EX-11 2 december312016exhibit11.htm EXHIBIT 11 Exhibit


EXHIBIT 11
COMPUTATION OF EARNINGS PER SHARE
(Unaudited)

 
 
Three Months Ended
December 31,
 
Nine Months Ended December 31,
$ in thousands except per share data
 
2016
 
2015
 
2016
 
2015
Earnings per common share
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(1,156
)
 
$
570

 
$
(1,000
)
 
$
859

Less: Participated securities share of undistributed earnings
 
—

 
341

 
—

 
514

Net (loss) income available to common shareholders of Carver Bancorp, Inc.
 
$
(1,156
)
 
$
229

 
$
(1,000
)
 
$
345

 
 
 
 
 
 
 
 
 
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

Weighted average common shares outstanding - diluted
 
3,696,420

 
3,700,420

 
3,696,420

 
3,700,420

 
 
 
 
 
 
 
 
 
Basic (loss) earnings per common share
 
$
(0.31
)
 
$
0.06

 
$
(0.27
)
 
$
0.09

Diluted (loss) earnings per common share
 
$
(0.31
)
 
$
0.06

 
$
(0.27
)
 
$
0.09