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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Interest Income:        
Loans $ 6,467 $ 4,677 $ 18,283 $ 14,838
Mortgage-backed securities 192 197 579 595
Investment securities 317 345 999 998
Money market investments 33 46 87 181
Total interest income 7,009 5,265 19,948 16,612
Interest expense:        
Deposits 841 741 2,399 2,182
Advances and other borrowed money 330 272 924 815
Total interest expense 1,171 1,013 3,323 2,997
Net interest income 5,838 4,252 16,625 13,615
Provision for (recovery of) loan losses 728 (1,151) 1,489 (2,645)
Net interest income after provision for loan losses 5,110 5,403 15,136 16,260
Non-interest income:        
Depository fees and charges 820 887 2,297 2,707
Loan fees and service charges 114 282 457 495
Gain on sale of securities 0 3 1 8
Gain (loss) on sale of loans, net 305 0 499 (2)
Gain on real estate owned 146 41 164 44
Gain on sale of building 1,203 0 1,203 0
Lower of cost or market adjustment on loans held-for-sale 1 1 1 2
Other 152 194 444 919
Total non-interest income 2,741 1,408 5,066 4,173
Non-interest expense:        
Employee compensation and benefits 2,921 2,997 8,430 8,784
Net occupancy expense 1,199 919 3,320 2,763
Equipment, net 150 229 475 656
Data processing 455 77 1,036 398
Consulting fees 245 369 558 767
Federal deposit insurance premiums 135 189 390 542
Other 2,242 2,009 5,382 6,178
Total non-interest expense 7,347 6,789 19,591 20,088
Income before income taxes 504 22 611 345
Income tax expense 67 62 160 135
Consolidated net income 437 (40) 451 210
Net income attributable to noncontrolling interest 0 (151) 0 (281)
Net income attributable to Carver Bancorp, Inc. $ 437 $ 111 $ 451 $ 491
Earnings per common share:        
Basic $ 0.12 $ 0.03 $ 0.12 $ 0.13
Diluted $ 0.12 $ 0.03 $ 0.12 $ 0.13