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Organization (Tables) | 12 Months Ended
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Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block] | The following analysis includes the financial statements as originally reported and as adjusted and takes into account the following adjustments.
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
| March 31, 2015
$ in thousands except per share data | As Previously Reported |  | Adjustment |  | As Restated
ASSETS |  |  |  |  |
Cash and cash equivalents: |  |  |  |  |
Cash and due from banks | $ | 44,864 |  |  | — |  |  | $ | 44,864 |
Money market investments | 6,128 |  |  | — |  |  | 6,128 |
Total cash and cash equivalents | 50,992 |  |  | — |  |  | 50,992 |
Restricted cash | 6,354 |  |  | — |  |  | 6,354 |
Investment securities: |  |  |  |  |
Available-for-sale, at fair value | 101,185 |  |  | (981 | ) |  | 100,204 |
Held-to-maturity, at amortized cost (fair value of $15,653 and $12,231 at March 31, 2016 and March 31, 2015, respectively) | 11,922 |  |  | — |  |  | 11,922 |
Total investments | 113,107 |  |  | (981 | ) |  | 112,126 |
Loans held-for-sale (“HFS”) | 2,576 |  |  | 148 |  |  | 2,724 |
Loans receivable: |  |  |  |  |
Real estate mortgage loans | 412,204 |  |  | 484 |  |  | 412,688 |
Commercial business loans | 70,555 |  |  | 85 |  |  | 70,640 |
Consumer loans | 434 |  |  | — |  |  | 434 |
Loans, net | 483,193 |  |  | 569 |  |  | 483,762 |
Allowance for loan losses | (4,477 | ) |  | 49 |  |  | (4,428 | )
Total loans receivable, net | 478,716 |  |  | 618 |  |  | 479,334 |
Premises and equipment, net | 7,075 |  |  | — |  |  | 7,075 |
Federal Home Loan Bank of New York (“FHLB-NY”) stock, at cost | 3,519 |  |  | — |  |  | 3,519 |
Accrued interest receivable | 2,781 |  |  | — |  |  | 2,781 |
Other assets (1) | 11,266 |  |  | (391 | ) |  | 10,875 |
Total assets | $ | 676,386 |  |  | $ | (606 | ) |  | $ | 675,780 |
LIABILITIES AND EQUITY |  |  |  |  |
LIABILITIES |  |  |  |  |
Deposits: |  |  |  |  |
Savings | $ | 95,009 |  |  | — |  |  | 95,009 |
Non-interest bearing checking | 50,731 |  |  | — |  |  | 50,731 |
Interest-bearing checking | 30,860 |  |  | — |  |  | 30,860 |
Money market | 148,702 |  |  | — |  |  | 148,702 |
Certificates of deposit | 200,123 |  |  | — |  |  | 200,123 |
Mortgagors deposits | 2,336 |  |  | — |  |  | 2,336 |
Total deposits | 527,761 |  |  | — |  |  | 527,761 |
Advances from the FHLB-NY and other borrowed money | 83,403 |  |  | — |  |  | 83,403 |
Other liabilities | 10,243 |  |  | 728 |  |  | 10,971 |
Total liabilities | 621,407 |  |  | 728 |  |  | 622,135 |
EQUITY |  |  |  |  |
Preferred stock (par value $0.01 per share: 45,118 Series D shares, with a liquidation preference of $1,000 per share, issued and outstanding) | 45,118 |  |  | — |  |  | 45,118 |
Common stock (par value $0.01 per share: 10,000,000 shares authorized; 3,698,031 issued; 3,696,087 shares outstanding at March 31, 2016 and March 31, 2015) | 61 |  |  | — |  |  | 61 |
Additional paid-in capital | 55,468 |  |  | — |  |  | 55,468 |
Accumulated deficit | (44,206 | ) |  | (1,334 | ) |  | (45,540 | )
Treasury stock, at cost (1,944 shares at March 31, 2016 and March 31, 2015) | (417 | ) |  | — |  |  | (417 | )
Accumulated other comprehensive loss | (1,045 | ) |  | — |  |  | (1,045 | )
Total equity | 54,979 |  |  | (1,334 | ) |  | 53,645 |
Total liabilities and equity | $ | 676,386 |  |  | $ | (606 | ) |  | $ | 675,780 |
CONSOLIDATED STATEMENTS OF OPERATIONS
| Year Ended March 31, 2015
$ in thousands except per share data | As Previously Reported |  | Adjustment |  | As Restated
Interest income: |  |  |  |  |
Loans | $ | 19,974 |  |  | — |  |  | $ | 19,974 |
Mortgage-backed securities | 799 |  |  | — |  |  | 799 |
Investment securities | 1,339 |  |  | — |  |  | 1,339 |
Money market investments | 215 |  |  | — |  |  | 215 |
Total interest income | 22,327 |  |  | — |  |  | 22,327 |
Interest expense: |  |  |  |  |
Deposits | 2,853 |  |  | — |  |  | 2,853 |
Advances and other borrowed money | 1,089 |  |  | — |  |  | 1,089 |
Total interest expense | 3,942 |  |  | — |  |  | 3,942 |
Net interest income | 18,385 |  |  | — |  |  | 18,385 |
Provision for (recovery of) loan losses | (3,010 | ) |  | 168 |  |  | (2,842 | )
Net interest income after provision for (recovery of) loan losses | 21,395 |  |  | (168 | ) |  | 21,227 |
Non-interest income: |  |  |  |  |
Depository fees and charges | 3,595 |  |  | — |  |  | 3,595 |
Loan fees and service charges | 708 |  |  | — |  |  | 708 |
Gain on sale of securities, net | 8 |  |  | — |  |  | 8 |
Gain (loss) on sale of loans, net | (2 | ) |  | — |  |  | (2 | )
Gain on real estate owned, net | 5 |  |  | — |  |  | 5 |
Lower of cost or market adjustment on loans held-for-sale | (28 | ) |  | — |  |  | (28 | )
Other | 1,282 |  |  | — |  |  | 1,282 |
Total non-interest income | 5,568 |  |  | — |  |  | 5,568 |
Non-interest expense: |  |  |  |  |
Employee compensation and benefits | 11,588 |  |  | — |  |  | 11,588 |
Net occupancy expense | 3,839 |  |  | — |  |  | 3,839 |
Equipment, net | 900 |  |  | — |  |  | 900 |
Data processing | 733 |  |  | 526 |  |  | 1,259 |
Consulting fees | 952 |  |  | 51 |  |  | 1,003 |
Federal deposit insurance premiums | 603 |  |  | — |  |  | 603 |
Other | 8,099 |  |  | (109 | ) |  | 7,990 |
Total non-interest expense | 26,714 |  |  | 468 |  |  | 27,182 |
Income (loss) before income taxes | 249 |  |  | (636 | ) |  | (387 | )
Income tax expense | 166 |  |  | — |  |  | 166 |
Consolidated net income (loss) | 83 |  |  | (636 | ) |  | (553 | )
Less: Net loss attributable to non-controlling interest | (281 | ) |  | — |  |  | (281 | )
Net income (loss) attributable to Carver Bancorp, Inc. | $ | 364 |  |  | $ | (636 | ) |  | $ | (272 | )
Earnings (loss) per common share: |  |  |  |  |
Basic | $ | 0.10 |  |  | (0.17 | ) |  | $ | (0.07 | )
Diluted | $ | 0.10 |  |  | (0.17 | ) |  | $ | (0.07 | )

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22663-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22644-107794 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22658-107794 + Details
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