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Loss Per Common Share (Notes)
12 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Loss Per Common Share
LOSS PER COMMON SHARE

The following table reconciles the earnings (loss) available to common shareholders (numerator) and the weighted average common stock outstanding (denominator) for both basic and diluted earnings (loss) per share for the years ended March 31:
$ in thousands except per share data
2017
 
2016
Restated (1)
Net loss available to common shareholders of Carver Bancorp, Inc. - Restated (1)
$
(2,853
)
 
$
(1,767
)
 
 
 
 
Weighted average common shares outstanding – basic
3,696,420

 
3,696,420

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

 
3,696,420

 
 
 
 
Basic loss per common share - Restated (1)
$
(0.77
)
 
$
(0.48
)
Diluted loss per common share - Restated (1)
$
(0.77
)
 
$
(0.48
)
(1) March 31, 2016 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Notes 1 and 19 for further detail.

For the years ended March 31, 2017 and 2016, all MRP shares and outstanding stock options were anti-dilutive.