XML 120 R38.htm IDEA: XBRL DOCUMENT v3.2.0.727

Employee Benefit and Stock Compensation Plans (Tables)

12 Months Ended

Mar. 31, 2015

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	2015				2014
Change in benefit obligation:
Benefit obligation at the beginning of year	$	—			$	2,426
Interest cost	—				61
Actuarial gain	—				(165		)
Benefits paid	—				(2,497		)
Settlements	—				175
Benefit obligation at end of year	$	—			$	—
Change in fair value of plan assets:
Fair value of plan assets at beginning of year	$	—			$	2,023
Actual return on plan assets	—				120
Contributions	—				354
Benefits paid	—				(97		)
Settlements	—				(2,400		)
Fair value of plan assets at end of year	$	—			$	—
Funded status	$	—			$	—
Accrued pension cost	$	—			$	—

Schedule of Net Benefit Costs [Table Text Block]

Net periodic pension cost includes the following components for the years ended March 31:

$ in thousands	2015				2014				2013
Interest cost	$	—			$	61			$	106
Unrecognized loss	—				34				45
Settlement charge	—				1,180				100
Expected return on plan assets	—				(106		)		(176		)
Net periodic pension cost	$	—			$	1,169			$	75

Schedule of Assumptions Used [Table Text Block]

Significant actuarial assumptions used in determining plan benefits for the years ended March 31 are as follows:

	2015			2014			2013
Annual salary increase (1)	—			—			—
Expected long-term return on assets	N/A			N/A			8.00	%
Discount rate used in measurement of benefit obligations	N/A			N/A			3.75	%

⁽¹⁾  The annual salary increase rate is not applicable as the plan is frozen and no new benefits accrue.

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:

	2015						2014							2013
	Options (1)			Weighted Average Exercise Price			Options (1)			Weighted Average Exercise Price				Options (1)			Weighted Average Exercise Price
Outstanding, beginning of year	4,029			258.16			5,362			$	255.17			7,362			$	235.00
Granted	—			—			—			—				—			—
Exercised	—			—			—			—				—			—
Expired/Forfeited	1,000			294.45			1,333			246.15				2,000			180.90
Outstanding, end of year	3,029			246.18			4,029			258.16				5,362			255.17
Exercisable, at year end	3,002						3,975							5,229

⁽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, 2015 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			5.36		$97.50		107			$97.50
240.00			254.85				1,899			2.78		250.61		1,899			16.71
255.00			269.85				996			1.18		257.63		996			257.63
Total							3,029							3,002

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:

	2015		2014		2013
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

X

- Definition

[Table Text Block] for Option pricing model assumptions [Table]

+ References

No definition available.

+ Details

Name:	carv_OptionPricingModelAssumptionsTableTextBlock
Namespace Prefix:	carv_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ 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 (k)



-URI http://asc.fasb.org/extlink&oid=35743120&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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=35743120&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfChangesInProjectedBenefitObligationsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ 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 (h)



-URI http://asc.fasb.org/extlink&oid=35743120&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 718



-SubTopic 10



-Section 50



-Paragraph 2



-Subparagraph (c)(1)



-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 718



-SubTopic 10



-Section 50



-Paragraph 2



-Subparagraph (c)(1)



-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsAndStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration