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Earnings (Loss) Per Common Share
 12 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share [Text Block]
LOSS PER COMMON SHARE

The following table reconciles the earnings (loss) available to common shareholders (numerator) and the weighted average common stock outstanding (denominator) for both basic and diluted earnings (loss) per share for years ended March 31:
$ in thousands except per share data
2016
 
2015
Restated (1)
Net loss available to common shareholders of Carver Bancorp, Inc.
$
(170
)
 
$
(272
)
 
 
 
 
Weighted average common shares outstanding – basic
3,696,420

 
3,696,359

Effect of dilutive MRP shares
4,000

 
253

Weighted average common shares outstanding – diluted
3,700,420

 
3,696,612

 
 
 
 
Basic (loss) earnings per common share
$
(0.05
)
 
$
(0.07
)
Diluted (loss) earnings per common share
$
(0.05
)
 
$
(0.07
)
(1) March 31, 2015 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Notes 1 and 18 for further detail.