XML 116 R37.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Income Taxes (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2013
INCOME TAXES [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | The components of income tax expense (benefit) for the years ended March 31 are as follow:
$ in thousands |  | 2013 |  | 2012 |  | 2011
Federal income tax expense (benefit): |  |  |  |  |  |
Current |  | $ | 149 |  |  | $ | (1,067 | ) |  | $ | 751 |
Deferred |  | (1,024 | ) |  | (1,080 | ) |  | 14,106 |
Valuation allowance |  | 1,024 |  |  | 1,080 |  |  | — |
|  | 149 |  |  | (1,067 | ) |  | 14,857 |
State and local income tax expense (benefit): |  |  |  |  |  |
Current |  | 179 |  |  | 106 |  |  | 170 |
Deferred |  | 229 |  |  | (1,755 | ) |  | 691 |
Valuation allowance |  | (229 | ) |  | 1,755 |  |  | — |
|  | 179 |  |  | 106 |  |  | 861 |
Total income tax expense (benefit) |  | $ | 328 |  |  | $ | (961 | ) |  | $ | 15,718 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | The following is a reconciliation of the expected Federal income tax rate to the consolidated effective tax rate for the years ended March 31:
$ in thousands | 2013 |  |  |  | 2012 |  |  |  | 2011 |  |
| Amount |  | Percent |  | Amount |  | Percent |  | Amount |  | Percent
Statutory Federal income tax expense (benefit) | $ | 337 |  |  | 34.0 | % |  | $ | (8,285 | ) |  | 34.0 | % |  | $ | (8,095 | ) |  | 34.0 | %
State and local income taxes, net of Federal tax benefit | 49 |  |  | 4.9 | % |  | (1,541 | ) |  | 6.3 | % |  | (293 | ) |  | 1.2 | %
General business credit | (32 | ) |  | (3.3 | )% |  | (32 | ) |  | 0.1 | % |  | (32 | ) |  | 0.1 | %
Tax gain on sale of NMTC | — |  |  | — | % |  | — |  |  | — | % |  | 4,905 |  |  | (20.6 | )%
Valuation Allowance | 795 |  |  | 80.3 | % |  | 2,835 |  |  | (11.6 | )% |  | 18,870 |  |  | (79.3 | )%
Write off DTA due to Section 382 limitation | (1,363 | ) |  | (137.7 | )% |  | 6,089 |  |  | (25.0 | )% |  | — |  |  | — | %
True-ups/Adjustments | 524 |  |  | 53.1 | % |  | — |  |  | — | % |  | — |  |  | — | %
Other | 18 |  |  | 1.8 | % |  | (27 | ) |  | 0.1 | % |  | 363 |  |  | (1.5 | )%
Total income tax expense (benefit) | 328 |  |  | 33.1 | % |  | (961 | ) |  | 3.9 | % |  | 15,718 |  |  | (66.0 | )%
Temporary difference portions of deferred tax assets liabilities [Table Text Block] | Tax effects of existing temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities are included in other assets at March 31 as follows:
$ in thousands | 2013 |  | 2012
Deferred Tax Assets: |  |  |
Allowance for loan losses | $ | 3,318 |  |  | $ | 7,215 |
Deferred loan costs, net | 366 |  |  | 469 |
Non-accrual loan interest | 2,265 |  |  | 2,911 |
Purchase accounting adjustment | 144 |  |  | 170 |
Net operating loss carryforward | 10,289 |  |  | 6,572 |
New markets tax credit | 3,274 |  |  | 1,879 |
Depreciation | 701 |  |  | 561 |
Minimum pension liability | 110 |  |  | 110 |
Market value adjustment on HFS loans | 1,608 |  |  | 1,608 |
Other | 601 |  |  | 570 |
Total Deferred Tax Assets | 22,676 |  |  | 22,065 |
Deferred Tax Liabilities: |  |  |
Income from affiliate | 176 |  |  | 361 |
Unrealized gain on available-for-sale securities | 394 |  |  | 139 |
Total Deferred Tax Liabilities | 570 |  |  | 500 |
Valuation Allowance | $ | (22,106 | ) |  | $ | (21,565 | )
Net Deferred Tax Assets | $ | — |  |  | $ | — |

X
- Details
Name: | carv_IncomeTaxesAbstract
Namespace Prefix: | carv_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Temporary difference portions of deferred tax assets liabilities [Table Text Block] + References No definition available. + Details
Name: | carv_TemporaryDifferencePortionsOfDeferredTaxAssetsLiabilitiesTableTextBlock
Namespace Prefix: | carv_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration