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Earnings Per Common Share (Tables)
6 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table reconciles the earnings available to common shareholders (numerator) and the weighted average common stock outstanding (denominator) for both basic and diluted earnings per share for the following periods:
 
 
Three Months Ended
September 30,
 
Six Months Ended
September 30,
$ in thousands except per share data
 
2016
 
2015
Restated (1)
 
2016
 
2015
Restated (1)
Earnings per common share
 
 
 
 
 
 
 
 
Net (loss) income as reported
 
$
(252
)
 
$
(156
)
 
156

 
289

Less: Participated securities share of undistributed earnings
 

 

 
94

 
173

Net (loss) income available to common shareholders of Carver Bancorp, Inc.
 
$
(252
)
 
$
(156
)
 
$
62

 
$
116

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
3,696,420

 
3,696,420

 
3,696,420

 
3,696,420

Effect of dilutive MRP shares
 
4,000

 
4,000

 
4,000

 
4,000

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

 
3,700,420

 
3,700,420

 
3,700,420

 
 
 
 
 
 
 
 
 
Basic (loss) earnings per common share
 
$
(0.07
)
 
$
(0.04
)
 
$
0.02

 
$
0.03

Diluted (loss) earnings per common share
 
$
(0.07
)
 
$
(0.04
)
 
$
0.02

 
$
0.03

(1) September 30, 2015 amounts have been restated from previously reported results to correct for a material and certain other errors from prior periods. Refer to Note 1 for further detail.