XML 48 R23.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Loan Receivable and Allowance for Loan and Lease Losses (Tables) | 6 Months Ended
--- | ---
Sep. 30, 2013
LOANS RECEIVABLE AND ALLOWANCE FOR LOAN AND LEASE LOSSES [Abstract] |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | The following is a summary of loans receivable, net of allowance for loan losses, and loans held-for-sale at September 30, 2013 and March 31, 2013:
|  | September 30, 2013 |  | March 31, 2013
$ in thousands |  | Amount |  | Percent |  | Amount |  | Percent
Gross loans receivable: |  |  |  |  |  |  |  |
One-to-four family |  | $ | 120,454 |  |  | 30 | % |  | $ | 73,625 |  |  | 20 | %
Multifamily |  | 54,235 |  |  | 14 | % |  | 56,427 |  |  | 15 | %
Commercial real estate |  | 189,090 |  |  | 47 | % |  | 203,813 |  |  | 55 | %
Construction |  | 5,175 |  |  | 1 | % |  | 1,228 |  |  | — | %
Business |  | 30,188 |  |  | 8 | % |  | 35,795 |  |  | 10 | %
Consumer and other (1) |  | 193 |  |  | — | % |  | 247 |  |  | — | %
Total loans receivable |  | $ | 399,335 |  |  | 100 | % |  | $ | 371,135 |  |  | 100 | %
Add: |  |  |  |  |  |  |  |
Premium on loans |  | 1,066 |  |  |  |  | 728 |  |  |
Less: |  |  |  |  |  |  |  |
Deferred fees and loan discounts,net |  | (1,360 | ) |  |  |  | (1,741 | ) |  |
Allowance for loan losses |  | (9,399 | ) |  |  |  | (10,989 | ) |  |
Total loans receivable, net |  | $ | 389,642 |  |  |  |  | $ | 359,133 |  |  |
Loans held-for-sale |  | $ | 7,854 |  |  |  |  | $ | 13,107 |  |  |
Allowance for Credit Losses on Financing Receivables [Table Text Block] | The following is an analysis of the allowance for loan losses based upon the method of evaluating loan impairment for the six month period ended September 30, 2012.
$ in thousands |  | One-to-four family Residential |  | Multi-Family Mortgage |  | Commercial Real Estate |  | Construction |  | Business |  | Consumer and Other |  | Unallocated |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance |  | $ | 4,305 |  |  | $ | 5,409 |  |  | $ | 6,709 |  |  | $ | 1,532 |  |  | $ | 1,786 |  |  | $ | 80 |  |  | $ | — |  |  | $ | 19,821 |
Charge-offs |  | 1,633 |  |  | 225 |  |  | 1,148 |  |  | — |  |  | 1,198 |  |  | 2 |  |  | — |  |  | 4,206 |
Recoveries |  | — |  |  | — |  |  | — |  |  | — |  |  | 6 |  |  | 3 |  |  | — |  |  | 9 |
Provision for Loan Losses |  | 2,037 |  |  | (2,545 | ) |  | (513 | ) |  | (1,226 | ) |  | 3,020 |  |  | (37 | ) |  | 48 |  |  | 784 |
Ending Balance |  | $ | 4,709 |  |  | $ | 2,639 |  |  | $ | 5,048 |  |  | $ | 306 |  |  | $ | 3,614 |  |  | $ | 44 |  |  | 48 |  |  | $ | 16,408 |
Allowance for Loan Losses Ending Balance: collectively evaluated for impairment |  | 4,582 |  |  | 2,590 |  |  | 4,613 |  |  | 306 |  |  | 1,944 |  |  | 44 |  |  | 48 |  |  | 14,127 |
Allowance for Loan Losses Ending Balance: individually evaluated for impairment |  | 127 |  |  | 49 |  |  | 435 |  |  | — |  |  | 1,670 |  |  | — |  |  | — |  |  | 2,281 |
Loan Receivables Ending Balance: |  | $ | 61,948 |  |  | $ | 73,515 |  |  | $ | 199,641 |  |  | $ | 8,297 |  |  | $ | 36,097 |  |  | $ | 452 |  |  | — |  |  | $ | 379,950 |
Ending Balance: collectively evaluated for impairment |  | 59,024 |  |  | 72,837 |  |  | 187,274 |  |  | 4,039 |  |  | 30,544 |  |  | 452 |  |  | — |  |  | 354,170 |
Ending Balance: individually evaluated for impairment |  | 2,924 |  |  | 678 |  |  | 12,367 |  |  | 4,258 |  |  | 5,553 |  |  | — |  |  | — |  |  | 25,780 |
The following is an analysis of the allowance for loan losses based upon the method of evaluating loan impairment for the fiscal year ended March 31, 2013.
$ in thousands |  | One-to-four family Residential |  | Multi-Family Mortgage |  | Commercial Real Estate |  | Construction |  | Business |  | Consumer and Other |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance |  | $ | 4,305 |  |  | $ | 5,409 |  |  | $ | 6,709 |  |  | $ | 1,532 |  |  | $ | 1,786 |  |  | $ | 80 |  |  | $ | 19,821 |
Charge-offs |  | 2,103 |  |  | 226 |  |  | 1,148 |  |  | 151 |  |  | 2,274 |  |  | 1 |  |  | 5,903 |
Recoveries |  | 15 |  |  | 91 |  |  | — |  |  | 22 |  |  | 265 |  |  | 5 |  |  | 398 |
Provision for Loan Losses |  | 1,279 |  |  | (4,866 | ) |  | (2,263 | ) |  | (1,403 | ) |  | 3,982 |  |  | (56 | ) |  | (3,327 | )
Ending Balance |  | $ | 3,496 |  |  | $ | 408 |  |  | $ | 3,298 |  |  | $ | — |  |  | $ | 3,759 |  |  | $ | 28 |  |  | $ | 10,989 |
Allowance for Loan Losses Ending Balance: collectively evaluated for impairment |  | 3,179 |  |  | 409 |  |  | 3,103 |  |  | — |  |  | 1,959 |  |  | 28 |  |  | 8,678 |
Allowance for Loan Losses Ending Balance: individually evaluated for impairment |  | 317 |  |  | — |  |  | 194 |  |  | — |  |  | 1,800 |  |  | — |  |  | 2,311 |
Loan Receivables Ending Balance: |  | $ | 73,987 |  |  | $ | 56,607 |  |  | $ | 202,771 |  |  | $ | 1,230 |  |  | $ | 35,277 |  |  | $ | 250 |  |  | 370,122 |
Ending Balance: collectively evaluated for impairment |  | 67,619 |  |  | 55,991 |  |  | 186,336 |  |  | — |  |  | 28,904 |  |  | 250 |  |  | 339,100 |
Ending Balance: individually evaluated for impairment |  | 6,368 |  |  | 616 |  |  | 16,435 |  |  | 1,230 |  |  | 6,373 |  |  | — |  |  | 31,022 |
he following is an analysis of the allowance for loan losses based upon the method of evaluating loan impairment for the six month period ended September 30, 2013.
$ in thousands |  | One-to-four family Residential |  | Multi-Family Mortgage |  | Commercial Real Estate |  | Construction |  | Business |  | Consumer and Other |  | Unallocated |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance |  | $ | 3,496 |  |  | $ | 408 |  |  | $ | 3,298 |  |  | $ | — |  |  | $ | 3,759 |  |  | $ | 28 |  |  | $ | — |  |  | $ | 10,989 |
Charge-offs |  | 1,619 |  |  | — |  |  | 512 |  |  | — |  |  | 393 |  |  | 15 |  |  | — |  |  | 2,539 |
Recoveries |  | 502 |  |  | 16 |  |  | — |  |  | — |  |  | 96 |  |  | 9 |  |  | — |  |  | 623 |
Provision for Loan Losses |  | 1,844 |  |  | (30 | ) |  | 102 |  |  | 210 |  |  | (1,860 | ) |  | 7 |  |  | 53 |  |  | 326 |
Ending Balance |  | $ | 4,223 |  |  | $ | 394 |  |  | $ | 2,888 |  |  | $ | 210 |  |  | $ | 1,602 |  |  | $ | 29 |  |  | $ | 53 |  |  | $ | 9,399 |
Allowance for Loan Losses Ending Balance: collectively evaluated for impairment |  | 3,556 |  |  | 394 |  |  | 2,659 |  |  | 210 |  |  | 1,147 |  |  | 29 |  |  | 53 |  |  | 8,048 |
Allowance for Loan Losses Ending Balance: individually evaluated for impairment |  | 667 |  |  | — |  |  | 229 |  |  | — |  |  | 455 |  |  | — |  |  | — |  |  | 1,351 |
Loan Receivables Ending Balance |  | $ | 121,448 |  |  | $ | 54,368 |  |  | $ | 188,124 |  |  | $ | 5,142 |  |  | $ | 29,731 |  |  | $ | 228 |  |  | — |  |  | $ | 399,041 |
Ending Balance: collectively evaluated for impairment |  | 115,362 |  |  | 52,994 |  |  | 176,456 |  |  | 5,067 |  |  | 25,146 |  |  | 228 |  |  | — |  |  | 375,253 |
Ending Balance: individually evaluated for impairment |  | 6,086 |  |  | 1,374 |  |  | 11,668 |  |  | 75 |  |  | 4,585 |  |  | — |  |  | — |  |  | 23,788 |
Non performing loans [Table Text Block] | The following is a summary of non-accrual loans at September 30, 2013 and March 31, 2013.
$ in thousands | September 30, 2013 |  | March 31, 2013
Loans accounted for on a non-accrual basis: |  |  |
Gross loans receivable: |  |  |
One-to-four family | $ | 4,343 |  |  | $ | 7,642 |
Multifamily | 758 |  |  | 423 |
Commercial real estate | 10,503 |  |  | 14,788 |
Construction | 75 |  |  | 1,230 |
Business | 2,457 |  |  | 6,505 |
Consumer and other | 4 |  |  | 38 |
Total non-accrual loans | $ | 18,140 |  |  | $ | 30,626 |
Non-accrual loans decreased $12.5 million, or 40.7%, to $18.1 million at September 30, 2013 from $30.6 million at March 31, 2013. The majority of the decline during the current six month period ended September 30, 2013 related to thirteen non-performing loans with a fair value of $7.1 million that were moved to held-for-sale, ten TDR loans with a fair value of $6.4 million that were upgraded to accrual status as they had performed in accordance with their modified terms for six months and one multifamily loan with a fair value of $1.1 million that was paid off. Non-performing loans at September 30, 2013, were comprised of $10.0 million of loans 90 days or more past due and non-accruing, $4.6 million of loans classified as a troubled debt restructuring and either not consistently performing in accordance with their modified terms or not performing in accordance with their modified terms for at least six months, and $3.6 million of loans that are either performing or less than 90 days past due and have been classified as impaired. Non-performing loans at March 31, 2013, were comprised of $9.1 million of loans 90 days or more past due and non-accruing, $16.7 million of loans classified as a troubled debt restructuring and either not consistently performing in accordance with their modified terms or not performing in accordance with their modified terms for at least six months, and $4.9 million of loans that were either performing or less than 90 days past due and had been classified as impaired. At September 30, 2013, other non-performing assets totaled $8.8 million which consists of other real estate owned and held-for-sale loans. At September 30, 2013, other real estate owned valued at $970 thousand comprised of ten foreclosed properties, compared to $2.4 million comprised of nine properties at March 31, 2013. At September 30, 2013, held-for-sale loans totaled $7.9 million, compared to $13.1 million at March 31, 2013.
Schedules of Concentration of Risk, by Risk Factor [Table Text Block] | As of March 31, 2013, and based on the most recent analysis performed, the risk category by class of loans is as follows:
$ in thousands | Multi-Family Mortgage |  | Commercial Real Estate |  | Construction |  | Business
Credit Risk Profile by Internally Assigned Grade: |  |  |  |  |  |
Pass | $ | 53,419 |  |  | $ | 165,965 |  |  | $ | — |  |  | $ | 23,651 |
Special Mention | — |  |  | 3,400 |  |  | — |  |  | 2,922 |
Substandard | 3,188 |  |  | 33,406 |  |  | 1,230 |  |  | 8,704 |
Total | $ | 56,607 |  |  | $ | 202,771 |  |  | $ | 1,230 |  |  | $ | 35,277 |
$ in thousands |  |  |  |  | One-to-four family Residential |  | Consumer and Other
Credit Risk Profile Based on Payment Activity: |  |  |  |
Performing |  | $ | 66,344 |  |  | $ | 212 |
Non-Performing |  | 7,643 |  |  | 38 |
Total |  | $ | 73,987 |  |  | $ | 250 |
The Bank utilizes an internal loan classification system as a means of reporting problem loans within its loan categories. Loans may be classified as "Pass," “Special Mention,” “Substandard,” “Doubtful,” and “Loss.” Loans rated Pass have demonstrated satisfactory asset quality, earning history, liquidity, and other adequate margins of creditor protection. They represent a moderate credit risk and some degree of financial stability. Loans are considered collectible in full, but perhaps require greater than average amount of loan officer attention. Borrowers are capable of absorbing normal setbacks without failure. Loans rated Special Mention have potential weaknesses that deserve management's close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the Bank's credit position at some future date. Loans rated Substandard are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified must have a well-defined weakness, or weaknesses, that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Loans rated Doubtful have all the weaknesses inherent in those classified Substandard with the added characteristic that the weaknesses present make collection or liquidation in full, based on currently existing facts, conditions and values, highly questionable and improbable. Loans classified as Loss are those considered uncollectible with insignificant value and are charged-off immediately to the allowance for loan losses. One-to-four family residential loans and consumer and other loans are rated non-performing if they are delinquent in payments ninety or more days, a troubled debt restructuring with less than six months contractual performance or past maturity. All other one-to-four family residential loans and consumer and other loans are performing loans. As of September 30, 2013, the risk category by class of loans is as follows:
$ in thousands |  | Multi-Family Mortgage |  | Commercial Real Estate |  | Construction |  | Business
Credit Risk Profile by Internally Assigned Grade: |  |  |  |  |  |  |  |
Pass |  | $ | 52,151 |  |  | $ | 161,471 |  |  | $ | 5,100 |  |  | $ | 20,987 |
Special Mention |  | — |  |  | 9,942 |  |  | — |  |  | 2,278 |
Substandard |  | 2,217 |  |  | 16,711 |  |  | 42 |  |  | 6,466 |
Total |  | $ | 54,368 |  |  | $ | 188,124 |  |  | $ | 5,142 |  |  | $ | 29,731 |
$ in thousands |  | One-to-four family Residential |  | Consumer and Other
Credit Risk Profile Based on Payment Activity: |  |  |  |
Performing |  | $ | 117,105 |  |  | $ | 224 |
Non-Performing |  | 4,343 |  |  | 4 |
Total |  | $ | 121,448 |  |  | $ | 228 |
Schedule of Financing Receivables, Non Accrual Status [Table Text Block] | The following table presents an aging analysis of the recorded investment of past due financing receivable as of September 30, 2013.
$ in thousands |  | 30-59 Days Past Due |  | 60-89 Days Past Due |  | Greater Than 90 Days |  | Total Past Due |  | Non-performing TDR |  | Performing TDR (1) |  | Impaired(2) |  | Current |  | Total Financing Receivables
One-to-four family residential |  | $ | 844 |  |  | $ | — |  |  | $ | 2,413 |  |  | $ | 3,257 |  |  | $ | 1,930 |  |  | $ | 3,189 |  |  | — |  |  | $ | 113,072 |  |  | $ | 121,448 |
Multi-family mortgage |  | 1,285 |  |  | 142 |  |  | 758 |  |  | 2,185 |  |  | — |  |  | 616 |  |  | — |  |  | 51,567 |  |  | 54,368 |
Commercial real estate |  | 202 |  |  | 696 |  |  | 5,700 |  |  | 6,598 |  |  | 1,811 |  |  | 3,898 |  |  | 2,992 |  |  | 172,825 |  |  | 188,124 |
Construction |  | — |  |  | — |  |  | — |  |  | — |  |  | 75 |  |  | — |  |  | — |  |  | 5,067 |  |  | 5,142 |
Business |  | 47 |  |  | — |  |  | 1,082 |  |  | 1,129 |  |  | 756 |  |  | 3,211 |  |  | 619 |  |  | 24,016 |  |  | 29,731 |
Consumer and other |  | 18 |  |  | 9 |  |  | 4 |  |  | 31 |  |  | — |  |  | — |  |  | — |  |  | 197 |  |  | 228 |
Total |  | $ | 2,396 |  |  | $ | 847 |  |  | $ | 9,957 |  |  | $ | 13,200 |  |  | $ | 4,572 |  |  | 10,914 |  |  | $ | 3,611 |  |  | $ | 366,744 |  |  | $ | 399,041 |
The following table presents an aging analysis of the recorded investment of past due financing receivable as of March 31, 2013.
$ in thousands |  | 30-59 Days Past Due |  | 60-89 Days Past Due |  | Greater Than 90 Days |  | Total Past Due |  | Non-performing TDR |  | Performing TDR (1) |  | Impaired(2) |  | Current |  | Total Financing Receivables
One-to-four family residential |  | $ | 348 |  |  | $ | 28 |  |  | $ | 4,501 |  |  | $ | 4,877 |  |  | $ | 3,141 |  |  | $ | 2,670 |  |  | $ | — |  |  | 63,299 |  |  | 73,987 |
Multi-family mortgage |  | 238 |  |  | 1,142 |  |  | 423 |  |  | 1,803 |  |  | — |  |  | 616 |  |  | — |  |  | 54,188 |  |  | 56,607 |
Commercial real estate |  | 220 |  |  | 846 |  |  | 2,671 |  |  | 3,737 |  |  | 9,097 |  |  | 1,290 |  |  | 3,020 |  |  | 185,627 |  |  | 202,771 |
Construction |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,230 |  |  | — |  |  | 1,230 |
Business |  | 261 |  |  | 148 |  |  | 1,439 |  |  | 1,848 |  |  | 4,447 |  |  | 464 |  |  | 619 |  |  | 27,899 |  |  | 35,277 |
Consumer and other |  | 6 |  |  | 1 |  |  | 38 |  |  | 45 |  |  | — |  |  | — |  |  | — |  |  | 205 |  |  | 250 |
Total |  | $ | 1,073 |  |  | $ | 2,165 |  |  | $ | 9,072 |  |  | $ | 12,310 |  |  | $ | 16,685 |  |  | $ | 5,040 |  |  | $ | 4,869 |  |  | $ | 331,218 |  |  | $ | 370,122 |
Impaired Financing Receivables [Table Text Block] | The following table presents information on impaired loans with the associated allowance amount, if applicable, at September 30, 2013 and the interest income recognized for the six month period ended September 30, 2013 and 2012.
|  | September 30, 2013 |  | September 30, 2012
$ in thousands |  | Recorded Investment |  | Unpaid Principal Balance |  | Associated Allowance |  | Average Balance |  | Interest Income Recognized |  | Average Balance |  | Interest Income Recognized
With no specific allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |
One-to-four family residential |  | $ | 918 |  |  | $ | 1,278 |  |  | $ | — |  |  | $ | 1,376 |  |  | $ | 1 |  |  | $ | 467 |  |  | $ | 27 |
Multi-family mortgage |  | 1,374 |  |  | 1,374 |  |  | — |  |  | 995 |  |  | 1 |  |  | 97 |  |  | 5 |
Commercial real estate |  | 8,623 |  |  | 9,018 |  |  | — |  |  | 8,703 |  |  | 62 |  |  | 6,141 |  |  | 151 |
Construction |  | 75 |  |  | 339 |  |  | — |  |  | 519 |  |  | — |  |  | 5,293 |  |  | 53 |
Business |  | 1,730 |  |  | 2,164 |  |  | — |  |  | 1,689 |  |  | 7 |  |  | 2,536 |  |  | 41 |
Total |  | $ | 12,720 |  |  | $ | 14,173 |  |  | $ | — |  |  | $ | 13,282 |  |  | $ | 71 |  |  | $ | 14,534 |  |  | $ | 277 |
With an allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |
One-to-four family residential |  | $ | 5,168 |  |  | $ | 5,292 |  |  | $ | 667 |  |  | $ | 5,200 |  |  | $ | 40 |  |  | $ | 2,552 |  |  | $ | 28 |
Multi-family mortgage |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 742 |  |  | — |
Commercial real estate |  | 3,045 |  |  | 3,259 |  |  | 229 |  |  | 3,802 |  |  | 5 |  |  | 8,182 |  |  | 115 |
Business |  | 2,855 |  |  | 2,855 |  |  | 455 |  |  | 3,700 |  |  | 36 |  |  | 3,242 |  |  | 199 |
Total |  | $ | 11,068 |  |  | $ | 11,406 |  |  | $ | 1,351 |  |  | $ | 12,702 |  |  | $ | 81 |  |  | $ | 14,718 |  |  | $ | 342 |
Total impaired loans by type: |  |  |  |  |  |  |  |  |  |  |  |  |  |
One-to-four family residential |  | $ | 6,086 |  |  | $ | 6,570 |  |  | $ | 667 |  |  | $ | 6,576 |  |  | $ | 41 |  |  | $ | 3,019 |  |  | $ | 55 |
Multi-family mortgage |  | 1,374 |  |  | 1,374 |  |  | — |  |  | 995 |  |  | 1 |  |  | 839 |  |  | 5 |
Commercial real estate |  | 11,668 |  |  | 12,277 |  |  | 229 |  |  | 12,505 |  |  | 67 |  |  | 14,323 |  |  | 266 |
Construction |  | 75 |  |  | 339 |  |  | — |  |  | 519 |  |  | — |  |  | 5,293 |  |  | 53 |
Business |  | 4,585 |  |  | 5,019 |  |  | 455 |  |  | 5,389 |  |  | 43 |  |  | 5,778 |  |  | 240 |
Total |  | $ | 23,788 |  |  | $ | 25,579 |  |  | $ | 1,351 |  |  | $ | 25,984 |  |  | $ | 152 |  |  | $ | 29,252 |  |  | $ | 619 |
e following table presents information on impaired loans with the associated allowance amount, if applicable, and the interest income recognized during the year ended March 31, 2013.
Impaired Loans by Class
As of and for the year ended March 31, 2013
$ in thousands |  | Recorded Investment |  | Unpaid Principal Balance |  | Associated Allowance |  | Average Balance |  | Interest Income Recognized
With no specific allowance recorded: |  |  |  |  |  |  |  |
One-to-four family residential |  | $ | 1,319 |  |  | $ | 1,460 |  |  | $ | — |  |  | $ | 1,215 |  |  | $ | 47 |
Multi-family mortgage |  | 616 |  |  | 616 |  |  | — |  |  | 308 |  |  | 5 |
Commercial real estate |  | 11,070 |  |  | 11,270 |  |  | — |  |  | 9,865 |  |  | 235 |
Construction |  | 1,230 |  |  | 1,492 |  |  | — |  |  | 1,230 |  |  | 53 |
Business |  | 1,080 |  |  | 2,002 |  |  | — |  |  | 1,136 |  |  | 41 |
Total |  | $ | 15,315 |  |  | $ | 16,840 |  |  | $ | — |  |  | $ | 13,754 |  |  | $ | 381 |
With an allowance recorded: |  |  |  |  |  |  |  |  |  |
One-to-four family residential |  | $ | 5,049 |  |  | $ | 5,244 |  |  | $ | 317 |  |  | $ | 5,363 |  |  | $ | 57 |
Commercial real estate |  | 5,365 |  |  | 5,913 |  |  | 194 |  |  | 6,302 |  |  | 133 |
Business |  | 5,293 |  |  | 5,293 |  |  | 1,800 |  |  | 4,932 |  |  | 254 |
Total |  | $ | 15,707 |  |  | $ | 16,450 |  |  | $ | 2,311 |  |  | $ | 16,597 |  |  | $ | 444 |
Total impaired loans by type: |  |  |  |  |  |  |  |  |  |
One-to-four family residential |  | $ | 6,368 |  |  | $ | 6,704 |  |  | $ | 317 |  |  | 6,578 |  |  | 104 |
Multi-family mortgage |  | 616 |  |  | 616 |  |  | — |  |  | 308 |  |  | 5 |
Commercial real estate |  | 16,435 |  |  | 17,183 |  |  | 194 |  |  | 16,167 |  |  | 368 |
Construction |  | 1,230 |  |  | 1,492 |  |  | — |  |  | 1,230 |  |  | 53 |
Business |  | 6,373 |  |  | 7,295 |  |  | 1,800 |  |  | 6,068 |  |  | 295 |
Total |  | $ | 31,022 |  |  | $ | 33,290 |  |  | $ | 2,311 |  |  | $ | 30,351 |  |  | $ | 825 |
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | In certain circumstances, loan modifications involve a troubled borrower to whom the Bank may grant a modification. Situations around modifications involving troubled borrowers may include extension of maturity date, reduction in the stated interest rate, rescheduling of future cash flows, reduction in the face amount of the debt or reduction of past accrued interest. In cases where the Bank grants any significant concessions to a troubled borrower, the Bank accounts for the modification as a TDR under ASC 310-40 and the related allowance under ASC 310-10-35. Loans modified in TDRs are placed on non-accrual status until the Company determines that future collection of principal and interest is reasonably assured, which generally requires that the borrower demonstrate performance according to the restructured terms for a period of at least six months. There were no modifications made during the three month period ended September 30, 2013. The following table presents an analysis of those loan modifications that were classified as TDRs during the six month period ended September 30, 2013:
|  | Modifications to loans during the six month period ended
|  | September 30, 2013
$ in thousands |  | Number of loans |  | Pre- modification outstanding recorded investment |  | Post modification recorded investment |  | Pre-Modification rate |  | Post-Modification rate
One-to-four family residential |  | 1 |  |  | $ | 484 |  |  | $ | 549 |  |  | 7.50 | % |  | 5.50 | %
Business |  | 1 |  |  | 919 |  |  | 719 |  |  | 6.00 | % |  | 6.00 | %
|  | 2 |  |  | $ | 1,403 |  |  | $ | 1,268 |  |  |  |  |
The following table presents an analysis of those loan modifications that were classified as non performing TDRs during the three and six month period ended September 30, 2012:
Modifications to loans during the three month period ended |  | Modifications to loans during the six month period ended
September 30, 2012 |  | September 30, 2012
$ in thousands | Number of loans |  | Pre-modification outstanding recorded investment |  | Post modification recorded investment |  | Pre-Modification rate |  | Post-Modification rate |  | Number of loans | Pre- modification outstanding recorded investment |  | Post modification recorded investment |  | Pre-Modification rate |  | Post-Modification rate
One-to-four family residential | 1 |  |  | $ | 875 |  |  | $ | — |  |  | 8.13 | % |  | 8.13 | % |  | 2 |  | $ | 1,415 |  |  | $ | 540 |  |  | 6.55 | % |  | 6.07 | %
Commercial real estate | 1 |  |  | 466 |  |  | 466 |  |  | 12.02 | % |  | 12.02 | % |  | 1 |  | 466 |  |  | 466 |  |  | 12.02 | % |  | 12.02 | %
Business | 4 |  |  | 2,242 |  |  | 2,242 |  |  | 7.44 | % |  | 7.44 | % |  | 4 |  | 2,242 |  |  | 2,242 |  |  | 7.44 | % |  | 7.44 | %
Total | 6 |  |  | $ | 3,583 |  |  | $ | 2,708 |  |  |  |  |  |  | 7 |  | $ | 4,123 |  |  | $ | 3,248 |  |  |  |  |
In an effort to proactively manage delinquent loans, Carver has selectively extended to certain borrowers concessions such as extensions, rate reductions or forbearance agreements. For the six month period ended September 30, 2013, one loan of $0.5 million was modified with an interest rate concession of 2.00% and one loan of $0.7 million was extended. For the three month period ended September 30, 2012, no loans were modified with interest rate concessions. For the six month period ended September 30, 2012, one loan of $0.5 million was modified with an interest rate concession of 1.25%. For the period ended September 30, 2013, there were no loans that had been modified and subsequently defaulted within the last twelve months. For the period ended September 30, 2012, Carver had one commercial real estate loans with an outstanding balance of $2.4 million that had been modified and subsequently defaulted within the 12 month period. At September 30, 2013 there were eighteen loans in the TDR portfolio totaling $10.9 million that were on accrual status as they had performed within their modified terms for a consecutive six month period. At March 31, 2013, there were nine loans in the TDR portfolio totaling $5.0 million that were performing in accordance within their modified terms for a consecutive six month period.

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

X
- Definition Non performing loans [Table Text Block] + References No definition available. + Details
Name: | carv_NonPerformingLoansTableTextBlock
Namespace Prefix: | carv_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of impaired financing receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5212-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of nonaccrual and past due financing receivables (such as loans and trade receivables), including: (a) the recorded investment in loans and trade receivables, if applicable, on nonaccrual status as of each balance sheet date (b) the recorded investment in loans and trade receivables, if applicable, past due 90 days or more and still accruing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5111-111524 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6404-108592 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6327-108592 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13531-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6351-108592 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13537-108611 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6442-108592 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 94-6 -Paragraph 21, 22, 23, 24, 25 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables and troubled debt restructurings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953682-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953676-111524 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration