EX-11 2 september302016exhibit11.htm EXHIBIT 11 Exhibit


EXHIBIT 11
COMPUTATION OF EARNINGS PER SHARE
(Unaudited)

 
 
Three Months Ended
September 30,
 
Six Months Ended September 30,
$ in thousands except per share data
 
2016
 
2015
 
2016
 
2015
Earnings per common share
 
 
 
 
 
 
 
 
Net income
 
$
(252
)
 
$
(156
)
 
$
156

 
$
289

Less: Participated securities share of undistributed earnings
 
—

 
—

 
94

 
173

Net 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

 
3,696,338

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

 
3,700,338

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

 
$
0.03

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

 
$
0.03