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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Mar. 31, 2015
Mar. 31, 2014
Cash and cash equivalents:    
Cash and due from banks $ 44,864 $ 115,239
Money market investments 6,128 7,315
Total cash and cash equivalents 50,992 122,554
Restricted cash 6,354 6,354
Investment securities:    
Available-for-sale 101,185 89,461
Held-to-maturity 11,922 9,029
Total investments 113,107 98,490
Loans held-for-sale (HFS) 2,576 5,011
Loans receivable:    
Real estate mortgage loans 412,204 362,888
Commercial business loans 70,555 26,930
Consumer loans 434 138
Loans, net 483,193 389,956
Allowance for loan losses (4,477) (7,233)
Total loans receivable, net 478,716 382,723
Premises and equipment, net 7,075 7,830
Federal Home Loan Bank of New York (“FHLB-NY”) stock 3,519 3,101
Accrued interest receivable 2,781 2,557
Other assets 11,266 11,218
Total assets 676,386 639,838
Deposits:    
Savings 95,009 98,051
Non-interest bearing checking 50,731 53,232
Interest-bearing checking 30,860 24,271
Money market 148,702 127,655
Certificates of deposit 202,459 206,157
Deposits 527,761 509,366
Advances from the FHLB-NY and other borrowed money 83,403 70,403
Other liabilities 10,243 8,900
Total liabilities 621,407 588,669
EQUITY    
Preferred stock 45,118 45,118
Common stock 61 61
Additional paid-in capital 55,468 56,114
Accumulated deficit (44,206) (44,570)
Treasury stock, at cost 417 417
Accumulated Other Comprehensive (Loss) Income (1,045) (4,768)
Total Equity Attributable to Carver Bancorp, Inc. 54,979 51,538
Non-controlling Interest 0 (369)
Total equity 54,979 51,169
Total liabilities and equity $ 676,386 $ 639,838