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Other Comprehensive Income (Loss) (Notes)
12 Months Ended
Mar. 31, 2015
Statement of Comprehensive Income [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
OTHER COMPREHENSIVE (LOSS) INCOME

The following tables set forth changes in each component of accumulated other comprehensive (loss) income, net of tax for the years ended March 31, 2015 and 2014:
$ in thousands
 
At
March 31, 2014
 
Other Comprehensive Income
 
At
March 31, 2015
Net unrealized gain (loss) on securities available-for-sale
 
$
(4,768
)
 
$
3,723

 
$
(1,045
)
Accumulated other comprehensive loss
 
$
(4,768
)
 
$
3,723

 
$
(1,045
)

$ in thousands
 
At
March 31, 2013
 
Pension Plan Adjustment
 
Other Comprehensive Income
 
At
March 31, 2014
Net unrealized gain (loss) on securities available-for-sale
 
$
1,064

 
$

 
$
(5,832
)
 
$
(4,768
)
Net unrealized loss on pension liability
 
(501
)
 
(716
)
 
1,217

 

Accumulated other comprehensive income (loss)
 
$
563

 
$
(716
)
 
$
(4,615
)
 
$
(4,768
)



The following table sets forth information about amounts reclassified from accumulated other comprehensive loss to the consolidated statement of operations and the affected line item in the statement where net income is presented.
 
 
For the Twelve Months Ended March 31,
 
Affected Line Item in the Consolidated Statement of Operations
$ in thousands
 
2015
 
2014
 
Reclassification adjustment for sales of available for-sale securities, net of tax
 
$
8

 
$
552

 
Gain on sale of securities, net
Reclassification adjustment for termination of pension plan, net of tax
 

 
(1,148
)
 
Employee compensation and benefits
Total reclassifications for the period
 
$
8

 
$
(596
)
 
 


Comprehensive Income (Loss). Comprehensive income (loss) represents net income (loss) and certain amounts reported directly in stockholders' equity, such as net unrealized gain or loss on securities available-for-sale and loss on pension obligations. The Company has reported its comprehensive income (loss) for fiscal years 2015 and 2014 in the Consolidated Statements of Comprehensive Income (Loss).  Carver Federal's accumulated other comprehensive income (loss) included net unrealized gains on securities of $3.7 million at March 31, 2015 and net unrealized losses on securities of $5.8 million at March 31, 2014.