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Employee Benefit and Stock Compensation Plans (Tables) | 12 Months Ended
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Mar. 31, 2014
Compensation and Retirement Disclosure [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 | 2014 |  | 2013
Change in benefit obligation: |  |  |
Benefit obligation at the beginning of year | $ | 2,426 |  |  | $ | 2,614 |
Interest cost | 61 |  |  | 106 |
Actuarial gain | (165 | ) |  | 53 |
Benefits paid | (2,497 | ) |  | (390 | )
Settlements | 175 |  |  | 43 |
Benefit obligation at end of year | $ | — |  |  | $ | 2,426 |
Change in fair value of plan assets: |  |  |
Fair value of plan assets at beginning of year | $ | 2,023 |  |  | $ | 2,251 |
Actual return on plan assets | 120 |  |  | 160 |
Contributions | 354 |  |  | — |
Benefits paid | (97 | ) |  | (190 | )
Settlements | (2,400 | ) |  | (198 | )
Fair value of plan assets at end of year | $ | — |  |  | $ | 2,023 |
Funded status | $ | — |  |  | $ | (403 | )
Accrued pension cost | $ | — |  |  | $ | (403 | )
Schedule of Net Benefit Costs [Table Text Block] | Net periodic pension cost includes the following components for the years ended March 31:
$ in thousands | 2014 |  | 2013 |  | 2012
Interest cost | $ | 61 |  |  | $ | 106 |  |  | $ | 122 |
Unrecognized loss | $ | 34 |  |  | $ | 45 |  |  | $ | 61 |
Settlement charge | $ | 1,180 |  |  | $ | 100 |  |  | $ | — |
Expected return on plan assets | $ | (106 | ) |  | $ | (176 | ) |  | $ | (163 | )
Net periodic pension cost | $ | 1,169 |  |  | $ | 75 |  |  | $ | 20 |
Schedule of Assumptions Used [Table Text Block] | Significant actuarial assumptions used in determining plan benefits for the years ended March 31 are as follows:
| 2014 |  | 2013 |  | 2012
Annual salary increase (1) | — |  |  | — |  |  | — |
Expected long-term return on assets | N/A |  |  | 8.00 | % |  | 8.00 | %
Discount rate used in measurement of benefit obligations | N/A |  |  | 3.75 | % |  | 4.18 | %
(1) | The annual salary increase rate is not applicable as the plan is frozen and no new benefits accrue.
Schedule of Allocation of Plan Assets [Table Text Block] | The weighted average asset allocations for Carver Federal's Plan as of March 31, 2014 and 2013, were as follows:
| At March 31,
Asset | 2014 |  | 2013
Equity securities | —% |  | 61%
Debt securities | —% |  | 39%
Total | —% |  | 100%
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:
| 2014 |  | 2013 |  | 2012
| Options (1) |  | Weighted Average Exercise Price |  | Options (1) |  | Weighted Average Exercise Price |  | Options (1) |  | Weighted Average Exercise Price
Outstanding, beginning of year | 5,362 |  |  | 255.17 |  |  | 7,362 |  |  | $ | 235.00 |  |  | 10,244 |  |  | $ | 216.75 |
Granted | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Exercised | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Expired/Forfeited | 1,333 |  |  | 246.15 |  |  | 2,000 |  |  | 180.90 |  |  | 2,882 |  |  | 170.08 |
Outstanding, end of year | 4,029 |  |  | 258.16 |  |  | 5,362 |  |  | 255.17 |  |  | 7,362 |  |  | 235.00 |
Exercisable, at year end | 3,975 |  |  |  |  | 5,229 |  |  |  |  | 6,696 |  |  |
(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, 2014 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 |  |  | 134 |  |  | 6.36 |  | $97.50 |  | 80 |  |  | $97.50
240.00 |  | 254.85 |  |  | 1,899 |  |  | 2.78 |  | 250.61 |  | 1,899 |  |  | 16.55
255.00 |  | 269.85 |  |  | 996 |  |  | 1.18 |  | 257.63 |  | 996 |  |  | 257.63
285.00 |  | 299.85 |  |  | 1,000 |  |  | 0.23 |  | 294.45 |  | 1,000 |  |  | 294.45
Total |  |  | 4,029 |  |  |  |  |  |  | 3,975 |  |  |
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:
| 2014 |  | 2013 |  | 2012
Risk-free interest rate | N/A |  | N/A |  | N/A
Volatility | N/A |  | N/A |  | N/A
Annual dividends | N/A |  | N/A |  | N/A
Expected life of option grants | N/A |  | N/A |  | N/A

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