | 162 |
2018 | 156 |
2019-2022 | 720 |
Total | $ | 1,520 |
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | Information regarding stock options as of and for the years ended March 31 is as follows:
| 2013 |  | 2012 |  | 2011
| Options (1) |  | Weighted Average Exercise Price |  | Options (1) |  | Weighted Average Exercise Price |  | Options (1) |  | Weighted Average Exercise Price
Outstanding, beginning of year | 7,362 |  |  | $ | 235.00 |  |  | 10,244 |  |  | $ | 216.75 |  |  | 12,715 |  |  | $ | 204.00 |
Granted | — |  |  | — |  |  | — |  |  | — |  |  | 200 |  |  | 97.50 |
Exercised | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Expired/Forfeited | (2,000 | ) |  | 180.9 |  |  | (2,882 | ) |  | 170.08 |  |  | (2,671 | ) |  | 147.30 |
Outstanding, end of year | 5,362 |  |  | 255.17 |  |  | 7,362 |  |  | 235.00 |  |  | 10,244 |  |  | 216.75 |
Exercisable, at year end | 5,229 |  |  |  |  | 6,696 |  |  |  |  | 9,578 |  |  |
(1) Options for all periods presented reflects a 1-for-15 reverse stock split which was effective on October 27, 2011
Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award Activity [Table Text Block] | Information regarding stock options as of and for the year ended March 31, 2013 is as follows :
|  |  | Options Outstanding |  | Options Exercisable
Range of Exercise Prices |  | Shares |  | Weighted Average Remaining Life |  | Weighted Average Exercise Price |  | Shares |  | Weighted Average Exercise Price
$ | 90.00 |  | $ | 104.85 |  |  | 133 |  |  | 7.36 years |  | $97.50 |  | — |  |  | $97.50
240.00 |  | 254.85 |  |  | 3,233 |  |  | 2.32 years |  | 248.77 |  | 3,233 |  |  | 16.55
255.00 |  | 269.85 |  |  | 996 |  |  | 2.18 years |  | 257.63 |  | 996 |  |  | 257.63
285.00 |  | 299.85 |  |  | 1,000 |  |  | 1.23 years |  | 294.45 |  | 1,000 |  |  | 294.45
Total |  |  | 5,362 |  |  |  |  |  |  | 5,229 |  |  |
Option pricing model assumptions [Table Text Block] | The fair value of the option grants was estimated on the date of the grant using the Black-Scholes option pricing model applying the following weighted average assumptions for the years ended March 31:
| 2013 |  | 2012 |  | 2011
Risk-free interest rate | N/A |  | N/A |  | 0.0347
Volatility | N/A |  | N/A |  | 0.23
Annual dividends | N/A |  | N/A |  | $50
Expected life of option grants | N/A |  | N/A |  | 10 yrs

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- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(5) -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the change in the benefit obligation of pension plans and/or other employee benefit plans from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920 + Details
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