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Earnings Per Common Share
 3 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
EARNINGS PER COMMON SHARE

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
June 30,
$ in thousands except per share data
 
2016
 
2015
Restated (1)
Earnings per common share
 
 
 
 
Net income as reported
 
$
408

 
$
445

Less: Participated securities share of undistributed earnings
 
246

 
266

Net income available to common shareholders of Carver Bancorp, Inc.
 
$
162

 
$
179

 
 
 
 
 
Weighted average common shares outstanding
 
3,696,420

 
3,696,420

Effect of dilutive MRP shares
 
4,000

 
4,000

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

 
3,700,420

 
 
 
 
 
Basic earnings per common share
 
$
0.04

 
$
0.05

Diluted earnings per common share
 
$
0.04

 
$
0.05

(1) June 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.